WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

August 31, 2018

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 5089.97

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 100.00

Equipment sale 600.00

 

TOTAL 8253.73

 

TOTAL INCOME 8,253.73

 

GENERAL EXPENSES

 

Black Hills Power & Light 588.04 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,034.68 (Contract 700.00, billing 334.68)

Bobby Sadler 251.48 (Picnic)

Jim Stewart 76.07 (Picnic)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,430.22

NET 5,823.51

Gallons pumped July 2018 632,355 Gallons sold 570,000 (9.9% loss)

Gallons pumped August 2018 592,289 Gallons sold 561,200 (5.2% loss)

 

 

JULY PAST DUE AUGUST UNPAID

 

4 past due 3 unpaid

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax deposit 131.72

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

NET 126.77

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 186,866.23 *

Balance in checking Great Western Bank Roads 22,631.99

$209,498.22

 

 

*Includes $132,920.96 assessment payments less loan payments of $77,066.65 (phase 1 - $64,665.35; phase 2 - $12,401.30),

leaving $131,011.92 non-dedicated funds in the water account.

 

Quarterly payment of $5,004.71 and $1,603.48 made in August