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<br />40
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<br />Indian River County, Florida
<br />Statement of Cash Flows
<br />Proprietary Funds
<br />For the Year Ended September 30, 2019
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<br /> Business-type Activities -
<br /> Solid Waste
<br /> Disposal
<br /> District Golf Course
<br />CASH FLOWS FROM OPERATING ACTIVITIES
<br /> Cash received from customers $ 15,855,984 $ 3,311,841
<br /> Cash paid to suppliers for goods and services (18,794,336) (1,900,306)
<br /> Cash paid to employees for services (670,440) (594,049)
<br /> Net cash provided by (used in) operating activities (3,608,792) 817,486
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<br />CASH FLOWS FROM NONCAPITAL FINANCING
<br />ACTIVITIES
<br /> Transfers - -
<br /> Operating grants 311,834 15,299
<br /> Insurance recoveries 683,622 -
<br /> Net cash provided by (used in) noncapital financing activities 995,456 15,299
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<br />CASH FLOWS FROM CAPITAL AND RELATED
<br /> FINANCING ACTIVITIES
<br /> Principal payments - bonds/notes - -
<br /> Interest paid on long-term debt - (13,414)
<br /> Payments on advances from other funds - (340,218)
<br /> Proceeds from sales of capital assets 4,015 6,394
<br /> Purchase of capital assets (4,627,830) (158,461)
<br /> Bond paying agent fees - -
<br /> Capital contributed by others - -
<br /> Net cash flows provided by (used in) capital and related financing activities (4,623,815) (505,699)
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<br />CASH FLOWS FROM INVESTING ACTIVITIES
<br /> Interest and dividends on investments 890,427 24,266
<br /> Net cash provided by investing activities 890,427 24,266
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<br /> Net increase (decrease) in cash and investments (6,346,724) 351,352
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<br /> Cash and investments at beginning of year 31,903,807 301,547
<br /> Cash and investments at end of year $ 25,557,083 $ 652,899
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<br />Classified as:
<br /> Current assets $ 16,728,658 $ 652,899
<br /> Restricted assets 8,828,425 -
<br />Total $ 25,557,083 $ 652,899
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<br /> The accompanying notes are an integral part of the financial statements.
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