| Crane Lake Water & Sanitary District BALANCE SHEET as of 5/31/16 |
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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 |
91,945.22 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
1,000.00 |
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Total Debt Service Fund |
1,000.00 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
23,470.01 |
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Legacy Grant Fund |
4,327.00 |
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Total Eastern Service Area Fund |
27,797.01 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
7,500.00 |
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Operating Reserve Fund |
1,000.00 |
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WIF System Replacement Fund |
2,464.54 |
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Total GC Capital Reserve Fund |
10,964.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
44,933.12 |
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Infrastructure Settle Fund |
46,849.23 |
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Service Connection Fund |
5,350.00 |
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Total GC Sewer Operating Fund |
97,132.35 |
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Total 100-Orr Bank |
228,839.12 |
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104-Savings-AB-S.A.R. |
37,647.91 |
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105-Savings AB-C.R. |
30,680.77 |
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106-Savings AB-IRRRB |
175,127.06 |
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Total Checking/Savings |
472,294.86 |
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Accounts Receivable |
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111-Accounts Receivable |
9,877.51 |
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Total Accounts Receivable |
9,877.51 |
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Other Current Assets |
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115-AR/RVS Summary |
4,007.54 |
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Total Other Current Assets |
4,007.54 |
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Total Current Assets |
486,179.91 |
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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 |
7,405.08 |
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155-Equipment |
103,787.71 |
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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 |
3,689,071.90 |
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| TOTAL ASSETS |
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4,175,251.81 |
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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 |
12,592.70 |
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Total Accounts Payable |
12,592.70 |
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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 |
2,979.82 |
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SIT Payable |
204.00 |
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Total Payroll Liabilities |
3,183.82 |
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Total Other Current Liabilities |
37,009.48 |
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Total Current Liabilities |
49,602.18 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,376,459.48 |
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Total Long Term Liabilities |
1,376,459.48 |
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Total Liabilities |
1,426,061.66 |
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Equity |
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255-Contributed Capital |
169,294.00 |
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256-Retained Earnings |
2,546,555.06 |
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Net Income |
33,341.09 |
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Total Equity |
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2,749,190.15 |
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| TOTAL LIABILITIES & EQUITY |
4,175,251.81 |
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