WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

March 31, 2018

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4098.00

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 75.00

 

TOTAL 6636.76

 

TOTAL INCOME 6,636.76

 

GENERAL EXPENSES

 

Black Hills Power & Light 803.45 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,274.68 (Contract 700.00, non contract 240.00, billing 334.68)

Midcontinent Testing 57.00 (Lab fees)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,615.08

NET 4,021.68

Gallons pumped February 2018 357,004 Gallons sold 310,700 (13.0% loss)

Gallons pumped March 2018 376,627 Gallons sold 319,000 (15.3% loss)

 

FEBRUARY PAST DUE MARCH UNPAID

 

2 past due, one made a 2 unpaid

partial payment

 

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax deposit 51.88

 

EXPENSE

 

Tim Severson 200.00 (Snow removal)

Brian Walker 200.00 (Snow removal)

Great Western Bank 4.95 (Service charge)

404.95

 

Net Loss (353.07)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 174,054.37 *

Balance in checking Great Western Bank Roads 15,915.98

$189,970.35

 

 

*Includes $120,602.16 assessment payments less loan payments of $63,583.30 (phase 1 - $54,655.93; phase 2 - $9-194.37),

leaving $117,035.51 non-dedicated funds in the water account.