WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

June 30, 2018

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 4209.47

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 50.00

 

TOTAL 6723.23

 

TOTAL INCOME 6,723.23

 

GENERAL EXPENSES

 

Black Hills Power & Light 605.47 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,254.68 (Contract 700.00, billing 334.68), non contract 120.00, DENR 100)

Rapid City Journal 54.12 (Election notices)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,394.22

NET 4,329.01

Gallons pumped May 2018 406,976 Gallons sold 355,100 (12.7% loss)

Gallons pumped June 2018 538,234 Gallons sold 503,100 (6.5% loss)

 

 

 

MAY PAST DUE JUNE UNPAID

 

5 past due 2 unpaid

 

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax deposit 2,661.84

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

NET 2,989.89

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 181,983.33 *

Balance in checking Great Western Bank Roads 22,323.32

$204,306.65

 

 

*Includes $127,993.44 assessment payments less loan payments of $70,191.49 (phase 1 - $59,660.64; phase 2 - $10,797.82),

leaving $124,181.38 non-dedicated funds in the water account.