| CLWSD - BALANCE SHEET - As of June 30, 20007 | 08/01/2007 | ||||||||
| ASSETS | |||||||||
| Current Assets | |||||||||
| Checking/Savings | |||||||||
| 100-Orr Bank | |||||||||
| Administrative Fund | 28,793.29 | ||||||||
| Debt Service Fund | |||||||||
| Operation Transfer Fund | 8,000.00 | ||||||||
| Special Assessment Revenue Fund | 45,303.71 | ||||||||
| Total Debt Service Fund | 53,303.71 | ||||||||
| GC Capital Reserve Fund | |||||||||
| Hookup Fee Fund | 14,300.00 | ||||||||
| Operating Reserve Fund | 4,450.00 | ||||||||
| Total GC Capital Reserve Fund | 18,750.00 | ||||||||
| GC Sewer Operating Fund | |||||||||
| Base Volume Charge Fund | 39,273.74 | ||||||||
| Service Connection Fund | 13,350.00 | ||||||||
| Total GC Sewer Operating Fund | 52,623.74 | ||||||||
| Total 100-Orr Bank | 153,470.74 | ||||||||
| 102-Border State Bank | 8,689.38 | ||||||||
| Total Checking/Savings | 162,160.12 | ||||||||
| Other Current Assets | |||||||||
| 115-AR/RVS Summary | 6,163.62 | ||||||||
| Total Other Current Assets | 6,163.62 | ||||||||
| Total Current Assets | 168,323.74 | ||||||||
| Fixed Assets | |||||||||
| 140-Land | 15,024.00 | ||||||||
| 150-Office Equipment | 5,865.60 | ||||||||
| 151-Accumulated Depr. Off.Equip | -2,968.00 | ||||||||
| 155-Equipment | 8,265.00 | ||||||||
| 156-Accum. Depreciate Equip | -787.14 | ||||||||
| 160-Construction In Progress | 3,317,030.51 | ||||||||
| Total Fixed Assets | 3,342,429.97 | ||||||||
| TOTAL ASSETS | 3,510,753.71 | ||||||||
| LIABILITIES & EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | |||||||||
| 201-Accounts Payable | 94,787.75 | ||||||||
| Total Accounts Payable | 94,787.75 | ||||||||
| Total Current Liabilities | 94,787.75 | ||||||||
| Long Term Liabilities | |||||||||
| 222-Rural Development Loan | 1,327,250.00 | ||||||||
| Total Long Term Liabilities | 1,327,250.00 | ||||||||
| Total Liabilities | 1,422,037.75 | ||||||||
| Equity | |||||||||
| 255-Contributed Capitol | 169,294.00 | ||||||||
| 256-Retained Earnings | 2,030,898.21 | ||||||||
| Net Income | -111,476.25 | ||||||||
| Total Equity | 2,088,715.96 | ||||||||
| TOTAL LIABILITIES & EQUITY | 3,510,753.71 | ||||||||