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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 /> Production Expense <br />MTCE OF STRUCTURES 5,391 17,5806,611 30,600134,690 340 66661,200 117,110 <br />6,611 134,690 30,600 5,391 17,580340 666Total For Production Expense:61,200 117,110 <br /> Pumping Expense <br />SUPERVISION 3,934 27,4555,411 31,50028,774 (9)563,000 1,319 <br />ELECTRIC & GAS UTILITIES 28,784 125,05332,253 120,000135,384 13 8240,000 10,330 <br />SAMPLING 939 4,2808877,5005,915 (21)3815,000 1,634 <br />CHEMICAL FEED 3,183 10,6705,777 13,99915,324 9 4428,000 4,654 <br />MTCE OF ELECTRIC PUMPING EQ 0 000360 0036 <br />MTCE OF WELLS 8,495 54,7979,237 87,49971,338 (18)30175,000 16,540 <br />SCADA - PUMPING 297 1,4011,540 4,9993,090 (38)12110,000 1,689 <br />55,108 259,864 265,499 45,635 223,658(2)16Total For Pumping Expense:531,000 36,206 <br /> Distribution Expense <br />MTCE OF WATER MAINS 11,787 26,2688,393 42,49940,405 (5)5485,000 14,137 <br />LOCATE WATER LINES 954 4,5891,420 7,9998,012 0 7516,000 3,422 <br />WATER METER SERVICE 6,167 20,76810,617 22,50023,815 6 1545,000 3,047 <br />BACKFLOW DEVICE INSPECTION 678 6788436,6004,234 (36)52515,000 3,556 <br />MTCE OF CUSTOMERS SERVICE 1,983 11,1712,297 12,49913,623 9 2225,000 2,451 <br />WATER MAPPING 1,615 4,6583,600 6,0006,506 8 4012,000 1,848 <br />MTCE OF WATER HYDRANTS - PU 1,267 3,1744,194 10,0006,592 (34)10820,000 3,417 <br />MTCE OF WATER HYDRANTS - PR 980 1,427323,49932 (99)(98)7,000 (1,395) <br />WATER CLOTHING/PPE 335 5,2611,089 4,9999,578 92 8210,000 4,317 <br />WAGES WATER 0 2,7855813,7503,221 (14)167,500 435 <br />TRANSPORTATION EXPENSE 202 3,7961,157 7,5005,007 (33)3215,000 1,210 <br />WATER PERMIT 0 12,396015,00014,875 (1)2015,000 2,478 <br />34,228 135,906 142,849 25,972 96,977(5)40Total For Distribution Expense:272,500 38,928 <br /> Depreciation & Amortization <br />DEPRECIATION 95,111 568,06995,319 591,591576,354 (3)11,182,604 8,285 <br />95,319 576,354 591,591 95,111 568,069(3)1Total For Depreciation & Amortization:1,182,604 8,285 <br /> Interest Expense <br />INTEREST EXPENSE - BONDS 1,962 12,5668217,5657,266 (4)(42)14,288 (5,300) <br />INTEREST EXPENSE - DEFEASED (69)(414)0 (414)(345)17 17(829)69 <br />821 6,920 7,150 1,893 12,152(3)(43)Total For Interest Expense:13,459 (5,231) <br /> Other Operating Expense <br />LOSS ON DISPOSITION OF PROP (C 0 180000 (100)0 (18) <br />DAM MAINTENANCE EXPENSE 100 9940499(667)(233)(167)1,000 (1,661)74