|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />FOR PERIOD ENDING OCTOBER 2023
<br />2023
<br />2023
<br />2023
<br />2023
<br />YTD
<br />ANNUAL
<br />2023 YTD
<br />2022
<br />2022
<br />YTD
<br />2022 v. 2023
<br />Electric
<br />OCTOBER
<br />YTD
<br />BUDGET
<br />BUDGET
<br />Bud Var%o
<br />OCTOBER
<br />YTD
<br />VARIANCE
<br />Actual Var%o
<br />MTCE OF OH LINES/STANDBY
<br />3,948
<br />30,358
<br />33,333
<br />40,000
<br />(9)
<br />2,935
<br />28,529
<br />1,828
<br />6
<br />MTCE OF OH PRIMARY
<br />12,721
<br />134,039
<br />141,666
<br />170,000
<br />(5)
<br />18,927
<br />165,194
<br />(31,155)
<br />(19)
<br />MTCE OF URD PRIMARY
<br />16,025
<br />189,873
<br />141,666
<br />170,000
<br />34
<br />14,112
<br />173,214
<br />16,659
<br />10
<br />LOCATE ELECTRIC LINES
<br />12,450
<br />88,445
<br />88,333
<br />106,000
<br />0
<br />9,209
<br />85,306
<br />3,139
<br />4
<br />LOCATE FIBER LINES
<br />101
<br />371
<br />833
<br />1,000
<br />(55)
<br />163
<br />782
<br />(411)
<br />(53)
<br />MTCE OF LINE TRANSFORMERS
<br />2,302
<br />71,448
<br />50,000
<br />60,000
<br />43
<br />13,016
<br />36,897
<br />34,551
<br />94
<br />MTCE OF STREET LIGHTING
<br />8,134
<br />36,667
<br />37,500
<br />45,000
<br />(2)
<br />3,113
<br />41,059
<br />(4,391)
<br />(11)
<br />MTCE OF SECURITY LIGHTING
<br />723
<br />15,380
<br />12,500
<br />15,000
<br />23
<br />6,250
<br />20,075
<br />(4,695)
<br />(23)
<br />MTCE OF METERS
<br />5,283
<br />58,254
<br />70,833
<br />85,000
<br />(18)
<br />6,088
<br />68,115
<br />(9,860)
<br />(14)
<br />VOLTAGE COMPLAINTS
<br />107
<br />9,812
<br />8,333
<br />10,000
<br />18
<br />906
<br />6,443
<br />3,369
<br />52
<br />SALARIES TRANSMISSION & DIST
<br />2,659
<br />23,580
<br />25,416
<br />30,500
<br />(7)
<br />2,481
<br />23,514
<br />66
<br />0
<br />ELECTRIC MAPPING
<br />5,296
<br />98,357
<br />79,166
<br />95,000
<br />24
<br />5,465
<br />73,004
<br />25,352
<br />35
<br />MTCE OF OH SECONDARY
<br />1,901
<br />21,223
<br />20,833
<br />25,000
<br />2
<br />1,711
<br />17,797
<br />3,426
<br />19
<br />MTCE OF URD SECONDARY
<br />7,132
<br />52,598
<br />50,000
<br />60,000
<br />5
<br />4,590
<br />53,446
<br />(848)
<br />(2)
<br />TRANSPORTATION EXPENSE
<br />19,181
<br />232,171
<br />204,166
<br />245,000
<br />14
<br />16,837
<br />232,981
<br />(809)
<br />0
<br />Total For Maintenance Expense:
<br />118,263
<br />1,388,569
<br />1,277,250
<br />1,540,500
<br />9
<br />119,639
<br />1,238,312
<br />150,256
<br />12
<br />Depreciation & Amortization
<br />DEPRECIATION
<br />209,116
<br />2,080,185
<br />2,113,510
<br />2,552,700
<br />(2)
<br />230,479
<br />1,977,973
<br />102,211
<br />5
<br />AMORTIZATION
<br />55,677
<br />556,779
<br />556,780
<br />668,136
<br />0
<br />55,677
<br />556,779
<br />0
<br />0
<br />Total For Depreciation & Amortization:
<br />264,794
<br />2,636,964
<br />2,670,290
<br />3,220,836
<br />(1)
<br />286,157
<br />2,534,753
<br />102,211
<br />4
<br />Interest Expense
<br />INTEREST EXPENSE - BONDS
<br />71,400
<br />727,892
<br />727,892
<br />870,695
<br />0
<br />74,413
<br />758,248
<br />(30,356)
<br />(4)
<br />AMORTIZATION OF DEBT DISCOU
<br />(4,988)
<br />(49,885)
<br />(49,885)
<br />(59,863)
<br />0
<br />(4,988)
<br />(50,788)
<br />903
<br />2
<br />Total For Interest Expense:
<br />66,412
<br />678,007
<br />678,007
<br />810,832
<br />0
<br />69,424
<br />707,459
<br />(29,452)
<br />(4)
<br />Other Operating Expense
<br />EV CHARGING EXPENSE
<br />198
<br />1,749
<br />6,442
<br />7,731
<br />(73)
<br />505
<br />5,634
<br />(3,884)
<br />(69)
<br />LOSS ON DISPOSITION OF PROP (C
<br />0
<br />13,073
<br />15,500
<br />15,500
<br />(16)
<br />0
<br />0
<br />13,073
<br />0
<br />OTHER DONATIONS
<br />0
<br />108
<br />2,500
<br />3,000
<br />(96)
<br />198
<br />3,681
<br />(3,573)
<br />(97)
<br />DAM MAINTENANCE EXPENSE
<br />0
<br />0
<br />0
<br />0
<br />0
<br />29
<br />29
<br />(29)
<br />(100)
<br />MUTUAL AID
<br />0
<br />4,415
<br />0
<br />0
<br />0
<br />17,062
<br />36,690
<br />(32,274)
<br />(88)
<br />PENSION EXPENSE
<br />0
<br />0
<br />0
<br />45,000
<br />0
<br />0
<br />0
<br />0
<br />0
<br />OTHER INTEREST EXPENSE
<br />0
<br />378
<br />378
<br />378
<br />0
<br />378
<br />4,132
<br />(3,754)
<br />(91)
<br />INTEREST EXPENSE - METER DEP
<br />4,048
<br />39,725
<br />2,083
<br />2,500
<br />1,807
<br />168
<br />1,658
<br />38,066
<br />2,295
<br />Total For Other Operating Expense:
<br />4,247
<br />59,451
<br />26,903
<br />74,109
<br />121
<br />18,342
<br />51,826
<br />7,624
<br />15
<br />Customer Accounts Expense
<br />90
<br />
|