WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

March 31, 2017

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4441.66

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 200.00

 

TOTAL 7,105.42

 

TOTAL INCOME 7,105.42

 

GENERAL EXPENSES

 

Black Hills Power & Light 733.47 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 984.64(Contract 650.00, billing 309.68, parts 25.00)

Midcontinent Testing 57.00 (Lab fees)\

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,255.10

NET 4,850.32 (less 961.25 project expense)

 

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

Gallons pumped March 362,000 Gallons sold 340,200 (6.0% loss)

 

 

FEBRUARY PAST DUE MARCH UNPAID

 

3 Past Due, 1 paid in full April 2 unpaid and 2 partial payments

 

 

 

 

 

 

 

 

 

PROJECT INCOME AND EXPENSE Phase 2

 

EXPENSE

 

AE2S invoice 52245 961.25

TOTAL $961.25

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

Interest .07

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

Net Loss (4.88)

 

 

Balance in checking - Great Western Bank - WHSD 150,873.55*

Balance in checking Great Western Bank Roads 5,193.23

Balance in savings Great Western Bank Roads 2,905.28

$158,972.06

 

 

*Includes $91,037.04 assessment payments less loan payments of $37,420.54 (phase 1 - $34,640.09; phase 2 - $2,780.45)