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ERMU RES 25-10RESOLUTION NO. 25-10 BOARD OF COMMISSIONERS ELK RIVER MUNICIPAL UTILITIES A RESOLUTION ADOPTING THE ELK RIVER MUNICIPAL UTILITIES 2026 BUDGET AND 2026 SCHEDULE OF RATES AND FEES WHEREAS, Elk River Municipal Utilities staff has presented the preliminary 2026 budget, and the 2026 Schedule of Rates and Fees as contained in the 2026 Annual Business Plan, to the Commission; WHEREAS, the Commission has reviewed the budget and made modifications that reflect the desired service level; and WHEREAS, the budget represents a reasonable estimate of the spending required to provide the desired service level; AND WHEREAS, the schedule of rates and fees is reasonable and necessary to support our 2026 budget. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE BOARD OF COMMISSIONERS OF ELK RIVER MUNICIPAL UTILITIES, BASED UPON THE FOREGOING RECITALS INCORPORATED HEREIN, AS FOLLOWS: 1. The Elk River Municipal Utilities 2026 budget is hereby adopted as presented. 2. The Elk River Municipal Utilities 2026 Schedule of rates and fees is hereby adopted as presented. This Resolution Passed and Adopted this 18t" day of December, 2025. WhJ Chair Mark Hanson, General Manager 23804Ov2