WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

May 31, 2006

 

 

 

INCOME

 

Water Sales 2118.45

Late Fees 50.00

Annual Dues 20.00

 

TOTAL 2188.45

 

Actual Payments 2058.98

Meter deposit 100.00

Interest Great Western Bank .18

 

 

TOTAL 2,159.16

 

 

EXPENSES

 

Black Hills Power & Light 393.49 (Utility)

Lois Lund 401.41 (400.00 Contract, 1.41 postage)

Clearwater Consulting 624.00 (624.00 Contract)

MidContinent Testing 927.92 (Lab fees)

DENR 100.00 (Permit)

Postmaster 26.00 (Box rent)

Great Western Bank 7.50 (Service charge)

 

TOTAL 2,480.32

 

NET LOSS (301.16)

 

 

Balance in checking Great Western Bank (1,288.13) (2519.75 to deposit 6/80)

Balance Dain Rauscher Money Market 3,900.61 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CDs 59,810.15

62,430.13

 

 

 

Gallons pumped April, 2006 770,100 Gallons paid 375,059

Gallons pumped May, 2006 923,100 Gallons paid 502,271

(thru 6/8/06

9 unpaid)