| CLWSD – FINAL Balance Sheet as of March 31, 2008 |
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| ASSETS |
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|
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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 |
49,162.04 |
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|
GC Capital Reserve Fund |
|
|
|
Hookup Fee Fund |
14,300.00 |
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Operating Reserve Fund |
11,950.00 |
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Total GC Capital Reserve Fund |
26,250.00 |
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|
GC Sewer Operating Fund |
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|
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Base Volume Charge Fund |
19,461.99 |
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Service Connection Fund |
13,700.00 |
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Total GC Sewer Operating Fund |
33,161.99 |
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|
ISTS Fund |
2,772.00 |
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Total 100-Orr Bank |
111,346.03 |
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|
103-CD 0001-AB |
13,000.00 |
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104-Savings-AB |
4,438.79 |
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Total Checking/Savings |
128,784.82 |
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Other Current Assets |
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|
|
115-AR/RVS Summary |
7,508.18 |
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Total Other Current Assets |
7,508.18 |
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Total Current Assets |
136,293.00 |
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Fixed Assets |
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|
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|
140-Land |
|
15,024.00 |
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150-Office Equipment |
5,865.60 |
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151-Accumulated Depr. Off.Equip |
-2,968.00 |
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|
155-Equipment |
8,265.00 |
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156-Accum. Depreciate Equip |
-787.14 |
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|
160-Construction In Progress |
3,317,835.51 |
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Total Fixed Assets |
3,343,234.97 |
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| TOTAL ASSETS |
|
3,479,527.97 |
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| LIABILITIES & EQUITY |
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Liabilities |
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Current Liabilities |
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|
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Accounts Payable |
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|
|
201-Accounts Payable |
48,097.46 |
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Total Accounts Payable |
48,097.46 |
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|
Other Current Liabilities |
|
|
|
Payroll Liabilities |
294.56 |
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|
Total Other Current Liabilities |
294.56 |
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|
Total Current Liabilities |
48,392.02 |
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|
Long Term Liabilities |
|
|
|
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 |
1,345,642.02 |
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Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
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|
256-Retained Earnings |
1,996,777.06 |
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Net Income |
-32,185.11 |
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Total Equity |
|
2,133,885.95 |
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| TOTAL LIABILITIES & EQUITY |
3,479,527.97 |
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