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06-09-1997 Council Packet
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06-09-1997 Council Packet
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r <br />ij <br />CITY OF ORONO, MINNESOTA <br />Exhibit A-5 <br />Statement of Cash Flows <br />Proprietary Fund Type (continued) <br />Years Ended December 31, 1996 and 1995 <br />value of 31. 1996, the City disposed of equipment with an adjusted book <br />Equipment <br />Original price <br />Accumulated depreciation <br />$ 10,902 <br />7,390 <br />Loss on disposal of equipment $3,512 <br />See notes to financial statements <br />-26- <br />___Enterprise Funds •• <br />Cash flows from investing activities <br />1996 __i^5_ _» <br />Interest received on investments 159,005 82,699 - <br />Net increase (decrease) in cash and cash equivalents (1,524,007)1,580,597 <br />Cash and cash equivalents <br />Beginning of year 3,454,544 1,873,947 <br />End of year $ 1,930,537 $ 3,454,544 U <br />Cash and cash equivalents <br />Unrestricted cash and temporary investments $ 1,930,537 $ 1,129,699 <br />Restricted cash and temporary investments —2,324,845 <br />Total cash and cash equivalents $_J,930,537 $ 3,454,544 m <br />Supplementary schedule of noncash investing, capital, and financing activities <br />mm <br />Assets contributed from other funds k -1.8W j 189_$•mi <br />MWCC current value credit applied $____^4,594 $ 4^594 <br />. ^
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