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6.1 B - Attachment No. 4
<br /> CITY OF REDWOOD CITY,CALIFORNIA
<br /> PROPRIETARY FUNDS
<br /> COMBINING STATEMENT OF CASH FLOWS
<br /> INCREASE(DECREASE)IN CASH AND CASH EQUIVALENTS
<br /> FOR THE FISCAL YEAR ENDED JL1NE 30,2009
<br /> Govemmental
<br /> Water Sewer Activities-
<br /> Utility Utility Parking Port of Internal Service
<br /> Fund Fund Fund Redwood City Totals Funds
<br /> Cash flows from operating activities: $ $ $ $ $ $
<br /> Cash received from customers 22,284,415 18,897,822 858,104 4,744,364 46,784,705
<br /> Cash received from interfund services provided 20,232,210
<br /> Cash payments to suppliers for goods and services (13,049,470) (11,907,019) (928,521) (2,164,961) (28,049,971) (8,207,159)
<br /> 4,479,320 2,077,299 1,031,158 1039,614 8,627,391 (7,894,535)
<br /> Cash payments to employees for services � ) � � � � � ' � � �
<br /> Right of way compensation (2,249,010) (1,600,101) (42,000) (3,891,111)
<br /> Net cash provided by operating activities 2,506,615 3,313,403 (1,143,575) 1,539,789 6,216,232 4,130,516
<br /> Cash flows from noncapital financing activities:
<br /> Insurance recovery 27,537 27,537 20,422
<br /> Property ta�ces 28,390 28,390
<br /> Transfers in 1,108,715 1,108,715
<br /> Transfers out (57,268)
<br /> Advances from other funds (833,333) (833,333)
<br /> Advances to other funds 833,333 833,333 (2,500,000)
<br /> Net cash provided by noncapital financing activities 860,870 (833,333) 1,137,105 1,164,642 (2,536,846)
<br /> Cash flows from capital and related financing activities:
<br /> Acquisition and construction of capital assets (9,627,828) (1,115,802) (1,696,533) (12,440,163) (1,814,575)
<br /> Principal retirements (1,620,000) (266,528) (1,886,528)
<br /> Interest paid (3,048,277) (44,292) (31,476) (512,090) (3,636,135)
<br /> Contributions 2,174,747 1,343,402 3,518,149
<br /> Proceeds from sale of equipment 99,595
<br /> Net cash used for capital and related financing activities (12,121,358) (1,160,094) (31,476) (1,131,749) (14,444,677) (1,714,980)
<br /> Cash flows from investing activities:
<br /> Interest and dividends on investment 966,759 98,762 345,842 1,411,363 625,185
<br /> Net increase(decrease)in cash and cash equivalents (7,787,114) 1,418,738 (37,946) 753,882 (5,652,440) 503,875
<br /> Cash and cash equivalents at beginning of yeaz 33,539,187 3,597,338 284,858 16,364,887 53,786,270 19,883,384
<br /> Cash and cash equivalents at end of yeaz 25,752,073 5,016,076 246,912 17,118,769 48,133,830 20,387,259
<br /> Reconciliation of Net Cash Flow from Operating Activities
<br /> Operating income(loss) 2,426,803 2,745,248 (1,690,006) 1,981,634 5,463,679 (1,302,900)
<br /> Adjustments to reconcile operating income to net cash
<br /> provided by operating activities:
<br /> Depreciation 1,908,781 453,172 580,047 539,660 3,481,660 983,795
<br /> Change in assets and liabilities:
<br /> Decrease(increase)in accounts receivable 89,665 (41,411) 17,640 (128,217) (62,323) (32,802)
<br /> Decrease(increase)in due from other governmental agencie� (1,208,785) 101,506 50 (488,137) (1,595,366) 19,104
<br /> 32,340 3,733 36,073 8,291
<br /> Decrease(increase)in inventory/prepaid expenses/deposits � � � � � �
<br /> Increase(decrease)in vacation&sick leave payable 10,134 17,458 17,508 5,622 50,722 87,419
<br /> Increase(decrease)in net OPEB obligation 3,411,085
<br /> Increase(decrease)in accounts payable (810,645) 37,430 (38,109) (295,070) (1,106,394) 341,266
<br /> Increase(decrease)in customer deposits 90,662 1,635 (73,318) 18,979
<br /> Increase(decrease)in unearned revenue 1,348 1,348
<br /> Increase(decrease)in insurance claims payable 615,258
<br /> Total adjustments 79,812 568,155 546,431 (441,845) 752,553 5,433,416
<br /> Net cash provided by operating activities 2,506,615 3,313,403 (1,143,575) 1,539,789 6,216,232 4,130,516
<br /> See accompanying notes to financial statements
<br /> Non-cash financing activity:
<br /> During the fiscal yeaz the sewer utility fund collected from developers and remitted to South Bayside System Authority$112,201 in stage II capacity fees.
<br /> During the fiscal year the water utility fund transferred$41,059 in capital assets to the equipment services fund.
<br /> During the fiscal year the internal services fund received$228,724 in contributed capital assets which consisted of new equipment purchased by governmental funds.
<br /> During the fiscal year the equipment services fund received capital assets in the amount of$41,059 from the water utility fund,and$15,120 from governmental funds.
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