| Crane Lake Water & Sanitary District BALANCE SHEET as of 2/28/18 |
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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 |
106,922.23 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
14,512.73 |
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Total Debt Service Fund |
14,512.73 |
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Eastern Service Area Fund |
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Legacy Grant Fund |
-40,610.01 |
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Legacy Grant Fund-Kicker Blvd |
59,341.74 |
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Total Eastern Service Area Fund |
18,731.73 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
33,500.00 |
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WIF System Replacement Fund |
2,825.54 |
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Total GC Capital Reserve Fund |
36,325.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
23,814.85 |
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Service Connection Fund |
4,550.00 |
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Total GC Sewer Operating Fund |
28,364.85 |
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Total 100-Orr Bank |
204,857.08 |
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104-Savings-AB-S.A.R. |
98,202.30 |
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105-Savings AB-C.R. |
95,687.40 |
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106-Savings AB-IRRRB |
627.34 |
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Total Checking/Savings |
399,374.12 |
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Accounts Receivable |
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111-Accounts Receivable |
148,182.31 |
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Total Accounts Receivable |
148,182.31 |
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Other Current Assets |
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115-AR/RVS Summary |
8,339.94 |
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Total Other Current Assets |
8,339.94 |
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Total Current Assets |
555,896.37 |
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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 |
258,864.88 |
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156-Accum. Depreciate |
-907,113.64 |
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160-Construction In Progress |
973,161.57 |
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Total Fixed Assets |
4,017,937.20 |
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| TOTAL ASSETS |
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4,573,833.57 |
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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 |
36,416.16 |
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Total Accounts Payable |
36,416.16 |
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Other Current Liabilities |
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211-Accrued Interest |
33,220.69 |
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231-Note Payable |
60,028.86 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,027.66 |
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SIT Payable |
332.00 |
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Total Payroll Liabilities |
1,359.66 |
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Total Other Current Liabilities |
94,609.21 |
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Total Current Liabilities |
131,025.37 |
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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 |
1,453,308.90 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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256-Retained Earnings |
169,253.45 |
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Net Income |
34,702.86 |
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Total Equity |
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3,120,524.67 |
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| TOTAL LIABILITIES & EQUITY |
4,573,833.57 |
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