CLWSD – FINAL Balance Sheet as of June 30, 2008 |
|
09/03/2008 |
|
|
|
|
ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
38,613.37 |
|
|
GC Capital Reserve Fund |
|
|
|
Hookup Fee Fund |
14,300.00 |
|
|
Operating Reserve Fund |
11,950.00 |
|
|
Total GC Capital Reserve Fund |
26,250.00 |
|
|
GC Sewer Operating Fund |
|
|
|
Base Volume Charge Fund |
20,669.98 |
|
|
Service Connection Fund |
14,050.00 |
|
|
Total GC Sewer Operating Fund |
34,719.98 |
|
|
ISTS Fund |
2,772.00 |
|
|
Total 100-Orr Bank |
102,355.35 |
|
|
103-CD 0001-AB |
13,117.96 |
|
|
104-Savings-AB |
4,460.92 |
|
|
Total Checking/Savings |
119,934.23 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
7,903.19 |
|
|
Total Other Current Assets |
7,903.19 |
|
|
Total Current Assets |
127,837.42 |
|
|
Fixed Assets |
|
|
|
|
140-Land |
|
15,024.00 |
|
|
150-Office Equipment |
5,865.60 |
|
|
151-Accumulated Depr. Off.Equip |
-2,968.00 |
|
|
155-Equipment |
8,265.00 |
|
|
156-Accum. Depreciate Equip |
-787.14 |
|
|
160-Construction In Progress |
3,317,835.51 |
|
|
Total Fixed Assets |
3,343,234.97 |
|
TOTAL ASSETS |
|
3,471,072.39 |
|
LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
51,555.23 |
|
|
Total Accounts Payable |
51,555.23 |
|
|
Other Current Liabilities |
|
|
|
Payroll Liabilities |
395.23 |
|
|
Total Other Current Liabilities |
395.23 |
|
|
Total Current Liabilities |
51,950.46 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,297,250.00 |
|
|
Total Long Term Liabilities |
1,297,250.00 |
|
|
Total Liabilities |
1,349,200.46 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,996,777.06 |
|
|
Net Income |
-44,199.13 |
|
|
Total Equity |
|
2,121,871.93 |
|
TOTAL LIABILITIES & EQUITY |
3,471,072.39 |
|
|
|
|