INCOME STATEMENT
August 31, 2018
GENERAL
INCOME AND EXPENSE
Assessment 1 1870.48
Assessment 2 593.28
Late Fees 100.00
Equipment sale 600.00
TOTAL 8253.73
Bobby Sadler 251.48 (Picnic)
Jim Stewart 76.07 (Picnic)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,430.22
NET 5,823.51
Gallons pumped July 2018 632,355 Gallons sold 570,000 (9.9% loss)
Gallons pumped August 2018 592,289 Gallons sold 561,200 (5.2% loss)
JULY PAST DUE AUGUST UNPAID
4 past due 3 unpaid
ROADS INCOME
AND EXPENSE
INCOME
Tax deposit 131.72
EXPENSE
NET 126.77
$209,498.22
*Includes $132,920.96 assessment payments less loan payments of $77,066.65 (phase 1 - $64,665.35; phase 2 - $12,401.30),
leaving $131,011.92 non-dedicated funds in the water account.
Quarterly payment of $5,004.71 and $1,603.48 made in August