WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

September 30, 2017

GENERAL INCOME AND EXPENSE

WATER INCOME

Water Sales 7168.36

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 150.00

Returned check reimburse 12.00

TOTAL 9,794.12

TOTAL INCOME 9,794.12

GENERAL EXPENSES

Black Hills Power & Light 686.25 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,002.18 (Contract 650.00, non 37.50, billing 309.68, parts 5.00)

Midcontinent Testing 427.00(Lab fees)

Morford Electric 377.55 (Lightening strike repairs)

Great Western Bank 45.00 (Returned check fee)

Great Western Bank 4.95 (Service charge)

TOTAL GENERAL 3,017.97

NET 6,776.15

Gallons pumped August, 2017 764,800 Gallons sold 707,200 (7.5% loss)

Gallons pumped September, 2017 702,600 Gallons sold 689,800 (1.8% loss)

AUGUST PAST DUE SEPTEMBER UNPAID

None 1 unpaid

4 residents paid after the October 1 due date and will be assessed late fees.

ROADS INCOME AND EXPNESE

INCOME

Tax deposit 65.48

Interest .07

Total 65.55

EXPENSE

Gary Hansen 150.00 (Lark Lane repairs)

Great Western Bank 4.95 (Service charge)

Total 154.95

Net Loss (89.40)

Balance in checking - Great Western Bank - WHSD 168,512.11 *

Balance in checking – Great Western Bank – Roads 15,347.44

Balance in savings – Great Western Bank – Roads .00 (account closed and balance transferred to checking)

$183,859.55

*Includes $105,819.60 assessment payments less loan payments of $50,636.92 (phase 1 - $44,649.51; phase 2 - $5,987.41)

Leaving $113,329.43 non -dedicated funds in the water account.