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ELK RIVER MUNICIPAL UTILITIES
<br /> ELK RIVER,MINNESOTA
<br /> SUPPLEMENTARY INFORMATION
<br /> SCHEDULES OF OPERATING REVENUE AND EXPENSES-CONTINUED
<br /> FOR THE YEARS ENDED DECEMBER 31,2013 AND 2012
<br /> Electric
<br /> 2013 2012
<br /> OPERATING EXPENSES-CONTINUED
<br /> General and administrative
<br /> Salaries $ 518,761 $ 428,201
<br /> Employee pensions and benefits 979,148 947,018
<br /> Dues 81,183 96,776
<br /> Office supplies and billing expense 62,061 72,277
<br /> Office utilities and maintenance 23,752 17,934
<br /> Consulting fees 4,530 5,771
<br /> Legal and audit 59,105 59,940
<br /> Environmental compliance 20,953 25,383
<br /> Conservation improvement project 84,127 143,1 1 1
<br /> Insurance 155,915 139,018
<br /> Telephone 20,606 18,767
<br /> Advertising 5,143 4,109
<br /> Education and meetings 136,442 145,613
<br /> Miscellaneous 10,324 29,643
<br /> Total 2,162,050 2,133,561
<br /> TOTAL OPERATING EXPENSES 28,127,892 27,350,312
<br /> OPERATING INCOME 2,718,487 2,908,378
<br /> NONOPERATING REVENUES(EXPENSES)
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<br /> Interest income 81,289 117,753
<br /> Miscellaneous revenue 182,920 144,779
<br /> Interest expense (211,429) (236,261)
<br /> Gain(loss)on sale of capital assets (83,438) 2,260
<br /> TOTAL NONOPERATING
<br /> REVENUES(EXPENSES) (30,658) 28,531
<br /> INCOME BEFORE CONTRIBUTIONS AND TRANSFERS 2,687,829 2,936,909
<br />_ CAPITAL CONTRIBUTIONS-
<br /> DEVELOPER INFRASTRUCTURE AND CONNECTION FEES - -
<br /> CONTRIBUTION OF ASSETS FROM CITY -
<br /> TRANSFERS FROM OTHER CITY FUNDS
<br /> -
<br /> TRANSFERS TO OTHER CITY FUNDS (781,162) (816,864)
<br /> CHANGE IN NET POSITION 1,906,667 2,120,045
<br /> NET POSITION,JANUARY 1 29,733,284 27,613,239
<br /> NET POSITION,DECEMBER 31 $ 31,639,951 $ 29,733,284
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