Laserfiche WebLink
Elk River Municipal Utilities - Reserves Policy 4/2025 <br />Proposed <br />ERMU Water Fund - 62 <br />Description <br />Annual <br />Average Monthly <br />2025 Budgeted Expenditures <br />$ 4,004,092 <br />$ 333,674 <br />2025 Budgeted Interest Expense <br />$ 38,117 <br />$ 3,176 <br />2025 Budgeted Depreciation <br />$ 1,325,866 <br />$ 110,489 <br />2025 Budgeted Pricipal and Interest <br />$ 103,117 <br />1 n/a <br />2024 Audited Cash Balances <br />2025 Reserves <br />$ 9,961,189 <br />Unrestricted <br />12025 Calculated Reserves <br />$ <br />1,423,172 <br />Designated <br />12025 Proposed Calculated Reserves <br />$ <br />1,423,172 <br />Reserves <br />Restricted for <br />2025 Calculated Reserves <br />$ <br />- <br />Debt Service <br />12025 Proposed Calculated Reserves <br />$ <br />- <br />Unrestricted <br />12025 Calculated Reserves <br />$ <br />8,538,018 <br />Reserves <br />12025 Proposed Calculated Reserves <br />$ <br />8,538,018 <br />2024 Reserves <br />$ 10,879,501 <br />$ 1,330,447 <br />$ 9,549,054 <br />134 <br />