| Crane Lake Water & Sanitary District BALANCE SHEET as of 4/30/14 |
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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 |
44,003.88 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
999.96 |
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Total Debt Service Fund |
999.96 |
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Eastern Service Area Fund |
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Legacy Grant Fund |
375,000.00 |
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State Bonding Fund |
314,586.00 |
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Total Eastern Service Area Fund |
689,586.00 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
1,000.00 |
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WIF System Replacement Fund |
2,063.46 |
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Total GC Capital Reserve Fund |
3,063.46 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
9,661.57 |
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Infrastructure Settle Fund |
107,500.00 |
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Service Connection Fund |
3,250.00 |
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Total GC Sewer Operating Fund |
120,411.57 |
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Total 100-Orr Bank |
858,064.87 |
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104-Savings-AB-S.A.R. |
65,053.79 |
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105-Savings AB-C.R. |
26,797.61 |
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Total Checking/Savings |
949,916.27 |
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Other Current Assets |
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115-AR/RVS Summary |
6,477.48 |
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Total Other Current Assets |
6,477.48 |
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Total Current Assets |
956,393.75 |
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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 |
682,658.00 |
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150-Office Equipment |
7,405.08 |
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155-Equipment |
66,253.93 |
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156-Accum. Depreciate |
-607,818.32 |
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Total Fixed Assets |
3,117,007.68 |
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| TOTAL ASSETS |
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4,073,401.43 |
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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 |
14,723.05 |
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Total Accounts Payable |
14,723.05 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.60 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,488.08 |
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SIT Payable |
322.60 |
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Total Payroll Liabilities |
1,810.68 |
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Total Other Current Liabilities |
36,227.28 |
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Total Current Liabilities |
50,950.33 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,428,151.78 |
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Total Long Term Liabilities |
1,428,151.78 |
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Total Liabilities |
1,479,102.11 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,366,065.22 |
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Net Income |
58,940.10 |
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Total Equity |
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2,594,299.32 |
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| TOTAL LIABILITIES & EQUITY |
4,073,401.43 |
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