WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 29, 2016

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4754.76

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 50.00

Meter deposit Karlstrum, Cummings 200.00

 

TOTAL 7,468.54

 

ACTUAL CUSTOMER PAYMENTS 6,762.93

 

Assessment 1 received to date 54,171.28

Assessment 2 received to date 2,373.12

Total assessment received to date 59,008.16 *

 

GENERAL EXPENSES

 

Black Hills Power & Light 617.85 (Utility)

Lois Lund 475.00 (Contract 475.00)

Clearwater Consulting 1079.68 (Contract 650.00, non contract 120.00, billing 309.68)

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

First National Bank 5,004.71 (Quarterly payment)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 7,452.16

NET LOSS (689.23)

 

 

PROJECT INCOME AND EXPENSE Phase 2

 

Pending

 

AE2S invoice 47145 $5,330.69

 

 

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

No income

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

Balance in checking - Great Western Bank - WHSD 158,607.47 *includes assessment payments listed above

Balance in checking Great Western Bank Roads 6,783.94

Balance in savings Great Western Bank Roads 2,904.92

$168,296.33

 

 

 

JANUARY PAST DUE FEBRUARY UNPAID

3 past due, 1 paid February 3 unpaid

 

Gallons pumped January 344,800 Gallons sold 320,200 (7.1% water loss)

Gallons pumped February 427,100 Gallons sold 386,000 (9.6% water loss)