Crane Lake Water &
Sanitary District BALANCE SHEET as of 7/31/20 | |
ASSETS | Current Assets | Checking/Savings | 100-Orr Bank | Administrative Fund | 31,155.58 | Debt Service Fund | Special Assessment Revenue Fund | 15,794.06 | Total Debt Service Fund | 15,794.06 | Eastern Service Area Fund | Legacy Grant Fund | -5,773.29 | Legacy Grant Fund-Kicker Blvd | 48,647.80 | Total Eastern Service
Area Fund | 42,874.51 | GC Capital Reserve Fund | WIF System Replacement Fund | 3,171.54 | Total GC Capital Reserve
Fund | 3,171.54 | GC Sewer Operating Fund | Base Volume Charge Fund | 43,283.31 | Service Connection Fund | 350.00 | Total GC Sewer Operating
Fund | 43,633.31 | Total 100-Orr Bank | 136,629.00 | 104-Savings-AB-S.A.R. | 47,585.68 | 105-Savings AB-C.R. | 121,113.59 | 107-SavingsAB-Debt
Service | 208,951.78 | Total Checking/Savings | 514,280.05 | Accounts Receivable | 111-Accounts Receivable | 43,596.04 | Total Accounts Receivable | 43,596.04 | Other Current Assets | 112-Due From Other
Governments | 1,705.49 | 113-Special Assessments
Recvabl | 254,373.95 | 115-AR/RVS Summary | -706.52 | Total Other Current
Assets | 255,372.92 | Total Current Assets | 813,249.01 | Fixed Assets | 140-Land & Land
Improvements | 216,232.08 | 142-Infrastructure | 5,838,044.98 | 144-Building &
Improvements | 744,618.00 | 155-Equipment | 356,067.51 | 156-Accum. Depreciate | -1,533,284.00 | Total Fixed Assets | 5,621,678.57 | TOTAL
ASSETS | 6,434,927.58 | LIABILITIES
& EQUITY | Liabilities | Current Liabilities | Accounts Payable | 201-Accounts Payable | 32,998.43 | Total Accounts Payable | 32,998.43 | Other Current Liabilities | 211-Accrued Interest | 30,737.77 | Payroll Liabilities | FIT & FICA Payable | 2,218.86 | SIT Payable | 370.00 | Payroll Liabilities – Other | 513.65 | Total Payroll Liabilities | 3,102.51 | PERA Payable | 253.73 | Total Other Current
Liabilities | 34,094.01 | Total Current Liabilities | 67,092.44 | Long Term Liabilities | 222-Rural Development
Loan | 1,265,503.66 | 230-MN PCA-CWP Loan | 52,594.82 | Total Long Term
Liabilities | 1,318,098.48 | Total Liabilities | 1,385,190.92 | Equity | 255-Net Invest in Capital
Asset | 4,318,629.95 | 256-Retained Earnings | 767,157.78 | Net Income | -36,051.07 | Total Equity | 5,049,736.66 | TOTAL
LIABILITIES & EQUITY | 6,434,927.58 |
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