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CITY OF LA PORTE
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />For the Year Ended September 30, 2014
<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 users8,070,627$ 1,184,749$ 56,131$ 9,311,507$ 8,185,741$
<br />Disbursed for personnel services(3,076,778) - (23,611) (3,100,389) (813,044)
<br />Disbursed for goods and services(3,577,064) (912,512) (39,151) (4,528,727) (6,865,317)
<br />Net cash provided (used) by operating activities
<br /> 272,2371,416,785 (6,631) 1,682,391 507,380
<br />Cash Flows from Noncapital Financing Activities
<br />Transfers from other funds1,147,501 - 385 1,147,886 491,531
<br />Transfers to other funds(709,685) (66,644) (518) (776,847) (13,236)
<br />Operating grants and contributions- - 16,383
<br /> - -
<br />Net cash provided by (used by) noncapital
<br /> financing activities
<br /> 437,816 (66,644) (133) 371,039 494,678
<br />Cash Flows from Capital and Related
<br /> Financing Activities
<br />Proceeds from the sale of equipment - - 31,955
<br /> - -
<br />Capital grants and contributions 341,040 - 341,040
<br /> - -
<br />Principal payments on debt (262,500) (630,000) - (892,500)
<br /> -
<br />Interest paid on debt (24,544) (58,650) - (83,194)
<br /> -
<br />Acquisition and construction of capital
<br /> assets, net of dispositions
<br /> (751,272) - (751,272)(2,429,484)
<br /> -
<br />Capital contributions from participants for debt service - 688,650 - 688,650
<br /> -
<br />Capital contributions from participants for capital recovery -96,087 96,087
<br /> - -
<br />Net cash used by capital and related financing activities
<br /> (697,276) 96,087 - (601,189)(2,397,529)
<br /> -
<br />Cash Flows from Investing Activities -
<br />Purchase of investments (551,846) (343,835)(33,843) (929,524) (63,983)
<br />Sale of investments - 4,901
<br /> - -
<br />Interest received 3,176 4,854 8,623 9,616
<br /> 5 93
<br />Net cash provided by (used by) investing activities
<br /> (548,670) (338,981)(33,250) (920,901) (49,466)
<br />Net increase in cash and equivalents 608,655 (37,301)(40,014) 531,340(1,444,937)
<br />Cash and equivalents, beginning of year
<br /> 864,380 1,583,631263,179 2,711,190 4,395,908
<br />Cash and equivalents, at end of year
<br />$ 1,473,035$ 1,546,330$223,165$ 3,242,530$ 2,950,971
<br />
<br />Unrestricted cash and equivalents$ 932,300$ 856,608$ 2,012,073$ 2,950,971
<br />$ 2 23,165
<br />Restricted cash and equivalents 540,735 689,722 1,230,457-
<br /> -
<br />$ 1,473,035$ 1,546,330$223,165$ 3,242,530$ 2,950,971
<br />
<br />Reconciliation of operating income to net cash
<br />
<br /> provided by operating activities
<br />
<br />Operating income (loss)$ (1,371,426)$ (149,603)$(173,445)$ (1,694,474)$ (665,360)
<br />Adjustments to reconcile operating income to net
<br /> cash provided by operating activities:
<br />
<br />Depreciation2,164,844 465,000 2,797,578 1,072,824
<br /> 1 67,734
<br />(Increase) decrease in accounts receivable317,694 (11,137)(27) 306,530 (7,207)
<br />(Increase) decrease in inventory (2,400) - (2,400) (1,094)
<br /> -
<br />(Increase) decrease in prepaid expenses - - 94,765
<br /> - -
<br />Increase (decrease) in accounts payable47,956 (32,023)(1,220) 14,713 6,598
<br />Increase (decrease) in salaries payable11,832- 12,139 55
<br /> 3 07
<br />Increase (decrease) in other current liabilities16,329 - 16,349 6,054
<br />Increase (decrease) in other current liabilities 3/5/2015 16,329-
<br />16,329
<br />Increase (decrease) in other current liabilities
<br /> 222 000
<br />Increase (decrease) in due to/due from other funds - 745
<br />Increase (decrease) in due to/due from other fundsIncrease (decrease) in due to/due from other funds
<br />--
<br /> -- --- -
<br />Increase (decrease) in customer utility deposits20,868 - 20,868
<br />Increase (decrease) in customer utility depositsIncrease (decrease) in customer utility deposits
<br />20,86820,868
<br />--
<br /> --- -
<br />Increase (decrease) in compensated absences1,722 - 1,722
<br />Increase (decrease) in compensated absencesIncrease (decrease) in compensated absences1,7221,722
<br />--
<br />
<br /> -- -
<br />Increase (decrease) in net pension and OPEB obligation 209,366 - 209,366
<br />Increase (decrease) in net pension and OPEB obligation Increase (decrease) in net pension and OPEB obligation
<br />209,366209,366
<br /> - -
<br />Net cash provided by operating activities
<br />$ 1,416,785$ 272,237$(6,631)$ 1,682,391$ 507,380
<br />
<br />
<br />See Notes to Financial Statements.
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