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COMBINED BALANCE SHEETS
<br /> December 2013
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 9,029,797 2,116,867
<br /> ACCOUNTS RECEIVABLE 2,557,864 259,460
<br /> INVENTORIES 967,736 15,932
<br /> PREPAID ITEMS 178,028 40,418
<br /> CONSTRUCTION IN PROGRESS 1,554,843 710,456
<br /> TOTAL CURRENT ASSETS 14,288,267 3,143,133
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 630,500 -
<br /> EMERGENCY RESERVE FUND 2,252,677 1,137,546
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,009,044 1,273,115
<br /> FIXED ASSETS
<br /> PRODUCTION 2,441,903 10,687,043
<br /> LFG PROJECT 4,279.628
<br /> TRANSMISSION 474,335 -
<br /> DISTRIBUTION 36,258,568 22,423,653
<br /> GENERAL 11,364,406 939,616
<br /> FIXED ASSETS(COST) 54,818,840 34,050,312
<br /> LESS ACCUMULATED DEPRECIATION (29,242,345) (13,008,780)
<br /> TOTAL FIXED ASSETS, NET 25,576,495 21,041,532
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (29,982) (7,496)
<br /> TOTAL ASSETS 42,843,824 25,450,284
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,821,140 340,390
<br /> SALARIES AND BENEFITS PAYABLE 393,425 108,403
<br /> DUE TO CITY 210,773 -
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION 303,000 527,000
<br /> UNEARNED REVENUE - 43,191
<br /> TOTAL CURRENT LIABILITIES 4,728,339 1,018,984
<br /> LONG TERM LIABILITIES
<br />• LFG PROJECT 1,599.871
<br /> DUE TO COUNTY
<br /> BONDS PAYABLE, LESS CURRENT PORTION 4,788,581 2,075,895
<br /> TOTAL LONG TERM LIABILITIES 6,388,452 2,075,895
<br /> TOTAL LIABILITIES 11,116,791 3,094,879
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST -
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 31,727,033 22,355,405
<br /> TOTAL FUND EQUITY 31,727,033 22,355,405
<br /> TOTAL LIABILITIES&FUND EQUITY 42,843,824 25,450,284
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