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5.1d EMRUSR 02-11-2025Electric Revenue Operating Revenue Elk River Otsego Rural Big Lake Dayton Public St & Hwy Lighting Other Electric Sales Total Operating Revenue Other Operating Revenue Interest/Dividend Income Customer Penalties Connection Fees Misc Revenue Total Other Revenue Total Revenue Expenses Purchased Power Operating & Mtce Expense Transmission Expense Distribution Expense Maintenance Expense Depreciation & Amortization Interest Expense Other Operating Expense Customer Accounts Expense Administrative Expense General Expense Total Expenses(before Operating Transfers) Operating Transfer Operating Transfer/Other Funds 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 DECEMBER 2024 2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. Variance DECEMBER YTD YTD Budget Bud Var% ANNUAL DECEMBER YTD VARIANCE 2024 Actual Item BUDGET Variance BUDGET Var% 2,541,317 37,980,291 42,685,299 (4,705,008) (11) 42,685,299 2,433,461 39,485,338 (1,505,047) (4) 245,050 3,837,844 3,514,568 323,276 9 3,514,568 220,975 3,752,121 85,723 2 14,047 203,394 243,412 (40,018� 243,412 13,068 216,032 (12,638) (6) (1) 16,648 252,159 292,752 (40,593) (14) 292,752 15,042 267,288 (15,129) (6) 21,832 260,838 260,000 838 0 260,000 21,674 259,192 1,646 1 400 4,800 4,800 0 0 4,800 400 4,800 0 0 2,839,294 42,539,326 47,000,831 (4,461,505) (9) 47,000,831 2,704,619 43,984,771 (1,445,445) (3) 25,830 338,144 85,000 ` 253,144 - 85,000 46,659 158,310 11W9,834 -(2) 24,752 295,143 285,000 10,143 4 285,000 19,454 308,374 (13,231) (4) 19,307 317,234 135,000 182,234 135,000 11,135 151,296 F 165,938 -(3) 67,420 1,570,994 1,016,000 554,994 1,016,000 233,040 1,496,934 74,060 5 (4) 137,309 2,521,516 1,521,000 1,000,516 66 1,521,000 310,289 2,114,915 406,601 19 2,976,602 45,060,842 48,521,831 (3,460,990) (7) 48,521,831 3,014,908 46,099,685 (1,038,844) (2) 1,967,635 28,590,698 32,756,447 (4,165,749) (13) 32,756,447 2,142,668 31,232,788 (2,642,090) (8) 27,807 266,782 369,000 (102,218)- 369,000 27,441 315,056 (5) 2,693 48,623 72,000 (23,377) (32) 72,000 4,445 63,811 (15,188) (24) 34,667 427,240 425,917 1,323 0 425,917 31,133 434,319 (7,079) (2) 179,664 1,842,552 1,668,500 174,052 10 1,668,500 155,462 1,671,362 171,190 10 277,984 3,308,116 3,107,612 200,504 6 3,107,612 275,138 3,177,121 130,995 4 63,258 773,748 785,810 (12,062) (2) 785,810 66,412 810,832 (37,083) (5) 5,025 117,735 506,900 r (389,165)� 506,900 215,919 279,687 (161,95 (6) 32,013 430,396 439,000 (8,604) (2) 439,000 34,764 433,554 (3,159) (1) 353,312 4,037,296 4,208,492 (171,196) (4) 4,208,492 345,892 3,821,906 215,390 6 48,059 577,176 637,000 (59,824) (9) 637,000 34,755 388,038 189, (7) 2,992,118 40,420,362 44,976,679 (4,556,317) (10) 44,976,679 3,334,029 42,628,472 (2,208,110) (5) 102,355 1,527,629 1,707,412 (179,783) (11) 1,707,412 98,038 1,620,378 (92,748) (6) 18,779 229,359 264,000 (34,642) (13) 264,000 18,464 253,564 (24,205) (10) 121,134 1,756,988 1,971,412 (214,424) (11) 1,971,412 116,502 1,873,941 (116,953) (6) (136,650) 2,883,492 1,573,740 1,309,751 83 1,573,740 (435,623) 1,597,272 1,286,220 81 Item Variance of+/- $25,000 and+/- 15% (1) YTD budget variance is mainly due to Big Lake Residential 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 large a large connection agreement in January and July 2024. (4) YTD budget and PTYD variance is mainly due to Contributions from Customers having a couple large SOWS for transformers for additional service and/or upgrade. (5) YTD budget variance and PYTD variance is due to most expense accounts being favorable to budget and less than prior year. (6) YTD budget variance is due to riming of GASB pension entry and for loss on disposition of property being budgeted for AMI project (2024 entry has not been made yet). (7) PYTD variance is due to professional services from Frontier Energy in 2024. Z