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1234ABCDEFGHIJKLMNOPQRSTUVDescription202220232024202520262027202820292030203120322033 2034 2035 2036 2037 2038 2039 2040 2041 2042Elk River Municipal Utilities Business Plan/BudgetElectric UtilityCapital Budget 2023‐20439293949596979899100101102103104105107108109110111112113114115116117118119120122123124125126127129130131132133135136137138139140141142143144145147148149150151152153154155156157158159160161162163164165167168169170171172173174175176177178179180181Communication Equipment Replacement$10,000Meter Replacement$7,500West Bank #2Transformer Replacement (Target Date 2034)$1,250,000Relay Panel Replacement $30,000$30,000Recloser Controller Replacement$6,000$18,000Recloser Tank Replacement$15,000 $15,000$15,000Communication Equipment Replacement$10,000Meter Replacement$7,500Power PlantTransformer ReplacementRelay Panel Replacement$6,000Communication Equipment Replacement$10,000Substations voltage upgrade to 115kV$2,000,000 $2,000,000 $2,000,000 $2,000,000Total Substations Budget$1,075,000 $782,000 $886,000 $1,765,000 $49,000 $48,000 $33,000 $2,156,000 $3,862,000 $2,033,000$2,138,000 $87,500 $1,271,000 $57,000 $85,000 $1,373,000$0 $150,000 $1,850,000 $68,500$0FeedersQuaday to River Road NE$500,000Rebuild 33 Feeder East of 169$350,000County Rd 35 Feeder to Waco$100,000 $100,000 $100,000Highway 10 Feeder from 101 to Jarvis$150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000Rebuild Feeder 46 Substation to Hwy 10$250,000$250,000Gravel Mine Feeders$250,000 $250,000 $250,000 $250,000 $250,000Data Center Feeder$700,000Feeder 65 Rebuild OH from Landfill to North Sub$500,000New Feeder to tie Sub14‐4 to Otsego Sub $250,000 $300,000Otsego and Hwy 10 Substations Feeder Tie$500,000Additional Feeders$750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000Total Feeders Budget$600,000 $2,100,000 $1,850,000 $750,000 $900,000 $1,400,000 $1,250,000 $900,000 $1,150,000 $1,150,000 $1,150,000 $1,150,000 $1,150,000 $900,000 $900,000 $750,000 $750,000 $750,000 $750,000 $750,000 $750,000MiscellaneousTerritory Acquisition ‐ Loss of Revenue Pmt (1991 Contract)Territory Acquisition ‐ Loss of Revenue Pmt (2015 Contract ‐ Area 1&2, 3&4, 5&6, 7&8) $884,185 $924,190 $884,185 $884,185 $421,460 $266,069 $147,231 $50,001 $50,001Total Miscellaneous Budget$884,185 $924,190 $884,185 $884,185 $421,460$266,069 $147,231 $50,001 $50,001 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0FacilitiesCovered Material Bins West Sub $50,000Vactron clean out west sub $30,000$30,000Total Facilities Budget$80,000 $30,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0SystemTransformers and Meters $543,000 $510,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000Load Management$500,000AMI$500,000 $2,500,000 $625,000New Development Distribution Installation$350,000 $350,000 $350,000$350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000Street Lighting $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000Ongoing OH Equip Replacement (Poles, Switches, Cut‐Outs)$50,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000 $75,000Ongoing URD Equip Replacement (Switches, J‐Boxes, Fuse Pads)$100,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000Fault Indicators Replacements$42,600 $50,000 $50,000 $50,000Total System Budget$1,635,600 $3,685,000 $1,550,000 $925,000 $1,375,000 $875,000$875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000 $875,000Inventory/EquipmentDigger Truck$275,000 $275,000Bucket Truck$250,000$250,000$250,000 $255,000$260,000Dump Truck/Flatbed Truck$75,000$75,000$50,000$85,000Vactron/Excavator$110,000$95,000$33,000$33,000Brush Chipper$30,000Cable Plow$110,000$165,000Replace Bore Rig$250,000Trailer$20,000$40,000$20,000 $20,000$17,000$30,000 $20,000 $15,000 $30,000 $20,000 $20,000Shared Equipment$21,600$48,000 $65,000$16,000Pickup Trucks $55,000 $55,000 $55,000$165,000$56,000 $60,000 $60,000 $62,000$192,000Mini Skid$55,000Forklift$30,000Sweeper$25,000Bobcat$80,000Snowblower$10,000Ez Spot$10,000Total Inventory/Equipment Budget$470,000 $445,000 $515,000 $400,000 $255,000 $440,000 $90,000 $260,000 $206,600 $105,000 $394,000 $125,000 $158,000 $122,000 $20,000 $207,000 $30,000 $20,000 $36,000$0$0Total$5,869,785 $8,966,190 $6,710,185 $5,399,185 $3,650,460 $3,829,069 $2,745,231 $4,491,001 $6,493,601 $4,513,000 $4,907,000 $2,587,500 $3,804,000 $2,054,000 $1,880,000 $3,205,000 $1,655,000 $1,795,000 $3,511,000 $1,693,500 $1,625,000Reserves$2,884,185 $4,924,190 $3,109,185 $2,634,185 $421,460 $266,069 $147,231$2,050,001 $2,050,001 $2,000,000 $2,000,000$1,250,000$1,250,000$1,850,000BondingTotal Less Additional Funding$2,985,600 $4,042,000 $3,601,000 $2,765,000 $3,229,000 $3,563,000 $2,598,000 $2,441,000 $4,443,600 $2,513,000 $2,907,000 $2,587,500 $2,554,000 $2,054,000 $1,880,000 $1,955,000 $1,655,000 $1,795,000 $1,661,000 $1,693,500 $1,625,000Difference from Previous Year($34,900) $1,056,400 ($441,000) ($836,000) $464,000 $334,000 ($965,000) ($157,000) $2,002,600 ($1,930,600) $394,000 ($319,500) ($33,500) ($500,000) ($174,000) $75,000 ($300,000) $140,000 ($134,000) $32,500 ($68,500)Non‐Capital Expenses ‐ NoteworthyComputers/iPads$6,000 $21,200 $6,050 $6,800 $3,500 $3,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500 $8,500Paint Trailer$6,000Paint Transformers/Switchgear$10,000Tools$10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,00089
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