WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 28, 2019

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 5391.48

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 100.00

 

TOTAL 7955.24

 

Other Income 1510.32 7506 Junco past due assessments

 

TOTAL INCOME 9,465.56

 

GENERAL EXPENSES

 

Black Hills Power & Light 768.52 (Utility)

Lois Lund 490.00 (Contract)

Clearwater Consulting 1,546.67 (Contract 700.00, non contract 420.00, billing 335.70, repairs 90.97)

Morford Electric 188.77 (Install thermostat in meeting hall)

SD Assoc of Rural Water Systems 295.00(Annual dues)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 3,293.91

NET 6,171.65

Gallons pumped January 2019 407,312 Gallons sold 340,700 (16.4% loss)

Gallons pumped February 2019 364,052 Gallons sold 305,200 (16.2% loss)

 

 

JANUARY PAST DUE FEBRUARY UNPAID

 

3 past due 2 unpaid

2 paid March

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 503.97

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

NET 499.02

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 202,630.57*

Balance in checking Great Western Bank Roads 20,919.67

$223,550.24

 

 

*Includes $147,703.52 assessment payments less loan payments of $90,283.03 (phase 1 - $74,674.77; phase 2 - $15,608.26),

leaving $145,210.08 non-dedicated funds in the water account.

 

Quarterly payments of $5,004.71 and $1,603.48 were made 2/15/19