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5.1aaHANDOUT AT MEETING - FINANCIALS Electric Revenue Operating Revenue Elk River Otsego Rural Big Lake Dayton Public St & Hwy Lighting Other Electric Sales Total Operating Revenue Other Operating Revenue Interest/Dividend Income Customer Penalties LFG Project Connection Fees Misc Revenue Total Other Revenue Total Revenue Expenses Purchased Power Operating & Mtce Expense Landfill Gas Transmission Expense Distribution Expense Maintenance Expense Depreciation & Amortization Interest Expense Other Operating Expense Customer Accounts Expense Administrative Expense General Expense Total Expenses(before Operating Transfers) Operating Transfer Operating Transfer/Other Funds Utilities & Labor Donated Total Operating Transfer NetIncome Profit(Loss) ELK RIVER MUNICIPAL UTILITIES ELK RIVER, MINNESOTA STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION FOR PERIOD ENDING JANUARY 2023 2023 2023 2023 YTD 2023 2023 YTD 2022 2022 YTD 2022 v. 2023 JANUARY YTD YTD Budget ANNUAL Bud Var% JANUARY YTD VARIANCE Actual Var% BUDGET Variance BUDGET 2,805,567 2,805,567 2,975,103 (169,536) 42,041,326 (6) 2,605,611 2,605,611 199,956 8 250,334 250,334 228,908 21,426 3,385,657 9 222,822 222,822 27,512 12 17,051 17,051 18,324 (1,273) 238,658 (7) 15,433 15,433 1,617 10 19,710 19,710 21,850 (2,140) 285,471 (10) 18,860 18,860 850 5 21,723 21,723 21,667 57 260,000 0 21,302 21,302 422 2 400 400 400 0 4,800 0 400 400 0 0 3,114,786 3,114,786 3,266,252 (151,466) 46,215,912 (5) 2,884,428 2,884,428 230,358 8 9,433 9,433 4,167 5,266 50,000 126 (18,019) (18,019) 2745,1 SEEM (1) 21,874 21,874 20,833 1,040 250,000 5 0 0 21,874 0 0 0 0 0 0 0 92,393 92,393 (92,393) (2) 6,275 6,275 18,333 (12,058) 220,000 (66) 12,450 12,450 (6,175) (50) 67,312 67,312 76,353 (9,041) 936,231 (12) 56,016 56,016 11,296 20 104,893 104,893 119,686 (14,793) 1,456,231 (12) 142,840 142,840 (37,947) (27) 3,219,679 3,219,679 3,385,938 (166,259) 47,672,143 (5) 3,027,268 3,027,268 192,411 6 2,215,450 2,215,450 2,385,184 (169,735) 32,766,025 (7) 2,358,373 2,358,373 (142,924) (6) 43,734 43,734 36,417 7,317 321,000 20 25,388 25,388 18,345 72 0 0 0 0 0 0 57,284 57,284 (57284) (3) 5,118 5,118 5,833 (716) 70,000 (12) 8,252 8,252 (3,134) (38) 32,438 32,438 30,588 1,851 369,466 6 31,641 31,641 798 3 139,313 139,313 159,625 (20,312) 1,540,500 (13) 118,108 118,108 21,205 18 265,028 265,028 265,029 (1) 3,220,836 (0) 249,709 249,709 15,319 6 69,425 69,425 69,425 0 810,832 0 74,014 74,014 (4,590) (6) 4,569 4,569 1,481 3,089 74,109 209 1,705 1,705 2,865 168 31,915 31,915 33,458 (1,543) 401,500 (5) 27,778 27,778 4,137 15 485,751 485,751 486,078 (327) 4,128,585 (0) 416,395 416,395 69,354 (4) 40,134 40,134 48,551 (8,417) 582,609 (17) 30,819 30,819 9,315 30 3,332,874 3,332,874 3,521,667 (188,793) 44,285,462 (5) 3,399,466 3,399,466 (66,591) (2) 125,228 125,228 119,004 6,224 1,681,653 5 110,849 110,849 14,378 13 20,413 20,413 20,000 413 240,000 2 18,819 18,819 1,594 8 145,640 145,640 139,004 6,636 1,921,653 5 129,668 129,668 15,972 12 (258,836) (258,836) (274,734) 15,898 1,465,028 6 (501,866) (501,866) 243,030 48 Item Variance of +/- $25,000 and +/- 15% (1) PY variance is due to the change in Fair Market Value of Investments. (2) PY variance is due to the LFG Project coming to an end in 2022. (3) PY variance is due to the LFG Project coming to an end in 2022. (4) PY variance is due to Employer paid Medical Insurance (2023 increased ER HSA contribution and premium) and Holiday Pay (2 days in 2023 v 1 day in 2022) HANDOUT AT MEETING - FINANCIALS Water Revenue Operating Revenue Water Sales Total Operating Revenue Other Operating Revenue Interest/Dividend Income Customer Penalties Connection Fees Misc Revenue Total Other Revenue Total Revenue Expenses Production Expense Pumping Expense Distribution Expense Depreciation & Amortization Interest Expense Other Operating Expense Customer Accounts Expense Administrative Expense General Expense Total Expenses(before Operating Transfers) Operating Transfer Utilities & Labor Donated Total Operating Transfer Net Income Profit(Loss) ELK RIVER MUNICIPAL UTILITIES ELK RIVER, MINNESOTA STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION FOR PERIOD ENDING JANUARY 2023 2023 2023 2023 YTD 2023 2023 YTD 2022 2022 YTD 2022 v. 2023 JANUARY YTD YTD Budget ANNUAL Bud Var% JANUARY YTD VARIANCE Actual Var% BUDGET Variance BUDGET 134,366 134,366 112,008 22,358 2,503AI4 11111MM 128,999 128,999 5,367 4 (1) 134,366 134,366 112,008 22,358 2,503,414 20 128,999 128,999 5,367 4 3,326 3,326 3,042 285 36,500 9 (3,793) (3,793) 7,119 188 1,748 1,748 2,333 (585) 28,000 (25) 0 0 1,748 0 11,766 11,766 43,167 (31,401I ' 518,000 27,320 27,320 (15,554) = (2) 975 975 1,171 (196) 376,034 (17) 24,460 24,460 (23,4$5) (3) 17,816 17,816 49,713 (31,897) 958,534 (64) 47,988 47,988 (30,172) (63) 152,181 152381 161,720 (9,539) 3,461,948 (6) 176,987 176,987 (24,805) (14) 10,599 10,599 7,500 3,099 90,000 41 8,003 8,003 2,596 32 47,297 47,297 50,250 (2,953) 603,000 (6) 40,507 40,507 6,791 17 45,157 45,157 44,409 748 337,650 2 12,367 12,367 32,750 (4) 97,368 97,368 97,398 (30) 1,202,937 (0) 92,498 92,498 4,870 5 3,112 3,112 3,112 (0) 36,349 0 4,484 4,484 (1,371) (31) 255 255 251 4 2,470 2 187 187 68 36 7,336 7,336 7,031 305 84,370 4 6,021 6,021 1,315 22 106,850 106,850 127,380 (20,53,0), 1,032,655 96,559 96,559 10,291 11 (5) 506 506 1,554 (1,048) 18,650 (67) 501 501 5 1 318,480 318,480 338,886 (20,406) 3,408,081 (6) 261,127 261,127 57,353 22 0 0 125 (125) 1,500 (100) 0 0 0 0 0 0 125 (125) 1,500 (100) 0 0 0 0 (166,299) (166,299) (177,291) 10,992 52,367 6 (84,140) (84,140) (82,159) (98) Item Variance of +/- $15,000 and +/- 15% (1) Budget variance is due to Residential sales spread amount being too low. (2) Budget variance is due to a even budget spread. PY variance is due to more Connection Fees in 2022. (3) PY variance is due Water Tower lease revenue being recognized annually in 2023 v monthly in 2022 (GASB 87) (4) PY variance is due to a 2023 water main repair and timing issue for water permit. (5) Budget variance is due to ER paid Medical/Dental January budget spread amount being too high. HANDOUT AT MEETING - FINANCIALS - ELECTRIC _2 -2 HANDOUT AT MEETING - FINANCIALS - WATER . . ..... ......... HANDOUT AT MEETING - FINANCIALS - COMBINED