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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/service providers (395,711) (679,406) (127,061)
<br />Paid to employees (327,887) (144,794) 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)
<br />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 />(38,000) (32,000) (17,000)
<br />1,334,862 1,347246
<br />1296,862 1,315246 (17,000)
<br />3,543,431 2,287,417 (144,651)
<br />13,364,688 7,917,658 1214,904
<br />End of year $ 16,908,119 $ 10205,075 $ 1,070253
<br />Reconciliation of operating income (loss) to net cash
<br />flows from operating activities
<br />Operating income (loss) $ 767,021 $ 100,592 $ 12206
<br />Adjustments to reconcile operating income (loss)
<br />to net cash flows from operating activities
<br />Depreciation 623,186 460,839 41241
<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) 10251
<br />Unearned revenue — 4,900
<br />Due to other governmental units (9,377) 22,141 113
<br />Net pension liability 1 5,202 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
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