WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 28, 2017

GENERAL INCOME AND EXPENSE

WATER INCOME

Water Sales 4805.14

Assessment 1 1870.48

Assessment 2 593.28

Late Fees 200.00

TOTAL 7,468.90

TOTAL INCOME 7,468.90

GENERAL EXPENSES

Black Hills Power & Light 719.61 (Utility)

Lois Lund 482.40 (Contract 475.00, office expense 7.40)

Clearwater Consulting 1,009.68 (Contract 650.00, non contract 50.00, billing 309.68)

SD Association of Rural Water Systems 270.00 (Annual dues)

Great Western Bank 4.95 (Service charge)

TOTAL GENERAL 2,486.64

NET 4,982.26

Gallons pumped January 514,800 Gallons sold 420,000 (18.4% loss)

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

JANUARY PAST DUE FEBRUARY UNPAID

3 past due 2 unpaid

ROADS INCOME AND EXPNESE

INCOME

Tax deposit 203.84

EXPENSE

Great Western Bank 4.95 (Service charge)

Net income 198.89

Balance in checking - Great Western Bank - WHSD 146,023.23*

Balance in checking – Great Western Bank – Roads 5,198.18

Balance in savings – Great Western Bank – Roads 2,905.21

$154,126.62

*Includes $88,573.28 assessment payments less loan payments of $37,420.54 (phase 1 - $34,640.09; phase 2 - $2,780.45)