Loading...
5.1e EMRUSR 02-11-2025Water 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) Operating Transfer 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% 149,275 2,803,602 2,788,003 15,598 1 2,788,003 142,554 3,305,147 W (501,546)-(1) 149,275 2,803,602 2,788,003 15,598 1 2,788,003 142,554 3,305,147 (501,546) (15) 8,861 105,560 41,500 JW 64,060 - 41,500 13,726 58,447 W 47,113 -(2) 4,928 31,102 25,000 6,102 24 25,000 961 23,118 7,984 35 47,694 550,407 255,000 FW 295,407 255,000 25,351 309,075PW 241,332 (3) 1,824 14,187 618,786 (604,599) 618,786 1,752,402 1,769,239 (1,755,051) (4) 63,307 701,256 940,286 (239,030) (25) 940,286 1,792,441 2,159,877 (1,458,622) (68) 212,581 3,504,857 3,728,289 (223,432) (6) 3,728,289 1,934,994 5,465,025 (1,960,167) (36) 10,006 118,775 115,000 3,775 3 115,000 9,176 104,829 13,946 13 73,249 638,375 645,671 (7,296) (1) 645,671 25,688 563,051 75,324 13 45,808 380,158 422,250 (42,092) (10) 422,250 13,004 318,427 (5) 113,909 1,221,246 1,148,988 72,259 6 1,148,988 100,974 1,174,753 46,493 4 2,712 33,949 33,949 0 0 33,949 2,912 36,349 (2,400) (7) 16,334 17,683 82,300 82,300 19,441 22,568 (4,884) (22) (6) 7,682 96,615 91,750 4,865 5 91,750 7,866 88,640 7,975 9 76,474 980,188 1,092,624 (112,436) (10) 1,092,624 71,792 919,666 60,522 7 176 2,891 15,250 (12,359) (81) 15,250 (597) 4,136 (1,245) (30) 346,350 3,489,881 3,647,782 (157,901) (4) 3,647,782 250,256 3,232,418 257,463 8 0 0 1,500 (1,500) (100) 1,500 0 0 0 0 0 0 1,500 (1,500) (100) 1,500 0 0 0 0 (133,769) 14,977 79,007 (64,031) (81) 79,007 1,684,739 2,232,607 (2,217,630) (99) 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 and PYTD variance due to timing of entries for year-end (entries not yet posted for 2024). (5) PYTD variance is due to water meter service expenses from AMI project in 2024. (6) YTD budget variance is due to timing of loss on disposition of property for AMI project. Entry has not been posted for 2024 yet. a