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City of Orono, Minnesota
<br />Internal Service Funds
<br /> Combining Statement of Cash Flows
<br />For the Year Ended December 31, 2022
<br />703 705 701 710
<br />Insurance Compensated Fleet
<br />Fund Absences Management IT Services Total
<br />Cash Flows from Operating Activities
<br />Receipts from customers and users 405,232$ -$ 133,421$ 191,663$ 730,316$
<br />Payments to suppliers (217,306) - (275,782) (175,758) (668,846)
<br />Payments to employees (260,135) - - (98,489) (358,624)
<br />Net Cash Provided (Used) by Operating Activities (72,209) - (142,361) (82,584) (297,154)
<br />Cash Flows from Investing Activities
<br />Investment receipts (loss)(9,288) (27,713) (113) (212) (37,326)
<br />Net Increase (Decrease) in
<br />Cash and Cash Equivalents (81,497) (27,713) (142,474) (82,796) (334,480)
<br />Cash and Cash Equivalents, January 1 238,140 728,664 16,507 (146,073) 837,238
<br />Cash and Cash Equivalents, December 31 156,643$ 700,951$ (125,967)$ (228,869)$ 502,758$
<br />Reconciliation of Operating Income (Loss)
<br />to Net Cash Provided (Used) by Operating Activities
<br />Operating income (loss)(72,209)$ -$ (134,797)$ (121,407)$ (328,413)$
<br />Adjustments to reconcile operating income (loss)
<br />to net cash provided (used) by operating activities
<br />(Increase) decrease in assets
<br />Interest Receivable - - (2) - (2)
<br />Prepaid items - - - 25,674 25,674
<br />Increase (decrease) in liabilities
<br />Accounts and contracts payable - - (7,562) 13,149 5,587
<br />Net Cash Provided (Used) by
<br />Operating Activities (72,209)$ -$ (142,361)$ (82,584)$ (297,154)$
<br />124 170
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