| Crane Lake Water & Sanitary District BALANCE SHEET – PREV. YEAR COMPARISON |
| As of March 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar 31, 16 |
|
Mar 31, 15 |
|
|
|
| ASSETS |
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
|
Checking/Savings |
|
|
|
|
|
|
|
|
|
100-Orr Bank |
|
|
|
|
|
|
|
|
|
|
Administrative Fund |
96,478.69 |
|
71,331.38 |
|
|
|
|
|
|
|
Debt Service Fund |
|
|
|
|
|
|
|
|
|
|
|
Special Assessment Revenue Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
|
Total Debt Service Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
|
Eastern Service Area Fund |
|
|
|
|
|
|
|
|
|
|
|
IRRRB Grant Fund |
27,828.26 |
|
-56,113.60 |
|
|
|
|
|
|
|
|
Legacy Grant Fund |
4,252.00 |
|
371,900.00 |
|
|
|
|
|
|
|
|
State Bonding Fund |
0.00 |
|
312,266.00 |
|
|
|
|
|
|
|
Total Eastern Service Area Fund |
32,080.26 |
|
628,052.40 |
|
|
|
|
|
|
|
GC Capital Reserve Fund |
|
|
|
|
|
|
|
|
|
|
|
Hookup Fee Fund |
7,500.00 |
|
0.00 |
|
|
|
|
|
|
|
|
Operating Reserve Fund |
1,000.00 |
|
1,000.00 |
|
|
|
|
|
|
|
|
WIF System Replacement Fund |
2,464.54 |
|
2,268.83 |
|
|
|
|
|
|
|
Total GC Capital Reserve Fund |
10,964.54 |
|
3,268.83 |
|
|
|
|
|
|
|
GC Sewer Operating Fund |
|
|
|
|
|
|
|
|
|
|
|
Base Volume Charge Fund |
39,192.28 |
|
46,656.23 |
|
|
|
|
|
|
|
|
Infrastructure Settle Fund |
46,849.23 |
|
63,238.90 |
|
|
|
|
|
|
|
|
Service Connection Fund |
5,350.00 |
|
3,250.00 |
|
|
|
|
|
|
|
Total GC Sewer Operating Fund |
91,391.51 |
|
113,145.13 |
|
|
|
|
|
|
|
Insurance Claim Fund |
0.00 |
|
-53,864.23 |
|
|
|
|
|
|
Total 100-Orr Bank |
231,915.00 |
|
762,933.51 |
|
|
|
|
|
|
104-Savings-AB-S.A.R. |
37,628.96 |
|
41,156.51 |
|
|
|
|
|
|
105-Savings AB-C.R. |
30,651.02 |
|
23,444.49 |
|
|
|
|
|
|
106-Savings AB-IRRRB |
175,016.78 |
|
0.00 |
|
|
|
|
|
Total Checking/Savings |
475,211.76 |
|
827,534.51 |
|
|
|
|
|
Accounts Receivable |
|
|
|
|
|
|
|
|
|
111-Accounts Receivable |
3,489.06 |
|
597.17 |
|
|
|
|
|
Total Accounts Receivable |
3,489.06 |
|
597.17 |
|
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
|
|
115-AR/RVS Summary |
3,417.78 |
|
5,712.02 |
|
|
|
|
|
Total Other Current Assets |
3,417.78 |
|
5,712.02 |
|
|
|
|
Total Current Assets |
482,118.60 |
|
833,843.70 |
|
|
|
|
Fixed Assets |
|
|
|
|
|
|
|
|
|
140-Land & Land Improvements |
178,236.98 |
|
178,236.98 |
|
|
|
|
|
142-Infrastructure |
2,790,272.01 |
|
2,790,272.01 |
|
|
|
|
|
144-Building & Improvements |
682,658.00 |
|
682,658.00 |
|
|
|
|
|
150-Office Equipment |
7,405.08 |
|
7,405.08 |
|
|
|
|
|
155-Equipment |
103,787.71 |
|
99,157.71 |
|
|
|
|
|
156-Accum. Depreciate |
-803,666.88 |
|
-803,666.88 |
|
|
|
|
|
160-Construction In Progress |
730,379.00 |
|
0.00 |
|
|
|
|
Total Fixed Assets |
3,689,071.90 |
|
2,954,062.90 |
|
|
|
| TOTAL ASSETS |
|
4,171,190.50 |
|
3,787,906.60 |
|
|
|
| LIABILITIES & EQUITY |
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
|
|
Accounts Payable |
|
|
|
|
|
|
|
|
|
|
201-Accounts Payable |
10,095.09 |
|
43,824.65 |
|
|
|
|
|
|
Total Accounts Payable |
10,095.09 |
|
43,824.65 |
|
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
|
|
|
|
|
211-Accrued Interest |
33,825.66 |
|
33,825.66 |
|
|
|
|
|
|
|
Payroll Liabilities |
|
|
|
|
|
|
|
|
|
|
|
FIT & FICA Payable |
1,599.50 |
|
1,647.44 |
|
|
|
|
|
|
|
|
SIT Payable |
203.00 |
|
209.00 |
|
|
|
|
|
|
|
Total Payroll Liabilities |
1,802.50 |
|
1,856.44 |
|
|
|
|
|
|
Total Other Current Liabilities |
35,628.16 |
|
35,682.10 |
|
|
|
|
|
Total Current Liabilities |
45,723.25 |
|
79,506.75 |
|
|
|
|
|
Long Term Liabilities |
|
|
|
|
|
|
|
|
|
222-Rural Development Loan |
1,376,459.48 |
|
1,402,608.53 |
|
|
|
|
|
Total Long Term Liabilities |
1,376,459.48 |
|
1,402,608.53 |
|
|
|
|
Total Liabilities |
1,422,182.73 |
|
1,482,115.28 |
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
|
|
255-Contributed Capital |
169,294.00 |
|
169,294.00 |
|
|
|
|
|
256-Retained Earnings |
2,546,555.06 |
|
2,251,451.88 |
|
|
|
|
|
Net Income |
33,158.71 |
|
-114,954.56 |
|
|
|
|
Total Equity |
|
2,749,007.77 |
|
2,305,791.32 |
|
|
|
| TOTAL LIABILITIES & EQUITY |
4,171,190.50 |
|
3,787,906.60 |
|
|
|
|
