Balance Sheet As of December 31, 2014

Transcription

1 Dec 31,14 ASSETS Current Assets Checking/Savings Clackamas County Bank Clackamas Cnty Bank MM S State Farm Money Market Petty Cash Bank Total Checking/Savings Accounts Receivable Accounts Receivable Total Accounts Receivable Other Current Assets Prepaid Business Insurance Total Other Current Assets Total Current Assets Fixed Assets Equipment Assets >$5K Alarm Unit 07/06 S/L10 Total Alarm Unit 07/06 Chlorine Pump 07/03 S/L20 Total Chlorine Pump 07/03 Generator, Guardian Elite 3/11 Total Generator, Guardian Elite 3/11 Paperless Chart Recorder 3/09 S/L5 Total Paperless Chart Recorder 3/09 SCADA-2013 Accum Depr Total SCADA-2013 Total Equipment Assets >$SK Distrib System Asset >$SK Sw^inging Bridge Install 9/2014 Total Swinging Bridge Install 9/2014 Main Line 7/00 s S/L20 Total Main Line 7/00 Distrib Sys Upgrade 12/10 Total Distrib Sys Upgrade 12/10 Distrib Sys Upgrade 12/12 2,79-2, , , , , ,56-2, , ,95 53, , ,20-1, , , , , , ,95 14, , , , , , , , , , , ,868.78

2 12:51 PM Accrual Basis Dec Total Distrib Sys Upgrade 12/12 21, Distrib Sys Upgrade 12/ Total Distrib Sys Upgrade 12/ Total Distrib System Asset >$5K 47, Water Plant Asset >$5K Water Treatment Plant 01/98 117, S/L20-100, Total Water Treatment Plant 01/98 17, Pressure Valve House 7/99 1, S/L20-1, Total Pressure Valve House 7/ Filtration Plant Addition 7/ S/L Total Filtration Plant Addition 7/ Filtration 12/01 39, S/L20-25, Total Filtration 12/01 13, Water Plant Upgrade 7/08 19, S/L20-6, Total Water Plant Upgrade 7/08 13, Water Plant Upgrade 7/09 42, S/L20-11, Total Water Plant Upgrade 7/09 30, Water Treatment Plant 12/10 158, , Total Water Treatment Plant 12/10 31, Total Water Plant Asset >$5K 107, Total Fixed Assets 177, Other Assets WORK IN PROGRESS Diversion Dam Project 4, Diversion Dam Project , Total Diversion Dam Project , Highway 26 Project Service Meters 60@$450 20, Service Meters , Accum Depr Total Service Meters , Total WORK IN PROGRESS 74, Amortized Assets Page 2

3 12:51 PM Accrual Basis Dec 31,14 state Master Plan 9/02 4,00 Accum Amort S/L10-4,00 Total State Master Plan 9/02 State Master Plan 09/12 3,75 Accum Amortization Total State Master Plan 09/12 3, Total Amortized Assets 3, Certificates of Deposit Ste Frm CD /03/15 11, Total Certificates of Deposit 11, Ameriprise Investments 42, Security Fees on Projects 1,00 Liens on File> than one year 37E03BD /01/10 1, E03BD /04/ E03BA /04/ E03BA /24/ E02C00100C7 3/3/ Allowance for Doubtful Liens -3, Total Liens on File> than one year Total Other Assets 132, TOTAL ASSETS 342, LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable 1, Total Accounts Payable 1, Total Current Liabilities 1, Total Liabilities 1, Equity Restricted Net Assets 239, Unrestricted Net Assets 125, Net Income -23, Total Equity 340, TOTAL LIABILITIES & EQUITY 342, Page 3

4 1:08 PM Cash Basis Profit & Loss Budget vs. Actual January through December 2014 Jan - Dec 14 Budget $ Over Budget Ordinary Income/Expense Income 2014 Member Base Rate(3S8) 82, ,13-1, Full Time Members(163) 26, ,52-2, Part Time Members(195) 19, , Non-Use Member Fees(27) 1,67 1, Commercial M BR (18) 4, , Commercial V$100/cbtt(2260 2, , System Connection 1,50 Member Base Water Rate Full Time Members Water Service 35 Part Time Members Water Service 6.38 Bulk Rate Base/ED JL=11 FL=24 Commercial 3500 AnnI Non Use Misc Income Revenue Other (Fees Collected) ,50-1, Total MIsc Income ,50-1, Interest Income Interest Earned on Reserves ,70-1, Total Interest Income ,70-1, Investment Income Dividend Income on Investments Tax Exempt 1, Total Dividend Income on Investments 1, Capital Gain Ois Realized Gains/(Losses) Unrealized Galns/(Losses) -503,79 Total Investment Income 1, Other Revenue (fees collected) Water Purchases 1,29 Mo PP Billing Fee Shut Off Charge Turn on Fee Transfer Fee 2,70 Return Check 7 Late Fees 38 Finance Charge Lien Fees Other Revenue (fees collected) - Other Total Other Revenue (fees collected) 5, Total Income 147, , , Gross Profit 147, , , Expense Amortization Expense Bad Debts 2, , Bank Fees Depreciation Expense 24, , Dues/Subscriptions/Membership Education(Jacob every 3yrs) 1, , Insurance Expense 4, ,25-1, Licenses,Fees & Permlts(DHS3yr) 3, , Meeting Expenses Office/Admin Expenses 1, , Professional Fees 1, , Repairs/Maintenance Routine Repairs Subcontractors 8 Materials ,00-3, Labor 2, ,00-9, Total Routine Repairs 2, ,00-13, Storage Tank 1,00-1,00 Total Repairs/Maintenance 2, ,000,00-14, Misc/Other Expenses Contracted Services Executive Secretary 9,96 10,00-4 Pagel

5 1:06 PM Cash Basis Profit & Loss Budget vs. Actual January through December 2014 Jan - Dec 14 Budget $ Over Budget Water Master IC 16,14 16,14 Total Contracted Services 26,10 26,14-4 Supplies/Maintenance Filtration Plant Supplies Distribution System Supplies 10, ,00 3,10-1, , Total Supplies/Maintenance 10, ,10-4, Utilities Electric Propane Other Utility Expenses 1, , Total Utilities 2, , Water Testing/Lab Fees 1,70 1,40 30 Total Expense 85, ,12-16, Net Ordinary income 62, , , Other Income/Expense Other Expense Capital Expenses Highway 26 Project Service Line Meterlng( ) ZZ Cross/Swing Bridge Line Repl 22, , ,00 18,00 50,00-2, , , Total Capital Expenses 85, ,00-7, In House Control Accounts Sale of Asset Prior Year Adjustments Suspense Voided Check Total In House Control Accounts Total Other Expense 85, ,00-7, Net Other Income -85, ,00 7, Net income -23, , , Page 2