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CITY OF REDWOOD CITY,CALIFORNIA 6.1.E. - Page 60
<br /> PROPRIETARY FUNDS
<br /> COMBINING STATEMENT OF CASH FLOWS
<br /> INCREASE(DECREASE)IN CASH AND CASH EQUIVALENTS
<br /> FOR THE FISCAL YEAR ENDED JUNE 30,2015
<br /> Governmental
<br /> Water Sewer Non-Major Activities-
<br /> Utility Utility Parking Port of Docktown Internal Service
<br /> Fund Fund Fund Redwood City Marina Totals Funds
<br /> Cash flows from operating activities: $ $ $ $ $ $ $
<br /> Cash received from customers 35,242,771 31,661,295 2,025,225 6,765,380 706,103 76,400,774
<br /> Cash received from interfund services provided 25,291,761
<br /> Cash payments to suppliers for goods and services (16,857,303) (18,033,949) (1,083,333) (3,334,061) (515,326) (39,823,972) (15,005,185)
<br /> Cash payments to employees for services (5,251,163) (2,533,086) (1,254,762) (1,385,338) (226,609) (10,650,958) (9,048,981)
<br /> Right of way compensation (2,262,500) (1,865,119) (42,000) (4,169,619)
<br /> Net cash provided by(used in)operating activities 10,871,805 9,229,141 (354,870) 2,045,981 (35,832) 21,756,225 1,237,595
<br /> Cash flows from noncapital financing activities:
<br /> Insurance recovery 1,274 1,262 2,536 14,257
<br /> Property taxes 123,954 123,954
<br /> Transfers in 22,230 22,230 2,200,000
<br /> Transfers out (14,722)
<br /> Advances to other funds 300,000
<br /> Advances from other funds (300,000) (300,000)
<br /> Contributions 23,506
<br /> Other 3,556 3,556
<br /> Net cash provided by(used in)noncapital financing activities (298,726) 125,216 3,556 22,230 (147,724) 2,523,041
<br /> Cash flows from capital and related financing activities:
<br /> Acquisition and construction of capital assets (1,967,124) (3,611,025) (2,369,581) (7,947,730) (834,446)
<br /> Contributions 1,095,049 58,296 1,153,345 42,527
<br /> Proceeds from bond issuance 350,247 6,917,625 7,267,872
<br /> Principal retirements (1,905,000) (8,535,285) (10,440,285)
<br /> Interest paid (2,943,480) (804,985) (3,748,465)
<br /> Proceeds from sale of capital assets 42,784
<br /> Net cash used in capital and related financing activities (5,370,308) (3,552,729) (4,792,226) (13,715,263) (749,135)
<br /> Cash flows from investing activities:
<br /> Interest on investments 287,806 177,602 74,191 47,561 415 587,575 268,792
<br /> Net cash provided by investing activities 287,806 177,602 74,191 47,561 415 587,575 268,792
<br /> Net increase(decrease)in cash and cash equivalents 5,490,577 5,854,014 (155,463) (2,695,128) (13,187) 8,480,813 3,280,293
<br /> Cash and cash equivalents at beginning of year 28,276,094 21,643,469 10,811,231 18,512,314 46,542 79,289,650 29,527,827
<br /> Cash and cash equivalents at end of year 33,766,671 27,497,483 10,655,768 15,817,186 33,355 87,770,463 32,808,120
<br /> Cash and cash equivalents:
<br /> Cash and investments available for operations 28,274,204 27,497,483 10,655,768 14,763,895 33,355 81,224,705 32,808,120
<br /> Cash and investments,restricted 5,492,467 1,053,291 6,545,758
<br /> Total cash and cash equivalents 33,766,671 27,497,483 10,655,768 15,817,186 33,355 87,770,463 32,808,120
<br /> Reconciliation of Net Cash Flow from Operating Activities
<br /> Operating income(loss) 6,643,741 10,481,200 (896,281) 2,276,483 (82,096) 18,423,047 (1,789,385)
<br /> Adjustments to reconcile operating income to net cash
<br /> provided by operating activities:
<br /> Depreciation and amortization 2,961,709 581,078 579,103 1,008,924 32,258 5,163,072 1,224,560
<br /> Change in assets and liabilities:
<br /> Decrease(increase)in accounts receivable 441,292 (3,796) 5,264 (183,686) 24,988 284,062 (407,297)
<br /> Decrease(increase)in due from other governmental agencies (566,286) (897,214) 227,023 (1,236,477) 33,283
<br /> Decrease(increase)in inventory/prepaid expenses/deposits 3,370 (883,821) 30,871 (6,739) (856,319) (366,523)
<br /> Increase(decrease)in vacation&sick leave payable 39,675 40,502 (20,574) (6,959) 52,644 63,120
<br /> Increase(decrease)in accounts payable 1,163,198 (10,702) (25,872) (1,265,114) (10,103) (148,593) 357,251
<br /> Increase(decrease)in customer deposits 16,784 1,920 2,145 5,089 25,938 (42,527)
<br /> Increase(decrease)in unearned revenue 332,295 88 332,383
<br /> Increase(decrease)in net OPEB obligation 30,106 30,106
<br /> Decrease(increase)in deferred outflows (36,706) (17,732) (35,798) (8,447) (1,139) (99,822) (83,090)
<br /> Increase(decrease)in deferred inflows 1,465,237 695,083 368,493 323,908 55,606 2,908,327 2,603,756
<br /> Increase(decrease)in net pension liability (1,592,504) (755,457) (361,996) (351,751) (60,435) (3,122,143) (2,804,388)
<br /> Increase(decrease)in insurance claims payable 2,448,835
<br /> Total adjustments 4,228,064 (1,252,059) 541,411 (230,502) 46,264 3,333,178 3,026,980
<br /> Net cash provided by(used in)operating activities 10,871,805 9,229,141 (354,870) 2,045,981 (35,832) 21,756,225 1,237,595
<br /> Noncash investing,capital and financing activities:
<br /> Noncash capital contributions 951,594 1,575,739 2,527,333 204,189
<br /> Gain(loss)on disposal of equipment (48,392)
<br /> Increase(decrease)in investment in sewer authority (4,359,307) (4,359,307)
<br /> See accompanying notes to financial statements
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