ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 51
CITY OF EUSTIS, FLORIDA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2020
Cash Flows from Operating Activities
Cash Received from Customers
Cash Payments to Suppliers for Goods and
Services
Cash Payments for Employee Services
Net Cash Provided by (Used in)
Operating Activities
Business-Type
Activities
Water and
Sewer Utility
System Fund
$ 11,459,151
(2,925,754)
(3,480,272)
5,053,125
Cash Flows from Noncapital Financing Activities
Transfers to Other Funds
Net Cash Provided by (Used in) Noncapital
Financing Activities
1,814,859
1,814,859
Cash Flows from Capital and Related
Financing Activities
Acquisition and Construction of Capital Assets
Principal Payments State Revolving Loan
Payments Bond Issuance
Payments Notes Payable
Interest Paid on Revenue Bonds and State Revolving Loan
Net Cash Provided by (Used in) Capital
and Related Financing Activities
(1,648,859)
(613,193)
(292,241)
(361,100)
(358,145)
(3,273,538)
Cash Flows from Investing Activities
Proceeds from Sale and Maturity of Investments
Interest
Net Cash Provided by (Used in) Investing Activities
(438,378)
109,376
(329,002)
Net Increase (Decrease) in Cash and Cash
Equivalents
131,034
Cash and Cash Equivalents, Beginning of Year
Cash and Cash Equivalents, End of year
19,389,022
$ 19,520,056
The notes to the financial statements are an integral part of this statement.
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