WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

November 30, 2019

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 4959.19

Assessment 1 1870.48

Assessment 2 593.28

Late fees 30.00

Meter deposit 100.00 (Smith)

 

TOTAL 7552.95

 

 

TOTAL INCOME 7,552.95

 

GENERAL EXPENSES

 

Black Hills Power & Light 641.97 (Utility)

Lois Lund 490.00 (Contract 490.00)

Clearwater Consulting 1,066.05 (Contract 700.00, non contract,30.00 billing 336.05)

Hawkins Inc. 304.21 (Chlorine)

Great Western Bank 66.81(Deposit slips)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,573.99

NET 4,978.96

 

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

Gallons pumped November 2019 441,049 Gallons sold 331,900 (24.7% loss)

 

 

OCTOBER PAST DUE NOVEMBER UNPAID

 

2 past due 4 unpaid

 

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 5,981.31

 

EXPENSE

 

Schultze Landscaping 270.00 (Snow removal )

Great Western Bank 4.95 (Service charge)

 

274.95

 

 

NET $5,706.36

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 222,577.40*

Balance in checking Great Western Bank Roads 22,295.51

$244,872.91

 

 

*Includes $169,877.36 assessment payments less loan payments of $110,107.60 (phase 1 - $89,688.90; phase 2 - $20,418.70),

leaving $162,807.64 non-dedicated funds in the water account.

 

Quarterly payments of $5,004.71 and $1,603.48 were made in November. Outstanding loan balance for Phase 1, principal and interest is $247,414.70 and Phase 2, principal and interest is $86,126.16