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5.1e EMRUSR 01-14-2025ELK RIVER MUNICIPAL UTILITIES 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) ELK RIVER, MINNESOTA STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION FOR PERIOD ENDING NOVEMBER 2024 2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. Variance NOVEMBER YTD YTD Budget Bud Var% ANNUAL NOVEMBER YTD VARIANCE 2024 Actual Item BUDGET Variance BUDGET Var% 237,998 2,654,327 2,641,795 12,532 0 2,788,003 185,173 3,162,594 (508,2(1) 237,998 2,654,327 2,641,795 12,532 0 2,788,003 185,173 3,162,594 (508,267) (16) 12,708 96,698 38,042 58,657 - 41,500 8,104 44,720 51,978 -(2) 2,400 26,174 22,917 3,258 14 25,000 2,061 22,156 4,018 18 52,991 502,713 233,750 268,963 255,000 60,842 283,724 218,989 � (3) 995 12,364 14,254 (1,891) (13) 618,786 995 16,837 (4,473) (27) 69,093 637,949 308,963 328,987 106 940,286 72,002 367,437 270,512 74 307,091 3,292,276 2,950,758 341,518 12 3,728,289 257,175 3,530,031 (237,755) (7) 4,273 108,768 105,417 3,352 3 115,000 6,163 95,652 13,116 14 65,153 565,127 591,865 (26,739) (5) 645,671 34,910 537,363 27,763 5 25,828 334,350 389,802 (55,451) (14) 422,250 18,828 305,423 28,927 9 100,186 1,107,338 1,053,250 54,088 5 1,148,988 97,594 1,073,779 33,558 3 2,712 31,237 31,237 0 0 33,949 2,912 33,437 (2,200) (7) 59 1,349 17,025 JJffL.L15,676)- 82,300 107 3,126 (1,777) (57) (4) 8,038 88,933 84,104 4,829 6 91,750 5,794 80,774 8,159 10 88,694 903,714 1,006,250 (102,537) (10) 1,092,624 81,733 847,874 55,840 7 163 2,715 13,979 (11,264) (81) 15,250 52 4,733 (2,018) (43) 295,106 3,143,531 3,292,929 (149,398) (5) 3,647,782 248,093 2,982,162 161,369 5 Operating Transfer Utilities & Labor Donated 0 0 1,375 (1,375) (100) 1,500 0 0 0 0 Total Operating Transfer 0 0 1,375 (1,375) (100) 1,500 0 0 0 0 Net Income Profit(Loss) 11,985 148,745 (343,546) 492,291 143 79,007 9,082 547,868 (399,123) (73) 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) YTD budget variance is due to timing of loss on disposition of property for AMI project. 99