WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

May 31, 2017

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 5026.76

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 150.00

 

TOTAL 7,640.52

 

TOTAL INCOME 7,640.52

 

GENERAL EXPENSES

 

Black Hills Power & Light 605.72 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,034.67 Contract 650.00, non 50.00, billing 309.68, parts 25.00)

Postmaster 52.00 (Box rent)

Rapid City Journal 15.27 (Legal ad)

Armstrong Extinguisher 41.00 (Extinguisher service)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,228.62

NET 5,411.90

 

Gallons pumped April 398,000 Gallons sold 360,100 (9.5% loss)

Gallons pumped May 508,200 Gallons sold 484,800 (4.6% loss)

 

APRIL PAST DUE MAY UNPAID

 

4 past due 2 unpaid

 

All paid June

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

Tax deposit 2,226.95

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

Net 2,262.00

 

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 155,512.42*

Balance in checking Great Western Bank Roads 7,931.29

Balance in savings Great Western Bank Roads 2,905.28

$166,348.99

 

 

*Includes $95,964.56 assessment payments less loan payments of $44,028.73 (phase 1 - $39,644.80; phase 2 - $4,383.93)

 

 

Quarterly loan payments of $5,004.71 and $1,603.48 were made 5/15/17