| Crane Lake Water & Sanitary District BALANCE SHEET as of 3/31/17 |
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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 |
115,357.55 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
-654.24 |
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Legacy Grant Fund |
-3,154.42 |
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Total Eastern Service Area Fund |
-3,808.66 |
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GC Capital Reserve Fund |
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WIF System Replacement Fund |
2,649.54 |
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Total GC Capital Reserve Fund |
2,649.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
33,230.13 |
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Total GC Sewer Operating Fund |
33,230.13 |
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Total 100-Orr Bank |
147,428.56 |
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104-Savings-AB-S.A.R. |
84,000.58 |
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105-Savings AB-C.R. |
90,352.68 |
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106-Savings AB-IRRRB |
147,006.04 |
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Total Checking/Savings |
468,787.86 |
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Accounts Receivable |
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111-Accounts Receivable |
17,808.52 |
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Total Accounts Receivable |
17,808.52 |
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Other Current Assets |
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115-AR/RVS Summary |
905.15 |
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Total Other Current Assets |
905.15 |
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Total Current Assets |
487,501.53 |
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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 |
130,410.72 |
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156-Accum. Depreciate |
-803,666.88 |
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160-Construction In Progress |
730,379.00 |
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Total Fixed Assets |
3,715,887.23 |
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| TOTAL ASSETS |
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4,203,388.76 |
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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 |
39,465.58 |
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Total Accounts Payable |
39,465.58 |
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Other Current Liabilities |
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211-Accrued Interest |
33,825.66 |
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Payroll Liabilities |
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FIT & FICA Payable |
794.78 |
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SIT Payable |
239.00 |
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Total Payroll Liabilities |
1,033.78 |
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Total Other Current Liabilities |
34,859.44 |
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Total Current Liabilities |
74,325.02 |
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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 |
1,424,014.41 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,651,790.14 |
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Net Income |
-41,709.79 |
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Total Equity |
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2,779,374.35 |
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| TOTAL LIABILITIES & EQUITY |
4,203,388.76 |
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