INCOME STATEMENT
November 30, 2022
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Meter deposit – Florey, Pike 300.00
Late fees 55.00
TOTAL 7853.77
TOTAL GENERAL
3,258.50
NET 4,595.27
Gallons pumped October, 2022 568,792 Gallons sold 501,800 (11.8% loss)
Gallons pumped November, 2022 455,338 Gallons sold 409,900 (10% loss)
OCTOBER PAST DUE NOVEMBER UNPAID
2 past due*
4 unpaid
*1 paid November
ROADS INCOME
AND EXPENSE
INCOME
Tax income 5,732.96
EXPENSE
Schulze Landscaping 300.00 (Snow plowing)
NET 5,432.96
$341,816.83
*Includes $258,572.72 assessment payments less loan payments of $189,405.88, leaving $216,164.00 non-dedicated funds in the water account.
Quarterly payments of $5,004.71 and $1,603.48 were made in November.
Phase 1 loan balance as of November - $208,027.12 – Maturity date 5/15/35
Phase 2 loan balance as of November - $74,149.77 – Maturity date 2/15/37