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5.1f ERMUSR 01-11-2022
ELKRIVERMUNICIPALUTILITIES ELKRIVER,MINNESOTA 2022WATERBUDGET 2021Annual2020Annual 2022Annual WaterBudgetBudgetActual Revenue OperatingRevenue WaterSales 610.6101WaterSalesResidential1,359,8661,256,7461,506,673 610.6102WaterSalesCommercial842,025800,700830,369 610.6103WaterSalesIrrigation243,025242,304276,768 TotalforWaterSales:2,444,9162,299,7512,613,812 TotalOperatingRevenue 2,444,9162,299,7512,613,812 TotalforTotalOperatingRevenue:2,444,9162,299,7512,613,812 OtherOperatingRevenue Interest/DividendIncome 460.4691Interest&DividendIncome35,00038,00033,456 460.4692OtherInterest/MiscRevenue1,0001,0001,104 TotalforInterest/DividendIncome:36,00039,00034,561 s CustomerPenaltie 620.6301CustomerPenalties18,0003,801 TotalforCustomerPenalties:18,0003,801 ConnectionFees 620.6401Water/Access/ConnectionsFees430,000110,000595,482 620.6402CustomerConnectionFees35,00030,00031,329 14,00025,601 620.6407BulkWaterSales/HydrantRental15,000 TotalforConnectionFees:480,000154,000652,414 MiscRevenue 470.4722MiscNonUtility55 470.4739PeraPensionRevenue1,197 470.475RentalPropertyIncome1,837 620.626TransferInFromCity 620.6403MiscellaneousRevenue24 620.6323GainOnDispositionOfProperty3,525 620.6404HydrantMaintenanceProgram13,00011,50014,461 620.6405ContributionsfromDevelopers65,000477,194 620.6406WaterTowerLease286,153274,480243,631 TotalforMiscRevenue:364,153285,980741,926 TotalOtherRevenue 478,9801,432,701 898,153 TotalforTotalOtherRevenue:898,153478,9801,432,702 TotalRevenue 3,343,0692,778,7314,046,513 Expenses ProductionExpense 700.7021MTCEOFSTRUCTURES75,00061,20052,040 TotalforProductionExpense:75,00061,20052,041 PumpingExpense 710.7101SUPERVISION66,00063,00052,580NewGM 710.7181ELECTRIC&GASUTILITIES270,000240,000250,804 710.7182SAMPLING15,00015,00010,959 710.7183CHEMICALFEED36,00028,00022,817 710.722MTCEOFWELLS160,000175,000111,078 710.723SCADAPUMPING16,00010,0002,464 TotalforPumpingExpense:563,000531,000450,706 DistributionExpense 730.7301MTCEOFWATERMAINS120,00085,000113,488 730.7309LOCATEWATERLINES17,00016,00011,136 730.7312WATERMETERSERVICE55,00045,00034,367 730.7315INSTALL&MTCEIRRIGATIONMETERS31 730.7316BACKFLOWDEVICEINSPECTION15,00015,0004,747laborandsoftwareexpense 730.7321MTCEOFCUSTOMERSSERVICE30,50025,00024,341 730.7325WATERMAPPING12,50012,0008,353 730.7331MTCEOFWATERHYDRANTSPUBLIC18,00020,0009,398 730.7332MTCEOFWATERHYDRANTSPRIVATE5,0007,0004,594 730.7341WATERCLOTHING/PPE7,00010,0009,845 730.7391WAGESWATER9,5007,5004,716 730.7395TRANSPORTATIONEXPENSE15,00015,00011,768 730.7399WATERPERMIT18,60015,00012,396 TotalforDistributionExpense:323,100272,500249,186 68 ELKRIVERMUNICIPALUTILITIES ELKRIVER,MINNESOTA 2022WATERBUDGET 2021Annual2020Annual 2022Annual WaterBudgetBudgetActual Depreciation&Amortization 595.8031DEPRECIATION1,199,124 1,182,6051,133,179 TotalforDepreciation&Amortization:1,199,1241,182,6051,133,179 InterestExpense 596.8071INTERESTEXPENSEBONDS46,37114,28824,344 596.8075INTERESTEXPENSEDEFEASEDBONDS(829)(829) 597.8281AMORTIZATIONOFDEBTDISCOUNT/PREMIUM(6,651) TotalforInterestExpense:39,72013,45923,515 OtherOperatingExpense 597.8213LOSSONDISPOSITIONOFPROP(CAPITAL)18 597.8264DAMMAINTENANCEEXPENSE1,7501,0001,663 597.8302PENSIONEXPENSE20,500(39,408) 597.8303OPEBEXPENSE20,0001,704 597.8341INTERESTEXPENSEMETERDEPOSITS100500408 597.84RENTALPROPERTYEXPENSE1,426 TotalforOtherOperatinExpense:1,85042,000(34,187) CustomerAccountsExpense 900.9021METERREADINGEXPENSE2,5002,5002,321 900.9051MISCCUSTOMERACCOUNTSEXPENSEUTILITY71,20065,00064,188added1.2kforsurvey 900.9061BADDEBTEXPENSE&RECOVERY5001,000 TotalforCustomerAccountsExpense:74,20068,50066,509 AdministrativeExpense 920.9201SALARIESOFFICE&COMMISSION235,000211,000204,641GM 920.9202SALARIESCOVID1930,762 920.9205TEMPORARYSTAFFING1,0001,000 920.9211OFFICESUPPLIES23,70041,25024,766 920.9212ELECTRIC&WATERCONSUMPTIONOFFICE8,0008,0006,485 920.9213BANKFEES700700615 920.9221LEGALFEES8,0008,0007,841 920.9231AUDITINGFEES4,5104,5004,140 920.9241INSURANCE27,00026,00024,458 920.926UTILITYSHAREDEFERREDCOMP28,00020,00012,487GM 920.9261UTILITYSHAREMEDICAL/DENTAL/DISABIL217,000208,500159,305GM 920.9262UTILITYSHAREPERA51,00046,00040,304GM 920.9263UTILITYSHAREFICA49,00045,00038,423GM 920.9264EMPLOYEESICKPAY30,00030,00019,527 920.9265EMPLOYEEHOLIDAYPAY28,00028,00021,872 920.9266EMPLOYEEVACATION&PTOPAY41,00040,00036,154 920.9267UPMICDISTRIBUTION11,00010,5007,886 920.9268WELLHEADPROTECTION20,00020,000Wellheadprotectionplanamendment 920.9291CONSULTINGFEES20,00013,50013,254GMSearch,AMIConsultant 920.9301TELEPHONE6,8006,0005,653 920.9302ADVERTISING5,0007,0005,481 920.9303DUES&SUBSCRIPTIONSFEES73,61680,32867,117 920.9305SCHOOLS&MEETINGS55,02649,31212,151 920.9321MTCEOFGENERALPLANT&OFFICEHEATING1,900 2,7001,299 TotalforAdministrativeExpense:945,252907,290744,631 GeneralExpense 920.9269CIPREBATESRESIDENTIAL4,5004,5003,830 920.927CIPREBATESCOMMERCIAL5005001,000 920.9272CIPMARKETING50050040 920.9273CIPLABOR4,7004,7004,345 920.9281ENVIRONMENTALCOMPLIANCE2,2002,2001,936 920.9306MISCGENERALEXPENSE2501,25021 TotalforGeneralExpense:12,65013,65011,174 TotalExpenses(beforeOperatingTransfers) 3,092,2042,696,755 3,233,895 OperatingTransfer Utilities&LaborDonated 597.8261WATER&LABORDONATEDTOCITY1,5001,500463 TotalOperatingTransfer TotalforTotalOperatingTransfer:1,5001,500463 NetIncomeProfit(Loss)107,674(314,972)1,349,294 69