WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

October 31, 2017

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 5254.09

Assessment 1 870.48

Assessment 2 593.28

Late Fees 150.00

Returned check reimburse 45.00

7912.85

 

Insurance claim 1971.83

 

TOTAL 9,884.68

 

TOTAL INCOME 9,884.68

 

GENERAL EXPENSES

 

Black Hills Power & Light 609.63 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,087.62 (Contract 650.00, non 100.00 billing 309.68, parts 25.00, postage 2.94)

SD Public Assurance Alliance 1,635.70 (Insurance)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 3,812.90

NET 6,071.78

 

Gallons pumped September, 2017 702,600 Gallons sold 689,800 (1.8% loss)

Gallons pumped October, 2017 484,600 Gallons sold 447,200 (7.7% loss)

 

SEPTEMBER PAST DUE OCTOBER UNPAID

1 past due 1 unpaid (partial payment only)

 

5 residents paid after the November 1 due date and will be assessed late fees.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPNESE

 

INCOME

 

Tax deposit 243.81

 

EXPENSE

 

Tim & Peggy Severson 5200.00 (Loan payment)

Great Western Bank 4.95 (Service charge)

Net Loss (4,961.14)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 174,805.30 *

Balance in checking Great Western Bank Roads 10,386.30

$185,191.60

 

 

*Includes $108,283.36 assessment payments less loan payments of $50,636.92 (phase 1 - $44,649.51; phase 2 - $5,987.41)

Leaving $117,158.86 non-dedicated funds in the water account.