| CLWSD - BALANCE SHEET as of October 31, 2007 | 11/29/2007 | |||||||||
| Oct 31, 07 | ||||||||||
| ASSETS | ||||||||||
| Current Assets | ||||||||||
| Checking/Savings | ||||||||||
| 100-Orr Bank | ||||||||||
| Administrative Fund | 33,083.07 | |||||||||
| 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 | 42,665.84 | |||||||||
| Service Connection Fund | 13,350.00 | |||||||||
| Total GC Sewer Operating Fund | 56,015.84 | |||||||||
| Total 100-Orr Bank | 191,148.54 | |||||||||
| Total Checking/Savings | 191,148.54 | |||||||||
| Other Current Assets | ||||||||||
| 115-AR/RVS Summary | 5,931.19 | |||||||||
| Total Other Current Assets | 5,931.19 | |||||||||
| Total Current Assets | 197,079.73 | |||||||||
| 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 | 3,540,314.70 | |||||||||
| LIABILITIES & EQUITY | ||||||||||
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | ||||||||||
| 201-Accounts Payable | 121,592.44 | |||||||||
| Total Accounts Payable | 121,592.44 | |||||||||
| Other Current Liabilities | ||||||||||
| Payroll Liabilities | 1,414.35 | |||||||||
| Total Other Current Liabilities | 1,414.35 | |||||||||
| Total Current Liabilities | 123,006.79 | |||||||||
| Long Term Liabilities | ||||||||||
| 222-Rural Development Loan | 1,327,250.00 | |||||||||
| Total Long Term Liabilities | 1,327,250.00 | |||||||||
| Total Liabilities | 1,450,256.79 | |||||||||
| Equity | ||||||||||
| 255-Contributed Capital | 169,294.00 | |||||||||
| 256-Retained Earnings | 2,030,898.21 | |||||||||
| Net Income | -110,134.30 | |||||||||
| Total Equity | 2,090,057.91 | |||||||||
| TOTAL LIABILITIES & EQUITY | 3,540,314.70 | |||||||||