Crane Lake Water & Sanitary District – BALANCE SHEET as of 1/31/09 |
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Jan 31, 09 |
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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 |
24,782.40 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
241.97 |
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Total Debt Service Fund |
241.97 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
1,000.00 |
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Total GC Capital Reserve Fund |
1,000.00 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
9,257.13 |
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Total GC Sewer Operating Fund |
9,257.13 |
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Total 100-Orr Bank |
35,281.50 |
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104-Savings-AB-S.A.R. |
59,945.24 |
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105-Savings AB-C.R. |
25,406.50 |
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Total Checking/Savings |
120,633.24 |
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Other Current Assets |
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115-AR/RVS Summary |
4,666.03 |
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Total Other Current Assets |
4,666.03 |
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Total Current Assets |
125,299.27 |
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Fixed Assets |
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140-Land & Land Improvements |
174,935.83 |
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142-Infrastructure |
2,472,640.74 |
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144-Building & Improvements |
682,658.00 |
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150-Office Equipment |
5,865.60 |
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155-Equipment |
8,265.00 |
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156-Accum. Depreciate |
-87,654.73 |
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160-Construction In Progress |
2,625.00 |
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Total Fixed Assets |
3,259,335.44 |
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TOTAL ASSETS |
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3,384,634.71 |
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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 |
53,260.24 |
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Total Accounts Payable |
53,260.24 |
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Other Current Liabilities |
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211-Accrued Interest |
57,180.42 |
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Payroll Liabilities |
1,064.87 |
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Total Other Current Liabilities |
58,245.29 |
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Total Current Liabilities |
111,505.53 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,297,250.00 |
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Total Long Term Liabilities |
1,297,250.00 |
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Total Liabilities |
1,408,755.53 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
1,812,715.07 |
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Net Income |
-6,129.89 |
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Total Equity |
|
1,975,879.18 |
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TOTAL LIABILITIES & EQUITY |
3,384,634.71 |
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