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Financial Accounting for Local and State School Systems: 2009 Edition
NCES 2009-325
June 2009


Exhibit D-10.  Sample Independent School District Statement of Cash Flows—Proprietary Funds: For the Year Ended June 30, 20X2
 
  Enterprise
Fund—
Food Services
Internal
Service Fund—
Insurance
CASH FLOWS FROM OPERATING ACTIVITIES    
Received from user charges $4,851,104
Received from assessments made to other funds 22,639,927
Payments to employees for services (10,494,786)
Payments for workers' compensation and unemployment claims (22,639,927)
to suppliers for goods and services (7,855,737)
Net cash used by operating activities (13,499,419) 0
     
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES    
Nonoperating grants received 14,914,368
     
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES    
Acquisition of capital assets (122,918)
     
CASH FLOWS FROM INVESTING ACTIVITIES    
Interest on investments 301,410
Net increase in cash and cash equivalents 1,593,441
Cash and cash equivalents—July 1, 20X1 4,380,184
Cash and cash equivalents—June 30, 20X2 $5,973,625 $0 
     
Reconciliation of operating income (loss) to net cash used by operating activities:    
Operating income (loss) $(15,845,682) $1,224,659
Adjustments to reconcile operating income (loss) to net cash used by operating activities:    
Depreciation 984,490
Commodities used 1,684,867
Changes in assets and liabilities:    
Receivables 100,754 (2,549,089)
Inventories 210,239
Accrued liabilities  (371,455) 1,324,430
Deferred revenue  (262,632)
Net cash used by operating activities $(13,499,419) $0
Noncash noncapital financing activities:
During the year the district received $1,684,867 of food commodities from the U.S. Department of Agriculture.