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CITY OF RAMSEY
<br />Statement of Cash Flows
<br />Proprietary Funds
<br />Year Ended December 31, 2019
<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 $ 2,135,178 $ 1,666,431 $ 211,232
<br />Receipts from interfund services provided — — —
<br />Paid to suppliers/service providers (393,208) (922,187) (131,729)
<br />Paid to employees (359,272) (181,855) Net cash flows from operating activities 1,382,698 562,389 79,503
<br />Cash flows from capital and related financing activities
<br />Capital assets purchased and contributed to governmental activities — —
<br />Connection fees 839,858 216,093
<br />Acquisition of capital assets (343,328) (349,491)
<br />Net cash flows from capital and related financing activities 496,530 (133,398)
<br />Cash flows from investing activities
<br />Interest received on investments 851,294 477,797 44,339
<br />Cash flows from noncapital financing activities
<br />Transfers in
<br />Transfers (out) (43,000) (37,000) (21,000)
<br />lntergovernmental revenue 478 273
<br />Repayment of advances to other funds 36,341 Net cash flows from noncapital financing activities (6,181) (36,727) (21,000)
<br />Net increase (decrease) in cash and temporary
<br />investments/cash equivalents 2,724,341 870,061 102,842
<br />Cash and temporary investments/cash equivalents
<br />Beginning of year 23,762,740 13,631,962 1,248,170
<br />End of year $ 26,487,081 $ 14,502,023 $ 1,351,012
<br />Reconciliation of operating income (loss) to net cash
<br />flows from operating activities
<br />Operating income (loss) $ 657,046 $ 43,233 $ 45,550
<br />Adjustments to reconcile operating income (loss)
<br />to net cash flows from operating activities
<br />Depreciation 727,864 528,995 40,008
<br />Change in assets, deferred inflows, liabilities and deferred outflows
<br />Receivables
<br />Delinquent and deferred special assessments (8,879) 7,410
<br />Accounts 5,848 (13,771) (1,135)
<br />Due from other governmental units — — —
<br />Prepaids (650) (6,074) —
<br />Deferred outflows - pension plan deferment 23,091 13,195 —
<br />Accounts payable (7,757) 3,044 (57)
<br />Unearned revenue — 720 (4,802)
<br />Due to other governmental units 2,661 (4,920) (61)
<br />Net pension liability 467 267
<br />Deferred inflows - pension plan deferment (16,993) (9,710)
<br />Net cash flow from operating activities $ 1,382,698 $ 562,389 $ 79,503
<br />Noncash, investing, capital, and financing activities
<br />Contributions of capital assets from developers
<br />See notes to basic financial statements
<br />$ 777,313 $ 465,791 $
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