News from 12/31/19 12:00am to 5/4/20 12:00am
- May 4, 2020
- Quarterly Financials
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 16,411 16,411 75,000 22% Hook Up fees 5,500 5,500 - Commercial Water Sales 400 400 - Late Charges 83 83 450 18% Interest Income 1,694 1,694 500 339% Miscellaneous Income - - - TOTAL REVENUES 24,088 24,088 75,950 32% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 1,058 1,058 5,700 19% Insurance 618 618 3,200 19% Legal Services - - 1,000 0% Office Supplies & Postage 162 162 1,600 10% Taxes - - 825 0% Telephone 471 471 1,850 25% TOTAL ADMINISTRATIVE EXPENSES 2,309 2,309 14,175 16% MAINTENANCE & SUPPLIES Depreciation Expense 17,208 17,208 42,000 41% Maintenance & Repairs 10,375 10,375 25,000 42% Water Testing 2,062 2,062 1,000 206% TOTAL MAINTENANCE & SUPPLIES 29,645 29,645 68,000 44% UTILITIES Electricity 3,161 3,161 25,000 13% TOTAL UTILITIES 3,161 3,161 25,000 13% TOTAL EXPENSES 35,115 35,115 107,175 33% REVENUE LESS EXPENSE (DEFICIT) (11,027) (11,027) (31,225) 35% - March 20, 2020
COVID-19
Water systems such as the MMMWC utilize groundwater sources, which by their nature include physical measures to ensure that water sources are protected from pathogens, including viruses.
COVID-19 is transmitted person to person, not through water, according to the Centers for Disease Control and Prevention.
- January 29, 2020
Winter Meter Readings
Are you checking your water usage during the winter? With the new meter reading system, we continue to post meter readings. An average household will use between 3000 and 4000 gallons in a winter month. If you are using 5000 gallons or more, you might check for a leak.
- January 24, 2020
- FINANCIALS
Current Actual Annual % of Quarter Year to Date Budget Budget REVENUES Water Assessments 47,311 104,827 75,000 140% Hook Up fees - 5,000 - Commercial Water Sales - 450 - Late Charges 147 569 450 126% Interest Income 1,946 6,978 500 1396% Miscellaneous Income - - - TOTAL REVENUES 49,404 117,824 75,950 155% ADMINISTRATIVE EXPENSES Uncollectible Receivables - - Accounting Services 1,144 4,492 5,700 79% Insurance 618 2,468 3,200 77% Legal Services - - 1,000 0% Office Supplies & Postage 322 1,369 1,600 86% Taxes 14 4,108 825 498% Telephone 477 2,019 1,600 126% TOTAL ADMINISTRATIVE EXPENSES 2,575 14,456 13,925 104% MAINTENANCE & SUPPLIES Depreciation Expense 17,208 68,833 42,000 164% Maintenance & Repairs 4,700 18,410 25,000 74% Water Testing 1,711 3,756 1,000 376% TOTAL MAINTENANCE & SUPPLIES 23,619 90,999 68,000 134% UTILITIES Electricity 4,246 18,102 25,000 72% TOTAL UTILITIES 4,246 18,102 25,000 72% TOTAL EXPENSES 30,440 123,557 106,925 116% REVENUE LESS EXPENSE (DEFICIT) 18,964 (5,733) (30,975) 19% - December 31, 2019
Winter meter readings
Our new meter reading system is working during the winter months. How does that impact you?
We have identified high usage the last two months that was due to leaks in homes. Please make sure you keep your contact information up to date in your on-line account.