Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Statement of Cash Flows
Nonmajor Enterprise Funds
For the fiscal year ended June 30, 2009
127
Total
Solid
nonmajor
Waste Civic Stormwater Special Parking enterprise
Water Management Pier Auditorium Airport Management Cemetery Aviation Authority funds
Cash flows from operating activities:
Cash received from customers $ 15,935,816 21,441,396 3,536,886 2,753,229 4,018,256 1,899,819 1,034,730 — 149,200 50,769,332
Cash payments for materials and services (10,267,058) (10,897,848) (2,449,241) (1,270,366) (3,681,727) (287,527) (1,189,441) — (1,350,187) (31,393,395)
Cash payments to employees for services (4,856,071) (8,045,112) (1,658,337) (2,390,970) (1,214,752) — (694,155) — (600) (18,859,997)
Other revenue received 536,499 578,840 64,409 39,513 204,923 (66,277) 9,877 — — 1,367,784
Net cash provided by (used in)
operating activities 1,349,186 3,077,276 (506,283) (868,594) (673,300) 1,546,015 (838,989) — (1,201,587) 1,883,724
Cash flows from noncapital financing activities:
Repayment of advances made to other funds — — — — 520,298 — — — — 520,298
Advances from other funds — — — — — 1,258,489 340,773 — — 1,599,262
Transfers in 236,993 — 3,713,585 254,782 48,000 14,190 307,083 — 3,669,878 8,244,511
Transfers out (1,450,150) (690,520) (17,200) — — (1,865,331) — — (4,669,194) (8,692,395)
Net cash provided by (used in)
noncapital financing activities (1,213,157) (690,520) 3,696,385 254,782 568,298 (592,652) 647,856 — (999,316) 1,671,676
Cash flows from capital and related financing
activities:
Acquisition and construction of capital assets (52,872) (41,010) (2,399,358) (265,367) — (336,431) (43,310) — — (3,138,348)
Proceeds from the sale of capital assets — — — 1,016 1 — 23 — 203,001 204,041
Reduction in long-term obligations — — — — (22,217) (237,613) — — — (259,830)
Payments due to other goverments — — — — — (534,129) — — — (534,129)
Interest paid on long-term obligations (4,049) — — — (432,773) (85,711) — — — (522,533)
Net cash (used in)
capital and related financing
(56,921) (41,010) (2,399,358) (264,351) (454,989) (1,193,884) (43,287) — 203,001 (4,250,799)
Cash flows from investing activities:
Interest on investments 703,973 381,553 299,519 92,334 111,574 570 3,824 9,281 420,534 2,023,162
Net cash provided by investing
activities 703,973 381,553 299,519 92,334 111,574 570 3,824 9,281 420,534 2,023,162
Net increase (decrease) in cash and
cash equivalents 783,081 2,727,299 1,090,263 (785,829) (448,417) (239,951) (230,596) 9,281 (1,577,368) 1,327,763
Cash and cash equivalents at beginning of year 17,929,318 8,246,197 7,347,930 2,566,147 3,053,156 321,875 230,596 237,302 11,641,653 51,574,174
Cash and cash equivalents at end of year $ 18,712,399 10,973,496 8,438,193 1,780,318 2,604,739 81,924 — 246,583 10,064,285 52,901,937
Cash and investments $ 17,496,845 4,062,138 8,177,967 1,628,465 — — — 246,583 9,764,285 41,376,283
Restricted cash and investments 1,215,554 6,911,358 260,226 151,853 2,604,739 81,924 — — 300,000 11,525,654
Total cash and cash equivalents $ 18,712,399 10,973,496 8,438,193 1,780,318 2,604,739 81,924 — 246,583 10,064,285 52,901,937
(Continued)