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COMBINED BALANCE SHEETS
<br /> February 2014
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 8,077,380 1,326,714
<br /> ACCOUNTS RECEIVABLE 2,986,545 368,866
<br /> INVENTORIES 1,003,220 27,597
<br /> PREPAID ITEMS 224,716 42,316
<br /> CONSTRUCTION IN PROGRESS 1,595,054 29,996
<br /> TOTAL CURRENT ASSETS 13,886,915 1,795,489
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 647,000 -
<br /> EMERGENCY RESERVE FUND 2,261,276 1,139,696
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,034,142 1,275,265
<br /> FIXED ASSETS
<br /> PRODUCTION 2,441,903 11,390,694
<br /> LFG PROJECT 3,844,628 -
<br /> TRANSMISSION 474,335 -
<br /> DISTRIBUTION 36,255,423 22,426,294
<br /> GENERAL 11,348,587 939,616
<br /> FIXED ASSETS(COST) 54,364,876 34,756,603
<br /> LESS ACCUMULATED DEPRECIATION (29,170,321) (13,195,446)
<br /> TOTAL FIXED ASSETS, NET 25,194,555 21,561,157
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (29,437) (7,359)
<br /> TOTAL ASSETS 42,086,176 24,624,551
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,516,909 (82,759)
<br /> SALARIES AND BENEFITS PAYABLE 344,229 102,550
<br /> DUE TO CITY 525,456 243,713
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION 235,000 -
<br /> UNEARNED REVENUE 8,439 25,870
<br /> TOTAL CURRENT LIABILITIES 4,630,032 289,374
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,599,871
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 4,589,680 2,076,170
<br /> TOTAL LONG TERM LIABILITIES 6,189,551 2,076,170
<br /> TOTAL LIABILITIES 10,819,583 2,365,544
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<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST -
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 31,266,593 22,259,007
<br /> TOTAL FUND EQUITY 31,266,593 22,259,007
<br /> TOTAL LIABILITIES&FUND EQUITY 42,086,176 24,624,551
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