INCOME STATEMENT
February 28, 2019
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late Fees 100.00
TOTAL 7955.24
Other Income 1510.32 – 7506 Junco past due assessments
SD Assoc of Rural Water Systems 295.00(Annual dues)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 3,293.91
NET 6,171.65
Gallons pumped January 2019 407,312 Gallons sold 340,700 (16.4% loss)
Gallons pumped February 2019 364,052 Gallons sold 305,200 (16.2% loss)
JANUARY PAST DUE FEBRUARY UNPAID
3 past due 2 unpaid
2 paid March
ROADS INCOME
AND EXPENSE
INCOME
Tax income 503.97
EXPENSE
Great Western Bank 4.95 (Service charge)
NET 499.02
$223,550.24
*Includes $147,703.52 assessment payments less loan payments of $90,283.03 (phase 1 - $74,674.77; phase 2 - $15,608.26),
leaving $145,210.08 non-dedicated funds in the water account.
Quarterly payments of $5,004.71 and $1,603.48 were made 2/15/19