AGUA AgEmergencyGrant Applic

• Applicant: Arkansas Groundwater Users Association
• Grant Type: Severance Tax
• Fiscal Year ‎(i.e. 2008)‎: 2013
• Project Name: Agricultural Emergency Drought Response
• CWCB Section: Water Conservation & Drought Planning
• Related Templates: Drought Mitigation
• Grants - Doc Type: Application

1:47 PM AG UA
07/16/13 Balance Sheet
Cash Basis As of July 16,2013
Jul 16,13
ASSETS
Current Assets
Checking/Savings
Fowler State Bank 231,516.82
Petty Cash 151.55
Total Checking/Savings 231,668.37
Accounts Receivable
Accounts Receivable -3,128.54
Total Accounts Receivable -3,128.54
Other Current Assets
A/R-Prior Year -2,418.00
Certificates of Deposits-Fowler 62,910.70
Prepaid Water Storage Fees 28,848.00
Undeposited Funds 12,122.38
Total Other Current Assets 101,463.08
Total Current Assets 330,002.91
Fixed Assets
Office Equipment 17,194.39
Office Equipment-Accum Depr. -15,250.39
Total Fixed Assets 1,944.00
Other Assets
Capital Improvement-Excelsior(costs on Excelsior Ditch) 34,511.06
Capitalized Costs-Chg of Use 232,947.66
Capitalized Costs-Exchange(Capitalized costs for exchang) 2,468.08
Excelsior Ditch Shares-C15380(Purchase of 1007 Excelsior shares in 1998) 590,590.00
Excelsior Ditch Shares-C150156(Purchase of 785 Excelsior shares in 2003) 879,930.75
Recharge Pond(costs for recharge ponds) 84,377.01
Total Other Assets 1,824,824.56
TOTAL ASSETS 2,156,771.47
LIABILITIES&EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 45,419.00
Total Accounts Payable 45,419.00
Other Current Liabilities
Accrued Interest Payable(Accrued interest)
CWCB Loan 1998-C153808 12,358.87
CWCB Loan 2003-C150156 -36,215.34
Total Accrued Interest Payable(Accrued interest) -23,856.47
Payroll Liabilities 1,519.28
Prepaid Dues Revenue 294.00
Total Other Current Liabilities -22,043.19
Total Current Liabilities 23,375.81
Long Term Liabilities
CWCB Loan 1998 C153808 534,547.74
CWCB Loan 2003 C150156 884,035.91
Total Long Term Liabilities 1,418,583.65
Total Liabilities 1,441,959.46
Equity
Retained Earnings 731,155.05
Net Income -16,343.04
Total Equity 714,812.01
TOTAL LIABILITIES&EQUITY 2,156,771.47