| Crane Lake Water & Sanitary District BALANCE SHEET as of 7/31/15 |
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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 |
-26,091.78 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
23,498.05 |
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Total Debt Service Fund |
23,498.05 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
462,069.55 |
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Total Eastern Service Area Fund |
462,069.55 |
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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 |
2,268.83 |
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Total GC Capital Reserve Fund |
3,268.83 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
47,688.64 |
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Infrastructure Settle Fund |
50,439.52 |
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Service Connection Fund |
3,250.00 |
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Total GC Sewer Operating Fund |
101,378.16 |
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Insurance Claim Fund |
-50,928.46 |
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Total 100-Orr Bank |
513,194.35 |
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104-Savings-AB-S.A.R. |
46,286.53 |
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105-Savings AB-C.R. |
27,450.74 |
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Total Checking/Savings |
586,931.62 |
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Accounts Receivable |
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111-Accounts Receivable |
54,750.89 |
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Total Accounts Receivable |
54,750.89 |
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Other Current Assets |
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115-AR/RVS Summary |
6,220.68 |
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Total Other Current Assets |
6,220.68 |
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Total Current Assets |
647,903.19 |
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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 |
99,157.66 |
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156-Accum. Depreciate |
-703,260.61 |
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160-Construction In Progress |
227,516.45 |
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Total Fixed Assets |
3,281,985.57 |
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| TOTAL ASSETS |
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3,929,888.76 |
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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 |
46,540.31 |
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Total Accounts Payable |
46,540.31 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.59 |
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Payroll Liabilities |
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FIT & FICA Payable |
873.48 |
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SIT Payable |
128.57 |
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Total Payroll Liabilities |
1,002.05 |
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Total Other Current Liabilities |
35,418.64 |
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Total Current Liabilities |
81,958.95 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,402,608.53 |
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Total Long Term Liabilities |
1,402,608.53 |
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Total Liabilities |
1,484,567.48 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,404,260.80 |
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Net Income |
-128,233.52 |
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Total Equity |
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2,445,321.28 |
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| TOTAL LIABILITIES & EQUITY |
3,929,888.76 |
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