Crane Lake Water & Sanitary District BALANCE SHEET as of 7/31/10
ASSETS
	Current Assets
		Checking/Savings
			100-Orr Bank
				Administrative Fund		1,439.55
				Eastern Service Area Fund		99,887.00
				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	27,010.64
				Total GC Sewer Operating Fund		27,010.64
			Total 100-Orr Bank			129,337.19
			104-Savings-AB-S.A.R.			99,459.88
			105-Savings AB-C.R.			11,433.82
		Total Checking/Savings				240,230.89
		Other Current Assets
			115-AR/RVS Summary			8,161.24
		Total Other Current Assets				8,161.24
	Total Current Assets					248,392.13
	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				22,815.28
		156-Accum. Depreciate				-255,647.09
	Total Fixed Assets					3,105,893.16
TOTAL ASSETS						3,354,285.29
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				201-Accounts Payable		22,028.44
			Total Accounts Payable			22,028.44
			Other Current Liabilities
				211-Accrued Interest		54,712.22
				Payroll Liabilities
					FIT & FICA Payable	535.30
					SIT Payable	187.00
				Total Payroll Liabilities		722.30
			Total Other Current Liabilities			55,434.52
		Total Current Liabilities				77,462.96
		Long Term Liabilities
			222-Rural Development Loan			1,330,000.00
		Total Long Term Liabilities				1,330,000.00
	Total Liabilities					1,407,462.96
	Equity
		255-Contributed Capital				169,294.00
		256-Retained Earnings				1,675,873.79
		Net Income				101,654.54
	Total Equity					1,946,822.33
TOTAL LIABILITIES & EQUITY						3,354,285.29