| Crane Lake Water & Sanitary District BALANCE SHEET as of July 31, 2016 |
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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 |
117,240.54 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
16,719.60 |
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Legacy Grant Fund |
3,157.00 |
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Total Eastern Service Area Fund |
19,876.60 |
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GC Capital Reserve Fund |
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WIF System Replacement Fund |
2,464.54 |
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Total GC Capital Reserve Fund |
2,464.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
36,284.97 |
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Total GC Sewer Operating Fund |
36,284.97 |
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Total 100-Orr Bank |
175,866.65 |
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104-Savings-AB-S.A.R. |
82,770.71 |
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105-Savings AB-C.R. |
78,698.17 |
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106-Savings AB-IRRRB |
146,720.81 |
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Total Checking/Savings |
484,056.34 |
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Accounts Receivable |
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111-Accounts Receivable |
3,265.22 |
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Total Accounts Receivable |
3,265.22 |
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Other Current Assets |
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115-AR/RVS Summary |
5,198.58 |
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Total Other Current Assets |
5,198.58 |
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Total Current Assets |
492,520.14 |
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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 |
112,619.54 |
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156-Accum. Depreciate |
-803,666.88 |
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160-Construction In Progress |
761,547.25 |
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Total Fixed Assets |
3,729,071.98 |
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| TOTAL ASSETS |
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4,221,592.12 |
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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 |
19,259.30 |
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Total Accounts Payable |
19,259.30 |
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Other Current Liabilities |
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211-Accrued Interest |
33,825.66 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,372.30 |
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SIT Payable |
205.00 |
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Total Payroll Liabilities |
1,577.30 |
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Total Other Current Liabilities |
35,402.96 |
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Total Current Liabilities |
54,662.26 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,376,459.48 |
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Total Long Term Liabilities |
1,376,459.48 |
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Total Liabilities |
1,431,121.74 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,546,555.06 |
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Net Income |
74,621.32 |
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Total Equity |
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2,790,470.38 |
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| TOTAL LIABILITIES & EQUITY |
4,221,592.12 |
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