CLWSD -BALANCE SHEET
-PREVIOUS YEAR. COMPARISON as of
3/31/19 | |
Mar 31, 19 | Mar 31, 18 | ASSETS | Current Assets | Checking/Savings | 100-Orr Bank | Administrative Fund | 74,511.01 | 103,057.71 | Debt Service Fund | Special Assessment Revenue Fund | 0.00 | 14,512.73 | Total Debt Service Fund | 0.00 | 14,512.73 | Eastern Service Area Fund | Legacy Grant Fund | 0.00 | -9,833.51 | Legacy Grant Fund-Kicker Blvd | 59,341.74 | 59,341.74 | Total Eastern Service
Area Fund | 59,341.74 | 49,508.23 | GC Capital Reserve Fund | Hookup Fee Fund | 0.00 | 41,000.00 | Operating Reserve Fund | 0.00 | 57,371.00 | WIF System Replacement Fund | 2,996.54 | 2,825.54 | Total GC Capital Reserve
Fund | 2,996.54 | 101,196.54 | GC Sewer Operating Fund | Base Volume Charge Fund | 41,198.51 | 37,714.55 | Service Connection Fund | 0.00 | 4,900.00 | Total GC Sewer Operating
Fund | 41,198.51 | 42,614.55 | Total 100-Orr Bank | 178,047.80 | 310,889.76 | 104-Savings-AB-S.A.R. | 79,670.15 | 98,202.30 | 105-Savings AB-C.R. | 108,825.52 | 38,316.40 | 106-Savings AB-IRRRB | 0.00 | 627.34 | 107-SavingsAB-Debt
Service | 121,413.96 | 0.00 | Total Checking/Savings | 487,957.43 | 448,035.80 | Accounts Receivable | 111-Accounts Receivable | 61,960.94 | 132,621.19 | Total Accounts Receivable | 61,960.94 | 132,621.19 | Other Current Assets | 115-AR/RVS Summary | -2,631.90 | -864.63 | Total Other Current
Assets | -2,631.90 | -864.63 | Total Current Assets | 547,286.47 | 579,792.36 | 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 | 714,683.00 | 714,683.00 | 150-Office Equipment | 9,089.19 | 7,597.40 | 155-Equipment | 347,245.66 | 258,864.88 | 156-Accum. Depreciate | -1,010,803.76 | -1,010,803.76 | 160-Construction In
Progress | 1,138,856.38 | 1,138,856.38 | Total Fixed Assets | 4,167,579.46 | 4,077,706.89 | TOTAL
ASSETS | 4,714,865.93 | 4,657,499.25 | LIABILITIES
& EQUITY | Liabilities | Current Liabilities | Accounts Payable | 201-Accounts Payable | 11,386.72 | 59,427.59 | Total Accounts Payable | 11,386.72 | 59,427.59 | Other Current Liabilities | 211-Accrued Interest | 32,601.35 | 32,601.35 | 231-Note Payable | 56,974.55 | 60,414.00 | Payroll Liabilities | FIT & FICA Payable | 676.38 | 1,046.36 | SIT Payable | 387.00 | 507.00 | Total Payroll Liabilities | 1,063.38 | 1,553.36 | Total Other Current
Liabilities | 90,639.28 | 94,568.71 | Total Current Liabilities | 102,026.00 | 153,996.30 | Long Term Liabilities | 222-Rural Development
Loan | 1,294,140.19 | 1,322,283.53 | Total Long Term
Liabilities | 1,294,140.19 | 1,322,283.53 | Total Liabilities | 1,396,166.19 | 1,476,279.83 | Equity | 255-Contributed Capital | 2,916,568.36 | 2,916,568.36 | 256-Retained Earnings | 282,609.24 | 210,417.48 | Net Income | 119,522.14 | 54,233.58 | Total Equity | 3,318,699.74 | 3,181,219.42 | TOTAL
LIABILITIES & EQUITY | 4,714,865.93 | 4,657,499.25 |
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