WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

October 31, 2018

GENERAL INCOME AND EXPENSE

WATER INCOME

Water Sales 6034.15

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 200.00

Customer meter deposit (M. Scott) 100.00

TOTAL 5797.91

TOTAL INCOME 8,797.91

GENERAL EXPENSES

Black Hills Power & Light 306.59 (Utility – includes 269.49 tax reform credit)

Lois Lund 690.17 (Contract) 475.00, Quikbooks 215.17)

Clearwater Consulting 1,039.68 (Contract 700.00, billing 334.68, parts 5.00)

SD Public Assurance Alliance 1,515.23 (Insurance)

We Do Re-Do 2,000.00 (Paint Lark Lane Hall)

Hawkins Inc. 22.50 (Chlorine pump parts)

Midcontinent Testing 57.00 (Lab fees)

Jim Stewart 70.00 (Postage & copies)

Great Western Bank 4.95 (Service charge)

TOTAL GENERAL 5,706.12

NET 3,091.79

Gallons pumped September 2018 659,480 Gallons sold 617,200 (6.4% loss)

Gallons pumped October 2018 387,707 Gallons sold 338,500 (12.7% loss)

SEPTEMBER PAST DUE OCTOBER UNPAID

No past due 1 unpaid

ROADS INCOME AND EXPENSE

INCOME

Tax deposit 275.97

EXPENSE

Tim & Peggy Severson 5,150.00 (Loan payment 3 of 5)

Great Western Bank 4.95 (Service charge)

Total 5,154.95

NET LOSS (4,878.98)

Balance in checking - Great Western Bank - WHSD 195,664.49 *

Balance in checking – Great Western Bank – Roads 17,810.50

$213,474.99

*Includes $137,848.48 assessment payments less loan payments of $77,066.65 (phase 1 - $64,665.35; phase 2 - $12,401.30),

leaving $134,882.66 non-dedicated funds in the water account.