5.1c EMRUSR 01-14-2025ELK RIVER MUNICIPAL UTILITIES
ELK RIVER, MINNESOTA
WATER BALANCE SHEET
Current Month
Change from
November 30, 2024
October 31, 2024
Prior Month
ASSETS
CURRENT ASSETS
CASH
5,822,103
5,666,528
155,575
ACCOUNTS RECEIVABLE
5,492,763
5,586,707
(93,944)
INVENTORIES
66,147
60,706
5,440
PREPAID ITEMS
58,894
57,202
1,692
CONSTRUCTION IN PROGRESS
3,348,085
3,260,091
87,994
TOTAL CURRENT ASSETS
14,787,991
14,631,233
156,757
RESTRICTED ASSETS
EMERGENCY RESERVE FUND
4,219,152
4,213,228
5,924
TOTAL RESTRICTED ASSETS
4,219,152
4,213,228
5,924
FIXED ASSETS
PRODUCTION
17,087,067
17,072,086
14,982
DISTRIBUTION
28,171,542
28,138,612
32,930
GENERAL
1,249,095
1,246,964
2,132
FIXED ASSETS (COST)
46,507,705
46,457,662
50,043
LESS ACCUMULATED DEPRECIATION
(24,375,690)
(24,275,504)
(100,186)
TOTAL FIXED ASSETS, NET
22,132,015
22,182,158
(50,142)
INTANGIBLE ASSETS
OTHER ASSETS AND DEFERRED OUTFLOWS
126,311
126,311
0
TOTAL ASSETS
41,265,469
41,152,930
112,539
LIABILITIES AND FUND EQUITY
CURRENT LIABILITIES
ACCOUNTS PAYABLE
422,358
318,771
103,587
SALARIES AND BENEFITS PAYABLE
122,406
124,659
(2,254)
DUE TO CITY
2,250
2,476
(226)
UNEARNED REVENUE
455,414
455,414
0
TOTAL CURRENT LIABILITIES
1,002,428
901,321
101,108
LONG TERM LIABILITIES
BONDS PAYABLE, LESS CURRENT PORTION
1,555,849
1,556,403
(554)
PENSION LIABILITIES
500,450
500,450
0
TOTAL LONG TERM LIABILITIES
2,056,299
2,056,853
(554)
TOTAL LIABILITIES
3,058,727
2,958,174
100,553
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)
148,745
136,760
11,985
TOTAL FUND EQUITY
33,268,758
33,256,773
11,985
TOTAL LIABILITIES & FUND EQUITY
41,265,469
41,152,930
112,539
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