Services.....................$52,000.00
Repairs.........................$500.00
Current Taxes.................$7,500.00
Delinquent Taxes..............$2,000.00
Interest........................$500.00
New Hook Ups..................$3,000.00
Miscellaneous.................$1,000.00

Sub Totals...................$66,500.00
Cash on hand 3/31/97.........$18,000.00

Total Available..............$84,500.00


Expenses:

Salaries.....................$34,000.00
Dues & Meetings.................$250.00
Repairs.......................$2,200.00
Meters........................$3,500.00
Chemicals.....................$1,000.00
Equipment Rental................$250.00
Office Supplies.................$200.00
Utilities.....................$9,000.00
Test..........................$1,200.00
Building Maintenance............$250.00
New Install. Supplies.........$1,500.00
Miscellaneous.................$2,500.00
Insurance.....................$3,000.00
New Lines....................$12,000.00
Well Head Protection..........$1,000.00

Sub Totals...................$72,150.00

Total Budget.................$72,150.00


Total Available........$84,500.00
Total Budget...........$72,150.00

Cash Balance 3/31/98...$12,350.00