WS - D - Tiffin FS - FY 2023

City of Tiffin Statement of Cash Receipts, Disbursements, and Changes in Cash Balances - Proprietary Funds Year Ended June 30, 2023 Enterprise Funds Water Sewer Recycling Storm Water (600-608) (610-618) (670) (740) Total Operating Receipts Charges for services $ 1,180,037 $ 1,267,335 $ 443,540 $ 101,417 2,992,329 Miscellaneous 14,427 14,060 - - 28,487 Total operating receipts 1,194,464 1,281,395 443,540 101,417 3,020,816 Operating Disbursements Business type activities 837,767 689,464 469,464 27,545 2,024,240 Excess of operating receipts over operating disbursements 356,697 591,931 (25,924) 73,872 996,576 Nonoperating Receipts (Disbursements) Debt service (22,440) (508,200) - - (530,640) Capital projects (966,170) (14,255) - - (980,425) Total nonoperating (988,610) (522,455) - - (1,511,065) receipts (disbursements) Excess of reciepts over (under) disbursements (631,913) 69,476 (25,924) 73,872 (514,489) Other Financing Sources (Uses) Transfers in 88,000 - - - 88,000 Change in cash balances (543,913) 69,476 (25,924) 73,872 (426,489) Cash Balances Beginning of year 2,302,899 821,378 151,047 349,387 3,624,711 End of year $ 1,758,986 $ 890,854 $ 125,123 $ 423,259 $ 3,198,222 Cash Basis Fund Balances Restricted for Capital projects $ - $ 642,677 $ - $ - $ 642,677 Utility deposits 39,465 - - - 39,465 Unrestricted 1,719,521 248,177 125,123 423,259 2,516,080 Total cash basis fund balances $ 1,758,986 $ 890,854 $ 125,123 $ 423,259 $ 3,198,222 See notes to basic financial statements. 14