WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

December 31, 2019

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 4398.44

Assessment 1 1870.48

Assessment 2 593.28

Late fees 20.00

 

TOTAL 6882.20

 

 

TOTAL INCOME 6,882.20

 

GENERAL EXPENSES

 

Black Hills Power & Light 723.25 (Utility)

Lois Lund 490.00 (Contract 490.00)

Clearwater Consulting 1,366.05 (Contract 700.00, non contract,330.00 billing 336.05)

Morford Electric 270.41 (Breaker repairs)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,854.66

NET 4,027.54

 

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

Gallons pumped December 2019 422,415 Gallons sold 337,300 (20.01% loss)

 

NOVEMBER PAST DUE DECEMBER UNPAID

 

3 past due 2 unpaid

 

All paid December

 

 

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 88.75

A&E Plumbing 1,000.00 (sand spreader)

 

EXPENSE

 

Schultze Landscaping 135.00 (Snow removal 12/1/19)

Great Western Bank 4.95 (Service charge)

 

139.95

 

 

NET $ 948.80

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 226,604.94*

Balance in checking Great Western Bank Roads 23,244.31

$249,849.25

 

 

*Includes $172,341.12 assessment payments less loan payments of $110,107.60 (phase 1 - $89,688.90; phase 2 - $20,418.70),

leaving $164,371.42 non-dedicated funds in the water account.

 

Outstanding loan balance for Phase 1, principal and interest is $247,414.70 and Phase 2, principal and interest is $86,126.16