INCOME STATEMENT
December 31, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Meter deposit – Herbert 100.00
Late fees 35.00
TOTAL 7861.01
Dakota Pump 2,340.00 (Cloud Nine monitoring contract)
Hawkins Inc. 411.54 (Chlorine)
Midcontinent Testing 60.00 (Lab fees)
TOTAL GENERAL 5,062.01
NET 2,799.00
Gallons pumped November 2020 416,210 Gallons sold 366,900 (11.8% loss)
Gallons pumped December 2020 381,810 Gallons sold 326,000 (14.6% loss)
NOVEMBER PAST DUE DECEMBER UNPAID
2 past due 5 unpaid
All paid December. But did not
pay December billing
ROADS INCOME
AND EXPENSE
INCOME
Tax income 5,883.80
EXPENSE
No expenses
TOTAL 5,883.80
NET 5,883.80
$270,630.70
*Includes $201,906.24 assessment payments less loan payments of $136,540.36, leaving $176,132.83 non-dedicated funds in the water account.