|
Variance Item
<br />999046(3)9(6)25609
<br />(0)(0)(4)(9)(11)
<br />14
<br />45(7)30(9)141517(12)1066
<br />(41)(5)(27)
<br />154(2)146(10)
<br />(100)(1)(100)(4)(100)(8)
<br />Var%
<br />2023 Actual
<br />(40)
<br />694
<br />11,72314,93911,09376,02371,98571,28930,24636,41982,76491,36925,997
<br />(58,784)(35,950)(23,427)(23,586)
<br />305,720189,782567,755144,082109,446140,454117,366367,624
<br />(669,995)(451,880)(438,152)
<br />2,177,4091,019,635
<br />(1,490,850)
<br /> YTD2022 v.
<br />2022
<br />5,58944,0651,14320,693
<br />92,995669,99558,212438,152
<br />2022
<br />AUGUSTYTDVARIANCE
<br />4,800128,5911,494,050
<br />BUDGET
<br /> ANNUAL
<br />Bud Var%
<br />2023 YTD
<br />0000810,83269,425568,611
<br />52601,681,653147,527995,080
<br />(743)(0)260,00021,637171,896
<br />43
<br />YTD 2023
<br />3,2009,19941,74045474,109
<br />2023
<br /> YTDBudget
<br />BUDGETVariance
<br />ELK RIVER, MINNESOTA
<br />ELK RIVER MUNICIPAL UTILITIES
<br />FOR PERIOD ENDING AUGUST 2023
<br />3,200
<br />2023
<br />000000000000
<br />400
<br />9,88366,46733,33333,1339950,00010,955(123,316)
<br />5,79644,02546,667(2,642)(6)70,0008,64950,939
<br />20,418144,278155,955(11,678)(7)238,65820,980132,55526,224178,518187,866(9,348)(5)285,47126,465163,57921,602172,590173,33332,012194,817166,66728,15117250,00047,847183,72511,94584,886146,667(61,781)(42
<br />)220,00039,875143,67024,544231,735209,83321,90110321,00019,179159,75030,933309,929244,70065,22927369,46624,182238,64066,412545,184545,18435,408286,178267,66718,5117401,50033,324249,76029,782251,08838
<br />8,406(137,318)(35)582,60945,199274,67318,333177,795160,00017,79511240,00019,581151,798
<br />376,5732,441,4272,165,809275,618133,385,657354,0412,135,707
<br />148,817890,812620,821269,99143936,231162,319814,788202,6561,236,982967,487269,494281,456,231353,9911,688,862199,4301,146,4721,056,00090,47291,540,500114,1521,002,390263,7692,108,3022,120,232(11,930)(
<br />1)3,220,836251,0801,998,857301,9812,580,5062,753,618(173,113)(6)4,128,585287,4962,440,052155,2201,086,4491,085,923173,5531,264,2441,245,92318,32111,921,653167,1071,146,877
<br />(158,536)(187,783)(257,721)69,937271,465,02894,381(555,407)
<br />3,863,09026,206,94227,148,073(941,131)(3)42,041,3263,670,65324,029,5334,308,30829,146,95529,834,237(687,283)(2)46,215,9124,222,36628,127,3204,510,96430,383,93630,801,725(417,788)(1)47,672,1434,576,35
<br />829,816,1823,529,24421,753,11822,172,017(418,899)(2)32,766,0253,405,88921,789,068
<br />4,495,94829,307,47629,813,522(506,047)(2)44,285,4624,314,86929,224,712
<br />2023
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />AUGUSTYTD
<br />YTD Budget variance is due to an even budget spread for misc distribution expense. PYTD variance is mainly due to increased labor (inventory, tool repair, maintenance of rubber goods,
<br /> electrical apparatus maintenance/repair, and grounds testing/maintenance) expense in 2023 (inventory & procurement assistant).
<br />YTD Budget and PYTD variance is due to less than average connection fees in 2023.YTD Budget variance is mainly due to a conservative budgeted amount for contribution from customers.YTD
<br /> Budget variance is mainly due to increased interest rate on deposits and timing issue of budgeted amount for loss on disposition of property. PTYD variance id due mainly due to increased
<br /> interest rates on deposits in 2023.YTD Budget variance is mainly due to less rebate dollars spent than budgeted.PYTD variance due to Furniture & Things energy audit expense of $29K.
<br />
<br />ItemVariance of +/- $25,000 and +/- 15%(1)PYTD variance is due to accrual of PCA revenue in 2022 (See Rate Increase on Detailed Statement). (2)Budget variance is due to conservative
<br /> budgeted amount. PYTD variance is due to the change in Fair Market Value of Investments. (3)Budget variance is due to higher than average over last two years.(4)PYTD variance is due
<br /> to the LFG Project coming to an end in 2022.(5)(6)(7)PYTD variance is mainly due to increased labor for snow removal, additional supplies and increased electric and natural gas expense
<br /> for new field services building in 2023. (8)PYTD variance is due to the LFG Project coming to an end in 2022.(9)(10)(11)(12)
<br />ElectricRevenueOperating Revenue Elk River Otsego Rural Big Lake Dayton Public St & Hwy Lighting Other Electric Sales
<br /> Total Operating RevenueOther Operating Revenue Interest/Dividend Income Customer Penalties LFG Project Connection Fees Misc Revenue
<br /> Total Other Revenue Total RevenueExpenses Purchased Power Operating & Mtce Expense Landfill Gas Transmission
<br /> Expense Distribution Expense Maintenance Expense Depreciation & Amortization Interest Expense Other Operating Expense Customer
<br /> Accounts Expense Administrative Expense General Expense Total Expenses(before Operating Transfers)Operating Transfer Operating Transfer/Other
<br /> Funds Utilities & Labor Donated Total Operating Transfer Net Income Profit(Loss)
<br />
|