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2025 Financial Statements
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2025 Financial Statements
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7/27/2026 2:36:53 PM
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7/27/2026 2:35:31 PM
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Financial/Accounting
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FIN 02620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE <br />Statement of Cash Flows <br />Proprietary Funds <br />Year Ended December 31, 2025 <br />Cash flows from operating activities <br />Receipts from customers and users <br />Payments to vendors <br />Net cash flows from operating activities <br />Cash flows from capital and related financing activities <br />Acquisition and construction of capital assets <br />Cash flows from noncapital and related <br />financing activities <br />Cash received from (paid to) other funds <br />Cash flows from investing activities <br />Interest received (charged) <br />Net change in cash and cash equivalents <br />Cash and cash equivalents —beginning <br />Cash and cash equivalents — ending <br />Reconciliation of operating income (loss) to net cash <br />flows from operating activities <br />Operating income (loss) <br />Adjustments to reconcile operating income (loss) <br />to net cash flows from operating activities <br />Depreciation <br />Decrease (increase) in <br />Accounts receivable <br />Special assessments receivable <br />Increase (decrease)in <br />Accounts payable <br />Due to other governments <br />Net cash flows from operating activities <br />See notes to basic financial statements -17- <br />Business -Type Activities —Enterprise Funds <br />Water Sewer Total <br />$ 46,001 $ 69,255 $ 115,256 <br />(17,255) (79,567) (96,822) <br />28,746 (10,312) 18,434 <br />(55,794) — (55,794) <br />28,332 (28,332) — <br />(3,057) <br />22,966 <br />19,909 <br />(1,773) <br />(15,678) <br />(17,451) <br />1,773 <br />465,898 <br />467,671 <br />$ — <br />$ 450.220 <br />$ 450,220 <br />$ 12,397 <br />$ (21,365) <br />$ (8,968) <br />15,510 <br />16,379 <br />31,889 <br />(3,787) <br />(1,778) <br />(5,565) <br />— <br />(7,161) <br />(7,161) <br />4,102 <br />3,417 <br />7,519 <br />524 <br />196 <br />720 <br />$ 28,746 <br />$ (10,312) <br />$ 18,434 <br />
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