News from 2/6/19 12:00am to 8/7/19 12:00am
- August 7, 2019
Board Meeting
A Board Meeting will be held on August 31st , 7:00pm, at Bill Archibald's home. Discussions will include system updates; meters and the new meter reading system; telemetry; along with other items that may be introduced at the time.
If you wish to attend, please let us know at board@mountainmeadowswater.com
- July 22, 2019
- Quarterly Financials
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 18,047 34,105 75,000 45% Hook Up fees 5,000 5,000 - Commercial Water Sales 300 300 - Late Charges 92 226 450 50% Interest Income 1,921 3,379 500 676% Miscellaneous Income - - - TOTAL REVENUES 25,360 43,010 75,950 57% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 929 1,917 5,700 34% Insurance 618 1,232 3,200 39% Legal Services - - 1,000 0% Office Supplies & Postage 176 385 1,600 24% Taxes 25 25 825 3% Telephone 462 1,075 1,600 67% TOTAL ADMINISTRATIVE EXPENSES 2,210 4,634 13,925 33% MAINTENANCE & SUPPLIES Depreciation Expense 17,208 34,417 42,000 82% Maintenance & Repairs 4,117 9,110 25,000 36% Water Testing 1,158 1,835 1,000 184% TOTAL MAINTENANCE & SUPPLIES 22,483 45,362 68,000 67% UTILITIES Electricity 3,851 6,836 25,000 27% TOTAL UTILITIES 3,851 6,836 25,000 27% TOTAL EXPENSES 28,544 56,832 106,925 53% REVENUE LESS EXPENSE (DEFICIT) (3,184) (13,822) (30,975) 45% - May 21, 2019
New Meter Reading System ---
As we switch over to a new meter reading system, monthly readings may be impacted.
- May 2, 2019
- Quarterly Financials
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 16,057 16,057 75,000 21% Hook Up fees - - - Commercial Water Sales - - - Late Charges 134 134 450 30% Interest Income 1,458 1,458 500 292% Miscellaneous Income - - - TOTAL REVENUES 17,649 17,649 75,950 23% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 988 988 5,700 17% Insurance 614 614 3,200 19% Legal Services - - 1,000 0% Office Supplies & Postage 209 209 1,600 13% Taxes - - 825 0% Telephone 614 614 1,600 38% TOTAL ADMINISTRATIVE EXPENSES 2,425 2,425 13,925 17% MAINTENANCE & SUPPLIES Depreciation Expense 17,208 17,208 42,000 41% Maintenance & Repairs 4,993 4,993 25,000 20% Water Testing 677 677 1,000 68% TOTAL MAINTENANCE & SUPPLIES 22,878 22,878 68,000 34% UTILITIES Electricity 2,985 2,985 25,000 12% TOTAL UTILITIES 2,985 2,985 25,000 12% TOTAL EXPENSES 28,288 28,288 106,925 26% REVENUE LESS EXPENSE (DEFICIT) (10,639) (10,639) (30,975) 34% - February 6, 2019
- Quarterly Financials
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 35,252 88,142 75,000 118% Hook Up fees - 5,000 - Commercial Water Sales 7,050 7,675 - Late Charges 159 484 450 108% Interest Income 1,500 3,722 500 744% Miscellaneous Income - (40) - TOTAL REVENUES 43,961 104,982 75,950 138% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 1,271 4,407 5,700 77% Insurance 614 2,450 3,200 77% Legal Services - - 1,000 0% Office Supplies & Postage 168 1,179 1,600 74% Taxes - 825 825 100% Telephone 315 1,522 1,600 95% TOTAL ADMINISTRATIVE EXPENSES 2,368 10,384 13,925 75% MAINTENANCE & SUPPLIES Depreciation Expense 10,483 41,932 42,000 100% Maintenance & Repairs 34,280 48,449 25,000 194% Water Testing - 1,124 1,000 112% TOTAL MAINTENANCE & SUPPLIES 44,763 91,505 68,000 135% UTILITIES Electricity 4,968 22,121 25,000 88% TOTAL UTILITIES 4,968 22,121 25,000 88% TOTAL EXPENSES 52,099 124,009 106,925 116% REVENUE LESS EXPENSE (DEFICIT) (8,138) (19,027) (30,975) 61%