5.1c ERMUSR 02-13-2024ELK RIVER MUNICIPAL UTILITIES
ELK RIVER, MINNESOTA
WATER BALANCE SHEET
December 31, 2023 November 30, 2023
ASSETS
CURRENT ASSETS
CASH
9,557,628
9,585,625
ACCOUNTS RECEIVABLE
5,606,512
5,616,821
INVENTORIES
17,102
12,939
PREPAID ITEMS
35,211
48,079
CONSTRUCTION IN PROGRESS
1,476,495
1,463,212
TOTAL CURRENT ASSETS
RESTRICTED ASSETS
EMERGENCY RESERVE FUND
TOTAL RESTRICTED ASSETS
FIXED ASSETS
PRODUCTION
DISTRIBUTION
GENERAL
FIXED ASSETS (COST)
LESS ACCUMULATED DEPRECIATION
TOTAL FIXED ASSETS, NET
INTANGIBLE ASSETS
OTHER ASSETS AND DEFERRED OUTFLOWS
TOTAL ASSETS
LIABILITIES AND FUND EQUITY
CURRENT LIABILITIES
ACCOUNTS PAYABLE
SALARIES AND BENEFITS PAYABLE
DUE TO CITY
BONDS PAYABLE -CURRENT PORTION
UNEARNED REVENUE
TOTAL CURRENT LIABILITIES
LONG TERM LIABILITIES
BONDS PAYABLE, LESS CURRENT PORTION
PENSION LIABILITIES
TOTAL LONG TERM LIABILITIES
TOTAL LIABILITIES
DEFERRED INFLOWS OF RESOURCES
FUND EQUITY
RETAINED EARNINGS
NET INCOME (LOSS) (THROUGH PREVIOUS MONTH)
TOTAL FUND EQUITY
TOTAL LIABILITIES & FUND EQUITY
16,692,948
1,366,689
1,366,689
16,798,616
26,875,344
1,224,045
44,898,005
(23,266,258)
21,631,746
226,587
39,917,970
386,634
139,981
3,095
60,000
438,961
1,028,671
1,561,945
725,038
2,286,983
3,315,654
5,121,831
30,887,406
593,079
31,480,483
39,917,970
16,726,676
1,364,501
1,364,501
16,525,311
26,875,344
1,205,204
44,605,858
(23,167,379)
21,438,480
226,587
39,756,243
275,999
135,740
901
0
438,961
851,600
1,622,500
725,038
2,347,538
3,199,138
5,121,831
30,887,406
547,868
31,435,274
39,756,243
Current Month
Change from
Prior Month
(27,998)
(10,309)
4,163
(12,867)
13,283
(33,728)
2,188
2,188
273,306
0
18,841
292,146
(98,880)
193,267
0
161,727
110,635
4,242
2,193
60,000
0
177,071
(60,554)
0
(60,554)
116,516
0
0
45,210
45,210
161,727
95