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CITY OF RAMSEY <br /> Statement of Cash Flows <br /> Proprietary Funds <br /> Year Ended December 31,2021 <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 $ 2,968,949 $ 1,746,288 $ 2181635 <br /> Receipts from interfund services provided — — — <br /> Paid to suppliers/service providers (520,896) (971,067) (132,898) <br /> Paid to employees (401,295) (199,689) — <br /> Net cash flows from operating activities 290469758 5751532 851737 <br /> Cash flows from capital and related financing activities <br /> Capital assets purchased and contributed to governmental activities — — — <br /> Capital contributions-connection fees 9131082 423,965 — <br /> Transfers(out) (207,180) (152,795) (23,000) <br /> Acquisition of capital assets (457,833) (52,216)Net cash flows from capital and related financing activities 248,069 218,954 (23,000) <br /> Cash flows from investing activities <br /> Interest and changes in fair value on investments (131,858) (65,897) (6,322) <br /> Cash flows from noncapital financing activities <br /> Transfers in 619853 — — <br /> Intergovernmental revenue 109054 260 — <br /> Repayment of advances to other funds 2655283 227,475 Net cash flows from noncapital financing activities 3371190 227,735 — <br /> Net increase(decrease)in cash and temporary <br /> investments/cash equivalents 2,5005159 956,324 56,415 <br /> Cash and temporary investments/cash equivalents <br /> Beginning of year 261136,791 12,3701277 1,202,183 <br /> End of year $2816365950 $1313261601 $ 112581598 <br /> Reconciliation of operating income(loss)to net cash <br /> flows from operating activities <br /> Operating income(loss) $ 112859116 $ 63,234 $ 431788 <br /> Adjustments to reconcile operating income(loss) <br /> to net cash flows from operating activities <br /> Depreciation 7791109 581,239 35,784 <br /> Change in assets,deferred inflows,liabilities and deferred outflows <br /> Receivables <br /> Delinquent and deferred special assessments (1,595) 161300 — <br /> Accounts (77,330) (26,720) (3,239) <br /> Due from other governmental units (9,600) — — <br /> Prepaids — (11,710) — <br /> Deferred outflows-pension plan deferments (119,392) (68,223) — <br /> Accounts payable 811980 610 10,010 <br /> Unearned revenue — (48,906) (490) <br /> Due to other governmental units 39707 %840 (116) <br /> Net pension liability (53,101) (30,341) — <br /> Deferred inflows-pension plan deferments 1571864 901209 — <br /> Net cash flow from operating activities $ 2,0465758 $ 575,532 $ 85,737 <br /> Noncash,investing,capital,and financing activities <br /> Contributions of capital assets from governmental funds $ 160,180 $ 111,795 $ — <br /> Contributions of capital assets from developers $ 8921511 $ 869,905 $ — <br /> See notes to basic financial statements <br /> 56 <br />