|
12/21/2011 10:57 7197425420 TOWN OF LA VETA PAGE 07/11
<br />TOWN OF LA VETA, COLORADO
<br />STATEMENT OF CASH FLOWS
<br />PROPRIETARY FUNDS
<br />Year Ended December 31, 2008
<br />CASH FLOWS FROM NON - CAPITAL_ FINANCING ACTIVITIES
<br />NET CASH.FROM NON- CA_P_UAL_FINA_,NCING ACTIVITIES
<br />Business Dpg
<br />Activities- Enterurtse
<br />Funds
<br />CASH FLOWS FROM CAPITAL AND
<br />Sewer
<br />Water
<br />RELATED FINANCING ACTIVITIES
<br />Fund
<br />Fund
<br />12.taAl
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br />-
<br />(781,803)
<br />(781,803)
<br />Receipts from Customers
<br />103,811
<br />315,647
<br />419,458
<br />Payments to Employees
<br />(76,603)
<br />(89,425)
<br />(166,028)
<br />Payments to Vendors
<br />2( 1,300)
<br />7� 2,398)
<br />(93.69
<br />NET CASH PROVIDED BY JUSED FOR)
<br />_12,000
<br />1 2000
<br />24.000
<br />OPERATING ACTIVITIES
<br />5,908
<br />153,824
<br />159,732
<br />CASH FLOWS FROM NON - CAPITAL_ FINANCING ACTIVITIES
<br />NET CASH.FROM NON- CA_P_UAL_FINA_,NCING ACTIVITIES
<br />__ _
<br />602,952
<br />602,952
<br />CASH FLOWS FROM CAPITAL AND
<br />RELATED FINANCING ACTIVITIES
<br />Purchase of Fixed Assets
<br />-
<br />(781,803)
<br />(781,803)
<br />Contributions from Grants
<br />-
<br />178,690
<br />178,690
<br />Interest Paid on Debt
<br />-
<br />(1,176)
<br />(1,176)
<br />Principal Paid on Debt
<br />-
<br />(11,589)
<br />(11,589)
<br />Tap Fees
<br />_12,000
<br />1 2000
<br />24.000
<br />NET CASH FROM CAPITAL AND RELATED
<br />EINANCING ACTIVITIES
<br />12.000
<br />(603,878)
<br />(591,878
<br />CASH ELQWS FROM INVESTING ACTIVITIES
<br />Interest Earnings
<br />4,856
<br />6.258
<br />11.114
<br />NET CASH FROM INVESTING ACTIVITIES
<br />4.856
<br />6,258
<br />11,114
<br />NET INCREASE (DECREASE) IN CASH AND
<br />CASH EQUIVALENTS
<br />22,764
<br />159,156
<br />181,920
<br />CASH AND CASH EQUIVALENTS - 13eginning of Year
<br />283.413
<br />406.894
<br />690.307
<br />CASH AND CASH EQUIVALENTS — End of Year
<br />2
<br />REC—ONCILLATIQN OF CASH FLOWS FROM
<br />OPERATING ACTIVITIES
<br />Operating Income (Goss)
<br />(14,183)
<br />120,671
<br />106,488
<br />1
<br />Adjustments to Reconcile Net Income to Net Cash
<br />ProvL4q0_`by,Q"rating Activities
<br />Depreciation
<br />22,438
<br />40,519
<br />62,957
<br />(Increase) Decrease in Inventory
<br />86
<br />(740)
<br />(654)
<br />(Increase) Decrease in Accounts Receivable
<br />(1,110)
<br />(3.378)
<br />(4,488)
<br />Increase (Decrease) in Accounts Payable
<br />(139)
<br />(1,937)
<br />(2,076)
<br />Increase (Decrease) in Accrued Salaries & Benefits Payable
<br />(1,184)
<br />(65)
<br />(1,249)
<br />Due to Other Funds
<br />0,246)
<br />(,1.246)
<br />NE ASH PROVID BY LUSED FOR
<br />P RATING ACJV[7IES
<br />514
<br />rJ59�
<br />The accompanying notes are an integral part of these financial statements.
<br />-11-
<br />
|