| Crane Lake Water & Sanitary District BALANCE SHEET as of January 31, 2011 |
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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 |
-5,520.93 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,443.60 |
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Total Debt Service Fund |
1,443.60 |
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Eastern Service Area Fund |
77,723.04 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
12,787.97 |
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Total GC Capital Reserve Fund |
12,787.97 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
29,847.71 |
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Total GC Sewer Operating Fund |
29,847.71 |
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Total 100-Orr Bank |
116,281.39 |
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104-Savings-AB-S.A.R. |
89,488.12 |
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|
105-Savings AB-C.R. |
1,682.83 |
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Total Checking/Savings |
207,452.34 |
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Other Current Assets |
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|
115-AR/RVS Summary |
4,216.76 |
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Total Other Current Assets |
4,216.76 |
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Total Current Assets |
211,669.10 |
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Fixed Assets |
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140-Land & Land Improvements |
177,560.63 |
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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 |
34,087.28 |
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156-Accum. Depreciate |
-339,881.56 |
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Total Fixed Assets |
3,032,930.69 |
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| TOTAL ASSETS |
|
3,244,599.79 |
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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 |
37,403.18 |
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Total Accounts Payable |
37,403.18 |
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Other Current Liabilities |
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211-Accrued Interest |
109,574.72 |
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Payroll Liabilities |
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FIT & FICA Payable |
453.06 |
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SIT Payable |
177.00 |
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Total Payroll Liabilities |
630.06 |
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Total Other Current Liabilities |
110,204.78 |
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Total Current Liabilities |
147,607.96 |
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Long Term Liabilities |
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|
222-Rural Development Loan |
1,330,000.00 |
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Total Long Term Liabilities |
1,330,000.00 |
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Total Liabilities |
1,477,607.96 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
1,623,432.84 |
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Net Income |
-25,735.01 |
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Total Equity |
|
1,766,991.83 |
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| TOTAL LIABILITIES & EQUITY |
3,244,599.79 |
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