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City of Roseville, MinnesotaStatement 8
<br />STATEMENT OF CASH FLOWS (Page 1 of 1)
<br />PROPRIETARY FUNDS
<br />For the Fiscal Year Ended December 31, 2021
<br /> Business-type Activities - Enterprise FundsGovernmental
<br /> Activities -
<br />StormSolid WasteInternal
<br />Sanitary SewerWaterGolf CourseDrainageRecyclingTotalService Funds
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br /> Cash received from customers and users, including deposits $ 5,816,056 $ 7,246,648 $ 379,462$ 1,314,256 $ 590,551 $ 15,346,973$ 353,585
<br /> Cash payments to suppliers for goods and services (3,715,611) (5,943,179) (111,372) (434,594) (536,187) (10,740,943) (470,448)
<br /> Cash payments to employees (548,195) (610,339) (311,346) (458,055) (35,410) (1,963,345) 58,002
<br /> Other operating revenues - 1,372 75,124 571,695 145,503 793,694 -
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 1,552,250 694,502 31,868 993,302 164,457 3,436,379 (58,861)
<br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br /> Advance Repayment to Other Funds - - - - - -
<br /> -
<br /> Advance Repayment From Other Funds - - - - - -
<br /> -
<br /> Subsidy from governmental grants - 2,108 - 190,623 87,513 280,244 -
<br />NET CASH PROVIDED (USED) BY NONCAPITAL FINANCING ACTIVITIES - 2,108 - 190,623 87,513 280,244
<br /> -
<br />CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES
<br /> Purchase of capital assets (1,693,099) (1,278,575) - (3,983,944) - (6,955,618) -
<br /> Proceeds from Issuance of Bonds - - - - - -
<br /> -
<br /> Subsidy from governmental grants 274,096 - - 903,423 - 1,177,519 -
<br /> Interest paid on capital debt - (25,263) - - - (25,263) -
<br />
<br /> Proceeds from sale of capital assets - - - - - -
<br /> -
<br />NET CASH PROVIDED (USED) IN CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES (1,419,003) (1,303,838) - (3,080,521) - (5,803,362) -
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest received on investments 3,399 (159) 921 12,370 1,367 17,898 14,439
<br />Increase (Decrease) in Fair Value of Investments (11,368) - (1,710) (11,321) (4,979) (29,378)
<br /> (17,108)
<br />NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES (7,969) (159) (789) 1,049 (3,612) (11,480)
<br /> (2,669)
<br />NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 125,278 (607,387) 31,079 (1,895,547) 248,358 (2,098,219) (61,530)
<br />
<br />CASH AND CASH EQUIVALENTS, JANUARY 1 as restated 329,262 1,760,655 57,027 2,480,229 43,600 4,670,773 2,045,977
<br />CASH AND CASH EQUIVALENTS, DECEMBER 31 454,540 1,153,268 88,106 584,682 291,958 2,572,554 1,984,447
<br />RECONCILIATION OF OPERATING INCOME (LOSS) TO
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES
<br />Operating Income (Loss) 1,593,453 (131,873) (46,732) 1,155,535 178,711 2,749,094 (170,933)
<br />Adjustments to Reconcile Operating Income to
<br /> Net Cash Provided (Used) by Operating Activities
<br /> Depreciation 422,994 423,669 89,019 581,549 - 1,517,231 -
<br /> Pension related activity (25,164) (28,659) (11,184) (22,368) (2,096) (89,471) -
<br /> Changes in elements affecting cash:
<br /> (Increase) Decrease in Accounts receivable (55,859) 4,006 - (347,030) (29,086) (427,969) -
<br />
<br /> (Increase) Decrease in Special assessments (16,774) - - 4,215 - (12,559)
<br /> -
<br /> (Increase) Decrease in Due from other governmental units (274,096) - - (425,583) - (699,679)
<br /> -
<br /> (Increase) Decrease in Prepaid items 9,044 2,117 705 - - 11,866 -
<br />
<br /> Increase (Decrease) in Accounts payable (91,437) 347,131 (1,249) 37,782 16,495 308,722 4,828
<br /> Increase (Decrease) in Accrued payroll 1,106 325 795 2,274 289 4,789 -
<br />
<br /> Increase (Decrease) in Compensated absences (10,486) (5,865) 85 (3,210) - (19,476)
<br /> -
<br /> Increase (Decrease) in Contracts payable - - - 10,000 - 10,000
<br /> -
<br /> Increase (Decrease) in Customer deposits - 77,225 - - - 77,225
<br /> -
<br /> Increase (Decrease) in Due to other governmental units 684 7,388 936 1,100 144 10,252
<br /> -
<br /> Increase (Decrease) in Net other postemployment benefits obligation (1,215) (962) (507) (962) -
<br /> (3,646) -
<br /> Increase (Decrease) in Bonds payable - - - - - -
<br /> -
<br /> Increase (Decrease) in Insurance claim payable - - - - - -
<br /> 107,244
<br /> Total Adjustments (41,203) 826,375 78,600 (162,233) (14,254) 687,285 112,072
<br />
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 1,552,250 694,502 31,868 993,302 164,457 3,436,379 (58,861)
<br />NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES
<br /> Increase/(Decrease) in fair market value of investments$ (11,368)$ -$ (1,710)$ (11,321)$ (4,979)$ (29,378)$
<br /> (17,108)
<br />The notes to the financial statements are an integral part of this statement.
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