| CLWSD – Balance Sheet as of August 31, 2008 |
|
09/30/2008 |
|
|
|
| ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
41,603.04 |
|
|
GC Capital Reserve Fund |
|
|
|
Operating Reserve Fund |
1,000.00 |
|
|
Total GC Capital Reserve Fund |
1,000.00 |
|
|
GC Sewer Operating Fund |
|
|
|
Base Volume Charge Fund |
26,352.84 |
|
|
Service Connection Fund |
14,050.00 |
|
|
Total GC Sewer Operating Fund |
40,402.84 |
|
|
Total 100-Orr Bank |
83,005.88 |
|
|
103-CD 0001-AB |
13,117.96 |
|
|
104-Savings-AB-S.A.R. |
19,326.28 |
|
|
105-Savings AB-C.R. |
25,250.00 |
|
|
Total Checking/Savings |
140,700.12 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
6,009.27 |
|
|
Total Other Current Assets |
6,009.27 |
|
|
Total Current Assets |
146,709.39 |
|
|
Fixed Assets |
|
|
|
|
140-Land |
|
15,024.00 |
|
|
150-Office Equipment |
5,865.60 |
|
|
151-Accumulated Depr. Off.Equip |
-2,968.00 |
|
|
155-Equipment |
8,265.00 |
|
|
156-Accum. Depreciate Equip |
-787.14 |
|
|
160-Construction In Progress |
3,317,835.51 |
|
|
Total Fixed Assets |
3,343,234.97 |
|
| TOTAL ASSETS |
|
3,489,944.36 |
|
| LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
46,207.42 |
|
|
Total Accounts Payable |
46,207.42 |
|
|
Other Current Liabilities |
|
|
|
Payroll Liabilities |
1,669.02 |
|
|
Total Other Current Liabilities |
1,669.02 |
|
|
Total Current Liabilities |
47,876.44 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,297,250.00 |
|
|
Total Long Term Liabilities |
1,297,250.00 |
|
|
Total Liabilities |
1,345,126.44 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,996,777.06 |
|
|
Net Income |
-21,253.14 |
|
|
Total Equity |
|
2,144,817.92 |
|
| TOTAL LIABILITIES & EQUITY |
3,489,944.36 |
|
|
|
|
