Crane Lake Water & Sanitary District BALANCE SHEET as of August 31, 2011
ASSETS
	Current Assets
		Checking/Savings
			100-Orr Bank
				Administrative Fund		2,032.91
				Debt Service Fund
					Special Assessment Revenue Fund	1,000.00
				Total Debt Service Fund		1,000.00
				Eastern Service Area Fund		1,174.15
				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	35,560.49
					Service Connection Fund	300.00
				Total GC Sewer Operating Fund		35,860.49
			Total 100-Orr Bank			41,067.55
			104-Savings-AB-S.A.R.			77,914.16
			105-Savings AB-C.R.			1,691.49
		Total Checking/Savings				120,673.20
		Other Current Assets
			115-AR/RVS Summary			3,860.48
		Total Other Current Assets				3,860.48
	Total Current Assets					124,533.68
	Fixed Assets
		140-Land & Land Improvements				177,560.63
		142-Infrastructure				2,472,640.74
		144-Building & Improvements				682,658.00
		150-Office Equipment				5,865.60
		155-Equipment				40,297.38
		156-Accum. Depreciate				-339,881.56
	Total Fixed Assets					3,039,140.79
TOTAL ASSETS						3,163,674.47
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				201-Accounts Payable		16,934.91
			Total Accounts Payable			16,934.91
			Other Current Liabilities
				211-Accrued Interest		109,574.72
				Payroll Liabilities
					FIT & FICA Payable	1,207.55
					SIT Payable	325.00
				Total Payroll Liabilities		1,532.55
			Total Other Current Liabilities			111,107.27
		Total Current Liabilities				128,042.18
		Long Term Liabilities
			222-Rural Development Loan			1,330,000.00
		Total Long Term Liabilities				1,330,000.00
	Total Liabilities					1,458,042.18
	Equity
		255-Contributed Capital				169,294.00
		256-Retained Earnings				1,621,472.84
		Net Income				-85,134.55
	Total Equity					1,705,632.29
TOTAL LIABILITIES & EQUITY						3,163,674.47