Crane Lake Water & Sanitary District PROFIT & LOSS by CLASS  January 2011
					Administrative		G.C. Operating		S.A. Revenue		TOTAL
	Ordinary Income/Expense
		Income
			301-Base/Volume Charges
				GC Base Charges	0.00		6,529.60		0.00		6,529.60
				GC Volume Charge	0.00		1,000.51		0.00		1,000.51
				Late Fees	0.00		62.81		0.00		62.81
			Total 301-Base/Volume Charges		0.00		7,592.92		0.00		7,592.92
		Total Income			0.00		7,592.92		0.00		7,592.92
		Expense
			514-Chemicals		0.00		1,159.32		0.00		1,159.32
			535-Postage and Delivery		0.00		19.60		0.00		19.60
			537-Professional Fees
				Accounting	250.00		0.00		0.00		250.00
				Consulting	2,035.00		0.00		0.00		2,035.00
			Total 537-Professional Fees		2,285.00		0.00		0.00		2,285.00
			539- Payroll Taxes
				FICA	48.14		97.13		0.00		145.27
				Medicare	11.26		22.71		0.00		33.97
			Total 539- Payroll Taxes		59.40		119.84		0.00		179.24
			561-Technical Services
				Non Routine/Emergency	0.00		420.00		0.00		420.00
				Technical-Routine	0.00		1,207.20		0.00		1,207.20
			Total 561-Technical Services		0.00		1,627.20		0.00		1,627.20
			562-Telephone		103.90		147.43		0.00		251.33
			565-Utilities
				Electric Lift	0.00		78.56		0.00		78.56
				Electric Plant	0.00		1,223.05		0.00		1,223.05
				Waters Edge  Manhole	0.00		46.14		0.00		46.14
				White Pines Manhole	0.00		73.53		0.00		73.53
			Total 565-Utilities		0.00		1,421.28		0.00		1,421.28
			751-Interest Expense		0.00		0.00		26,096.13		26,096.13
			Payroll Expenses		776.49		1,566.50		0.00		2,342.99
		Total Expense			3,224.79		6,061.17		26,096.13		35,382.09
	Net Ordinary Income				-3,224.79		1,531.75		-26,096.13		-27,789.17
	Other Income/Expense
		Other Income
			702-St Louis Cnty-Property Tax		614.43		0.00		0.00		614.43
			703-Special Assessments Revenue		0.00		0.00		1,439.73		1,439.73
		Total Other Income			614.43		0.00		1,439.73		2,054.16
	Net Other Income				614.43		0.00		1,439.73		2,054.16
Net Income					-2,610.36		1,531.75		-24,656.40		-25,735.01