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CITY OF RAMSEY <br />Statement of Cash Flows <br />Proprietary Funds <br />Year Ended December 31, 2022 <br />Cash flows from operating activities <br />Receipts from customers and users <br />Receipts from interfund services provided <br />Paid to suppliers/service providers <br />Paid to employees <br />Net cash flows from operating activities <br />Cash flows from capital and related financing activities <br />Capital assets purchased and contributed to governmental activities <br />Capital contributions - connection fees <br />Acquisition of capital assets <br />Net cash flows from capital and related financing activities <br />Cash flows from investing activities <br />Interest and changes in fair value on investments <br />Cash flow s from noncapital financing activities <br />Transfers in <br />Transfers (out) <br />Intergovernmental revenue <br />Repayment of advances to other funds <br />Net cash flows from noncapital financing activities <br />Net increase (decrease) in cash and temporary <br />investments/cash equivalents <br />Cash and temporary investments/cash equivalents <br />Beginning of year <br />Business -Type Activities — Enterprise Funds <br />Street Light <br />Water Utility Sewer Utility Utility <br />$ 2,927.644 $ 1,825,144 $ 227,365 <br />(692,129) (1,150,304) (139,813) <br />(419,877) (194.142) — <br />1,815,638 <br />841,673 <br />(1,666,424) <br />480,698 87,552 <br />304,880 <br />(1,182,355) <br />(824,751) (877,475) <br />(3,561,789) (1,331,238) (11,160) <br />61,853 <br />(49,000) <br />1,465 <br />38,566 <br />52,884 <br />(43,000) (25,000) <br />837 — <br />(42,163) (25,000) <br />(2,518,018) (1,770,178) 51,392 <br />28,636.950 13,326,601 1,258,598 <br />End of year $ 26,1 18,932 $ 11,556.423 $ 1,309,990 <br />Reconciliation of operating income (loss) to net cash <br />flows from operating activities <br />Operating income (loss) $ 1,066,787 $ (70,399) $ 57,627 <br />Adjustments to reconcile operating income (loss) <br />to net cash flows from operating activities <br />Depreciation 824,966 630,059 32,886 <br />Change in assets, deferred inflows, liabilities and deferred outflows <br />Receivables <br />Delinquent and deferred special assessments (31,228) (29,302) — <br />Accounts (13,291) (22,511) (3,027) <br />Due from other governmental units 9,600 — <br />Prepaids — (12,450) — <br />Deferred outflows - pension plan deferments 39,972 22,841 — <br />Accounts payable (67,735) 3,769 67 <br />Unearned revenue — — <br />Due to other governmental units (1,419) (34,442) (1) <br />Net pension liability 149,865 85,636 <br />Deferred inflows - pension plan deferments (161,879) (92,503) <br />Net cash flow from operating activities $ 1,815,638 $ 480,698 $ 87,552 <br />Noncash, investing, capital, and financing activities <br />Contributions of capital assets from developers $ 1,216,906 $ 1,223,241 $ <br />See notes to basic financial statements <br />56 <br />