INCOME STATEMENT
November 30, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late fees 35.00
TOTAL 7826.34
Morford Electric 168.37 (Replace thermostat in pumphouse)
Amy Hall 57.79 (Deposit less water owed)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,517.70
NET 5,308.64
Gallons pumped October 2020 498,237 Gallons sold 438,500 (12.0% loss)
Gallons pumped November 2020 416,210 Gallons sold 366,900 (11.8% loss)
OCTOBER PAST DUE NOVEMBER UNPAID
4 past due 2 unpaid
All paid November
ROADS INCOME
AND EXPENSE
INCOME
No income, however Meade County sent the deposit to
Great Western on November 19. It did
not appear on the November 30 statement.
The amount is $5,064.45.
EXPENSE
John Knight 58.52 (Road salt)
Great Western Bank 4.95 (Service charge)
TOTAL 63.47
NET LOSS (63.47)
$261,947.90
*Includes $199,442.48 assessment payments less loan payments of $136,540.36, leaving $175,797.59 non-dedicated funds in the water account.
Quarterly loan payments of $5,004.71 and $1,603.48 were made 11/15/20