|
City of Orono, Minnesota
<br />Internal Service Funds
<br /> Combining Statement of Cash Flows
<br />For the Year Ended December 31, 2023
<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 720,331$ -$ 228,468$ 343,838$ 1,292,637$
<br />Payments to suppliers (357,928) - (335,727) (264,592) (958,247)
<br />Payments to employees (252,889) - 1,602 (114,351) (365,638)
<br />Net Cash Provided (Used) by Operating Activities 109,514 - (105,657) (35,105) (31,248)
<br />Cash Flows from Investing Activities
<br />Investment receipts (loss) 11,298 40,229 (3) (1) 51,523
<br />Net Increase (Decrease) in
<br />Cash and Cash Equivalents 120,812 40,229 (105,660) (35,106) 20,275
<br />Cash and Cash Equivalents, January 1 156,643 700,951 (125,967) (228,869) 502,758
<br />Cash and Cash Equivalents, December 31 277,455$ 741,180$ (231,627)$ (263,975)$ 523,033$
<br />Reconciliation of Operating Income (Loss)
<br />to Net Cash Provided (Used) by Operating Activities
<br />Operating income (loss) 108,074$ -$ (115,413)$ (48,306)$ (55,645)$
<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 - - - (23,459) (23,459)
<br />Increase (decrease) in liabilities
<br />Accounts and contracts payable 1,650 - 7,666 35,855 45,171
<br />Accrued salaries payable (210) - 1,602 805 2,197
<br />Due to other governments - - 486 - 486
<br />Net Cash Provided (Used) by
<br />Operating Activities 109,514$ -$ (105,657)$ (35,105)$ (31,248)$
<br />122
<br />(Increase) decrease in assets(Increase) decrease in assets
<br />Interest ReceivableInterest Receivable -- -- 22 -
<br />Prepaid itemsPrepaid items -- -- - (23,459)(23,459)
<br />Increase (decrease) in liabilitiesIncrease (decrease) in liabilities
<br />Accounts and contracts payableAccounts and contracts payable 1,6501,650 -- 7,6667,666 35,85535,855
<br />Accrued salaries payableAccrued salaries payable (210)(210) -- 1,6021,602 805805
<br />Due to other governmentsDue to other governments - -- 486 -
<br />Net Cash Provided (Used) byNet Cash Provided (Used) by
<br />Operating ActivitiesOperating Activities 109,514109,514$ $ --$ $ (105,657)$ (35,105)(35,105)$ $
<br />157
|