Laserfiche WebLink
ELK RIVER MUNICIPAL UTILITIES <br /> ELK RIVER,MINNESOTA <br /> NOTES TO FINANCIAL STATEMENTS <br /> DECEMBER 31,2012 AND 2011 <br /> Note 2: DETAILED NOTES ON ALL FUNDS-CONTINUED <br /> D. Interfund receivables,payables and transfer <br /> The composition of interfund balances at December 31, 2012 is as follows: <br /> Receivable Fund Payable Fund Amount Purpose <br /> Electric City-General fund $ 1,115 Electric sales tax paid by City <br /> Electric City-Nonmajor 65 Electric sales taxpaid by City <br /> Electric City-Sewer 361 City share of project costs <br /> Electric City-Garbage 3,541 City share of project costs <br /> Electric City-General fund 1,756 Electric share of insurance dividends <br /> Total Electric fund receivable from City 6,839 <br /> Water City-General fund 439 Electric share of insurance dividends <br /> Water City-Capital projects fund 128,850 TIF 22 Water Access Charge <br /> Total Water fund receivable from City 129,289 <br /> Total receivable from City $ 136,128 <br /> City-General fund Electric $ 46,804 Shared building maint.costs <br /> City-multiple funds Electric 57,938 December transfer of 3%of revenue <br /> City-General fund Electric 48,422 Electric share of insurance <br /> City-General fund Electric 1,836 Electric share of vehicle maint. <br /> City-General fund Electric 6,982 Electric share of fuel <br /> City-General fund Electric 64,244 Electric share of project costs <br /> City-Sewer Electric 128,803 Billed sewer on behalf of City <br /> City-Garbage Electric 108,492 Billed garbage on behalf of City <br /> Total Electric fund payable to City 463,520 <br /> City-General fund Water 11,701 Shared building maint.costs <br /> City-General fund Water 1,787 Water share of fuel <br /> City-General fund Water 1,424 Water share of vehicle maint. <br /> City-General fund Water 19,438 Water share of project costs <br /> City-General fund Water 7,728 Water share of insurance <br /> Total Water fund payable to City 42,078 <br /> Total payable to City $ 505,598 <br /> 45 <br />