Page 197 - 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

Equipment
Fleet Replacement Unfunded
Operations Reserve Liabilities Total
Cash Flows from Operating Activities
Cash receipts from customers $ 2,436,273 $ 1,075,235 $ - $ 9,225,722
Payments to suppliers (1,248,626) - - (10,356,372)
Payments to employees (795,369) - - (2,305,946)
Cash paid for claims - - - (4,388,198)
Net cash provided by (used for) operating activities 392,278 1,075,235 - (7,824,794)
Cash Flows from Noncapital Financing Activities
Cash transfers in 45,000 - 570,892 15,505,892
Cash transfers out (2,516,298) - - (3,383,431)
Net cash provided by (used for) noncapital financing
activities (2,471,298) - 570,892 12,122,461
Cash Flows from Capital and Related Financing Activities
Acquisition and construction of capital assets - - - (129,170)
Proceeds from sale of asset 60,503 22,253 - 82,756
Net cash provided by (used for) capital and related
financing activities 60,503 22,253 - (46,414)
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 (2,018,517) 1,097,488 570,892 (15,895,970)
Balances ‐ beginning of year 12,716,645 25,061,474 9,321,339 98,270,376
Balances ‐ end of the year $ 10,698,128 $ 26,158,962 $ 9,892,231 $ 82,374,406
Reconciliation of operating income (loss) to net cash
provided by (used for) operating activities:
Operating income (loss) $ 342,425 $ 1,075,235 $ - $ (8,017,202)
Adjustments to reconcile operating income (loss) to net
cash provided by (used for) operating activities
Depreciation 10,795 - - 1,215,509
(Increase) decrease in assets:
Customer receivables 20,000 - - 19,995
Prepaid cost 709 - - (846,461)
Inventories (5,150) - - (24,250)
Increase (decrease) in liabilities:
Accounts payable (43,375) - - (249,781)
Self insurance payable - - - (18,000)
Compensated absences 66,874 - - 95,396
Net cash provided by (used for) operating activities $ 392,278 $ 1,075,235 $ - $ (7,824,794)

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