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ELK RIVER MUNICIPAL UTILITIES <br />SUMMARY OF YEAR 2025 <br />BUDGETS <br />ELECTRIC BUDGET SUMMARY <br />2025 <br />ELECTRIC REVENUE $ <br />47,696,608 <br />ELECTRIC EXPENDITURES <br />(46,041,727) <br />ELECTRIC NET FOR CAPITAL <br />1,654,881 <br />3.47% Margin <br />DEBT RETIREMENT <br />(990,000) <br />NET LESS DEBT PRINCIPAL PMTS <br />664,881 <br />CAPITAL EQUIPMENT/CONSTRUCTION <br />(8,712,820) <br />FUND FROM RESERVES <br />1,398,000 <br />East Substation Construction <br />FUND FROM RESERVES <br />750,000 <br />Unidentified Feeders <br />FUND FROM RESERVES <br />250,000 <br />Transformers and Meters <br />FUND FROM RESERVES <br />935,000 <br />Territory Acquisition Areas 1&2, 3&4, 5&6, 7&8 Loss of Revenue <br />INTER -FUND BORROWING <br />1,425,000 <br />AMI <br />NET <br />(3,289,939) <br />DEPRECIATION <br />3,339,552 <br />NETTO RESERVES <br />49,612 <br />Note that this is separate from abovefundingof drawon reserves <br />WATER BUDGET SUMMARY <br />2025 <br />WATER REVENUE $ <br />4,066,914 <br />WATER EXPENDITURES <br />(4,004,092) <br />WATER NET FOR CAPITAL <br />62,822 <br />1.54% Margin <br />DEBT RETIREMENT <br />(65,000) <br />NET LESS DEBT PRINCIPAL PMTS <br />(2,178) <br />CAPITAL EQUIPMENT/CONSTRUCTION <br />(4,373,080) <br />FUND FROM RESERVES <br />2,400,000 <br />New Wells <br />FUND FROM RESERVES <br />150,000 <br />Meadowvale Booster Station <br />FUND FROM RESERVES <br />500,000 <br />AMI <br />NET <br />(1,325,258) <br />DEPRECIATION <br />1,325,866 <br />NETTO RESERVES <br />608 <br />Note that this is separate from abovefundingof drawon reserves <br />* Currently, target reserves are met. <br />