| Crane Lake Water & Sanitary District – BALANCE SHEET as of 1/31/09 |
|
Jan 31, 09 |
|
| ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
24,782.40 |
|
|
Debt Service Fund |
|
|
|
Special Assessment Revenue Fund |
241.97 |
|
|
Total Debt Service Fund |
241.97 |
|
|
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 |
9,257.13 |
|
|
Total GC Sewer Operating Fund |
9,257.13 |
|
|
Total 100-Orr Bank |
35,281.50 |
|
|
104-Savings-AB-S.A.R. |
59,945.24 |
|
|
105-Savings AB-C.R. |
25,406.50 |
|
|
Total Checking/Savings |
120,633.24 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
4,666.03 |
|
|
Total Other Current Assets |
4,666.03 |
|
|
Total Current Assets |
125,299.27 |
|
|
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 |
|
3,384,634.71 |
|
| LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
53,260.24 |
|
|
Total Accounts Payable |
53,260.24 |
|
|
Other Current Liabilities |
|
|
|
211-Accrued Interest |
57,180.42 |
|
|
Payroll Liabilities |
1,064.87 |
|
|
Total Other Current Liabilities |
58,245.29 |
|
|
Total Current Liabilities |
111,505.53 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,297,250.00 |
|
|
Total Long Term Liabilities |
1,297,250.00 |
|
|
Total Liabilities |
1,408,755.53 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,812,715.07 |
|
|
Net Income |
-6,129.89 |
|
|
Total Equity |
|
1,975,879.18 |
|
| TOTAL LIABILITIES & EQUITY |
3,384,634.71 |
|
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