| Crane Lake Water & Sanitary District BALANCE SHEET as of 2/28/09 |
|
|
|
| ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
18,692.51 |
|
|
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 |
10,616.46 |
|
|
Total GC Sewer Operating Fund |
10,616.46 |
|
|
Total 100-Orr Bank |
30,308.97 |
|
|
104-Savings-AB-S.A.R. |
60,187.21 |
|
|
105-Savings AB-C.R. |
25,406.50 |
|
|
Total Checking/Savings |
115,902.68 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
3,062.56 |
|
|
Total Other Current Assets |
3,062.56 |
|
|
Total Current Assets |
118,965.24 |
|
|
Fixed Assets |
|
|
|
|
140-Land & Land Improvements |
174,935.83 |
|
|
142-Infrastructure |
2,472,640.74 |
|
|
144-Building & Improvements |
682,658.00 |
|
|
150-Office Equipment |
5,865.60 |
|
|
155-Equipment |
8,265.00 |
|
|
156-Accum. Depreciate |
-87,654.73 |
|
|
160-Construction In Progress |
2,625.00 |
|
|
Total Fixed Assets |
3,259,335.44 |
|
| TOTAL ASSETS |
|
3,378,300.68 |
|
| LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
12,940.64 |
|
|
Total Accounts Payable |
12,940.64 |
|
|
Other Current Liabilities |
|
|
|
211-Accrued Interest |
57,180.42 |
|
|
Payroll Liabilities |
1,679.80 |
|
|
Total Other Current Liabilities |
58,860.22 |
|
|
Total Current Liabilities |
71,800.86 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,297,250.00 |
|
|
Total Long Term Liabilities |
1,297,250.00 |
|
|
Total Liabilities |
1,369,050.86 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,812,715.07 |
|
|
Net Income |
27,240.75 |
|
|
Total Equity |
|
2,009,249.82 |
|
| TOTAL LIABILITIES & EQUITY |
3,378,300.68 |
|
|
|
|
