Crane Lake Water & Sanitary District BALANCE SHEET as of 2/28/14 |
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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 |
66,699.58 |
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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 |
682,036.00 |
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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 |
15,627.65 |
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Service Connection Fund |
2,900.00 |
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Total GC Sewer Operating Fund |
18,527.65 |
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Total 100-Orr Bank |
771,326.65 |
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104-Savings-AB-S.A.R. |
56,509.64 |
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105-Savings AB-C.R. |
26,797.61 |
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Total Checking/Savings |
854,633.90 |
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Accounts Receivable |
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111-Accounts Receivable |
8,748.15 |
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Total Accounts Receivable |
8,748.15 |
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Other Current Assets |
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115-AR/RVS Summary |
4,337.30 |
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Total Other Current Assets |
4,337.30 |
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Total Current Assets |
867,719.35 |
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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 |
59,053.93 |
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156-Accum. Depreciate |
-607,818.32 |
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Total Fixed Assets |
3,109,807.68 |
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TOTAL ASSETS |
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3,977,527.03 |
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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 |
12,724.35 |
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Total Accounts Payable |
12,724.35 |
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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 |
1,391.86 |
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SIT Payable |
267.60 |
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Total Payroll Liabilities |
1,659.46 |
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Total Other Current Liabilities |
36,076.06 |
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Total Current Liabilities |
48,800.41 |
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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 |
1,476,952.19 |
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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 |
-34,784.38 |
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Total Equity |
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2,500,574.84 |
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TOTAL LIABILITIES & EQUITY |
3,977,527.03 |
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