Crane Lake, Minnesota Water & Sanitary District  
Crane Lake, Minnesota Water & Sanitary District - Menu
Crane Lake Water & Sanitary District BALANCE SHEET as of 8/31/17
ASSETS
Current Assets
Checking/Savings
100-Orr Bank
Administrative Fund 114,275.53
Eastern Service Area Fund
IRRRB Grant Fund 57,135.56
Legacy Grant Fund -77,999.74
Legacy Grant Fund-Kicker Blvd 60,000.00
Total Eastern Service Area Fund 39,135.82
GC Capital Reserve Fund
WIF System Replacement Fund 2,649.54
Total GC Capital Reserve Fund 2,649.54
GC Sewer Operating Fund
Base Volume Charge Fund 22,750.22
Total GC Sewer Operating Fund 22,750.22
Total 100-Orr Bank 178,811.11
104-Savings-AB-S.A.R. 118,697.44
105-Savings AB-C.R. 92,512.89
106-Savings AB-IRRRB 78,097.11
Total Checking/Savings 468,118.55
Accounts Receivable
111-Accounts Receivable 96,457.27
Total Accounts Receivable 96,457.27
Other Current Assets
115-AR/RVS Summary 802.92
Total Other Current Assets 802.92
Total Current Assets 565,378.74
Fixed Assets
140-Land & Land Improvements 178,236.98
142-Infrastructure 2,790,272.01
144-Building & Improvements 682,658.00
150-Office Equipment 7,597.40
155-Equipment 187,379.04
156-Accum. Depreciate -907,113.64
160-Construction In Progress 973,161.57
Total Fixed Assets 3,912,191.36
TOTAL ASSETS 4,477,570.10
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
201-Accounts Payable 50,499.63
Total Accounts Payable 50,499.63
Other Current Liabilities
211-Accrued Interest 33,220.69
Payroll Liabilities
FIT & FICA Payable 1,591.84
SIT Payable 492.00
Total Payroll Liabilities 2,083.84
Total Other Current Liabilities 35,304.53
Total Current Liabilities 85,804.16
Long Term Liabilities
222-Rural Development Loan 1,349,689.39
Total Long Term Liabilities 1,349,689.39
Total Liabilities 1,435,493.55
Equity
255-Contributed Capital 2,916,568.36
256-Retained Earnings 44,456.56
Net Income 81,051.63
Total Equity 3,042,076.55
TOTAL LIABILITIES & EQUITY 4,477,570.10
FINANCIALS MINUTES · NEWSLETTERS MAPS REGULATIONS BULLETIN BOARD FAQ CONTACT US HOME
Crane Lake Water & Sanitary District
P.O. Box 306 · Crane Lake, Minnesota 55725
© 2001 CLWSD