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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 JULY 2022 <br />2022 <br />JULY <br />2021 <br />JULY <br />2022 <br />YTD <br />2021 <br />YTD <br />2022 <br /> YTD <br />BUDGET <br />2022 YTD <br />Bud Var% <br />2021 v. 2022 <br />Actual Var% <br /> YTD <br />VARIANCE <br />2022 <br /> ANNUAL <br />BUDGETWater <br />Expenses <br /> Production Expense <br />MTCE OF STRUCTURES 5,960 140,6515,366 43,75051,127 17 (64)75,000 (89,523) <br />5,366 51,127 43,750 5,960 140,65117 (64)Total For Production Expense:75,000 (89,523) <br /> Pumping Expense <br />SUPERVISION 4,511 33,2855,565 38,50035,621 (7)766,000 2,335 <br />ELECTRIC & GAS UTILITIES 27,186 162,57029,336 157,500160,193 2 (1)270,000 (2,376) <br />SAMPLING 1,185 7,1001,108 8,7508,428 (4)1915,000 1,327 <br />CHEMICAL FEED 3,913 19,2385,390 21,00019,157 (9)036,000 (80) <br />MTCE OF ELECTRIC PUMPING EQ 0 3600460 2409 <br />MTCE OF WELLS 8,783 80,1218,817 93,33399,594 7 24160,000 19,472 <br />SCADA - PUMPING 189 3,2803,697 9,3338,495 (9)15916,000 5,215 <br />53,914 331,536 328,416 45,768 305,6331 8Total For Pumping Expense:563,000 25,902 <br /> Distribution Expense <br />MTCE OF WATER MAINS 30,491 70,89716,122 70,00046,411 (34)(35)120,000 (24,485) <br />LOCATE WATER LINES 1,313 9,3261,459 9,9165,901 (40)(37)17,000 (3,424) <br />MTCE OF WATER SERVICES 0 0003260 00326 <br />WATER METER SERVICE 8,944 32,7603,768 32,08350,971 59 5655,000 18,210 <br />BACKFLOW DEVICE INSPECTION 273 4,5081,905 8,3008,709 5 9315,000 4,201 <br />MTCE OF CUSTOMERS SERVICE 2,569 16,1922,730 17,79116,423 (8)130,500 231 <br />WATER MAPPING 384 6,8903,116 7,2915,162 (29)(25)12,500 (1,728) <br />MTCE OF WATER HYDRANTS - PU 883 7,47668910,5007,914 (25)618,000 438 <br />MTCE OF WATER HYDRANTS - PR 193 2253002,9161,289 (56)4705,000 1,063 <br />WATER CLOTHING/PPE 348 9,927234,0835,339 31 (46)7,000 (4,588) <br />WAGES WATER 361 3,5828565,5413,914 (29)99,500 331 <br />TRANSPORTATION EXPENSE 957 5,9651,188 8,7508,360 (4)4015,000 2,395 <br />WATER PERMIT 0 14,875018,60018,370 (1)2318,600 3,494 <br />32,162 179,095 195,775 46,722 182,628(9)(2)Total For Distribution Expense:323,100 (3,533) <br /> Depreciation & Amortization <br />DEPRECIATION 94,832 671,18791,685 661,105645,432 (2)(4)1,199,123 (25,755) <br />91,685 645,432 661,105 94,832 671,187(2)(4)Total For Depreciation & Amortization:1,199,123 (25,755) <br /> Interest Expense <br />INTEREST EXPENSE - BONDS 3,840 11,1073,833 28,03728,037 0 15246,371 16,930 <br />INTEREST EXPENSE - DEFEASED 276 (69)0 00 0 100069 <br />AMORTIZATION OF DEBT DISCOU (554)(554)(554)(3,879)(3,879)0 (600)(6,651)(3,325) <br />82