| Crane Lake Water & Sanitary District BALANCE SHEET – Compare – March 09 |
| As of March 31, 2009 |
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Mar 31, 09 |
|
Mar 31, 08 |
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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 |
9,677.86 |
|
49,162.04 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
0.00 |
|
14,300.00 |
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Operating Reserve Fund |
1,000.00 |
|
11,950.00 |
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Total GC Capital Reserve Fund |
1,000.00 |
|
26,250.00 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
6,754.11 |
|
19,461.99 |
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Service Connection Fund |
0.00 |
|
13,700.00 |
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Total GC Sewer Operating Fund |
6,754.11 |
|
33,161.99 |
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ISTS Fund |
0.00 |
|
2,772.00 |
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Total 100-Orr Bank |
17,431.97 |
|
111,346.03 |
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103-CD 0001-AB |
0.00 |
|
13,000.00 |
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104-Savings-AB-S.A.R. |
60,476.01 |
|
4,438.79 |
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105-Savings AB-C.R. |
25,531.79 |
|
0.00 |
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Total Checking/Savings |
103,439.77 |
|
128,784.82 |
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Other Current Assets |
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115-AR/RVS Summary |
4,434.74 |
|
7,463.23 |
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Total Other Current Assets |
4,434.74 |
|
7,463.23 |
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Total Current Assets |
107,874.51 |
|
136,248.05 |
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Fixed Assets |
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140-Land & Land Improvements |
174,935.83 |
|
174,935.83 |
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142-Infrastructure |
2,472,640.74 |
|
2,472,640.74 |
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144-Building & Improvements |
682,658.00 |
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682,658.00 |
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150-Office Equipment |
5,865.60 |
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5,865.60 |
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155-Equipment |
10,084.67 |
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8,265.00 |
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156-Accum. Depreciate |
-87,654.73 |
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-87,654.73 |
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160-Construction In Progress |
2,625.00 |
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2,625.00 |
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Total Fixed Assets |
3,261,155.11 |
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3,259,335.44 |
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| TOTAL ASSETS |
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3,369,029.62 |
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3,395,583.49 |
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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 |
14,256.15 |
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48,847.46 |
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Total Accounts Payable |
14,256.15 |
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48,847.46 |
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Other Current Liabilities |
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211-Accrued Interest |
57,180.42 |
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57,180.42 |
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Payroll Liabilities |
561.98 |
|
294.56 |
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Total Other Current Liabilities |
57,742.40 |
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57,474.98 |
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Total Current Liabilities |
71,998.55 |
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106,322.44 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,297,250.00 |
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1,297,250.00 |
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Total Long Term Liabilities |
1,297,250.00 |
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1,297,250.00 |
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Total Liabilities |
1,369,248.55 |
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1,403,572.44 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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169,294.00 |
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256-Retained Earnings |
1,812,715.07 |
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1,855,652.16 |
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Net Income |
17,772.00 |
|
-32,935.11 |
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Total Equity |
|
1,999,781.07 |
|
1,992,011.05 |
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| TOTAL LIABILITIES & EQUITY |
3,369,029.62 |
|
3,395,583.49 |
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