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5.1. SR 05-14-2001
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5.1. SR 05-14-2001
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EXHIBIT E-10 <br />CITY DFELK RIVER, MINNESOTA <br />SEWAGE DISPOSAL FUND <br />COMPARATIVE BALANCE SHEETS <br />DECEMBER 31.28U8AND 1Q09 <br />76 <br />2000 <br />1999 <br />ASSETS <br />CURRENT ASSETS <br />Cash and investments <br />$ 3.428.124 <br />0 <br />2.834.985 <br />Interest receivable <br />28.361 <br />25.122 <br />Due from other funds <br />78.231 <br />67.725 <br />TOTAL CURRENT ASSETS <br />3.534.716 <br />2,727.812 <br />FIXED ASSETS <br />Land and improvements <br />411.095 <br />411,895 <br />Waste water treatment plant <br />8.556.723 <br />8.424,914 <br />Collection system <br />2.234.480 <br />2.200.272 <br />Machinery and equipment <br />271,902 <br />368.703 <br />TOTAL FIXED ASSETS, COST <br />11.474,280 <br />11 '404,984 <br />LESS ACCUMULATED DEPRECIATION <br />4,446.327 <br />4.152.067 <br />TOTAL FIXED, ASSETS, NET <br />7,027.953 <br />7.252.317 <br />OTHER ASSETS <br />Unmmortizedbond discount <br />38.806 <br />41.622 <br />TOTALASGETS <br />$ 10.601,275 <br />$ <br />10.021.751 <br />LIABILITIES AND FUND EQUITY <br />CURRENT LIABILITIES <br />Accounts and contracts payable <br />$ 10.155 <br />$ <br />1O.304 <br />Salaries and benefits payable <br />15.522 <br />12,177 <br />Bonds payable, current portion <br />188.000 <br />170,008 <br />TOTAL CURRENT LIABILITIES <br />213.677 <br />192.481 <br />LONG-TERM LIABILITY <br />Bonds payable, less current portion above <br />8.805,000 <br />3'185.008 <br />TOTAL LIABILITIES <br />3,218,877 <br />3.377'481 <br />FUND EQUITY <br />Contributed capital <br />2,887.733 <br />2.687,733 <br />Retainedeanningo- <br />Unresemed <br />4.694.865 <br />3.056.537 <br />TOTAL FUND EQUITY <br />7.382.598 <br />6.644.270 <br />TOTAL LIABILITIES AND FUND EQUITY <br />$ 10.801,275 <br />$ <br />10.021.751 <br />76 <br />
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