2026-8 - ERMU - Regular Commission MeetingREGULAR MEETING OF THE
UTILITIES COMMISSION
August 11, 2026, 3:30 P.M.
Utilities Conference Room
______________________________________________________________________________
Page 1 of 1
AGENDA
1.0 GOVERNANCE
1.1 Call Meeting to Order
1.2 Pledge of Allegiance
1.3 Consider the Agenda
2.0 CONSENT (Routine items. No discussion. Approved by one motion.)
2.1 Check Register – July 2026
2.2 Regular Meeting Minutes – July 14, 2026
2.3 2026 Second Quarter Utilities Performance Metrics Score Card Statistics
2.4 2026 Second Quarter Delinquent Items
2.5 Commission Policy Update – G.4h – Financial Planning and Budgeting
3.0 OPEN FORUM (Non-agenda items for discussion. No action. Presenters must adhere to a time limit of 3
minutes.)
4.0 POLICY & COMPLIANCE (Policy review, policy development, and compliance monitoring.)
4.1 Commission Policy Review – G.4i – Financial Condition and Transactions
4.2 Annual Strategic Plan Review
5.0 BUSINESS ACTION (Current business action requests and performance monitoring reports.)
5.1 Financial Report – June 2026
5.2 2027 Annual Business Plan: Travel and Training; Dues, Subscriptions - Fees Budget
5.3 IT Capital Projects
5.4 Data Center Update and Lessons Learned
5.5 Midwest Municipal Transmission Group Update
6.0 BUSINESS DISCUSSION (Future business planning, general updates, and informational reports.)
6.1 Staff Updates
6.2 City Council Update
6.3 Future Planning (Announce the next regular meeting, special meeting, or planned quorum.)
a. Regular Commission Meeting – September 8, 2026
b. Quorum – MMUA Summer Conference, August 17-19, 2026 – St. Cloud, MN
c. 2026 Governance Agenda
6.4 Other Business (Items added during agenda approval.)
7.0 ADJOURN REGULAR MEETING
1
Payroll/Labor
Check Register Totals
Page: 108/05/2026 8:25:11 am
Elk River Municipal Utilities
07/02/2026 To 07/02/2026
Rev: 202303050330
Pays Job Amount Hours
Gross Pay
185,108.63 3,257.002Reg Hours
4,475.88 60.003Overtime
6,848.79 51.504Double Time
3,403.62 56.005On-Call/Stand-by
197.22 0.0024FLSA
0.00 0.0025Rest Time
130.72 2.0010Bonus Pay
0.00 0.0018Commissioner Reimb - Electric
2,084.00 0.00104Commission Stipend
0.00 0.00105Perf. Metr. Distr.
10,155.29 188.75VACVacation Pay
3,492.24 87.00SICKSick Pay
20,931.43 360.00HOLHoliday Pay
0.00 0.0078Retro Earnings
1,187.03 11.005-2 On-Call/Stand-by/OT
0.00 0.0018ACommissioner Reimb. - Water
0.00 0.0010-3 Bonus Pay Overtime
351.00 0.00104ACommission Stipend - Water
36.08 0.75PTOYPersonal Day - Year
1,173.21 14.753COvertime-Comp Time
0.00 0.004CDouble Time-Comp Time
-1,173.21 -14.75CM3COvertime-Comp Time Adjusted
0.00 0.00CM4CDouble Time-Comp Time Adjusted
346.96 8.00COMPComp Time Taken
0.00 0.00106Longevity Pay
0.00 0.00MILMilitary Pay - Calendar Year
Gross Pay Total:238,748.89 4,082.00
Total Pays:238,748.89 4,082.00
/pro/rpttemplate/acct/2.65.1/pl/PL_CHK_REG_TOTALS.xml.rpt KGreenberg25252032
Payroll/Labor
Check Register Totals
Page: 108/05/2026 8:26:57 am
Elk River Municipal Utilities
07/14/2026 To 07/14/2026
Rev: 202303050330
Pays Job Amount Hours
Gross Pay
0.00 0.002Reg Hours
0.00 0.00105Perf. Metr. Distr.
0.00 0.00VACVacation Pay
0.00 0.00SICKSick Pay
0.00 0.00HOLHoliday Pay
2,025.00 0.00106Longevity Pay
Gross Pay Total:2,025.00 0.00
Total Pays:2,025.00 0.00
Deductions Amount
Employee Taxes Amount Taxable Amt
FEDM Federal Income Tax - Married 445.50 2,025.00
MNM MN State Income Tax - Married 126.56 2,025.00
SS-E Social Security 125.55 2,025.00
MD-E Medicare 29.36 2,025.00
PLEE Minnesota Paid Leave - EE 8.20 2,025.00
735.17Employee Tax Total:
Employer Taxes Amount Taxable Amt
SS-R Social Security 125.55 2,025.00
MD-R Medicare 29.36 2,025.00
SUTA State Unemployment Tax 0.00 2,025.00
PLER Minnesota Paid Leave - ER 8.20 2,025.00
163.11Employer Tax Total:
Taxes By Type Amount Taxable AmtState
FEDERAL INCOME 445.50 2,025.00
SOCIAL SECURITY 251.10 2,025.00
Medicare 58.72 2,025.00
STATE INCOME MN 126.56 2,025.00
State Unemployment Tax MN 0.00 2,025.00
MISCELLANEOUS 16.40 4,050.00
898.28Tax Total:
/pro/rpttemplate/acct/2.65.1/pl/PL_CHK_REG_TOTALS.xml.rpt KGreenberg25252033
Payroll/Labor
Check Register Totals
Page: 208/05/2026 8:26:57 am
Elk River Municipal Utilities
07/14/2026 To 07/14/2026
Rev: 202303050330
Net Pay:
1,289.83
0.00
1,289.83
Total Deposit Amount:
Total Check Amount:
Total Employees:
Total Checks:
Total Direct Deposits:0
1
1
/pro/rpttemplate/acct/2.65.1/pl/PL_CHK_REG_TOTALS.xml.rpt KGreenberg25252034
Payroll/Labor
Check Register Totals
Page: 108/05/2026 8:25:51 am
Elk River Municipal Utilities
07/17/2026 To 07/17/2026
Rev: 202303050330
Pays Job Amount Hours
Gross Pay
168,156.78 3,072.502Reg Hours
2,596.16 37.503Overtime
753.12 6.004Double Time
3,023.76 56.005On-Call/Stand-by
68.16 0.0024FLSA
108.43 2.5025Rest Time
2,810.48 43.0010Bonus Pay
0.00 0.0018Commissioner Reimb - Electric
680.00 0.00104Commission Stipend
0.00 0.00105Perf. Metr. Distr.
21,672.26 341.50VACVacation Pay
5,178.95 84.50SICKSick Pay
21,316.31 368.00HOLHoliday Pay
0.00 0.0078Retro Earnings
378.30 4.005-2 On-Call/Stand-by/OT
0.00 0.0018ACommissioner Reimb. - Water
0.00 0.0010-3 Bonus Pay Overtime
261.44 2.0010-4 Bonus Pay Double Time
0.00 0.00104ACommission Stipend - Water
811.33 12.00PTOYPersonal Day - Year
140.20 1.503COvertime-Comp Time
0.00 0.004CDouble Time-Comp Time
-140.20 -1.50CM3COvertime-Comp Time Adjusted
0.00 0.00CM4CDouble Time-Comp Time Adjusted
1,916.49 37.25COMPComp Time Taken
0.00 0.00106Longevity Pay
0.00 0.00MILMilitary Pay - Calendar Year
Gross Pay Total:229,731.97 4,066.75
Total Pays:229,731.97 4,066.75
/pro/rpttemplate/acct/2.65.1/pl/PL_CHK_REG_TOTALS.xml.rpt KGreenberg25252035
Payroll/Labor
Check Register Totals
Page: 108/05/2026 8:26:21 am
Elk River Municipal Utilities
07/31/2026 To 07/31/2026
Rev: 202303050330
Pays Job Amount Hours
Gross Pay
191,335.67 3,498.502Reg Hours
3,582.45 56.253Overtime
500.92 4.004Double Time
3,150.56 56.005On-Call/Stand-by
84.79 0.0024FLSA
77.72 2.0025Rest Time
0.00 0.0010Bonus Pay
0.00 0.0018Commissioner Reimb - Electric
136.00 0.00104Commission Stipend
0.00 0.00105Perf. Metr. Distr.
27,601.04 425.56VACVacation Pay
3,597.59 65.94SICKSick Pay
0.00 0.00HOLHoliday Pay
0.00 0.0078Retro Earnings
520.16 5.505-2 On-Call/Stand-by/OT
0.00 0.0018ACommissioner Reimb. - Water
0.00 0.0010-3 Bonus Pay Overtime
0.00 0.0010-4 Bonus Pay Double Time
34.00 0.00104ACommission Stipend - Water
310.88 8.00PTOYPersonal Day - Year
636.17 8.503COvertime-Comp Time
0.00 0.004CDouble Time-Comp Time
-636.17 -8.50CM3COvertime-Comp Time Adjusted
0.00 0.00CM4CDouble Time-Comp Time Adjusted
929.67 17.00COMPComp Time Taken
0.00 0.00106Longevity Pay
0.00 0.00MILMilitary Pay - Calendar Year
Gross Pay Total:231,861.45 4,138.75
Total Pays:231,861.45 4,138.75
/pro/rpttemplate/acct/2.65.1/pl/PL_CHK_REG_TOTALS.xml.rpt KGreenberg25252036
Page 108/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 1 - GENERAL FUND
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
WIRE23937/6/26 FISERV5655 CC FEES - JUNE 2026 2,271.78
CC FEES - JUNE 2026 567.94
CC FEES - JUNE 2026 721.52
CC FEES - JUNE 2026 180.38
CC FEES - JUNE 2026 2,976.38
CC FEES - JUNE 2026 744.10
CC FEES - JUNE 2026 60.22
CC FEES - JUNE 2026 15.06
CC FEES - JUNE 2026 754.10
CC FEES - JUNE 2026 188.52
CC FEES - JUNE 2026 2,331.51
CC FEES - JUNE 2026 582.88
Total for Check/Tran - 2393:11,394.39
Total for Bank Account - 1 :(1)11,394.39
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt252037
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
WIRE52977/2/26 CASEY'S BUSINESS MASTERCARD849 CASEY'S 17.18
WIRE52987/6/26 AMERICAN EXPRESS1008 AMERICAN EXPRESS 182.47
AMERICAN EXPRESS 30.95
Total for Check/Tran - 5298:213.42
WIRE52997/7/26 IRS - USA TAX PMT (ELECTRONIC)152 PAYROLL TAXES - FEDERAL & FICA 20,617.71
PAYROLL TAXES - FEDERAL & FICA 28,724.86
PAYROLL TAXES - FEDERAL & FICA 3,788.72
PAYROLL TAXES - FEDERAL & FICA 5,638.06
Total for Check/Tran - 5299:58,769.35
WIRE53007/8/26 PERA (ELECTRONIC)153 PERA EMPLOYEE CONTRIBUTION 12,408.96
PERA CONTRIBUTIONS 14,318.05
PERA EMPLOYEE CONTRIBUTION 2,398.00
PERA CONTRIBUTIONS 2,766.93
Total for Check/Tran - 5300:31,891.94
WIRE53017/8/26 VOYA INSTITUTIONAL TRUST COMPAN160HCSP EMPLOYEE CONTRIBUTIONS 2,788.19
HCSP EMPLOYEE CONTRIBUTIONS 450.54
Total for Check/Tran - 5301:3,238.73
WIRE53027/8/26 VOYA INSTITUTIONAL TRUST COMPAN161MNDCP EE MANAGER CONTRIBUTIONS 368.37
MNDCP EMPLOYEE CONTRIBUTIONS 4,175.64
MNDCP EMPLOYER CONTRIBUTION 1,497.48
MNDCP EMPLOYER MGR CONTRIBUTION 619.58
MNDCP EE ROTH CONTRIBUTIONS 1,863.40
MNDCP EE ROTH MGR CONTRIBUTIONS 251.21
MNDCP EE MANAGER CONTRIBUTIONS 51.74
MNDCP EMPLOYEE CONTRIBUTIONS 334.12
MNDCP EMPLOYER CONTRIBUTION 280.22
MNDCP EMPLOYER MGR CONTRIBUTION 85.48
MNDCP EE ROTH CONTRIBUTIONS 404.54
MNDCP EE ROTH MGR CONTRIBUTIONS 33.74
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt252038
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 5302:9,965.52
WIRE53037/8/26 JOHN HANCOCK285 W&A EMPLOYER CONTRIBUTION 156.93
W&A MANAGER CONTRIBUTION 436.88
WENZEL EMPLOYEE CONTRIBUTIONS 1,643.03
WENZEL MANAGER CONTRIBUTIONS 136.43
DEF COMP ROTH CONTRIBUTIONS W&A 1,025.14
WENZEL EE ROTH MGR CONTRIBUTIONS 300.45
W&A EMPLOYER CONTRIBUTION 39.23
W&A MANAGER CONTRIBUTION 67.50
WENZEL EMPLOYEE CONTRIBUTIONS 154.21
WENZEL MANAGER CONTRIBUTIONS 34.11
DEF COMP ROTH CONTRIBUTIONS W&A 347.64
WENZEL EE ROTH MGR CONTRIBUTIONS 33.39
Total for Check/Tran - 5303:4,374.94
WIRE53047/8/26 MINNESOTA CHILD SUPPORT PAYMEN598 CHILD SUPPORT 304.10
WIRE53067/9/26 MINNESOTA REVENUE (ELECTRONIC)154 PAYROLL TAXES - STATE 9,230.72
PAYROLL TAXES - STATE 1,747.66
Total for Check/Tran - 5306:10,978.38
WIRE53077/9/26 HEALTHEQUITY, INC738 HSA EMPLOYEE CONTRIBUTION 3,226.20
HSA EMPLOYEE CONTRIBUTION 590.24
Total for Check/Tran - 5307:3,816.44
WIRE53087/8/26 ONLINE UTILITY EXCHANGE (ELECTR166 UTILITY EXCHANGE REPORT - JUNE 2026 464.64
UTILITY EXCHANGE REPORT - JUNE 2026 116.16
Total for Check/Tran - 5308:580.80
WIRE53097/9/26 HEALTHEQUITY, INC738 FSA CLAIM REIMBURSEMENTS - 164 222.22
FSA CLAIM REIMBURSEMENTS - 164 55.55
Total for Check/Tran - 5309:277.77
WIRE53107/8/26 HEALTHEQUITY, INC738 ADMINISTRATIVE FEE INVOICE - JULY 2026 132.90
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt252039
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
ADMINISTRATIVE FEE INVOICE - JULY 2026 26.10
Total for Check/Tran - 5310:159.00
WIRE53117/10/26 TRACTOR SUPPLY CREDIT PLAN4532 TRACTOR SUPPLY 14.14
TRACTOR SUPPLY 2.02
Total for Check/Tran - 5311:16.16
WIRE53127/10/26 MARCO TECHNOLOGIES, LLC8605 COPIER CONTRACT - 6/15 to 715/26 181.23
COPIER CONTRACT - 6/15 to 715/26 45.30
Total for Check/Tran - 5312:226.53
WIRE53137/13/26 CHARTER COMMUNICATIONS549 OFFICE TELEPHONE & CABLE 217.09
OFFICE TELEPHONE & CABLE 54.27
Total for Check/Tran - 5313:271.36
WIRE53147/13/26 HEALTHEQUITY, INC738 ER HSA CONTRIBUTION - 206 1,938.00
ER HSA CONTRIBUTION - 206 484.50
Total for Check/Tran - 5314:2,422.50
WIRE53157/10/26 MEDICA8708 MEDICAL EE INSURANCE - JULY 2026 11,402.60
MEDICAL ER INSURANCE - JULY 2026 62,337.80
MEDICAL COBRA INSURANCE - JULY 2026 1,374.88
MEDICAL EE INSURANCE - JULY 2026 2,655.40
MEDICAL ER INSURANCE - JULY 2026 15,469.63
Total for Check/Tran - 5315:93,240.31
WIRE53167/15/26 IRS - USA TAX PMT (ELECTRONIC)152 PAYROLL TAXES - FEDERAL & FICA 356.40
PAYROLL TAXES - FEDERAL & FICA 247.86
PAYROLL TAXES - FEDERAL & FICA 89.10
PAYROLL TAXES - FEDERAL & FICA 61.96
Total for Check/Tran - 5316:755.32
WIRE53177/15/26 LEAGUE OF MN CITIES INS TRUST48 LIABILITY INSURANCE - 2027 QTR 1 19,307.60
LIABILITY INSURANCE - 2027 QTR 1 6,715.40
Total for Check/Tran - 5317:26,023.00
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520310
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
WIRE53197/16/26 MINNESOTA REVENUE (ELECTRONIC)154 PAYROLL TAXES - STATE 101.25
PAYROLL TAXES - STATE 25.31
Total for Check/Tran - 5319:126.56
WIRE53207/14/26 CARDMEMBER SERVICE9654 FIRST NATIONAL BANK VISA 6,550.10
FIRST NATIONAL BANK VISA 654.39
Total for Check/Tran - 5320:7,204.49
WIRE53247/20/26 PERA (ELECTRONIC)153 PERA EMPLOYEE CONTRIBUTION 11,806.17
PERA CONTRIBUTIONS 13,622.54
PERA EMPLOYEE CONTRIBUTION 2,435.09
PERA CONTRIBUTIONS 2,809.69
Total for Check/Tran - 5324:30,673.49
WIRE53257/20/26 VOYA INSTITUTIONAL TRUST COMPAN160HCSP EMPLOYEE CONTRIBUTIONS 2,644.07
HCSP EMPLOYEE CONTRIBUTIONS 457.50
Total for Check/Tran - 5325:3,101.57
WIRE53267/20/26 VOYA INSTITUTIONAL TRUST COMPAN161MNDCP EE MANAGER CONTRIBUTIONS 368.37
MNDCP EMPLOYEE CONTRIBUTIONS 4,208.23
MNDCP EMPLOYER CONTRIBUTION 1,575.14
MNDCP EMPLOYER MGR CONTRIBUTION 619.54
MNDCP EE ROTH CONTRIBUTIONS 1,891.40
MNDCP EE ROTH MGR CONTRIBUTIONS 251.17
MNDCP EE MANAGER CONTRIBUTIONS 51.74
MNDCP EMPLOYEE CONTRIBUTIONS 366.53
MNDCP EMPLOYER CONTRIBUTION 302.56
MNDCP EMPLOYER MGR CONTRIBUTION 85.52
MNDCP EE ROTH CONTRIBUTIONS 411.54
MNDCP EE ROTH MGR CONTRIBUTIONS 33.78
Total for Check/Tran - 5326:10,165.52
WIRE53277/20/26 JOHN HANCOCK285 W&A EMPLOYER CONTRIBUTION 156.96
W&A MANAGER CONTRIBUTION 436.89
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520311
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
WENZEL EMPLOYEE CONTRIBUTIONS 1,643.74
WENZEL MANAGER CONTRIBUTIONS 136.43
DEF COMP ROTH CONTRIBUTIONS W&A 1,025.00
WENZEL EE ROTH MGR CONTRIBUTIONS 300.46
W&A EMPLOYER CONTRIBUTION 39.20
W&A MANAGER CONTRIBUTION 67.49
WENZEL EMPLOYEE CONTRIBUTIONS 654.19
WENZEL MANAGER CONTRIBUTIONS 34.11
DEF COMP ROTH CONTRIBUTIONS W&A 70.00
WENZEL EE ROTH MGR CONTRIBUTIONS 33.38
Total for Check/Tran - 5327:4,597.85
WIRE53287/20/26 MINNESOTA CHILD SUPPORT PAYMEN598 CHILD SUPPORT 304.10
WIRE53297/20/26 HEALTHEQUITY, INC738 HSA EMPLOYEE CONTRIBUTION 3,221.44
HSA EMPLOYEE CONTRIBUTION 595.00
Total for Check/Tran - 5329:3,816.44
WIRE53307/21/26 REPUBLIC SERVICES, INC574 TRASH & RECYCLING SERVICE - JUNE 2026 1,545.12
TRASH & RECYCLING SERVICE - JUNE 2026 220.73
Total for Check/Tran - 5330:1,765.85
WIRE53317/21/26 REPUBLIC SERVICES, INC574 TRASH & RECYCLING SERVICE - JUNE 2026 549.10
TRASH & RECYCLING SERVICE - JUNE 2026 87.44
TRASH & RECYCLING SERVICE - JUNE 2026 12.49
Total for Check/Tran - 5331:649.03
WIRE53327/22/26 IRS - USA TAX PMT (ELECTRONIC)152 PAYROLL TAXES - FEDERAL & FICA 19,002.01
PAYROLL TAXES - FEDERAL & FICA 27,301.56
PAYROLL TAXES - FEDERAL & FICA 3,771.17
PAYROLL TAXES - FEDERAL & FICA 5,702.06
Total for Check/Tran - 5332:55,776.80
WIRE53347/23/26 HEALTHEQUITY, INC738 FSA CLAIM REIMBURSEMENTS - 164 222.22
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520312
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
FSA CLAIM REIMBURSEMENTS - 164 55.55
Total for Check/Tran - 5334:277.77
WIRE53357/23/26 MINNESOTA REVENUE (ELECTRONIC)154 PAYROLL TAXES - STATE 8,713.93
PAYROLL TAXES - STATE 1,752.21
Total for Check/Tran - 5335:10,466.14
WIRE53367/21/26 MINNESOTA REVENUE SALES TX (ELE174 SALES AND USE TAX - JUNE 2026 278,556.09
SALES AND USE TAX - JUNE 2026 -1.36
SALES AND USE TAX - JUNE 2026 7,129.27
Total for Check/Tran - 5336:285,684.00
WIRE53387/31/26 EHLERS & ASSOCIATES, INC.4926 WATER REV BOND 2021C 70,000.00
WATER REV BOND 2021C 18,300.00
Total for Check/Tran - 5338:88,300.00
WIRE53397/31/26 EHLERS & ASSOCIATES, INC.4926 ELEC REV BOND 2016A 76,337.50
WIRE53407/31/26 EHLERS & ASSOCIATES, INC.4926 ELEC REV BOND 2018A 235,000.00
ELEC REV BOND 2018A 164,253.13
Total for Check/Tran - 5340:399,253.13
WIRE53417/31/26 EHLERS & ASSOCIATES, INC.4926 ELEC REV BOND 2021B 275,000.00
ELEC REV BOND 2021B 143,987.50
Total for Check/Tran - 5341:418,987.50
DD240107/1/26 ELK RIVER MUNICIPAL UTILITIES23 CYCLE 2 - ACCT 41038 - MAY 2026 97.73
CYCLE 2 - ACCT 41038 - MAY 2026 5.14
CYCLE 2 - INV GRP 436 - MAY 2026 3,834.12
Total for Check/Tran - 24010:3,936.99
DD240117/1/26 FASTENAL COMPANY671 DRILL BITS 56.12
DD240127/1/26 JENNY FOSS626 Mileage 171.68
Mileage 42.92
Total for Check/Tran - 24012:214.60
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520313
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
DD240137/1/26 GARAGE DOOR STORE404 ANNUAL INSPECTION - GARY ST TOWER -2.36
ANNUAL INSPECTION - GARY ST TOWER 202.36
ANNUAL INSPECTION - JOHNSON TOWER -2.36
ANNUAL INSPECTION - JOHNSON TOWER 74.86
ANNUAL INSPECTION - W SUB STORAGE -2.24
ANNUAL INSPECTION - W SUB STORAGE 192.24
ANNUAL INSPECTION - W SUB STORAGE -0.12
ANNUAL INSPECTION - W SUB STORAGE 10.12
GARAGE DOOR REPAIR - FSB -313.94
GARAGE DOOR REPAIR - FSB 6,028.57
GARAGE DOOR REPAIR - FSB -44.85
GARAGE DOOR REPAIR - FSB 861.22
Total for Check/Tran - 24013:7,003.50
DD240147/1/26 JT SERVICES OF MINNESOTA8083 Driver 315.91
DD240167/1/26 ROYAL SUPPLY INC603 CLEANING SUPPLIES 177.34
CLEANING SUPPLIES 44.34
TOWEL DISPENSER 40.60
TOWEL DISPENSER 5.79
Total for Check/Tran - 24016:268.07
DD240177/1/26 SIEMENS ENERGY, INC747 East Sub Station 96,700.00
DD240187/1/26 TRIHEDRAL, INC851 SCADA 29,595.00
DD240197/1/26 WATSON COMPANY3535 CANDY FOR PARADE, ETC 644.62
DD240207/9/26 MICHAEL ATWOOD665 Isle water training & test 57.57
DD240217/9/26 ELK RIVER MUNICIPAL UTILITIES23 CYCLE 3 - INV GRP 395 - MAY 2026 15,892.61
DD240227/9/26 FRONTIER ENERGY, INC664 CIP PROFESSIONAL SERVICES - MAY 2026 11,753.93
DD240237/9/26 HAWKINS, INC.809 CHLORINE CYLINDER RENTAL 100.00
Water Chemicals 1,071.15
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520314
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 24023:1,171.15
DD240247/9/26 INNOVATIVE OFFICE SOLUTIONS LLC6836 OFFICE SUPPLIES 76.44
OFFICE SUPPLIES 19.11
Total for Check/Tran - 24024:95.55
DD240257/9/26 LEIDOS ENGINEERING, LLC412 GATEWAY PERMITS 9,200.00
DD240267/9/26 LOCATORS & SUPPLIES INC.417 SAFETY GLASSES 157.19
SAFETY GLASSES 39.29
Total for Check/Tran - 24026:196.48
DD240277/9/26 MARILU INC828 CARPET & MONTHLY CLEANING - JUNE 2026 4,319.04
CARPET & MONTHLY CLEANING - JUNE 2026 617.00
Total for Check/Tran - 24027:4,936.04
DD240287/9/26 METRO SALES, INC330 COPIER MTC CONTRACT - 5/21 to 6/20/26 166.95
COPIER MTC CONTRACT - 5/21 to 6/20/26 41.74
Total for Check/Tran - 24028:208.69
DD240297/9/26 MINNESOTA MUNICIPAL POWER AGEN1001 PURCHASED POWER - JUNE 2026 2,596,121.35
PURCHASED POWER - JUNE 2026 765,040.07
Total for Check/Tran - 24029:3,361,161.42
DD240307/9/26 MMUA39 SUMMER CONF - 9 20 150 151 164 186 8.26 2,750.00
SUMMER CONF - 9 20 150 151 164 186 8.26 550.00
MMUA SUMMER CONF GOLF OUTING - 9 8.26 110.00
Total for Check/Tran - 24030:3,410.00
DD240317/9/26 RALPHIE'S8897 RALPHIE'S 28.98
RALPHIE'S 57.96
Total for Check/Tran - 24031:86.94
DD240877/17/26 STUART C. IRBY CO.6107 Black Tape 1,456.31
COVERS 1,112.58
PEDESTALS -2,568.89
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520315
Page 1008/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 24087:0.00
DD240887/17/26 CITY OF ELK RIVER11 TRASH BILLED - JUNE 2026 176,572.04
DD240897/17/26 BEAUDRY OIL COMPANY6 DIESEL 3,229.47
UNLEADED FUEL 2,295.89
Total for Check/Tran - 24089:5,525.36
DD240907/17/26 BORDER STATES ELECTRIC SUPPLY9 Mtce of OH Primary 81.50
Mtce of URD Primary 351.50
Mtce of URD Primary 341.97
CONDUIT 833.49
INSERT FEED THRU 3,062.20
Mtce of OH Primary 419.17
Rolled Pipe 321.75
MISC PARTS & SUPPLIES -23.49
Total for Check/Tran - 24090:5,388.09
DD240917/17/26 CITY OF ELK RIVER11 FUEL USAGE - MAY 2026 1,570.33
FUEL USAGE - MAY 2026 1,269.01
PARTS & LABOR FOR UNIT #5 -9.90
PARTS & LABOR FOR UNIT #5 395.56
DOT INSPECTION - UNIT #5 195.00
PARTS & LABOR FOR UNIT #3 -2.88
PARTS & LABOR FOR UNIT #3 234.59
PARTS & LABOR FOR UNIT #4 -13.74
PARTS & LABOR FOR UNIT #4 415.78
PARTS & LABOR FOR UNIT #6 -1.60
PARTS & LABOR FOR UNIT #6 281.94
PARTS & LABOR FOR UNIT #32 -1.21
PARTS & LABOR FOR UNIT #32 78.32
PARTS & LABOR FOR UNIT #32 -0.06
PARTS & LABOR FOR UNIT #32 4.12
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520316
Page 1108/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 24091:4,415.26
DD240927/17/26 JOHN J DIETZ3599 APPA NAT'L CONF EXPENSES - 20 1,237.59
DD240937/17/26 ELK RIVER MUNICIPAL UTILITIES23 CYCLE 4 - INV GRP 396 - JUNE 2026 279.02
DD240947/17/26 GARAGE DOOR STORE404 ANNUAL INSPECTION -2.06
ANNUAL INSPECTION 883.62
ANNUAL INSPECTION -0.30
ANNUAL INSPECTION 126.24
Total for Check/Tran - 24094:1,007.50
DD240957/17/26 KATHY A GREENBERG8469 NORTHSTAR MTG MILEAGE - 144 55.70
NORTHSTAR MTG MILEAGE - 144 13.92
Total for Check/Tran - 24095:69.62
DD240967/17/26 HAWKINS, INC.809 Water Chemicals 1,327.53
DD240977/17/26 NORTHERN TOOL43 PARTS - UNIT #50 217.54
DD240987/17/26 RESCO130 Transformers 75,893.00
Transformers 2,617.00
Discount -39.26
Total for Check/Tran - 24098:78,470.74
DD240997/17/26 ROYAL SUPPLY INC603 KLEENEX 178.64
KLEENEX 44.66
Total for Check/Tran - 24099:223.30
DD241007/17/26 SAUBER MFG. CO411 CRANK HANDLE - UNIT #51 -4.63
CRANK HANDLE - UNIT #51 63.54
Total for Check/Tran - 24100:58.91
DD241017/17/26 WATER LABORATORIES INC135 WATER TESTING - JUNE 2026 399.00
DD241027/22/26 CAMPBELL KNUTSON8843 LEGAL SERVICES - JUNE 2026 1,480.80
LEGAL SERVICES - JUNE 2026 370.20
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520317
Page 1208/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 24102:1,851.00
DD241037/22/26 CITY OF ELK RIVER11 FRANCHISE FEE - JUNE 2026 251,308.02
FRANCHISE FEE - JUNE 2026 WRITE-OFF -46.84
REVENUE TRANSFER - JUNE 2026 183,292.49
REVENUE TRANSFER - JUNE 2026 7,015.08
SEWER BILLED - JUNE 2026 251,004.58
STORMWATER BILLED - JUNE 2026 59,191.67
Total for Check/Tran - 24103:751,765.00
DD241047/22/26 CRC7448 CUSTOMER SERVICE AFTER HOURS-JUNE 2026 3,712.73
CUSTOMER SERVICE AFTER HOURS-JUNE 2026 928.18
Total for Check/Tran - 24104:4,640.91
DD241057/22/26 GOPHER STATE ONE-CALL91 LOCATES FOR - JUNE 2026 745.13
LOCATES FOR - JUNE 2026 39.22
Total for Check/Tran - 24105:784.35
DD241067/22/26 JT SERVICES OF MINNESOTA8083 Bee Booper 141.75
SWITCHGEAR 28,835.00
Total for Check/Tran - 24106:28,976.75
DD241077/22/26 LANO EQUIPMENT, INC444 PARTS FOR UNIT #73 776.67
DD241087/22/26 MARILU INC828 FSB WINDOW CLEANING 1,371.50
FSB WINDOW CLEANING 195.92
Total for Check/Tran - 24108:1,567.42
DD241097/22/26 MMUA39 2026 Q3 JTS & SAFETY TRAINING 2,565.00
2026 Q3 SAFETY TRAINING 10,516.00
2026 Q3 SAFETY TRAINING 2,629.00
Total for Check/Tran - 24109:15,710.00
DD241107/22/26 NISC9300 MISC INVOICE - JUNE 2026 720.46
MISC INVOICE - JUNE 2026 1,741.14
MISC INVOICE - JUNE 2026 180.11
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520318
Page 1308/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
MISC INVOICE - JUNE 2026 435.28
AGREEMENTS INVOICE - JUNE 2026 53.94
AGREEMENTS INVOICE - JUNE 2026 794.12
AGREEMENTS INVOICE - JUNE 2026 11,789.08
AGREEMENTS INVOICE - JUNE 2026 260.00
AGREEMENTS INVOICE - JUNE 2026 340.33
AGREEMENTS INVOICE - JUNE 2026 2,660.22
AGREEMENTS INVOICE - JUNE 2026 65.00
PRINT SERVICES - JUNE 2026 8,252.50
PRINT SERVICES - JUNE 2026 2,615.91
Total for Check/Tran - 24110:29,908.09
CHK910637/1/26 ALTERNATIVE BUSINESS FURNITURE, I5342Office Furniture 1,114.15
Office Furniture 159.17
Total for Check/Tran - 91063:1,273.32
CHK910647/1/26 AMARIL UNIFORM COMPANY2512 EMPLOYEE CLOTHING - 206 295.59
EMPLOYEE CLOTHING - 206 73.90
Total for Check/Tran - 91064:369.49
CHK910657/1/26 CINTAS28 MATS & TOWELS 529.75
MATS & TOWELS 75.67
MATS & TOWELS 529.75
MATS & TOWELS 75.67
Total for Check/Tran - 91065:1,210.84
CHK910667/1/26 CORE & MAIN LP54 Smart Point 221.75
CHK910677/1/26 DRIVER & VEHICLE SERVICES5249 CRASH REPORT 5.00
CHK910687/1/26 ELEVATION COATING, LLC5684 SECURE HATCH - GARY ST TOWER 1,000.00
CHK910697/1/26 FERGUSON WATERWORKS #25168247 MISC PARTS & SUPPLIES 1,272.19
MISC PARTS & SUPPLIES -150.37
PACER #30 CROSSARM BRZ 171.55
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520319
Page 1408/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
PACER #34 UPPER VLV WSHR BRZ 343.10
PACER #85 SUPP TUBE 272.87
CLAMP 542.49
CLAMP -39.59
Total for Check/Tran - 91069:2,412.24
CHK910707/1/26 FS3 INC.8949 PARTS FOR UNIT #56 990.80
CHK910717/1/26 GREAT RIVER ENERGY53 BATTERY BANK TESTING 595.50
CHK910727/1/26 MARCO TECHNOLOGIES, LLC8605 CLOUD RECOVERY ACCT USAGE - MAY 2026 2.47
CLOUD RECOVERY ACCT USAGE - MAY 2026 0.62
ACE PROGRAM - 5/29 to 6/28/26 1,479.16
ACE PROGRAM - 5/29 to 6/28/26 369.79
Total for Check/Tran - 91072:1,852.04
CHK910737/1/26 MENARDS145 SPRAY PAINT 28.61
SPRAY PAINT 1.51
BRASS PARTS 13.25
MISC PARTS - WELL #3 69.15
Total for Check/Tran - 91073:112.52
CHK910747/1/26 NAPA AUTO PARTS120 BIT ADAPTER - UNIT #13 12.93
CHK910757/1/26 PLUNKETT'S PEST CONTROL, INC22 MOUSE EXTERMINATION 117.99
MOUSE EXTERMINATION 16.85
Total for Check/Tran - 91075:134.84
CHK910767/1/26 SHORT ELLIOTT HENDRICKSON INC159 AWIA RRA & ERP - MAY 2026 2,361.00
CHK910777/1/26 SIEMENS ENERGY, INC747 East Sub Station 19,763.26
CHK910787/1/26 ST LOUIS MRO, INC463 PRE-EMPLOYMENT DRUG SCREENING - 205 25.00
CHK910797/1/26 SUMMIT AR822 COMMISSIONS DUE COLLECTION AGENCY 18.29
CHK910807/1/26 TOWN SQUARE PUBLICATIONS820 ER COMMUNITY GUIDE AD 632.00
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520320
Page 1508/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
ER COMMUNITY GUIDE AD 158.00
Total for Check/Tran - 91080:790.00
CHK910817/1/26 ULINE209 IT BINS 330.16
IT BINS 82.55
Total for Check/Tran - 91081:412.71
CHK910827/9/26 ROSE ALEXANDER9997 INACTIVE REFUND 502.89
CHK910837/9/26 ALTERNATIVE TECHNOLOGIES, INC522 GAS ANALYSIS 264.00
OIL TESTING 77.00
Total for Check/Tran - 91083:341.00
CHK910847/9/26 SUZANNE ANDERSON9997 INACTIVE REFUND 313.40
CHK910857/9/26 AT & T MOBILITY4531 CELL PHONES & iPAD BILLING 41.07
CELL PHONES & iPAD BILLING 2,629.30
CELL PHONES & iPAD BILLING 17.60
CELL PHONES & iPAD BILLING 700.79
Total for Check/Tran - 91085:3,388.76
CHK910867/9/26 FAYE BECK9997 INACTIVE REFUND 106.67
CHK910877/9/26 JAYSON BERG9997 INACTIVE REFUND 14.41
CHK910887/9/26 ALIX BLIX9997 INACTIVE REFUND 17.99
CHK910897/9/26 BLUE CROSS BLUE SHIELD OF MINNES5224 VISION INSURANCE - AUG 2026 334.45
VISION INSURANCE - AUG 2026 95.17
Total for Check/Tran - 91089:429.62
CHK910907/9/26 ALEX BRAY9997 INACTIVE REFUND 50.53
CHK910917/9/26 JENNA CASKEY9997 INACTIVE REFUND 61.69
CHK910927/9/26 FRANCIS CASSADY9997 INACTIVE REFUND 133.60
CHK910937/9/26 CASSANDRA CHRISTENSEN9997 INACTIVE REFUND 131.64
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520321
Page 1608/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK910947/9/26 ROBERT CHRISTNER9997 INACTIVE REFUND 253.77
CHK910957/9/26 DEGREEFF PROPERTIES LLC III9997 INACTIVE REFUND 141.87
CHK910967/9/26 DEM-CON COMPANIES, LLC723 DUMPSTER 405.00
CHK910977/9/26 IAN DOROSH9997 INACTIVE REFUND 79.78
CHK910987/9/26 FS3 INC.8949 MISC PARTS & SUPPLIES 6,583.59
FIBER OPTIC W/ TERMINALS 236.60
Total for Check/Tran - 91098:6,820.19
CHK910997/9/26 GOOD SHEPHERD LUTHERAN HIGH SC9997 INACTIVE REFUND 136.28
CHK911007/9/26 CODY HALL9997 INACTIVE REFUND 187.67
CHK911017/9/26 JESSE HARTUNG9997 INACTIVE REFUND 27.09
CHK911027/9/26 LYNN HEDRICK9997 INACTIVE REFUND 200.49
CHK911037/9/26 HPA JV BORROWER 2019-1 ML LLC9997 INACTIVE REFUND 118.04
CHK911047/9/26 HUBBARD ELECTRIC5341 SWAP OH TO URD - 14324 191ST 700.11
SWAP OH TO URD - 14324 191ST -23.66
SWAO OH TO URD - 19227 XERXES 702.08
SWAO OH TO URD - 19227 XERXES -23.80
SWAP OH TO URD - 19205 XERXES 718.79
SWAP OH TO URD - 19205 XERXES -25.03
Total for Check/Tran - 91104:2,048.49
CHK911057/9/26 IDEAL SERVICE, INC.9301 Maintenance 680.00
CHK911067/9/26 MADISYN IVES9997 INACTIVE REFUND 68.61
CHK911077/9/26 J & J SUPPLIES LLC9997 INACTIVE REFUND 409.56
CHK911087/9/26 REBECCA KAMROWSKI9997 INACTIVE REFUND 55.24
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520322
Page 1708/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK911097/9/26 CRISTINA LARSON9997 INACTIVE REFUND 21.13
CHK911107/9/26 LEWIS CUSTOM HOMES, INC9997 Credit Balance Refund 214.40
CHK911117/9/26 MARY LUNDEEN9997 INACTIVE REFUND 39.13
CHK911127/9/26 MENARDS145 CRACK FILLER 5.91
MISC PARTS 0 UNIT #8 & 31 35.54
MISC PARTS & SUPPLIES 16.83
CONTRACTOR BAGS 14.23
CONTRACTOR BAGS 3.56
MISC PARTS & SUPPLIES 18.28
Total for Check/Tran - 91112:94.35
CHK911137/9/26 MOBILE VEHICLE INTEGRATION8796 SWAP & INSTALL RADIO - UNIT #5 -4.69
SWAP & INSTALL RADIO - UNIT #5 564.19
Total for Check/Tran - 91113:559.50
CHK911147/9/26 ANDREA MOHS9997 INACTIVE REFUND 60.33
CHK911167/9/26 MONICA NATHE9997 INACTIVE REFUND 61.10
CHK911177/9/26 NATIONAL ENERGY FOUNDATION705 2026 ENERGY EDUCATION PROGRAM 2 OF 2 9,442.00
CHK911187/9/26 JOE PEYER9997 INACTIVE REFUND 229.17
CHK911197/9/26 PRINCETON RENTAL INC630 CORE DRILL RENTAL 140.12
CHK911207/9/26 RDO EQUIPMENT CO.3218 PARTS FOR UNIT #50 -45.57
PARTS FOR UNIT #50 580.05
Total for Check/Tran - 91120:534.48
CHK911217/9/26 ANDREW REYNOLDS9997 INACTIVE REFUND 208.48
CHK911227/9/26 DAWSON SCHAFER9997 INACTIVE REFUND 52.01
CHK911237/9/26 SFR 2025-2 BORROWER LLC9997 INACTIVE REFUND 223.64
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520323
Page 1808/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK911247/9/26 STEADFAST DESIGN CONSTRUCTION9997 INACTIVE REFUND 253.02
CHK911257/9/26 STUART C. IRBY CO.6107 COVER TESTING -20.37
COVER TESTING 2,670.25
Total for Check/Tran - 91125:2,649.88
CHK911267/9/26 THE SHERWIN-WILLIAMS CO.2560 Water Chemicals 158.47
CHK911277/9/26 THE UPS STORE 50933360 PACKING MAT'L & SHIPPING 60.24
SHIPPING & MATERIALS 23.56
SHIPPING 98.40
SHIPPING 16.68
Total for Check/Tran - 91127:198.88
CHK911287/9/26 NICK THESING9997 INACTIVE REFUND 135.83
CHK911297/9/26 UC LABORATORY222 PHOSPHORUS SAMPLING - JUNE 2026 17.66
CHK911307/9/26 JACOB VANREESE9997 INACTIVE REFUND 86.55
CHK911317/9/26 SHARON WERNER9997 INACTIVE REFUND 256.52
CHK911327/9/26 WESCO RECEIVABLES CORP.55 WIRE 1,050.00
CHK911337/9/26 EMILY WICKLUND9997 INACTIVE REFUND 50.64
CHK911347/9/26 BENJAMIN WOODIS9997 INACTIVE REFUND 128.67
CHK911357/9/26 WRIGHT HENNEPIN COOPERATIVE ELE610SECURITY - 1705 & 1435 MAIN 54.55
SECURITY - 1705 & 1435 MAIN 7.79
SECURITY - MEADOWVALE BOOSTER 1,149.25
Total for Check/Tran - 91135:1,211.59
CHK911367/9/26 ZAHL PETROLEUM9999 Hydrant Deposit Refund 992.91
CHK911377/10/26 MINNESOTA DEPT OF HEALTH16 CLASS D WATER OP EXAM - 194 32.00
CHK911397/17/26 ETHAN ALLEN9997 Credit Balance Refund 127.10
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520324
Page 1908/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK911407/17/26 AMARIL UNIFORM COMPANY2512 Employee Clothing - 194 192.76
CHK911417/17/26 BELL LUMBER & POLE COMPANY, LLC214 POLES 3,135.00
CHK911427/17/26 CAPSTONE HOMES9997 Credit Balance Refund 95.32
CHK911437/17/26 CAPSTONE HOMES9997 Credit Balance Refund 112.54
CHK911447/17/26 CAPSTONE HOMES9997 Credit Balance Refund 139.09
CHK911457/17/26 CENTERPOINT ENERGY3982 NATURAL GAS & IRON REMOVAL 649.32
NATURAL GAS & IRON REMOVAL 200.35
Total for Check/Tran - 91145:849.67
CHK911467/17/26 RUSSELL COONS9997 INACTIVE REFUND 505.74
CHK911477/17/26 MARK DICKINSON9997 INACTIVE REFUND 239.60
CHK911487/17/26 KRISTIE DURKEE9997 INACTIVE REFUND 36.86
CHK911497/17/26 ELK RIVER WINLECTRIC122 CONDUIT 732.80
CONDUIT -17.84
PARTS - WACO BANK #2 213.13
PARTS - WACO BANK #2 36.70
CONDUIT 61.13
CONDUIT -4.46
TEST METER PARTS -1.32
Misc Distribution Exp 18.23
MISC PARTS & SUPPLIES 251.10
Total for Check/Tran - 91149:1,289.47
CHK911507/17/26 FS3 INC.8949 PULLING GRIP - UNIT #56 196.23
CHK911517/17/26 GREATAMERICA FINANCIAL SERVICES730LEASE FOR COPIER AT PLANT 105.01
LEASE FOR COPIER AT PLANT 26.26
Total for Check/Tran - 91151:131.27
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520325
Page 2008/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK911527/17/26 GUARDIAN ANGELS OF ELK RIVER INC9997 Credit Balance Refund 1,805.73
CHK911537/17/26 KRISTI GUTZWILLER9997 INACTIVE REFUND 18.83
CHK911547/17/26 HASSAN SAND & GRAVEL308 TOPSOIL 508.40
CHK911557/17/26 HEALTHPARTNERS631 DENTAL EE INSURANCE - AUG 2026 1,149.43
DENTAL ER INSURANCE - AUG 2026 3,118.76
DENTAL EE INSURANCE - AUG 2026 182.09
DENTAL ER INSURANCE - AUG 2026 875.80
Total for Check/Tran - 91155:5,326.08
CHK911567/17/26 HERITAGE MAPLES SENIOR LIVING CE9997 Credit Balance Refund 102,957.23
CHK911577/17/26 HOME DEPOT CREDIT SERVICES824 HOME DEPOT 302.96
HOME DEPOT 53.34
Total for Check/Tran - 91157:356.30
CHK911587/17/26 JESSE KENT9997 INACTIVE REFUND 197.47
CHK911597/17/26 ROBIN KRAUTBAUER9997 INACTIVE REFUND 341.97
CHK911607/17/26 LAKESTATES CONSTRUCTION9999 Hydrant Rental Deposit Refund 391.97
CHK911617/17/26 SHELBY LENHART9997 INACTIVE REFUND 200.12
CHK911627/17/26 NANCI LIBOR9997 INACTIVE REFUND 53.69
CHK911637/17/26 IVAN MALINSKI9997 INACTIVE REFUND 250.51
CHK911647/17/26 MARCO TECHNOLOGIES, LLC8605 Security 11,779.02
Security 729.42
Security 215.75
Secutity 490.83
Security 2,678.54
Total for Check/Tran - 91164:15,893.56
CHK911657/17/26 MARCO TECHNOLOGIES, LLC8605 PRINTER MTC CONTRACT - 7/1 to 8/1/26 196.66
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520326
Page 2108/05/2026 8:24:18 AM
Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
PRINTER MTC CONTRACT - 7/1 to 8/1/26 49.16
Total for Check/Tran - 91165:245.82
CHK911667/17/26 MENARDS145 PARTS - UNIT #17 40.95
PARTS - UNIT #17 2.16
CLEANER - UNIT #5 21.53
WASTE & RECYCLE BASKETS 14.48
WASTE & RECYCLE BASKETS 3.62
PARTS - NORTH SUBSTATION 14.33
NUTS 3.72
NUTS 1.49
WEDGE ANCHOR 37.73
Total for Check/Tran - 91166:140.01
CHK911677/17/26 MICHELS UTILITY SERVICES, INC520 TRENCHING - MEADOWSWEET BEND 50,986.63
CHK911687/17/26 JORDAN MINKEL9997 INACTIVE REFUND 167.37
CHK911697/17/26 MINNESOTA COMPUTER SYSTEMS INC119 FSB COPIER MTC CONTRACT -6/12 to 7/11/26 111.91
FSB COPIER MTC CONTRACT -6/12 to 7/11/26 27.97
Total for Check/Tran - 91169:139.88
CHK911707/17/26 BETH MOYER9997 INACTIVE REFUND 63.72
CHK911717/17/26 TRAVIS PETRON9997 INACTIVE REFUND 22.82
CHK911727/17/26 PRIME ADVERTISING & DESIGN, INC.811 Marketing 1,500.00
MONTHLY HOSTING OF WEBSITE 60.00
MONTHLY HOSTING OF WEBSITE 60.00
MONTHLY HOSTING OF WEBSITE 30.00
Total for Check/Tran - 91172:1,650.00
CHK911737/17/26 QUADIENT FINANCE USA, INC8606 POSTAGE MACHINE LEASE - 5/6 to 8/5/26 226.66
POSTAGE MACHINE LEASE - 5/6 to 8/5/26 56.66
Total for Check/Tran - 91173:283.32
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520327
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
CHK911747/17/26 RDO EQUIPMENT CO.3218 BATTERY - UNIT #56 30.00
CHK911757/17/26 JON SCHULTZ9997 INACTIVE REFUND 179.24
CHK911767/17/26 DANIEL SCHWEIKERT9997 INACTIVE REFUND 90.19
CHK911777/17/26 SPEEDCUTTERS OUTDOOR MAINTENA8141 LAWN MOWING SERVICES 954.31
LAWN MOWING SERVICES 2,375.59
Total for Check/Tran - 91177:3,329.90
CHK911787/17/26 THE UPS STORE 50933360 SHIPPING 56.23
SHIPPING 33.33
Total for Check/Tran - 91178:89.56
CHK911797/17/26 ERIC VICKARYOUS9997 INACTIVE REFUND 245.07
CHK911807/17/26 WESCO RECEIVABLES CORP.55 DOUGHNUT TYPE CT 10,924.80
CHK911817/17/26 BONNIE WRIGHT9997 INACTIVE REFUND 146.05
CHK911827/17/26 WRUCK SEWER AND PORTABLE RENT5451 PORTABLE TOILET RENTAL SERVICE 106.58
CHK911837/22/26 ACE HARDWARE766 TOOLS - UNIT #5 44.00
CHK911847/22/26 AMERICAN PUMP COMPANY103 POLY SUCTION HOSE 527.65
CHK911857/22/26 CITY OF DAYTON5592 FRANCHISE FEES - 2026 QTR 2 2,530.94
CHK911867/22/26 CITY OF OTSEGO3498 FRANCHISE FEE - 2026 QTR 2 18,936.68
CHK911877/22/26 CONTRACT CLEANERS OF AMERICA9999 Hydrant Rental Deposit Refund 1,487.27
CHK911887/22/26 MENARDS145 MISC PARTS & SUPPLIES 25.18
PARTS - GARY ST TOWER 10.85
MISC PARTS & SUPPLIES 64.20
MISC PARTS & SUPPLIES 10.74
FLEX TAPE 51.76
MISC PARTS & SUPPLIES - UNIT #33 -15.09
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520328
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 91188:147.64
CHK911897/22/26 MINNESOTA OCCUPATIONAL HEALTH739 HEARING TEST - 178 46.00
CHK911907/22/26 MUTUAL OF OMAHA633 ELEC LIFE INSURANCE - AUG 2026 320.84
LIFE & LTD INSURANCE - AUG 2026 1,911.20
ELEC LIFE INSURANCE - AUG 2026 223.66
LIFE & LTD INSURANCE - AUG 2026 473.98
Total for Check/Tran - 91190:2,929.68
CHK911917/22/26 RDO EQUIPMENT CO.3218 PARTS FOR UNIT #50 -6.48
PARTS FOR UNIT #50 88.86
Total for Check/Tran - 91191:82.38
CHK911927/22/26 ROYAL SWITCHGEAR MFG CO.7556 Sub Blades 15,718.95
CHK911937/22/26 STUART C. IRBY CO.6107 Connector 1,385.00
PEDESTALS 26,352.77
PEDESTALS -23,783.88
Total for Check/Tran - 91193:3,953.89
CHK911947/22/26 SUMMIT AR822 COMMISSIONS DUE COLLECTION AGENCY 50.15
CHK911957/22/26 TEST GAUGE, INC829 RECERTIFICATION CLASS - 191 9.2026 595.00
Discount -11.90
Total for Check/Tran - 91195:583.10
CHK911967/22/26 TRANSUNION331 SKIP TRACING - JUNE 2026 80.00
SKIP TRACING - JUNE 2026 20.00
Total for Check/Tran - 91196:100.00
CHK911977/22/26 VERIFIED CREDENTIALS, LLC8381 BACKGROUND SCREENING - 206 207 118.12
BACKGROUND SCREENING - 206 207 16.88
Total for Check/Tran - 91197:135.00
CHK911987/22/26 WESCO RECEIVABLES CORP.55 Mtce of OH Primary 445.00
Mtce of OH Primary 1,108.50
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520329
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
07/01/2026 To 07/31/2026
Bank Account: 5 - GENERAL FUND WITHDRAWALS
Check /
Tran Date
Pmt
Type AmountVendor NameVendor Reference
Total for Check/Tran - 91198:1,553.50
Total for Bank Account - 5 :(217)6,625,915.94
Grand Total :6,637,310.33(218)
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520330
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Rev: 202303050106
Accounts Payable
Check Register
Elk River Municipal Utilities
PARAMETERS ENTERED:
Check Date:07/01/2026 To 07/31/2026
Bank:All
Vendor:All
Check:
Journal:All
Format:All GL References/Amounts
Extended Reference:No
Check/TransactionSort By:
Voids:None
AllPayment Type:
NoGroup By Payment Type:
Minimum Amount:0.00
Authorization Listing:No
Credit Card Charges:No
/pro/rpttemplate/acct/2.65.1/ap/AP_CHK_REGISTER.xml.rpt2520331
Elk River Municipal Utilities Commission Meeting Minutes
July 14, 2026
Page 1
ELK RIVER MUNICIPAL UTILITIES
REGULAR MEETING OF THE UTILITIES COMMISSION
HELD AT THE UTILITIES CONFERENCE ROOM
July 14, 2026
Members Present: Chair John Dietz, Vice Chair Mary Stewart, Commissioners Jill Larson-Vito,
Matt Westgaard, and Nick Zerwas
ERMU Staff Present: Mark Hanson, General Manager
Melissa Karpinski, Finance Manager
Tony Mauren, Governance & Communications Manager
Tom Geiser, Operations Director
Chris Sumstad, Electric Superintendent
Mike Tietz, Technical Services Superintendent
Dave Ninow, Water Superintendent
Jenny Foss, Communications & Administrative Coordinator
Parker Theisen, IT/OT Systems & Network Administrator
Jake Walz, IT/OT Specialist
Christy Schallock, Customer Service Representative
Others Present: Cal Portner, City Administrator
1.0 GOVERNANCE
1.1 Call Meeting to Order
The regular meeting of the Utilities Commission was called to order at 3:30 p.m. by Chair Dietz.
1.2 Pledge of Allegiance
The Pledge of Allegiance was recited.
1.3 Consider the Agenda
There were no recommended changes to the agenda.
Moved by Commissioner Zerwas and seconded by Commissioner Larson-Vito to approve the
July 14, 2026, agenda. Motion carried 5-0.
1.4 Recognition of Employee Longevity – Christy Schallock, 12 years
The Commission recognized Ms. Schallock for her 12 years of service in the customer service
department. Ms. Youngs, who was not present, provided comments read by Mr. Mauren.
Christy was commended for her calm and reassuring approach with customers, her dedication
32
Elk River Municipal Utilities Commission Meeting Minutes
July 14, 2026
Page 2
to finding solutions, and her continuous efforts to improve customer service. The Commission
expressed sincere appreciation for her years of commitment.
1.5 New Employee Verbal Introduction – Jake Walz
Mr. Theisen introduced Mr. Walz as the new IT/OT Specialist. Mr. Walz expressed his
appreciation for the opportunity to return to work for Elk River as he had previously been a
member of the City’s IT department. The Commission welcomed him back.
2.0 CONSENT AGENDA (Approved By One Motion)
Moved by Commissioner Westgaard and seconded by Commissioner Stewart to approve the
Consent Agenda as follows:
2.1 Check Register – June 2026
2.2 Regular Meeting Minutes – June 9, 2026
2.3 Dispute Resolution Committee Update
Motion carried 5-0.
3.0 OPEN FORUM
No one appeared for open forum.
4.0 POLICY & COMPLIANCE
4.1 Commission Policy Review – G.4h – Financial Planning and Budgeting
The Commission reviewed Policy G.4H regarding financial planning and budgeting. Staff
initially had no recommended changes but after publication noted that an amendment
could be made to better align with the new, more frequent rate study cycle.
Staff stated they will prepare a red-lined version of the policy reflecting the change from a
five-year to a four-year financial planning cycle. This updated policy will be brought back
for approval on the consent agenda at the August meeting.
4.2 Payment In Lieu of Taxes Discussion
With City Council’s recent denial of an ordinance amendment allowing data centers in
industrial zones, there was discussion about how the different sectors of the municipality
collaborate and share information. Commissioners provided their perspective on the
Payment In Lieu of Taxes program. The Commission concurred that there should be a joint
meeting between ERMU, City Council, and the Planning Commission scheduled in Q1 of
2027 to discuss how the bodies support one another.
33
Elk River Municipal Utilities Commission Meeting Minutes
July 14, 2026
Page 3
5.0 BUSINESS ACTION
5.1 Financial Report – May 2026
Ms. Karpinski presented the financial report noting a $543,000 net margin position
(2.81%).
For the electric department there is a YTD net margin position of $1.1 million
(approximately 6%). Revenues and expenses were favorable to budget and kWh
purchases were up about 3% through May. Through June, electric usage is up around 4%.
The water department shows a YTD loss of $602,000, which is typical for the season.
Through June, water usage is up about 1% and revenue is up 4%.
Total accounts receivable at end of May were $2.6 million, with 90% current. Collections
remain strong.
Moved by Commissioner Larson-Vito and seconded by Commissioner Stewart to receive
the May 2026 Financial Report. Motion carried 5-0.
5.2 National Energy Foundation Report
Staff presented the annual update on the National Energy Foundation program, now in its
third year. The program provides energy efficiency education to fourth-grade classrooms. This
year, 445 energy efficiency kits were distributed. The program achieved a 56% survey return
rate from families detailing their at-home improvements, demonstrating high engagement.
6.0 BUSINESS DISCUSSION
6.1 Staff Updates
Mr. Tietz reported that the Advanced Metering Infrastructure meter replacement is not yet
100% complete due to supply constraints, with gaps for certain commercial electric and off-
peak meters. A shipment is expected in August 2026, and eight meters were received on the
day of the meeting.
6.2 City Council Update
Chair Dietz provided a City Council Update.
34
Elk River Municipal Utilities Commission Meeting Minutes
July 14, 2026
Page 4
6.3 American Public Power Association National Conference Discussion
The conference was held June 26-July 1 in Boston, MA. Attendees shared key takeaways
including the fact that about one-third of conference sessions focused on data centers,
indicating a widespread industry issue. There was a recurring theme of the need for utilities to
effectively communicate their story to the community. It was noted that ERMU's proactive
work on contract terms and protective measures for data centers aligns perfectly with best
practices recommended by industry experts.
6.4 Future Planning
Chair Dietz announced the following:
a. Sherburne County Fair Parade – July 18
b. MMPA Annual Meeting – July 28 - Chaska
c. Regular Commission Meeting – August 11, 2026
d. 2026 Governance Agenda
6.5 Other Business
There was no other business.
7.0 ADJOURN REGULAR MEETING
Moved by Commissioner Westgaard and seconded by Commissioner Larson-Vito to adjourn
the regular meeting of the Elk River Municipal Utilities Commission at 4:38 p.m. Motion
carried 5-0.
Minutes prepared by Tony Mauren.
___________________________________
John J. Dietz, ERMU Commission Chair
___________________________________
Justin Dunford, City Clerk
35
______________________________________________________________________________
Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Melissa Karpinski – Finance Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
2.3
SUBJECT:
2026 Second Quarter Utilities Performance Metrics Scorecard Update
ACTION REQUESTED:
None
BACKGROUND:
Following the Commission’s adoption of the Performance Metrics program in December 2012,
and its most recent revision in 2025, staff will track performance for 2026, with any related
incentive awards to be distributed in 2027.
This program incentivizes employee performance aligned with the company’s core values.
Metrics are organized into categories and subcategories with measurable targets that require
companywide collaboration. Achievement of these goals is intended to drive improved service
and increase value for customers.
DISCUSSION:
At close of the fiscal year 2026, and following the completion of the audit, the final scorecard
will be evaluated and presented to the Commission in 2027 for consideration of the related
distribution.
Staff will monitor and report progress on a quarterly basis throughout 2026. The second
quarter scorecard is attached and includes notes summarizing initial results.
FINANCIAL IMPACT:
No immediate financial impact. An accrual has been recorded based on second quarter of 2026
performance results, subject to adjustment as performance progresses throughout the year.
Final financial impact will be determined upon Commission approval of the incentive
distribution in 2027.
ATTACHMENTS:
• Performance Metrics and Incentive Compensation Policy Scorecard – 2026 2nd Quarter
36
Elk River Municipal Utilities
G.4g1a - Performance Metrics and Incentive Compensation Policy Scorecard - 2026
Category Percent Sub-Category Sub-
Percent Goal Score
Awarded
Multiplier
Percent
Water Quality Standards 5 Meet
Requirements met requirement
Lead and Copper quality 5 90th percentile met requirement
Bacteria Detection 5 0 positive
samples 0 on target
CAIDI 5 <120 Min 74 on target
SAIDI 5 <60 Min 22 on target
SAIFI 5 <0.4 0.3 on target
Line Loss 5 <5%3%on target
Water Loss 5 <12%14%off target
Employee Turnover 10 < 7.5%0%on target
Participation in Recommended
and Mandatory Trainings 10 95%
89%off target
Margins/Net Profit 15 > Budget off target
Inventory Accuracy 5 >98%99.97%on target
Clean Energy Choice Program
Participation 5 +30 net +12 off target
Conservation Improvement
Program 5 >95%37%off target
Strategic Plan 10 Dashboard Progress (Average)10 >50%54%on target
1.2%
Adopted December 12, 2012
Revised October 11, 2016
Revised December 17, 2019
Revised December 14, 2021
Revised December 13, 2022
Revised December 12, 2023
Revised December 10, 2024
Communications/
Customer
Service
10
Total Multiplier:
Safety, Reliability
and Quality of
Utility Services
40
Workforce
Development 20
Financial Goals 20
37
______________________________________________________________________________
Page 1 of 2
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Melissa Karpinski – Finance Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
2.4
SUBJECT:
2026 Second Quarter Delinquent Items
ACTION REQUESTED:
Approve the 2026 second quarter delinquent items submitted.
BACKGROUND:
Second quarter delinquent items are presented for your review. We have previously reported
on four different categories of delinquents as follows:
• Assessments are delays in collecting the money owed and is assessed to the
property taxes in the fall. Please note this number will only be presented in the fourth
quarter.
• Collections amounts are those we send to the collection agency to try and collect
after we have exhausted all our internal collection efforts. We receive 70% of the
amounts collected after the agency receives their split.
• Revenue Recapture (RR) is the program through the state where funds are collected
from individuals’ tax refunds and remitted to us, with the balance (if any) remitted
to the individual. It presents an opportunity to collect funds rather than splitting
with a collection agency or having to write them off completely. There is a six-year
limit for keeping items on RR and if uncollected at this time, amounts are removed
and written off.
• Write-Offs are amounts removed from the books with no further collection efforts
being extended.
DISCUSSION:
I have for review recap comparisons with last year, identifying the categories and amounts for
each quarter and the running totals. Regarding the first quarter totals:
• The amounts listed for assessments culminate in the fourth quarter and include
items previously submitted to other collection services, and if not collected, are
removed, and assessed. The assessment amount for 2026 is $0.00 as there has
been no activity yet for this year.
• The amounts submitted only to Collection Agencies for 2026 is $0.00. Please note
that amounts submitted to Revenue Recapture were also submitted to Collection
Agencies.
38
______________________________________________________________________________
Page 2 of 2
• The amounts submitted to Revenue Recapture were higher than the prior year. The
Q2 2026 RR amount is $7,358.97. We collected a total of $3,909.33 from RR in Q2
2026.
• Write-Offs for Q2 2026 of $778.57 which is less than the prior year. Of that amount,
$196.04 was due to the removal of old account balances mandated by a six-year
limit imposed by the state.
The attached report shows those dollars submitted to both the Collection Agency and RR. The
second quarter totals are $7,358.97 broken down by provider are: $6,448.60 for Electric,
$117.00 for Water, $249.35 for Sewer, $121.69 for Trash, $384.47 for Franchise Fees, and
$37.86 for Storm Water.
Our allowance for doubtful accounts (a reserve for bad debt/write-offs) is $25,605. According
to the American Public Power Association’s most recent published standard ratios, the industry
standard is between $.0001 and $.0037. The Central region median is $.008. Based off the
latest survey ERMU is $.0004.
ATTACHMENTS:
• 2026 Second Quarter Delinquent Items Comparison
• 2026 Second Quarter Delinquent Items Submitted
39
Delinquent Items Comparisons
Year Quarter Assessments
Collection
Agency
Revenue
Recapture
Rev
Recap/Coll Write-Offs
Rev Recap
Pmts
2022 1 - - 6,446.46 6,446.46 1,405.27 6,749.22
2022 2 - - 7,547.92 7,547.92 2,402.70 3,648.77
2022 3 - - 15,900.91 15,900.91 4,364.37 2,285.05
2022 4 9,042.25 - 6,796.66 6,796.66 6,008.66 167.94
2023 1 - 520.00 7,160.11 7,680.11 1,961.37 7,179.17
2023 2 - - 5,379.18 5,379.18 22,049.08 3,449.26
2023 3 - - 5,514.33 5,514.33 1,643.54 2,723.58
2023 4 10,994.99 465.14 12,853.33 13,318.47 5,222.43 1,564.65
2024 1 - - 2,879.26 2,879.26 2,962.89 8,955.64
2024 2 - - 5,095.50 5,095.50 4,102.00 3,166.13
2024 3 - - 8,444.30 8,444.30 6,495.34 1,322.98
2024 4 15,379.59 - 9,691.36 9,691.36 2,498.27 258.83
2025 1 - - 3,379.27 3,379.27 3,097.48 10,193.73
2025 2 - 147.98 6,313.45 6,461.43 2,082.66 5,004.02
2025 3 - - 5,614.42 5,614.42 2,772.02 1,321.75
2025 4 32,397.42 - 7,936.25 7,936.25 1,444.83 488.24
2026 1 - - 11,455.15 11,455.15 2,140.90 8,339.74
2026 2 - - 7,358.97 7,358.97 778.57 3,909.33
2026 3 -
2026 4 -
0
2,500
5,000
7,500
10,000
12,500
15,000
17,500
20,000
22,500
2022 2023 2024 2025 2026
Quarterly Write-Offs by Year
1
2
3
4
Quarter
0
2,500
5,000
7,500
10,000
12,500
15,000
17,500
2022 2023 2024 2025 2026
Quarterly Amts Submitted for
Collection by Year
1
2
3
4
Quarter
40
0
2,500
5,000
7,500
10,000
12,500
15,000
17,500
20,000
22,500
25,000
27,500
30,000
32,500
2022 2023 2024 2025 2026
Total Assessments
2022
2023
2024
2025
2026
Year
0
2,500
5,000
7,500
10,000
12,500
15,000
17,500
20,000
22,500
25,000
27,500
30,000
32,500
2022 2023 2024 2025 2026
Total Write-Offs
2022
2023
2024
2025
2026
Year
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
2022 2023 2024 2025 2026
Rev Recap to Write-Off Comparison
Total Submitted to RR Total RR Pmts Total Write-Offs
Values
41
Agency B
Row Labels Sum of Total AR
1ERUE 6,448.60
2ERUW 117.00
3CTYS 249.35
4CTYT 121.69
6CTYF 384.47
7CTYS 37.86
Grand Total 7,358.97
42
______________________________________________________________________________
Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Tony Mauren – Governance & Communications Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
2.5
SUBJECT:
Commission Policy Update – G.4h – Financial Planning and Budgeting
ACTION REQUESTED:
Approve updated policy language.
DISCUSSION:
At the July 2026 meeting, staff stated they had noticed potential policy updates after
publication and would bring back edits this month for approval.
The proposed edit better aligns policy with a recently adopted rate study cycle.
ATTACHMENTS:
• Redline - ERMU Policy - G.4h - Financial Planning and Budgeting
43
______________________________________________________________________________
Page 1 of 2
COMMISSION POLICY
Section: Category:
Governance Delegation to Management Policies
Policy Reference: Policy Title:
G.4h Financial Planning and Budgeting
PURPOSE:
With this policy, the Commission affirms the importance of financial planning and budgeting
and sets forth its expectations for the General Manager in terms of the effective development,
implementation, monitoring, and updating of the Commission’s approved Financial Plan and
Business Plan/Budget. (See Strategic and Business Planning Policy)
POLICY:
The General Manager will propose for Commission approval a Financial Plan that supports the
Strategic Plan and provides credible projections of expenses and revenues (in major categories),
reserve fund balances, and key financial ratios for not less than five four (54) future fiscal years.
The General Manager will propose for Commission approval a Business Plan/Budget for each
fiscal year that is reasonably consistent with the projections contained in the Commission’s
approved Financial Plan.
Within the financial limits established by the Commission through its approved Financial Plan
and Business Plan/Budget, the General Manager shall provide adequate resources for the
effective execution of the Strategic Plan and for the accomplishment of the specific operating
and financial results contained in the Business Plan/Budget.
Consistent with this general statement, the General Manager shall implement financial planning
and budgeting that:
1. Is based on credible assumptions about variables that are likely to affect ERMU’s future
financial performance.
2. Includes credible projections of revenues, expenses, cash flow, mandatory and discretionary
reserve funds, fund balances, and key financial ratios for a period of at least five four (54)
future fiscal years.
44
ERMU Commission Policy – G.4h Financial Planning and Budgeting
______________________________________________________________________________
______________________________________________________________________________
Page 2 of 2
3. Includes credible projections of capital expenditures and borrowing needs.
4. Includes credible revenue requirements and general retail rate adjustment needs.
5. Recognizes the need for appropriate adjustments or contingencies that may arise during
implementation as a result of changed conditions and unexpected events.
6. Clearly communicates the connection between planned expenditures of resources and the
expected business results as identified in the Strategic Plan and the Business Plan/Budget.
7. Does not violate the Commission’s policy on Financial Condition and Transactions.
8. Provides financial support for the Commission’s activities in the amount that is needed for
the Commission to fulfill its statutory duties and to govern with excellence.
POLICY HISTORY:
Adopted August 8, 2017
Revised August 11, 2026
45
______________________________________________________________________________
Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Tony Mauren – Governance & Communications Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
4.1
SUBJECT:
Commission Policy Review – G.4i - Financial Condition and Transactions
ACTION REQUESTED:
None
BACKGROUND/DISCUSSION:
This month commissioners are reviewing policy G.4i - Financial Condition and Transactions to
make comments, ask questions, or recommend updates.
With policy G.4i, the Commission sets forth its expectations for the General Manager
concerning ERMU’s financial condition and transactions.
Staff is not recommending any updates to the policy.
ATTACHMENTS:
• ERMU Policy – G.4i - Financial Condition and Transactions
46
______________________________________________________________________________
Page 1 of 2
COMMISSION POLICY
Section: Category:
Governance Delegation to Management Policies
Policy Reference: Policy Title:
G.4i Financial Condition and Transactions
PURPOSE:
With this policy, the Commission sets forth its expectations for the General Manager
concerning ERMU’s financial condition and transactions.
POLICY:
The General Manager shall not intentionally cause or allow ERMU’s financial condition to
become precarious or to materially deviate from the Financial Plan or Business Plan/Budget.
The General Manager shall not allow financial transactions to occur outside of the boundaries
established by other applicable provisions of the Commission’s governance policies. The
General Manager shall not allow financial reporting that fails to comply with applicable
standards for governmental accounting.
Consistent with this general statement, the General Manager shall:
1. Provide monthly financial reports to the Commission which accurately and adequately
describe ERMU’s financial condition.
2. Provide quarterly financial report presentations which discuss any material changes (1% or
greater of annual revenues or expenditures for each utility enterprise) to the projections for
the balance of the fiscal year including any appropriate remedial actions.
3. Not allow the cumulative expenditure of funds during a fiscal year to exceed by more than
$1 million the amounts that have been allocated through the approved capital and
operating budgets without prior approval by the Commission in the form of a budget
amendment.
4. Advise the Commission of any individual project expenditure in excess of 10% above the
approved budgeted amount.
47
ERMU Commission Policy – G.4i Financial Condition and Transactions
______________________________________________________________________________
______________________________________________________________________________
Page 2 of 2
5. Not reallocate an amount greater than $500,000 among line items in the approved capital
and operating budgets without prior approval by the Commission in the form of a budget
amendment.
6. Advise the Commission of any financial transaction or event deemed by the General
Manager to have a substantial impact on ERMU’s financial condition.
7. Not take any financial action that violates bond covenants or otherwise jeopardizes
ERMU’s ability to obtain favorable bond ratings.
8. Not allow working capital and other designated reserves to fall below the levels
established in the Financial Plan.
9. Make payroll and pay other financial obligations in a timely way.
10. Collect or otherwise resolve receivables.
11. Implement internal policies and procedures that comply and ensure timely accounting and
reporting of financial condition and transactions in accordance with legal or regulatory
requirements, and generally accepted industry practices.
12. Not acquire, encumber, or dispose of real property without approval of the Commission.
POLICY HISTORY:
Adopted August 8, 2017
48
______________________________________________________________________________
Page 1 of 2
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Mark Hanson - General Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
4.2
SUBJECT:
Annual Strategic Plan Review
ACTION REQUESTED:
Commission consensus on high level strategic themes and dashboard initiatives
BACKGROUND:
In August 2017, the Commission adopted a comprehensive governance manual based on the
Carver Governance Model. Policy G4.c, Strategic and Business Planning, and Policy G.2c,
Agenda Planning, require the Commission and management to review and update the strategic
plan annually in July and to adopt the financial plan each December. This year’s strategic review
was moved to August due to staff scheduling.
Per policy, the strategic plan shall provide “strategic direction for a period of not less than three
(3) future fiscal years in terms of high-level elements such as vision, core purpose, core values,
mission, key result areas, and broadly stated strategic objectives that are intended to achieve
the organizational outcomes contained in the Commission’s Authority and Purpose Policies.” In
April 2026, the Commission amended the Authority and Purpose policies to revise ERMU’s
Mission, Vision, and Values and to eliminate the Organizational Fundamentals and Planning
Themes. The new Mission, Vision, and Values are attached.
All ERMU policies, decisions, initiatives, and tasks must align with the Commission’s Authority
and Purpose. Planning initiatives are categorized under Commission-adopted planning themes
tied to ERMU’s Mission, Vision, and Values. This process is designed to keep planning
transparent to consumer-owners and defines how ERMU is expected to operate.
DISCUSSION:
The Strategic Plan sets ERMU’s long-term direction and the path to achieve it. Of the 13
initiatives on the 2025-2027 Dashboard, all but one, Volt/VAR Control, are already closed or are
on track to close by the end of 2026.
Closed Initiatives:
• Create Disaster Recovery Plan
• Evaluate IT/OT Needs
• Review/Update Authority and Purpose Policies
• Outage Management System
49
______________________________________________________________________________
Page 2 of 2
• Planning for Future Wells, Treatment, and Storage
• Renew Rate/Cost of Service Study; Develop Load Management
Expected to close by end of 2026:
• Evaluate Role of Committees/Develop Engagement Committee
• Evaluate New NISC Offerings
• Update Management Policy Manual
• Completion of Advanced Metering Infrastructure
• East Substation
• Review AppSuite Processes
Carrying into 2026-2028:
• Volt/VAR Control
For 2026-2028, leadership reviewed ten newly proposed initiatives. After discussion, one was
dropped and two were combined, leaving eight new initiatives for the dashboard:
• Mapping Completion - Transition from CAD to GIS maps
• Outage Management System - Identify operational and administrative needs
• Water System Upgrade - Site/plan Well #10, backflow prevention, SCADA upgrades
• Organizational Development - Strengthen employee training and succession planning
• Disaster Recovery Plan - Review and implement the plan
• Integrate Mission, Vision, Values into Culture - Wall art, branding, employee recognition
• Explore Additional Rates/Fees - Water rates and fees; electric rates, fees, and programs
• Email/Microsoft Teams Retention - Establish retention procedures for email and Teams
In summary, staff proposes 15 initiatives for the 2026-2028 Strategic Plan, six of which are
expected to close by the end of 2026. The complete, prioritized 2026-2028 Strategic Initiatives
Dashboard is attached.
As the 2027 budgeting process begins, staff requests Commission confirmation that these
priorities reflect the organization’s strategic direction.
ATTACHMENTS:
• ERMU Dashboard 2026-2028
• ERMU Mission, Vision, and Values
50
ERMU Initiatives Dashboard, 2026-2028 (Updates in Red Text)7/29/2026
1
Evaluate role of all
Committees; Develop
Community Engagement
Committee
Look at responsibilities, membership and frequency of
all committees. Create a committee to identify and
track potential internal initiatives (annual company
meeting) and external opportunities (National Energy
Foundation partnership for school district engagement).
TM/SY 2024-25 90%12/18/2025
All committees have been evaluated. Enhancements will include ensuring a
at least one manager from both the office and field locations will participate
on all committees. Additionally, all committees will have a charter
explaining their purpose, budget and meeting frequency. A community
engagement committee will not be created. Draft charters have been created
in review process.
2 Leverage NISC Solutions
to Enhance Operations
Review NISC to enhance Customer Experience,
Finance, and Operations: Complete BPC Security, BPC
Messenger and SmartHub, Demo Bidgley antalytics,
Update Financials
SY 2026 75%7/29/2026
NISC Bidgely Demonstration - Implementation Q4 2026.
BPC Messenger and SmartHub November completed 24 and 25, 2025. All
Messenger and SmartHub settings and notificaitons have been reviewed.
Customer notifications within Messenger have been fully branded and the
languge revised to refelct ERMU's voice and tone. Messenger and SmartHub
review is complete - this portion of the initative has moved to daily business.
Completed Income Statement working on combined balace sheet. All
financial statements have been completed.
Only remaining item will be BPC Security as of 7/29/2026
3 Management Policy
Manual Format policy manual. Review and revise policies.GM/TM 2023-25 99%12/18/2025 Item will be completed with the finalization of the management committee
charters in item 1.
4 Evaluate IT /OT Needs Review current MOU with the City as ERMU evaluates
future IT/OT needs.GM/SY/TG 2026 100%3/25/2026
Draft IT MOU has been approved by City Council. MOU will be presented to
the Council for signaguter April 6, 2026 and to ERMU Commission for
approval on April 14, 2026. ERMU IT/OT Specialsit position opens last
week of March, 2026.
5 Review/Update Authority
and Purpose Polices
Review the need to update our strategic guidance to
ensure relevancy to current industry trends and the
changing socio-economic environment.
MH 2025 100%3/10/2026
The management team is reviewing potential edits to our mission, mission
and values. Management met to establish language for presentation to the
Commission and staff. Presented to staff for additional input based on that
input Tony has engaged with PRIME for additional feedback.
6 Volt/VAR Control Investigate methods to identify/predict peak usage times
and Volt/VAR control strategies to reduce peak usage.MT 2026-27 25%7/31/2026
We have completed the theoretical phase and moved into the practicality
stage. We are currently working on the development of CVR screens and
RTAC logic along with strategic identification of bellwether meters that will
provide realtime feedback to the programming logic.
7 Completion of AMI
Complete system wide implementation of an Advanced
Metering Infrastructure (AMI) system to empower our
customers with control, choice and convenience.
MT 2023-25 99%4/16/2026
Allegiant Close out meeting held on May 16, 2025. All remaining water and
electric meter replacements will be completed internally. All water meter
exchanges for residential and commercial accounts will be completed before
the end of the year. Polyphase electric meters are supposed to be delivered in
November of 2025. This is the bulk of the remaining electric meters to be
exchanged and will be completed in 2026.
Updated Notes/UpdatesItemInitiativeDescriptionProject Lead Goal Status
Page 1 of 3
51
ERMU Initiatives Dashboard, 2026-2028 (Updates in Red Text)7/29/2026
Updated Notes/UpdatesItemInitiativeDescriptionProject Lead Goal Status
8 Outage Management
System Explore options for Outage Management System.MT/SY/TG 2026-27 100%12/18/2025
Received demo from MilSoft on their OMS offering along with pricing.
Received demo from NISC on their OMS offering along with Pricing. No
further vendors will be demo'd. Quarter 4 2026 Engage with NISC for 2027
implementation.
9
Planning for future Wells,
Treatment and Storage in
NE area
Create a long-term plan for the installation of needed
infrastructure to support the northeast expansion of the
urban services area.
DN 2024-25 100%5/28/2026
Now that we have received support from ISD 728 staff for ERMU to obtain a
section of land owned by the district near Twin Lakes Elementary School, we
are moving forward with having S.E.H. with the assistance of Elfering &
Associates conduct a well and water treatment plant feasibility study. This
study will compare the suitability of this site with another proposed site
located further north. Waiting on Feasibility Study. Planning completed -
staff will pursue the TWES site for design and construction.
10 East Sub Station Construction of East Sub Station.MT 2025-26 75%4/16/2026
Sub-grade work has been completed. Perimeter fencing has been installed.
Foundations, conduits and ground grid have been completed. Control
building was delivered and installed and staff is working inside to install the
relay panel and wire it up. Steel is being delivered on 3/16/26, staff will start
constructing the structures. Structures complete, more grading work to be
done. Waiting on circuit breaker, disconnect blade, and transformer delivery.
Waiting on delivery of transformer.
11 Review AppSuite
Processses
Assess and optimize AppSuite Work Management
processes, tasks, and workflows to improve operational
efficiency .
SJY 2026 75%7/29/2026
BPC for AppSuite Work Management scheduled for April 2026. Held team
meetings, reviewed security, reviewed agenda/expectations. Recived NISC's
recommendations for process improvements. Will review and move to
Operational.
12 Mapping Completion Transition from CAD to GIS maps. TG 2027-2028 0%7/21/2026
13 Outage Management
System Identify Operational and Adminstration needs. MH/ SY/ TG/ CS 2027-2028 0%7/21/2026
14 Water System Upgrade Site and Plan Well #10, Backflow Prevention, SCADA
Upgrades DN/ SY/ MH 2027-2028 0%7/21/2026
15 Orgnaizational
Development Strengthen employee training and succession planning,MH/SY 2027-2028 0%7/21/2026
Page 2 of 3
52
ERMU Initiatives Dashboard, 2026-2028 (Updates in Red Text)7/29/2026
Updated Notes/UpdatesItemInitiativeDescriptionProject Lead Goal Status
16 Disaster Recovery Plan Review & Implement Disaster Recovery Plan CS/SY/ TG/ MT 2027-2028 0%7/21/2026
17 Integrate Mission, Vision,
Values into Culture
Wall Art,Branding (Employees - screen savers, pens,
mouse pads, Employee recognistion (thank you cards),
memo template, note pads???)
TM/SY 2027-2028 0%7/21/2026
18 Explore Additional
Rates/Fees
Research Water Tier 2 and Tier 3,Water Restriction
Fee, Electric TOU, Capital Infrastrucure Fee, DER
Programs. Market Based Industrial, Smart Appliances
MH/SY/ MK/ MT 2027-2028 0%7/21/2026
19 Email/Microsoft Teams
Retention
Create retention procedures and standardized tags for
email and Microsoft Teams.TM/SY 2027-2028 0%7/21/2026
Definition of Roles:Key and Color Code:
Project
Lead:
Critically behind schedule, over budget, and/or short of resources. Will affect
other dependent steps.
At risk, behind schedule, over budget, and/or short of resources.
On schedule, within budget, sufficiently allocated resources to complete as
planned.
Completed.
Ultimately answerable for the success of an initiative. Prioritizes action items based on company values.
Critically analyze and ensure best practices. Allocate/organize resources to ensure successful completion.
Page 3 of 3
53
We build reliable systems and continually improve essential services.
R ESILIENCE in Practice
We do what is right and focus on clear, transparent communications.
I NTEGRITY in Action
We commit to protecting our collective resources for future generations.
S TEWARDSHIP in Promise
We pursue the highest standards and value in everything we do.
E XCELLENCE in Purpose
We prioritize the safety of our team and the community we serve.
S AFETY Always
VALUES
MISSION
Serving Our Community: Every Home, Every Business, Every Day
VISION
Leading the Way to a Stronger Community
54
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Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Melissa Karpinski – Finance Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
5.1
SUBJECT:
Financial Report – June 2026
ACTION REQUESTED:
Receive the June 2026 Financial Report
DISCUSSION:
Please note that these are the preliminary unaudited financial statements.
Electric
June year to date (YTD) electric kWh sales are up 4% compared to the prior year. The
breakdown is as follows:
• Residential usage increased 3%
• Small Commercial usage increased 0.1%
• Large Commercial usage increased 5%
For June 2026, the Electric Department is performing behind the prior YTD results and is
unfavorable to the YTD budget. Additional variance analysis is provided in the attached
Summary Electric Statement of Revenues, Expenses and Changes in Net Position.
Water
June YTD gallons of water sold are up 0.3% compared to the prior year. The breakdown is as
follows:
• Residential usage increased 1%
• Commercial usage decreased 1%
For June 2026, the Water Department is performing behind the prior YTD results and is
unfavorable to the YTD budget. Additional variance analysis is provided in the attached
Summary Water Statement of Revenues, Expenses and Changes in Net Position.
ATTACHMENTS:
• Financial Statements
• Graphs Prior Year and YTD 2026
55
Electric Water Total
Assets
Current Assets
Cash and Investments 11,424,675 11,106,830 22,531,504
Receivables 3,251,196 378,755 3,629,952
Due from Other City Funds 4,151 128,850 133,001
Inventories 2,581,797 66,170 2,647,967
Prepaid Items 203,352 55,561 258,913
Total Current Assets 17,465,172 11,736,166 29,201,337
Non-Current Assets
Lease Receivable - 5,622,838 5,622,838
Capital Assets
Construction In Progress 3,215,370 154,988 3,370,358
Land 697,870 200,714 898,584
Intangible Assets 29,656,945 - 29,656,945
Land Improvements 34,081 - 34,081
Buildings 15,832,325 3,425,450 19,257,775
Machinery and Equipment 6,053,272 789,641 6,842,913
Transmission 2,305,024 - 2,305,024
Production - 14,725,937 14,725,937
Distribution 62,338,359 31,201,536 93,539,895
Capital Assets, Cost 120,133,245 50,498,266 170,631,511
Less Accumulated Depreciation (45,950,754) (25,994,994) (71,945,748)
Total Capital Assets, Net 74,182,491 24,503,271 98,685,763
Total Non-Current Assets 74,182,491 30,126,109 104,308,601
Other Assets
Restricted Cash 1,779,016 - 1,779,016
Deferred Outflows of Resources 396,358 82,418 478,776
Total Assets 93,823,037 41,944,693 135,767,730
Liabilities and Fund Equity
Current Liabilities
Accounts Payable 3,989,859 135,597 4,125,456
Salaries and Benefits Payable 292,912 57,113 350,024
Accrued Interest Payable 320,482 15,250 335,732
Due to Other City Funds 940,085 9,541 949,626
Due to Other Governments 284,038 7,129 291,168
Customer Deposits Payable 1,255,642 195,415 1,451,056
Unearned Revenue 10,035 443,436 453,471
Compensated Absences 1,092,133 158,271 1,250,404
Bonds Payable-Current Portion 510,000 70,000 580,000
Total Current Liabilities 8,695,186 1,091,752 9,786,937
Non-Current Liabilities
Bonds Payable, Net - Less Current Portion 26,085,606 1,410,318 27,495,925
Net Pension Liabilities 1,541,981 323,143 1,865,124
Total Non-Current Liabilities 27,627,587 1,733,461 29,361,049
Total Liabilities 36,322,773 2,825,213 39,147,986
Total Deferred Inflows of Resources 1,034,353 5,488,482 6,522,835
Total Net Position 56,465,911 33,630,998 90,096,909
Total Liabilities & Fund Equity 93,823,037 41,944,693 135,767,730
June 30, 2026
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Net Position
56
Electric June 30, 2026 May 31, 2026
Current Month
Change from
Prior Month
Assets
Current Assets
Cash and Investments 11,424,675 11,065,452 359,223
Receivables 3,251,196 2,923,615 327,581
Due from Other City Funds 4,151 4,341 (190)
Inventories 2,581,797 2,637,003 (55,206)
Prepaid Items 203,352 234,271 (30,919)
Total Current Assets 17,465,172 16,864,683 600,489
Non-Current Assets
Lease Receivable - - -
Capital Assets
Construction In Progress 3,215,370 3,200,447 14,923
Land 697,870 697,870 -
Intangible Assets 29,656,945 29,656,945 -
Land Improvements 34,081 34,081 -
Buildings 15,832,325 15,832,325 -
Machinery and Equipment 6,053,272 6,035,053 18,219
Transmission 2,305,024 2,305,024 -
Distribution 62,338,359 61,917,091 421,268
Capital Assets, Cost 120,133,245 119,678,835 454,410
Less Accumulated Depreciation (45,950,754) (45,655,946) (294,808)
Total Capital Assets, Net 74,182,491 74,022,889 159,602
Total Non-Current Assets 74,182,491 74,022,889 159,602
Other Assets
Restricted Cash 1,779,016 1,779,016 -
Deferred Outflows of Resources 396,358 396,358 -
Total Assets 93,823,037 93,062,946 760,091
Liabilities and Fund Equity
Current Liabilities
Accounts Payable 3,989,859 3,157,192 832,667
Salaries and Benefits Payable 292,912 222,282 70,630
Accrued Interest Payable 320,482 256,385 64,096
Due to Other City Funds 940,085 820,890 119,195
Due to Other Governments 284,038 247,827 36,212
Customer Deposits Payable 1,255,642 1,241,771 13,870
Unearned Revenue 10,035 11,708 (1,673)
Compensated Absences 1,092,133 1,070,279 21,853
Bonds Payable-Current Portion 510,000 510,000 -
Total Current Liabilities 8,695,186 7,538,335 1,156,851
Non-Current Liabilities
Bonds Payable, Net - Less Current Portion 26,085,606 26,090,595 (4,989)
Net Pension Liabilities 1,541,981 1,541,981 -
Total Non-Current Liabilities 27,627,587 27,632,576 (4,989)
Total Liabilities 36,322,773 35,170,911 1,151,862
Total Deferred Inflows of Resources 1,034,353 1,034,353 -
Total Net Position 56,465,911 56,857,682 (391,771)
Total Liabilities & Fund Equity 93,823,037 93,062,946 760,091
Elk River, Minnesota
Electric Statement of Net Position
Elk River Municipal Utilities
57
Water June 30, 2026 May 31, 2026
Current Month
Change from
Prior Month
Assets
Current Assets
Cash and Investments 11,106,830 10,816,345 290,484
Receivables 378,755 294,157 84,598
Due from Other City Funds 128,850 128,850 -
Inventories 66,170 68,253 (2,083)
Prepaid Items 55,561 63,896 (8,336)
Total Current Assets 11,736,166 11,371,502 364,664
Non-Current Assets
Lease Receivable 5,622,838 5,622,838 -
Capital Assets
Construction In Progress 154,988 124,549 30,438
Land 200,714 200,714 -
Intangible Assets - - -
Land Improvements - - -
Buildings 3,425,450 3,425,450 -
Machinery and Equipment 789,641 789,641 -
Production 14,725,937 14,725,937 -
Distribution 31,201,536 31,206,714 (5,178)
Capital Assets, Cost 50,498,266 50,473,006 25,260
Less Accumulated Depreciation (25,994,994) (25,878,686) (116,309)
Total Capital Assets, Net 24,503,271 24,594,320 (91,049)
Total Non-Current Assets 30,126,109 30,217,158 (91,049)
Other Assets
Restricted Cash - - -
Deferred Outflows of Resources 82,418 82,418 -
Total Assets 41,944,693 41,671,078 273,615
Liabilities and Fund Equity
Current Liabilities
Accounts Payabable 135,597 161,996 (26,399)
Salaries and Benefits Payable 57,113 45,245 11,868
Accrued Interest Payable 15,250 12,200 3,050
Due to Other City Funds 9,541 6,667 2,874
Due to Other Governments 7,129 4,546 2,583
Customer Deposits Payable 195,415 193,695 1,720
Unearned Revenue 443,436 230,275 213,161
Compensated Absences 158,271 158,404 (133)
Bonds Payable-Current Portion 70,000 70,000 -
Total Current Liabilities 1,091,752 883,028 208,724
Non-Current Liabilities
Bonds Payable, Net - Less Current Portion 1,410,318 1,410,872 (554)
Net Pension Liabilities 323,143 323,143 -
Total Non-Current Liabilities 1,733,461 1,734,015 (554)
Total Liabilities 2,825,213 2,617,044 208,169
Total Deferred Inflows of Resources 5,488,482 5,488,482 -
Total Net Position 33,630,998 33,565,552 65,446
Total Liabilities & Fund Equity 41,944,693 41,671,078 273,615
Elk River, Minnesota
Water Statement of Net Position
Elk River Municipal Utilities
58
Electric
Actual June
2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual June
2025
Actual
2025
Prior Yr
Variance
PY
Var% Variance
Revenue
Operating Revenue
Elk River 3,647,165 3,670,098 18,620,715 19,611,840 (991,126) -5%43,306,594 3,633,233 18,831,321 (210,607) -1%
Otsego 349,082 371,807 1,915,002 2,026,815 (111,813) -6%4,454,313 355,161 1,946,957 (31,955) -2%
Big Lake 15,928 17,940 102,991 111,379 (8,388) -8%241,665 16,245 104,419 (1,428) -1%
Dayton 19,841 22,029 126,982 136,084 (9,102) -7%294,054 20,814 132,075 (5,093) -4%
Public St & Hwy Lighting 23,844 23,333 143,023 139,998 3,025 2%280,000 23,883 141,303 1,720 1%
Other Electric Sales 400 400 2,400 2,400 - 0%4,800 400 2,400 - 0%
Total Operating Revenue 4,056,261 4,105,607 20,911,112 22,028,516 (1,117,404) -5%48,581,426 4,049,736 21,158,474 (247,362) -1%
Other Operating Revenue
Interest/Dividend Income 25,017 29,167 21,591 175,002 (153,411) -88%350,000 52,471 234,850 (213,259) -91%(1)
Customer Penalties 19,450 25,417 122,511 152,502 (29,991) -20%305,000 19,399 129,519 (7,009) -5%(2)
Connection Fees 16,000 21,250 289,063 127,500 161,563 127%255,000 60,028 124,921 164,142 131%(3)
Misc Revenue 97,854 97,751 1,060,434 609,006 451,428 74%1,193,000 110,644 849,249 211,184 25%(4)
Total Operating Revenue 158,321 173,585 1,493,598 1,064,010 429,588 40%2,103,000 242,542 1,338,540 155,058 12%
Total Revenue 4,214,582 4,279,192 22,404,710 23,092,526 (687,816) -3%50,684,426 4,292,278 22,497,014 (92,304) 0%
Expenses
Purchased Power 3,361,161 2,864,180 14,297,442 14,425,825 (128,382) -1%31,659,362 3,143,850 14,131,972 165,470 1%
Operating & Mtce Expense 18 26,833 1,872 160,998 (159,126) -99%321,993 19,714 156,507 (154,635) -99%(5)
Transmission Expense 4,474 5,833 20,957 34,998 (14,041) -40%70,000 3,203 17,327 3,630 21%
Distribution Expense 41,977 45,417 448,983 272,502 176,481 65%545,000 33,117 275,080 173,903 63%(6)
Maintenance Expense 168,329 153,246 889,895 997,476 (107,581) -11%1,990,000 125,647 925,055 (35,161) -4%(7)
Depreciation & Amortization 295,922 294,428 1,772,620 1,766,568 6,052 0%3,533,136 288,032 1,726,360 46,260 3%
Interest Expense 59,108 59,108 355,522 355,522 - 0%699,543 61,983 373,172 (17,650) -5%
Other Operating Expense 3,740 9,105 41,328 54,630 (13,302) -24%414,250 4,358 44,352 (3,024) -7%
Customer Accounts Expense 35,439 36,250 217,770 217,500 270 0%435,000 33,208 204,722 13,047 6%
Administrative Expense 389,939 381,739 2,408,026 2,398,732 9,294 0%4,617,413 344,844 2,267,724 140,302 6%
General Expense 50,448 54,774 248,350 328,644 (80,294) -24%657,300 105,439 282,133 (33,784) -12%(8)
Total Expenses (before Operating Transfers)4,410,554 3,930,913 20,702,764 21,013,394 (310,631) -1%44,942,997 4,163,396 20,404,404 298,360 1%
Operating Transfer
Operating Transfer/Other Funds 183,292 183,505 936,637 980,592 (43,955) -4%2,165,330 146,077 757,698 178,939 24%(9)
Utilities & Labor Donated 12,506 - 12,900 - 12,900 0%- 19,698 118,365 (105,466) -89%(10)
Total Operating Transfer 195,799 183,505 949,536 980,592 (31,056) -3%2,165,330 165,776 876,063 73,473 8%
Net Income Profit (Loss)(391,771) 164,774 752,410 1,098,539 (346,130) -32%3,576,100 (36,893) 1,216,547 (464,137) -38%
Item Variance of +/- $25,000 and +/- 15%
(1) Budget and PYTD variance is due to the change in Fair Market Value.
(2) Budget variance is mainly due to an even budget spread throughout year.
(3) Budget and PYTD variance is mainly due to a large connection agreement in January and March of 2026.
(4) Budget and PYTD variance is mainly due to Contributions from Customers having a large SOW for a dedicated feeder in January 2026.
(5) Budget and PYTD variance is due to not using majority of generating g/l accounts in 2026 due to retirement of power plant engines and reclassing to distribution expense.
(6) Budget and PYTD variance is due to reclassing generating g/l accounts in 2026 to distribution expense.
(7) Budget variance is mainly due to an even budget spread throughout year.
(8) Budget variance is mainly due to timing of commercial rebates and low income rebates.
(9) PYTD variance is due to the change to PILOT that was made in 2026.
(10) PYTD variance is due to the change to PILOT that was made in 2026.
Year-To-Date Year-To-Date
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 30, 2026
59
Water
Actual June
2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual June
2025
Actual
2025
Prior Yr
Variance
PY
Var% Variance
Revenue
Operating Revenue
Water Sales 350,754 349,590 1,209,875 1,237,727 (27,852)-2%3,226,078 325,738 1,164,373 45,502 4%
Total Operating Revenue 350,754 349,590 1,209,875 1,237,727 (27,852) -2%3,226,078 325,738 1,164,373 45,502 4%
Other Operating Revenue
Interest/Dividend Income 7,488 10,500 13,989 63,000 (49,011)-78%126,000 13,951 64,659 (50,670) -78%(1)
Customer Penalties 1,369 2,917 8,262 17,502 (9,240)-53%35,000 3,305 14,553 (6,290) -43%
Connection Fees 38,357 37,167 250,228 223,002 27,226 12%446,000 214,516 409,296 (159,068) -39%(2)
Misc Revenue 1,017 1,008 31,621 10,048 21,573 215%477,350 45,565 70,640 (39,019) -55%(3)
Total Operating Revenue 48,231 51,592 304,101 313,552 (9,451) -3%1,084,350 277,336 559,148 (255,047) -46%
Total Revenue 398,985 401,182 1,513,976 1,551,279 (37,303) -2%4,310,428 603,074 1,723,521 (209,545) -12%
Expenses
Production Expense 13,019 10,417 113,435 62,502 50,933 81%125,000 8,691 63,496 49,939 79%(4)
Pumping Expense 60,750 55,668 323,778 334,008 (10,230)-3%668,000 57,045 305,639 18,139 6%
Distribution Expense 37,421 35,041 193,623 237,246 (43,623)-18%447,500 32,243 256,214 (62,591) -24%(5)
Depreciation & Amortization 116,468 117,917 699,106 707,502 (8,396)-1%1,415,000 115,131 692,382 6,724 1%
Interest Expense 2,496 2,496 14,975 14,975 0 0%28,782 2,712 16,275 (1,300) -8%
Other Operating Expense 218 52 1,259 312 947 303%50,625 206 (15,775) 17,034 108%(6)
Customer Accounts Expense 9,627 8,688 51,028 52,128 (1,100)-2%104,250 8,034 49,462 1,566 3%
Administrative Expense 86,220 103,946 627,859 645,354 (17,495)-3%1,251,950 83,534 577,418 50,440 9%
General Expense 306 605 859 3,630 (2,772)-76%7,250 164 1,777 (919) -52%
Total Expenses (before Operating Transfers)326,525 334,830 2,025,921 2,057,657 (31,736) -2%4,098,357 307,760 1,946,890 79,031 4%
Operating Transfer
Operating Transfer/Other Funds 7,015 6,992 24,198 24,755 (558)-2%64,522 - - 24,198 0%
Utilities & Labor Donated - 167 - 1,002 (1,002)-100%2,000 - - - 0%
Total Operating Transfer 7,015 7,159 24,198 25,757 (1,560) -6%66,522 - - 24,198 0%
Net Income Profit (Loss)65,446 59,194 (536,143) (532,135) (4,008) -1%145,550 295,315 (223,369) (312,774) -140%
Item Variance of +/- $15,000 and +/- 15%
(1) Budget and PYTD variance is due to the change in Fair Market Value.
(2) PYTD variance is due to a large connection fee in June 2025.
(3) Budget variance is due to timing (even spread). PTYD variance is mainly due to
(4) Budget and PYTD variance is mainly due installation of transformer at Meadowvale Booster Station and labor in 2026.
(5) Budget variance is mainly due to an even budget spread throughout year. PYTD variance is due to mtce of water mains (Polk & Business Center Dr), water meter service repairs and water mapping labor.
(6) PYTD variance is due to a credit received in 2025.
Year-To-DateYear-To-Date
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 30, 2026
60
Electric
Actual
June 2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual
June 2025 Actual 2025
Prior Yr
Variance
PY
Var%
Revenue
Operating Revenue
Electric Sales - Elk River
ELECT SALES - ELK RIVER RESIDENTIAL 1,157,239 1,106,849 6,724,012 6,888,053 (164,042)-2%14,974,097 1,029,280 6,405,690 318,321 5%
ELECT SALES - ELK RIVER NON-DEMAND 275,631 300,908 1,709,740 1,782,019 (72,280)-4%3,713,891 278,653 1,662,790 46,949 3%
ELECT SALES - ELK RIVER DEMAND 1,822,000 1,831,649 9,125,171 8,682,099 443,072 5%19,613,601 1,725,102 8,477,561 647,610 8%
PCA SALES REVENUE - ELK RIVER RESIDENTIA 118,835 118,783 337,784 739,199 (401,415)-54%1,606,960 168,833 710,397 (372,613)-52%
PCA SALES REVENUE - ELK RIVER NON-DEMAND 28,389 35,536 87,472 210,451 (122,979)-58%438,601 46,969 199,858 (112,386)-56%
PCA SALES REVENUE - ELK RIVER DEMAND 245,072 276,373 636,537 1,310,019 (673,482)-51%2,959,444 384,397 1,375,024 (738,488)-54%
Total Electric Sales - Elk River 3,647,165 3,670,098 18,620,715 19,611,840 (991,126)-5%43,306,594 3,633,233 18,831,321 (210,607)-1%
Electric Sales - Otsego
ELECT SALES - OTSEGO RESIDENTIAL 126,218 125,912 766,069 783,567 (17,499)-2%1,703,416 118,232 720,705 45,364 6%
ELECT SALES - OTSEGO NON-DEMAND 44,572 44,733 242,942 264,914 (21,973)-8%552,105 46,039 242,765 176 0%
ELECT SALES - OTSEGO DEMAND 142,127 160,293 800,249 759,794 40,455 5%1,716,440 134,538 753,025 47,223 6%
PCA SALES REVENUE - OTSEGO RESIDENTIAL 12,629 13,512 37,391 84,089 (46,698)-56%182,804 19,156 79,442 (42,051)-53%
PCA SALES REVENUE - OTSEGO NON-DEMAND 4,796 4,043 13,427 23,940 (10,513)-44%49,894 8,087 31,006 (17,579)-57%
PCA SALES REVENUE - OTSEGO DEMAND 18,740 23,314 54,925 110,510 (55,585)-50%249,654 29,108 120,014 (65,089)-54%
Total Electric Sales - Otsego 349,082 371,807 1,915,002 2,026,815 (111,813)-6%4,454,313 355,161 1,946,957 (31,955)-2%
Electric Sales - Big Lake
ELECT SALES - BIG LAKE RESIDENTIAL 14,161 15,412 96,892 95,912 980 1%208,507 13,509 92,628 4,264 5%
ELECT SALES - BIG LAKE NON-DEMAND 301 379 1,243 2,243 (1,000)-45%4,675 444 1,375 (131)-10%
PCA SALES REVENUE - BIG LAKE RESIDENTIAL 1,441 1,654 4,808 10,293 (5,485)-53%22,376 2,224 10,287 (5,479)-53%
PCA SALES REVENUE - BIG LAKE NON-DEMAND 24 495 48 2,931 (2,883)-98%6,107 68 129 (81)-63%
Total Electric Sales - Big Lake 15,928 17,940 102,991 111,379 (8,388)-8%241,665 16,245 104,419 (1,428)-1%
Electric Sales - Dayton
ELECT SALES - DAYTON RESIDENTIAL 14,823 16,433 101,752 102,261 (510)0%222,309 14,764 99,938 1,814 2%
ELECT SALES - DAYTON NON-DEMAND 3,250 3,352 19,492 19,853 (361)-2%41,376 3,192 19,171 321 2%
PCA SALES REVENUE - DAYTON RESIDENTIAL 1,463 1,763 4,810 10,973 (6,163)-56%23,857 2,369 10,822 (6,013)-56%
PCA SALES REVENUE - DAYTON NON-DEMAND 306 481 929 2,996 (2,067)-69%6,512 489 2,144 (1,215)-57%
Total Electric Sales - Dayton 19,841 22,029 126,982 136,084 (9,102)-7%294,054 20,814 132,075 (5,093)-4%
Public St & Hwy Lighting
ELECT SALES - SEC LTS 23,844 23,333 143,023 139,998 3,025 2%280,000 23,883 141,303 1,720 1%
Total Public St & Hwy Lighting 23,844 23,333 143,023 139,998 3,025 2%280,000 23,883 141,303 1,720 1%
Other Electric Sales
SUB-STATION CREDIT 400 400 2,400 2,400 0 0%4,800 400 2,400 0 0%
Total Other Electric Sales 400 400 2,400 2,400 0 0%4,800 400 2,400 0 0%
Total Operating Revenue 4,056,261 4,105,607 20,911,112 22,028,516 (1,117,404)-5%48,581,426 4,049,736 21,158,474 (247,362)-1%
Other Operating Revenue
Interest/Dividend Income
INTEREST & DIVIDEND INCOME 25,017 29,167 21,591 175,002 (153,411)-88%350,000 52,471 234,850 (213,259)-91%
Total Interest/Dividend Income 25,017 29,167 21,591 175,002 (153,411)-88%350,000 52,471 234,850 (213,259)-91%
Customer Penalties
CUSTOMER DELINQUENT PENALTIES 19,450 25,417 122,511 152,502 (29,991)-20%305,000 19,399 129,519 (7,009)-5%
Total Customer Penalties 19,450 25,417 122,511 152,502 (29,991)-20%305,000 19,399 129,519 (7,009)-5%
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 2026
Year-To-Date Year-To-Date
61
Electric
Actual
June 2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual
June 2025 Actual 2025
Prior Yr
Variance
PY
Var%
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 2026
Year-To-Date Year-To-Date
Connection Fees
DISCONNECT & RECONNECT CHARGE 16,000 21,250 289,063 127,500 161,563 127%255,000 60,028 124,921 164,142 131%
Total Connection Fees 16,000 21,250 289,063 127,500 161,563 127%255,000 60,028 124,921 164,142 131%
Misc Revenue
MISC ELEC REVENUE - TEMP CHG 350 250 4,160 1,500 2,660 177%3,000 - 2,640 1,520 58%
STREET LIGHT - 2,500 29,800 12,500 17,300 138%25,000 13,000 13,000 16,800 129%
TRANSMISSION INVESTMENTS 65,216 56,667 332,705 340,002 (7,297)-2%680,000 67,588 326,231 6,474 2%
MISC NON-UTILITY 12,596 9,167 94,379 55,002 39,377 72%110,000 17,762 58,720 35,659 61%
GAIN ON DISPOSITION OF PROPERTY - - - 25,000 (25,000)-100%25,000 - 22,755 (22,755)-100%
CONTRIBUTIONS FROM CUSTOMERS 19,683 29,167 570,646 175,002 395,644 226%350,000 12,294 425,903 144,743 34%
CONTRIBUTIONS FROM GRANTS 8 - 28,744 - 28,744 0%- - - 28,744 0%
Total Misc Revenue 97,854 97,751 1,060,434 609,006 451,428 74%1,193,000 110,644 849,249 211,184 25%
158,321 173,585 1,493,598 1,064,010 429,588 40%2,103,000 242,542 1,338,540 155,058 12%
Total Revenue 4,214,582 4,279,192 22,404,710 23,092,526 (687,816)-3%50,684,426 4,292,278 22,497,014 (92,304)0%
Expenses
Purchased Power
PURCHASED POWER 2,596,121 2,287,034 11,191,668 10,834,540 357,128 3%24,051,075 2,345,898 10,538,697 652,971 6%
ENERGY ADJUSTMENT CLAUSE 765,040 577,147 3,105,774 3,591,285 (485,510)-14%7,608,286 797,952 3,593,275 (487,501)-14%
Total Purchased Power 3,361,161 2,864,180 14,297,442 14,425,825 (128,382)-1%31,659,362 3,143,850 14,131,972 165,470 1%
Operating & Mtce Expense
OPERATING SUPERVISION - DNU - 13,399 - 80,394 (80,394)-100%160,783 12,410 79,121 (79,121)-100%
NATURAL GAS - 2,292 - 13,752 (13,752)-100%27,501 464 15,765 (15,765)-100%
ELECTRIC & WATER CONSUMPTION - PLANT DNU - 5,434 - 32,604 (32,604)-100%65,208 4,099 30,816 (30,816)-100%
PLANT SUPPLIES & OTHER EXPENSE - DNU - 1,000 - 6,000 (6,000)-100%12,000 792 4,672 (4,672)-100%
MISC POWER GENERATION EXPENSE 18 83 1,872 498 1,374 276%1,000 32 728 1,144 157%
MAINTENANCE OF STRUCTURE - PLANT - DNU - 1,250 - 7,500 (7,500)-100%15,000 932 7,414 (7,414)-100%
MTCE OF PLANT ENGINES/GENERATORS - 42 - 252 (252)-100%500 51 729 (729)-100%
MTCE OF PLANT/LAND IMPROVEMENT - DNU - 3,333 - 19,998 (19,998)-100%40,000 935 17,262 (17,262)-100%
Total Operating & Mtce Expense 18 26,833 1,872 160,998 (159,126)-99%321,993 19,714 156,507 (154,635)-99%
Transmission Expense
TRANSMISSION MTCE AND EXPENSE 4,474 5,833 20,957 34,998 (14,041)-40%70,000 3,203 17,327 3,630 21%
Total Transmission Expense 4,474 5,833 20,957 34,998 (14,041)-40%70,000 3,203 17,327 3,630 21%
Distribution Expense
SUPERVISION & ENGINEERING - DISTRIBUTION 14,923 - 86,372 - 86,372 0%- - - 86,372 0%
REMOVE EXISTING SERVICE & METERS - 167 74 1,002 (928)-93%2,000 - 492 (418)-85%
SCADA EXPENSE 5,578 5,417 32,401 32,502 (101)0%65,000 8,657 30,941 1,460 5%
TRANSFORMER EXPENSE OH & URD 1,288 2,083 8,311 12,498 (4,187)-33%25,000 1,794 7,834 478 6%
MTCE OF SIGNAL SYSTEMS (2,331) 250 (740) 1,500 (2,240)-149%3,000 - 704 (1,444)-205%
METER EXPENSE - REMOVE & RESET - 125 - 750 (750)-100%1,500 - 727 (727)-100%
TEMP SERVICE - INSTALL & REMOVE 148 708 8,535 4,248 4,287 101%8,500 - 1,802 6,733 374%
MISC DISTRIBUTION EXPENSE 22,371 36,667 314,029 220,002 94,027 43%440,000 22,665 232,581 81,448 35%
Total Distribution Expense 41,977 45,417 448,983 272,502 176,481 65%545,000 33,117 275,080 173,903 63%
62
Electric
Actual
June 2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual
June 2025 Actual 2025
Prior Yr
Variance
PY
Var%
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 2026
Year-To-Date Year-To-Date
Maintenance Expense
MTCE OF STRUCTURES 14,036 7,500 85,193 45,000 40,193 89%90,000 7,907 51,103 34,090 67%
MTCE OF SUBSTATIONS 3,806 3,333 17,847 19,998 (2,151)-11%40,000 558 2,117 15,730 743%
MTCE OF SUBSTATION EQUIPMENT 7,377 9,333 13,773 55,998 (42,225)-75%112,000 4,227 25,622 (11,848)-46%
MTCE OF OH LINES/TREE TRIM 780 2,000 86,743 90,000 (3,257)-4%175,000 425 155,947 (69,203)-44%
MTCE OF OH LINES/STANDBY 4,355 4,166 23,364 24,996 (1,632)-7%50,000 4,294 22,359 1,005 4%
MTCE OF OH PRIMARY 27,672 16,250 91,181 97,500 (6,319)-6%195,000 19,978 53,584 37,597 70%
MTCE OF URD PRIMARY 27,251 25,000 95,558 150,000 (54,442)-36%300,000 16,157 172,440 (76,883)-45%
LOCATE ELECTRIC LINES 26,169 10,416 74,153 62,496 11,657 19%125,000 9,742 47,344 26,809 57%
LOCATE FIBER LINES 980 333 2,036 1,998 38 2%4,000 457 1,599 438 27%
MTCE OF LINE TRANSFORMERS 1,184 7,916 26,022 47,496 (21,474)-45%95,000 4,208 32,182 (6,160)-19%
MTCE OF STREET LIGHTING (2,442) 5,833 36,861 34,998 1,863 5%70,000 1,985 23,869 12,992 54%
MTCE OF SECURITY LIGHTING 670 2,083 9,488 12,498 (3,010)-24%25,000 1,443 10,733 (1,245)-12%
MTCE OF METERS 9,173 5,000 45,176 30,000 15,176 51%60,000 2,103 8,881 36,295 409%
VOLTAGE COMPLAINTS 1,176 833 4,274 4,998 (724)-14%10,000 - 2,551 1,724 68%
SALARIES TRANSMISSION & DISTRIBUTION 3,854 3,083 20,520 18,498 2,022 11%37,000 2,686 17,556 2,965 17%
ELECTRIC MAPPING 10,230 13,500 85,087 81,000 4,087 5%162,000 14,450 81,628 3,459 4%
FIBER MAPPING - 833 - 4,998 (4,998)-100%10,000 - - 0 0%
MTCE OF OH SECONDARY 4,669 2,500 15,057 15,000 57 0%30,000 3,217 15,450 (394)-3%
MTCE OF URD SECONDARY 9,195 6,667 36,256 40,002 (3,746)-9%80,000 9,766 40,661 (4,405)-11%
TRANSPORTATION EXPENSE 18,193 26,667 121,303 160,002 (38,699)-24%320,000 22,043 159,430 (38,127)-24%
Total Maintenance Expense 168,329 153,246 889,895 997,476 (107,581)-11%1,990,000 125,647 925,055 (35,161)-4%
Depreciation & Amortization
DEPRECIATION 240,244 238,750 1,438,552 1,432,500 6,052 0%2,865,000 232,354 1,392,292 46,260 3%
AMORTIZATION 55,678 55,678 334,068 334,068 (0)0%668,136 55,678 334,068 0 0%
Total Depreciation & Amortization 295,922 294,428 1,772,620 1,766,568 6,052 0%3,533,136 288,032 1,726,360 46,260 3%
Interest Expense
INTEREST EXPENSE - BONDS 64,096 64,096 385,453 385,453 0 0%759,406 66,971 403,103 (17,650)-4%
AMORTIZATION OF DEBT DISCOUNT/PREMIUM (4,989) (4,989) (29,931) (29,931) 0 0%(59,863) (4,989) (29,931) 0 0%
Total Interest Expense 59,108 59,108 355,522 355,522 0 0%699,543 61,983 373,172 (17,650)-5%
Other Operating Expense
EV CHARGING EXPENSE 96 104 536 624 (88)-14%1,250 108 1,056 (520)-49%
LOSS ON DISPOSITION OF PROP (CAPITAL)- - - - 0 0%25,000 - 18,259 (18,259)-100%
OTHER DONATIONS - 167 870 1,002 (132)-13%2,000 106 323 548 170%
MUTUAL AID - - 18,165 - 18,165 0%- - - 18,165 0%
PENSION EXPENSE - - - - 0 0%280,000 - - 0 0%
OTHER INTEREST EXPENSE - 4,667 - 28,002 (28,002)-100%56,000 - - 0 0%
INTEREST EXPENSE - METER DEPOSITS 3,643 4,167 21,756 25,002 (3,246)-13%50,000 4,144 24,715 (2,958)-12%
Total Other Operating Expense 3,740 9,105 41,328 54,630 (13,302)-24%414,250 4,358 44,352 (3,024)-7%
Customer Accounts Expense
METER READING EXPENSE 2,085 2,083 13,407 12,498 909 7%25,000 3,158 17,969 (4,562)-25%
DISCONNECT/RECONNECT EXPENSE - 417 248 2,502 (2,254)-90%5,000 89 250 (2)-1%
MISC CUSTOMER ACCOUNTS EXPENSE UTILITY 32,721 31,667 181,838 190,002 (8,164)-4%380,000 29,730 181,675 164 0%
BAD DEBT EXPENSE & RECOVERY 633 2,083 22,277 12,498 9,779 78%25,000 231 4,829 17,448 361%
Total Customer Accounts Expense 35,439 36,250 217,770 217,500 270 0%435,000 33,208 204,722 13,047 6%
63
Electric
Actual
June 2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual
June 2025 Actual 2025
Prior Yr
Variance
PY
Var%
Elk River Municipal Utilities
Elk River, Minnesota
Statement of Revenues, Expenses and Changes in Net Position
For Period Ending June 2026
Year-To-Date Year-To-Date
Administrative Expense
SALARIES OFFICE & COMMISSION 96,230 90,417 523,300 542,502 (19,202)-4%1,085,000 76,550 482,772 40,528 8%
TEMPORARY STAFFING - 333 - 1,998 (1,998)-100%4,000 - - 0 0%
OFFICE SUPPLIES 8,631 10,417 55,787 62,502 (6,715)-11%125,000 16,310 50,657 5,131 10%
ELECTRIC & WATER CONSUMPTION - OFFICE 2,603 2,379 11,213 14,274 (3,061)-21%28,552 2,214 11,688 (475)-4%
BANK FEES 218 250 1,291 1,500 (209)-14%3,000 205 1,348 (58)-4%
LEGAL FEES 4,483 2,083 15,467 12,498 2,969 24%25,000 1,376 7,772 7,695 99%
AUDITING FEES 1,800 1,875 10,800 11,250 (450)-4%22,500 1,720 10,320 480 5%
INSURANCE 10,087 11,917 65,953 71,502 (5,549)-8%143,000 14,853 89,160 (23,207)-26%
UTILITY SHARE - DEFERRED COMP 5,920 7,000 78,570 83,000 (4,430)-5%125,000 6,867 79,280 (710)-1%
UTILITY SHARE - MEDICAL/DENTAL/DISABIL 74,370 68,600 546,754 533,400 13,354 3%945,000 65,390 511,559 35,195 7%
UTILITY SHARE - PERA 31,049 29,042 176,187 174,252 1,935 1%348,500 26,416 167,693 8,494 5%
UTILITY SHARE - FICA 31,228 28,542 171,212 171,252 (40)0%342,500 26,741 164,189 7,023 4%
EMPLOYEE SICK PAY 16,090 19,454 127,894 116,724 11,170 10%233,450 14,833 125,963 1,931 2%
EMPLOYEE HOLIDAY PAY 17,424 17,000 83,983 84,000 (17)0%197,402 15,280 78,552 5,431 7%
EMPLOYEE VACATION & PTO PAY 29,021 25,000 203,738 196,000 7,738 4%344,308 25,391 187,936 15,802 8%
UPMIC DISTRIBUTION 10,371 21,500 26,881 43,000 (16,119)-37%86,000 22,210 40,316 (13,435)-33%
LONGEVITY PAY - - 3,575 3,498 77 2%8,040 - 8,245 (4,670)-57%
CONSULTING FEES 11,806 4,650 81,684 27,900 53,784 193%55,800 1,170 50,958 30,725 60%
TELEPHONE 2,981 2,583 18,000 15,498 2,502 16%31,000 2,811 17,031 969 6%
ADVERTISING 553 1,667 7,278 10,002 (2,724)-27%20,000 1,250 7,005 273 4%
DUES & SUBSCRIPTIONS - FEES 14,704 11,823 86,383 70,938 15,445 22%141,879 11,039 74,461 11,922 16%
SCHOOLS & MEETINGS 19,831 24,290 108,836 145,740 (36,904)-25%291,482 11,354 95,629 13,206 14%
MTCE OF GENERAL PLANT & OFFICE HEATING 540 917 3,240 5,502 (2,262)-41%11,000 865 5,190 (1,950)-38%
Total Administrative Expense 389,939 381,739 2,408,026 2,398,732 9,294 0%4,617,413 344,844 2,267,724 140,302 6%
General Expense
CIP REBATES - RESIDENTIAL 4,384 7,563 36,401 45,378 (8,977)-20%90,758 8,124 40,240 (3,840)-10%
CIP REBATES - COMMERCIAL 8,089 9,333 26,511 55,998 (29,487)-53%112,000 43,104 51,840 (25,330)-49%
CIP - ADMINISTRATION 12,855 15,153 75,488 90,918 (15,430)-17%181,840 32,808 88,698 (13,210)-15%
CIP - MARKETING 11,729 4,572 31,129 27,432 3,697 13%54,864 9,748 27,841 3,288 12%
CIP - LABOR 9,834 11,340 57,401 68,040 (10,640)-16%136,078 8,194 52,967 4,433 8%
CIP REBATES - LOW INCOME - 2,480 - 14,880 (14,880)-100%29,760 - - 0 0%
CIP - LOW INCOME LABOR 898 833 5,381 4,998 383 8%10,000 817 5,132 249 5%
ENVIRONMENTAL COMPLIANCE 2,612 3,083 15,788 18,498 (2,710)-15%37,000 2,677 15,179 609 4%
MISC GENERAL EXPENSE 46 417 252 2,502 (2,250)-90%5,000 (33) 236 17 7%
Total General Expense 50,448 54,774 248,350 328,644 (80,294)-24%657,300 105,439 282,133 (33,784)-12%
Total Expenses (before Operating Transfers)4,410,554 3,930,913 20,702,764 21,013,394 (310,631)-1%44,942,997 4,163,396 20,404,404 298,360 1%
Operating Transfer
Operating Transfer/Other Funds
TRANSFER TO CITY ELK RIVER REVENUE 183,292 183,505 936,637 980,592 (43,955)-4%2,165,330 146,077 757,698 178,939 24%
Total Operating Transfer/Other Funds 183,292 183,505 936,637 980,592 (43,955)-4%2,165,330 146,077 757,698 178,939 24%
Utilities & Labor Donated
UTILITIES & LABOR DONATED TO CITY 12,506 - 12,900 - 12,900 0%- 19,698 118,365 (105,466)-89%
Total Utilities & Labor Donated 12,506 - 12,900 - 12,900 0%- 19,698 118,365 (105,466)-89%
Total Operating Transfer 195,799 183,505 949,536 980,592 (31,056)-3%2,165,330 165,776 876,063 73,473 8%
Net Income Profit (Loss)(391,771) 164,774 752,410 1,098,539 (346,130)-32%3,576,100 (36,893) 1,216,547 (464,137)-38%
64
Water
Actual June
2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual June
2025 Actual 2025
Prior Yr
Variance
PY
Var%
Revenue
Operating Revenue
Water Sales - Elk River
WATER SALES RESIDENTIAL 204,996 196,405 731,122 759,273 (28,151)-4%1,821,516 179,679 694,612 36,510 5%
WATER SALES COMMERCIAL 100,513 100,073 413,193 403,537 9,655 2%1,039,960 100,592 405,627 7,565 2%
WATER SALES IRRIGATION 45,244 53,112 65,561 74,917 (9,356)-12%364,603 45,468 64,134 1,427 2%
Total Water Sales - Elk River 204,996 196,405 731,122 759,273 (28,151) -4%1,821,516 179,679 694,612 36,510 5%
Total Operating Revenue 350,754 349,590 1,209,875 1,237,727 (27,852) -2%3,226,078 325,738 1,164,373 45,502 4%
Other Operating Revenue
Interest/Dividend Income
INTEREST & DIVIDEND INCOME 7,488 10,417 13,422 62,502 (49,080)-79%125,000 13,951 64,659 (51,237)-79%
OTHER INTEREST/MISC REVENUE - 83 567 498 69 14%1,000 - - 567 0%
Total Interest/Dividend Income 7,488 10,500 13,989 63,000 (49,011)-78%126,000 13,951 64,659 (50,670)-78%
Customer Penalties
CUSTOMER PENALTIES 1,369 2,917 8,262 17,502 (9,240)-53%35,000 3,305 14,553 (6,290)-43%
Total Customer Penalties 1,369 2,917 8,262 17,502 (9,240)-53%35,000 3,305 14,553 (6,290)-43%
Connection Fees
WATER/ACCESS/CONNECTION FEES 32,400 30,500 216,672 183,000 33,672 18%366,000 202,688 368,942 (152,270)-41%
CUSTOMER CONNECTION FEES 4,182 4,167 23,858 25,002 (1,144)-5%50,000 9,760 30,345 (6,487)-21%
BULK WATER SALES/HYDRANT RENTAL 1,775 2,500 9,698 15,000 (5,302)-35%30,000 2,067 10,009 (311)-3%
Total Connection Fees 38,357 37,167 250,228 223,002 27,226 12%446,000 214,516 409,296 (159,068)-39%
Misc Revenue
MISC NON-UTILITY - 8 30 48 (18)-38%100 - 311 (281)-90%
CONTRIBUTIONS FROM GRANTS (8) - 7,186 - 7,186 0%- - - 7,186 0%
GAIN ON DISPOSITION OF PROPERTY - - - 4,000 (4,000)-100%4,000 - - 0 0%
MISCELLANEOUS REVENUE 50 83 16,511 498 16,013 3215%1,000 - 19,889 (3,379)-17%
HYDRANT MAINTENANCE PROGRAM - PRIVATE 975 917 7,895 5,502 2,393 43%11,000 975 5,850 2,045 35%
CONTRIBUTIONS FROM DEVELOPERS - - - - 0 0%- 44,590 44,590 (44,590)-100%
WATER TOWER LEASE - - - - 0 0%386,250 - - 0 0%
LEASE INTEREST REVENUE - - - - 0 0%75,000 - - 0 0%
Total Misc Revenue 1,017 1,008 31,621 10,048 21,573 215%477,350 45,565 70,640 (39,019)-55%
Total Other Revenue 48,231 51,592 304,101 313,552 (9,451)-3%1,084,350 277,336 559,148 (255,047)-46%
Total Revenue 398,985 401,182 1,513,976 1,551,279 (37,303)-2%4,310,428 603,074 1,723,521 (209,545)-12%
Expenses
Production Expense
MTCE OF STRUCTURES 13,019 10,417 113,435 62,502 50,933 81%125,000 8,691 63,496 49,939 79%
Total Production Expense 13,019 10,417 113,435 62,502 50,933 81%125,000 8,691 63,496 49,939 79%
Year-To-Date Year-To-Date
For Period Ending June 2026
Statement of Revenues, Expenses and Changes in Net Position
Elk River, Minnesota
Elk River Municipal Utilities
65
Water
Actual June
2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual June
2025 Actual 2025
Prior Yr
Variance
PY
Var%
Year-To-Date Year-To-Date
For Period Ending June 2026
Statement of Revenues, Expenses and Changes in Net Position
Elk River, Minnesota
Elk River Municipal Utilities
Pumping Expense
SUPERVISION 6,785 6,667 40,961 40,002 959 2%80,000 6,440 39,516 1,445 4%
ELECTRIC & GAS UTILITIES 34,956 25,000 144,220 150,000 (5,780)-4%300,000 25,091 136,520 7,700 6%
SAMPLING 790 2,000 8,515 12,000 (3,485)-29%24,000 1,245 10,877 (2,362)-22%
CHEMICAL FEED 7,255 4,167 20,537 25,002 (4,465)-18%50,000 5,187 22,463 (1,927)-9%
MTCE OF WELLS 10,710 16,667 106,689 100,002 6,687 7%200,000 18,153 89,459 17,230 19%
SCADA - PUMPING 255 1,167 2,857 7,002 (4,145)-59%14,000 930 6,804 (3,946)-58%
Total Pumping Expense 60,750 55,668 323,778 334,008 (10,230)-3%668,000 57,045 305,639 18,139 6%
Distribution Expense
MTCE OF WATER MAINS 12,940 14,583 54,232 87,498 (33,266)-38%175,000 14,312 95,392 (41,160)-43%
LOCATE WATER LINES 5,457 2,083 15,060 12,498 2,562 20%25,000 1,330 15,543 (484)-3%
MTCE OF WATER SERVICES 399 - 485 - 485 0%- - - 485 0%
WATER METER SERVICE 3,878 4,167 26,926 25,002 1,924 8%50,000 6,443 44,168 (17,243)-39%
BACKFLOW DEVICE INSPECTION 4,541 1,917 12,358 11,502 856 7%23,000 1,704 8,446 3,912 46%
MTCE OF CUSTOMERS SERVICE 3,038 3,000 17,728 18,000 (272)-2%36,000 2,693 16,965 762 4%
WATER MAPPING 1,711 2,083 3,319 12,498 (9,179)-73%25,000 1,176 16,716 (13,397)-80%
FIBER MAPPING - 833 - 4,998 (4,998)-100%10,000 - - 0 0%
MTCE OF WATER HYDRANTS - PUBLIC 1,579 1,833 18,016 10,998 7,018 64%22,000 910 9,404 8,611 92%
MTCE OF WATER HYDRANTS - PRIVATE 1,447 500 1,627 3,000 (1,373)-46%6,000 486 486 1,140 234%
WATER CLOTHING/PPE 724 1,250 8,692 7,500 1,192 16%15,000 971 10,757 (2,065)-19%
WAGES WATER 837 792 4,795 4,752 43 1%9,500 722 4,423 372 8%
TRANSPORTATION EXPENSE 870 2,000 8,148 12,000 (3,852)-32%24,000 1,495 13,531 (5,383)-40%
WATER PERMIT - - 22,238 27,000 (4,762)-18%27,000 - 20,382 1,856 9%
Total Distribution Expense 37,421 35,041 193,623 237,246 (43,623)-18%447,500 32,243 256,214 (62,591)-24%
Depreciation & Amortization
DEPRECIATION 116,468 117,917 699,106 707,502 (8,396)-1%1,415,000 115,131 692,382 6,724 1%
Total Depreciation & Amortization 116,468 117,917 699,106 707,502 (8,396)-1%1,415,000 115,131 692,382 6,724 1%
Interest Expense
INTEREST EXPENSE - BONDS 3,050 3,050 18,300 18,300 0 0%35,433 3,267 19,600 (1,300)-7%
AMORTIZATION OF DEBT DISCOUNT/PREMIUM (554) (554) (3,325) (3,325) 0 0%(6,651) (554) (3,325) 0 0%
Total Interest Expense 2,496 2,496 14,975 14,975 0 0%28,782 2,712 16,275 (1,300)-8%
Other Operating Expense
LOSS ON DISPOSITION OF PROP (NONCAPITAL)- - - - 0 0%- - (16,272) 16,272 100%
DAM MAINTENANCE EXPENSE 173 - 991 - 991 0%- 154 185 806 436%
PENSION EXPENSE - - - - 0 0%50,000 - - 0 0%
INTEREST EXPENSE - METER DEPOSITS 45 52 268 312 (44)-14%625 52 312 (45)-14%
Total Other Operating Expense 218 52 1,259 312 947 303%50,625 206 (15,775) 17,034 108%
Customer Accounts Expense
METER READING EXPENSE 502 417 3,201 2,502 699 28%5,000 569 3,369 (167)-5%
MISC CUSTOMER ACCOUNTS EXPENSE UTILITY 9,125 8,250 47,827 49,500 (1,673)-3%99,000 7,464 46,094 1,733 4%
BAD DEBT EXPENSE & RECOVERY - 21 - 126 (126)-100%250 - - 0 0%
Total Customer Accounts Expense 9,627 8,688 51,028 52,128 (1,100)-2%104,250 8,034 49,462 1,566 3%
66
Water
Actual June
2026
Budget
June 2026
Actual
2026
Budget
2026
Budget
Variance
Budget
Var%
Budget
2026
Actual June
2025 Actual 2025
Prior Yr
Variance
PY
Var%
Year-To-Date Year-To-Date
For Period Ending June 2026
Statement of Revenues, Expenses and Changes in Net Position
Elk River, Minnesota
Elk River Municipal Utilities
Administrative Expense
SALARIES OFFICE & COMMISSION 27,647 27,750 158,621 166,500 (7,879)-5%333,000 22,395 146,750 11,871 8%
TEMPORARY STAFFING - 83 - 498 (498)-100%1,000 - - 0 0%
OFFICE SUPPLIES 2,133 2,500 15,037 15,000 37 0%30,000 3,460 12,062 2,975 25%
ELECTRIC & WATER CONSUMPTION - OFFICE 651 540 2,803 3,240 (437)-13%6,500 554 2,923 (120)-4%
BANK FEES 54 59 329 354 (25)-7%708 51 343 (14)-4%
LEGAL FEES 370 500 7,212 3,000 4,212 140%6,000 344 10,743 (3,531)-33%
AUDITING FEES 450 583 3,355 3,498 (143)-4%7,000 430 3,126 229 7%
INSURANCE 3,534 3,583 22,175 21,498 677 3%43,000 3,480 20,903 1,272 6%
UTILITY SHARE - DEFERRED COMP 1,039 1,500 14,462 17,750 (3,288)-19%25,000 1,293 13,283 1,180 9%
UTILITY SHARE - MEDICAL/DENTAL/DISABIL 18,012 19,000 134,862 138,500 (3,638)-3%251,110 17,443 127,075 7,787 6%
UTILITY SHARE - PERA 6,206 5,958 38,246 35,748 2,498 7%71,500 5,324 32,966 5,280 16%
UTILITY SHARE - FICA 6,338 5,875 37,364 35,250 2,114 6%70,500 5,412 32,417 4,947 15%
EMPLOYEE SICK PAY 3,319 4,417 26,048 26,502 (454)-2%53,000 2,985 22,666 3,382 15%
EMPLOYEE HOLIDAY PAY 3,507 3,650 18,362 18,250 112 1%43,000 3,284 16,123 2,239 14%
EMPLOYEE VACATION & PTO PAY 5,719 5,000 42,337 41,000 1,337 3%72,000 4,739 36,027 6,310 18%
UPMIC DISTRIBUTION 2,311 4,750 6,142 9,500 (3,358)-35%19,000 4,863 8,506 (2,364)-28%
WELLHEAD PROTECTION - 125 - 750 (750)-100%1,500 - - 0 0%
LONGEVITY PAY - - - 78 (78)-100%1,260 - 155 (155)-100%
CONSULTING FEES 370 2,183 16,269 13,098 3,171 24%26,200 2,634 29,057 (12,788)-44%
TELEPHONE 789 717 4,833 4,302 531 12%8,600 718 4,056 776 19%
ADVERTISING 138 417 3,384 2,502 882 35%5,000 313 5,767 (2,382)-41%
DUES & SUBSCRIPTIONS - FEES 2,027 9,290 58,399 55,740 2,659 5%111,475 1,826 40,254 18,145 45%
SCHOOLS & MEETINGS 1,470 5,241 16,808 31,446 (14,638)-47%62,897 1,771 10,921 5,887 54%
MTCE OF GENERAL PLANT & OFFICE HEATING 135 225 810 1,350 (540)-40%2,700 216 1,296 (486)-38%
Total Administrative Expense 86,220 103,946 627,859 645,354 (17,495)-3%1,251,950 83,534 577,418 50,440 9%
General Expense
CIP REBATES - RESIDENTIAL 242 167 467 1,002 (535)-53%2,000 101 162 304 187%
CIP REBATES - COMMERCIAL - 83 - 498 (498)-100%1,000 - - 0 0%
CIP - MARKETING - 125 - 750 (750)-100%1,500 - - 0 0%
CIP - LABOR - 42 - 252 (252)-100%500 - - 0 0%
ENVIRONMENTAL COMPLIANCE 64 167 392 1,002 (610)-61%2,000 63 1,615 (1,223)-76%
MISC GENERAL EXPENSE - 21 (0) 126 (126)-100%250 - - (0)0%
Total General Expense 306 605 859 3,630 (2,772)-76%7,250 164 1,777 (919)-52%
Total Expenses (before Operating Transfers)326,525 334,830 2,025,921 2,057,657 (31,736)-2%4,098,357 307,760 1,946,890 79,031 4%
Operating Transfer
Operating Transfer/Other Funds
TRANSFER TO CITY ELK RIVER REVENUE 7,015 6,992 24,198 24,755 (558)-2%64,522 - - 24,198 0%
Total Operating Transfer/Other Funds 7,015 6,992 24,198 24,755 (558)-2%64,522 0 0 24,198 0%
Utilities & Labor Donated
WATER & LABOR DONATED TO CITY - 167 - 1,002 (1,002)-100%2,000 - - 0 0%
Total Utilities & Labor Donated - 167 - 1,002 (1,002)-100%2,000 - - 0 0%
Total Operating Transfer 7,015 7,159 24,198 25,757 (1,560)-6%66,522 - - 24,198 0%
Net Income Profit (Loss)65,446 59,194 (536,143) (532,135) (4,008) -1%145,550 295,315 (223,369) (312,774) -140%
67
35.0
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
Demand in MWMonth
Elk River Municipal Utilities Monthly Electrical Demand
2025 2026
15,000
20,000
25,000
30,000
35,000
40,000
Energy Purchases in MWHMonth
Elk River Municipal Utilities Monthly Energy Purchases
2025 2026
68
15,000
20,000
25,000
30,000
35,000
40,000
Electric Load in MWHMonth
Elk River Municipal Utilities Monthly Total Electric Load
2025 2026
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
$5,000,000
$5,500,000
$6,000,000
Sales in DollarsMonth
Elk River Municipal Utilities Monthly Electric Sales
2025 2026
69
-
5,000
10,000
15,000
20,000
25,000
Loads in MWHMonth
Elk River Municipal Utilities Monthly Residential, Commercial & Industrial
Loads
2025 Residential 2026 Residential 2025 Commercial
2026 Commercial 2025 Industrial 2026 Industrial
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
Sales in DollarsMonth
Elk River Municipal Utilities Monthly Residential, Commercial & Industrial
Sales
2025 Residential 2026 Residential 2025 Commercial
2026 Commercial 2025 Industrial 2026 Industrial
70
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
160.0
Pumpage in Million Gal.Month
Elk River Municipal Utilities Monthly Water Pumpage
2025 2026
0.0
1.0
2.0
3.0
4.0
5.0
6.0
Peak Day in Million Gal.Month
Elk River Municipal Utilities Peak Day Pumpage
2025 2026
71
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
0
20
40
60
80
100
120
140
160
180
Sales In DollarsSales in Million Gal.Month
Elk River Municipal Utilities Monthly Water Sales
2025 MG 2026 MG 2025 $2026 $
72
______________________________________________________________________________
Page 1 of 2
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Melissa Karpinski – Finance Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
5.2
SUBJECT:
2027 Annual Business Plan: Travel & Training Budget; Dues & Subscriptions - Fees Budget
ACTION REQUESTED:
No action is required.
DISCUSSION:
The 2027 budget process has begun. Per the 2026 Governance Agenda, the budget schedule is
as follows:
• August Meeting
o Proposed Travel & Training
o Proposed Dues & Subscriptions - Fees
• September Meeting
o Proposed Capital Projects
• October Meeting
o Proposed Expenses
• November Meeting
o Proposed Sales Revenues - Rates and Other Revenue
o Completed Budget
• December Meeting
o Adopt Budget and Rate Changes
FINANCIAL IMPACT:
The proposed 2027 Travel & Training budget reflects a 3% increase over the 2026 budget. The
primary additions include:
• American Public Power Association Lineworkers Rodeo to include one journey
lineworker team and two apprentices.
• Minnesota Municipal Utilities Association’s (MMUA) Developing Utility Expertise and
Leadership program.
• Public Works Certificate Program.
• Additional IT training and conference attendance.
The proposed 2027 Dues & Subscriptions - Fees budget reflects a 12% increase over the 2026
budget. The primary factors contributing to the increase are:
• Higher costs for MMUA’s Safety Management Program.
73
______________________________________________________________________________
Page 2 of 2
• Reclassification of certain IT subscriptions, software licenses, and certain City shared
costs to Dues & Subscriptions – Fees.
ATTACHMENTS:
• Proposed 2027 Travel & Training Budget
• Proposed 2027 Dues & Subscriptions - Fees Budget
74
ELK RIVER MUNCIPAL UTILITIES
TRAVEL & TRAINING BUDGET FOR 2027
1.04 1.04
Budget Budget Budget
# Attending 2027 2026 2025 Comments
Electric
Advanced Staking Workshop 1 staff - - -
APPA Linemen Rodeo team 5 staff 9,000 9,000 7,000 1 team, 2 apprent - Myrtle Beach, SC
Apprenticeship 1 staff 625 1,250 625
Chippewa Valley Tech - Electric Training Non-Lineman 2 staff 2,800 2,800 2,800
Commercial Driving School 1 staff - - -
Competent Person training 2 staff - - 1,300
Cross Training School 2 staff - - -
ESRI User Conference 1 staff 2,000 - -
Midwest User Group GIS 3 staff 3,000 3,000 -
Member Information Conf (NISC)2 staff 5,000 2,500 2,500 Inventory, foreperson
MMUA DUEL 1 staff 4,600 - - foreperson
MMUA Emergency Preparedness 1 staff 700 700 -
MMUA Locator Workshop 1 staff 365 365 350
MMUA Meter School 2 staff - 1,980 1,900
MMUA Overhead Hot Line School 2 staff 2,812 2,704 2,600
MMUA Stepping Into Leadership - - 3,600 not offered anymore
MMUA Substation Workshop 2 staff 2,704 2,600 2,500
MMUA T&O Conference 2 staff 541 520 500 Inventory Foreperson and Assistant attending partial
MMUA T&O Conference 1 staff 730 730 - Lead
MMUA Transformer School 2 staff 2,500 2,500 2,400
MMUA Underground School 2 staff 2,700 2,700 2,600
PCB Training 1 staff 1,250 2,500 1,250
Regional Workshop 8 staff 1,000 1,000 1,000
Tree Trimming/Chainsaw Workshop 2 staff 1,030 1,030 1,030
Leadership Training 9,000 5,543 7,500
Additional Training 3,000 3,000 3,000
19%55,357 46,422 41,655
Water
APWA Underground Utilities Inspector School 1 staff 775 700 -
AWWA National Conference 0 staff - - - June 21-24, 2026 in Washington, D.C.
AWWA MN 2 staff 500 500 500
Backflow Tester Certification Class 0 staff - - 1,125
Backflow Tester Re-Certification Class 2 staff 1,400 700 1,000 Every 3 years
Commercial Driving School 0 staff - - 3,400
MMUA Electrical Skills 1 staff 700 700 -
MMUA Competent Person Training 1 staff 1,000 1,000 -
MMUA DUEL 1 staff - - -
Professional Operator and Development 0 staff - - -
Public Works Certificate Program 1 staff 1,700 - -
Staking University 0 staff - - -
Unlicensed Electrician Continuing Education 1 staff 60 60 60
Wastewater Certification Continuing Education 4 staff 2,000 2,000 2,000
Water Certification Continuing Education 5 staff 4,000 4,000 3,000
Leadership Training 1,000 1,630 2,500
Additional Training 2,500 3,000 3,000
9%15,635 14,290 16,585
Technical Services
Advanced Staking Workshop 1 staff 1,900 1,900 1,900 Engineer
Commercial Driving School 1 staff - - 3,400
Engineering MPSYCON 1 staff 700 700 500
ESRI User Conference 1 staff - 2,000 2,000
Infrared Camera training 1 staff 2,200 2,200 2,200
Midwest ESRI User Group 2 staff 2,000 1,000 1,000 add 1 to elect
MMUA Generation School 2 staff - - -
MMUA Locator Workshop 1 staff 365 365 -
MMUA DUEL 1 staff - - -
MMUA Summer Conference 1 staff 1,250 - -
MN Electric Meter School 1 staff - 700 700
Power Quality training 2 staff 1,100 1,100 1,100
Staking University 1 staff - - -
Substation School 1 staff 1,250 1,250 1,250
UMMA summer mtg 1 staff 800 800 800
UMMA winter mtg 1 staff 750 750 750
Xylem Reach Conference 2 staff 6,000 3,000 3,000 AMI
Leadership Training - 1,304 2,500
Additional Training 2,000 2,500 2,500
4%20,315 19,569 23,600
General Ledger Account
Schools & Meetings
920.9305
75
ELK RIVER MUNCIPAL UTILITIES
TRAVEL & TRAINING BUDGET FOR 2027
Budget Budget Budget
# Attending 2027 2026 2025 Comments
Management/Commission
Advanced Training 1 staff - - -
APPA Customer Connections Conference 1 staff - - 3,000
APPA E&O Conference 3 staff 6,000 6,000 6,500 SC
APPA Legal & Regulatory Conference 1 staff 4,000 4,000 4,000 FL
APPA Legislative Rally 3 staff/comm 9,000 9,000 9,000 DC
APPA National Conference 4 comm 10,500 3,000 5,000 FL
APPA Rodeo 3 staff 4,000 2,500 2,500 Myrtle Beach, SC
APPA Training (Mgmt, CS, Fin, Eng, CIP, etc)2 staff 10,000 10,000 7,000
AWWA 2 staff 3,000 1,500 3,000 Water Certification Continuing Education
AWWA National Conference 1 staff 5,000 5,000 5,000
Clerk's Conference 1 staff 500 500 -
CPA CPE 1 staff 1,500 1,500 1,500
Engineering MPSYCON 2 staff 1,400 700 500
JTS Spring and Fall Meeting 1 staff 500 500 500
Kentucky Equipment Show 2 staff 3,000 - 3,000 odd year
Member Information Conf (NISC)2 staff 5,000 10,000 5,000
MMUA Annual Summer Meeting 3 staff/ 5 comm 10,000 7,800 7,500
MMUA DUEL 1 staff - 3,725 -
MMUA Emergency Preparedness 3 staff 2,000 1,400 2,000
MMUA Legislative Round-up 2 staff/1 comm 1,500 1,040 1,500
MMUA T&O Conference 5staff 4,000 3,640 3,500
MRWA 2 staff 1,000 1,000 1,000 Water Certification Continuing Education
PCB Workshop 1 staff - 2,500 1,250
Project Management Certification Training 1 staff - - -
SHRM Conference 1 staff 4,000 4,000
UMMA Summer Workshop 1 staff - 800 450
UMMA winter mtg 1 staff 750 750 750
Wastewater Certification Continuing Education 1 staff 500 500 500
Xylem Reach Conference 1 staff 3,000 3,000 3,000
Management Training 5,000 5,000 5,000
Leadership/Mgmt Training 1,000 2,609 5,000
Additional Training 2,000 3,000 3,000
3%98,150 94,964 92,750
Office
APPA Customer Connections Conference 1 staff - - 3,000 Communications
APPA Cybersecurity Summit 1 staff 1,500 1,500 1,500 IT
Chamber Leadership Program 1 staff 600 600 600
Clerk's Conference 1 staff - - 800 Communications
ISC2 Online Education 1 staff 3,650 500 500 IT
Member Information Conf (NISC)3 staff 7,500 7,500 7,500 IT, Comms, and CS
MMUA Stepping Into Leadership - - 3,600 not offered anymore
MRA Employment Law Update 1 staff 250 250 250
SHRM Conference 1 staff 4,000 4,000 3,000 HR
Customer Service 3,000 6,000 3,000 DUEL, Fred Pryor, NISC, Misc
Communications Training (GSMCON)1 staff 3,000 3,000 1,000 Government Social Media, Misc
Financial/Accounting (APA, NISC & Misc)3,000 3,000 3,000 APA Continuing Ed, Misc PR, Excel, Accounting Misc
IT Training (APPA, MMUA, NISC, Misc)2 staff 7,500 5,000 1,000 DUEL, Liberty Eclipse, Scale
Xylem Reach Conference 0 staff - 3,000 3,000 AMI
Leadership Training 2,000 3,913 5,000
Additional Training 1,000 1,000 1,000
-6%37,000 39,263 37,750
Safety Training
Safe Driver Training 2 staff 690 2,070 2,350 2026 cost increased $10/student to $315
Additional Training 1,000 1,000 1,000
Hearing Test 800 800 600
Labor 133,000 133,000 134,000
-1%135,490 136,870 137,950
Education
3,000 3,000 3,000
3,000 3,000 3,000
Total 364,947 354,379 353,290
Total Change 3%0%
General Ledger Account
Schools & Meetings
920.9305
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ELK RIVER MUNCIPAL UTILITIES
DUES & SUBSCRIPTIONS - FEES BUDGET FOR 2027
Budget Budget Actual
Description 2027 2026 2025
accessiBe 500 500 490
Adobe Products 8,000 8,000 7,396 Includes creative cloud, pro and sign
AMI - - -
APPA DEED Program Dues 4,000 4,000 3,819
APPA Dues 19,000 19,000 18,629
APPA Data Source - - 850
AWWA Annual Fee Dues 2,420 2,400 2,330
Bond Administrative & Management Fees 4,900 4,900 4,660 City (Disclosure Fees), Moody's, Ehlers
Citizen Serve - 4,000 -
Digicert 900 - - Changed coding from 920.9211 to 920.9303
Drug and Alcohol Random Testing 1,350 1,500 2,240
Elk River Chamber Membership 650 650 643
ESRI Small Govt Enterprise agreement - 32,578 30,636 Moved to mapping 590.5985/730.7325
Homeland Security (Hazardous Chemical Fee)700 700 700 MN Dept of Public Safety Hazardous Material Fee Wells
HR professional membership(s)1,700 1,500 1,610 SHRM and MRA
Marco Licenses, Barracuda 22,520 1,500 1,673 Changed coding from 920.9211 to 920.9303
MMUA Membership Dues 38,000 38,000 35,917
MMUA Monthly Safety Meetings 62,840 35,703 35,896
MPCA Permit Fee - Engines 25 25 25 Air annual fee and wastewater fee 1705
MRWA Annual Fee 425 400 425
PDQ Connect 2,520 - - Changed coding from 920.9211 to 920.9303
Quarterly MN Dept of Health Water Connection Fee 90,000 88,550 56,688 2026 increase of $5.50/ connection from $9.72 to $15.22
Rotary - 300 -
Survey Monkey - 500 468
SUSA Membership 250 125 125
City Shared Costs 14,000 - - Changed coding from 920.9211 to 920.9303
Miscellaneous 8,751 8,522 12,343 Detail can be provided
Total 283,451 253,353 217,563
Budget Change 12%
General Ledger Account
Dues & Subscriptions - Fees
920.9303
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UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Sara Youngs – Administrations Director
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
5.3
SUBJECT:
IT Capital Projects
ACTION REQUESTED:
None
BACKGROUND:
ERMU and City IT staff presented the Windows Server 2016 replacement project to the City
Council during the March 16, 2026, Work Session. At that time, staff explained that the amount
budgeted in 2026 for server replacements was significantly lower than the updated vendor
quotes received. However, staff explained that the project should be prioritized to maintain a
secure and supported technology environment. Due to the higher-than-anticipated project
costs, the City issued a Request for Proposals (RFP) from May 8 through May 22, 2026. The
following proposals were received:
• Computer Integration Technologies (CIT): $469,000
• Heartland Business Systems (HBS): $578,000
• Marco Technologies (Marco): $595,000
At its July 6, 2026, meeting, the City Council approved the proposal from Heartland Business
Systems (HBS) in the amount of $578,000, as it met all project requirements and best aligned
with the IT needs.
In addition, during the 2026 budget process, staff received a preliminary estimate for budgeting
purposes to upgrade the Field Services Training Room (FSB) technology to a Microsoft Teams-
enabled meeting environment. After obtaining formal quotes for the capital project, the cost is
approximately $2,000 higher than the original budgeted amount of $8,000.
DISCUSSION:
Based on the existing Memorandum of Understanding, ERMU’s portion of the IT server project
is 37%, or $213,860. ERMU’s approved 2026 budget included $33,000 for server replacements.
The additional $180,860 needed to fund ERMU’s share of the increased project cost, along with
the additional funding needed for the FSB Microsoft Teams room, will be reallocated from
previously budgeted 2026 capital projects that will not be completed.
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In accordance with Commission Policy G.4i, Financial Condition and Transactions - Paragraph 4,
staff are advising the Commission of these increased expenditures, as they exceed 10% of the
budgeted amounts.
79
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Mark Hanson, General Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
5.4
SUBJECT:
Data Center Update and Lessons Learned
ACTION REQUESTED:
Discussion Only
BACKGROUND:
On July 10, 2026, the developer withdrew its Conditional Use Permit (CUP) application for a
data center at 19178 Industrial Boulevard. This action followed a 5-0 City Council’s vote on July
6 denying an ordinance amendment permitting data centers in an industrial zone. Most
recently, on August 3, the City Council approved a twelve-month moratorium on data centers,
giving City staff and Council time to research zoning concerns. The moratorium also gives ERMU
staff time to review, update, and implement utility-specific items for all large-load customers,
including revisions to a proposed standard electric service agreement, a new market-based
large-load tariff, and fee schedule revisions.
DISCUSSION:
Although the moratorium effectively ends the tremendous opportunity a distribution-
supported data center represented, the work invested in negotiating terms, planning system
upgrades, coordinating implementation timing, and engaging the public proved extremely
valuable. The lessons learned from those efforts can be utilized for future large load
development opportunities.
Efforts Implemented:
• ERMU Distribution System Impact Study for a 33 MW load out of our West Substation
o This study confirmed ERMU’s electric distribution system could support the
requested load (23 MW now, plus an additional 10 MW in three years).
o Third-party verification is critical to reassuring the public that large-load
customers won’t impact grid reliability.
• Great River Energy (GRE); Transmission System Impact Study for a 33 MW load out of
our West Substation
o This study determined GRE’s transmission system could only support 22 MW
now, plus an additional 5 MW in five years.
o GRE’s transmission system was therefore the limiting factor in supporting the
project load as originally requested. The developer agreed to a reduced 20 MW
load to align with GRE’s capacity.
80
o Close coordination with GRE, as our transmission provider, is critical to
understanding available capacity and timing, including the need to project and
protect future load growth.
• Letter of Intent (LOI) to negotiate and document initial electric and water service terms
o ERMU staff worked with legal counsel and peer agencies to draft terms that met
the developer’s needs while limiting ERMU’s financial and operational risk. The
LOI serves as a planning tool to gauge fit for both parties.
• Electric Service Agreements (ESA) for Market-Based Large-Load Customers exceeding 10
MW
o As with the LOI, staff negotiated an electric service agreement, with legal and
peer-agency input, that met the developer’s needs while protecting ERMU and
our customers.
Under the proposed ESA, the customer funds 100% of necessary
infrastructure costs, paid before any equipment is purchased or system
upgrades are made.
The applicable tariff (described below) will use day-ahead market pricing
with a pass-through cost structure to shield our transmission and power
suppliers from added risk.
• Public engagement highlighting the significant benefits of distribution-supported large-
load customers, including data centers, for municipal utilities
o ERMU’s presence at Planning Commission and City Council meetings, and other
public forums, is critical to explaining the risk-reduction measures in place and
the operational benefits large-load customers, including data centers, bring to
our community.
Efforts Explored Awaiting Implementation:
• New Minnesota Municipal Power Agency (MMPA) Rate Structure for market-based
large-load customers exceeding 10MW
o Still in progress; MMPA has not yet released updates.
• New ERMU Rate Tariff for market-based large-load customers exceeding 10MW
o A new ERMU tariff is on hold pending release of MMPA’s new rate structure.
• Options and Benefits of registering backup generation with Midcontinent Independent
System Operator (MISO) through MMPA
o MMPA will likely waive the capacity charge for large-load customers on the new
market-based rate structure who register backup generation with MISO.
• Fee Schedule Revisions for large-load customers of 5 MW or greater
o Dedicated Feeder Charge: Large-load customers will be charged 100% of the
costs to install dedicated feeders to their facilities.
o Transformer Capacity Charge: Large-load customers will be charged a pro-rated
share of a substation transformer, depending on the requested load, ERMU’s
available capacity, and the cost to purchase and install an additional transformer
if needed.
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FINANCIAL IMPACT:
Large-load customers such as data centers can draw significant public resistance, but with the
risk-reduction measures described above, they can be safely supported – delivering meaningful
financial benefits to ERMU, the City, and our shared customers, residents, and business owners.
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UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Sara Youngs – Administrations Director
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
5.5
SUBJECT:
Midwest Municipal Transmission Group Update
ACTION REQUESTED:
None
BACKGROUND:
The Midwest Municipal Transmission Group (MMTG) was established by municipal utilities to
come together with a collective voice for participation in the transmission markets. MMTG is
comprised of 49 municipal utilities in Minnesota, Iowa, and Illinois that act as a unified group to
ensure active participation in the transmission markets that affect the membership. The goal of
the MMTG is to lower costs and increase benefits from participating directly in transmission
markets. ERMU began paying dues to MMTG in March 2006.
After several years of discussion, the Board determined that MMTG has outlived its original
purpose and that dissolving the organization is in the best interest of its members. MMTG has
retained legal counsel to assist with the dissolution process and is working to close out its
remaining obligations. As part of the dissolution, MMTG will distribute eligible remaining funds
to member utilities in accordance with its bylaws and applicable IRS requirements. Additional
information regarding ERMU’s anticipated refund will be provided once the final amount has
been determined.
DISCUSSION:
No action is requested from the Commission at this time. This item is being presented for
informational purposes to provide an update on the MMTG dissolution and the anticipated
refund to ERMU. As part of the dissolution process, MMTG requires each member utility to
formally request its refund. Staff will coordinate completion of the attached form to submitthe
request.
ATTACHMENTS:
•Contact Information for MMTG Refunding Due to Dissolution
83
Governance - Is your electric utility governed by the Mayor & City Council, or a Utility Board or Commission?
Mayor & City Council
Utility Board or Commission
Legal name of municipal electric utllity:
NOTE: This will be the entity the check is made out to when distributions are initiated.
Name of electric utility governing board chief executive:
(Mayor, Board or Commissioner Chair)
City P.O. Box
Street Address
State Zip Code
NOTE: This should be the address the check will be mailed to.
Name of chief financial officer or manager: Phone #:
Email address: Cell #:
Name of secondary contact person: Phone #:
(We suggest that this be a financial officer, such as City Clerk or Utility accountant)
Email address: Cell #:
Please scan completed and signed form and email it, or mail to Diane Knippenberg at dianek@cmpas.org
MAIL TO the following address:Central Municipal Power Agency/Services (CMPAS)
ATTN: Diane Knippenberg
7550 Corporate Way Ste 100
Eden Prairie, MN 55344
FORM MUST BE SIGNED BY AN OFFICER (Mayor or City Clerk, or Utility Board Chairman or Secretary, to officially
acknowledge receipt of this form. Checks will be issued to qualifying former MMTG members in a few weeks.
Signed: Date:
Printed name and title:
IF YOU HAVE ANY QUESTIONS ABOUT THE MMTG DISSOLUTION OR REFUNDING, PLEASE CONTACT ALLEN BONDERMAN AT
AJBonderman@gmail.com or call (712)249-3238
CONTACT INFORMATION FOR MMTG REFUNDING DUE TO DISSOLUTION
PLEASE COMPLETE BY ENTERING DATA IN EXCEL & PRINTING, OR PRINT FORM & COMPLETE MANUALLY
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Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Mark Hanson – General Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1a
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Don’t forget, Minnesota Municipal Utilities Association’s (MMUA) Summer Conference
is August 17-19, 2026! As a reminder, hotel rooms have been reserved for each of you
for arrival in St. Cloud on Monday, August 17 and departure on Wednesday, August 19.
Kathy has paid for your rooms – including incidentals – using her company credit
card. When you return, please send her your expense report with your mileage and
other expenses.
• Regarding the conference, I will be attending a pre-conference MMUA Board meeting
on Sunday, August 16, but I will not make the last day of the conference, Wednesday,
August 19, as I will be moving my son back to college.
• Connexus Energy met with the Princeton City Council on July 14 to discuss Connexus’
interest in purchasing Princeton Public Utilities. Connexus led the discussion by
responding to 21 questions submitted by the council prior to the meeting. The questions
were drafted in response to feedback received from the businesses within a local
industrial park whose power was currently provided by Connexus. They had received
notice of Princeton Public Utilities’ desire to be their electric service provider but
wanted to remain with Connexus.
• The Minnesota Municipal Power Agency (MMPA) Board of Directors met on July 28,
2026, at Chaska City Hall in Chaska, Minnesota, and via videoconference. Commissioner
Stewart and I attended. A high-level summary is below:
o The Board reviewed the Agency’s financial and operating performance for June
2026.
o Participation in the residential Clean Energy Choice program increased by 35
customers. Residential Customer penetration in the program is at 6.9%.
o The Board reviewed the presentation to be given by MMPA leadership later that
evening at the MMPA Annual Meeting.
o The Board discussed the status of electric generation and renewable natural gas
projects being pursued by the Agency.
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UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Sara Youngs – Administrations Director
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1b
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Office walk-in traffic for July consisted of 150 customers, averaging 38 customers per
week over the four-week period.
• ERMU disconnections for July.
o Cycle 4 – 5 disconnections
o Cycle 1 – 41 disconnections
o Cycle 2 – 6 disconnections
o Cycle 3 – 19 disconnections
o Cycle 4 – 15 disconnections
• Currently there is one active residential solar photovoltaic project planned or under
construction in the ERMU service territory.
• The administrations director received a Consumer Assistance Request Form from the
Minnesota Attorney General’s Office regarding ERMU’s disconnection/reconnection
process for 18938 Zumbro St. NW, Elk River.
• Current budget billing customers will receive a letter in August outlining changes to the
Budget Billing program. Historically, ERMU has adjusted Budget Billing amounts once a
year in January. Beginning in 2026, ERMU will adjust Budget Billing amounts twice a year
to provide customers with a more accurate and consistent monthly payment.
• During the week of July 26, several Minnesota water and sewer utilities were targeted in
a cybersecurity attack involving cellular-based communications. At affected sites,
Programmable Logic Controller (PLC) operating protocols were rewritten, preventing the
systems from operating automatically or being remotely monitored or controlled. ERMU
has taken precautions to remove any potential exposures and awaits additional
information and guidance from the League of Minnesota Cities. All ERMU facilities and
functions remain fully operational.
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Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Melissa Karpinski – Finance Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1c
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Bi-annual bond payments due July 31 have been paid totaling $982,878.13. The bond
payments due were the bonds from 2016 and 2018 for our Minnesota Municipal Power
Agency (MMPA) buy-in maturing in 2036 and 2048, respectively; and 2021 electric bond
and 2021 water bond for the new field services building maturing in 2051 and 2041,
respectively.
o Interest rates on our outstanding bonds have a variable interest rate over their
lifetime. Remaining rates are as follows:
2016A Bonds 2%-3%
2018A Bonds 3.5%-5%
2021B Bonds 2%-5%
2021C Bonds 2%-4%
o The bond pre-payment provisions are as follows:
2016A Bonds on or after February 1, 2025
2018A Bonds on or after February 1, 2028
2021B Bonds on or after August 1, 2031
2021C Bonds on or after August 1, 2030
• Met with Abdo on July 28 for our annual listening call. During this call we discuss how
the prior audit went and current happenings at the utility.
• Submitted workers’ compensation renewal for 2026-2027.
• Compiling 2027 budget information.
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Page 1 of 2
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Tony Mauren – Governance & Communications Manager
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1d
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• The attached bill inserts for August 2026 are a residential rebate notice sent to
residential customers and a SmartHub informational flyer sent to all customers.
• In addition to the bill insert topic, social media posts this month feature, budget billing,
811 Day, and more.
• Communications launched the SmartHub User Guide Series in July. A new video will be
released each month from July through December to help customers better understand
the many features of SmartHub. August's video is: "How to Navigate SmartHub"
• Communications is coordinating several community engagement events throughout the
summer. We have already participated in Summer Safety Camp, Popsicles with Public
Safety, the Sherburne County Fair Parade, and Night to Unite. Touch-A-Truck is our final
summer event and will take place on August 13.
• ERMU participated in the Sherburne County Fair Parade on Saturday, July 18 (picture
below). The rebate QR code displayed on the banners attached to each side of the
bucket truck proved successful, resulting in a spike in traffic to our Residential Rebates
page on July 18.
88
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Page 2 of 2
ATTACHMENTS:
• Bill Insert – Residential Rebates
• Bill Insert – Register for SmartHub
89
Know what’s cool?
Saving money with
rebates from ERMU.
See details on back.
90
Whether you are building new or refreshing
the old, it’s easier than ever to save money
and energy with rebates from ERMU.
Appliance & Home Efficiency
Lighting & Lighting Controls
Electric Vehicle Charger
VISIT ERMUMN.COM
OR SCAN HERE TO
LEARN MORE
HVAC Equipment
Heat Pumps
Yard Tools
91
REGISTER FOR SMARTHUB
WHAT YOU NEED TO REGISTER FOR SMARTHUB
To register, you will need:
• A valid email address
• Your utility account number
You can find your account number on your utility bill. If you need assistance, please contact the Elk
River Municipal Utilities (ERMU) customer service team at 763.441.2020 during regular business hours.
HOW TO REGISTER FOR SMARTHUB
Getting registered is as easy as 1-2-3.
Step 1: Visit ERMUMN.com
Step 2: Select Manage Account, then Manage Your Account (SmartHub) from the dropdown menu
Step 3: Click Register and follow the prompts
Manage your ERMU account anytime from anywhere with SmartHub.
SCAN THE QR CODE
ABOVE TO DOWNLOAD
THE SMARTHUB
MOBILE APP
WHY SMARTHUB?
SmartHub makes managing your utility account easy! You can conveniently access your current bill
and billing history, make payments, track your electric and water usage, communicate directly with
Customer Service, and much more.
Save time and money by managing your account anytime from anywhere.
WHAT YOU NEED TO REGISTER FOR SMARTHUB
You will need an email address and your account number. You
can find your account number on your bill.
MOBILE APP DOWNLOAD:
For information on how to download our free, secure SmartHub
app from the Apple or Google Play stores, scan the QR code.
HOW TO REGISTER FOR SMARTHUB
Getting started with SmartHub is as easy as 1-2-3.
Step 1: Register your account in SmartHub.
Whether through our mobile app or web portal, you can register your account, for
free, in SmartHub.
Step 2: Activate the features you want.
Now is the time to take advantage of features including Auto Pay, and Paperless
Billing to have more control over your account.
Step 3: Mange your account at anytime from anywhere.
The more features you take advantage of, the more time and money you can save!
Your life is busy and managing your account can feel complicated, with our new
SmartHub tool it won’t be.
SIGN UP FOR
SMARTHUB
SHSignUp_Article_SHSignUp.indd 1SHSignUp_Article_SHSignUp.indd 1 2/3/26 2:08 PM2/3/26 2:08 PM
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UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Thomas Geiser – Operations Director
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1e
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Working through the second round of maps for the new GIS mapping system that we
plan to move forward with in the future. I have gone through maps 1-107 to this point.
Round three/final review yet to come. Been helping staff with recording, phasing and
wire sizing for the GIS mapping as well.
• ERMU has received twenty repaired reclosers so far. The remaining 10 reclosers have
been sent away to be fixed.
• ERMU has started the Cooper switchgear replacement plan. We have replaced nine so
far.
• Staff has finished putting back into service all five of the Nova reclosers that were taken
out of service due to warranty issues back in December of 2024.
• Working on 2027 budget items.
• General Manager Mark Hanson and I attended a Minnesota Municipal Utilities
Association Safety Meeting at Brainard Utilities on August 4. There we reviewed and
assessed the safety training program.
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Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Chris Sumstad – Electric Superintendent
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1f
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Installed 12 new residential services, which involves the connection of a secondary line
once the customer requests service.
• Line crews are working with the substation apparatus technician replacing reclosers and
controllers at our Otsego substation.
• Switchgear changeouts continue on the system. This fall, we will again moisture test the
remaining oil filled switchgears.
• Crews rebuilt a section of overhead feeder line along County Road 35 west of
Meadowvale Road. This section was part of our Feeder 22 rebuild from Waco Substation
and will facilitate the roadwork soon beginning at the intersection of Meadowvale and
County Road 35.
• Tree trimming needs for the upcoming trimming season are currently being assessed.
• Oakwater Ridge first addition is scheduled for small utility install starting August 3.
Multiple homes are already under construction. Our crews recently added a pole and
moved another near the entrance to the development.
• Bore crew continues to install wire down Ogden Street. This rebuild involves many new
service installations to the meter sockets on the houses.
• Crews worked at The Villages apartment complex installing three phase primary and
setting the transformer. This will add 90 apartment units to the existing 100.
• Our two apprentice lineworkers were in Marshall July 28-30, helping Minnesota
Municipal Utilities Association (MMUA) construct the pole line for their rodeo field.
MMUA’s rodeo is part of the Overhead School they hold every September.
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Page 1 of 1
UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Mike Tietz – Technical Services Superintendent
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1g
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• In July, the locators processed 636 locate tickets. These consisted of 536 normal tickets,
2 emergency tickets, 50 updated tickets, 28 meetings, 5 boundary surveys, 4 planning
tickets and 11 cancellations. This was an 8.0% increase over last month and a 14.8%
increase over July of last year.
• In July, the electrical technicians completed 83 service order tasks, updated the power
bill, addressed customer meter issues and any off-peak concerns.
• The electrical technicians have continued to replace meters and test current
transformers at all our commercial accounts. The Advanced Metering Infrastructure
project remains at an overall completion rate of 99%.
• We will be installing rock at the East substation at the end of August. The transformer is
scheduled for delivery on September 15, and assembly and testing will be the following
week. The Otsego Transformer is scheduled for delivery on September 14 along with the
assembly and testing being done the same week. Otsego recloser controllers and tank
replacements will be completed prior to the delivery of the transformer.
• ERMU continues to expand secure communications infrastructure at its facilities. The
remaining work will reduce reliance on third-party communications and improve the
reliability of operational monitoring and physical security systems. These upgrades
support long-term service resilience, cybersecurity, and future technology needs.
• Our monthly peak was 76.78 MW on July 27, at 4:00pm.
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UTILITIES COMMISSION MEETING
TO:
ERMU Commission
FROM:
Dave Ninow – Water Superintendent
MEETING DATE:
August 11, 2026
AGENDA ITEM NUMBER:
6.1h
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Delivered a water meter, installed a Smart Point module, and took curb stop ties for 10
new water services.
• Completed 20 BACTI/Total Chlorine Residual Samples
o All confirmed negative for Coliform Bacteria.
o Bacteriological/Disinfectant Residual Monthly Report submitted to the MDH
• Completed 22 routine fluoride samples
o All samples met MDH standards
o Submitted MDH Fluoride Report
• Submitted Discharge Monitoring Report (DMR) for the Water Treatment Plants to the
Minnesota Pollution Control Agency (MPCA).
• Submitted DMR for the Diesel Generation Plant to the MPCA.
• The final report from our annual leak detection survey confirmed four leaks out of the
13 suspected leaks in the distribution system. Two of the leaks are from fire hydrants
(one of which is a privately owned hydrant), two are from water service lines. The water
operators have repaired the leaking fire hydrants, and we will notify the owners of the
leaking service lines identified.
• Submitted certification to the U.S. Environmental Protection Agency (EPA) that work has
been completed on the water system’s revised Risk and Resilience Assessment (RRA).
The assessments risk management tool, the Utility Resilience Index, rated ERMU at 73%,
one of the most favorable ratings SEH staff have ever seen. America's Water
Infrastructure Act requires community water systems to review, revise (where
applicable), and recertify their RRA to the EPA every five years.
• Water department staff continue to assist technical services staff with locating and
marking water infrastructure for the contractors currently installing fiberoptic lines
throughout the city.
• Water staff also are continuing to perform annual testing of backflow prevention
devices on residential irrigation systems as part of ERMU’s backflow prevention
program.
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• We are working on preventative maintenance for fire hydrants and repairing issues
identified during flushing and leak detection, as well as exercising distribution system
gate valves as part of the annual gate valve exercising program.
• Caydin Konzak started on July 21 as a water department seasonal employee and will
assist with grounds maintenance, fire hydrant maintenance, water main valve
exercising, and GIS mapping of water system infrastructure.
ATTACHMENTS:
• July 2026 Pumping by Well
97
Values Are Displayed in Millions of Gallons (Well #, Gallons Pumped, Percentage of Pumping)
Well #2, 12.765, 9%
Well #3, 18.971, 14%
Well #4, 20.061, 15%
Well #5, 19.339, 14%Well #6, 14.763, 11%
Well #7, 16.796, 12%
Well #8, 20.664, 15%
Well #9, 13.129, 10%
July 2026 Monthly Pumping By Well
98
Tuesday, January 13:
•Annual Review of Committee Charters
Tuesday, February 10:
•Review Strategic Plan and 2025 Annual Business
Plan Results
Tuesday, March 10:
•Oath of Office
•Election of Officers
•Annual Commissioner Orientation and Review
Governance Responsibilities and Role
Tuesday, April 14:
•Audit of 2025 Financial Report
•Financial Reserves Allocations
•Review 2025 Performance Metrics
Tuesday, May 12:
•Annual General Manager Performance
Evaluation and Goal Setting
Tuesday, June 6:
•Annual Commission Performance Evaluation
Tuesday, July 14: Tuesday, August 11:
•Annual Business Plan – Review Proposed 2027
Travel, Training, Dues, Subscriptions, and Fees
Budget
Tuesday, September 8:
•Annual Business Plan – Review Proposed 2027
Capital Projects Budget
Tuesday, October 13:
•Annual Business Plan – Review Proposed 2027
Expenses Budget
•Review and Update Strategic Plan
Wednesday, November 10:
•Annual Business Plan - Review Proposed 2027
Rates and Other Revenue
•Adopt 2027 Fee Schedule
•2027 Stakeholder Communication Plan
Tuesday, December 8:
•Adopt 2027 Official Depository and Delegate
Authority for Electronic Funds Transfers
•Designate Official 2027 Newspaper
•Approve 2027 Regular Meeting Schedule
•Adopt 2027 Governance Agenda
•Adopt 2027 Annual Business Plan
2026 GOVERNANCE AGENDA
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