|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />FOR PERIOD ENDING AUGUST 2024
<br />2024
<br />2024
<br />2024
<br />2024
<br />YTD
<br />ANNUAL
<br />2024 YTD
<br />2023
<br />2023
<br />YTD
<br />2023 v. 2024
<br />Water
<br />AUGUST
<br />YTD
<br />BUDGET
<br />BUDGET
<br />Bud Var%
<br />AUGUST
<br />YTD
<br />VARIANCE
<br />Actual Var%
<br />Other Operating Expense
<br />LOSS ON DISPOSITION OF PROP (C
<br />0
<br />0
<br />0
<br />14,000
<br />0
<br />0
<br />0
<br />0
<br />0
<br />DAM MAINTENANCE EXPENSE
<br />0
<br />177
<br />1,333
<br />2,000
<br />(87)
<br />18
<br />1,707
<br />(1,530)
<br />(90)
<br />PENSION EXPENSE
<br />0
<br />0
<br />0
<br />65,000
<br />0
<br />0
<br />0
<br />0
<br />0
<br />OTHER INTEREST EXPENSE
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />94
<br />(94)
<br />(100)
<br />INTEREST EXPENSE - METER DEP
<br />60
<br />725
<br />866
<br />1,300
<br />(16)
<br />104
<br />938
<br />(113)
<br />(14)
<br />Total For Other Operating Expense:
<br />60
<br />902
<br />2,200
<br />82,300
<br />(59)
<br />123
<br />2,640
<br />(1,738)
<br />(66)
<br />Customer Accounts Expense
<br />METER READING EXPENSE
<br />655
<br />3,128
<br />1,666
<br />2,500
<br />88
<br />190
<br />1,403
<br />1,725
<br />123
<br />MISC CUSTOMER ACCOUNTS EXP
<br />7,934
<br />59,536
<br />59,333
<br />89,000
<br />0
<br />7,319
<br />57,032
<br />2,504
<br />4
<br />BAD DEBT EXPENSE & RECOVER
<br />0
<br />19
<br />166
<br />250
<br />(89)
<br />(28)
<br />(28)
<br />47
<br />168
<br />Total For Customer Accounts Expense:
<br />8,589
<br />62,684
<br />61,166
<br />91,750
<br />2
<br />7,482
<br />58,407
<br />4,276
<br />7
<br />Administrative Expense
<br />SALARIES OFFICE & COMMISSION
<br />21,155
<br />171,620
<br />190,000
<br />285,000
<br />(10)
<br />20,916
<br />155,079
<br />16,541
<br />11
<br />TEMPORARY STAFFING
<br />0
<br />0
<br />666
<br />1,000
<br />(100)
<br />0
<br />0
<br />0
<br />0
<br />OFFICE SUPPLIES
<br />1,390
<br />13,222
<br />24,666
<br />37,000
<br />(46)
<br />1,937
<br />18,506
<br />(5,283)
<br />(29)
<br />ELECTRIC & WATER CONSUMPTI
<br />645
<br />4,630
<br />7,333
<br />11,000
<br />(37)
<br />732
<br />5,049
<br />(418)
<br />(8)
<br />BANK FEES
<br />69
<br />470
<br />400
<br />600
<br />18
<br />61
<br />320
<br />150
<br />47
<br />LEGAL FEES
<br />553
<br />3,092
<br />6,000
<br />9,000
<br />(48)
<br />268
<br />3,342
<br />(250)
<br />(8)
<br />AUDITING FEES
<br />410
<br />3,626
<br />4,000
<br />6,000
<br />(9)
<br />405
<br />4,032
<br />(406)
<br />(10)
<br />INSURANCE
<br />3,555
<br />27,952
<br />28,666
<br />43,000
<br />(2)
<br />3,360
<br />37,753
<br />(9,801)
<br />(26)
<br />UTILITY SHARE - DEFERRED COM
<br />1,546
<br />15,440
<br />14,000
<br />21,000
<br />10
<br />1,143
<br />15,646
<br />(206)
<br />(1)
<br />UTILITY SHARE - MEDICAL/DENT
<br />15,095
<br />143,257
<br />154,545
<br />220,000
<br />(7)
<br />14,292
<br />146,552
<br />(3,294)
<br />(2)
<br />UTILITY SHARE - PERA
<br />4,773
<br />39,169
<br />37,333
<br />56,000
<br />5
<br />4,645
<br />35,742
<br />3,427
<br />10
<br />UTILITY SHARE - FICA
<br />4,792
<br />38,835
<br />36,000
<br />54,000
<br />8
<br />4,549
<br />34,664
<br />4,171
<br />12
<br />EMPLOYEE SICK PAY
<br />5,533
<br />20,062
<br />19,333
<br />29,000
<br />4
<br />2,089
<br />18,327
<br />1,734
<br />9
<br />EMPLOYEE HOLIDAY PAY
<br />(58)
<br />15,969
<br />14,545
<br />32,000
<br />10
<br />0
<br />14,662
<br />1,307
<br />9
<br />EMPLOYEE VACATION & PTO PA
<br />8,524
<br />43,452
<br />36,000
<br />52,000
<br />21
<br />2,946
<br />33,184
<br />10,268
<br />31
<br />UPMIC DISTRIBUTION
<br />0
<br />9,752
<br />10,500
<br />21,000
<br />(7)
<br />0
<br />6,284
<br />3,468
<br />55
<br />WELLHEAD PROTECTION
<br />0
<br />0
<br />1,360
<br />2,000
<br />(100)
<br />0
<br />6,861
<br />(6,861)
<br />(100)
<br />LONGEVITY PAY
<br />310
<br />730
<br />730
<br />837
<br />0
<br />310
<br />2,581
<br />(1,851)
<br />(72)
<br />CONSULTING FEES
<br />851
<br />9,065
<br />30,600
<br />45,900
<br />(70)
<br />630
<br />7,913
<br />1,151
<br />15
<br />TELEPHONE
<br />483
<br />5,229
<br />6,000
<br />9,000
<br />(13)
<br />649
<br />5,648
<br />(418)
<br />(7)
<br />ADVERTISING
<br />265
<br />2,437
<br />3,333
<br />5,000
<br />(27)
<br />329
<br />2,941
<br />(503)
<br />(17)
<br />DUES & SUBSCRIPTIONS - FEES
<br />15,649
<br />58,719
<br />64,100
<br />88,114
<br />(8)
<br />14,915
<br />52,556
<br />6,162
<br />12
<br />A
<br />
|