| CLWSD – BALANCE SHEET
PREV. YEAR COMPARISON as of 6/30/20 | |
| Jun 30, 20 | Jun 30, 19 | | ASSETS | | Current Assets | | Checking/Savings | | 100-Orr Bank | | Administrative Fund | 20,041.54 | 58,287.40 | | Eastern Service Area Fund | | Legacy Grant Fund | -8,821.85 | 0.00 | | Legacy Grant Fund-Kicker Blvd | 48,647.80 | 58,736.94 | | Total Eastern Service
Area Fund | 39,825.95 | 58,736.94 | | GC Capital Reserve Fund | | WIF System Replacement Fund | 3,171.54 | 2,996.54 | | Total GC Capital Reserve
Fund | 3,171.54 | 2,996.54 | | GC Sewer Operating Fund | | Base Volume Charge Fund | 47,288.96 | 37,094.29 | | Service Connection Fund | 350.00 | 350.00 | | Total GC Sewer Operating
Fund | 47,638.96 | 37,444.29 | | Total 100-Orr Bank | 110,677.99 | 157,465.17 | | 104-Savings-AB-S.A.R. | 47,585.68 | 79,720.28 | | 105-Savings AB-C.R. | 121,113.59 | 112,894.55 | | 107-SavingsAB-Debt
Service | 208,951.78 | 129,491.17 | | Total Checking/Savings | 488,329.04 | 479,571.17 | | Accounts Receivable | | 111-Accounts Receivable | 44,441.17 | 52,030.63 | | Total Accounts Receivable | 44,441.17 | 52,030.63 | | Other Current Assets | | 112-Due From Other
Governments | 1,705.49 | 1,236.97 | | 113-Special Assessments
Recvabl | 254,373.95 | 271,062.79 | | 115-AR/RVS Summary | -2,989.51 | -1,275.29 | | 116-Grants Receivable | 0.00 | 128,163.38 | | Total Other Current
Assets | 253,089.93 | 399,187.85 | | Total Current Assets | 785,860.14 | 930,789.65 | | Fixed Assets | | 140-Land & Land
Improvements | 216,232.08 | 216,232.08 | | 142-Infrastructure | 5,838,044.98 | 5,559,269.71 | | 144-Building &
Improvements | 744,618.00 | 714,683.00 | | 150-Office Equipment | 0.00 | 10,180.49 | | 155-Equipment | 356,067.51 | 347,245.66 | | 156-Accum. Depreciate | -1,533,284.00 | -1,348,855.39 | | Total Fixed Assets | 5,621,678.57 | 5,498,755.55 | | TOTAL
ASSETS | 6,407,538.71 | 6,429,545.20 | | LIABILITIES
& EQUITY | | Liabilities | | Current Liabilities | | Accounts Payable | | 201-Accounts Payable | 23,979.90 | 13,609.77 | | Total Accounts Payable | 23,979.90 | 13,609.77 | | Other Current Liabilities | | 211-Accrued Interest | 30,737.77 | 31,404.14 | | 231-Note Payable | 0.00 | 55,774.55 | | Payroll Liabilities | | FIT & FICA Payable | 1,983.84 | 1,169.84 | | SIT Payable | 626.00 | 522.00 | | Payroll Liabilities – Other | 508.29 | 0.00 | | Total Payroll Liabilities | 3,118.13 | 1,691.84 | | PERA Payable | 249.08 | 0.00 | | Total Other Current
Liabilities | 34,104.98 | 88,870.53 | | Total Current Liabilities | 58,084.88 | 102,480.30 | | Long Term Liabilities | | 222-Rural Development
Loan | 1,265,503.66 | 1,294,140.19 | | 230-MN PCA-CWP Loan | 52,594.82 | 0.00 | | Total Long Term
Liabilities | 1,318,098.48 | 1,294,140.19 | | Total Liabilities | 1,376,183.36 | 1,396,620.49 | | Equity | | 255-Net Invest in Capital
Asset | 4,318,629.95 | 4,173,888.93 | | 256-Retained Earnings | 767,157.78 | 749,539.18 | | Net Income | -54,432.38 | 109,496.60 | | Total Equity | 5,031,355.35 | 5,032,924.71 | | TOTAL
LIABILITIES & EQUITY | 6,407,538.71 | 6,429,545.20 |
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