| Exhibit D-8. Sample Independent School District Statement of Revenues, Expenses, and Changes in Fund Net Position, Proprietary Funds, For the Year Ended June 30, 20X2 |
||||
|---|---|---|---|---|
| Enterprise Funds | ||||
| Adult Education |
Food Services |
Total | Internal Service Funds |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Cash received from user charges | $1,052,578 | $4,851,104 | $5,093,862 | — |
| Cash received from assessments made to other funds | — | — | — | (22,639,927) |
| Cash payments to employees for services | (888,793) | (10,494,786) | (11,383,579) | — |
| Cash payments for insurance claims | — | — | — | (22,639,927) |
| Cash payments for suppliers for goods and services | (35,449) | (7,855,737) | (7,891,186) | — |
| Cash payments for facility use | (826,746) | — | (826,746) | — |
| Cash payments for other operating expenses | — | (2,593) | (2,593) | — |
| Net cash used for operating activities | (698,410) | (13,502,012) | (14,200,422) | — |
| CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES | ||||
| Nonoperating grants received | 897,983 | 15,574,568 | 16,472,551 | — |
| CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES | ||||
| Capital contributions | — | 750,000 | 750,000 | — |
| Acquisition of capital assets | — | (1,522,918) | (1,522,918) | — |
| Net cash used for capital and related financing activities | — | (7,22,918) | (772,918) | — |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Purchase of investments | (16,271) | (135,217) | (151,488) | — |
| Proceeds from maturities of investments | 14,280 | 115,625 | 129,905 | — |
| Interest on investments | 10,042 | 285,446 | 295,488 | — |
| Net cash provided by investing activities | 8,051 | 265,854 | 273,905 | — |
| Net increase in cash and cash equivalents | 207,624 | 1,565,492 | 1,773,116 | — |
| Cash and cash equivalents—beginning | 1,636,806 | 4,254,790 | 5,891,596 | — |
| Cash and cash equivalents—ending | $1,844,430 | $5,820,282 | 7,664,712 | — |
| Reconciliation of operating income (loss) to net cash provided (used) by operating activities: | ||||
| Operating income (loss) | $(901,603) | $(15,845,682) | $(16,747,285) | $1,224,659 |
| Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: | ||||
| Depreciation | — | 981,897 | 981,897 | — |
| Commodities used | — | 1,684,867 | 1,684,867 | — |
| Changes in assets and liabilities: | ||||
| Receivables | 116,428 | 100,754 | 217,182 | (2,549,089) |
| Inventories | 94,794 | 210,239 | 305,033 | — |
| Accrued liabilities | (5,684) | (371,455) | (377,139) | 1,324,430 |
| Deferred revenue | (2,345) | (262,632) | (264,977) | — |
| Net cash provided by operating activities | $(698,410) | $(13,502,012) | $(14,200,422) | $— |
| Noncash noncapital financing activities: During the year the district received $1,684,867 of food commodities from the U.S. Department of Agriculture. |
||||
| Noncash investing activities: During the year the district had $16,783 of unrealized gains on its enterprise funds investments. |
||||