WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

October 31, 2020

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 5388.78

Assessment 1 1870.48

Assessment 2 593.28

Late fees 65.00

 

TOTAL 7917.54

 

 

TOTAL INCOME 7,917.54

 

GENERAL EXPENSES

 

Black Hills Power & Light 605.59 (Utility)

Lois Lund 500.00 (Contract)

Clearwater Consulting 1,159.35 (Contract 700, non contract 123.30, billing 336.05)

SD Public Assurance Alliance 1,652.86 (Insurance)

Powles & Sons 4,665.82 (Leak repair on Nuthatch Lane)

SD Rural Water Association 500.00 (Leak detection assistance)

Summit Fire Protection 47.00 (Fire extinguisher inspection)

Great Western Bank 4.95 (Service charge)

 

TOTAL GENERAL 9,135.57

NET LOSS (1,218.03)

 

 

 

 

Gallons pumped September 2020 624,288 Gallons sold 597,700 (4.3% loss)

Gallons pumped October 2020 498,237 Gallons sold 438,500 (12.0% loss)

 

 

 

 

SEPTEMBER PAST DUE OCTOBER UNPAID

 

2 past due 4 unpaid

 

 

All paid October

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax deposit 393.81

 

 

EXPENSE

 

Tim & Peggy Severson 5,050.00 (Final loan payment)

Pro Marine & Auto 271.94 (Gravel for top of Woodland Dr.)

Schulze Landscaping 270.00 (Snow plowing 10/25/20)

Great Western Bank 4.95 (Service charge)

 

TOTAL 5,596.89

 

NET LOSS (5,203.08)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 239,999.26*

Balance in checking Great Western Bank Roads 23,311.66

$263,310.92

 

 

*Includes $196,978.72 assessment payments less loan payments of $129,932.17, leaving $172,952.71 non-dedicated funds in the water account.