|
ELK RIVER MUNICIPAL UTILITIES
<br /> ELK RIVER,MINNESOTA
<br /> WATER BALANCE SHEET
<br /> Current Month
<br /> Change from
<br /> October 31,2021 September 30,2021 Prior Month
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> CASH 10,215,030 9,910,996 304,034
<br /> ACCOUNTS RECEIVABLE 357,631 516,258 (158,627)
<br /> INVENTORIES 20,599 25,678 (5,079)
<br /> PREPAID ITEMS 51,307 49,002 2,305
<br /> CONSTRUCTION IN PROGRESS 916,243 41,645 874,598
<br /> TOTAL CURRENT ASSETS 11,560,811 10,543,580 1,017,231
<br /> RESTRICTED ASSETS
<br /> EMERGENCY RESERVE FUND 1,337,479 1,336,947 532
<br /> TOTAL RESTRICTED ASSETS 1,337,479 1,336,947 532
<br /> FIXED ASSETS
<br /> PRODUCTION 14,838,371 14,805,401 32,970
<br /> DISTRIBUTION 23,632,641 23,632,641 0
<br /> GENERAL 1,070,546 1,070,546 0
<br /> FIXED ASSETS(COST) 39,541,558 39,508,588 32,970
<br /> LESS ACCUMULATED DEPRECIATION (20,813,103) (20,718,785) (94,318)
<br /> TOTAL FIXED ASSETS,NET 18,728,455 18,789,802 (61,348)
<br /> INTANGIBLE ASSETS
<br /> OTHER ASSETS AND DEFERRED OUTFLOWS 43,701 43,701 0
<br /> TOTAL ASSETS 31,670,446 30,714,031 956,415
<br /> LIABILITIES AND FUND EQUITY
<br /> CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 1,185,050 315,714 869,336
<br /> SALARIES AND BENEFITS PAYABLE 111,307 136,439 (25,131)
<br /> DUE TO CITY 2,360 1,036 1,324
<br /> UNEARNED REVENUE 178,869 171,633 7,235
<br /> TOTAL CURRENT LIABILITIES 1,477,586 624,822 852,764
<br /> LONG TERM LIABILITIES
<br /> DUE TO CITY 43,800 43,800 0
<br /> BONDS PAYABLE,LESS CURRENT PORTION 2,016,356 2,016,910 (554)
<br /> PENSION LIABILITIES 446,537 446,537 0
<br /> TOTAL LONG TERM LIABILITIES 2,506,693 2,507,247 (554)
<br /> TOTAL LIABILITIES 3,984,278 3,132,069 852,209
<br /> DEFERRED INFLOWS OF RESOURCES 21,807 21,807 0
<br /> FUND EQUITY
<br /> RETAINED EARNINGS 26,706,999 26,706,999 0
<br /> NET INCOME(LOSS)(THROUGH PREVIOUS MONTH) 957,362 853,156 104,206
<br /> TOTAL FUND EQUITY 27,664,361 27,560,155 104,206
<br /> TOTAL LIABILITIES&FUND EQUITY 31,670,446 30,714,031 956,415
<br /> 54
<br />
|