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5.01e EMRUSR 11-12-2024
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 SEPTEMBER 2024 2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. Variance SEPTEMBER YTD YTD Budget Bud Vat% ANNUAL SEPTEMBER YTD VARIANCE 2024 Actual Item BUDGET Variance BUDGET Vat% 332,221 2,076,616 2,199,983 (123,367) (6) 2,788,003 518,665 2,655,836 ' (579,220)-(1) 332,221 2,076,616 2,199,983 (123,367) (6) 2,788,003 518,665 2,655,836 (579,220) (22) 12,724 84,579 31,125 ! 53,454 - 41,500 2,891 30,987 ,592 -(2) 2,980 18,229 18,750 (521) (3) 25,000 3,250 17,531 698 4 55,970 405,582 191,250 214,332 - 255,000 32,560 168,205 �,377'(3) 1,001 10,394 11,663 (1,269) (11) 618,786 3,935 14,451 (4,058) (28) 72,675 518,784 252,788 265,996 105 940,286 42,636 231,175 287,609 124 404,896 2,595,400 2,452,770 142,629 6 3,728,289 561,302 2,887,011 (291,611) (10) 8,791 95,514 86,250 9,264 11 115,000 7,341 78,131 (4) 59,957 455,167 484,254 (29,087) (6) 645,671 51,147 465,233 (10,066) (2) 28,006 269,825 324,905 JJJBWL55,080)- 422,250 20,878 263,287 6,538 2 (5) 100,102 907,200 861,750 45,450 5 1,148,988 97,592 878,646 28,553 3 2,712 25,812 25,812 0 0 33,949 2,912 27,612 (1,800) (7) 60 963 16,475 �5,512)� 82,300 104 2,745 (1,783) (65) (6) 9,028 71,713 68,812 2,900 4 91,750 7,666 66,073 5,639 9 81,024 736,600 819,049 (82,449) (10) 1,092,624 70,743 699,778 36,821 5 287 2,455 11,438 (8,983) (79) 15,250 126 4,620 (2,165) (47) 289,968 2,565,247 2,698,743 (133,497) (5) 3,647,782 258,509 2,486,126 79,121 3 0 0 1,125 (1,125) (100) 1,500 0 0 0 0 0 0 1,125 (1,125) (100) 1,500 0 0 0 0 114,927 30,153 (247,098) 277,251 112 79,007 302,793 400,886 (370,733) (92) 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. YTD budget variance due to conservative estimate and more funds being invested with UBS in 2024. (3) YTD budget and PYTD variance due to a few large connection agreements in 2024. (4) PYTD variance is due to increased labor for truce of structures. (5) YTD budget variance is mainly due to the budget amount for Mtce of Water Mains having an even budget spread. (6) YTD budget variance is due time of loss on disposition of property for AMI project. 77