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ELK RIVER MUNICIPAL UTILITIES <br />SUMMARY OF YEAR 2021 <br />BUDGETS <br />ELECTRICBUDGETSUMMARY2021 <br />ELECTRICREVENUE$39,820,488 <br />ELECTRICEXPENDITURES(38,468,940) <br />ELECTRICNETFORCAPITAL1,351,5483.39%1,109,893110%annualavgdebtsvc2.79% <br />DEBTRETIREMENT(953,000) <br />PROMISSORYNOTETOCOUNTY(206,616) <br />NETLESSDEBTPRINCIPALPMTS191,932 <br />CAPITALEQUIPMENT/CONSTRUCTION(16,979,595) <br />FUNDFROMRESERVES400,000*FieldServicesBuildingsiteprep <br />FUNDFROMRESERVES884,185*TerritoryAcquisitionAreas1&2,3&4,5&6,7&8LossofRevenue <br />BONDING12,231,000 <br />NET(3,272,478) <br />DEPRECIATION3,105,509 <br />NETTORESERVES(166,968)*Notethatthisisseparatefromabovefundingofdrawonreserves <br />WATERBUDGETSUMMARY2021 <br />WATERREVENUE$2,778,731 <br />WATEREXPENDITURES(3,093,704) <br />WATERNETFORCAPITAL(314,972)11.34% <br />DEBTRETIREMENT(282,000) <br />NETLESSDEBTPRINCIPALPMTS(596,972) <br />CAPITALEQUIPMENT/CONSTRUCTION(2,992,790) <br />FUNDFROMRESERVES855,000*Highway169Redefine <br />FUNDFROMRESERVES500,000*WaterMainConstruction(Capital) <br />BONDING1,359,000 <br />NET(875,762) <br />DEPRECIATION1,182,605 <br />NETTORESERVES306,843*Notethatthisisseparatefromabovefundingofdrawonreserves <br />Ϋ/ǒƩƩĻƓƷƌǤͲƷğƩŭĻƷƩĻƭĻƩǝĻƭğƩĻƒĻƷ͵ <br />78 <br />