| Crane Lake Water & Sanitary District BALANCE SHEET as of 8/31/18 |
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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 |
96,770.09 |
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Eastern Service Area Fund |
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Legacy Grant Fund |
-42,443.43 |
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Legacy Grant Fund-Kicker Blvd |
59,341.74 |
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Total Eastern Service Area Fund |
16,898.31 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
50,000.00 |
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WIF System Replacement Fund |
2,825.54 |
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Total GC Capital Reserve Fund |
52,825.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
37,853.38 |
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Total GC Sewer Operating Fund |
37,853.38 |
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Total 100-Orr Bank |
204,347.32 |
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104-Savings-AB-S.A.R. |
128,444.85 |
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105-Savings AB-C.R. |
49,753.00 |
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107-SavingsAB-Debt Service |
121,929.40 |
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Total Checking/Savings |
504,474.57 |
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Accounts Receivable |
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111-Accounts Receivable |
62,287.41 |
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Total Accounts Receivable |
62,287.41 |
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Other Current Assets |
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115-AR/RVS Summary |
900.26 |
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Total Other Current Assets |
900.26 |
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Total Current Assets |
567,662.24 |
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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 |
716,918.00 |
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150-Office Equipment |
7,597.40 |
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155-Equipment |
347,245.66 |
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156-Accum. Depreciate |
-1,010,803.76 |
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160-Construction In Progress |
1,138,856.38 |
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Total Fixed Assets |
4,168,322.67 |
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| TOTAL ASSETS |
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4,735,984.91 |
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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 |
53,881.36 |
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Total Accounts Payable |
53,881.36 |
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Other Current Liabilities |
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211-Accrued Interest |
32,601.35 |
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231-Note Payable |
59,363.89 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,444.88 |
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SIT Payable |
518.00 |
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Total Payroll Liabilities |
1,962.88 |
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Total Other Current Liabilities |
93,928.12 |
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Total Current Liabilities |
147,809.48 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,322,283.53 |
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Total Long Term Liabilities |
1,322,283.53 |
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Total Liabilities |
1,470,093.01 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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256-Retained Earnings |
209,377.48 |
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Net Income |
139,946.06 |
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Total Equity |
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3,265,891.90 |
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| TOTAL LIABILITIES & EQUITY |
4,735,984.91 |
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