| Crane Lake Water & Sanitary District BALANCE SHEET as of 7/31/13 |
| As of July 31, 2013 |
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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 |
58,907.48 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,000.00 |
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Total Debt Service Fund |
1,000.00 |
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Eastern Service Area Fund |
2,559.15 |
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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 |
17,102.91 |
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Service Connection Fund |
4,743.58 |
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Total GC Sewer Operating Fund |
21,846.49 |
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Total 100-Orr Bank |
87,182.40 |
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104-Savings-AB-S.A.R. |
95,372.67 |
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105-Savings AB-C.R. |
17,832.13 |
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Total Checking/Savings |
200,387.20 |
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Accounts Receivable |
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111-Accounts Receivable |
250.00 |
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Total Accounts Receivable |
250.00 |
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Other Current Assets |
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115-AR/RVS Summary |
8,679.25 |
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Total Other Current Assets |
8,679.25 |
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Total Current Assets |
209,316.45 |
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Fixed Assets |
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140-Land & Land Improvements |
177,560.63 |
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142-Infrastructure |
2,472,640.74 |
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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 |
44,512.53 |
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156-Accum. Depreciate |
-513,606.97 |
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160-Construction In Progress |
303,411.01 |
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Total Fixed Assets |
3,174,581.02 |
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| TOTAL ASSETS |
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3,383,897.47 |
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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 |
6,094.27 |
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Total Accounts Payable |
6,094.27 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.62 |
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Payroll Liabilities |
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FIT & FICA Payable |
848.16 |
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SIT Payable |
215.60 |
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Total Payroll Liabilities |
1,063.76 |
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Total Other Current Liabilities |
35,480.38 |
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Total Current Liabilities |
41,574.65 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,453,102.46 |
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Total Long Term Liabilities |
1,453,102.46 |
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Total Liabilities |
1,494,677.11 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
1,716,203.02 |
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Net Income |
3,723.34 |
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Total Equity |
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1,889,220.36 |
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| TOTAL LIABILITIES & EQUITY |
3,383,897.47 |
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