| CLWSD – BALANCE SHEET PREV. YEAR COMPARISON as of 2/28/13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb 28, 13 |
|
Feb 29, 12 |
|
|
| ASSETS |
|
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
|
|
|
|
Administrative Fund |
49,711.86 |
|
9,774.15 |
|
|
|
|
|
|
Debt Service Fund |
|
|
|
|
|
|
|
|
|
|
Special Assessment Revenue Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
Total Debt Service Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
Eastern Service Area Fund |
2,559.15 |
|
6,703.15 |
|
|
|
|
|
|
GC Capital Reserve Fund |
|
|
|
|
|
|
|
|
|
|
Operating Reserve Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
|
WIF System Replacement Fund |
1,869.28 |
|
0.00 |
|
|
|
|
|
|
Total GC Capital Reserve Fund |
2,869.28 |
|
1,000.00 |
|
|
|
|
|
|
GC Sewer Operating Fund |
|
|
|
|
|
|
|
|
|
|
Base Volume Charge Fund |
26,912.85 |
|
13,858.00 |
|
|
|
|
|
|
|
Service Connection Fund |
2,250.00 |
|
900.00 |
|
|
|
|
|
|
Total GC Sewer Operating Fund |
29,162.85 |
|
14,758.00 |
|
|
|
|
|
Total 100-Orr Bank |
85,303.14 |
|
33,235.30 |
|
|
|
|
|
104-Savings-AB-S.A.R. |
70,912.04 |
|
46,183.87 |
|
|
|
|
|
105-Savings AB-C.R. |
11,831.77 |
|
1,697.12 |
|
|
|
|
Total Checking/Savings |
168,046.95 |
|
81,116.29 |
|
|
|
|
Accounts Receivable |
|
|
|
|
|
|
|
|
111-Accounts Receivable |
1,608.14 |
|
0.00 |
|
|
|
|
Total Accounts Receivable |
1,608.14 |
|
0.00 |
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
|
115-AR/RVS Summary |
4,464.38 |
|
3,706.08 |
|
|
|
|
Total Other Current Assets |
4,464.38 |
|
3,706.08 |
|
|
|
Total Current Assets |
174,119.47 |
|
84,822.37 |
|
|
|
Fixed Assets |
|
|
|
|
|
|
|
|
140-Land & Land Improvements |
177,560.63 |
|
177,560.63 |
|
|
|
|
142-Infrastructure |
2,472,640.74 |
|
2,472,640.74 |
|
|
|
|
144-Building & Improvements |
682,658.00 |
|
682,658.00 |
|
|
|
|
150-Office Equipment |
5,865.60 |
|
5,865.60 |
|
|
|
|
155-Equipment |
40,297.38 |
|
40,297.38 |
|
|
|
|
156-Accum. Depreciate |
-513,606.97 |
|
-513,606.97 |
|
|
|
|
160-Construction In Progress |
303,411.01 |
|
303,411.01 |
|
|
|
Total Fixed Assets |
3,168,826.39 |
|
3,168,826.39 |
|
|
| TOTAL ASSETS |
|
3,342,945.86 |
|
3,253,648.76 |
|
|
| LIABILITIES & EQUITY |
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
|
|
|
|
201-Accounts Payable |
6,120.92 |
|
11,624.94 |
|
|
|
|
|
Total Accounts Payable |
6,120.92 |
|
11,624.94 |
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
|
|
|
|
211-Accrued Interest |
34,416.62 |
|
34,416.62 |
|
|
|
|
|
|
Payroll Liabilities |
|
|
|
|
|
|
|
|
|
|
FIT & FICA Payable |
1,155.14 |
|
935.04 |
|
|
|
|
|
|
|
SIT Payable |
280.00 |
|
236.00 |
|
|
|
|
|
|
Total Payroll Liabilities |
1,435.14 |
|
1,171.04 |
|
|
|
|
|
Total Other Current Liabilities |
35,851.76 |
|
35,587.66 |
|
|
|
|
Total Current Liabilities |
41,972.68 |
|
47,212.60 |
|
|
|
|
Long Term Liabilities |
|
|
|
|
|
|
|
|
222-Rural Development Loan |
1,453,102.46 |
|
1,453,102.46 |
|
|
|
|
Total Long Term Liabilities |
1,453,102.46 |
|
1,453,102.46 |
|
|
|
Total Liabilities |
1,495,075.14 |
|
1,500,315.06 |
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
169,294.00 |
|
|
|
|
256-Retained Earnings |
1,718,053.02 |
|
1,641,326.04 |
|
|
|
|
Net Income |
-39,476.30 |
|
-57,286.34 |
|
|
|
Total Equity |
|
1,847,870.72 |
|
1,753,333.70 |
|
|
| TOTAL LIABILITIES & EQUITY |
3,342,945.86 |
|
3,253,648.76 |
|
|
|
