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ELK RIVER MUNICIPAL UTILITIES <br /> ELK RIVER,MINNESOTA <br /> STATEMENTS OF REVENUES,EXPENSES AND CHANGES IN NET POSITION <br /> FOR PERIOD ENDING DECEMBER 2018 <br /> 2018 2018 <br /> 2018 2018 YTD ANNUAL 2018 YTD 2017 2017 YTD 2017 v.2018 <br /> Electric DECEMBER YTD BUDGET BUDGET Bud Var% DECEMBER YTD VARIANCE Actual Var% <br /> 920.9267 UPMIC DISTRIBUTION 6,369 48,416 0 0 0 0 0 48,416 0 <br /> 920.9291 CONSULTING FEES 750 52,986 135,000 135,000 (61) 0 49,511 3,474 7 <br /> 920.9301 TELEPHONE 1,675 20,403 21,168 21,168 (4) 406 19,676 726 4 <br /> 920.9302 ADVERTISING 2,399 28,238 18,000 18,000 57 14,039 24,111 4,127 17 <br /> 920.9303 DUES&SUBSCRIPTIONS-FEES 7,194 218,371 184,000 184,000 19 7,045 86,233 132,138 153 <br /> 920.9304 TRAVEL EXPENSE 0 5,235 0 0 0 0 23,832 (18,596) (78) <br /> 920.9305 SCHOOLS&MEETINGS 13,272 143,971 221,584 221,584 (35) 13,062 117,131 26,839 23 <br /> 920.9321 MTCE OF GEN PLANT/OFF HEATIN 430 5,160 11,000 11,000 (53) (861) 6,965 (1,805) (26) <br /> Total For Administrative Expense: 244,043 3,024,861 3,333,718 3,333,718 (9) 337,687 2,970,771 54,089 2 <br /> General Expense <br /> 920.9269 CIP REBATES-RESIDENTIAL 870 8,125 17,250 17,250 (53) (2,673) 8,994 (869) (10) <br /> 920.9270 CIP REBATES-COMMERCIAL 0 245 104,000 104,000 (100) 15,717 35,541 (35,296) (99) <br /> 920.9271 CIP-ADMINISTRATION 45 695 177,603 177,603 (100) 5,923 6,418 (5,723) (89) <br /> 920.9272 CIP-MARKETING 192 7,507 32,600 32,600 (77) 59 9,778 (2,271) (23) <br /> 920.9273 CIP-LABOR 10,543 137,261 106,079 106,079 29 3,857 50,796 86,464 170 <br /> 920.9274 CIP REBATES-LOW INCOME 0 0 2,638 2,638 (100) (5,609) 0 0 (100) <br /> 920.9275 CIP-LOW INCOME LABOR 368 13,604 0 0 0 0 0 13,604 0 <br /> 920.9281 ENVIRONMENTAL COMPLIANCE 2,310 27,895 25,264 25,264 10 1,982 24,334 3,561 15 <br /> 920.9306 MISC GENERAL EXPENSE 8,945 10,945 3,048 3,048 259 2,543 2,280 8,665 380 <br /> Total For General Expense: 23,276 206,280 468,482 468,482 (56) 21,801 138,145 68,134 49 <br /> Total Expenses(before Operating Transfers) <br /> 2,875,790 35,529,561 35,513,799 35,513,799 0 2,908,166 33,486,266 2,043,295 6 <br /> Operating Transfer <br /> Operating Transfer/Other Funds <br /> 597.8262 TRANSFER TO CITY 4%ER REVEN 81,251 1,188,663 1,165,000 1,165,000 2 89,668 1,113,263 75,399 7 <br /> Total For Operating Transfer/Other Funds: 81,251 1,188,663 1,165,000 1,165,000 2 89,668 1,113,263 75,399 7 <br /> Utilities&Labor Donated <br /> 597.8261 UTILITIES&LABOR DONATED 17,364 215,295 232,006 232,006 (7) 18,167 202,421 12,874 6 <br /> Total For Utilities&Labor Donated: 17,364 215,295 232,006 232,006 (7) 18,167 202,421 12,874 6 <br /> Total Operating Transfer <br /> Total For Total Operating Transfer: 98,615 1,403,959 1,397,006 1,397,006 0 107,835 1,315,685 88,274 7 <br /> Net Income Profit(Loss) (195,039) 2,898,262 1,045,274 1,045,274 177 (391,233) 1,967,180 931,082 47 <br /> 58 <br />