Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

ACCRUED LIABILITIES	6 Months Ended
Feb. 28, 2014
Accrued Liabilities
ACCRUED LIABILITIES	NOTE 8 ACCRUED LIABILITIES At February 28, 2014, the Company had accrued liabilities of $175,000, of which $46,200 was for estimated property taxes, $38,700 was for professional fees, $54,900 was for farm lease prepayments, and $35,200 related to operating payables. At August 31, 2013, the Company had accrued liabilities of $264,700, of which $156,100 was for estimated property taxes, $56,700 was for professional fees, $30,300 was for farm lease prepayments, and the remaining $21,600 related to operating payables.

ACCRUED LIABILITIES

6 Months Ended

Feb. 28, 2014

NOTE 8 ACCRUED LIABILITIES

At February 28, 2014, the Company had accrued liabilities of $175,000, of which $46,200 was for estimated property taxes, $38,700 was for professional fees, $54,900 was for farm lease prepayments, and $35,200 related to operating payables.

At August 31, 2013, the Company had accrued liabilities of $264,700, of which $156,100 was for estimated property taxes, $56,700 was for professional fees, $30,300 was for farm lease prepayments, and the remaining $21,600 related to operating payables.