WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

May 31, 2021

 

GENERAL INCOME

 

WATER INCOME

 

Water Sales 4656.04

Assessment 1 1870.48

Assessment 2 593.28

Meter deposit Nooney 100.00

Late fees 25.00

 

TOTAL 7269.80

 

Claims Associates 5811.30

 

TOTAL INCOME 13,081.10

 

GENERAL EXPENSES

 

Black Hills Power & Light 718.34 (Utility)

Lois Lund 500.00 (Contract 500)

Clearwater Consulting 1,186.05 (Contract 700,non contract 150, billing 336.05)

Morford Electric 168.37 (Repairs)

Rapid City Journal 42.70 (Legal ad)

Postmaster 56.00 (Box rent)

 

TOTAL GENERAL 2,671.46

NET 10,409.64

 

Gallons pumped April 2021 420,090 Gallons sold 362,600 (13.7% loss)

Gallons pumped May 2021 468,072 Gallons sold 378,500 (11.2% loss)

 

 

 

APRIL PAST DUE MAY UNPAID

 

2 past due 3 unpaid

 

 

All paid May

 

 

 

 

 

 

 

ROADS INCOME AND EXPENSE

 

INCOME

 

Tax income 6,733.23

TOTAL 6,733.23

 

EXPENSE

 

No expenses

 

NET 6,733.23

 

 

 

 

 

Balance in checking - Great Western Bank - WHSD 263,122.47*

Balance in checking Great Western Bank Roads 37,193.05

$300,315.52

 

 

*Includes $214,225.04 assessment payments less loan payments of $149,756.74, leaving $198,654.17 non-dedicated funds in the water account.

 

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