|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />2025 WATER BUDGET
<br />2025 Annual
<br />2024 Annual
<br />2023 Annual
<br />Water
<br />Budget
<br />Budget
<br />Actual
<br />730.7341 WATER CLOTHING/PPE
<br />15,000
<br />10,000
<br />10,352
<br />730.7391 WAGES WATER
<br />9,810
<br />7,500
<br />7,030
<br />730.7395 TRANSPORTATION EXPENSE
<br />25,000
<br />24,000
<br />15,831 Increased labor and fuel costs
<br />730.7399 WATER PERMIT
<br />27,000
<br />28,000
<br />15,752 Increased summer water use fees
<br />Total for Distribution Expense:
<br />459,470
<br />422,250
<br />318,422
<br />Depreciation & Amortization
<br />595.8031 DEPRECIATION
<br />1,329,082
<br />1,148,988
<br />1,174,752
<br />Total for Depreciation & Amortization:
<br />1,329,082
<br />1,148,988
<br />1,174,752
<br />Interest Expense
<br />596.8071 INTEREST EXPENSE - BONDS
<br />38,117
<br />40,600
<br />43,000
<br />597.8281 AMORTIZATION OF DEBT DISCOUNT/PREMIUM
<br />(6,651)
<br />(6,651)
<br />(6,650)
<br />Totalfor Interest Expense:
<br />31,466
<br />33,949
<br />36,350
<br />Other Operating Expense
<br />597.8213 LOSS ON DISPOSITION OF PROP (CAPITAL)
<br />18,000
<br />14,000
<br />- Meters (due to AMI)
<br />597.8264 DAM MAINTENANCE EXPENSE
<br />-
<br />2,000
<br />1,876
<br />597.8302 PENSION EXPENSE
<br />44,000
<br />65,000
<br />19,334 GASB 68
<br />597.8311 OTHER INTEREST EXPENSE
<br />-
<br />-
<br />94
<br />597.8341 INTEREST EXPENSE - METER DEPOSITS
<br />750
<br />1,300
<br />1,262
<br />Totalfor Other Operating Expense:
<br />62,750
<br />82,300
<br />22,566
<br />Customer Accounts Expense
<br />900.9021 METER READING EXPENSE
<br />7,000
<br />2,500
<br />2,238
<br />900.9051 MISC CUSTOMER ACCOUNTS EXPENSE UTILITY
<br />98,000
<br />89,000
<br />86,429
<br />900.9061 BAD DEBT EXPENSE & RECOVERY
<br />250
<br />250
<br />(28)
<br />Totalfor Customer Accounts Expense:
<br />105,250
<br />91,750
<br />88,639
<br />Administrative Expense
<br />920.9201 SALARIES OFFICE & COMMISSION
<br />279,000
<br />285,000
<br />230,045 Specialist, 4.54% wage adjustment 1/1
<br />920.9205 TEMPORARY STAFFING
<br />1,000
<br />1,000
<br />-
<br />920.9211 OFFICE SUPPLIES
<br />30,000
<br />37,000
<br />24,421
<br />920.9212 ELECTRIC & WATER CONSUMPTION - OFFICE
<br />7,000
<br />11,000
<br />6,787
<br />920.9213 BANK FEES
<br />700
<br />600
<br />484
<br />920.9221 LEGAL FEES
<br />5,000
<br />9,000
<br />4,375
<br />920.9231 AUDITING FEES
<br />6,700
<br />6,000
<br />5,655
<br />920.9241 INSURANCE
<br />45,000
<br />43,000
<br />51,107
<br />920.926 UTILITY SHARE -DEFERRED COMP
<br />24,100
<br />21,000
<br />21,515
<br />920.9261 UTILITYSHARE- MEDICAL/DENTAL/DISABIL
<br />269,977
<br />220,000
<br />202,874 19.5% projected medical ins increase
<br />920.9262 UTILITY SHARE -PERA
<br />69,000
<br />56,000
<br />52,775
<br />920.9263 UTILITY SHARE - FICA
<br />65,000
<br />54,000
<br />50,873
<br />920.9264 EMPLOYEE SICK PAY
<br />40,000
<br />29,000
<br />28,323
<br />920.9265 EMPLOYEE HOLIDAY PAY
<br />42,000
<br />32,000
<br />30,911
<br />920.9266 EMPLOYEE VACATION & PTO PAY
<br />66,000
<br />52,000
<br />48,487
<br />920.9267 UPMIC DISTRIBUTION
<br />27,500
<br />21,000
<br />16,347
<br />920.929 LONGEVITY PAY
<br />2,130
<br />837
<br />2,581
<br />920.9268 WELLHEAD PROTECTION
<br />2,000
<br />2,000
<br />6,861
<br />920.9291 CONSULTING FEES
<br />36,000
<br />45,900
<br />10,266 AE2S, NISC, Rate Study, Power Plant
<br />920.9301 TELEPHONE
<br />8,250
<br />9,000
<br />8,249
<br />920.9302 ADVERTISING
<br />5,000
<br />5,000
<br />4,116
<br />920.9303 DUES&SUBSCRIPTIONS - FEES
<br />88,761
<br />88,114
<br />73,689
<br />920.9305 SCHOOLS & MEETINGS
<br />60,857
<br />61,073
<br />36,453
<br />920.9321 MTCE OF GENERAL PLANT & OFFICE HEATING
<br />2,750
<br />3,100
<br />2,461
<br />Total for Administrative Expense:
<br />1,183,725
<br />1,092,624
<br />919,655
<br />101
<br />
|