| Crane Lake Water & Sanitary District BALANCE SHEET Prev. Yr. Comparison |
| As of June 30, 2013 |
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Jun 30, 13 |
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Jun 30, 12 |
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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 |
28,760.40 |
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-2,207.50 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,000.00 |
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1,000.00 |
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Total Debt Service Fund |
1,000.00 |
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1,000.00 |
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Eastern Service Area Fund |
2,559.15 |
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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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1,000.00 |
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WIF System Replacement Fund |
1,869.28 |
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0.00 |
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Total GC Capital Reserve Fund |
2,869.28 |
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1,000.00 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
26,031.77 |
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33,151.93 |
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Service Connection Fund |
2,600.00 |
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1,250.00 |
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Total GC Sewer Operating Fund |
28,631.77 |
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34,401.93 |
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Total 100-Orr Bank |
63,820.60 |
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36,753.58 |
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104-Savings-AB-S.A.R. |
70,913.82 |
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50,242.20 |
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105-Savings AB-C.R. |
17,832.13 |
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3,699.26 |
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Total Checking/Savings |
152,566.55 |
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90,695.04 |
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Accounts Receivable |
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111-Accounts Receivable |
250.00 |
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0.00 |
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Total Accounts Receivable |
250.00 |
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0.00 |
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Other Current Assets |
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115-AR/RVS Summary |
5,536.08 |
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4,655.33 |
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Total Other Current Assets |
5,536.08 |
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4,655.33 |
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Total Current Assets |
158,352.63 |
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95,350.37 |
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Fixed Assets |
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140-Land & Land Improvements |
177,560.63 |
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177,560.63 |
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142-Infrastructure |
2,472,640.74 |
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2,472,640.74 |
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144-Building & Improvements |
682,658.00 |
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682,658.00 |
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150-Office Equipment |
7,405.08 |
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5,865.60 |
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155-Equipment |
44,512.53 |
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40,297.38 |
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156-Accum. Depreciate |
-513,606.97 |
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-513,606.97 |
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160-Construction In Progress |
303,411.01 |
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303,411.01 |
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Total Fixed Assets |
3,174,581.02 |
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3,168,826.39 |
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| TOTAL ASSETS |
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3,332,933.65 |
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3,264,176.76 |
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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 |
28,341.65 |
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8,827.05 |
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Total Accounts Payable |
28,341.65 |
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8,827.05 |
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Other Current Liabilities |
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211-Accrued Interest |
34,416.62 |
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34,416.62 |
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Payroll Liabilities |
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FIT & FICA Payable |
2,300.86 |
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-16.56 |
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SIT Payable |
487.60 |
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99.00 |
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Total Payroll Liabilities |
2,788.46 |
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82.44 |
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Total Other Current Liabilities |
37,205.08 |
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34,499.06 |
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Total Current Liabilities |
65,546.73 |
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43,326.11 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,453,102.46 |
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1,453,102.46 |
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Total Long Term Liabilities |
1,453,102.46 |
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1,453,102.46 |
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Total Liabilities |
1,518,649.19 |
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1,496,428.57 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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169,294.00 |
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256-Retained Earnings |
1,716,203.02 |
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1,641,326.04 |
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Net Income |
-71,212.56 |
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-42,871.85 |
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Total Equity |
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1,814,284.46 |
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1,767,748.19 |
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| TOTAL LIABILITIES & EQUITY |
3,332,933.65 |
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3,264,176.76 |
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