CLWSD Balance Sheet as of November 30, 2007									12/27/2007
						Nov 30, 07
ASSETS
	Current Assets
		Checking/Savings
			100-Orr Bank
				Administrative Fund		30,401.65
				Debt Service Fund
					Operation Transfer Fund	12,000.00
					Special Assessment Revenue Fund	71,299.63
				Total Debt Service Fund		83,299.63
				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	45,042.60
					Service Connection Fund	13,350.00
				Total GC Sewer Operating Fund		58,392.60
			Total 100-Orr Bank			190,843.88
		Total Checking/Savings				190,843.88
		Other Current Assets
			115-AR/RVS Summary			6,183.16
		Total Other Current Assets				6,183.16
	Total Current Assets					197,027.04
	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				3,317,835.51
	Total Fixed Assets					3,343,234.97
TOTAL ASSETS						3,540,262.01
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				201-Accounts Payable		87,671.53
			Total Accounts Payable			87,671.53
			Other Current Liabilities
				Payroll Liabilities		2,049.43
			Total Other Current Liabilities			2,049.43
		Total Current Liabilities				89,720.96
		Long Term Liabilities
			222-Rural Development Loan			1,327,250.00
		Total Long Term Liabilities				1,327,250.00
	Total Liabilities					1,416,970.96
	Equity
		255-Contributed Capital				169,294.00
		256-Retained Earnings				2,030,898.21
		Net Income				-76,901.16
	Total Equity					2,123,291.05
TOTAL LIABILITIES & EQUITY						3,540,262.01