Page 196 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley, California

Combining Statement of Cash Flows
Internal Service Funds
For the Year Ended June 30, 2025

General Workers’
Liability Compensation Technology Facilities
Insurance Insurance Services Maintenance
Cash Flows from Operating Activities
Cash receipts from customers $ 1,083,934 $ 519,057 $ 195,000 $ 3,916,223
Payments to suppliers (2,504,907) (84,122) (16,625) (6,502,092)
Payments to employees (164,435) (65,483) - (1,280,659)
Cash paid for claims (3,588,423) (799,775) - -
Net cash provided by (used for) operating activities (5,173,831) (430,323) 178,375 (3,866,528)
Cash Flows from Noncapital Financing Activities
Cash transfers in 3,665,000 - 725,000 10,500,000
Cash transfers out - - - (867,133)
Net cash provided by (used for) noncapital financing
activities 3,665,000 - 725,000 9,632,867
Cash Flows from Capital and Related Financing Activities
Acquisition and construction of capital assets - - - (129,170)
Proceeds from sale of asset - - - -
Net cash provided by (used for) capital and related
financing activities - - - (129,170)
Cash Flows from Investing Activities
Advances to other funds - - - (20,147,223)

Net cash provided by (used for) investing activities - - - (20,147,223)

Net increase (decrease) in cash and cash equivalents (1,508,831) (430,323) 903,375 (14,510,054)

Balances ‐ beginning of year 5,842,460 4,459,596 9,932,987 30,935,875
Balances ‐ end of the year $ 4,333,629 $ 4,029,273 $ 10,836,362 $ 16,425,821
Reconciliation of operating income (loss) to net cash
provided by (used for) operating activities:
Operating income (loss) $ (4,018,980) $ (712,307) $ (612,698) $ (4,090,877)
Adjustments to reconcile operating income (loss) to net
cash provided by (used for) operating activities
Depreciation - - 807,698 397,016
(Increase) decrease in assets:
Customer receivables - - - (5)
Prepaid cost (849,916) 1,250 - 1,496
Inventories - - - (19,100)
Increase (decrease) in liabilities:
Accounts payable - (13,266) (16,625) (176,515)
Self insurance payable (312,000) 294,000 - -
Compensated absences 7,065 - - 21,457
Net cash provided by (used for) operating activities $ (5,173,831) $ (430,323) $ 178,375 $ (3,866,528)

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