Crane Lake Water & Sanitary District
Profit & Loss by Class											07/08/2008
May 2008
					Administrative		E. S. Area		G.C. Operating		TOTAL
	Ordinary Income/Expense
		Income
			301-Base/Volume Charges
				GC Base Charges	0.00		0.00		7,230.72		7,230.72
				GC Hookup Fee	0.00		0.00		350.00		350.00
				GC Volume Charge Income	0.00		0.00		1,508.10		1,508.10
				Late Fees	0.00		0.00		114.64		114.64
			Total 301-Base/Volume Charges		0.00		0.00		9,203.46		9,203.46
		Total Income			0.00		0.00		9,203.46		9,203.46
		Expense
			514-Chemicals		0.00		0.00		1,095.14		1,095.14
			520-Fuel		0.00		0.00		58.55		58.55
			534-Office Supplies		93.75		0.00		0.00		93.75
			537-Professional Fees
				Accounting	100.00		0.00		0.00		100.00
				Consulting	0.00		1,817.68		0.00		1,817.68
				Legal	1,942.19		0.00		0.00		1,942.19
			Total 537-Professional Fees		2,042.19		1,817.68		0.00		3,859.87
			545-Repairs
				GC Repairs	0.00		0.00		150.00		150.00
			Total 545-Repairs		0.00		0.00		150.00		150.00
			561-Technical Services
				Non Routine/Emergency	0.00		0.00		114.00		114.00
				Technical-Routine	0.00		0.00		1,354.50		1,354.50
			Total 561-Technical Services		0.00		0.00		1,468.50		1,468.50
			562-Telephone		87.20		0.00		136.49		223.69
			563-Travel & Ent		2,272.34		0.00		0.00		2,272.34
			565-Utilities
				Electric Lift	0.00		0.00		68.09		68.09
				Electric Plant	0.00		0.00		982.30		982.30
			Total 565-Utilities		0.00		0.00		1,050.39		1,050.39
			Payroll Expenses		503.62		0.00		3,886.42		4,390.04
		Total Expense			4,999.10		1,817.68		7,845.49		14,662.27
	Net Ordinary Income				-4,999.10		-1,817.68		1,357.97		-5,458.81
	Other Income/Expense
		Other Income
			Interest Income		0.00		0.00		117.96		117.96
		Total Other Income			0.00		0.00		117.96		117.96
	Net Other Income				0.00		0.00		117.96		117.96
Net Income					-4,999.10		-1,817.68		1,475.93		-5,340.85