| Crane Lake Water & Sanitary District BALANCE SHEET PREV YEAR COMPARISON |
| As of September 30, 2010 |
|
|
|
|
Sep 30, 10 |
|
Sep 30, 09 |
|
| ASSETS |
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
Administrative Fund |
-4,560.67 |
|
-393.93 |
|
|
Eastern Service Area Fund |
82,469.35 |
|
0.00 |
|
|
GC Capital Reserve Fund |
|
|
|
|
|
Operating Reserve Fund |
1,000.00 |
|
1,000.00 |
|
|
Total GC Capital Reserve Fund |
1,000.00 |
|
1,000.00 |
|
|
GC Sewer Operating Fund |
|
|
|
|
|
Base Volume Charge Fund |
39,569.00 |
|
28,474.16 |
|
|
Total GC Sewer Operating Fund |
39,569.00 |
|
28,474.16 |
|
|
Total 100-Orr Bank |
118,477.68 |
|
29,080.23 |
|
|
104-Savings-AB-S.A.R. |
99,644.87 |
|
62,165.77 |
|
|
105-Savings AB-C.R. |
11,456.37 |
|
23,954.49 |
|
|
Total Checking/Savings |
229,578.92 |
|
115,200.49 |
|
|
Other Current Assets |
|
|
|
|
|
115-AR/RVS Summary |
2,744.57 |
|
6,228.40 |
|
|
Total Other Current Assets |
2,744.57 |
|
6,228.40 |
|
|
Total Current Assets |
232,323.49 |
|
121,428.89 |
|
|
Fixed Assets |
|
|
|
|
|
|
140-Land & Land Improvements |
177,560.63 |
|
177,560.63 |
|
|
142-Infrastructure |
2,472,640.74 |
|
2,472,640.74 |
|
|
144-Building & Improvements |
682,658.00 |
|
682,658.00 |
|
|
150-Office Equipment |
5,865.60 |
|
5,865.60 |
|
|
155-Equipment |
22,815.28 |
|
10,084.67 |
|
|
156-Accum. Depreciate |
-339,881.56 |
|
-255,647.09 |
|
|
Total Fixed Assets |
3,021,658.69 |
|
3,093,162.55 |
|
| TOTAL ASSETS |
|
3,253,982.18 |
|
3,214,591.44 |
|
| LIABILITIES & EQUITY |
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
201-Accounts Payable |
15,336.32 |
|
13,264.25 |
|
|
Total Accounts Payable |
15,336.32 |
|
13,264.25 |
|
|
Other Current Liabilities |
|
|
|
|
|
211-Accrued Interest |
109,574.72 |
|
54,712.22 |
|
|
Payroll Liabilities |
|
|
|
|
|
FIT & FICA Payable |
1,604.10 |
|
0.00 |
|
|
SIT Payable |
378.00 |
|
99.00 |
|
|
Total Payroll Liabilities |
1,982.10 |
|
99.00 |
|
|
Total Other Current Liabilities |
111,556.82 |
|
54,811.22 |
|
|
Total Current Liabilities |
126,893.14 |
|
68,075.47 |
|
|
Long Term Liabilities |
|
|
|
|
|
222-Rural Development Loan |
1,330,000.00 |
|
1,330,000.00 |
|
|
Total Long Term Liabilities |
1,330,000.00 |
|
1,330,000.00 |
|
|
Total Liabilities |
1,456,893.14 |
|
1,398,075.47 |
|
|
Equity |
|
|
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
169,294.00 |
|
|
256-Retained Earnings |
1,539,218.29 |
|
1,615,165.43 |
|
|
Net Income |
88,576.75 |
|
32,056.54 |
|
|
Total Equity |
|
1,797,089.04 |
|
1,816,515.97 |
|
| TOTAL LIABILITIES & EQUITY |
3,253,982.18 |
|
3,214,591.44 |
|
|
|
|
