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COMBINED BALANCE SHEET
<br /> JUNE 2015
<br /> ELECTRIC WATER
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH&TEMPORARY INVESTMENTS 10,275,601 2,374,040
<br /> ACCOUNTS RECEIVABLE 2,757,756 321,282
<br /> INVENTORIES 1,400,456 27,220
<br /> PREPAID ITEMS 190,174 36,356
<br /> CONSTRUCTION IN PROGRESS 302,887 561,551
<br /> TOTAL CURRENT ASSETS 14,926,874 3,320,449
<br /> RESTRICTED ASSETS
<br /> BOND RESERVE FUND 490,500 0
<br /> EMERGENCY RESERVE FUND 2,510,276 1,151,933
<br /> UNRESTRICTED RESERVE FUND 38,884 113,824
<br /> TOTAL RESTRICTED ASSETS 3,039,660 1,265,756
<br /> FIXED ASSETS
<br /> PRODUCTION 391,218 11,213,232
<br /> LFG PROJECT 3,804,327 0
<br /> TRANSMISSION 710,988 0
<br /> DISTRIBUTION 34,368,265 21,917,659
<br /> GENERAL 7,733,398 880,338
<br /> FIXED ASSETS(COST) 47,008,195 34,011,229
<br /> LESS ACCUMULATED DEPRECIATION (20,927,895) (13,595,008)
<br /> TOTAL FIXED ASSETS,NET 26,080,300 20,416,220
<br /> OTHER ASSETS AND DEFFERED OUTFLOWS (67,966) (6,269)
<br /> TOTAL ASSETS 43,978,868 24,996,157
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 3,475,624 100,021
<br /> SALARIES AND BENEFITS PAYABLE 398,750 121,068
<br /> DUE TO CITY 611,867 0
<br /> DUE TO OTHER FUNDS 0 0
<br /> BONDS PAYABLE-CURRENT PORTION 390,000 0
<br /> UNEARNED REVENUE 5,063 139,521
<br /> TOTAL CURRENT LIABLITIES 4,881,304 360,609
<br /> LONG TERM LIABILITIES
<br /> LFG PROJECT 1,408,358 0
<br /> DUE TO COUNTY 0 0
<br /> BONDS PAYABLE,LESS CURRENT PORTION 3,606,409 1,850,367
<br /> TOTAL LONG TERM LIABILITIES 5,014,767 1,850,367
<br /> TOTAL LIABILITIES 9,896,072 2,210,976
<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) 1,113,742 (301,351)
<br /> TOTAL FUND EQUITY 34,082,797 22,785,181
<br /> TOTAL LIABILITIES&FUND EQUITY 43,978,868 24,996,157
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