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COMBINED BALANCE SHEETS
<br /> November 2012
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH &TEMPORARY INVESTMENTS 7,456,049 1,894,954
<br /> ACCOUNTS RECEIVABLE 2,751213 344,485
<br /> INVENTORIES 919,588 14,677
<br /> PREPAID ITEMS 47,240 9,138
<br /> CONSTRUCTION IN PROGRESS 1,111,821 55,748
<br /> TOTAL CURRENT ASSETS 12,285,910 2,319,002
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 724,500 -
<br /> EMERGENCY RESERVE FUND 2,220,582 1,129,522
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,070,949 1,265,092
<br /> FIXED ASSETS
<br /> PRODUCTION 2,410,451 10,654,605
<br /> LFG PROJECT 4,336,112
<br /> TRANSMISSION 474,335
<br /> DISTRIBUTION 34,718,626 21,826,278
<br /> GENERAL 10,991,456 927,504
<br /> FIXED ASSETS(COST) 52,930,980 33,408,387
<br /> LESS ACCUMULATED DEPRECIATION (27,763,887) (11,902,745)
<br /> TOTAL FIXED ASSETS, NET 25,167,092 21,505,642
<br /> OTHER ASSETS 58,423 67,982
<br /> TOTAL ASSETS 40,582,375 25,157,718
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 2,720,700 77,762
<br /> SALARIES AND BENEFITS PAYABLE 234,372 85,068
<br /> DUE TO CITY - -
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION - -
<br /> UNEARNED REVENUE 37,314
<br /> TOTAL CURRENT LIABILITIES 2,955,073 200,145
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,975,812
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 5,897,440 3,118,110
<br /> TOTAL LONG TERM LIABILITIES 7,873,252 3,118,110
<br /> TOTAL LIABILITIES 10,828,324 3,318,254
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST 724,500
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 29,029,551 21,839,463
<br /> TOTAL FUND EQUITY 29,754,051 21,839,463
<br /> TOTAL LIABILITIES&FUND EQUITY 40,582,375 25,157,718
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