WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

May 31, 2016

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4848.62

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 150.00

 

TOTAL 7,462.38

 

TOTAL INCOME 7,462.38

 

GENERAL EXPENSES

 

Black Hills Power & Light 502.72 (Utility)

Lois Lund 481.47 (Contract 475.00, postage 6.47)

Clearwater Consulting 1099.68 (Contract 650.00, non contract 40.00, billing 309.68, DENR 100.00)

Morford Electric 265.30 (Repairs to breaker box)

Armstrong Extinguisher 324.00 (Fire extinguishers)

Postmaster 48.00 (Box rental)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,726.12

NET 4,736.26

 

Gallons pumped April 437,100 Gallons sold 378,900 (12.4% loss)

Gallons pumped May 387,800 Gallons sold 397,300 (-2.4% loss)

 

APRIL PAST DUE MAY UNPAID

 

1 past due, pd May 2 unpaid

 

 

 

 

 

 

 

 

PROJECT INCOME AND EXPENSE Phase 2

INCOME

DENR deposit 26,228.00

 

EXPENSE

 

AE2S invoice 47891 1,409.25

Clearwater invoice 2016/4B 1,112.50

Taylor Bice Drilling 23,706.76

Total 26,228.51

 

Pending

 

AE2S 48251 5,131.70

Clearwater 2016/5B 800.00

Bice Drilling 22,525.00

Total 28,456.70

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

Tax deposit 3,621.67

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

Balance in checking - Great Western Bank - WHSD 168,581.36 (includes $66,399.44 assessment payments)

Balance in checking Great Western Bank Roads 11,331.07

Balance in savings Great Western Bank Roads 2,904.99

$182,817.42

 

 

 

Quarterly payment of $5,004.71 paid to First National Bank for loan repayment.