2024 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

STATEMENT OF CASH FLOWS - PROPRIETARY FUNDS

For the Year Ended December 31, 2024

Business-Type Activities - Enterprise Funds

Governmental Activities - Internal Service Funds

Storm Drainage

Sewer

Refuse

Total

CASH FLOWS - OPERATING ACTIVITIES Receipts from Customers and Users

$ 5,083,444

$ 1,516,035

$

90,000

$ 6,689,479

$ 5,428,165

Receipts from Interfund Services

-

-

- - -

-

662,730

Payments to Suppliers Payments to Employees

(3,967,665) (481,840)

(277,040) (751,148)

(4,244,705) (1,232,988)

(2,781,853)

-

Net Cash Flows - Operating Activities

633,939

487,847

90,000

1,211,786

3,309,042

CASH FLOWS - NONCAPITAL FINANCING ACTIVITIES

Payment Received (Paid) on Interfund Loan

106,703

236,237 114,780

(106,703)

236,237 114,780 18,331 (18,331)

(60,000)

Grants for Operating Purposes Receipts from Interfund Services Payments for Interfund Services Interest Paid on Interfund Loan

- -

-

- - -

- - - - -

18,331

(18,331)

-

- - -

(1,067)

(1,067)

(12,375)

Insurance Dividends

- - -

- -

80,324

Transfer from Other Funds Transfer to Other Funds

1,000,000

(200,000)

(200,000)

(400,000)

-

Net Cash Flows - Noncapital Financing Activities

(111,628)

151,017

(89,439)

(50,050)

1,007,949

CASH FLOWS - CAPITAL AND RELATED FINANCING ACTIVITIES Trunk Charges Capital Related Special Assessments Principal paid on Leases and SBITA Proceeds from Disposal of Capital Assets

154,223 42,176

1,166,231

- - - - -

1,320,454

- -

- -

42,176

- -

-

(275,125) 771,261

78,000

78,000

Acquisition of Capital Assets

(1,320,213)

(1,189,320)

(2,509,533)

(10,466,320)

Net Cash Flows - Capital and Related Financing Activities

(1,123,814)

54,911

-

(1,068,903)

(9,970,184)

CASH FLOWS - INVESTING ACTIVITIES Interest Received (Loss)

297,765

526,793

(561)

823,997

1,112,046

Net Cash Flows - Investing Activities

297,765

526,793

(561)

823,997

1,112,046

(303,738)

1,220,568

-

916,830

(4,541,147)

Net Change in Cash and Cash Equivalents

CASH AND CASH EQUIVALENTS Beginning of Year

6,469,131

12,122,904

-

18,592,035

25,560,462

$ 6,165,393

$ 13,343,472

$

-

$ 19,508,865

$ 21,019,315

End of Year

The Notes to the Financial Statements are an integral part of this statement.

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