Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
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KETTERING CITY SCHOOL DISTRICT<br />
Statement of Cash Flows<br />
Proprietary Fund<br />
For the Fiscal Year Ended June 30, <strong>2012</strong><br />
Governmental<br />
Activities -<br />
Internal Service<br />
Funds<br />
Cash Flows from Operating Activities:<br />
Cash Received from Interfund Charges $11,010,950<br />
Cash Payments for Goods and Services (1,260,023)<br />
Cash Payments for Claims (9,930,650)<br />
Net Cash Used by Operating Activities (179,723)<br />
Cash Flows from Investing Activities:<br />
Receipts of Interest 45<br />
Net Cash Provided by Investing Activities 45<br />
Net Decrease in Cash and Cash Equivalents (179,678)<br />
Cash and Cash Equivalents at Beginning of Year 3,193,065<br />
Cash and Cash Equivalents at End of Year $3,013,387<br />
Reconciliation of Operating Loss to Net Cash<br />
Used by Operating Activities:<br />
Operating Loss ($76,813)<br />
Adjustments to Reconcile Operating Loss to<br />
Net Cash Used by Operating Activities:<br />
Changes in Assets and Liabilities:<br />
Decrease in Claims Payable (102,910)<br />
Total Adjustments (102,910)<br />
Net Cash Used by Operating Activities ($179,723)<br />
See accompanying notes to the basic financial statements<br />
DRAFT - 24 - 12/18/<strong>2012</strong>
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