WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

September 30, 2008

 

INCOME

 

Water Sales 3416.10

Late Charges 90.00

Meter Deposit 100.00

 

TOTAL 3,606.10

 

Actual Payments 3632.55

Interest Great Western Bank 1.06

Interest Dain Rauscher 224.96

 

TOTAL 3,858.57

 

EXPENSES

 

Black Hills Power & Light 467.63(Utility)

Lois Lund 413.80 (Contract 400.00, postage 13.80)

Clearwater Consulting 1,538.60 (Contract 624.00, non contract 851.50, maintenance 63.10)

Dakota Bice Drillling LLC 2,869.90 (Well pump repairs)

Cimarron Drilling Inc. 8,729.52 (Well pump repairs)

Morford Electric 367.20 (Well pump repairs)

DainRauscher 100.00 (Annual maintenance fee)

 

TOTAL 14,486.65

NET LOSS (10,628.08)

 

 

Balance in checking Great Western Bank (1,439.02

Balance Dain Rauscher Money Market 47,270.68 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CDs 21,743.04

67,574.70

 

Gallons pumped August, 2008 847,700 Gallons reported 654,546

Gallons pumped September, 2008 629,800 Gallons reported 439,895

(thru 10/8/08

8 unpaid)

 

 

 

 

SEPTEMBER PAST DUE OCTOBER UNPAID

 

3 with 1 paid in October 8 with postcard notifications sent to all