|
COMBINED BALANCE SHEET
<br /> MAY 2015
<br /> ELECTRIC WATER
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 9,762,702 2,172,720
<br /> ACCOUNTS RECEIVABLE 2,782,205 406,116
<br /> INVENTORIES 1,071,854 26,805
<br /> PREPAID ITEMS 143,155 27,235
<br /> CONSTRUCTION IN PROGRESS 165,062 552,407
<br /> TOTAL CURRENT ASSETS 13,924,978 3,185,283
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 490,500 0
<br /> EMERGENCY RESERVE FUND 2,507,119 1,151,156
<br /> UNRESTRICTED RESERVE FUND 38,884 113,824
<br /> TOTAL RESTRICTED ASSETS 3,036,503 1,264,980
<br /> FIXED ASSETS
<br /> PRODUCTION 391,218 11,213,232
<br /> LFG PROJECT 3,804,327 0
<br /> TRANSMISSION 710,988 0
<br /> DISTRIBUTION 34,359,818 21,914,355
<br /> GENERAL 7,733,398 880,338
<br /> FIXED ASSETS(COST) 46,999,748 34,007,924
<br /> LESS ACCUMULATED DEPRECIATION (20,768,548) (13,501,778)
<br /> TOTAL FIXED ASSETS,NET 26,231,200 20,506,146
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (69,397) (6,337)
<br /> TOTAL ASSETS 43,123,284 24,950,072
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,067,674 91,533
<br /> SALARIES AND BENEFITS PAYABLE 376,492 116,231
<br /> DUE TO CITY 549,698 0
<br /> DUE TO OTHER FUNDS 0 0
<br /> BONDS PAYABLE-CURRENT PORTION 390,000 0
<br /> UNEARNED REVENUE 5,907 122,259
<br /> TOTAL CURRENT LIABLITIES 4,389,771 330,024
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,408,358 0
<br /> DUE TO COUNTY 0 0
<br /> BONDS PAYABLE,LESS CURRENT PORTION 3,605,870 1,850,230
<br /> TOTAL LONG TERM LIABILITIES 5,014,228 1,850,230
<br /> TOTAL LIABILITIES 9,403,999 2,180,253
<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) 750,230 (316,713)
<br /> TOTAL FUND EQUITY 33,719,284 22,769,819
<br /> TOTAL LIABILITIES&FUND EQUITY 43,123,284 24,950,072
<br /> 30
<br />
|