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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, 2024
<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 6,778,884$ 9,400,975$ 511,539$ 3,798,044$ $ 9 37,076$ 21,426,518$ 343,586
<br />
<br /> Cash payments to suppliers for goods and services (4,495,203) (8,762,765) (126,051) (662,850) (929,712) (14,976,581)
<br /> (653,947)
<br /> Cash payments to employees (431,892) (736,022) (415,533) (544,631) ( 82,404) (2,210,482) 11,747
<br /> Subsidy from governmental grants 29,074 16,498 - 15,904 7 9,983 141,459-
<br /> Other operating revenues2595,12866,2478,645 - 170,045-
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 1,880,888 13,814 36,202 2,615,112 4,943 4,550,959 (298,614)
<br />
<br />CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
<br /> Transfers In From Other Funds - 2,078,86477,406- - 2,156,270-
<br /> Transfers Out to Other Funds (1,437,158) - - - - (1,437,158)-
<br /> Advance Repayment to Other Funds - - - - - - -
<br /> Advance Repayment From Other Funds - - - - - - -
<br />NET CASH PROVIDED (USED) BY NONCAPITAL FINANCING ACTIVITIES (1,437,158) 2,078,864 77,406 - - 719,112
<br /> -
<br />CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES
<br /> Purchase of capital assets (1,487,154) (108,015) (77,406) (1,824,127) - (3,496,702) -
<br />
<br /> Subsidy from governmental grants 341,790 - - - - 341,790
<br /> -
<br /> Lease - GASB 87 (18,762) (20,669) (10,675) (18,762) (68,868) -
<br /> Interest paid on capital debt - (31,250) - - - (31,250)
<br /> -
<br /> Bond Payment- (245,000)- - - (245,000)-
<br /> Proceeds from sale of capital assets 1,300 11,965 550 133,100 - 146,915
<br /> -
<br />NET CASH PROVIDED (USED) IN CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES (1,162,826) (392,969) (87,531) (1,709,789) - (3,353,115) -
<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br />Interest received on investments 103,595 27,299 2,884 77,171 11,643 222,592 29,864
<br />Increase (Decrease) in Fair Value of Investments 75,924 (89,856) (735) (31,574) 3,820 (42,421)
<br /> 30,148
<br />NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES 179,519 (62,557) 2,149 45,597 15,463 180,171
<br /> 60,012
<br />NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (539,577) 1,637,152 28,226 950,920 20,406 2,097,127
<br /> (238,602)
<br />CASH AND CASH EQUIVALENTS, JANUARY 1 3,780,483 837,986 88,068 2,266,973 442,889 7,416,399 1,398,604
<br />CASH AND CASH EQUIVALENTS, DECEMBER 313,240,9062,475,138 3,217,893116,294 463,295 1,160,0029,513,526
<br />RECONCILIATION OF OPERATING INCOME (LOSS) TO
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES
<br />Operating Income (Loss)1,428,782 519,906 (88,659) 1,992,517 (9,352) 3,843,194 (173,612)
<br />Adjustments to Reconcile Operating Income to
<br /> Net Cash Provided (Used) by Operating Activities
<br /> Depreciation527,126 500,022 93,117 690,269 - 1,810,534 -
<br /> Pension related activity (152,158) (85,757) 26,552 (21,140) (1,061)(233,564)-
<br /> Changes in elements affecting cash:
<br /> (Increase) Decrease in Accounts receivable 251,615525,403 915 (49,379) 24,060 752,614-
<br /> (Increase) Decrease in Special assessments (22,611)- - 4,105 - (18,506)-
<br /> (Increase) Decrease in Due from other governmental units 2,976 (6,329) - 14,391 (79,983)(68,945)-
<br />
<br /> (Increase) Decrease in Prepaid items(15,050) - - 1,896 ( 1,870)(15,024)-
<br /> Increase (Decrease) in Accounts payable (192,657) 33,428 (6,662) (39,366) 7 2,058 (133,199)
<br /> (21,714)
<br /> Increase (Decrease) in Accrued payroll 12,705 21,57612,507 15,907 2 ,814 65,509 -
<br />
<br /> Increase (Decrease) in Compensated absences (1,950) 8,054 2,330 1,760 - 10,194
<br /> -
<br /> Increase (Decrease) in Contracts payable 46,512 - - 11,853 - 58,365
<br /> -
<br /> Increase (Decrease) in Customer deposits - (1,478,902) - - - (1,478,902)
<br /> -
<br /> Increase (Decrease) in Due to other governmental units (7,192) (25,518) (5,399) (10,062) (1,723)(49,894)-
<br /> Increase (Decrease) in Net other postemployment benefits obligation 2,790 1,931 1,501 2,361 -
<br /> 8,583 -
<br /> Increase (Decrease) in Insurance claim payable - - - - -
<br /> - (103,288)
<br /> Total Adjustments 452,106 (506,092) 124,861 622,595 14,295 707,765 (125,002)
<br />
<br />NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES$ 1,880,888$ 36,20213,814$ 2,615,112$ $ 4,550,9594,943$ (298,614)$
<br />
<br />NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES
<br /> Increase/(Decrease) in fair value of investments75,924$ (89,856)$ (735)$ (31,574)$ $ 3,820$ (42,421)$
<br /> 30,148
<br />The notes to the financial statements are an integral part of this statement.
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