| Crane Lake Water & Sanitary District BALANCE SHEET as of 1/31/14 |
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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 |
68,578.33 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,410.45 |
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Total Debt Service Fund |
1,410.45 |
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Eastern Service Area Fund |
682,036.00 |
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GC Capital Reserve Fund |
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Operating Reserve Fund |
1,000.00 |
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WIF System Replacement Fund |
1,869.28 |
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Total GC Capital Reserve Fund |
2,869.28 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
12,657.15 |
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Service Connection Fund |
2,900.00 |
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Total GC Sewer Operating Fund |
15,557.15 |
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Total 100-Orr Bank |
770,451.21 |
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104-Savings-AB-S.A.R. |
56,097.39 |
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105-Savings AB-C.R. |
27,476.61 |
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Total Checking/Savings |
854,025.21 |
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Accounts Receivable |
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111-Accounts Receivable |
8,748.15 |
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Total Accounts Receivable |
8,748.15 |
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Other Current Assets |
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115-AR/RVS Summary |
4,069.39 |
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Total Other Current Assets |
4,069.39 |
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Total Current Assets |
866,842.75 |
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Fixed Assets |
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140-Land & Land Improvements |
178,236.98 |
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142-Infrastructure |
2,790,272.01 |
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144-Building & Improvements |
682,658.00 |
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150-Office Equipment |
7,405.08 |
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155-Equipment |
58,568.50 |
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156-Accum. Depreciate |
-607,818.32 |
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Total Fixed Assets |
3,109,322.25 |
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| TOTAL ASSETS |
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3,976,165.00 |
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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 |
3,938.63 |
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Total Accounts Payable |
3,938.63 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.60 |
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Payroll Liabilities |
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FIT & FICA Payable |
506.24 |
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SIT Payable |
127.60 |
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Total Payroll Liabilities |
633.84 |
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Total Other Current Liabilities |
35,050.44 |
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Total Current Liabilities |
38,989.07 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,453,101.64 |
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Total Long Term Liabilities |
1,453,101.64 |
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Total Liabilities |
1,492,090.71 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,371,267.72 |
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Net Income |
-56,487.43 |
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Total Equity |
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2,484,074.29 |
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| TOTAL LIABILITIES & EQUITY |
3,976,165.00 |
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