WOODLAND HILLS COMMUNITY ASSOCIATION

INCOME STATEMENT

October 31, 2010

INCOME

Water Sales 2559.25

Late Charges 90.00

TOTAL 2,649.25

Actual Payments 2787.11

Interest Dain Rauscher 31.50

Interest Great Western Bank .09

TOTAL 2,818.70

EXPENSES

Black Hills Power & Light 501.99 Utility)

Lois Lund 450.00 (Contract)

Clearwater Consulting 757.90 (676.00 Contract, 81.90 non-contract)

Cetec 2,028.00 (Engineering study partial payment)

Powles & Sons 2770.41 (Leak repair by Hilton’s)

Acuity 1276.00 (Insurance)

Dick Helmstetter 51.22 (Postage & envelopes)

Midcontinent Testing 54.06 (Lab fees)

TOTAL 7,889.58

NET LOSS (5,070.88)

Balance in checking – Great Western Bank 2,608.79

Balance Dain Rauscher Money Market 28,793.97 ($5,000.00 for Covenant enforcement)

Balance Dain Rauscher CD’s 20,105.00

51,507.76

Gallons pumped September 2010 840,900 Gallons reported 481,234

Gallons pumped October 2010 736,500 Gallons reported 375,167

(thru 11/10/10

3 unpaid)

OCTOBER PAST DUE NOVEMBER UNPAID

1 past due, paid in November 3 unpaid

Postcards sent to all unpaids.