Laserfiche WebLink
Elk River Municipal Utilities <br />Elk River, Minnesota <br />Supplementary Information <br />Schedule of Operating Revenues and Expenses (Continued) <br />For the Year Ended December 31, 2023 <br />Operating Expenses (Continued) <br />General and administrative <br />Salaries <br />Employee pensions and benefits <br />Dues <br />Office supplies and billing expense <br />Office utilities and maintenance <br />Consulting fees <br />Legal and audit <br />Environmental compliance <br />Conservation improvement project <br />Insurance <br />Telephone <br />Advertising <br />Education and meetings <br />Miscellaneous <br />Total general and administrative <br />Total Operating Expenses <br />Operating Income <br />Nonoperating Revenues (Expenses) <br />Interest income (loss) <br />Miscellaneous revenue <br />Interest expense and other <br />Gain/(loss) on sale of capital assets <br />Total Nonoperating Revenues <br />Income before Contributions and Transfers <br />Capital Contributions <br />Connection fees <br />Contributions from customers <br />Transfers from Other City Funds <br />Transfers to Other City Funds <br />Total Contributions and Transfers <br />Change in Net Position <br />Net Position, January 1 <br />Net Position, December 31 <br />Electric <br />Water <br />Total <br />$ 792,284 <br />$ 230,046 <br />$ 1,022,330 <br />2,446,998 <br />474,023 <br />2,921,021 <br />124,702 <br />73,690 <br />198,392 <br />113,010 <br />24,422 <br />137,432 <br />36,995 <br />9,249 <br />46,244 <br />2,733 <br />10,266 <br />12,999 <br />40,468 <br />10,032 <br />50,500 <br />23,454 <br />1,364 <br />24,818 <br />359,475 <br />3,442 <br />362,917 <br />201,330 <br />51,107 <br />252,437 <br />36,236 <br />8,249 <br />44,485 <br />13,766 <br />4,117 <br />17,883 <br />223,111 <br />36,454 <br />259,565 <br />6,995 <br />6,677 <br />13,672 <br />4,421,557 <br />943,138 <br />5,364,695 <br />42,057,752 <br />3,195,977 <br />45,253,729 <br />2,392,987 <br />188,022 <br />2,581,009 <br />158,310 <br />57,360 <br />215,670 <br />928,553 <br />418,451 <br />1,347,004 <br />(811,210) <br />(36,444) <br />(847,654) <br />59,556 <br />2,940 <br />62,496 <br />335,209 <br />442,307 <br />777,516 <br />2,728,196 <br />630,329 <br />3,358,525 <br />- <br />253,341 <br />253,341 <br />489,452 <br />- <br />489,452 <br />- <br />1,348,943 <br />1,348,943 <br />(1,620,378) <br />- <br />(1,620,378) <br />(1,130,926) <br />1,602,284 <br />471,358 <br />1,597,270 <br />2,232,613 <br />3,829,883 <br />46,983,961 <br />30,887,404 <br />77,871,365 <br />$ 48,581,231 $ 33,120,017 $ 81,701,248 <br />55 <br />120 <br />