INCOME STATEMENT
February 28, 2023
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Meter deposit – Cline 100.00
Late fees 5.00
TOTAL 8167.08
TOTAL GENERAL
3,378.85
NET 4,788.23
Gallons pumped January, 2023 384,320 Gallons sold 331,500 (13.7% loss)
Gallons pumped February, 2023 429,862 Gallons sold 372,500 (13.3% loss)
JANUARY PAST DUE FEBRUARY UNPAID
2 past due with one paid February 4 unpaid
ROADS INCOME
AND EXPENSE
INCOME
Tax income 336.36
EXPENSE
Schulze Landscaping 600.00 (Snow plowing)
NET LOSS (263.64)
$344,386.56
*Includes $265,964.00 assessment payments less loan payments of $196,014.07, leaving $219,711.79 non-dedicated funds in the water account.
Quarterly payments of $5,004.71 and $1,603.48 were made 2/15/23