| Crane Lake Water & Sanitary District BALANCE SHEET as of 2/28/17 |
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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 |
117,961.46 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
5,045.76 |
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Legacy Grant Fund |
-371.60 |
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Total Eastern Service Area Fund |
4,674.16 |
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GC Capital Reserve Fund |
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WIF System Replacement Fund |
2,649.54 |
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Total GC Capital Reserve Fund |
2,649.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
34,535.45 |
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Total GC Sewer Operating Fund |
34,535.45 |
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Total 100-Orr Bank |
159,820.61 |
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104-Savings-AB-S.A.R. |
70,650.58 |
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105-Savings AB-C.R. |
89,352.68 |
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106-Savings AB-IRRRB |
147,006.04 |
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Total Checking/Savings |
466,829.91 |
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Accounts Receivable |
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111-Accounts Receivable |
28,866.28 |
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Total Accounts Receivable |
28,866.28 |
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Other Current Assets |
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115-AR/RVS Summary |
-2,934.54 |
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Total Other Current Assets |
-2,934.54 |
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Total Current Assets |
492,761.65 |
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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 |
7,597.40 |
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155-Equipment |
112,619.54 |
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156-Accum. Depreciate |
-803,666.88 |
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160-Construction In Progress |
730,379.00 |
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Total Fixed Assets |
3,698,096.05 |
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| TOTAL ASSETS |
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4,190,857.70 |
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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 |
14,503.23 |
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Total Accounts Payable |
14,503.23 |
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Other Current Liabilities |
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211-Accrued Interest |
33,825.66 |
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Payroll Liabilities |
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FIT & FICA Payable |
579.14 |
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SIT Payable |
139.00 |
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Total Payroll Liabilities |
718.14 |
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Total Other Current Liabilities |
34,543.80 |
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Total Current Liabilities |
49,047.03 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,349,689.39 |
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Total Long Term Liabilities |
1,349,689.39 |
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Total Liabilities |
1,398,736.42 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,651,515.14 |
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Net Income |
-28,687.86 |
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Total Equity |
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2,792,121.28 |
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| TOTAL LIABILITIES & EQUITY |
4,190,857.70 |
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