WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

March 31, 2017

GENERAL INCOME AND EXPENSE

WATER INCOME

Water Sales 4441.66

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 200.00

TOTAL 7,105.42

TOTAL INCOME 7,105.42

GENERAL EXPENSES

Black Hills Power & Light 733.47 (Utility)

Lois Lund 475.00 (Contract)

Clearwater Consulting 984.64(Contract 650.00, billing 309.68, parts 25.00)

Midcontinent Testing 57.00 (Lab fees)\

Great Western Bank 4.95 (Service charge)

TOTAL GENERAL 2,255.10

NET 4,850.32 (less 961.25 project expense)

Gallons pumped February 345,600 Gallons sold 308,400 (10.8% loss)

Gallons pumped March 362,000 Gallons sold 340,200 (6.0% loss)

FEBRUARY PAST DUE MARCH UNPAID

3 Past Due, 1 paid in full April 2 unpaid and 2 partial payments

PROJECT INCOME AND EXPENSE Phase 2

EXPENSE

AE2S invoice 52245 961.25

TOTAL $961.25

ROADS INCOME AND EXPNESE

INCOME

Interest .07

EXPENSE

Great Western Bank 4.95 (Service charge)

Net Loss (4.88)

Balance in checking - Great Western Bank - WHSD 150,873.55*

Balance in checking – Great Western Bank – Roads 5,193.23

Balance in savings – Great Western Bank – Roads 2,905.28

$158,972.06

*Includes $91,037.04 assessment payments less loan payments of $37,420.54 (phase 1 - $34,640.09; phase 2 - $2,780.45)