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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 />BUDGETWater <br />Revenue <br />Operating Revenue <br /> Water Sales <br />WATER SALES RESIDENTIAL 155,296 589,300184,887 491,546627,331 28 61,256,746 38,031 <br />WATER SALES COMMERCIAL 67,337 315,46678,402 304,195309,664 2 (2)800,700 (5,801) <br />WATER SALES IRRIGATION 35,292 49,39545,374 43,24479,071 83 60242,304 29,675 <br />308,664 1,016,068 838,986 257,927 954,16221 6Total For Water Sales:2,299,751 61,905 <br /> Total Operating Revenue <br />257,927 954,162308,664 838,9861,016,068 21 62,299,751 61,905 <br />308,664 1,016,068 838,986 257,927 954,16221 6Total For Total Operating Revenue:2,299,751 61,905 <br />Other Operating Revenue <br /> Interest/Dividend Income <br />INTEREST & DIVIDEND INCOME 2,631 23,0603,187 19,00012,240 (36)(47)38,000 (10,819) <br />OTHER INTEREST/MISC REVENUE 0 004990(100)01,000 0 <br />3,187 12,240 19,500 2,631 23,060(37)(47)Total For Interest/Dividend Income:39,000 (10,819) <br /> Customer Penalties <br />CUSTOMER PENALTIES 0 3,8010000 (100)0 (3,801) <br />0 0 0 0 3,8010 (100)Total For Customer Penalties:0 (3,801) <br /> Connection Fees <br />WATER/ACCESS/CONNECTION FE 16,980 159,67649,100 55,000287,636 423 80110,000 127,960 <br />CUSTOMER CONNECTION FEES 7,731 13,4553,885 15,00017,811 19 3230,000 4,356 <br />BULK WATER SALES/HYDRANT R 3,936 5,9182,665 7,0003,139 (55)(47)14,000 (2,779) <br />55,650 308,587 77,000 28,647 179,049301 72Total For Connection Fees:154,000 129,538 <br /> Misc Revenue <br />RENTAL PROPERTY INCOME 0 1,8370000 (100)0 (1,837) <br />MISCELLANEOUS REVENUE 0 24005330 2,1250509 <br />HYDRANT MAINTENANCE PROGR 958 5,7269745,7495,880 2 311,500 153 <br />WATER TOWER LEASE 19,770 116,53323,061 136,194136,194 0 17274,480 19,661 <br />24,036 142,609 141,944 20,729 124,1210 15Total For Misc Revenue:285,980 18,487 <br /> Total Other Revenue <br />52,008 330,03382,874 238,444463,437 94 40478,980 133,404 <br />82,874 463,437 238,444 52,008 330,03394 40Total For Total Other Revenue:478,980 133,404 <br />309,935 1,284,195391,538 1,077,431 Total Revenue 1,479,505 37 152,778,731 195,309 <br />Expenses <br />73