WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

January 31, 2020

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 5168.77

Assessment 1 1870.48

Assessment 2 593.28

Meter deposit Nesselhuf, Scholl 200.00

Late fees 40.00

 

TOTAL 7872.53

 

 

TOTAL INCOME 7,872.53

 

GENERAL EXPENSES

 

Black Hills Power & Light 713.92 (Utility)

Lois Lund 500.00 (Contract)

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

Midcontinent Testing 60.00 (Lab fees)

Dakota Pump 999.00 (Cloud 9 Monitoring annual fee)

Jim Stewart 65.94 (Web site)

Stacey Deaver 167.34 (Deposit less 20.70 water, 9.08 assess 1, 2.88 asses 2)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 3,547.20

NET 4,325.33

 

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

Gallons pumped January 2020 399,145 Gallons sold 303,700 (23.9% loss)

 

 

DECEMBER PAST DUE JANUARY UNPAID

 

Clesse, Jeff Knight, John

Soderstrom, Shirley (December) Musgrave, David

Hall, Shawn & Amy

All paid January

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

No income

 

 

EXPENSE

 

Schultze Landscaping 135.00 (Snow removal 12/1/19

Great Western Bank 4.95 (Service charge)

 

139.95

 

 

NET LOSS (139.95)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 230,933.13*

Balance in checking Great Western Bank Roads 23,104.36

$254,037.49

 

 

*Includes $174,804.88 assessment payments less loan payments of $110,107.60 (phase 1 - $89,688.90; phase 2 - $20,418.70),

leaving $166,235.85 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