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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 OCTOBER 2021 <br /> 2021 2021 <br /> 2021 2021 YTD ANNUAL 2021 YTD 2020 2020 YTD 2020 v.2021 <br /> Electric OCTOBER YTD BUDGET BUDGET Bud Var% OCTOBER YTD VARIANCE Actual Var% <br /> OFFICE SUPPLIES 7,159 59,995 137,500 165,000 (56) 5,738 101,519 (41,524) (41) <br /> ELECTRIC&WATER CONSUMPTI 1,953 21,050 25,833 31,000 (19) 2,031 22,165 (1,114) (5) <br /> BANK FEES 178 1,880 2,200 2,640 (14) 175 1,869 11 1 <br /> LEGAL FEES 2,006 19,396 26,666 32,000 (27) 1,648 29,038 (9,641) (33) <br /> AUDITING FEES 1,413 14,133 15,000 18,000 (6) 1,380 13,160 973 7 <br /> INSURANCE 13,262 131,102 145,833 175,000 (10) 13,106 144,003 (12,901) (9) <br /> UTILITY SHARE-DEFERRED COM 6,423 94,367 97,916 117,500 (4) 4,548 83,686 10,681 13 <br /> UTILITY SHARE-MEDICAL/DENT 54,663 653,336 693,233 807,166 (6) 57,549 626,077 27,258 4 <br /> UTILITY SHARE-PERA 21,921 219,525 224,950 269,940 (2) 20,720 209,805 9,719 5 <br /> UTILITY SHARE-FICA 20,575 210,756 210,541 252,650 0 18,897 196,320 14,436 7 <br /> EMPLOYEE SICK PAY 15,801 111,404 105,833 127,000 5 11,424 101,764 9,640 9 <br /> EMPLOYEE HOLIDAY PAY 0 76,147 75,545 138,500 1 0 73,979 2,167 3 <br /> EMPLOYEE VACATION&PTO PA 24.084 194,196 196,181 230,000 (1) 23,106 193,262 933 0 <br /> UPMIC DISTRIBUTION 0 42,540 46,500 62,000 (9) 0 42,118 422 1 <br /> CONSULTING FEES 1,850 30,746 60,166 72,200 (49) 3,094 50,768 (20,021) (39) <br /> TELEPHONE 2,822 25,700 25,833 31,000 (1) 2,408 24,177 1,523 6 <br /> ADVERTISING 2,040 11,884 12,500 15,000 (5) 500 9,495 2,389 25 <br /> DUES&SUBSCRIPTIONS-FEES 9,613 207,336 183,411 220,093 13 10,559 92,237 115,098 125 <br /> SCHOOLS&MEETINGS 22,479 106,550 160,440 198,811 (34) 20,787 94,084 12,466 13 <br /> MTCE OF GENERAL PLANT&OFFI 596 5,965 7,500 9,000 (20) 877 8,770 (2,804) (32) <br /> Total For Administrative Expense: 275,881 2,930,089 3,091,919 3,740,500 (5) 263,806 2,881,766 48,322 2 <br /> General Expense <br /> CIP REBATES-RESIDENTIAL 3,529 36,075 55,875 67,050 (35) 5.614 33,943 2,131 6 <br /> CIP REBATES-COMMERCIAL 0 75,332 185,166 222,200 (59) 636 111,961 (36,628) (33) <br /> CIP-ADMINISTRATION 424 4,569 68,056 81,668 (93) 464 3,488 1,081 31 <br /> CIP-MARKETING 1,315 23,790 38,333 46,000 (38) 594 14,375 9,415 66 <br /> CIP-LABOR 12,031 121,704 83,402 100,083 46 15,459 121,431 272 0 <br /> CIP REBATES-LOW INCOME 0 6,635 12,916 15,500 (49) 0 0 6,635 0 <br /> CIP-LOW INCOME LABOR 919 8,789 12,916 15,500 (32) 972 7,235 1,553 21 <br /> ENVIRONMENTAL COMPLIANCE 2,456 27,358 26,617 32,200 3 2.516 25,108 2,250 9 <br /> MISC GENERAL EXPENSE 3 5,928 2,083 2,500 185 479 (55) 5,983 10,686 <br /> Total For General Expense: 20,680 310,183 485,368 582,701 (36) 26,738 317,487 (7,304) (2) <br /> Total Expenses(before Operating Transfers) <br /> 3,233,359 32,211,484 31.081,970 36,864,171 4 2.648,141 29,084,078 3,127,406 11 <br /> Operating Transfer <br /> 66 <br />