WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

February 29, 2012

 

INCOME

 

Water Sales 4462.00

Late Charges 125.00

 

TOTAL 4,587.00

 

Actual Payments 4420.30

Interest Great Western Bank .04

 

TOTAL 4,420.34

 

EXPENSES

 

Black Hills Power & Light 633.32 (Utility)

Lois Lund 450.00 (Contract)

Clearwater Consulting 676.00 (Contract)

SD Assoc. of Rural Water Systems 270.00 (Annual dues)

Powles & Sons 5198.99 (Lark Lane leak repair)

TOTAL 7,228.31

NET LOSS (2,807.97)

 

 

 

 

Balance in checking Great Western Bank (1,145.06)

Balance Dain Rauscher Money Market 18,884.07 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CDs 10,000.00

27,739.01

 

 

 

 

Gallons pumped January, 2012 873,600 Gallons reported 324,276

Gallons pumped February, 2012 397,700 Gallons reported 291,555

(thru 3/7/12

4 unpaid)

 

FEBRUARY UNPAID MARCH PAST DUE

 

1 unpaid 4 past due