INCOME STATEMENT
August 31, 2020
GENERAL
INCOME
Assessment 1 1870.48
Assessment 2 593.28
Meter deposit 200.00 (Williams)
Late fees 45.00
TOTAL 8199.25
Morford Electric 4,202.21 (Pump house repairs)
Jim Stewart 28.00 (Web site)
Jeff Purchase 100.00 (Meter deposit refund)
Great Western Bank 4.95 (Service charge)
TOTAL GENERAL 6,525.69
NET 1,673.56
Gallons pumped July 2020 659,351 Gallons sold 530,200 (19.6% loss)
Gallons pumped August 2020 629,334 Gallons sold 542,900 (13.7% loss)
JULY PAST DUE AUGUST UNPAID
4 past due 5 unpaid
All paid August
ROADS INCOME
AND EXPENSE
INCOME
No income
EXPENSE
Great Western Bank 4.95 (Service charge)
NET LOSS (4.95)
$265,786.94
*Includes $192,051.20 assessment payments less loan payments of $129,932.17, leaving $174,120.47 non-dedicated funds in the water account.
Quarterly payments of $5,004.71 and $1.603.48 were made in August