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5.2e EMRUSR 08-13-2024Water 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 JUNE 2024 2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. 2024 Variance JUNE YTD YTD Budget Bud Var% ANNUAL JUNE YTD VARIANCE Actual Var% Item BUDGET Variance BUDGET 267,693 1,047,184 935,572 111,612 12 2,788,003 438,631 1,162,004 (114,819) (10) 267,693 1,047,184 935,572 111,612 12 2,788,003 438,631 1,162,004 (114,819) (10) 9,214 35,135 20,750 14,385 69 41,500 2,254 16,356 11W18,779 -(1) 1,080 9,873 12,500 (2,627) (21) 25,000 1,134 7,282 2,590 36 25,940 212,900 127,500 ib. 85,400 255,000 12,961 106,877 W 106,023 �(2) 1,496 7,217 7,775 (558) (7) 618,786 975 7,035 182 3 37,730 265,125 168,525 96,600 57 940,286 17,324 137,551 127,575 93 305,423 1,312,309 1,104,097 208,213 19 3,728,289 455,955 1,299,554 12,755 1 7,965 64,810 57,500 7,310 13 115,000 7,086 55,493 9,316 17 45,006 261,277 322,836 (61,559) 645,671 53,215 287,416 (26,139) (9) (3) 23,209 174,175 225,125 (50,950) 422,250 33,650 184,176 (10,001) (5) (4) 101,672 605,562 574,500 31,062 5 1,148,988 97,653 585,077 20,485 4 2,912 17,475 17,474 0 0 33,949 3,112 18,675 (1,200) (6) 219 782 1,650 (868) (53) 82,300 105 2,413 (1,631) (68) 8,277 46,229 45,875 354 1 91,750 6,711 43,434 2,796 6 75,084 499,222 553,570 (54,347) (10) 1,092,624 67,674 491,860 7,362 1 626 1,923 7,625 (5,702) (75) 15,250 353 3,742 (1,819) (49) 264,969 1,671,454 1,806,155 (134,701) (7) 3,647,782 269,559 1,672,286 (832) (0) 0 0 750 (750) (100) 1,500 0 0 0 0 0 0 750 (750) (100) 1,500 0 0 0 0 40,454 (359,144) (702,808) 343,663 49 79,007 186,395 (372,731) 13,587 4 Item Variance of+/- $15,000 and+/- 15% (1) PYTD variance is due to the change in Fair Market Value of Investments. Also more funds were transferred to UBS in May 2024. (2) YTD budget and PYTD variance due to large 2 large connection agreements in January 2024. (3) YTD budget variance is mainly due to Electric usage being lower at Well 7 and Well 9 due to maintenance issues. (4) YTD budget variance is mainly due to the budget amount for Mtce of Water Mains having an even budget spread. AN