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5.2a EMRUSR 10-08-2024ELK RIVER MUNICIPAL UTILITIES ELK RIVER, MINNESOTA 2025 ELECTRIC BUDGET 2025Annual 2024Annual 2023 Annual Electric Budget Budget Actual Operating & Mtce Expense 540.5461 OPERATING SUPERVISION 145,000 131,000 120,165 540.5471 DI ESEL OIL FUEL - 30,000 3,915 Plant de -commissioning 540.5472 NATURAL GAS 30,000 33,000 28,240 540.5483 ELECTRIC& WATER CONSUMPTION - PLANT 62,000 66,aoo 62,628 540.5484 PLANT SUPPLIES & OTHER EXPENSE 15,000 15,aoo 27,882 540.5491 MISC POWER GENERATION EXPENSE 1,000 8,000 3,909 540.5521 MAINTENANCE OF STRUCTURE - PLANT 15,000 21,aoo 19,304 540.5531 MTCE OF PLANT ENGINES/GENERATORS 5,000 39,000 19,571 540.5541 MTCE OF PLANT/LAND IMPROVEMENT 50,000 46,000 29,436 Total for Operating&Mtce Expense: 323,000 369,000 315,050 Transmission Expense 560.562 TRANSMISSION MTCE AND EXPENSE 76,000 72,000 63,810 Total for Transmission Expense: 76,000 72,000 63,810 Distribution Expense 580.5801 REMOVE EXISTING SERVICE & METERS 2,000 2,000 759 580.5821 SCADA EXPENSE 55,000 45,000 53,498 580.5831 TRANSFORMER EXPENSE OH&URD 25,000 15,000 19,018 580.5851 MTCE OF SIGNAL SYSTEMS 3,000 3,000 2,667 580.5861 METER EXPENSE - REMOVE&RESET 1,500 1,500 1,610 580.5871 TEMP SERVICE - INSTALL&REMOVE 10,000 7,000 9,206 580.5881 MISC DISTRIBUTION EXPENSE 400,000 350,000 345,140 580.589 INTERCONNECTION CARRYING CHARGE - 2,417 2,416 Totalfor Distribution Expense: 496,500 425,917 434,314 Maintenance Expense 590.5911 MTCE OF STRUCTURES 9o,000 5a,aoo 71,216 590.5921 MTCE OF SUBSTATIONS 25,000 36,aoo 40,623 590.5922 MTCE OF SUBSTATION EQUIPMENT 90,000 79,aoo 79,615 590.5931 MTCE OF OH LINES/TREE TRIM 260,000 230,000 225,909 $145k contractors Jan -Apr 590.5932 MTCE OF OH LINES/STANDBY 45,000 40,000 36,654 590.5933 MTCE OF OH PRIMARY 190,000 170,000 152,226 590.5941 MTCE OF URD PRIMARY 250,000 220,000 214,304 590.5943 LOCATE ELECTRIC LINES 125,000 110,000 105,451 590.5944 LOCATE FIBER LINES 2,500 1,500 624 590.5951 MTCE OF LINE TRANSFORMERS 75,000 6a,aoo 83,650 590.5961 MTCE OF STREET LIGHTING 60,000 5a,aoo 48,781 590.5962 MTCE OF SECURITY LIGHTING 25,000 15,aoo 18,471 590.5971 MTCE OF METERS 80,000 8a,aoo 69,871 590.5972 VOLTAGE COMPLAINTS 12,000 12,000 10,389 590.5981 SALARIES TRANSMISSION & DISTRIBUTION 33,000 30,000 28,029 590.5985 ELECTRIC MAPPING 155,000 100,000 111,093 590.5986 FIBER MAPPING 15,000 - - 590.5991 MTCE OF OH SECONDARY 22,000 25,000 26,387 590.5992 MTCE OF URD SECONDARY 75,000 60,000 68,402 590.5995 TRANSPORTATION EXPENSE 325,000 300,000 279,657 Increased labor and fuel costs Totalfor Maintenance Expense: 1,954,500 1,668,500 1,671,352 Depreciation &Amortization 595.8031 DEPRECIATION 2,630,704 2,439,476 2,508,985 595.8032 AMORTIZATION 668,136 668,136 668,135 Total for Depreciation&Amortization: 3,298,840 3,107,612 3,177,120 Interest Expense 596.8071 INTEREST EXPENSE -BONDS 794,932 845,673 870,693 597.8281 AMORTIZATION OF DEBT DISCOUNT/PREMIUM (59,863) (59,863) (59,862) Total for Interest Expense: 735,069 785,810 810,831 Other Operating Expense 597.8165 EV CHARGING EXPENSE 1,400 3,100 6,552 597.8213 LOSS ON DISPOSITION OF PROP(CAPITAL) 135,000 155,800 13,073 Meters (due to AMl) 597.8263 OTHER DONATIONS 1,500 3,000 108 597.8265 MUTUALAID - - 4,415 597.8302 PENSION EXPENSE 259,000 295,000 211,616 GASB68 597.8311 OTHER INTEREST EXPENSE - - 378 597.8341 INTEREST EXPENSE - METER DEPOSITS 58,000 50,000 47,921 Totalfor Other Operating Expense: 454,900 506,900 284,063 Customer Accounts Expense 900.9021 METER READING EXPENSE 35,000 47,aoo 43,805 900.903 DISCONNECT/RECONNECT EXPENSE 10,000 22,aoo 20,348 900.9051 MISC CUSTOMER ACCOUNTS EXPENSE UTILITY 360,150 345,000 340,258 900.9061 BAD DEBT EXPENSE & RECOVERY 25,000 25,000 29,142 Total for Customer Accounts Expense: 430,150 439,000 433,553 Administrative Expense 920.9201 SALARIES OFFICE & COMMISSION 956,000 908,000 792,284 920.9205 TEMPORARY STAFFING 4,000 4,000 - 920.9211 OFFICE SUPPLIES 125,000 125,000 113,010 920.9212 ELECTRIC& WATER CONSUMPTION -OFFICE 30,000 40,000 27,148 920.9213 BANK FEES 2,700 2,500 1,886 920.9221 LEGAL FEES 30,000 30,000 20,028 920.9231 AUDITING FEES 20,640 22,000 20,439 920.9241 INSURANCE 190,000 190,000 201,330 ELK RIVER MUNICIPAL UTILITIES ELK RIVER, MINNESOTA 2025 ELECTRIC BUDGET Electric 920.926 UTILITY SHARE -DEFERRED COMP 920.9261 UTILITY SHARE - MEDICAL/DENTAL/DISABIL 920.9262 UTILITY SHARE -PERA 920.9263 UTILITY SHARE - FICA 920.9264 EMPLOYEE SICK PAY 920.9265 EMPLOYEE HOLIDAY PAY 920.9266 EMPLOYEE VACATION & PTO PAY 920.9267 UPMIC DISTRIBUTION 920.929 LONGEVITY PAY 920.9291 CONSULTING FEES 920.9301 TELEPHONE 920.9302 ADVERTISING 920.9303 DUES&SUBSCRIPTIONS - FEES 920.9305 SCHOOLS & MEETINGS 920.9321 MTCE OF GENERAL PLANT &OFFICE HEATING Total for Administrative Expense: General Expense 920.9269 CIP REBATES - RESIDENTIAL 920.927 CIP REBATES - COMMERCIAL 920.9271 CIP- ADMINISTRATION 920.9272 CIP-MARKETING 920.9273 CIP- LABOR 920.9274 CIP REBATES-LOWINCOME 920.9275 CIP-LOWINCOME LABOR 920.9281 ENVIRONMENTAL COMPLIANCE 920.9306 MISC GENERAL EXPENSE Total for General Expense: 2025Annual 2024Annual 2023 Annual Budget Budget Actual 125,200 120,000 116,375 932,000 870,000 824,442 12.55% projected medical ins increase 328,000 302,000 286,887 320,000 295,000 280,348 200,000 165,000 175,686 190,000 172,000 168,236 330,000 275,000 279,368 115,100 101,000 88,867 9,945 6,964 15,168 78,000 97,600 2,732 NISC, Rate Study, Comp Study, Power Plant 38,000 38,000 36,236 19,000 19,000 13,765 146,859 137,534 124,702 276,665 274,895 223,111 11,000 13,000 9,847 4,478,108 4,208,492 3,821,895 90,758 90,758 60,902 Will update 2024 budget in Nov, currently utilizing 2024 budget data 112,000 112,000 71,268 Will update 2024 budget in Nov, currently utilizing 2024 budget data 182,965 182,965 27,286 Will update 2024 budget in Nov, currently utilizing 2024 budget data 51,235 51,235 36,225 Will update 2024 budget in Nov, currently utilizing 2024 budget data 133,822 133,822 138,208 Will update 2024 budget in Nov, currently utilizing 2024 budget data 18,720 18,720 16,193 Will update 2024 budget in Nov, currently utilizing 2024 budget data 10,000 10,000 9,391 Will update 2024 budget in Nov, currently utilizing 2024 budget data 32,000 35,000 23,454 5,300 2,500 5,108 636,800 637,000 383,035 Operating Transfer Operating Transfer/Other Funds 597.8262 TRANSFER TO CITY ELK RIVER REVENUE 1,669,000 1,707,412 1,620,377 4% of Elk River Sales Total for Operating Transfer/Other Funds: 1,669,000 1,707,412 1,620,377 Utilities & Labor Donated 597.8261 UTILITIES& LABOR DONATED TO CITY 265,000 264,000 253,563 Total for Utilities&Labor Donated: 265,000 264,000 253,563 Total Operating Transfer Total for Total Operating Transfer: 1,934,000 1,971,412 1,873,940 Total Expense 14,817,867 14,191,643 13,273,963 Expense Budget Change Year over Year 4.4% 65