|
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 2023
<br />2023 2023 YTD ANNUAL 2023 YTD 2022 2022 YTD 2022 v. 2023
<br />Water OCTOBER YTD BUDGET BUDGET Bud Var%o OCTOBER YTD VARIANCE Actual Var%o
<br />Total For Interest Expense: 2,912 30,524 30,524 36,349 0 3,112 33,495 (2,971) (9)
<br />Other Operating Expense
<br />LOSS ON DISPOSITION OF PROP (C
<br />0
<br />0
<br />0
<br />500
<br />0
<br />0
<br />0
<br />0
<br />0
<br />DAM MAINTENANCE EXPENSE
<br />168
<br />1,876
<br />1,458
<br />1,750
<br />29
<br />244
<br />1,430
<br />446
<br />31
<br />OTHER INTEREST EXPENSE
<br />0
<br />94
<br />95
<br />95
<br />0
<br />94
<br />1,033
<br />(938)
<br />(91)
<br />INTEREST EXPENSE - METER DEP
<br />105
<br />1,048
<br />104
<br />125
<br />908
<br />4
<br />44
<br />1,004
<br />2,282
<br />Total For Other Operating Expense:
<br />273
<br />3,019
<br />1,657
<br />2,470
<br />82
<br />343
<br />2,507
<br />511
<br />20
<br />Customer Accounts Expense
<br />METER READING EXPENSE
<br />225
<br />1,845
<br />2,083
<br />2,500
<br />(11)
<br />214
<br />2,029
<br />(183)
<br />(9)
<br />MISC CUSTOMER ACCOUNTS EXP
<br />8,680
<br />73,162
<br />68,016
<br />81,620
<br />8
<br />7,194
<br />65,401
<br />7,760
<br />12
<br />BAD DEBT EXPENSE & RECOVER
<br />0
<br />(28)
<br />208
<br />250
<br />(113)
<br />0
<br />28
<br />(56)
<br />(200)
<br />Total For Customer Accounts Expense:
<br />8,906
<br />74,979
<br />70,308
<br />84,370
<br />7
<br />7,409
<br />67,458
<br />7,520
<br />11
<br />Administrative Expense
<br />SALARIES OFFICE & COMMISSION
<br />20,299
<br />193,391
<br />223,750
<br />268,500
<br />(14)
<br />20,925
<br />195,262
<br />(1,871)
<br />(1)
<br />TEMPORARY STAFFING
<br />0
<br />0
<br />833
<br />1,000
<br />(100)
<br />0
<br />0
<br />0
<br />0
<br />OFFICE SUPPLIES
<br />1,415
<br />21,220
<br />21,250
<br />25,500
<br />0
<br />1,278
<br />12,011
<br />9,208
<br />77
<br />ELECTRIC & WATER CONSUMPTI
<br />586
<br />6,254
<br />6,666
<br />8,000
<br />(6)
<br />486
<br />5,442
<br />811
<br />15
<br />BANK FEES
<br />35
<br />384
<br />520
<br />625
<br />(26)
<br />34
<br />410
<br />(26)
<br />(7)
<br />LEGAL FEES
<br />269
<br />3,731
<br />7,500
<br />9,000
<br />(50)
<br />732
<br />5,974
<br />(2,243)
<br />(38)
<br />AUDITING FEES
<br />405
<br />4,844
<br />3,858
<br />4,630
<br />26
<br />375
<br />3,758
<br />1,086
<br />29
<br />INSURANCE
<br />3,616
<br />44,673
<br />30,000
<br />36,000
<br />49
<br />2,934
<br />27,761
<br />16,912
<br />61
<br />UTILITY SHARE - DEFERRED COM
<br />1,297
<br />18,737
<br />25,416
<br />30,500
<br />(26)
<br />638
<br />17,813
<br />924
<br />5
<br />UTILITY SHARE - MEDICAL/DENT
<br />14,395
<br />174,527
<br />186,636
<br />215,000
<br />(6)
<br />16,531
<br />189,637
<br />(15,110)
<br />(8)
<br />UTILITY SHARE - PERA
<br />4,299
<br />44,231
<br />45,000
<br />54,000
<br />(2)
<br />4,537
<br />44,538
<br />(307)
<br />(1)
<br />UTILITY SHARE - FICA
<br />4,151
<br />42,787
<br />43,333
<br />52,000
<br />(1)
<br />4,401
<br />42,849
<br />(61)
<br />0
<br />EMPLOYEE SICK PAY
<br />2,129
<br />22,806
<br />22,500
<br />27,000
<br />1
<br />2,482
<br />21,605
<br />1,201
<br />6
<br />EMPLOYEE HOLIDAY PAY
<br />0
<br />17,362
<br />16,800
<br />30,800
<br />3
<br />0
<br />11,954
<br />5,407
<br />45
<br />EMPLOYEE VACATION & PTO PA
<br />2,992
<br />41,114
<br />37,454
<br />44,000
<br />10
<br />3,123
<br />38,614
<br />2,499
<br />6
<br />UPMIC DISTRIBUTION
<br />0
<br />10,967
<br />13,551
<br />18,069
<br />(19)
<br />0
<br />9,904
<br />1,063
<br />11
<br />WELLHEAD PROTECTION
<br />0
<br />6,861
<br />10,000
<br />10,000
<br />(31)
<br />0
<br />4,724
<br />2,137
<br />45
<br />LONGEVITY PAY
<br />0
<br />2,581
<br />3,106
<br />3,106
<br />(17)
<br />0
<br />310
<br />2,271
<br />733
<br />CONSULTING FEES
<br />490
<br />8,516
<br />29,166
<br />35,000
<br />(71)
<br />472
<br />19,882
<br />(11,366)
<br />(57)
<br />TELEPHONE
<br />676
<br />6,997
<br />7,916
<br />9,500
<br />(12)
<br />923
<br />7,227
<br />(229)
<br />(3)
<br />ADVERTISING
<br />418
<br />3,822
<br />5,416
<br />6,500
<br />(29)
<br />114
<br />2,693
<br />1,129
<br />42
<br />DUES & SUBSCRIPTIONS - FEES
<br />1,201
<br />54,994
<br />61,000
<br />78,320
<br />(10)
<br />(29)
<br />57,922
<br />(2,927)
<br />(5)
<br />95
<br />
|