| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| TREASURER'S REPORT - DECEMBER 2004 | ||||
| ADMINISTRATIVE & OTHER EXPENSE | ||||
| November | Total | |||
| Year-to-Date | December | 2004 | ||
| Beginning Cash Balance | $ 5,547 | $ 208,860 | $ 5,547 | |
| Plus Receipts: | ||||
| Administrative: | ||||
| St. Louis County | $ 37,423 | $ 36,537.00 | $ 73,960 | |
| League of Minnesota Cities | 262 | 282 | 544 | |
| State of Minnesota | 1,278 | 1,070 | 2,348 | |
| Other | 71 | - | 71 | |
| Gold Coast Project: | ||||
| Special Assessements | 161,544 | 17,172 | 178,716 | |
| Service Connections | 10,400 | - | 10,400 | |
| Base Charge | 13,100 | 9,025 | 22,125 | |
| Other | 400 | 176 | 576 | |
| I.S.T.S. Grant - MPCA | 7,905 | - | 7,905 | |
| Total Receipts | $ 232,383 | $ 64,262 | $ 296,645 | |
| Total Cash Available | $ 237,930 | $ 273,122 | $ 302,192 | |
| Less Disbursements: | ||||
| Administrative: | ||||
| Attorney Fees | $ 2,359 | $ 3,792 | $ 6,151 | |
| Clerical Service | 4,290 | - | 4,290 | |
| Consultants | - | 840 | 840 | |
| Engineering Fees | 2,438 | - | 2,438 | |
| Insurance | $ 3,326 | - | 3,326 | |
| Supplies & Equipment | 2,760 | 406 | 3,166 | |
| Other Services | 1,802 | - | 1,802 | |
| Gold Coast Project: | ||||
| NTS Services | 539 | 6,539 | 7,078 | |
| Chemicals | 590 | 259 | 849 | |
| Utilities | 629 | 613 | 1,242 | |
| Other | 337 | - | 337 | |
| I.S.T.S. Grant - Kuder/Sanborn | 10,000 | - | 10,000 | |
| Total Disbursements | $ 29,070 | $ 12,449 | $ 41,519 | |
| Ending Cash Balance | $ 208,860 | $ 260,673 | $ 260,673 | |
| M.J.White | ||||
| 01/04/2005 | ||||
| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| TREASURER'S REPORT - DECEMBER 2004 | ||||
| GOLD COAST PROJECT | ||||
| November | 2004 | |||
| Year-to-Date | December | Total | ||
| Beginning Cash Balance | $ 15,903 | $ 14,257 | $ 15,903 | |
| Plus Receipts: | ||||
| U.S. Army Corps of Engineers | 60,567 | - | 60,567 | |
| Rural Development Loan | - | - | - | |
| Rural Development - Grant | 411,012 | 36,096 | 447,108 | |
| PFA Grant | 665,177 | 25,000 | 690,177 | |
| Other | 1,071 | - | 1,071 | |
| - | ||||
| Total Receipts | $ 1,137,827 | $ 61,096 | $ 1,198,923 | |
| Total Cash Available | $ 1,153,730 | $ 75,353 | $ 1,214,826 | |
| Less Disbursements: | ||||
| Admin. Fund | $ - | $ - | $ - | |
| Engineering Fees | 97,801 | 3,303 | 101,104 | |
| Attorney Fees | 12,090 | 3,597 | 15,687 | |
| Consultant Fees | 6,083 | 750 | 6,833 | |
| License/Permits | 505 | - | 505 | |
| Financing | - | - | - | |
| Collection System | 545,504 | 42,493 | 587,997 | |
| Treatment Plant | 461,518 | 6,368 | 467,886 | |
| Utilities | 9,523 | - | 9,523 | |
| NTS - Start-up Expense | 4,834 | 4,585 | 9,419 | |
| Other | 1,615 | - | 1,615 | |
| Total Disbursements | $ 1,139,473 | $ 61,096 | $ 1,200,569 | |
| Ending Cash Balance | $ 14,257 | $ 14,257 | $ 14,257 | |
| M.J.White | ||||
| 01/04/2005 | ||||
| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| TREASURER'S REPORT - TOTAL YEAR 2004 | ||||
| FUND BALANCES as of 12/31-04 | ||||
| Balance | Plus | Less | Balance | |
| 12/31/2003 | Receipts | Disbursements | 12/31/2004 | |
| Administrative | $ 3,452 | $ 76,923 | $ (22,013) | $ 58,362 |
| I.S.T.S. Grant | 2,095 | 7,905 | (10,000) | - |
| Gold Coast Project: | ||||
| Construction | 15,903 | 1,198,923 | (1,200,569) | 14,257 |
| Special Assessments | - | 178,716 | - | 178,716 |
| Service Connections | - | 10,800 | - | 10,800 |
| Base Charges | - | 22,125 | - | 22,125 |
| Volume Rate | - | 176 | (9,506) | (9,330) |
| Total | $ 21,450 | $ 1,495,568 | $ (1,242,088) | $ 274,930 |
| MJW | ||||
| 01/05/2005 | ||||
| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| TREASURER'S REPORT - DECEMBER 2004 | ||||
| INVOICES ON HAND - 01/04-05 | ||||
| Amount | ||||
| Administrative | ||||
| Quill | Office Supplies | $ 115.37 | ||
| Quill | Office Supplies | 23.41 | ||
| Minnesota Rural Water | Dues | 195.00 | ||
| RLK-Kuusisto | ESA | 240.00 | ||
| Glorvigen, Theis, Lind & Co. | Certified Audit | 4,000.00 | ||
| Total Admin. | $ 4,573.78 | |||
| Facilities Oper. & Maint. | ||||
| Minn. DVS | Gen.Trlr.License | $ 18.50 | ||
| Nagurski Oil | Generator Fuel | 203.84 | ||
| Hawkins | Alum. Sulfate | 111.49 | ||
| Hawkins | Alum. Sulfate | 157.98 | ||
| Anderson's Outfitters | Mini-Storage(Annual) | 605.00 | ||
| Lake Country Power | Plant | 481.36 | ||
| Lake Country Power | Lift Station | 27.00 | ||
| Northeast Tech. Services | Nov. Operation | 5,673.75 | ||
| Total Oper. & Maint. | $ 7,278.92 | |||
| Facilities Construction | ||||
| Glorvigen, Theis, Lind & Co | Single Audit | $ 3,500.00 | ||
| Cope & Peterson | Dec 2004 - Easements | 330.00 | ||
| RLK-Kuusisto | Oct 2004 - Construction | 755.00 | ||
| RLK-Kuusisto | Nov 2004 - Hookups | 1,650.00 | ||
| Environmental Financial Group | Nov 2004 - Spec. Assess. | 570.00 | ||
| Total Construction | $ 6,805.00 | |||
| Total Invoices on Hand | $ 18,657.70 | |||
| M.J.White | ||||
| 01/04/2005 | ||||
| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| TREASURER'S REPORT - DECEMBER 2004 | ||||
| GOLD COAST PROJECT SUMMARY | ||||
| 2003 | 2004 | Project | ||
| Total | Total | To-Date | ||
| Beginning Cash Balance | $ 17,695 | $ 15,903 | $ 17,695 | |
| Plus Receipts: | ||||
| St. Louis County - CDBG | $ 25,706 | $ - | $ 25,706 | |
| U.S. Army Corps of Engineers | 142,017 | 60,567 | 202,584 | |
| Rural Development Loan | 1,390,000 | - | 1,390,000 | |
| Rural Development - Grant | 42,848 | 447,108 | 489,956 | |
| PFA Grant | - | 690,177 | 690,177 | |
| Other | - | 1,071 | 1,071 | |
| Total Receipts | $ 1,600,571 | $ 1,198,923 | $ 2,799,494 | |
| Total Cash Available | $ 1,618,266 | $ 1,214,826 | $ 2,817,189 | |
| Less Disbursements: | ||||
| Admin. Fund | $ 15,000 | $ - | $ 15,000 | |
| Engineering Fees | 195,075 | 101,104 | 296,179 | |
| Attorney Fees | 7,249 | 15,687 | 22,936 | |
| Consultant Fees | 17,930 | 6,833 | 24,763 | |
| License/Permits | 1,156 | 505 | 1,661 | |
| Financing | 104,691 | - | 104,691 | |
| Collection System | 816,089 | 587,997 | 1,404,086 | |
| Treatment Plant | 444,195 | 467,886 | 912,081 | |
| Utilities | - | 9,523 | 9,523 | |
| NTS - Start-up Expense | - | 9,419 | 9,419 | |
| Other | 978 | 1,615 | 2,593 | |
| Total Disbursements | $ 1,602,363 | $ 1,200,569 | $ 2,802,932 | |
| Ending Cash Balance | $ 15,903 | $ 14,257 | $ 14,257 | |
| M.J.White | ||||
| 01/05/2005 | ||||
| CRANE LAKE WATER & SANITARY DISTRICT | ||||
| ADMINISTRATIVE EXPENSE BUDGET COMPARISON | ||||
| 2004 TOTAL YEAR | ||||
| 2004 | 2004 | Actual | ||
| Budget | Actual | (More)/Less | ||
| Beginning Cash Balance | $ 15,000 | $ 3,452 | $ 11,548 | |
| Plus Receipts: | ||||
| St. Louis County - Levy | $ 77,250 | $ 73,960 | $ 3,290 | |
| State of Minnesota | - | 2,348 | (2,348) | |
| Gold Coast Project | - | - | - | |
| Other Receipts | 1,000 | 615 | 385 | |
| Total Receipts | $ 78,250 | $ 76,923 | $ 1,327 | |
| Total Cash Available | $ 93,250 | $ 80,375 | $ 12,875 | |
| Less Disbursements: | ||||
| Attorney Fees | $ 12,000 | $ 6,151 | $ 5,849 | |
| Consulting Fees | 10,000 | 840 | $ 9,160 | |
| Engineering Fees | 10,000 | 2,438 | 7,562 | |
| Clerical Services | 5,000 | 4,290 | 710 | |
| Supplies & Equipment | 3,000 | 3,166 | (166) | |
| Insurance | 3,500 | $ 3,326 | 174 | |
| Financial/Audits | 1,000 | - | 1,000 | |
| Fees & Memberships | 500 | - | 500 | |
| Board Direct Expenses | 1,500 | - | 1,500 | |
| Other Services | 2,000 | 1,802 | 198 | |
| Contingency | 29,750 | - | 29,750 | |
| - | ||||
| Total Disbursements | $ 78,250 | $ 22,013 | $ 56,237 | |
| Ending Cash Balance | $ 15,000 | $ 58,362 | $ (43,362) | |
| M.J.White | ||||
| 01/05/2005 | ||||