5.1c EMRUSR 12-10-2024ELK RIVER MUNICIPAL UTILITIES
ELK RIVER, MINNESOTA
WATER BALANCE SHEET
Current Month
Change from
October 31, 2024
September 30, 2024
Prior Month
ASSETS
CURRENT ASSETS
CASH
5,666,528
5,638,588
27,940
ACCOUNTS RECEIVABLE
5,586,707
5,501,346
85,361
INVENTORIES
60,706
69,218
(8,512)
PREPAID ITEMS
57,202
48,498
8,703
CONSTRUCTION IN PROGRESS
3,260,091
3,165,245
94,846
TOTAL CURRENT ASSETS
14,631,233
14,422,895
208,338
RESTRICTED ASSETS
EMERGENCY RESERVE FUND
4,213,228
4,205,227
8,001
TOTAL RESTRICTED ASSETS
4,213,228
4,205,227
8,001
FIXED ASSETS
PRODUCTION
17,072,086
17,050,836
21,250
DISTRIBUTION
28,138,612
28,138,612
0
GENERAL
1,246,964
1,242,733
4,231
FIXED ASSETS (COST)
46,457,662
46,432,181
25,481
LESS ACCUMULATED DEPRECIATION
(24,275,504)
(24,175,552)
(99,952)
TOTAL FIXED ASSETS, NET
22,182,158
22,256,629
(74,472)
INTANGIBLE ASSETS
OTHER ASSETS AND DEFERRED OUTFLOWS
126,311
126,311
0
TOTAL ASSETS
41,152,930
41,011,062
141,868
LIABILITIES AND FUND EQUITY
CURRENT LIABILITIES
ACCOUNTS PAYABLE
318,771
326,604
(7,834)
SALARIES AND BENEFITS PAYABLE
124,659
113,089
11,571
DUE TO CITY
2,476
2,871
(395)
UNEARNED REVENUE
455,414
422,941
32,473
TOTAL CURRENT LIABILITIES
901,321
865,506
35,815
LONG TERM LIABILITIES
BONDS PAYABLE, LESS CURRENT PORTION
1,556,403
1,556,957
(554)
PENSION LIABILITIES
500,450
500,450
0
TOTAL LONG TERM LIABILITIES
2,056,853
2,057,407
(554)
TOTAL LIABILITIES
2,958,174
2,922,913
35,261
DEFERRED INFLOWS OF RESOURCES
4,937,984
4,937,984
0
FUND EQUITY
RETAINED EARNINGS
33,120,013
33,120,013
0
NET INCOME (LOSS) (THROUGH PREVIOUS MONTH)
136,760
30,153
106,607
TOTAL FUND EQUITY
33,256,773
33,150,166
106,607
TOTAL LIABILITIES & FUND EQUITY
41,152,930
41,011,062
141,868
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