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COMBINED BALANCE SHEETS
<br /> July 2013
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 8,526,368 1,633,338
<br /> ACCOUNTS RECEIVABLE 3,085,924 379,185
<br /> INVENTORIES 1,153,502 26,962
<br /> PREPAID ITEMS 119,292 30,036
<br /> CONSTRUCTION IN PROGRESS 941,160 347,889
<br /> TOTAL CURRENT ASSETS 13,826,245 2,417,410
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 724,500 -
<br /> EMERGENCY RESERVE FUND 2,240,510 1,134,438
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,090,877 1,270,007
<br /> FIXED ASSETS
<br /> PRODUCTION 2,441,903 10,687,043
<br /> LFG PROJECT 4,336,112 -
<br /> TRANSMISSION 474,335 -
<br /> DISTRIBUTION 35,515,017 22,057,189
<br /> GENERAL 11,449,699 939,616
<br /> FIXED ASSETS(COST) 54,217,065 33,683,847
<br /> LESS ACCUMULATED DEPRECIATION (29,140,304) (12,606,338)
<br /> TOTAL FIXED ASSETS, NET 25,076,761 21,077,509
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (31,345) (7,836)
<br /> TOTAL ASSETS 41,962,538 24,757,090
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,554,442 446,971
<br /> SALARIES AND BENEFITS PAYABLE 224,460 83,169
<br /> DUE TO CITY 22,573 -
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION 225,000 -
<br /> UNEARNED REVENUE 3,442 85,896
<br /> TOTAL CURRENT LIABILITIES 4,029,918 616,036
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,789,224
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 5,313,834 2,602,208
<br /> TOTAL LONG TERM LIABILITIES 7,103,058 2,602,208
<br /> TOTAL LIABILITIES 11,132,976 3,218,244
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST 724,500
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 30,105,062 21,538,846
<br /> TOTAL FUND EQUITY 30,829,562 21,538,846
<br /> TOTAL LIABILITIES&FUND EQUITY 41,962,538 24,757,090
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