BALANCE SHEET

GKWMLL SANITARY DISTRICT-Operating 9:41 AM
Balance Sheet 03/07/2019
As of February 28, 2019 Accrual Basis
Feb 28, 19
ASSETS
Current Assets
Checking/Savings
100 · Checking Account-Operating 247,594.99
103 · Operating Savings Account 59,887.36
104 · Money Market Checking 2,229,654.72
Total Checking/Savings 2,537,137.07
Accounts Receivable
116 · Accounts Receivable 23,286.44
Total Accounts Receivable 23,286.44
Other Current Assets
110 · Taxes Receivable Current 14,366.00
115 · Accounts Rec – Manual Entry 116,047.24
122 · Undeposited Funds-System 461.28
Total Other Current Assets 130,874.52
Total Current Assets 2,691,298.03
Fixed Assets
162 · Infratructure 22,318.00
Total Fixed Assets 22,318.00
Other Assets
111 · Taxes Receivable-Long Term 33,625.00
180 · Deferred Outflow-Sub Contr 2,082.00
185 · Deferred Outflow-Diff Act-Proj 330.00
186 · Deferred Outflow-Chg in Assump 8,479.00
187 · Deferred Outflow – Experience 1,683.00
188 · Def Outflow – Chnage Prp Share 4,236.00
Total Other Assets 50,435.00
TOTAL ASSETS 2,764,051.03
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
201 · Accounts Payable -9.93
Total Accounts Payable -9.93
Other Current Liabilities
203 · Other Accrued Liabilities 2,037.00
210 · Payroll Liabilities 2,823.54
216 · Cur Port of ML Wastewater 123,285.00
224 · Current Portion of Canon Lease 921.00
Total Other Current Liabilities 129,066.54
Total Current Liabilities 129,056.61
Long Term Liabilities
212 · ML WASTEWATER DEBT FEES 1,248,939.00
215 · ML Waste Water Liability 182,799.00
225 · 2001 G.O. Revenue Note-MN PFA -30,543.75
240 · Long Term Capital Lease 940.00
250 · DEFERRED INFLOWS-CHANGE PROP 4,953.00
251 · Def Outflow Chg in Assumption 5,120.00
255 · DEFERRED INFLOW- EXPER 3,286.00
260 · NET PENSION LIABILITY 51,071.00
Total Long Term Liabilities 1,466,564.25
Total Liabilities 1,595,620.86
Equity
300 · Net Assets Unrestricted 199,547.84
320 · Prior Year Income-Close 822,223.41
Net Income 146,658.92
Total Equity 1,168,430.17
TOTAL LIABILITIES & EQUITY 2,764,051.03