| Crane Lake Water & Sanitary District BALANCE SHEET as of 8/31/15 |
|
|
|
|
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
|
|
|
Administrative Fund |
-28,423.30 |
|
|
|
|
|
|
|
Debt Service Fund |
|
|
|
|
|
|
|
|
|
Special Assessment Revenue Fund |
1,000.00 |
|
|
|
|
|
|
|
Total Debt Service Fund |
1,000.00 |
|
|
|
|
|
|
|
Eastern Service Area Fund |
|
|
|
|
|
|
|
|
|
IRRRB Grant Fund |
82,314.29 |
|
|
|
|
|
|
|
|
State Bonding Fund |
358,172.63 |
|
|
|
|
|
|
|
Total Eastern Service Area Fund |
440,486.92 |
|
|
|
|
|
|
|
GC Capital Reserve Fund |
|
|
|
|
|
|
|
|
|
Operating Reserve Fund |
1,000.00 |
|
|
|
|
|
|
|
|
WIF System Replacement Fund |
2,268.83 |
|
|
|
|
|
|
|
Total GC Capital Reserve Fund |
3,268.83 |
|
|
|
|
|
|
|
GC Sewer Operating Fund |
|
|
|
|
|
|
|
|
|
Base Volume Charge Fund |
44,621.96 |
|
|
|
|
|
|
|
|
Infrastructure Settle Fund |
50,439.52 |
|
|
|
|
|
|
|
|
Service Connection Fund |
3,250.00 |
|
|
|
|
|
|
|
Total GC Sewer Operating Fund |
98,311.48 |
|
|
|
|
|
|
|
Insurance Claim Fund |
-52,368.46 |
|
|
|
|
|
|
Total 100-Orr Bank |
462,275.47 |
|
|
|
|
|
|
104-Savings-AB-S.A.R. |
70,814.30 |
|
|
|
|
|
|
105-Savings AB-C.R. |
24,832.99 |
|
|
|
|
|
Total Checking/Savings |
557,922.76 |
|
|
|
|
|
Accounts Receivable |
|
|
|
|
|
|
|
111-Accounts Receivable |
54,826.16 |
|
|
|
|
|
Total Accounts Receivable |
54,826.16 |
|
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
115-AR/RVS Summary |
7,440.81 |
|
|
|
|
|
Total Other Current Assets |
7,440.81 |
|
|
|
|
Total Current Assets |
620,189.73 |
|
|
|
|
Fixed Assets |
|
|
|
|
|
|
|
140-Land & Land Improvements |
178,236.98 |
|
|
|
|
|
142-Infrastructure |
2,790,272.01 |
|
|
|
|
|
144-Building & Improvements |
682,658.00 |
|
|
|
|
|
150-Office Equipment |
7,405.08 |
|
|
|
|
|
155-Equipment |
103,787.66 |
|
|
|
|
|
156-Accum. Depreciate |
-703,260.61 |
|
|
|
|
|
160-Construction In Progress |
620,554.25 |
|
|
|
|
Total Fixed Assets |
3,679,653.37 |
|
|
|
| TOTAL ASSETS |
|
4,299,843.10 |
|
|
|
| LIABILITIES & EQUITY |
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
|
|
|
201-Accounts Payable |
88,235.48 |
|
|
|
|
|
|
Total Accounts Payable |
88,235.48 |
|
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
|
|
|
211-Accrued Interest |
34,416.59 |
|
|
|
|
|
|
|
Payroll Liabilities |
|
|
|
|
|
|
|
|
|
FIT & FICA Payable |
1,852.66 |
|
|
|
|
|
|
|
|
SIT Payable |
275.57 |
|
|
|
|
|
|
|
Total Payroll Liabilities |
2,128.23 |
|
|
|
|
|
|
Total Other Current Liabilities |
36,544.82 |
|
|
|
|
|
Total Current Liabilities |
124,780.30 |
|
|
|
|
|
Long Term Liabilities |
|
|
|
|
|
|
|
222-Rural Development Loan |
1,402,608.53 |
|
|
|
|
|
Total Long Term Liabilities |
1,402,608.53 |
|
|
|
|
Total Liabilities |
1,527,388.83 |
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
|
|
|
256-Retained Earnings |
2,404,260.80 |
|
|
|
|
|
Net Income |
198,899.47 |
|
|
|
|
Total Equity |
|
2,772,454.27 |
|
|
|
| TOTAL LIABILITIES & EQUITY |
4,299,843.10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
