WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

February 28, 2011

 

INCOME

 

Water Sales 1805.70

Late Charges 100.00

 

TOTAL 1,905.70

 

Actual Payments 1785.95

Interest Dain Rauscher 11.32

Interest Great Western Bank .05

 

TOTAL 1,797.32

 

EXPENSES

 

Black Hills Power & Light 509.90 (Utility)

Lois Lund 450.00 (Contract)

Clearwater Consulting 676.00 (Contract)

Hawkins Inc. 119.63 (Chlorine)

SD Assoc. of Rural Water 235.00 (Annual dues)

The Little Print Shop 119.08(Rate charts, coupon books)

Jim Stewart 10.06 (Labels)

Dick Helmstetter 46.12 (Postage & envelopes)

 

TOTAL 2,165.79

NET LOSS (368.47)

 

 

Balance in checking Great Western Bank 4,200.47

Balance Dain Rauscher Money Market 33,901.82 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CDs 10,063.20

48,165.49

 

Gallons pumped January 2011 710,800 Gallons reported 284,324

Gallons pumped February 2011 391,700 Gallons reported 279,225

(thru 3/9/11

4 unpaid)

 

FEBRUARY PAST DUE MARCH UNPAID

5 past due 4 unpaid