INCOME STATEMENT
June 30, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late fees 25.00
Meter deposit – Benton 100.00
TOTAL 7571.49
Hawkins Inc 455.05 (Chlorine)
Morford Electric 153.06 (Repairs)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 4,927.05
NET 2,644.41
Gallons pumped May 2020 492,117 Gallons sold 368,300(25.2% loss)
Gallons pumped June 2020 602,042 Gallons sold 469,100 (22.1% loss)
MAYPAST DUE JUNE UNPAID
3 pst due 5 unpaid
All paid June
ROADS INCOME
AND EXPENSE
INCOME
Tax income 2,299.26
EXPENSE
Great Western Bank 4.95 (Service charge)
NET 2,294.31
$268,579.25
*Includes $187,123.68 assessment payments less loan payments of $123,323.98, leaving $175,266.14 non-dedicated funds in the water account.