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COMBINED BALANCE SHEETS
<br /> March 2014
<br /> ASSETS ELECTRIC WATER
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 9,761,171 1,356,327
<br /> ACCOUNTS RECEIVABLE 2,745,041 290,950
<br /> INVENTORIES 1,142,334 26,275
<br /> PREPAID ITEMS 192,029 39,513
<br /> CONSTRUCTION IN PROGRESS 1,678,233 30,386
<br /> TOTAL CURRENT ASSETS 15,518,807 1,743,451
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 850,000 -
<br /> EMERGENCY RESERVE FUND 2,261,279 1,139,696
<br /> UNRESTRICTED RESERVE FUND 125,867 135,569
<br /> TOTAL RESTRICTED ASSETS 3,237,146 1,275,266
<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 22,427,572
<br /> GENERAL 11,348,587 939,616
<br /> FIXED ASSETS(COST) 54,364,876 34,757,882
<br /> LESS ACCUMULATED DEPRECIATION (29,361,987) (13,288,779)
<br /> TOTAL FIXED ASSETS, NET 25,002,889 21,469,103
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (89,442) (7,291)
<br /> TOTAL ASSETS 43,669,400 24,480,528
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,540,619 100,755
<br /> SALARIES AND BENEFITS PAYABLE 313,568 107,687
<br /> DUE TO CITY 422,890 0
<br /> DUE TO OTHER FUNDS - -
<br /> BONDS PAYABLE-CURRENT PORTION 640,000 -
<br /> UNEARNED REVENUE 7,595 19,402
<br /> TOTAL CURRENT LIABILITIES 4,924,672 227,845
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,599,871
<br /> DUE TO COUNTY -
<br /> BONDS PAYABLE, LESS CURRENT PORTION 6,215,229 2,076,307
<br /> TOTAL LONG TERM LIABILITIES 7,815,100 2,076,307
<br /> TOTAL LIABILITIES 12,739,772 2,304,152
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST -
<br /> CONTRIBUTED CAPITAL
<br /> RETAINED EARNINGS 30,929,628 22,176,376
<br /> TOTAL FUND EQUITY 30,929,628 22,176,376
<br /> TOTAL LIABILITIES&FUND EQUITY 43,669,400 24,480,528
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