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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 JUNE 2021 <br />2021 <br />JUNE <br />2020 <br />JUNE <br />2021 <br />YTD <br />2020 <br />YTD <br />2021 <br /> YTD <br />BUDGET <br />2021 YTD <br />Bud Var% <br />2020 v. 2021 <br />Actual Var% <br /> YTD <br />VARIANCE <br />2021 <br /> ANNUAL <br />BUDGETElectric <br />BANK FEES 177 1,0711901,3201,150 (13)72,640 79 <br />LEGAL FEES 4,214 19,8202,105 16,00012,637 (21)(36)32,000 (7,182) <br />AUDITING FEES 1,380 7,6401,500 9,0009,000 0 1818,000 1,360 <br />INSURANCE 12,217 92,09613,106 87,49978,639 (10)(15)175,000 (13,457) <br />UTILITY SHARE - DEFERRED COM 6,252 63,7297,290 58,75069,388 18 9117,500 5,658 <br />UTILITY SHARE - MEDICAL/DENT 58,644 397,95053,496 465,367439,058 (6)10807,166 41,107 <br />UTILITY SHARE - PERA 20,824 126,99522,449 134,970129,443 (4)2269,940 2,447 <br />UTILITY SHARE - FICA 20,762 119,54221,519 126,325124,654 (1)4252,650 5,112 <br />EMPLOYEE SICK PAY 8,290 64,8089,505 63,49964,838 2 0127,000 29 <br />EMPLOYEE HOLIDAY PAY 0 49,773050,36350,134 0 1138,500 360 <br />EMPLOYEE VACATION & PTO PA 14,951 128,37615,625 128,545122,504 (5)(5)230,000 (5,871) <br />UPMIC DISTRIBUTION 16,023 28,50616,386 31,00026,091 (16)(8)62,000 (2,414) <br />CONSULTING FEES 6,703 31,9222,600 36,10023,212 (36)(27)72,200 (8,709) <br />TELEPHONE 2,404 14,5832,625 15,49914,373 (7)(1)31,000 (210) <br />ADVERTISING 1,220 6,5447167,5007,144 (5)915,000 600 <br />DUES & SUBSCRIPTIONS - FEES 8,716 53,5869,551 110,046166,567 51 211220,093 112,980 <br />SCHOOLS & MEETINGS 9,050 51,5685,523 100,79754,755 (46)6198,811 3,186 <br />MTCE OF GENERAL PLANT & OFFI 877 5,2625964,5003,579 (20)(32)9,000 (1,682) <br />261,511 1,875,136 1,928,085 271,082 1,833,136(3)2Total For Administrative Expense:3,740,500 42,000 <br /> General Expense <br />CIP REBATES - RESIDENTIAL 4,612 13,6083,320 33,52517,859 (47)3167,050 4,251 <br />CIP REBATES - COMMERCIAL 14,088 57,0970111,10011,298 (90)(80)222,200 (45,798) <br />CIP - ADMINISTRATION 1,129 1,37346440,8342,869 (93)10981,668 1,496 <br />CIP - MARKETING 1,624 7,7244,236 22,99917,747 (23)13046,000 10,023 <br />CIP - LABOR 14,156 69,88912,830 50,04174,276 48 6100,083 4,387 <br />CIP REBATES - LOW INCOME 0 08657,7506,635 (14)015,500 6,635 <br />CIP - LOW INCOME LABOR 818 3,7879527,7505,435 (30)4415,500 1,647 <br />ENVIRONMENTAL COMPLIANCE 2,415 14,3522,820 15,45215,620 1 932,200 1,267 <br />MISC GENERAL EXPENSE 398 (491)217 1,2495,912 373 1,3042,500 6,403 <br />25,707 157,655 290,703 39,243 167,342(46)(6)Total For General Expense:582,701 (9,686) <br />Total Expenses(before Operating Transfers) <br />3,184,126 16,608,9213,537,870 17,168,36917,869,926 4 836,864,171 1,261,004 <br />Operating Transfer <br /> Operating Transfer/Other Funds <br />TRANSFER TO CITY ELK RIVER R 108,924 611,257119,859 626,740640,757 2 51,374,768 29,49971