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CITY OF RAMSEY <br />Statement of Cash Flows <br />Proprietary Funds <br />Year Ended December 31, 2025 <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 $ 3,670,898 $ 2,566,334 $ 253,467 <br />Receipts from interfund services provided — — — <br />Paid to suppliers/service providers (669,711) (1,472,922) (174,614) <br />Paid to employees (587,473) (352,108) Net cash flows from operating activities 2,413,714 741,304 78,853 <br />Cash flows from capital and related financing activities <br />Capital assets purchased and contributed to governmental activities <br />Capital contributions - connection fees <br />Capital contributions - capital grants <br />Acquisition of capital assets <br />Proceeds from sale of capital assets <br />Net cash flows from capital and related financing activities <br />889,637 176,314 <br />393,391 <br />(11,813,858) (620,418) <br />26,600 <br />(10,530,830) (417,504) <br />Cash flows from investing activities <br />Interest and changes in fair value on investments 1,480,054 <br />Cash flows from noncapital financing activities <br />Transfers in <br />Transfers (out) <br />Intergovernmental revenue <br />Advances repaid from 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 />81,172 <br />(59,000) <br />40,926 <br />63,098 <br />576,107 67,188 <br />16,718 6,437 <br />(53,000) (31,000) <br />(36,282) (24,563) <br />(6,573,964) 863,625 121,478 <br />18,621,641 5,843,398 1,578,252 <br />End of year $ 12,047,677 $ 6,707,023 $ 1,699,730 <br />Reconciliation of operating income (loss) to net cash <br />flows from operating activities <br />Operating income (loss) $ 1,249,772 $ 90,572 $ 41,586 <br />Adjustments to reconcile operating income (loss) <br />to net cash flows from operating activities <br />Depreciation 1,074,471 750,634 30,651 <br />Change in assets, deferred inflows, liabilities and deferred outflows <br />Receivables <br />Delinquent and deferred special assessments 1,819 7,765 <br />Accounts (45,624) (19,447) (6,597) <br />Due from other governmental units 104,035 <br />Prepaids 925 (10,084) <br />Deferred outflows - pension plan deferments (17,901) (10,229) <br />Accounts payable and contracts payable 43,402 (1,764) 10,867 <br />Unearned revenue — 17,395 2,352 <br />Due to other governmental units 15,543 (76,264) (6) <br />Net pension liability (3,919) (2,240) <br />Deferred inflows - pension plan deferments (8,809) (5,034) <br />Net cash flow from operating activities <br />Noncash, investing, capital, and financing activities <br />Contributions of capital assets from developers <br />Change in capital assets purchased on account <br />See notes to basic financial statements <br />$ 2,413,714 $ 741,304 $ 78,853 <br />$ 1,492,959 $ 1,925,282 $ <br />$ (90,169) $ (2,219) $ <br />