Crane Lake Water & Sanitary District BALANCE SHEET as of 6/1/18 |
|
|
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
|
|
|
Administrative Fund |
91,289.49 |
|
|
|
|
|
|
|
Eastern Service Area Fund |
|
|
|
|
|
|
|
|
|
Legacy Grant Fund |
-35,688.76 |
|
|
|
|
|
|
|
|
Legacy Grant Fund-Kicker Blvd |
59,341.74 |
|
|
|
|
|
|
|
Total Eastern Service Area Fund |
23,652.98 |
|
|
|
|
|
|
|
GC Capital Reserve Fund |
|
|
|
|
|
|
|
|
|
Operating Reserve Fund |
50,000.00 |
|
|
|
|
|
|
|
|
WIF System Replacement Fund |
2,825.54 |
|
|
|
|
|
|
|
Total GC Capital Reserve Fund |
52,825.54 |
|
|
|
|
|
|
|
GC Sewer Operating Fund |
|
|
|
|
|
|
|
|
|
Base Volume Charge Fund |
36,011.93 |
|
|
|
|
|
|
|
|
Service Connection Fund |
-500.00 |
|
|
|
|
|
|
|
Total GC Sewer Operating Fund |
35,511.93 |
|
|
|
|
|
|
Total 100-Orr Bank |
203,279.94 |
|
|
|
|
|
|
104-Savings-AB-S.A.R. |
112,782.67 |
|
|
|
|
|
|
105-Savings AB-C.R. |
49,725.06 |
|
|
|
|
|
|
107-SavingsAB-Debt Service |
113,667.88 |
|
|
|
|
|
Total Checking/Savings |
479,455.55 |
|
|
|
|
|
Accounts Receivable |
|
|
|
|
|
|
|
111-Accounts Receivable |
71,426.58 |
|
|
|
|
|
Total Accounts Receivable |
71,426.58 |
|
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
115-AR/RVS Summary |
-2,574.82 |
|
|
|
|
|
|
Undeposited Funds |
7,500.00 |
|
|
|
|
|
Total Other Current Assets |
4,925.18 |
|
|
|
|
Total Current Assets |
555,807.31 |
|
|
|
|
Fixed Assets |
|
|
|
|
|
|
|
140-Land & Land Improvements |
178,236.98 |
|
|
|
|
|
142-Infrastructure |
2,790,272.01 |
|
|
|
|
|
144-Building & Improvements |
716,918.00 |
|
|
|
|
|
150-Office Equipment |
7,597.40 |
|
|
|
|
|
155-Equipment |
343,445.66 |
|
|
|
|
|
156-Accum. Depreciate |
-1,010,803.76 |
|
|
|
|
|
160-Construction In Progress |
1,138,856.38 |
|
|
|
|
Total Fixed Assets |
4,164,522.67 |
|
|
|
TOTAL ASSETS |
|
4,720,329.98 |
|
|
|
LIABILITIES & EQUITY |
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
|
|
|
201-Accounts Payable |
150,803.43 |
|
|
|
|
|
|
Total Accounts Payable |
150,803.43 |
|
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
|
|
|
211-Accrued Interest |
32,601.35 |
|
|
|
|
|
|
|
231-Note Payable |
60,061.11 |
|
|
|
|
|
|
|
Payroll Liabilities |
|
|
|
|
|
|
|
|
|
FIT & FICA Payable |
1,520.78 |
|
|
|
|
|
|
|
|
SIT Payable |
542.00 |
|
|
|
|
|
|
|
Total Payroll Liabilities |
2,062.78 |
|
|
|
|
|
|
Total Other Current Liabilities |
94,725.24 |
|
|
|
|
|
Total Current Liabilities |
245,528.67 |
|
|
|
|
|
Long Term Liabilities |
|
|
|
|
|
|
|
222-Rural Development Loan |
1,322,283.53 |
|
|
|
|
|
Total Long Term Liabilities |
1,322,283.53 |
|
|
|
|
Total Liabilities |
1,567,812.20 |
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
255-Contributed Capital |
2,916,568.36 |
|
|
|
|
|
256-Retained Earnings |
216,877.48 |
|
|
|
|
|
Net Income |
19,071.94 |
|
|
|
|
Total Equity |
|
3,152,517.78 |
|
|
|
TOTAL LIABILITIES & EQUITY |
4,720,329.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|