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COMBINED BALANCE SHEETS
<br /> September 2012
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH &TEMPORARY INVESTMENTS 5,866,168 1,418,714
<br /> ACCOUNTS RECEIVABLE 3,650,528 619,418
<br /> INVENTORIES 980,720 17,813
<br /> PREPAID ITEMS 77,996 18,501
<br /> CONSTRUCTION IN PROGRESS 816,416 47,246
<br /> TOTAL CURRENT ASSETS 11,391,829 2,121,692
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 724,500 -
<br /> EMERGENCY RESERVE FUND 2,218,064 1,128,893
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,068,431 1,264,462
<br /> FIXED ASSETS
<br /> PRODUCTION 2,382,938 10,627,229
<br /> LFG PROJECT 4,336,112
<br /> TRANSMISSION 474,335
<br /> DISTRIBUTION 34,719,989 21,821,457
<br /> GENERAL 10,909,463 927,504
<br /> FIXED ASSETS (COST) 52,822,838 33,376,190
<br /> LESS ACCUMULATED DEPRECIATION (27,403,887) (11,732,745)
<br /> TOTAL FIXED ASSETS, NET 25,418,950 21,643,445
<br /> OTHER ASSETS 59,863 69,897
<br /> TOTAL ASSETS 39,939,072 25,099,496
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 2,670,386 106,355
<br /> SALARIES AND BENEFITS PAYABLE 275,056 85,443
<br /> DUE TO CITY 110,220 -
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION - -
<br /> UNEARNED REVENUE 49,753
<br /> TOTAL CURRENT LIABILITIES 3,055,663 241,551
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,975,808
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 5,896,341 3,117,835
<br /> TOTAL LONG TERM LIABILITIES 7,872,149 3,117,835
<br /> TOTAL LIABILITIES 10,927,812 3,359,387
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST 724,500
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 28,286,761 21,740,110
<br /> TOTAL FUND EQUITY 29,011,261 21,740,110
<br /> TOTAL LIABILITIES &FUND EQUITY 39,939,072 25,099,496
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