| Crane Lake Water & Sanitary District BALANCE SHEET as of 1/31/17 |
|
|
|
|
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
|
|
|
Administrative Fund |
118,846.76 |
|
|
|
|
|
|
|
Eastern Service Area Fund |
|
|
|
|
|
|
|
|
|
IRRRB Grant Fund |
5,686.26 |
|
|
|
|
|
|
|
|
Legacy Grant Fund |
-29,318.00 |
|
|
|
|
|
|
|
Total Eastern Service Area Fund |
-23,631.74 |
|
|
|
|
|
|
|
GC Capital Reserve Fund |
|
|
|
|
|
|
|
|
|
WIF System Replacement Fund |
2,649.54 |
|
|
|
|
|
|
|
Total GC Capital Reserve Fund |
2,649.54 |
|
|
|
|
|
|
|
GC Sewer Operating Fund |
|
|
|
|
|
|
|
|
|
Base Volume Charge Fund |
32,502.59 |
|
|
|
|
|
|
|
Total GC Sewer Operating Fund |
32,502.59 |
|
|
|
|
|
|
Total 100-Orr Bank |
130,367.15 |
|
|
|
|
|
|
104-Savings-AB-S.A.R. |
60,752.18 |
|
|
|
|
|
|
105-Savings AB-C.R. |
88,298.65 |
|
|
|
|
|
|
106-Savings AB-IRRRB |
146,915.47 |
|
|
|
|
|
Total Checking/Savings |
426,333.45 |
|
|
|
|
|
Accounts Receivable |
|
|
|
|
|
|
|
111-Accounts Receivable |
25,423.84 |
|
|
|
|
|
Total Accounts Receivable |
25,423.84 |
|
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
115-AR/RVS Summary |
-2,873.72 |
|
|
|
|
|
|
Undeposited Funds |
7,500.00 |
|
|
|
|
|
Total Other Current Assets |
4,626.28 |
|
|
|
|
Total Current Assets |
456,383.57 |
|
|
|
|
Fixed Assets |
|
|
|
|
|
|
|
140-Land & Land Improvements |
178,236.98 |
|
|
|
|
|
142-Infrastructure |
2,790,272.01 |
|
|
|
|
|
144-Building & Improvements |
682,658.00 |
|
|
|
|
|
150-Office Equipment |
7,597.40 |
|
|
|
|
|
155-Equipment |
112,619.54 |
|
|
|
|
|
156-Accum. Depreciate |
-803,666.88 |
|
|
|
|
|
160-Construction In Progress |
730,379.00 |
|
|
|
|
Total Fixed Assets |
3,698,096.05 |
|
|
|
| TOTAL ASSETS |
|
4,154,479.62 |
|
|
|
| LIABILITIES & EQUITY |
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
|
|
|
201-Accounts Payable |
8,336.48 |
|
|
|
|
|
|
Total Accounts Payable |
8,336.48 |
|
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
|
|
|
211-Accrued Interest |
33,825.66 |
|
|
|
|
|
|
|
Payroll Liabilities |
|
|
|
|
|
|
|
|
|
FIT & FICA Payable |
610.26 |
|
|
|
|
|
|
|
|
SIT Payable |
73.00 |
|
|
|
|
|
|
|
Total Payroll Liabilities |
683.26 |
|
|
|
|
|
|
Total Other Current Liabilities |
34,508.92 |
|
|
|
|
|
Total Current Liabilities |
42,845.40 |
|
|
|
|
|
Long Term Liabilities |
|
|
|
|
|
|
|
222-Rural Development Loan |
1,349,689.39 |
|
|
|
|
|
Total Long Term Liabilities |
1,349,689.39 |
|
|
|
|
Total Liabilities |
1,392,534.79 |
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
|
|
|
|
256-Retained Earnings |
2,651,515.14 |
|
|
|
|
|
Net Income |
-58,864.31 |
|
|
|
|
Total Equity |
|
2,761,944.83 |
|
|
|
| TOTAL LIABILITIES & EQUITY |
4,154,479.62 |
|
|
|
|
