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CITY OF ORONO
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />YEAR ENDED DECEMBER 31, 2015
<br />
<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 /> Enterprise Funds Total Internal Service
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Cash Receipts from Customers 540,642$ 1,303,940$ 246,842$ 160,159$ 2,251,583$ 243,569$
<br />Cash Paid to Suppliers (245,397) (737,414) (31,414) (127,529) (1,141,754) (199,903)
<br />Cash Paid to Employees (160,671) (266,138) (54,454) (17,204) (498,467) -
<br />Other Receipts 11,074 33,570 3,545 4,690 52,879 21,939
<br />Net Cash Provided by Operating Activities 145,648 333,958 164,519 20,116 664,241 65,605
<br />CASH FLOWS FROM CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES
<br />Water Tower Rental Fees 92,916 - - - 92,916 -
<br />Connection Fees Received - 39,705 275,213 - 314,918 -
<br />Special Assessments for Capital Purposes - 16,767 - - 16,767 -
<br />Acquisition of Capital Assets (701,333) (337,432) (79,561) - (1,118,326) -
<br />Interest Paid on Bonds (24,736) - - - (24,736) -
<br />Principal Payments on Bonds (85,000) - - - (85,000) -
<br />Net Cash Provided (Used) by Capital and
<br /> Related Financing Activities (718,153) (280,960) 195,652 - (803,461) -
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest Received 18,632 30,984 14,154 592 64,362 11,048
<br />CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES
<br />Transfers Out (158,000) (113,575) (48,634) - (320,209) -
<br />Cash Advance Received from Other Funds - - - 1,812 1,812 -
<br />State Grant Received - - 30,190 30,190 -
<br />Net Cash Provided (Used) by Non-Capital
<br /> Financing Activities (158,000) (113,575) (48,634) 32,002 (288,207) -
<br />NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (711,873) (29,593) 325,691 52,710 (363,065) 76,653
<br />Cash and Cash Equivalents - Beginning of Year 2,073,782 2,883,157 1,151,932 14,678 6,123,549 1,028,823
<br />CASH AND CASH EQUIVALENTS - END OF YEAR 1,361,909$ 2,853,564$ 1,477,623$ 67,388$ 5,760,484$ 1,105,476$
<br />RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
<br /> CASH PROVIDED (USED) BY OPERATING ACTIVITIES
<br />Operating Income (Loss) (39,435)$ (43,750)$ 91,840$ 49,385$ 58,040$ (44,427)$
<br />Miscellaneous Other Receipts Added to Operating Income 76 7,130 - 3,153 10,359 -
<br />Non-Cash Expenses Included in Net Income:
<br />Depreciation 98,516 304,437 32,465 4,314 439,732 -
<br />Change in Assets and Liabilities:
<br />(Increase) Decrease in:
<br />Accounts Receivable 20,348 43,283 (5,200) (21,038) 37,393 -
<br />Prepaid Items 900 5,535 - (594) 5,841 110,032
<br />Inventory 1,750 - - - 1,750 -
<br />Due from Other Governmental Units 21 2,576 - (15,095) (12,498) -
<br />Deferred Outflows of Resources (9,814) (15,517) (3,358) (1,152) (29,841) -
<br />Increase (Decrease) in:
<br />Accounts Payable 29,188 8,129 45,125 (122) 82,320 -
<br />Accrued Salaries Payable 1,517 2,120 (451) - 3,186 -
<br />Due to Other Governmental Units 408 (3,371) - - (2,963) -
<br />Compensated Absences Payable 2,843 4,711 - - 7,554 -
<br />Unearned Revenue 27,326 - - - 27,326 -
<br />Other Postemployment Benefits 1,228 1,635 410 - 3,273 -
<br />Net Pension Liability (3,878) (6,131) (1,326) (455) (11,790) -
<br />Deferred Inflows of Resources 14,654 23,171 5,014 1,720 44,559 -
<br />Net Cash Provided (Used) by Operating Activities 145,648$ 333,958$ 164,519$ 20,116$ 664,241$ 65,605$
<br />Business-Type Activities - Enterprise Funds
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