Crane Lake Water & Sanitary District BALANCE SHEET as of 11/30/10 |
|
|
|
ASSETS |
|
|
|
|
Current Assets |
|
|
|
Checking/Savings |
|
|
|
100-Orr Bank |
|
|
|
Administrative Fund |
-15,561.20 |
|
|
Eastern Service Area Fund |
77,748.04 |
|
|
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 |
27,587.21 |
|
|
Total GC Sewer Operating Fund |
27,587.21 |
|
|
Total 100-Orr Bank |
90,774.05 |
|
|
104-Savings-AB-S.A.R. |
103,644.87 |
|
|
105-Savings AB-C.R. |
11,456.37 |
|
|
Total Checking/Savings |
205,875.29 |
|
|
Other Current Assets |
|
|
|
115-AR/RVS Summary |
2,834.99 |
|
|
Total Other Current Assets |
2,834.99 |
|
|
Total Current Assets |
208,710.28 |
|
|
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 |
26,193.86 |
|
|
156-Accum. Depreciate |
-339,881.56 |
|
|
Total Fixed Assets |
3,025,037.27 |
|
TOTAL ASSETS |
|
3,233,747.55 |
|
LIABILITIES & EQUITY |
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
|
|
|
201-Accounts Payable |
20,606.41 |
|
|
Total Accounts Payable |
20,606.41 |
|
|
Other Current Liabilities |
|
|
|
211-Accrued Interest |
109,574.72 |
|
|
Payroll Liabilities |
|
|
|
FIT & FICA Payable |
970.38 |
|
|
SIT Payable |
274.00 |
|
|
Total Payroll Liabilities |
1,244.38 |
|
|
Total Other Current Liabilities |
110,819.10 |
|
|
Total Current Liabilities |
131,425.51 |
|
|
Long Term Liabilities |
|
|
|
222-Rural Development Loan |
1,330,000.00 |
|
|
Total Long Term Liabilities |
1,330,000.00 |
|
|
Total Liabilities |
1,461,425.51 |
|
|
Equity |
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
256-Retained Earnings |
1,539,218.29 |
|
|
Net Income |
63,809.75 |
|
|
Total Equity |
|
1,772,322.04 |
|
TOTAL LIABILITIES & EQUITY |
3,233,747.55 |
|
|
|
|