WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

December 31, 2018

GENERAL INCOME AND EXPENSE

 

WATER INCOME

 

Water Sales 5563.02

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 75.00

 

TOTAL 8101.78

 

TOTAL INCOME 8,101.78

 

GENERAL EXPENSES

 

Black Hills Power & Light 702.43 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 1,035.70 (Contract 700.00, billing 335.70)

Midcontinent Testing 57.00 (Lab fees)

Dakota Pump 999.00 (Cloud 9 monitoring contract)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 3,274.08

NET 4,827.70

Gallons pumped November 2018 377,962 Gallons sold 323,700 (14.4% loss)

Gallons pumped December 2018 377,555 Gallons sold 317,600 (15.5% loss)

 

 

NOVEMBER PAST DUE DECEMBER UNPAID

 

1 unpaid, paid December 2 past due

 

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax deposit 1,064.58

 

EXPENSE

 

All Metal Mfg. 2240.00 (Sand barrels)

Great Western Bank 16.14 (Checks)

Great Western Bank 4.95 (Service charge)

2261.09

 

NET LOSS (1,196.51)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 199,799.72 *

Balance in checking Great Western Bank Roads 20,954.18

$219,753.90

 

 

*Includes $142,776.00 assessment payments less loan payments of $83,674.84 (phase 1 - $69,670.06; phase 2 - $14,004.78),

leaving $139,698.56non-dedicated funds in the water account.