| Crane Lake Water & Sanitary District BALANCE SHEET as of 1/31/18 |
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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 |
111,214.68 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
14,512.73 |
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Total Debt Service Fund |
14,512.73 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
1,119.01 |
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Legacy Grant Fund |
11.58 |
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Legacy Grant Fund-Kicker Blvd |
59,341.74 |
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State Bonding Fund |
1,119.01 |
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Total Eastern Service Area Fund |
61,591.34 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
7,500.00 |
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WIF System Replacement Fund |
2,825.54 |
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Total GC Capital Reserve Fund |
10,325.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
27,180.25 |
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Service Connection Fund |
350.00 |
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Total GC Sewer Operating Fund |
27,530.25 |
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Total 100-Orr Bank |
225,174.54 |
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104-Savings-AB-S.A.R. |
98,130.41 |
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105-Savings AB-C.R. |
95,628.45 |
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106-Savings AB-IRRRB |
621.77 |
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Total Checking/Savings |
419,555.17 |
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Accounts Receivable |
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111-Accounts Receivable |
142,016.07 |
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Total Accounts Receivable |
142,016.07 |
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Other Current Assets |
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115-AR/RVS Summary |
455.55 |
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Undeposited Funds |
26,000.00 |
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Total Other Current Assets |
26,455.55 |
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Total Current Assets |
588,026.79 |
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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 |
716,918.00 |
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150-Office Equipment |
7,597.40 |
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155-Equipment |
210,493.88 |
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156-Accum. Depreciate |
-907,113.64 |
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160-Construction In Progress |
973,161.57 |
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Total Fixed Assets |
3,969,566.20 |
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| TOTAL ASSETS |
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4,557,592.99 |
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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 |
244,382.43 |
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Total Accounts Payable |
244,382.43 |
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Other Current Liabilities |
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211-Accrued Interest |
33,220.69 |
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231-Note Payable |
60,262.96 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,027.58 |
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SIT Payable |
162.00 |
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Total Payroll Liabilities |
1,189.58 |
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Total Other Current Liabilities |
94,673.23 |
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Total Current Liabilities |
339,055.66 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,322,283.53 |
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Total Long Term Liabilities |
1,322,283.53 |
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Total Liabilities |
1,661,339.19 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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256-Retained Earnings |
169,253.45 |
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Net Income |
-189,568.01 |
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Total Equity |
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2,896,253.80 |
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| TOTAL LIABILITIES & EQUITY |
4,557,592.99 |
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