|
CITY OF PARIS, TEXAS Statement 9
<br />Statement of Cash Flows
<br />. Proprietary Funds
<br />Year Ended September 30, 2023
<br />Water and Sewer
<br />Enterprise Fund
<br />Cash Flows from Operating Activities
<br />Receipts from Customers and Users $ 16,751,307
<br />Other Receipts . 262,473
<br />Payments to Suppliers, Contractors, and Service Providers (6,1.96;830)
<br />Payments to Employees for Salaries and Benefits (3,645,937)
<br />Net Cash Provided by Operating Activities 7,171,013
<br />Cash Flows from Noncapital Financing Activities
<br />10,345,827
<br />Transfers In
<br />1,306,850
<br />Transfers Out
<br />(1,079,431)
<br />Net Cash Provided (Used) by Noncapital Financing Activities
<br />227,419
<br />Cash Flows from Capital and Related Financing Activities
<br />37,738,669
<br />Proceeds Received from Sale of Capital Assets
<br />38,800
<br />Acquisition and Construction of Capital Assets
<br />(9,935,548)
<br />Proceeds from Long -Term Debt
<br />26,795,000
<br />Principal Paid on Capital Debt
<br />(4,270,063)
<br />Capital Grants
<br />1,061,033
<br />Contributions from Other Governments
<br />-
<br />Bond Issue Costs
<br />(302,871)
<br />Interest Paid on Capital Debt
<br />(4,269 418)
<br />Property Taxes
<br />1,228,894
<br />Net Cash Provided (Used) by Capital and Related Financing Activities
<br />10,345,827
<br />Cash Flows from Investing Activities
<br />Interest on Investments
<br />2,179,912
<br />Purchases of Investment Securities
<br />(48,989,391)
<br />Maturities of Investments
<br />37,738,669
<br />Net Cash Provided (Used) by Investing Activities (9,070,810)
<br />Net Increase in Cash and Cash Equivalents 8,673,449
<br />Cash and Cash Equivalents - Beginning 21,761,409
<br />Cash and Cash Equivalents - Ending $ 30,434,858
<br />The accompanying notes to the financial statements are an integral part of this statement.
<br />26
<br />
|