Crane Lake Water & Sanitary District BALANCE SHEET as of August 31, 2013 |
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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 |
54,798.64 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,000.00 |
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Total Debt Service Fund |
1,000.00 |
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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 |
1,869.28 |
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Total GC Capital Reserve Fund |
2,869.28 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
28,536.55 |
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Service Connection Fund |
4,743.58 |
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Total GC Sewer Operating Fund |
33,280.13 |
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Total 100-Orr Bank |
781,534.05 |
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104-Savings-AB-S.A.R. |
97,933.96 |
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105-Savings AB-C.R. |
17,832.58 |
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Total Checking/Savings |
897,300.59 |
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Accounts Receivable |
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111-Accounts Receivable |
253.75 |
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Total Accounts Receivable |
253.75 |
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Other Current Assets |
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115-AR/RVS Summary |
3,805.12 |
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Total Other Current Assets |
3,805.12 |
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Total Current Assets |
901,359.46 |
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Fixed Assets |
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140-Land & Land Improvements |
177,560.63 |
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142-Infrastructure |
2,472,640.74 |
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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 |
44,512.53 |
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156-Accum. Depreciate |
-513,606.97 |
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160-Construction In Progress |
303,411.01 |
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Total Fixed Assets |
3,174,581.02 |
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TOTAL ASSETS |
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4,075,940.48 |
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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 |
6,501.04 |
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Total Accounts Payable |
6,501.04 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.62 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,568.72 |
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SIT Payable |
350.60 |
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Total Payroll Liabilities |
1,919.32 |
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Total Other Current Liabilities |
36,335.94 |
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Total Current Liabilities |
42,836.98 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,453,102.46 |
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Total Long Term Liabilities |
1,453,102.46 |
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Total Liabilities |
1,495,939.44 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
1,716,203.02 |
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Net Income |
694,504.02 |
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Total Equity |
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2,580,001.04 |
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TOTAL LIABILITIES & EQUITY |
4,075,940.48 |
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