INCOME STATEMENT
May 31, 2017
GENERAL
INCOME AND EXPENSE
Assessment 1 1870.48
Assessment 2 593.28
Late Fees 150.00
Postmaster 52.00 (Box rent)
Rapid City Journal 15.27 (Legal ad)
Armstrong Extinguisher 41.00 (Extinguisher service)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,228.62
NET 5,411.90
Gallons pumped April 398,000 Gallons sold 360,100 (9.5% loss)
Gallons pumped May 508,200 Gallons sold 484,800 (4.6% loss)
APRIL PAST DUE MAY UNPAID
4 past due 2 unpaid
All paid June
ROADS INCOME
AND EXPNESE
INCOME
Tax deposit 2,226.95
EXPENSE
Net 2,262.00
$166,348.99
*Includes $95,964.56 assessment payments less loan payments of $44,028.73 (phase 1 - $39,644.80; phase 2 - $4,383.93)
Quarterly loan payments of $5,004.71 and $1,603.48 were made 5/15/17