INCOME STATEMENT
May 31, 2018
GENERAL
INCOME AND EXPENSE
Assessment 1 1870.48
Assessment 2 593.28
Late Fees 150.00
TOTAL 7788.28
Postmaster 54.00 (Meter deposit refund)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,200.77
NET 5,587.51
Gallons pumped April 2018 386,114 Gallons sold 336,900 (12.8% loss)
Gallons pumped May 2018 355,100 Gallons sold 355,100 (12.7% loss)
APRIL PAST DUE MAY UNPAID
1 past due (late fees) 4 Unpaid
ROADS INCOME
AND EXPENSE
INCOME
Tax deposit 3,861.14
EXPENSE
NET 3,856.46
$197,320.75
*Includes $125,529.68 assessment payments less loan payments of $70,191.49 (phase 1 - $59,660.64; phase 2 - $10,797.82),
leaving $122,316.13 non-dedicated funds in the water account.
Quarterly payments of $5,004.71 and $1,603.48 made May, 2018
Remaining principal balance Phase 1 - $265,823.03; Phase 2 - $91,723.491