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COMBINED BALANCE SHEET
<br /> APRIL 2015
<br /> ELECTRIC WATER
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 9,408,950 2,151,735
<br /> ACCOUNTS RECEIVABLE 2,817,212 315,264
<br /> INVENTORIES 1,022,476 26,681
<br /> PREPAID ITEMS 151,424 25,747
<br /> CONSTRUCTION IN PROGRESS 136,280 550,201
<br /> TOTAL CURRENT ASSETS 13,536,343 3,069,628
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 490,500 0
<br /> EMERGENCY RESERVE FUND 2,505,285 1,150,698
<br /> UNRESTRICTED RESERVE FUND 38,884 113,824
<br /> TOTAL RESTRICTED ASSETS 3,034,669 1,264,521
<br /> FIXED ASSETS
<br /> PRODUCTION 391,218 11,213,232
<br /> LFG PROJECT 3,804,327 0
<br /> TRANSMISSION 710,988 0
<br /> DISTRIBUTION 34,352,033 21,914,355
<br /> GENERAL 7,685,818 868,443
<br /> FIXED ASSETS(COST) 46,944,383 33,996,029
<br /> LESS ACCUMULATED DEPRECIATION (20,608,613) (13,407,807)
<br /> TOTAL FIXED ASSETS,NET 26,335,770 20,588,222
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (70,829) (6,405)
<br /> TOTAL ASSETS 42,835,953 24,915,967
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,090,700 104,521
<br /> SALARIES AND BENEFITS PAYABLE 349,995 111,385
<br /> DUE TO CITY 489,541 0
<br /> DUE TO OTHER FUNDS 0 0
<br /> BONDS PAYABLE-CURRENT PORTION 390,000 0
<br /> UNEARNED REVENUE 6,751 26,727
<br /> TOTAL CURRENT LIABLITIES 4,326,988 242,633
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,408,358 0
<br /> DUE TO COUNTY 0 0
<br /> BONDS PAYABLE,LESS CURRENT PORTION 3,605,331 1,850,092
<br /> TOTAL LONG TERM LIABILITIES 5,013,689 1,850,092
<br /> TOTAL LIABILITIES 9,340,676 2,092,725
<br /> FUND EQUITY
<br /> CAPITAL ACCOUNT CONST COST 490,500 0
<br /> CONTRIBUTED CAPITAL 0 0
<br /> RETAINED EARNINGS 32,478,554 23,086,532
<br /> NET INCOME(LOSS)(THROUGH PREVIOUS MONTH) 526,222 (263,291)
<br /> TOTAL FUND EQUITY 33,495,276 22,823,241
<br /> TOTAL LIABILITIES&FUND EQUITY 42,835,953 24,915,967
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