|
CITY OF LA PORTE
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />For the Year Ended September 30, 2011
<br />Business-type Activities
<br />Other
<br />Enterprise
<br />Utility FundLPAWAFunds
<br />Cash Flows from Operating Activities
<br />Receipts from customers and users8,408,262$ 1,196,894$ 56,429$
<br />Disbursed for personnel services(3,127,422) - -
<br />Disbursed for goods and services(3,004,045) (1,135,279) (24,671)
<br />Net cash provided (used) by operating activities
<br /> 61,6152,276,795 31,758
<br />Cash Flows from Noncapital Financing Activities
<br />Transfers from other funds- - -
<br />Transfers to other funds(499,629) (1,305) (2,144,321)
<br />Net cash provided by (used by) noncapital financing activities
<br /> (1,305)(499,629) (2,144,321)
<br />Cash Flows from Captial and Related Financing Activities
<br />Proceeds from the sale of equipment- - -
<br />Disposition of assets to governmental activities- - 2,868,809
<br />Disposition of liabilities to governmental activities- - (696,871)
<br />Capital grants and contributions620,464 - -
<br />Principal payments on debt(262,500) (604,356) -
<br />Interest paid on debt(53,996) (113,444) -
<br />Acquisition and construction of capital assets, net of dispositions(1,506,907) - (53,255)
<br />Payments received from participants for debt service- 689,796 -
<br />Payments received from participants for capital recovery - 101,639 -
<br />Net cash used by capital and related financing activities
<br /> 73,635(1,202,939) 2,118,683
<br />Cash Flows from Investing Activities
<br />Purchase of investments(328,675) (108,199) (31,805)
<br />Interest received6,508 24,876 1,031
<br />Net cash provided by (used by) investing activities
<br /> (83,323)(322,167) (30,774)
<br />Net increase in cash and equivalents252,060 50,622 (24,654)
<br />Cash and equivalents, beginning of year
<br /> 1,261,4881,182,011 256,696
<br />Cash and equivalents, at end of year
<br />$ 1,312,1101,434,071$ 232,042$
<br />
<br />Unrestricted cash and equivalents929,879$ 622,948$ 232,042$
<br />Restricted cash and equivalents504,192 689,162 -
<br />$ 1,312,1101,434,071$ 232,042$
<br />Reconciliation of operating income to net cash provided by
<br /> operating activities
<br />Operating income (loss)179,848$ (306,318)$ (137,963)$
<br />Adjustments to reconcile operating income to net cash provided by
<br /> operating activities:
<br />Depreciation1,924,447 460,877 166,403
<br />(Increase) decrease in accounts receivable(157,848) (49,292) -
<br />(Increase) decrease in inventory- - -
<br />(Increase) decrease in prepaid expenses- 11,001 -
<br />Increase (decrease) in accounts payable45,194 (54,653) 3,318
<br />Increase (decrease) in salaries payable17,869 - -
<br />Increase (decrease) in other current liabilities5,605 - -
<br />Increase (decrease) in customer utility deposits3,332 - -
<br />Increase (decrease) in compensated absences3,692 - -
<br />Increase (decrease) in net pension and OPEB obligation 254,656 - -
<br />Net cash provided by operating activities
<br />$ 61,6152,276,795$ 31,758$
<br />
<br />See Notes to Financial Statements.
<br />26
<br />
<br />
|