WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

May 31, 2019

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 4465.60

Assessment 1 1870.48

Assessment 2 593.28

 

TOTAL 6929.36

 

 

TOTAL INCOME 6,929.36

 

GENERAL EXPENSES

 

Black Hills Power & Light 621.41 (Utility)

Lois Lund 490.00 (Contract)

Clearwater Consulting 1,036.05 (Contract 700.00, billing 336.05)

Rapid City Journal 42.27 (Legal notice)

Postmaster 56.00 (Annual box rent)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,250.68

NET 4,678.68

Gallons pumped April 2019 421,265 Gallons sold 344,400 (18.2% loss)

Gallons pumped May 2019 381,571 Gallons sold 323,600 (15.2% loss)

 

 

 

APRIL PAST DUE APRIL UNPAID

 

3 past due 1 unpaid

 

All paid May

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 4,832.22

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

 

NET $4,827.27

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 210,084.23*

Balance in checking Great Western Bank Roads 26,184.98

$236,269.21

 

 

*Includes $155,094.80 assessment payments less loan payments of $96,891.22 (phase 1 - $79,679.48; phase 2 - $17,211.74),

leaving $151,880.65 non-dedicated funds in the water account.

 

Quarterly payments of $5,004.71 and $1,603.48 paid May