CITY OF NASHUA, NEW HAMPSHIRE
PROPRIETARY FUNDS
STATEMENT OF CASH FLOWS
FOR FISCAL YEAR ENDED JUNE 30, 2021
Business-Type Activities Govemmental
Enterpnse Funds Activities
Waste Solid Internal
Water Waste Service
Fund Fund Total Fund
Cash Flows From Operating Activities
Receipts from customers and users § 13,673,829 $ 4,388,939 B 18,062,768 $ 14,996,376
Receipts frominterfund services provided - - - 38,976,218
Payments to vendors (4,132,821) (1,701,618) (5,834,439) (52,824,305)
Payments te employees (4,017,195) (3,327,358) (7,344,553) (940,273)
Net Cash Provided By (Used for} Operating Activities $523,813 (640,037) 4,883,776 208,016
Cash Hows From Noncapital Financing Activities
Proceeds from{payments for) interfund loan agreements 2,588,176 (1,958,972) 629,204 (375,073)
Transfers (150,000) 6,235,231 6,085,231 150,000
Intergovernmental subsidy 1,364,985 149.643 1,514,628 -
Net Cash Provided By (Used for) Noncapital Financing Activities 3,803,161 4,425,902 8,229,063 (225,073)
Cash Flows From Capital and Related Financing Activities
Acquisition and construction of capital assets (8,171,199) (1,547,848) (9,719,047) .
Contnbutions 1,069,781 - 1,069,781 -
Proceeds premiums frombonds and notes 4,803,488 1,495,000 6,798 488 -
Pnncipal payments on bonds (4,183,258) (2,666,201) (6,849,459) -
Pnncipal payments on notes (759,000) - (759,000) -
Interest expense _ (1,551,293) (678,414) (2,229,707) -
Net Cash (Used For} Capital and Related Financing Activities (8,791,481) (3,397,463) (12,188,944) -
Cash Flows From Investing Activities
Purchase of investments - (64,825) (64,825) -
Investment income 13,649 23,008 36,747 17,057
Net Cash Provided By Investing Activities 13,649 (41,727) (28,078) 17,057
Net Change mn Cash and Short-Term Investments 549, 142 346,675 895,817 -
Cash and Short-Term Investments, Beginning of Year 14,382,129 1,839,696 16,221,825 -
Cash and Short-Term Investments. End of Year $14,931,271 $2,186,371 $17,117,642 § -
Reconciliation of Operating Income (Loss) to Net Cash
Provided by (Used For) Operating Activities
Operating income (loss } $ 94,246 $ (3,766,182) $ (3,871,936) $ $54,924
Adjustinents to reconcile operating income (loss) to net
cash provided by (used for) operating activities
Depreciation 6,461,810 2,267,213 8,729,023 :
Changes in assets, liabilities, and deferred outflows/inflows
User fees (600,727) (35.256) (635,983) -
Deferred outflows - related to pensions (326,359) (245,332) (571,691) .
Deferred outflows - related to OPEB (18,941) (14,732) (33,673) -
Other assets “ - - 238,960
Accounts payable - 94 94
Accmed liabilities 11,962 (30,104) (18,142) (224,418)
Net pension liability (1,864,642) (1,397,754) (3,202,396) .
Net and Total OPEB liability 11,882 9,241 21,123 -
Landfill closure and postclosure - 1,294,195 1,294,195 .
Other habiities - - - 18,550
Deferred inflows - related to pensions 1,637,527 1,234,204 2,871,731 -
Deferred inflows - related to OPEB $7,055 44.376 101,431 -
Net Cash Provided By (Used for) Operating Activities $5,523,813 $ (640,037) $ 4,883,776 $ 208,016
The accompany ing notes are an integral part of these financial statements
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