|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER,
<br />MINNESOTA
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />FOR PERIOD ENDING APRIL 2019
<br />2019
<br />2019
<br />2019
<br />2019
<br />YTD
<br />ANNUAL
<br />2019 YTD
<br />2018
<br />2018
<br />YTD
<br />2018 v. 2019
<br />Water
<br />APRIL
<br />YTD
<br />BUDGET
<br />BUDGET
<br />Bud Var%
<br />APRIL
<br />YTD
<br />V_4RLANCE
<br />Actual Var^/o
<br />Revenue
<br />Operating Revenue
<br />Water Sales
<br />121,237
<br />501,662
<br />442,417
<br />2,240,089
<br />13
<br />117,309
<br />483,341
<br />18,321
<br />4
<br />Total Operating Revenue
<br />121,237
<br />501,662
<br />442,417
<br />2,240,089
<br />13
<br />117,309
<br />483,341
<br />18,321
<br />4
<br />Other Operating Revenue
<br />Interest/Dividend Income
<br />3,100
<br />14,235
<br />6,950
<br />20,850
<br />105
<br />1,664
<br />5,864
<br />8,371
<br />143
<br />Customer Penalties
<br />766
<br />4,931
<br />5,952
<br />18,000
<br />(17)
<br />2,353
<br />4,055
<br />875
<br />22
<br />Connection Fees
<br />11,160
<br />96,356
<br />74,666
<br />224,000
<br />29
<br />57,462
<br />104,035
<br />(7,679)
<br />(7)
<br />Misc Revenue
<br />20,093
<br />81,336
<br />78,866
<br />265,552
<br />3
<br />19,587
<br />77,744
<br />3.591
<br />5
<br />Total Other Revenue
<br />35,120
<br />196,858
<br />166,435
<br />528,402
<br />18
<br />81,067
<br />191,700
<br />5,158
<br />3
<br />Total Revenue
<br />156,358
<br />698,521
<br />608,853
<br />2,768,491
<br />15
<br />198,377
<br />675,041
<br />23,479
<br />3
<br />Expenses
<br />Production Expense
<br />3,489
<br />22,284
<br />17,166
<br />51,500
<br />30
<br />2,218
<br />16,219
<br />6,065
<br />37
<br />Pumping Expense
<br />37,280
<br />150,882
<br />170,375
<br />540,464
<br />(11)
<br />44,500
<br />154,778
<br />(3,895)
<br />(3)
<br />Distribution Expense
<br />15,596
<br />71,554
<br />101,108
<br />272,163
<br />(29)
<br />9,597
<br />54,218
<br />17,336
<br />32
<br />Depreciation & Amortization
<br />96,492
<br />385,329
<br />383,794
<br />1,175,214
<br />0
<br />101,251
<br />404,363
<br />(19,034)
<br />(5)
<br />Interest Expense
<br />2,682
<br />11,477
<br />11,477
<br />32,939
<br />0
<br />3,429
<br />14,430
<br />(2,952)
<br />(20)
<br />Other Operating Expense
<br />96
<br />2,404
<br />833
<br />7,500
<br />189
<br />72
<br />1,332
<br />1,072
<br />81
<br />Customer Accounts Expense
<br />5,037
<br />20,277
<br />23,833
<br />71,500
<br />(15)
<br />5,229
<br />21,260
<br />(982)
<br />(5)
<br />Administrative Expense
<br />51,029
<br />241,796
<br />255,825
<br />749,331
<br />(5)
<br />44,226
<br />211,996
<br />29,800
<br />14
<br />General Expense
<br />760
<br />3,660
<br />4,124
<br />12,373
<br />(11)
<br />685
<br />2,698
<br />961
<br />36
<br />Total Expenses(hefore Operating
<br />Transfers) 212,466
<br />909,666
<br />968,538
<br />2,912,985
<br />(6)
<br />211,209
<br />881,297
<br />28,369
<br />3
<br />Operating Transfer
<br />Net Income Profit(Loss)
<br />(56,108)
<br />(211,144)
<br />(359,685)
<br />(144,494)
<br />41
<br />(12,932)
<br />(206,255)
<br />(4,889)
<br />2
<br />48
<br />
|