INCOME STATEMENT
August 31, 2017
GENERAL
INCOME AND EXPENSE
Assessment 1 1870.48
Assessment 2 593.28
Late Fees 175.00
Dakota Supply Group 2,238.47 (Well pump & motor)
Evan Hutchings 187.86 (Picnic)
Jim Stewart 146.67 (Picnic)
Great Western Bank 12.00 (Returned check fee)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 5,253.87
NET 4,100.53
Gallons pumped July, 2017 884,600 Gallons sold 839,100 (5.1% loss)
Gallons pumped August, 2017 764,800 Gallons sold 707,200 (7.5% loss)
JULY PAST DUE AUGUST UNPAID (as of 9/2/17)
3 past due 8 unpaid
2 Paid September
1 Paid partial
All paid by 9/6/17
ROADS INCOME
AND EXPNESE
INCOME
No income
EXPENSE
Net Loss (4.95)
$177,172.80
*Includes $103,355.84 assessment payments less loan payments of $50,636.92 (phase 1 - $44,649.51; phase 2 - $5,987.41)
Leaving $109,017.04 non -dedicated funds in the water account.