07-26-1999 Council Packet - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I L B CITY OF ORONO, MINNESOTA Sewer Operating Fund Comparative Statement of Cash Flows Years Ended December 31,1998 and 1997 Cash flows from operating activities 1998 End of year Supplementary schedule of noncash investing, capital, and financing activities MCES current value credit applied 2L996 -86- Exhibit F-9 1997 Operating income (loss)$ 48,235 J (50,709) Adjustments to reconcile operating income (loss) to net cash provided by operating activities Depreciation 133,382 182,434 Change in assets and liabilities (Increase) decrease in Accounts receivable (62,175)20,241 Due from other governments 36,748 106,020 Prepaid items —262 Increase (decrease) in Accounts payable 33,004 (2.951) Salaries and compensated absences payable 20 (4.402) Due to other governments (49,976)84,976 Net cash provided by operating activities 139,238 335,871 Cash flows from capital and related financing activities Taxes collected for revenue bond debt 280 2,576 Special assessments collected for revenue bond debt 20,201 28,171 Sewer connection fees 37,515 - Intergovernmental grants received 7,102 24,807 Acquisition or construction of capital assets (61,477)(197,935) Proceeds received on Note payable 15,000 — Principal paid on revenue bonds (116,114)(121,055) Interest paid on revenue bonds (24,008) (28,646) Other charges on revenue bonds (80)(80) Net cash used by capital and related financing activities (121,581)(292,162) Cash flows from investing activities Interest received on investments 99,682 123,610 Net increase in cash and cash equivalents 117,339 167,319 Cash and cash equivalents Beginning of year 1,573,145 1,405,826 $ 1.690.484 $ 1.573.145 4.594 i