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COMBINED BALANCE SHEETS
<br />Nov-05
<br />ASSETS ELECTRIC WATER
<br />CURRENT ASSETS
<br />CASH & TEMPORARY INVESTMENTS 907,773.83 724,245.45
<br />ACCOUNTS RECEIVABLE 1,289,422.02 294,102.01
<br />INVENTORIES 1,111,789.27 56,059.73
<br />PREPAID ITEMS 66,675.05 11,577.05
<br />CONSTRUCTION IN PROGRESS 144,092.80 512,783.61
<br />TOTAL CURRENT ASSETS 3,519,752.97 1,598,767.85
<br />RESTRICTED ASSETS
<br />EMERGENCY RESERVE FUND 95,000.00
<br />CONSTRUCTION RESERVE FUND 1,212,464.26 1,000,000.00
<br />TOTAL RESTRICTED ASSETS 1,307,464.26 1,000,000.00
<br />FIXED ASSETS
<br />PRODUCTION 2,339,142.74 9,113,605.37
<br />LFG PROJECT 3,048,596.31
<br />TRANSMISSION 453,005.00
<br />DISTRIBUTION 21,327,068.65 17,190,489.80
<br />GENERAL 9,164,784.08 714,380.93
<br />FIXED ASSETS (COST) 36,332,596.78 27,018,476.10
<br />LESS ACCUMULATED DEPRECIATION (13,635,087.80) (5,171,545.84)
<br />TOTAL FIXED ASSETS, NET 22,697,508.98 21,846,930.26
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<br />OTHER ASSETS 23,500.97 95,467.53
<br />TOTAL ASSETS 27,548,227.18 24,541,165.64
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<br />LIABILITIES AND FUND EQUITY
<br />CURRENT LIABILITIES
<br />ACCOUNTS PAYABLE 688,472.65 37,770.07
<br />SALARIES AND BENEFITS PAYABLE 172,058.50 55,507.59
<br />DUE TO CITY
<br />DUE TO OTHER FUNDS 192,769.69 6,118.08
<br />BONDS PAYABLE-CURRENT PORTION 124,919.00
<br />TOTAL CURRENT LIABILITIES 1,178,219.84 99,395.74
<br />LONG TERM LIABILITIES
<br />LFG PROJECT 2,413,308.04
<br />DUE TO COUNTY 20,560.08
<br />BONDS PAYABLE, LESS CURRENT PORTION 2,378,860.00 6,146,250.72
<br />TOTAL LONG TERM LIABILITIES 4,812,728.12 6,146,250.72
<br />TOTAL LIABILITIES 5,990,947.96 6,245,646.46
<br />FUND EQUITY
<br />CONTRIBUTED CAPITAL
<br />RETAINED EARNINGS 21,557,279.22 18,295,519.18
<br />TOTAL FUND EQUITY 21,557,279.22 18,295,519.18
<br />TOTAL LIABILITIES & FUND EQUITY 27,548,227.18 24,541,165.64
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