Conservation Level 3
Mandatory water conservation policies are in effect.
Reiss Jackson & Company Frank provided copies of the accounting compilation report to the Board for review and discussion. Frank reported that he is still waiting for Mr. Jackson to come up and revise the balance sheet, waiting for the revised tax return as well as the updated property tax information. Discussed was reorganizing the filing
As of September 30, 2015 Regular Checking Account: $78,822.95 Undeposited Funds $1,325.58 Certificate of Deposit $101,202.08 Certificate of Deposit # 2 $51,250.49 Total Current Balance $232,601.10 Accounts Receivable $60,479.60
Frank reported pump and booster running times are averaging 3.5 hours per day, as compared to 4.8 hours per day for the month of August 2015. Standing water levels are 38-feet at well one, 17-feet at well 2, with the horizontal well producing 9.25 gallons per minute, which is less than the 9.5 gallons per