WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 28, 2021

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 6474.84

Assessment 1 1870.48

Assessment 2 593.28

Late fees 45.00

 

TOTAL 8983.63

 

Other income 4435.58 (Insurance claim for frozen pipes in pumphouse)

 

 

TOTAL INCOME 13,419.21

 

GENERAL EXPENSES

 

Black Hills Power & Light 778.97 (Utility)

Lois Lund 500.00 (Contract 500)

Clearwater Consulting 1,141.05 (Contract 700, non contract 105, billing 336.05)

SD Assoc of Rural Water Systems 310.00 (Annual dues)

Great Western Bank 15.00 (Chargeback fee)

Great Western Bank 91.82 (Returned check)

 

TOTAL GENERAL 2,836.84

NET 10,582.37

 

 

Gallons pumped January 2021 415,620 Gallons sold 357,500 (14% loss)

Gallons pumped February 2021 428,766 Gallons sold 366,500 (14.5% loss)

 

 

JANUARY PAST DUE FEBRUARY UNPAID

 

2 past due 3 unpaid

All paid February

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 661.64 (sent by county, but put in wrong account again)

 

EXPENSE

 

Schulze Landscaping 337.50

 

NET LOSS (337.50)

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 251,282.39*

Balance in checking Great Western Bank Roads 29,053.58

$280,335.97

 

 

*Includes $206,833.76 assessment payments less loan payments of $143,148.55, leaving $187,597.18 non-dedicated funds in the water account.

 

Quarterly payments of $5,004.71 and $1,603.48 were made in February.