WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

October 31, 2019

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 4781.07

Assessment 1 1870.48

Assessment 2 593.28

Late fees 45.00

Meter deposit 300.00 (Hogan, DeWeerd, Visser)

 

TOTAL 7589.83

 

 

TOTAL INCOME 7,589.83

 

GENERAL EXPENSES

 

Black Hills Power & Light 620.43 (Utility)

Lois Lund 490.55 (Contract 490.00, postage .55)

Clearwater Consulting 1,096.05 (Contract 700.00, non contract, 60.00 billing 336.05)

Midcontinent Testing 60.00 (Lab fees)

SD Public Assurance Alliance 1,635.16 (Insurance)

Patrick Griffith 100.00 (Deposit refund)

Elena Lewis 64.34(Deposit refund less water owed)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 4,071.48

NET 3,518.35

 

Gallons pumped September 2019 570,848 Gallons sold 470,100 (17.6% loss)

Gallons pumped October 2019 446,424 Gallons sold 356,300 (20.2% loss)

 

 

SEPTEMBER PAST DUE OCTOBER UNPAID

 

4 past due 2 unpaid

 

All paid October

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 668.69

 

EXPENSE

 

Tim & Peggy Severson 5100.00 (Loan payment #4)

Simon 208.00 (Snow removal 10/22/19)

Great Western Bank 4.95 (Service charge)

 

5,312.95

 

 

NET LOSS -4,644.26

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 224,206.63*

Balance in checking Great Western Bank Roads 16,589.15

$240,795.78

 

 

*Includes $167,413.60 assessment payments less loan payments of $103,499.41 (phase 1 - $84,684.19; phase 2 - $18,815.22),

leaving $160,242.44 non-dedicated funds in the water account.