|
CITY OF ORONO
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />YEAR ENDED DECEMBER 31, 2017
<br />
<br />
<br />See accompanying Notes to Basic Financial Statements.
<br />(27)
<br />
<br />Governmental
<br />Activities
<br />Other
<br />Water Sewer Storm Water
<br />Funds Total Internal Service
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Cash Receipts from Customers 611,326$ 1,422,963$ 284,945$ 187,082$ 2,506,316$ 297,329$
<br />Cash Paid to Suppliers (403,706) (801,349) (91,882) (142,908) (1,439,845) (356,184)
<br />Cash Paid to Employees (179,597) (307,161) (41,663) (18,703) (547,124) -
<br />Other Receipts 20,919 55,073 3,719 9,952 89,663 42,700
<br />Net Cash Provided (Used) by Operating Activities 48,942 369,526 155,119 35,423 609,010 (16,155)
<br />CASH FLOWS FROM CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES
<br />Water Tower Rental Fees 108,174 - - - 108,174 -
<br />Connection Fees Received - 7,650 - - 7,650 -
<br />Special Assessments for Capital Purposes - - - - - -
<br />Acquisition of Capital Assets (265,626) (566,430) (126,841) (5,760) (964,657) -
<br />Amount received on sale of capital assets - - - - - -
<br />Interest Paid on Bonds (25,183) - - - (25,183) -
<br />Principal Payments on Bonds (75,000) - - - (75,000) -
<br />Net Cash Provided (Used) by Capital and
<br /> Related Financing Activities (257,635) (558,780) (126,841) (5,760) (949,016) -
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest Received 8,697 25,810 14,462 1,610 50,579 8,637
<br />Change in Fair Market Value of Investments - - - - - -
<br />-
<br />Net Cash Used by Investing Activities 8,697 25,810 14,462 1,610 50,579 8,637
<br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br />Transfers Out (55,000) (100,000) - - (155,000) -
<br />Repayment of Advances from Other Funds - - - - - -
<br />State Grant Received 45,218 - 28,242 73,460 -
<br />Net Cash Provided (Used) by Noncapital
<br /> Financing Activities (55,000) (54,782) - 28,242 (81,540) -
<br />NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (254,996) (218,226) 42,740 59,515 (370,967) (7,518)
<br />Cash and Cash Equivalents - Beginning of Year 1,153,087 2,997,070 1,597,525 143,835 5,891,517 1,068,566
<br />CASH AND CASH EQUIVALENTS - END OF YEAR 898,091$ 2,778,844$ 1,640,265$ 203,350$ 5,520,550$ 1,061,048$
<br />RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
<br /> CASH PROVIDED (USED) BY OPERATING ACTIVITIES
<br />Operating Income (Loss) (29,595)$ (1,084)$ 98,708$ 13,311$ 81,340$ (11,258)$
<br />Miscellaneous Other Receipts Added to Operating Income 20,919 28,847 3,719 8,273 61,758 -
<br />Noncash Expenses Included in Net Income:
<br />Depreciation 178,222 308,847 35,827 4,312 527,208 -
<br />Change in Assets and Liabilities:
<br />(Increase) Decrease in:
<br />Accounts Receivable (8,143) 19,716 (4,698) 433 7,308 (7,680)
<br />Prepaid Items 74 35,873 - 1,098 37,045 -
<br />Inventory - - - - - -
<br />Due from Other Governmental Units (18) 2,417 - - 2,399 -
<br />Deferred Outflows of Resources 37,326 60,373 9,766 1,390 108,855 -
<br />Increase (Decrease) in:
<br />Accounts Payable (140,772) (47,090) 19,700 775 (167,387) 2,783
<br />Accrued Salaries Payable 411 369 18 - 798 -
<br />Due to Other Governmental Units 17,454 6,324 373 - 24,151 -
<br />Compensated Absences Payable 556 1,177 - - 1,733 -
<br />Unearned Revenue - - - - - -
<br />Other Postemployment Benefits 1,363 2,272 454 - 4,089 -
<br />Net Pension Liability (34,777) (57,638) (10,001) 3,906 (98,510) -
<br />Deferred Inflows of Resources 5,922 9,123 1,253 1,925 18,223 -
<br />Net Cash Provided (Used) by Operating Activities 48,942$ 369,526$ 155,119$ 35,423$ 609,010$ (16,155)$
<br />Business-Type Activities - Enterprise Funds
<br />
|