| Crane Lake |
7:01 PM |
|
|
|
| Balance Sheet |
04/04/2006 |
|
| As of December 31, 2005 |
Accrual Basis |
|
|
Dec 31, 05 |
|
| ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Aministrative Fund |
|
65,945.29 |
|
|
GC Capital Reserve Fund |
|
14,300.00 |
|
|
GC Sewer Operating Fund |
|
|
|
Base Volume Charge Fund |
14,460.73 |
|
|
Service Connection Fund |
12,200.00 |
|
|
Total GC Sewer Operating Fund |
|
26,660.73 |
|
|
Insurance Claim Fund |
|
10,635.25 |
|
|
Pre-Paid Special AssessmentFund |
|
124,254.78 |
|
|
Special Assessment Revenue Fund |
|
67,619.95 |
|
|
Total 100-Orr Bank |
|
309,416.00 |
|
|
102-Border State Bank |
|
19,818.00 |
|
|
Total Checking/Savings |
|
329,234.00 |
|
Accounts Receivable |
|
|
|
111-Accounts Receivable |
443.25 |
|
|
Total Accounts Receivable |
|
443.25 |
|
Other Current Assets |
|
|
|
112-Due From Other Governments |
17,094.90 |
|
|
113-Special Assessments Recvabl |
17,105.41 |
|
|
114-Litgation Settlement Rec |
3,794.04 |
|
|
115-AR Summary |
9,121.53 |
|
|
Total Other Current Assets |
|
47,115.88 |
|
|
Total Current Assets |
|
376,793.13 |
|
Fixed Assets |
|
|
|
|
140-Land |
|
15,024.00 |
|
|
150-Office Equipment |
1,073.01 |
|
|
151-Accumulated Depr. Off.Equip |
-2,582.00 |
|
|
160-Construction In Progress |
3,010,315.30 |
|
|
Total Fixed Assets |
|
3,023,830.31 |
| TOTAL ASSETS |
|
|
3,400,623.44 |
| LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
18.50 |
|
|
Total Accounts Payable |
|
18.50 |
|
Other Current Liabilities |
|
|
|
211-Accrued Interest |
64,308.09 |
|
|
221-Interim Financing |
1,389,999.80 |
|
|
Total Other Current Liabilities |
|
1,454,307.89 |
|
|
Total Current Liabilities |
|
1,454,326.39 |
|
Total Liabilities |
|
1,454,326.39 |
|
Equity |
|
|
|
|
255-Contributed Capitol |
169,294.00 |
|
|
256-Retained Earnings |
1,677,200.63 |
|
|
Net Income |
99,802.42 |
|
|
Total Equity |
|
|
1,946,297.05 |
| TOTAL LIABILITIES & EQUITY |
|
3,400,623.44 |
|
|
|
