INCOME STATEMENT
October 31, 2017
GENERAL
INCOME AND EXPENSE
Assessment 1 870.48
Assessment 2 593.28
Late Fees 150.00
Returned check
reimburse 45.00
7912.85
Insurance claim 1971.83
SD Public Assurance Alliance 1,635.70 (Insurance)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 3,812.90
NET 6,071.78
Gallons pumped September, 2017 702,600 Gallons sold 689,800 (1.8% loss)
Gallons pumped October, 2017 484,600 Gallons sold 447,200 (7.7% loss)
SEPTEMBER PAST DUE OCTOBER UNPAID
1 past due 1 unpaid (partial payment only)
5
residents paid after the November 1 due date and will be assessed late fees.
ROADS INCOME
AND EXPNESE
INCOME
Tax deposit 243.81
EXPENSE
Net Loss (4,961.14)
$185,191.60
*Includes $108,283.36 assessment payments less loan payments of $50,636.92 (phase 1 - $44,649.51; phase 2 - $5,987.41)
Leaving $117,158.86 non-dedicated funds in the water account.