Annual report pursuant to Section 13 and 15(d)

WATER AND LAND ASSETS (Tables)

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WATER AND LAND ASSETS (Tables)
12 Months Ended
Aug. 31, 2015
Investments In Water Water Systems Land And Improvements Tables  
Schedule of water and water systems
    August 31, 2015     August 31, 2014  
    Costs     Accumulated Depreciation and Depletion     Costs     Accumulated Depreciation and Depletion  
Arkansas River assets   $ -     $ -     $ 67,746,400     $ (1,488,600 )
Rangeview water supply     14,444,600       (8,800 )     14,444,600       (8,400 )
Sky Ranch water rights and other costs     6,440,800       (194,600 )     6,004,000       (93,000 )
Fairgrounds water and water system     2,899,900       (798,700 )     2,899,900       (710,600 )
Rangeview water system     1,256,300       (110,300 )     1,148,200       (77,900 )
Water supply – other     3,973,300       (193,900 )     1,050,200       (90,900 )
Totals     29,014,900       (1,306,300 )     93,293,300       (2,469,400 )
Net investments in water and water systems   $ 27,708,600             $ 90,823,900