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5.1e EMRUSR 09-10-2024
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 JULY 2024 2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. 2024 Variance JULY YTD YTD Budget Bud Var% ANNUAL JULY YTD VARIANCE Actual Var% Item BUDGET Variance BUDGET 284,486 1,331,671 1,349,860 (18,189) -1.3% 2,788,003 523,974 1,685,977 (354,307)�(1) 284,486 1,331,671 1,349,860 (18,189) -1.3% 2,788,003 523,974 1,685,977 (354,307) -21.0% 17,382 52,517 24,208 28,309 41,500 7,682 24,038 28,479 -(2) 3,451 13,324 14,583 (1,260) -8.6% 25,000 3,305 10,588 2,736 25.8% 16,142 229,042 148,750 80,292 255,000 16,498 123,376 105,66�(3) 1,171 8,388 0,071 (683) -7.5% 618,786 2,507 9,541 (1,154) -12.19/o 38,145 303,271 196,613 106,658 54.2% 940,286 29,992 167,542 135,729 81.0% 322,632 1,634,941 1,546,472 88,469 5.7% 3,728,289 553,966 1,853,520 (218,579) -11.8% 13,179 77,988 67,083 10,905 163% 115,000 6,824 62,317 (4) 76,256 337,533 376,642 (39,109) -10.4% 645,671 69,874 357.290 (19,759) -5.5% 39,080 213,255 258,791 422,250 30,301 214,477 (1,222) -0.6% (5) 101,013 706,575 670,250 36,325 5.4% 1,148,988 97,626 682,703 23,973 3.5% 2,912 20,387 20,387 0 0.0% 33,949 3,112 21,787 (1,400) -6.4% 60 842 1,925 (1,083) -56.3% 92,300 105 2,518 (1,676) -66.6% 7,865 54,094 53,521 574 1.1% 91,750 7,492 50,925 3,169 6.2% 64,942 564,164 631,912 (67,748) -10.7% 1,092,624 57,965 549,825 14,339 2.6% (41) 1,882 8,896 (7,014) -78.8% 15,250 336 4,079 (2,197) -53.9% 305,267 1,976,720 2,089,406 (112,686) -5.4% 3,647,782 273,636 1,945,921 30,799 1.6% 0 0 875 (875)-100.0% 1,500 0 0 0 0.0% 0 0 875 (875)-100.0% 1,500 0 0 0 0.0% 17,365 (341,779) (543,809) 202,030 37.2% 79,007 280,330 (92,401) (249,378)-269.9% Item Variance of+/- $15,000 and+/- 15% (1) PYTD variance is due to decreased usage. (2) PYTD variance is due to the change in Fair Market Value of Investments. More funds were transferred to UBS/invested in 2024. (3) YTD budget and PYTD variance due to large 2 large connection agreements in January 2024. (4) PYTD variance is due to increased labor for mtce of structures. (5) YTD budget variance is mainly due to the budget amount for Mtce of Water Mains having an even budget spread.