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5.3c EMRUSR 02-11-2025ELECTRIC BUDGET SUMMARY ELECTRIC REVENUE ELECTRIC EXPENDITURES ELECTRIC NET FOR CAPITAL DEBT RETIREMENT NET LESS DEBT PRINCIPAL PMTS CAPITAL EQUIPMENT/CONSTRUCTION FUND FROM RESERVES FUND FROM RESERVES FUND FROM RESERVES FUND FROM RESERVES FUND FROM RESERVES FUND FROM RESERVES BONDING or INTER -FUND BORROWING BONDING NET DEPRECIATION NET TO RESERVES WATER BUDGET SUMMARY WATER REVENUE WATER EXPENDITURES WATER NET FOR CAPITAL DEBT RETIREMENT NET LESS DEBT PRINCIPAL PMTS CAPITAL EQUIPMENT/CONSTRUCTION FUND FROM RESERVES FUND FROM RESERVES BONDING NET DEPRECIATION NET TO RESERVES * Currently, target reserves are met. ELK RIVER MUNICIPAL UTILITIES SUMMARY OF YEAR 2024 BUDGET vs ACTUAL (UNAUDITED) 2024 Budget 2024 Actual $ 48,521,831 $ 45,060,841 (46,948,091) (42,177,349) 1,573,740 3.24% 2,883,492 6.40% (955,000) (955,000) 618,740 1,928,492 (11,163,890) (7,368,941) 100,000 * County Rd 35 Feeder to Waco - * 370,840 * Otsego Transformer Replacement 429,408 * 700,000 * Data Center Feeder - * 750,000 * Unidentified Feeders 97,749 * 1,150,000 * East Substation Design and Construction 166,809 * 1,250,000 * Territory Acquisition 1,405,721 * 3,125,000 * AMI 1,939,978 * (3,099, 310) (1,400,783) 3,107,612 3,308,116 $ 8,302 * $ 1,907,333 2024 Budget 2024 Actual $ 3,728,289 $ 3,504,857 (3,649,282) (3,489,880) 79,007 2.12% 14,977 0.43% (60,000) (60,000) 19,007 (45,023) (4,121,950) (2,621,844) 2,400,000 * AMI 1,806,587 950,000 Water Main Construction (752,943) (860,280) 1,148,988 1,221,246 $ 396,045 * $ 360,966 101