CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - SEPTEMBER 2004
ADMINISTRATIVE & OTHER EXPENSE
         
    August   September
    Year-to-Date September Year-To-Date
         
Beginning Cash Balance    $             5,547  $         180,307  $             5,547
         
Plus Receipts:        
   Administrative:        
      St. Louis County    $           37,423  $                      -        $           37,423
      League of Minnesota Cities                     262  -                   262
      State of Minnesota                     220  -                   220
      Other                     279  -                   279
  Gold Coast Project:        
      Special Assessements               148,669  -             148,669
      Service Connections    -                8,000                8,000
      Base Charge    -                4,525                4,525
  I.S.T.S. Grant - MPCA                  7,905  -                7,905
  Eastern Service Area    -  -                       -
         
      Total Receipts    $         194,758  $           12,525  $         207,283
         
Total Cash Available    $         200,305  $         192,832  $         212,830
         
Less Disbursements:        
   Administrative:        
      Attorney Fees    $             2,359  $                      -  $             2,359
      Clerical Service                  2,884  -                2,884
      Consultants    -  -                       -
      Engineering Fees                     163  -                   163
      Board Expense    -  -                       -
      Insurance    -  -                       -
      Supplies & Equipment                     970                1,365                2,335
      Other Services                  1,347                   365                1,712
   Gold Coast Project:        
      Supplies & Equipment    -                   292                   292
   I.S.T.S. Grant - Kuder/Sanborn                 10,000  -               10,000
   Eastern Service Area:        
      Engineering Fees                  2,275  -                2,275
         
      Total Disbursements    $           19,998  $             2,022  $           22,020
         
Ending Cash Balance    $         180,307  $         190,810  $         190,810
         
         
         
M.J.White        
10/04/2004        
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - SEPTEMBER 2004
GOLD COAST PROJECT
         
    August   September
    Year-to-Date September Year-To-Date
         
Beginning Cash Balance    $           15,903  $             2,884  $           15,903
         
Plus Receipts:        
      St. Louis County - CDBG    $                      -  $                      -  $                    -
      U.S. Army Corps of Engineers                     490               60,077               60,567
      Rural Development Loan    -  -                       -
      Rural Development - Grant               389,023  -             389,023
      PFA Grant               610,062               25,446             635,508
      Other                  1,071  -                1,071
                              -
      Total Receipts    $      1,000,646  $           85,523  $      1,086,169
         
Total Cash Available    $      1,016,549  $           88,407  $      1,102,072
         
Less Disbursements:        
      Admin. Fund    $                      -  $                      -  $                    -
      Engineering Fees                 82,504  -               82,504
      Attorney Fees                 12,090  -               12,090
      Consultant Fees                  4,608  -                4,608
      License/Permits                     505  -                   505
      Financing    -  -                       -
      Collection System               482,352               48,932             531,284
      Treatment Plant               420,623               25,446             446,069
      Utilities                  9,423  -                9,423
                              -
      Other                  1,560  -                1,560
         
      Total Disbursements    $      1,013,665  $           74,378  $      1,088,043
         
Ending Cash Balance    $             2,884  $           14,029  $           14,029
         
         
         
         
         
         
         
         
         
M.J.White        
10/04/2004        
         
         
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - SEPTEMBER 2004 YTD
FUND BALANCES as of 09/30-04
         
       
  Balance Plus Less Balance
  12/31/2003 Receipts Disbursements 09/30/2004
         
Administrative  $               3,452  $           38,184  $          (11,728)  $           29,908
         
I.S.T.S. Grant                   2,095                7,905              (10,000)                       -
         
Gold Coast Project:        
         
   Construction                 15,903          1,086,169         (1,088,043)               14,029
         
   Special Assessments  -             148,669  -             148,669
         
   Service Connections  -                8,000  -                8,000
         
   Base Charges - 4525 -                4,525
         
   Other - -                  (292)                  (292)
         
     Total  $              21,450  $      1,293,452  $     (1,110,063)  $         204,839
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
MJW        
10/04/2004        
         
         
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - SEPTEMBER 2004
RECEIPTS/INVOICES ON HAND
 
         
      Amount
         
Administrative        
         
    Receipts on Hand        
         
      Base Charges - September        $           350.00
         
         
    Invoices on Hand        
         
      RVS Software  Billings    $             51.46  
      ElyMinnesota  Software                 102.22  
      Quill  Office Supplies                 271.33  
      League of MN Cities  Dues              1,194.00  
      League of MN Cities  Insurance              2,132.00  
         $        3,751.01
         
Gold Coast Project      
         
   Invoices on Hand        
         
      Construction:        
        RLK-Kuusisto  July    $      11,586.69  
        RLK-Kuusisto  August              3,303.17  
        Cope & Peterson  August              1,943.15  
        Cope & Peterson  September              1,653.75  
          Total G.C. Construction                18,486.76
         
      Other Gold Coast:        
        Northeast Tech. Service  Service Conn.    $           807.50  
        Northeast Tech. Service  Plant Start-up              2,325.00  
        Northeast Tech. Service  System Start-up              3,852.89  
        Northeast Tech. Service  Water Balance                 732.50  
        Environmental Fin. Group  Funding Meeting                 750.00  
        Lake Country Power  Lift Station-Sept                  35.14  
        Lake Country Power  Plant - Sept   184.18  
          Total G.C. Other                  8,687.21
         
         $      30,924.98
         
M.J.White        
10/05/2004        
         
         
CRANE LAKE WATER & SANITARY DISTRICT
TREASURER'S REPORT - SEPTEMBER 2004
GOLD COAST PROJECT SUMMARY
         
    2003 Sept. 2004 Project
    Total Year-To-Date To-Date
         
Beginning Cash Balance    $           17,695  $           15,903  $           17,695
         
Plus Receipts:        
      St. Louis County - CDBG    $           25,706  $                       -  $           25,706
      U.S. Army Corps of Engineers               142,017               60,567             202,584
      Rural Development Loan            1,390,000  -          1,390,000
      Rural Development - Grant                 42,848             389,023             431,871
      PFA Grant    -             635,508             635,508
         
      Other    -                1,071                1,071
         
      Total Receipts    $      1,600,571  $      1,086,169  $      2,686,740
         
Total Cash Available    $      1,618,266  $      1,102,072  $      2,704,435
         
Less Disbursements:        
      Admin. Fund    $           15,000  $                      -  $           15,000
      Engineering Fees               195,075               82,504             277,579
      Attorney Fees                  7,249               12,090               19,339
      Consultant Fees                 17,930                4,608               22,538
      License/Permits                  1,156                   505                1,661
      Financing               104,691  -             104,691
      Collection System               816,089             531,284          1,347,373
      Treatment Plant               444,195             446,069             890,264
      Utilities    -                9,423                9,423
                              -
      Other                     978                1,560                2,538
         
      Total Disbursements    $      1,602,363  $      1,088,043  $      2,690,406
         
Ending Cash Balance    $           15,903  $           14,029  $           14,029
         
         
         
         
         
         
         
         
M.J.White        
10/04/2004        
         
         
CRANE LAKE WATER & SANITARY DISTRICT
ADMINISTRATIVE EXPENSE BUDGET COMPARISON
SEPTEMBER 2004 YEAR-TO-DATE
         
    2004 September YTD Budget
    Budget Actual Balance
         
Beginning Cash Balance    $           15,000  $             3,452  $           11,548
         
Plus Receipts:        
   St. Louis County - Levy    $           77,250  $           37,423  $           39,827
   Gold Coast Project    -  -  -
         
   Other Receipts                  1,000                   761                   239
         
      Total Receipts    $           78,250  $           38,184  $           40,066
         
Total Cash Available    $           93,250  $           41,636  $           51,614
         
Less Disbursements:        
      Attorney Fees    $           12,000  $             2,359  $             9,641
      Consulting Fees                 10,000  -               10,000
      Engineering Fees                 10,000                2,438                7,562
      Clerical Services                  5,000                2,884                2,116
      Supplies & Equipment                  3,000                2,335                   665
      Insurance                  3,500  -                3,500
      Financial/Audits                  1,000  -                1,000
      Fees & Memberships                     500  -                   500
      Board Direct Expenses                  1,500  -                1,500
      Other Services                  2,000                1,712                   288
         
      Contingency                 29,750  -               29,750
                              -
      Total Disbursements    $           78,250  $           11,728  $           66,522
         
Ending Cash Balance    $           15,000  $           29,908  $          (14,908)
         
         
         
         
         
         
         
         
         
         
M.J.White        
10/04/2004