INCOME STATEMENT
May 31, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Late fees 25.00
TOTAL 7490.81
Postmaster 56.00 (Box rent)
Jim Stewart 14.00 (Website)
Richard Foster 68.79 (Deposit less water owed)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 2,508.95
NET 4,981.86
Gallons pumped April 2020 447,905 Gallons sold 344,000 (25.4% loss)
Gallons pumped May 2020 492,117 Gallons sold 368,300(25.2% loss)
APRIL DUE MAY UNPAID
1 past due, paid May 3 unpaid
ROADS INCOME
AND EXPENSE
INCOME
Tax income 4,451.05
EXPENSE
Great Western Bank 4.95 (Service charge)
NET 4,446.10
$263,640.50
*Includes $184,659.92 assessment payments less loan payments of $123,323.98, leaving $175,085.46 non-dedicated funds in the water account.
May payments of $5,004.71 and $1,603.48 were made on the 2 loans