WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

August 31, 2020

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 5490.49

Assessment 1 1870.48

Assessment 2 593.28

Meter deposit 200.00 (Williams)

Late fees 45.00

 

TOTAL 8199.25

 

 

TOTAL INCOME 8,199.25

 

GENERAL EXPENSES

 

Black Hills Power & Light 654.48 (Utility)

Lois Lund 500.00 (Contract)

Clearwater Consulting 1,036.05 (Contract 700, billing 336.05)

Morford Electric 4,202.21 (Pump house repairs)

Jim Stewart 28.00 (Web site)

Jeff Purchase 100.00 (Meter deposit refund)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 6,525.69

NET 1,673.56

 

 

 

Gallons pumped July 2020 659,351 Gallons sold 530,200 (19.6% loss)

Gallons pumped August 2020 629,334 Gallons sold 542,900 (13.7% loss)

 

 

 

JULY PAST DUE AUGUST UNPAID

 

4 past due 5 unpaid

 

All paid August

 

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

No income

 

 

EXPENSE

 

Great Western Bank 4.95 (Service charge)

 

 

NET LOSS (4.95)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 236,239.50*

Balance in checking Great Western Bank Roads 29,547.44

$265,786.94

 

 

*Includes $192,051.20 assessment payments less loan payments of $129,932.17, leaving $174,120.47 non-dedicated funds in the water account.

 

Quarterly payments of $5,004.71 and $1.603.48 were made in August