| Crane Lake Water & Sanitary District BALANCE SHEET as of July 31, 2018 |
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| ASSETS |
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Current Assets |
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Checking/Savings |
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100-Orr Bank |
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Administrative Fund |
100,067.83 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
15,587.80 |
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Total Debt Service Fund |
15,587.80 |
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Eastern Service Area Fund |
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Legacy Grant Fund |
389.99 |
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Legacy Grant Fund-Kicker Blvd |
59,341.74 |
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Total Eastern Service Area Fund |
59,731.73 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
50,000.00 |
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WIF System Replacement Fund |
2,825.54 |
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Total GC Capital Reserve Fund |
52,825.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
34,629.07 |
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Service Connection Fund |
-500.00 |
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Total GC Sewer Operating Fund |
34,129.07 |
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Total 100-Orr Bank |
262,341.97 |
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104-Savings-AB-S.A.R. |
112,782.67 |
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105-Savings AB-C.R. |
49,725.06 |
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107-SavingsAB-Debt Service |
113,667.88 |
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Total Checking/Savings |
538,517.58 |
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Accounts Receivable |
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111-Accounts Receivable |
70,357.94 |
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Total Accounts Receivable |
70,357.94 |
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Other Current Assets |
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115-AR/RVS Summary |
-1,614.68 |
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Undeposited Funds |
8,000.00 |
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Total Other Current Assets |
6,385.32 |
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Total Current Assets |
615,260.84 |
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Fixed Assets |
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140-Land & Land Improvements |
178,236.98 |
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142-Infrastructure |
2,790,272.01 |
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144-Building & Improvements |
716,918.00 |
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150-Office Equipment |
7,597.40 |
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155-Equipment |
343,445.66 |
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156-Accum. Depreciate |
-1,010,803.76 |
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160-Construction In Progress |
1,138,856.38 |
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Total Fixed Assets |
4,164,522.67 |
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| TOTAL ASSETS |
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4,779,783.51 |
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| LIABILITIES & EQUITY |
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Liabilities |
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Current Liabilities |
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Accounts Payable |
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201-Accounts Payable |
47,902.46 |
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Total Accounts Payable |
47,902.46 |
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Other Current Liabilities |
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211-Accrued Interest |
32,601.35 |
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231-Note Payable |
59,706.82 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,559.60 |
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SIT Payable |
267.00 |
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Total Payroll Liabilities |
1,826.60 |
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Total Other Current Liabilities |
94,134.77 |
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Total Current Liabilities |
142,037.23 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,322,283.53 |
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Total Long Term Liabilities |
1,322,283.53 |
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Total Liabilities |
1,464,320.76 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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256-Retained Earnings |
216,877.48 |
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Net Income |
182,016.91 |
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Total Equity |
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3,315,462.75 |
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| TOTAL LIABILITIES & EQUITY |
4,779,783.51 |
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