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ELK RIVER MUNICIPAL UTILITIES <br />SUMMARY OF YEAR 2021 <br />BUDGETS <br />ELECTRICBUDGETSUMMARY2021 <br />ELECTRICREVENUE$39,820,488 <br />ELECTRICEXPENDITURES(38,321,494) <br />ELECTRICNETFORCAPITAL1,498,9943.76%1,109,893110%annualavgdebtsvc2.79% <br />DEBTRETIREMENT(953,000) <br />PROMISSORYNOTETOCOUNTY(206,616) <br />NETLESSDEBTPRINCIPALPMTS339,378 <br />CAPITALEQUIPMENT/CONSTRUCTION(17,329,595) <br />FUNDFROMRESERVES1,000,000*FieldServicesBuildingsiteprep <br />FUNDFROMRESERVES884,185*TerritoryAcquisitionAreas1&2,3&4,5&6LossofRevenue <br />BONDING12,231,000 <br />NET(2,875,032) <br />DEPRECIATION3,105,509 <br />NETTORESERVES230,478*Notethatthisisseparatefromabovefundingofdrawonreserves <br />WATERBUDGETSUMMARY2021 <br />WATERREVENUE$2,778,731 <br />WATEREXPENDITURES(3,092,412) <br />WATERNETFORCAPITAL(313,680)11.29% <br />DEBTRETIREMENT(282,000) <br />NETLESSDEBTPRINCIPALPMTS(595,680) <br />CAPITALEQUIPMENT/CONSTRUCTION(2,157,790) <br />FUNDFROMRESERVES500,000*WaterMainConstruction(Capital) <br />BONDING1,359,000 <br />NET(894,470) <br />DEPRECIATION1,215,839 <br />NETTORESERVES321,369*Notethatthisisseparatefromabovefundingofdrawonreserves <br />Ϋ/ǒƩƩĻƓƷƌǤͲƷğƩŭĻƷƩĻƭĻƩǝĻƭğƩĻƒĻƷ͵ <br />61 <br />