CLWSD - Balance Sheet as of August 31, 2008									09/30/2008
ASSETS
	Current Assets
		Checking/Savings
			100-Orr Bank
				Administrative Fund		41,603.04
				GC Capital Reserve Fund
					Operating Reserve Fund	1,000.00
				Total GC Capital Reserve Fund		1,000.00
				GC Sewer Operating Fund
					Base Volume Charge Fund	26,352.84
					Service Connection Fund	14,050.00
				Total GC Sewer Operating Fund		40,402.84
			Total 100-Orr Bank			83,005.88
			103-CD 0001-AB			13,117.96
			104-Savings-AB-S.A.R.			19,326.28
			105-Savings AB-C.R.			25,250.00
		Total Checking/Savings				140,700.12
		Other Current Assets
			115-AR/RVS Summary			6,009.27
		Total Other Current Assets				6,009.27
	Total Current Assets					146,709.39
	Fixed Assets
		140-Land				15,024.00
		150-Office Equipment				5,865.60
		151-Accumulated Depr. Off.Equip				-2,968.00
		155-Equipment				8,265.00
		156-Accum. Depreciate Equip				-787.14
		160-Construction In Progress				3,317,835.51
	Total Fixed Assets					3,343,234.97
TOTAL ASSETS						3,489,944.36
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				201-Accounts Payable		46,207.42
			Total Accounts Payable			46,207.42
			Other Current Liabilities
				Payroll Liabilities		1,669.02
			Total Other Current Liabilities			1,669.02
		Total Current Liabilities				47,876.44
		Long Term Liabilities
			222-Rural Development Loan			1,297,250.00
		Total Long Term Liabilities				1,297,250.00
	Total Liabilities					1,345,126.44
	Equity
		255-Contributed Capital				169,294.00
		256-Retained Earnings				1,996,777.06
		Net Income				-21,253.14
	Total Equity					2,144,817.92
TOTAL LIABILITIES & EQUITY						3,489,944.36