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CITY OF RAMSEY
<br />Statement of Cash Flows
<br />Proprietary Funds
<br />Year Ended December 31, 2017
<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 $ 2,741,953 $ 1,738,770 $ 204,446
<br />Receipts from interfund services provided
<br />Paid to suppliers/service providers (201,325) (633,635) (116,179)
<br />Paid to employees (323,092) (164,664)
<br />Net cash flows from operating activities 2,217,536 940,471 88,267
<br />Cash flows from capital and related financing activities
<br />Acquisition of capital assets (555,443) (620,089) (33,921)
<br />Cash flows from investing activities
<br />Interest received on investments 281,730 171,916 16,019
<br />Cash flows from noncapital financing activities
<br />Intergovernmental revenue 27,207
<br />Transfers (out) (40,000) (34,000) (19,000)
<br />Repayment of advances to other funds 276,434 289,319
<br />Net cash flows from noncapital financing activities 236,434 282,526 (19,000)
<br />Net increase (decrease) in cash and temporary
<br />investments/cash equivalents 2,180,257 774,824 51,365
<br />Cash and temporary investments/cash equivalents
<br />Beginning of year 18,470,981 10,803,291 1,111,803
<br />End of year $ 20,651,238 $ 11,578,115 $ 1,163,168
<br />Reconciliation of operating income (loss) to net cash
<br />flows from operating activities
<br />Operating income (loss) $ 1,375,982 $ 249,091 $ 45,040
<br />Adjustments to reconcile operating income (loss)
<br />to net cash flows from operating activities
<br />Depreciation 681,759 499,582 40,554
<br />Change in assets, deferred inflows, liabilities and deferred outflows
<br />Receivables
<br />Delinquent and deferred special assessments (22,573) (42,443)
<br />Accounts (7,477) (23,412) (1,344)
<br />Due from other governmental units
<br />Prepaids - (134)
<br />Deferred outflows - pension plan deferment 30,571 13,587 -
<br />Accounts payable 173,475 279,363 2,642
<br />Unearned revenue 19,870 1,372
<br />Due to other governmental units 2,421 (47,645) 3
<br />Net pension liability (27,322) (12,143)
<br />Deferred inflows - pension plan deferment 10,700 4,755
<br />Net cash flow from operating activities $ 2,217,536 $ 940,471 $ 88,267
<br />Noncash, investing, capital, and financing activities
<br />Contributions of capital assets from developers $ 726,667 $ 459,305 $
<br />See notes to basic financial statements
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