Page 44 - 2019-20 CAFR

Rogue Community College

Statement of Cash Flows
For the year ended June 30, 2020

College

CASH FLOWS FROM OPERATING ACTIVITIES
$ 16,991,206
Student tuition and fees
Student financial aid grants 444,473

Federal, state and local government grants and contracts 11,417,267

Payments to suppliers for goods and services (12,654,522)
Payments to employees (34,125,934)

Payments for student financial aid and other scholarships (15,491,959)
Auxiliary enterprises:
Cash received from customers 1,220,817
Paid to suppliers for resale materials (890,136)
Net cash used in operating activities (33,088,788)

CASH FLOWS FROM NON­CAPITAL FINANCING ACTIVITIES
Cash received from property taxes 18,050,449
Cash received from state community college support fund 13,630,772
Federal financial aid 9,508,403

Principal paid on pension bonds (1,135,000)

Interest paid on pension bonds (691,356)
Cash from other non operating sources 1,283,102

Net cash provided by non­capital financing activities 40,646,370
CASH FLOWS FROM CAPITAL FINANCING ACTIVITIES
Purchase of capital assets (12,429,714)
Capital contributions 6,824,754
Principal paid on capital­related long­term debt (2,400,000)

Interest paid on capital­related long­term debt (1,127,650)

Net cash used in capital financing activities (9,132,610)

CASH FLOWS FROM INVESTING ACTIVITIES
Investment income (loss) 1,026,532
NET DECREASE IN CASH (548,496)

Cash and cash equivalents, beginning of year 41,346,685
Cash and cash equivalents, end of year $ 40,798,189

See notes to basic financial statements.
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