APEX PARK AND RECREATION DISTRICT STATEMENT OF CASH FLOWS Proprietary Fund! For lhc FlScaI Years Endtd Dtttmber 31, <strong>2009</strong> BUliucss-1ypc Idlvll5es Enlerprise Funds Apa Aptl GolrcCMII"H Colrcourse CurnnlYur Prior Vear Currtat "ear PrtorVnr Totlll CASH FLOWS FROM OPERATING "CTIVITIES: Receipts from customeR <strong>and</strong> u,crs 3,369,755 3,580,817 1,Il3,In 1.944.216 S 5,202,877 PaymenlJ to suppliers (1,079,216) (1,309.144) (791.254) (958,316) ( 1.816,530) Paymenls to employees (2,439,196) (2,331.945) (1,099.852) (1.025,110) (3.539,648) Other operlltlng revenues 149,311 60,272 91,770 !4.I06l 247,087 Net cuh provided by opemtlng activities S S S 33,186 S !43,356l S 33,786 C,\SH FLOWS FROM NONCAPITAL AND RELATED FINANCING ACTIVITIES: Tl'1.lIsrcrs from alher funds 611,500 200,000 671,500 Net cash provided (used) for nom:apitai <strong>and</strong> related financing activities S S S 671,500 S 200 1 000 S 611.500 CASH FLOWS FROM CAPITAL "ND REL"TED F(N"NCING ACTIVITIES: Purchase of property. planl <strong>and</strong> equipment S (222,279) S (199,937) S (76,283) S (302,675) S (298,561) Principal paid on capilAl debt (615,000) (80,000) (615,000) JnlefeJt paid on bonds (42,674) (54,217) (42,674) Con ...... payable (46,612) (75,374) (46,612) Capll .. l conlributiolU 222,279 199.937 76,283 251,522 298,161 Lease proceedJ 143,940 Net cash provided (used) (or capilal <strong>and</strong> rel,led financing acLlVitit.S S S S !704,286l s pI6.804l s (704,286l Netlnelease (decmue) in cash <strong>and</strong> S S S 1,000 S (14,317) S 1.000 cash equivalents Cuh <strong>and</strong> taSh cquivalml! January 1 4.440 4,440 3,900 18.277 8,340 Cash lind cash tquivalenl! December 31 S 4,440 S 4.440 S 4.900 S 3,900 S 9,340 Rtconclli.lioD oropef'lliine 'ncomt 10 ntl cuh providrd by optl'llUnelcUvltlel: Operalina intornc (Ion) S (98Z,087 l s (911,616l s P41,144l s !276.55I l S !1,323.Z3Il AdjUJbncnlS 10 rcconcilt ntt income 10 net c:&!h providtd by opcn.ting .rovities: Depreciation expense 943,617 S 913,119 S 264,694 S 246,440 S 1,208,371 (Im:reuc) decrease in bond debt service reserve III ,450 131,450 (Increase) decrease in m:eivables (51.700) (51,700) (Increase) dec~ase due rrom other runds 17,869 (49,434) (37,044) (5,381) (l9,11S) (Increase) decrease in inventory 447 7,428 (828) (19,169) (381) (Jncrmsc) dccruse in p~paid items 12,399 2,156 12,399 (Decrease) increase in attounts payable 66,298 23,077 10,621 211 76,925 (Decrease) increase in aC'Cnled expenses 2,935 8,234 (6,368) 8,944 (3,433) (Dm'tase) incmue in derened income 2.561 9,192 5 561 Taut adjwlmCnL1 982,087 S 911.616 S 314,930 S 233,195 S 1,357,017 N" cash po'ovKlcd (Uled) by opertlinS aetivi{Jet S S S 33.786 S (43,356l S 33.186 The notes 1.0 the financial stalements are an Inlegral part or !hi! statement B·II
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- Page 2 and 3: APEX PARK AND RECREATION DISTRICT,
- Page 4 and 5: TABLE OF CONTENTS INTRODUCTORY SECT
- Page 6 and 7: INTRODUCTORY SECTION LETTER OF TRAN
- Page 8 and 9: Board of Directors Jim Whitfield, P
- Page 10 and 11: President, Board Members and Distri
- Page 12 and 13: President, Board Members and Distri
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- Page 16 and 17: ~~ PA II1t, .. ~~llk"'l':':' DI,111
- Page 18 and 19: FINANCIAL SECTION INDEPENDENT AUDIT
- Page 20 and 21: INDEPENDENT AUDITOR'S REpORT
- Page 22 and 23: McMAHAN AND ASSOCIATES, L.L.C. Cert
- Page 24 and 25: MANAGEMENT'S DISCUSSION AND ANALYSI
- Page 26 and 27: MANAGEMENT'S DISCUSSION AND ANALYSI
- Page 28 and 29: types. The General Fund, Conservati
- Page 30 and 31: Apex Park aad Reen.tioa District's
- Page 32 and 33: Revenues by Source - Governmental A
- Page 34 and 35: Financial Analysis ofthe Government
- Page 36 and 37: • Governmental activities capital
- Page 38 and 39: BASIC FINANCIAL STATEMENTS
- Page 40 and 41: APEX PARK AND RECREATION DISTRlcr S
- Page 42 and 43: APEl( PARK AND RECREATION DISTRICT
- Page 44 and 45: APEX PARK AND RECREATION DISTRICf R
- Page 46 and 47: APEX PARK AND RECREATION DISTRICT C
- Page 48 and 49: APEX PARK AND RECREATION DISTRICT S
- Page 52 and 53: NOTES TO FINANCIAL STATEMENTS
- Page 54 and 55: APEX PARK AND RECREATION DISTRICT N
- Page 56 and 57: I. Summary of Significant Accountin
- Page 58 and 59: I. Summary of Significant Accountin
- Page 60 and 61: II. Reconciliation of Government-Wi
- Page 62 and 63: III. Stewardship, Compliance and Ac
- Page 64 and 65: IV. Detailed Notes on AU Funds A. D
- Page 66 and 67: IV, Detailed Notes on AU Funds (con
- Page 68 and 69: IV. Detailed Notes on All Funds (co
- Page 70 and 71: V. Long-Term Debt (continued) in 19
- Page 72 and 73: V. Long-Term Debt (continued) The m
- Page 74 and 75: IX. Post Employment Benefits (conti
- Page 76 and 77: BUDGETARY COMPARISON FUND SCHEDULES
- Page 78 and 79: DEBT SERVICE FUND The Debt Service
- Page 80 and 81: APEX PARK AND RECREATION DISTRICf D
- Page 82 and 83: ENTERPRISE FUNDS The Enterprise Fun
- Page 84 and 85: APEX PARK AND RECREATION DISTRICT A
- Page 86 and 87: CAPITAL ASSETS
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- Page 90 and 91: APEX PARK AND RECREAnON DISTRICT Ca
- Page 92 and 93: STATISTICAL SECTION This part of th
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APEX PARK AND RECREATION DISTRICT P
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APEX PARK AND RECREATION DISTRICT P
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APEX PARK AND RECREATION DISTRICT R
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.L IOttlI~ . r.JlI. h APEX PARK AND
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APEX PARK AND RECREATION DISTRICT D
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APEX PARK & RECREATION DISTRICT Ful
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APEX PARK & RECREATION DISTRICT Cap
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