WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

August 31, 2016

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 5799.29

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 250.00

 

TOTAL 8,513.05

 

TOTAL INCOME 8,513.05

 

GENERAL EXPENSES

 

Black Hills Power & Light 624.48 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,130.68 (Contract 650.00, non contract 150.00, billing 309.68, misc 21.00)

Sander Sanitation 750.00 (Dumpster fees)

Evan Hutchings 209.96 (Picnic)

Great Western Bank 62.69 (Picnic debit card purchase)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 3,257.76

NET 5,255.29

OTHER INCOME

Insurance settlement 6,519.22

 

Gallons pumped July 762,400 Gallons sold 752,800 (1.3% loss)

Gallons pumped August 577,150 Gallons sold 549,400 (4.8% loss)

 

JULY PAST DUE AUGUST UNPAID

 

5 past due 3 unpaid

 

2 paid August

2 made partial payment

 

 

 

 

 

 

PROJECT INCOME AND EXPENSE Phase 2

INCOME

DENR deposit 3,945.00

 

EXPENSE

 

AE2S invoice 49098 2,159.01

AE2S invoice 49213 1,548.48

Clearwater invoice 2016/7B 237.50

Total 3,944.99

 

Pending

 

Morford Electric 12,275.41

Clearwater 2016/8B 150.00

Total 12,425.41

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

No income

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

 

Balance in checking - Great Western Bank - WHSD 185,606.60*

Balance in checking Great Western Bank Roads 14,393.39

Balance in savings Great Western Bank Roads 2,905.06

$202,905.05

 

 

*Includes $73,790.72assessment payments less loan payments of $24,630.67.

 

Quarterly payment made on loan of $5,004.71