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CITY OF REDWOOD CITY,CALIFORNIA 6.1.E. - Page 144
<br /> INTERNAL SERVICE 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 /> Equipment Self Internal Employee
<br /> Services Insurance Services Benefits
<br /> Fund Fund Fund Fund Total
<br /> $ $ $ $ $
<br /> Cash flows from operating activities:
<br /> Cash received from interfund services provided 4,421,203 5,384,741 9,113,334 6,372,483 25,291,761
<br /> Cash payments to suppliers for goods and services (1,526,598) (6,004,430) (1,586,637) (5,887,520) (15,005,185)
<br /> Cash payments to employees for services (1,007,984) (391,309) (7,649,688) (9,048,981)
<br /> Net cash provided by(used in)operating activities 1,886,621 (1,010,998) (122,991) 484,963 1,237,595
<br /> Cash flows from noncapital financing activities
<br /> Insurance recovery 14,257 14,257
<br /> Transfers in 2,200,000 2,200,000
<br /> Transfers out (14,722) (14,722)
<br /> Advances to other funds 300,000 300,000
<br /> Contributions 23,506 23,506
<br /> Net cash provided by(used in)non-capital financing activities 337,763 2,200,000 (14,722) 2,523,041
<br /> Cash flows from capital and related financing activities:
<br /> Acquisition and construction of capital assets (815,120) (19,326) (834,446)
<br /> Contributions 42,527 42,527
<br /> Proceeds from sale of capital assets 42,784 42,784
<br /> Net cash used in capital and related financing activities (729,809) (19,326) (749,135)
<br /> Cash flows from investing activities:
<br /> Interest on investments 89,519 148,633 15,049 15,591 268,792
<br /> Net cash provided by investing activities 89,519 148,633 15,049 15,591 268,792
<br /> Net increase(decrease)in cash and cash equivalents 1,584,094 1,337,635 (141,990) 500,554 3,280,293
<br /> Cash and cash equivalents at beginning of year 8,722,534 18,495,049 1,716,950 593,294 29,527,827
<br /> Cash and cash equivalents at end of year 10,306,628 19,832,684 1,574,960 1,093,848 32,808,120
<br /> Reconciliation of Net Cash Flow from Operating Activities
<br /> Operating income(loss) 799,393 (2,745,352) (328,215) 484,789 (1,789,385)
<br /> Adjustments to reconcile operating income(loss)to
<br /> net cash provided by operating activities:
<br /> Depreciation 1,081,668 142,892 1,224,560
<br /> Change in assets and liabilities:
<br /> Decrease(increase)in accounts receivable (431,000) 23,248 455 (407,297)
<br /> Decrease(increase)in due from other governmental agencies 6,585 26,698 33,283
<br /> Decrease(increase)in inventory/prepaid expense/deposits 31,257 (398,082) 302 (366,523)
<br /> Increase(decrease)in vacation&sick leave payable (22,375) 85,495 63,120
<br /> Increase(decrease)in accounts payable 63,379 127,966 166,187 (281) 357,251
<br /> Increase(decrease)in unearned revenue (42,527) (42,527)
<br /> Decrease(increase)in deferred outflows (6,972) (2,860) (73,258) (83,090)
<br /> Increase(decrease)in deferred inflows 273,863 120,945 2,208,948 2,603,756
<br /> Increase(decrease)in net pension liability (297,650) (131,450) (2,375,288) (2,804,388)
<br /> Increase(decrease)in insurance claims payable 2,448,835 2,448,835
<br /> Total adjustments 1,087,228 1,734,354 205,224 174 3,026,980
<br /> Net cash provided by(used in)operating activities 1,886,621 (1,010,998) (122,991) 484,963 1,237,595
<br /> Noncash investing,capital and financing activities:
<br /> Noncash capital contributions 29,543 174,646 204,189
<br /> Gain(loss)on disposal of equipment (45,819) (2,573) (48,392)
<br /> 115
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