Budget Message / Highlights - Metropolitan Water Reclamation ...

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
2009 BUDGET
CONSTRUCTION FUND
ESTIMATED BALANCE SHEET
JANUARY 1, 2009 and 2008
ASSETS
2009 2008
AVAILABLE FOR
AVAILABLE FOR
AMOUNT APPROPRIATION AMOUNT APPROPRIATION
CURRENT ASSETS
Cash & Investments $ 22,461,942 $ 22,461,942 $ 32,242,343 $ 32,242,343
Taxes Receivable 77,720 (182,829) 5,266,490 4,918,335
Replacement Tax 2,010,000 2,010,000 - -
Total Current Assets $ 24,549,662 $ 24,289,113 $ 37,508,833 $ 37,160,678
LIABILITIES AND FUND EQUITY
CURRENT LIABILITIES
Unpaid Bills:
Accrued Salaries and Wages $ 148,307 $ 148,307 $ 101,000 $ 101,000
Contracts Payable 2,372,796 2,372,796 963,578 963,578
Personal Services 129,123 129,123 104,000 104,000
Contractual Services 141,125 141,125 119,000 119,000
Materials and Supplies 16,962 16,962 13,000 13,000
Machinery and Equipment - - - -
Due to:
Construction Working Cash Fund - - 5,900,000 5,900,000
Total Current Liabilities $ 2,808,313 $ 2,808,313 $ 7,200,578 $ 7,200,578
Designated for Future Claims Liabilities $ - $ -
Total Current Liabilities and Designations $ 2,808,313 $ 7,200,578
ASSETS APPROPRIABLE FOR 2009 AND 2008
Net Assets Appropriable $ 21,480,800 $ 29,960,100
Net Assets Appropriated $ 21,480,800 $ 29,960,100
Estimated Revenue 14,103,000 2,200,000
Total Assets Appropriable $ 35,583,800 $ 32,160,100
FUND EQUITY
Designated for Future Claim Liabilities $ - $ -
Undesignated 21,741,349 30,308,255
Total Fund Equity $ 21,741,349 $ 30,308,255
Total Liabilities & Fund Equity $ 24,549,662 $ 37,508,833
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