Loading...
5.1e ERMUSR 06-13-2023Water 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 APRIL 2023 2023 2023 2023 YTD 2023 YTD 2023 2022 2022 YTD 2022 v. Variance APRIL YTD YTD Budget Bud Var% ANNUAL APRIL YTD VARIANCE 2023 Item BUDGET Variance BUDGET Actual 136,714 565,200 464,796 W 100,404' 2,503,414 147,781 534,856 30,343 6 (1) 136,714 565,200 464,796 100,404 22 2,503,414 147,781 534,856 30,343 6 4,880 13,012 12,167 846 7 36,500 (6,428) (26,448)= 39,461 �(2) 938 4,960 9,333 (4,373) (47) 28,000 2,155 4,104 856 21 20,475 61,376 172,667 r (111,290)� 518,000 459,657 613,325 (551,949) (3) 975 5,085 4,683 401 9 376,034 24,467 98,206 (93,121) (4) 27,269 84,434 198,850 (114,416) (58) 958,534 479,851 689,187 (604,753) (88) 163,982 649,634 663,646 (14,012) (2) 3,461,948 627,633 1,224,043 (574,410) (47) 6,275 37,152 30,000 7,152 24 90,000 7,201 32,685 4,467 14 39,977 177,079 201,000 (23,921) (12) 603,000 37,884 178,306 (1,227) (1) 29,989 118,642 123,217 (4,574) (4) 337,650 20,718 89,149 29,494 -(5) 97,637 389,772 389,592 180 0 1,202,937 92,514 370,633 19,139 5 3,112 12,450 12,450 0 0 36,349 3,279 14,321 (1,871) (13) 1,554 2,055 720 1,335 185 2,470 99 484 1,572 325 8,146 29,589 28,123 1,465 5 84,370 6,995 25,399 4,189 16 70,430 332,660 365,502 (32,842) (9) 1,032,655 70,162 315,106 17,555 6 910 3,157 6,217 (3,060) (49) 18,650 1,097 3,535 (378) (11) 258,031 1,102,556 1,156,820 (54,264) (5) 3,408,081 239,949 1,029,616 72,940 7 0 0 500 (500) (100) 1,500 0 0 0 0 0 0 500 (500) (100) 1,500 0 0 0 0 (94,048) (452,923) (493,675) 40,752 8 52,367 387,684 194,427 (647,350) (333) Item Variance of+/- $15,000 and+/- 15% (1) YTD Budget variance is due to actual usage being higher than budget. (2) PYTD variance is due to the change in Fair Market Value of Investments. (3) YTD Budget variance is due to a even budget spread. PYTD variance is due to more Connection Fees in 2022. (4) PYTD variance is due to Water Tower lease revenue being recognized annually in 2023 vs monthly in 2022 (GASB 87). (5) PYTD variance is due to a 2023 water main repair and additional Cty Rd 13 expenses which are partially offset by less water meter change outs in 2023. 147