WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 28, 2017

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4805.14

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 200.00

 

TOTAL 7,468.90

 

TOTAL INCOME 7,468.90

 

GENERAL EXPENSES

 

Black Hills Power & Light 719.61 (Utility)

Lois Lund 482.40 (Contract 475.00, office expense 7.40)

Clearwater Consulting 1,009.68 (Contract 650.00, non contract 50.00, billing 309.68)

SD Association of Rural Water Systems 270.00 (Annual dues)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,486.64

NET 4,982.26

 

Gallons pumped January 514,800 Gallons sold 420,000 (18.4% loss)

Gallons pumped February 345,600 Gallons sold 308,400 (10.8% loss)

JANUARY PAST DUE FEBRUARY UNPAID

 

3 past due 2 unpaid

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

Tax deposit 203.84

 

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

Net income 198.89

 

 

Balance in checking - Great Western Bank - WHSD 146,023.23*

Balance in checking Great Western Bank Roads 5,198.18

Balance in savings Great Western Bank Roads 2,905.21

$154,126.62

 

 

*Includes $88,573.28 assessment payments less loan payments of $37,420.54 (phase 1 - $34,640.09; phase 2 - $2,780.45)