WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

May 31, 2020

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 5002.05

Assessment 1 1870.48

Assessment 2 593.28

Late fees 25.00

 

TOTAL 7490.81

 

 

TOTAL INCOME 7,490.81

 

GENERAL EXPENSES

 

Black Hills Power & Light 639.85 (Utility)

Lois Lund 500.00 (Contract)

Clearwater Consulting 1,225.36 (Contract 700, non 75, billing 336.05, parts 14.31, DENR100)

Postmaster 56.00 (Box rent)

Jim Stewart 14.00 (Website)

Richard Foster 68.79 (Deposit less water owed)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 2,508.95

NET 4,981.86

 

 

 

Gallons pumped April 2020 447,905 Gallons sold 344,000 (25.4% loss)

Gallons pumped May 2020 492,117 Gallons sold 368,300(25.2% loss)

 

 

APRIL DUE MAY UNPAID

 

1 past due, paid May 3 unpaid

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 4,451.05

 

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

 

NET 4,446.10

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 236,421.40*

Balance in checking Great Western Bank Roads 27,219.10

$263,640.50

 

 

*Includes $184,659.92 assessment payments less loan payments of $123,323.98, leaving $175,085.46 non-dedicated funds in the water account.

 

May payments of $5,004.71 and $1,603.48 were made on the 2 loans