| CLWSD – BALANCE SHEET as of October 31, 2007 |
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11/29/2007 |
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Oct 31, 07 |
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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 |
33,083.07 |
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Debt Service Fund |
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Operation Transfer Fund |
12,000.00 |
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Special Assessment Revenue Fund |
71,299.63 |
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Total Debt Service Fund |
83,299.63 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
14,300.00 |
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Operating Reserve Fund |
4,450.00 |
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Total GC Capital Reserve Fund |
18,750.00 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
42,665.84 |
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Service Connection Fund |
13,350.00 |
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Total GC Sewer Operating Fund |
56,015.84 |
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Total 100-Orr Bank |
191,148.54 |
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Total Checking/Savings |
191,148.54 |
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Other Current Assets |
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115-AR/RVS Summary |
5,931.19 |
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Total Other Current Assets |
5,931.19 |
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Total Current Assets |
197,079.73 |
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Fixed Assets |
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140-Land |
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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 |
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3,540,314.70 |
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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 |
121,592.44 |
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Total Accounts Payable |
121,592.44 |
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Other Current Liabilities |
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Payroll Liabilities |
1,414.35 |
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Total Other Current Liabilities |
1,414.35 |
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Total Current Liabilities |
123,006.79 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,327,250.00 |
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Total Long Term Liabilities |
1,327,250.00 |
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Total Liabilities |
1,450,256.79 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,030,898.21 |
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Net Income |
-110,134.30 |
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Total Equity |
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2,090,057.91 |
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| TOTAL LIABILITIES & EQUITY |
3,540,314.70 |
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