HomeMy WebLinkAbout11012022 City Council Special Meeting Laydown - Reierson Proposed Electric Enterprise Fund CIVAAVY
CITY OF SEWARD Cl i 1 N '
(PROPOSED) ELECTRIC ENTERPRISE FUND c '+gip
Budgeted Statement of Cash Flow
For Fiscal Year 2022, 2023 and 2024
2022 2023 2024
Budget Budget Budget
Beginning Cash as of 1/1/22: **
a. Unrestricted Fund (15000) 1,759,213
TOTAL Unrestricted Cash Balance: 1,759,213 2,201,095 2,184,728
Cash is provided by(used for):
Change in net position (a) (1,939,729) (1,632,242) (1,077,168)
Add expense items not affecting cash
Depreciation 2,571,611 1,585,000 1,585,000
Net cash provided from operations 631,882 (47,242) 507,832
Other sources (uses) of cash
Debt principal payments (190,000) (190,000) (190,000)
Prepaid Interest from Bond Bank 220,875
Net increase (decrease) in cash 441,882 (16,367) 317,832
Estimated ending cash balance: 2,201,095 2,184,728 2,502,560
a. Includes: Motor Pool, Capital Equip, Tools & Equip.
** excludes Restricted Funds:
u. MRRF Fund (15001) 957,302
v. 2013 T-Line Proj (15310) 566,135
w. Infrastructure: Transformers (15340) 4,773,810
x. Electric Bond Reserves (1038) 322,824
TOTAL Restricted Fund Balance: 6,620,071
TOTAL Harbor Cash (All Accts) 8,379,284
DIFF
2021 ACFR: Unresricted 8,056,460 (6,297,247)
Restricted 322,824 6,297,247
Total ACFR Cash 8,379,284 -