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CITY OF LA PORTE
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />For the Year Ended September 30, 2012
<br />Governmental
<br />Business-type ActivitiesActivities
<br />Total
<br />Enterprise Internal Service
<br />Utility FundLPAWAAirportFundsFund
<br />Cash Flows from Operating Activities
<br />Receipts from customers and users8,439,215$ 1,327,476$ 56,621$ 9,823,312$ 6,536,344$
<br />Disbursed for personnel services(3,029,325) - (17,102) (3,046,427) (861,842)
<br />Disbursed for goods and services(3,079,417) (1,200,595) (30,415) (4,310,427) (5,653,270)
<br />Net cash provided (used) by operating activities
<br /> 126,8812,330,473 9,104 2,466,458 21,232
<br /> -
<br />Cash Flows from Noncapital Financing Activities
<br /> -
<br />Transfers from other funds21,000 - 777 21,777 478,341
<br />Transfers to other funds(354,511) - (518) (355,029) (34,236)
<br />Net cash rovided b (used b) noncaital
<br />pyyp
<br /> financing activities
<br /> -(333,511) 259 (333,252) 444,105
<br />Cash Flows from Capital and Related
<br /> Financing Activities
<br />Capital grants and contributions106,189 - - 106,189 -
<br />Principal payments on debt(262,500) (624,361) - (886,861) -
<br />Interest paid on debt(43,660) (79,790) - (123,450) -
<br />Acquisition and construction of capital
<br /> assets, net of dispositions
<br /> -(1,677,642) - (1,677,642) (1,231,690)
<br />Payments received from participants for debt service- 693,142 - 693,142 -
<br />Payments received from participants for capital recovery - 59,100- 59,100 -
<br />Net cash used by capital and related financing activities
<br /> 48,091(1,877,613) - (1,829,522) (1,068,337)
<br /> -
<br />Cash Flows from Investing Activities
<br /> -
<br />Sale of investments168,403 139,700 30,326 338,429 762,148
<br />Interest received5,326 5,508 740 11,574 13,653
<br />Net cash provided by (used by) investing activities
<br /> 145,208173,729 31,066 350,003 775,801
<br /> -
<br />Net increase in cash and equivalents293,078 320,180 40,429 653,687 172,801
<br />Cash and equivalents, beginning of year
<br /> 1,312,1101,434,071 232,042 2,978,223 4,426,983
<br />Cash and equivalents, at end of year
<br />$ 4,599,784$
<br />$ 1,632,2901,727,149$ 272,471$ 3,631,910
<br />
<br />Unrestricted cash and equivalents1,218,572$ 937,091$ 272,471$ 2,428,134$ 4,599,784$
<br />Restricted cash and equivalents508,577 695,199 - 1,203,776 -
<br />$ 1,632,2901,727,149$ 272,471$ 3,631,910$ 4,599,784$
<br />
<br />Reconciliation of operating income to net cash
<br />
<br /> provided by operating activities
<br />
<br />Operating income (loss)(286,375)$ (543,728)$ (154,360)$ (984,463)$ (746,647)$
<br />Adjustments to reconcile operating income to net
<br /> cash provided by operating activities:
<br />
<br />Depreciation2,022,463 462,938 167,734 2,653,135 878,534
<br />(Increase) decrease in accounts receivable55,460 32,997 (2,342) 86,115 (629)
<br />(Increase) decrease in inventory- - - - 1,266
<br />(Increase) decrease in prepaid expenses- 11,001 - 11,001 (74,448)
<br />Increase (decrease) in accounts payable336,257 163,673 (2,117) 497,813 (28,730)
<br />Increase (decrease) in salaries payable(7,917) - - (7,917) (3,345)
<br />Increase (decrease) in other current liabilities(375) - 189 (186) (5,398)
<br />Increase (decrease) in deferred revenue- - - - 629
<br />Increase (decrease) in customer utility deposits6,185 - - 6,185 -
<br />Increase (decrease) in compensated absences(14,711) - - (14,711) -
<br /> - 219,486 -
<br />Increase (decrease) in net pension and OPEB obligation 219,486 -
<br />Net cash provided by operating activities
<br />$ 126,8812,330,473$ 9,104$ 2,466,458$ 21,232$
<br />
<br />See Notes to Financial Statements.
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