INCOME STATEMENT
March 31, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late fees 30.00
TOTAL 6433.69
Midcontinent Testing 60.00 (Lab fees)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,374.65
NET 4,059.04
Gallons pumped February 2020 440,854 Gallons sold 310,300 (29.6% loss)
Gallons pumped March 2020 414,526 Gallons sold 305,900 (26.2% loss)
FEBRUARYPAST DUE MARCH UNPAID
1 past due 4 unpaid
ROADS INCOME
AND EXPENSE
INCOME
Tax income 173.55
EXPENSE
Schultze Landscaping 405.00 (Snow removal )
Randy Alexander 270.00 (Snow removal)
Great Western Bank 4.95 (Service charge)
679.95
NET LOSS (506.40)
$254,797.37
*Includes $179,732.40 assessment payments less loan payments of $116,715.79 (phase 1 - $94,693.61; phase 2 - $22,022.18),
leaving $169,708.24 non-dedicated funds in the water account.