5.02a EMRUSR 11-12-2024ELK RIVER MUNICIPAL UTILITIES
SUMMARY OF YEAR 2024
BUDGETS
ELECTRIC BUDGET SUMMARY
2025
ELECTRIC REVENUE $
47,532,450
ELECTRIC EXPENDITURES
(45,960,483)
ELECTRIC NET FOR CAPITAL
1,571,968
3.31% Margin
DEBT RETIREMENT
(990,000)
NET LESS DEBT PRINCIPAL PMTS
581,968
CAPITAL EQUIPMENT/CONSTRUCTION
(9,405,195)
FUND FROM RESERVES
1,398,000 *
East Substation Design and Construction
FUND FROM RESERVES
750,000 *
Unidentified Feeders
FUND FROM RESERVES
375,000 *
Transformers and Meters
FUND FROM RESERVES
935,000 *
Territory Acquisition Areas 1&2, 3&4, 5&6, 7&8 Loss of Revenue
INTER -FUND BORROWING
2,125,000
AMI
NET
(3,240,227)
DEPRECIATION
3,343,377
NET TO RESERVES
103,150 *
Note that this is separate from above funding of draw on reserves
WATER BUDGET SUMMARY
2025
WATER REVENUE $
4,059,910
WATER EXPENDITURES
(3,992,643)
WATER NET FOR CAPITAL
67,267
1.66% Margin
DEBT RETIREMENT
(65,000)
NET LESS DEBT PRINCIPAL PMTS
2,267
CAPITAL EQUIPMENT/CONSTRUCTION
(5,735,705)
FUND FROM RESERVES
2,400,000 *
New Wells
FUND FROM RESERVES
1,450,000 *
Water Main Construction (Upland/Meadowvale)
FUND FROM RESERVES
600,000 *
AMI
NET
(1,283,438)
DEPRECIATION
1,329,082
NET TO RESERVES
45,644 *
Notethatthis is separatefrom above funding of draw on reserves
* Currently, target reserves are met.