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CITY OF RAMSEY <br /> Statement of Cash Flows <br /> Proprietary Funds <br /> Year Ended December 31,2015 <br /> Business-Type Activities—Enterprise Funds <br /> Street Light <br /> Water Utility Sewer Utility Utility <br /> Cash flows from operating activities <br /> Receipts from customers and users $ 2,048,711 $ 1,424,100 $ 195,555 <br /> Receipts from interfund services provided — — — <br /> Paid to suppliers/serviceproviders (395,711) (679,406) (127,061) <br /> Paid to employees (327,887) (144,794) - <br /> Net cash flows from operating activities 1,325,113 599,900 68,494 <br /> Cash flows from capital and related financing activities <br /> Capital contributions 710,833 278,702 15,600 <br /> Acquisition of capital assets — (45,105) (227,497) <br /> Net cash flows from capital and related financing activities 710,833 233,597 (211,897) <br /> Cash flows from investing activities <br /> Interest received on investments 210,623 138,674 15,752 <br /> Cash flows from noncapital financing activities <br /> Intergovernmental revenue — — — <br /> Transfers(out) (38,000) (32,000) (17,000) <br /> Advances to other funds 1,334,862 1,347,246 <br /> Net cash flows from noncapital financing activities 1,296,862 1,315,246 (17,000) <br /> Net increase(decrease)in cash and temporary <br /> investments/cash equivalents 3,543,431 2,287,417 (144,651) <br /> Cash and temporary investments/cash equivalents <br /> Beginning of year 13,364,688 7,917,658 1,214,904 <br /> End of year $ 16,908,119 $ 10,205,075 $ 1,070,253 <br /> Reconciliation of operating income(loss)to net cash <br /> flows from operating activities <br /> Operating income(loss) $ 767,021 $ 100,592 $ 12,206 <br /> Adjustments to reconcile operating income(loss) <br /> to net cash flows from operating activities <br /> Depreciation 623,186 460,839 41,241 <br /> Change in assets,deferred inflows,liabilities and deferred outflows <br /> Receivables <br /> Deferred special assessments 23,825 23,825 — <br /> Accounts (20,339) 8,174 (217) <br /> Prepaids — (9,546) — <br /> Deferred outflows-pension plan deferment (21,364) (9,348) — <br /> Accounts payable (67,041) (9,554) 10,251 <br /> Unearned revenue 4,900 <br /> Due to other governmental units (9,377) 22,141 113 <br /> Net pension liability 15,202 6,651 <br /> Deferred inflows-pension plan deferment 14,000 6,126 — <br /> Net cash flow from operating activities $ 1,325,113 $ 599,900 $ 68,494 <br /> See notes to basic financial statements <br /> 56 <br />