|
<br />---------
<br />CITY OF CENTERVILLE, MINNESOTA
<br /> STATEMENTS OF CASH FLOWS
<br /> PROPRIETARY FUNDS
<br />YEARS ENDED DECEMBER 31, 2006 AND 2005
<br /> Business-type Activities - Enterprise Funds
<br /> Water Sewer
<br /> 2006 2005 2006 2005
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />Receipts from customers and users $ 260,302 $ 233,083 $ 287,917 $ 282,696
<br />Payments to suppliers (149,949) (116,732) (206,004) (218,713)
<br />Payments to employees (61,350) (57,068) (63,497) (59,189)
<br />NET CASH PROVIDED (USED)
<br />BY OPERATING ACTIVITIES 49,003 59,283 18,416 4,794
<br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br />Transfers to other funds (40,000)
<br />Receipt on due from other funds 40,000
<br />Transfers from other funds 24,907 8,704
<br />NET CASH PROVIDED (USED)
<br />BY NONCAPITAL FINANCING ACTIVITIES 24,907 8,704
<br />CASH FLOWS FROM CAPITAL
<br />AND RELATED FINANCING ACTIVITIES
<br />Acquisition and construction of capital assets (23,292) (478,923) (21,765) (74,335)
<br />Hook up fees and unit charges 27,568 60,860 39,494 73,499
<br />Special assessments received 70,148 43,026 46,095 22,932
<br />Principal paid on bonds (177,000) (223,000)
<br />Interest paid on bonds (45) (8,596) (55) (8,596)
<br />NET CASH PROVIDED (USED) BY CAPITAL
<br />AND RELATED FINANCING ACTIVITIES 74,379 (560,633) 63,769 (209,500)
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest received on investments 15,496 22,346 79,914 65,030
<br />NET INCREASE (DECREASE)
<br />IN CASH AND TEMPORARY INVESTMENTS 138,878 (454,097) 162,099 (130,972)
<br />CASH AND TEMPORARY INVESTMENTS, JANUARY 1 402,634 856,731 2,025,827 2,156,799
<br />CASH AND TEMPORARY INVESTMENTS, DECEMBER 31 $ 541,512 $ 402,634 $ 2,187,926 $ 2,025,827
<br />
<br />The notes to the financial statements are an integral part of this statement.
<br />
<br />-18-
<br />
|