| Crane Lake Water & Sanitary District BALANCE SHEET as of July 31, 2011 |
|
Jul 31, 11 |
|
| ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
5,270.00 |
|
|
Debt Service Fund |
|
|
|
Special Assessment Revenue Fund |
1,000.00 |
|
|
Total Debt Service Fund |
1,000.00 |
|
|
Eastern Service Area Fund |
1,174.15 |
|
|
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 |
24,042.76 |
|
|
Total GC Sewer Operating Fund |
24,042.76 |
|
|
Total 100-Orr Bank |
32,486.91 |
|
|
104-Savings-AB-S.A.R. |
77,914.16 |
|
|
105-Savings AB-C.R. |
1,691.49 |
|
|
Total Checking/Savings |
112,092.56 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
5,485.49 |
|
|
Total Other Current Assets |
5,485.49 |
|
|
Total Current Assets |
117,578.05 |
|
|
Fixed Assets |
|
|
|
|
140-Land & Land Improvements |
177,560.63 |
|
|
142-Infrastructure |
2,472,640.74 |
|
|
144-Building & Improvements |
682,658.00 |
|
|
150-Office Equipment |
5,865.60 |
|
|
155-Equipment |
40,297.38 |
|
|
156-Accum. Depreciate |
-339,881.56 |
|
|
Total Fixed Assets |
3,039,140.79 |
|
| TOTAL ASSETS |
|
3,156,718.84 |
|
| LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
76,878.07 |
|
|
Total Accounts Payable |
76,878.07 |
|
|
Other Current Liabilities |
|
|
|
211-Accrued Interest |
109,574.72 |
|
|
Payroll Liabilities |
|
|
|
FIT & FICA Payable |
600.59 |
|
|
SIT Payable |
213.00 |
|
|
Total Payroll Liabilities |
813.59 |
|
|
Total Other Current Liabilities |
110,388.31 |
|
|
Total Current Liabilities |
187,266.38 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,330,000.00 |
|
|
Total Long Term Liabilities |
1,330,000.00 |
|
|
Total Liabilities |
1,517,266.38 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,621,472.84 |
|
|
Net Income |
-151,314.38 |
|
|
Total Equity |
|
1,639,452.46 |
|
| TOTAL LIABILITIES & EQUITY |
3,156,718.84 |
|
|
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|
