CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - JULY 2004
ADMINISTRATIVE EXPENSE
		June		July
		Year-to-Date	July	Year-To-Date
Beginning Cash Balance		$             5,547	$         166,561	$             5,547
Plus Receipts:
Administrative:
St. Louis County		$           37,423	-	$           37,423
League of Minnesota Cities		262	-	262
State of Minnesota		220	-	220
Other		279	-	279
Gold Coast Project:
Special Assessements		132,520	15,734	148,254
I.S.T.S. Grant - MPCA		7,905	-	7,905
Eastern Service Area		-	-	-
Total Receipts		$         178,609	$           15,734	$         194,343
Total Cash Available		$         184,156	$         182,295	$         199,890
Less Disbursements:
Administrative:
Attorney Fees		$             2,359	$                      -	$             2,359
Clerical Service		1,018	1,866	2,884
Consultants		-	-	-
Engineering Fees		163	-	163
Board Expense		-	-	-
Insurance		-	-	-
Supplies & Equipment		864	-	864
Other Services		916	377	1,293
I.S.T.S. Grant - Kuder/Sanborn		10,000	-	10,000
Eastern Service Area:
Engineering Fees		2,275	-	2,275
Total Disbursements		$           17,595	$             2,243	$           19,838
Ending Cash Balance		$         166,561	$         180,052	$         180,052
M.J.White
07/31/2004
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - JULY 2004
GOLD COAST PROJECT
		June		July
		Year-to-Date	July	Year-To-Date
Beginning Cash Balance		$           15,903	$             3,111	$           15,903
Plus Receipts:
St. Louis County - CDBG		$                      -	$                      -	$                    -
U.S. Army Corps of Engineers		490	-	490
Rural Development Loan		-	-	-
Rural Development - Grant		134,288	116,973	251,261
PFA Grant		316,830	-	316,830
Other		1,071	-	1,071
				-
Total Receipts		$         452,679	$         116,973	$         569,652
Total Cash Available		$         468,582	$         120,084	$         585,555
Less Disbursements:
Admin. Fund		$                      -	$                      -	$                    -
Engineering Fees		62,874	14,987	77,861
Attorney Fees		12,075	15	12,090
Consultant Fees		4,608	-	4,608
License/Permits		505	-	505
Financing		-	-	-
Collection System		76,505	100,000	176,505
Treatment Plant		300,119	-	300,119
Utilities		7,225	1,971	9,196
				-
Other		1,560	-	1,560
Total Disbursements		$         465,471	$         116,973	$         582,444
Ending Cash Balance		$             3,111	$             3,111	$             3,111
M.J.White
07/31/2004
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - JULY 2004
FUND BALANCES
	Balance	Plus	Less	Balance
	12/31/2003	Receipts	Disbursements	07/31/2004
Administrative	$               3,452	$           38,184	$            (9,838)	$           31,798
I.S.T.S. Grant	2,095	7,905	(10,000)	-
Special Assessments	-	148,254	-	148,254
Gold Coast Project	15,903	569,652	(582,444)	3,111
Total	$              21,450	$         763,995	$        (602,282)	$         183,163
MJW
07/31/2004
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - JULY 2004
RECEIPTS/INVOICES ON HAND
				Amount
Administrative
Receipts on Hand				None
Invoices on Hand				None
Gold Coast Project
Receipts on Hand				None
Invoices on Hand
Northeast Tech. Services	Const. Mat'l Test		$        1,701.67
RLK-Kuusisto	Eng. Fees		19,702.50
Total Invoices - Project				$      21,404.17
Total on Hand				$      21,404.17
M.J.White
07/31/2004
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - JULY 2004
GOLD COAST PROJECT SUMMARY
		2003	July 2004	Project
		Total	Year-To-Date	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	490	142,507
Rural Development Loan		1,390,000	-	1,390,000
Rural Development - Grant		42,848	251,261	294,109
PFA Grant		-	316,830	316,830
Other		-	1,071	1,071
Total Receipts		$      1,600,571	$         569,652	$      2,170,223
Total Cash Available		$      1,618,266	$         585,555	$      2,187,918
Less Disbursements:
Admin. Fund		$           15,000	$                      -	$           15,000
Engineering Fees		195,075	77,861	272,936
Attorney Fees		7,249	12,090	19,339
Consultant Fees		17,930	4,608	22,538
License/Permits		1,156	505	1,661
Financing		104,691	-	104,691
Collection System		816,089	176,505	992,594
Treatment Plant		444,195	300,119	744,314
Utilities		-	9,196	9,196
				-
Other		978	1,560	2,538
Total Disbursements		$      1,602,363	$         582,444	$      2,184,807
Ending Cash Balance		$           15,903	$             3,111	$             3,111
M.J.White
07/31/2004
CRANE LAKE WATER & SANITARY DISTRICT
ADMINISTRATIVE EXPENSE BUDGET COMPARISON
JULY, 2004 YEAR-TO-DATE
		2004	July YTD	Budget
		Budget	Actual	Balance
Beginning Cash Balance		$           15,000	$             3,452	$           31,798
Plus Receipts:
St. Louis County - Levy		$           77,250	$           37,423	$           39,827
Gold Coast Project		-	-	-
Other Receipts		1,000	761	239
Total Receipts		$           78,250	$           38,184	$           40,066
Total Cash Available		$           93,250	$           41,636	$           71,864
Less Disbursements:
Attorney Fees		$           12,000	$             2,359	$             9,641
Consulting Fees		10,000	-	10,000
Engineering Fees		10,000	2,438	7,562
Clerical Services		5,000	2,884	2,116
Supplies & Equipment		3,000	864	2,136
Insurance		3,500	-	3,500
Financial/Audits		1,000	-	1,000
Fees & Memberships		500	-	500
Board Direct Expenses		1,500	-	1,500
Other Services		2,000	1,293	707
Contingency		29,750	-	29,750
				-
Total Disbursements		$           78,250	$             9,838	$           68,412
Ending Cash Balance		$           15,000	$           31,798	$             3,452
M.J.White
07/31/2004