| Crane Lake Water & Sanitary District BALANCE SHEET as of 7/31/17 |
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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 |
121,942.73 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
61,935.56 |
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Legacy Grant Fund |
-44,168.19 |
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Legacy Grant Fund-Kicker Blvd |
60,000.00 |
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Total Eastern Service Area Fund |
77,767.37 |
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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 |
2,649.54 |
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Total GC Capital Reserve Fund |
10,149.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
24,120.33 |
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Service Connection Fund |
350.00 |
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Total GC Sewer Operating Fund |
24,470.33 |
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Total 100-Orr Bank |
234,329.97 |
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104-Savings-AB-S.A.R. |
108,847.44 |
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105-Savings AB-C.R. |
91,512.89 |
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106-Savings AB-IRRRB |
78,097.11 |
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Total Checking/Savings |
512,787.41 |
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Accounts Receivable |
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111-Accounts Receivable |
25,076.14 |
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Total Accounts Receivable |
25,076.14 |
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Other Current Assets |
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115-AR/RVS Summary |
-492.15 |
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Total Other Current Assets |
-492.15 |
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Total Current Assets |
537,371.40 |
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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 |
7,597.40 |
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155-Equipment |
163,260.33 |
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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 |
3,888,072.65 |
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| TOTAL ASSETS |
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4,425,444.05 |
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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 |
62,264.09 |
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Total Accounts Payable |
62,264.09 |
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Other Current Liabilities |
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211-Accrued Interest |
33,220.69 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,595.96 |
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SIT Payable |
242.00 |
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Total Payroll Liabilities |
1,837.96 |
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Total Other Current Liabilities |
35,058.65 |
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Total Current Liabilities |
97,322.74 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,349,689.39 |
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Total Long Term Liabilities |
1,349,689.39 |
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Total Liabilities |
1,447,012.13 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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256-Retained Earnings |
44,456.56 |
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Net Income |
17,407.00 |
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Total Equity |
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2,978,431.92 |
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| TOTAL LIABILITIES & EQUITY |
4,425,444.05 |
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