INCOME STATEMENT
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late fees 45.00
Meter deposit 300.00
(Hogan, DeWeerd, Visser)
TOTAL 7589.83
Midcontinent Testing 60.00 (Lab fees)
SD Public Assurance
Patrick Griffith 100.00 (Deposit refund)
Elena Lewis 64.34(Deposit refund less water owed)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 4,071.48
NET 3,518.35
Gallons pumped September 2019 570,848 Gallons sold 470,100 (17.6% loss)
Gallons pumped October 2019 446,424 Gallons sold 356,300 (20.2% loss)
SEPTEMBER PAST DUE OCTOBER UNPAID
4 past due 2 unpaid
All paid October
ROADS INCOME
AND EXPENSE
INCOME
Tax income 668.69
EXPENSE
Tim & Peggy Severson 5100.00 (Loan payment #4)
Simon
208.00 (Snow removal
Great Western Bank 4.95 (Service charge)
5,312.95
NET LOSS -4,644.26
$240,795.78
*Includes $167,413.60 assessment payments less loan payments of $103,499.41 (phase 1 - $84,684.19; phase 2 - $18,815.22),
leaving $160,242.44 non-dedicated funds in the water account.