| Crane Lake Water & Sanitary District |
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| Balance Sheet Prev Year Comparison |
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| As of September 30, 2018 |
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Sep 30, 18 |
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Sep 30, 17 |
| 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 |
90,892.45 |
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110,573.75 |
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Debt Service Fund |
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Special Assessment Revenue Fund |
0.00 |
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4,424.34 |
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Total Debt Service Fund |
0.00 |
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4,424.34 |
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Eastern Service Area Fund |
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IRRRB Grant Fund |
0.00 |
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42,135.56 |
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Legacy Grant Fund |
-15,786.34 |
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-122,048.55 |
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Legacy Grant Fund-Kicker Blvd |
59,341.74 |
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60,000.00 |
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Total Eastern Service Area Fund |
43,555.40 |
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-19,912.99 |
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GC Capital Reserve Fund |
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Hookup Fee Fund |
0.00 |
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15,000.00 |
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Operating Reserve Fund |
50,000.00 |
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0.00 |
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WIF System Replacement Fund |
2,825.54 |
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2,649.54 |
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Total GC Capital Reserve Fund |
52,825.54 |
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17,649.54 |
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GC Sewer Operating Fund |
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Base Volume Charge Fund |
36,075.38 |
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21,685.51 |
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Service Connection Fund |
0.00 |
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1,050.00 |
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Total GC Sewer Operating Fund |
36,075.38 |
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22,735.51 |
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Total 100-Orr Bank |
223,348.77 |
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135,470.15 |
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104-Savings-AB-S.A.R. |
128,444.85 |
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118,762.08 |
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105-Savings AB-C.R. |
49,753.00 |
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92,570.24 |
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106-Savings AB-IRRRB |
0.00 |
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78,166.80 |
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107-SavingsAB-Debt Service |
46,929.40 |
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0.00 |
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Total Checking/Savings |
448,476.02 |
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424,969.27 |
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Accounts Receivable |
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111-Accounts Receivable |
92,101.87 |
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86,338.01 |
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Total Accounts Receivable |
92,101.87 |
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86,338.01 |
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Other Current Assets |
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115-AR/RVS Summary |
3,559.59 |
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3,522.73 |
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Total Other Current Assets |
3,559.59 |
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3,522.73 |
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Total Current Assets |
544,137.48 |
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514,830.01 |
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Fixed Assets |
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140-Land & Land Improvements |
178,236.98 |
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178,236.98 |
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142-Infrastructure |
2,790,272.01 |
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2,790,272.01 |
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144-Building & Improvements |
714,683.00 |
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682,658.00 |
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150-Office Equipment |
7,597.40 |
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7,597.40 |
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155-Equipment |
347,245.66 |
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187,379.04 |
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156-Accum. Depreciate |
-1,010,803.76 |
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-1,010,803.76 |
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160-Construction In Progress |
1,138,856.38 |
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1,138,856.38 |
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Total Fixed Assets |
4,166,087.67 |
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3,974,196.05 |
| TOTAL ASSETS |
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4,710,225.15 |
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4,489,026.06 |
| 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 |
4,324.47 |
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43,293.62 |
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Total Accounts Payable |
4,324.47 |
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43,293.62 |
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Other Current Liabilities |
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211-Accrued Interest |
32,601.35 |
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32,601.35 |
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231-Note Payable |
59,019.49 |
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0.00 |
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Payroll Liabilities |
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FIT & FICA Payable |
1,216.08 |
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1,602.24 |
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SIT Payable |
720.00 |
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745.00 |
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Total Payroll Liabilities |
1,936.08 |
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2,347.24 |
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Total Other Current Liabilities |
93,556.92 |
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34,948.59 |
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Total Current Liabilities |
97,881.39 |
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78,242.21 |
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Long Term Liabilities |
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222-Rural Development Loan |
1,322,283.53 |
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1,349,689.39 |
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Total Long Term Liabilities |
1,322,283.53 |
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1,349,689.39 |
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Total Liabilities |
1,420,164.92 |
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1,427,931.60 |
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Equity |
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255-Contributed Capital |
2,916,568.36 |
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2,916,568.36 |
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256-Retained Earnings |
209,377.48 |
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101,844.85 |
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Net Income |
164,114.39 |
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42,681.25 |
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Total Equity |
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3,290,060.23 |
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3,061,094.46 |
| TOTAL LIABILITIES & EQUITY |
4,710,225.15 |
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4,489,026.06 |
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