WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

December 31, 2008

 

INCOME

 

Water Sales 2142.15

Late Charges 90.00

Meter Deposit 100.00

 

TOTAL 2,332.15

 

Actual Payments 2431.45

Interest Great Western Bank .16

Interest Dain Rauscher 152.24

 

TOTAL 2,565.85

 

EXPENSES

 

Black Hills Power & Light 480.35(Utility)

Lois Lund 400.00 (Contract)

Clearwater Consulting 799.50 (Contract 624.00, non contract 175.50)

Jim Stewart 23.94 (Web site)

Midcontinent Testing 50.88 (Lab fees)

CNA Surety 100.00 (Bond)

Morford Electric 459.00 (Repairs)

 

TOTAL 2,313.67

NET 252.18

 

 

Balance in checking Great Western Bank (840.95) Need to transfer funds from Dain

Balance Dain Rauscher Money Market 42,577.69 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CDs 22,172.43

63,909.17

 

Gallons pumped November, 2008 approx. 650,000 Gallons reported 367,910

Gallons pumped December, 2008 788,800 Gallons reported 370,768

(thru 1/13/09

1 unpaid)

 

 

 

DECEMBER PAST DUE JANUARY UNPAID

 

1 Past due paid January 1 Unpaid