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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 />PENSION EXPENSE 0 00000 020,500 0 <br />OPEB EXPENSE 0 0(44,525)0(44,525)0 020,000 (44,525) <br />INTEREST EXPENSE - METER DEP 33 202225013(95)(94)500 (188) <br />RENTAL PROPERTY EXPENSE 0 1,4260000 (100)0 (1,426) <br />(44,523)(45,179)750 134 2,641(6,124)(1,811)Total For Other Operating Expense:42,000 (47,821) <br /> Customer Accounts Expense <br />METER READING EXPENSE 189 1,0532321,2491,123 (10)72,500 69 <br />MISC CUSTOMER ACCOUNTS EXP 5,466 31,2345,778 32,50034,134 5 965,000 2,899 <br />BAD DEBT EXPENSE & RECOVER 0 004990(100)01,000 0 <br />6,010 35,257 34,249 5,656 32,2883 9Total For Customer Accounts Expense:68,500 2,969 <br /> Administrative Expense <br />SALARIES OFFICE & COMMISSION 18,670 97,64520,270 105,499116,512 10 19211,000 18,866 <br />SALARIES COVID-19 0 30,762001,791 0 (94)0 (28,971) <br />TEMPORARY STAFFING 0 004990(100)01,000 0 <br />OFFICE SUPPLIES 2,041 9,8921,046 20,62513,506 (35)3741,250 3,614 <br />ELECTRIC & WATER CONSUMPTI 746 3,3235534,0003,015 (25)(9)8,000 (308) <br />BANK FEES 44 28262349307(12)870024 <br />LEGAL FEES 451 4,9765014,0002,749 (31)(45)8,000 (2,227) <br />AUDITING FEES 345 1,9103752,2502,250 0 184,500 340 <br />INSURANCE 2,010 11,6722,130 13,00012,780 (2)926,000 1,108 <br />UTILITY SHARE - DEFERRED COM 1,109 8,6431,365 10,0009,661 (3)1220,000 1,018 <br />UTILITY SHARE - MEDICAL/DENT 13,007 86,93712,769 116,840103,745 (11)19208,500 16,808 <br />UTILITY SHARE - PERA 3,427 19,9314,060 22,99923,891 4 2046,000 3,959 <br />UTILITY SHARE - FICA 3,289 18,3853,904 22,50023,023 2 2545,000 4,637 <br />EMPLOYEE SICK PAY 2,662 10,4971,626 15,00010,022 (33)(5)30,000 (475) <br />EMPLOYEE HOLIDAY PAY 0 6,956010,1819,415 (8)3528,000 2,458 <br />EMPLOYEE VACATION & PTO PA 2,104 20,7725,023 23,09022,371 (3)840,000 1,598 <br />UPMIC DISTRIBUTION 1,867 4,3232,992 5,2504,864 (7)1310,500 541 <br />WELLHEAD PROTECTION 0 0020,0000 (100)020,000 0 <br />CONSULTING FEES 1,675 7,9049,344 6,75019,299 186 14413,500 11,394 <br />TELEPHONE 488 2,9266923,0003,201 7 96,000 274 <br />ADVERTISING 305 4,2611793,4992,164 (38)(49)7,000 (2,096) <br />DUES & SUBSCRIPTIONS - FEES 907 33,06528,150 40,16070,992 77 11580,327 37,927 <br />SCHOOLS & MEETINGS 395 7,54873224,65612,617 (49)6749,312 5,068 <br />MTCE OF GENERAL PLANT & OFFI 219 1,3141491,350894 (34)(32)2,700 (419)75