WOODLAND HILLS SANITRY DISTRICT

INCOME STATEMENT

February 29, 2024

GENERAL INCOME

WATER INCOME

Water Sales 4953.71

Assessment 1 1870.48

Assessment 2 593.28

Late fees 45.00

TOTAL 7462.47

TOTAL INCOME 7,462.47

GENERAL EXPENSES

Black Hills Power & Light 813.81 (Utility)

Lois Lund 500.00 (Contract)

Clearwater Consulting 1,102.53 (Contract 725, billing 377.53)

SD Assoc of Rural Water Systems 410.00 (Annual dues)

TOTAL GENERAL 2,826.34

NET 4,636.13

Gallons pumped January, 2024 481,824 Gallons sold 429,700 (10.8% loss)

Gallons pumped February, 2024 400,312 Gallons sold 350,000 (12.6% loss)

JANUARY PAST DUE FEBRUARY UNPAID

5 past due 6 unpaid

ROADS INCOME AND EXPENSE

INCOME

Tax deposit $610.85

EXPENSE

Schulze Landscaping 450.00 (Snow plowing)

NET 160.85

Balance in checking – 1^st Interstate Bank - WHSD 313,046.10*

Balance in checking – 1^st Interstate Bank – Roads 52,786.71

$365,832.81

*Includes $299,529.12 assessment payments less loan payments of $222,446.83, leaving $239,963.81

non-dedicated funds in the water account.

Loan payments of $5,004.7 and $1,603.48 were made in February

Current outstanding loan balances:

Phase 1 - $190,544.32

Phase 2 – $ 68,833.87