| Enterprise | Internal | Memorandum Totals | ||
| Solid Waste | Service | 1998 | 1997 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Cash received from external customers | $ 4,600,241 | $ 207,457 | $ 4,807,698 | $ 4,449,388 |
| Cash received from internal customers | 8,197 | 5,739,173 | 5,747,370 | 5,455,204 |
| Cash payments to external suppliers for | ||||
| goods and services | (1,738,305) | (3,952,604) | (5,690,909) | (5,659,940) |
| Cash payments to internal suppliers for | ||||
| goods and services | (471,581) | (234,407) | (705,988) | (499,162) |
| Cash payments to employees for services | (927,321) | (1,345,196) | (2,272,517) | (2,035,947) |
| Compensation for loss | - | - | - | 26,426 |
| In-house deductibles | - | - | - | 23,666 |
| Pay phone revenue | - | 2,183 | 2,183 | 2,163 |
| Intergovernmental revenue | 17,850 | - | 17,850 | 38,047 |
| Miscellaneous revenue | 145 | 20,176 | 20,321 | 24,978 |
| Grant expense | (16,186) | - | (16,186) | (1,664) |
| Net cash provided by operating activities | 1,473,040 | 436,782 | 1,909,822 | 1,823,159 |
| CASH FLOWS FROM NONCAPITAL | ||||
| FINANCING ACTIVITIES: | ||||
| Intergovernmental revenue | - | 16,250 | 16,250 | - |
| Operating transfers in from other funds | - | 553,622 | 553,622 | 848,597 |
| Operating transfers out to other funds | (70,000) | (614,908) | (684,908) | (796,351) |
| Net cash provided (used) by noncapital | ||||
| financing activities | (70,000) | (45,036) | (115,036) | 52,246 |
| CASH FLOWS FROM CAPITAL AND RELATED | ||||
| FINANCING ACTIVITIES: | ||||
| Acquisition of fixed assets | (562,926) | (125,344) | (688,270) | (659,024) |
| Principal paid on capital lease | (246,960) | (11,461) | (258,421) | (239,739) |
| Interest paid on capital lease | (142,163) | (3,578) | (145,741) | (164,300) |
| Proceeds from sale of assets | 10,186 | 16,083 | 26,269 | 78,391 |
| Residual equity transfer out | - | (1,434) | (1,434) | (887) |
| Net cash provided (used) by capital and related | ||||
| financing activities | (941,863) | (125,734) | (1,067,597) | (985,559) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||
| Interest on investments | 155,358 | 334,876 | 490,234 | 328,980 |
| Restatement of prior periods | - | - | - | (741) |
| Net cash provided for investing | 155,358 | 334,876 | 490,234 | 328,239 |
| NET INCREASE IN CASH | 616,535 | 600,888 | 1,217,423 | 1,218,085 |
| CASH BALANCES, January 1 | 4,201,593 | 6,822,489 | 11,024,082 | 9,805,997 |
| CASH BALANCES, December 31 | $ 4,818,128 | $ 7,423,377 | $ 12,241,505 | $ 11,024,082 |
| NONCASH TRANSACTIONS AFFECTING | ||||
| FINANCIAL POSITION: | ||||
| Contributions of contributed capital | $ - | $ - | $ - | $ 14,156 |
| Dispositions of contributed capital | - | - | - | - |
| Net change in contributed capital | - | - | - | (14,156) |
| Net effect of noncash transactions | $ - | $ - | $ - | $ - |
| RECONCILIATION OF OPERATING INCOME | ||||
| TO NET CASH PROVIDED BY | ||||
| OPERATING ACTIVITIES: | ||||
| Operating Income (Loss) | $ 975,165 | $ (219,287) | $ 755,878 | $ 703,624 |
| Adjustments to reconcile operating income | ||||
| to net cash provided by | ||||
| operating activities: | ||||
| Depreciation | 317,853 | 317,073 | 634,926 | 553,773 |
| Miscellaneous nonoperating income/expenses | (14,377) | 55,320 | 40,943 | 113,616 |
| Assets (increase) decrease: | ||||
| Due from other County funds | (4,286) | (16,335) | (20,621) | 379,895 |
| Due from other governmental units | 68,874 | 2,527 | 71,401 | (45,062) |
| Other receivables | (38,181) | (20,666) | (58,847) | (36,213) |
| Prepaids | 6,410 | 59,031 | 65,441 | (5,761) |
| Inventories | - | 24,151 | 24,151 | (1,691) |
| Assets held for resale | - | (163,125) | (163,125) | - |
| Liabilities increase (decrease): | ||||
| Accounts payable | (32,789) | 27,632 | (5,157) | (12,481) |
| Due to other County funds | 6,056 | 30,536 | 36,592 | 12,628 |
| Due to other governmental units | (12,040) | (18,565) | (30,605) | (6,224) |
| Deferred revenue | 1,007 | 3,321 | 4,328 | 35,961 |
| Customer deposits | (800) | - | (800) | 1,700 |
| Accrued compensated absences | 1,792 | 12,745 | 14,537 | 13,283 |
| Claims payable | - | 342,424 | 342,424 | (47,197) |
| Closure and postclosure care | 198,356 | - | 198,356 | 163,308 |
| Total adjustments | 497,875 | 656,069 | 1,153,944 | 1,119,535 |
| Net cash provided by operating activities | $ 1,473,040 | $ 436,782 | $ 1,909,822 | $ 1,823,159 |
The Notes to Financial Statements are an integral part of this exhibit.
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