Pure Cycle Corporation Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES	12 Months Ended
ACCRUED LIABILITIES	Aug. 31, 2013
Accrued Liabilities
ACCRUED LIABILITIES	NOTE 6 – ACCRUED LIABILITIES At August 31, 2013, the Company had accrued liabilities of $264,700, of which $156,200 was for estimated property taxes on the Sky Ranch property, $56,700 was for professional fees, $30,300 for prepaid farm lease payments and the remaining $21,500 was related to operating payables. At August 31, 2012, the Company had accrued liabilities of $172,600, of which $60,500 was for estimated property taxes on the Sky Ranch property, $56,800 was for professional fees, $33,500 for prepaid farm lease payments and the remaining $21,800 was related to operating payables.