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ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />FOR PERIOD ENDING FEBRUARY 2025
<br />2025
<br />2025
<br />2025
<br />2025
<br />YTD
<br />ANNUAL
<br />2025 YTD
<br />2024
<br />2024
<br />YTD
<br />2024 v. 2025
<br />Electric
<br />FEBRUARY
<br />YTD
<br />BUDGET
<br />BUDGET
<br />Bud Var%
<br />FEBRUARY
<br />YTD
<br />VARIANCE
<br />Actual Var%
<br />UTILITY SHARE - DEFERRED COM
<br />14,256
<br />37,308
<br />21,416
<br />128,500
<br />74
<br />15,648
<br />32,937
<br />4,371
<br />13
<br />UTILITY SHARE - MEDICAL/DENT
<br />65,354
<br />247,719
<br />253,847
<br />942,322
<br />(2)
<br />59,894
<br />246,428
<br />1,290
<br />1
<br />UTILITY SHARE - PERA
<br />24,552
<br />52,821
<br />53,583
<br />321,500
<br />(1)
<br />23,622
<br />49,743
<br />3,077
<br />6
<br />UTILITY SHARE - FICA
<br />23,570
<br />50,256
<br />52,583
<br />315,500
<br />(4)
<br />22,861
<br />48,113
<br />2,142
<br />4
<br />EMPLOYEE SICK PAY
<br />34,128
<br />63,800
<br />34,000
<br />204,000
<br />88
<br />12,877
<br />9,740
<br />54,060
<br />555
<br />EMPLOYEE HOLIDAY PAY
<br />15,938
<br />47,430
<br />48,525
<br />194,100
<br />(2)
<br />15,170
<br />45,863
<br />1,566
<br />3
<br />EMPLOYEE VACATION & PTO PA
<br />24,586
<br />92,267
<br />81,363
<br />325,000
<br />13
<br />22,596
<br />72,153
<br />20,113
<br />28
<br />UPMIC DISTRIBUTION
<br />0
<br />0
<br />0
<br />86,000
<br />0
<br />0
<br />0
<br />0
<br />0
<br />LONGEVITY PAY
<br />0
<br />0
<br />0
<br />9,945
<br />0
<br />0
<br />0
<br />0
<br />0
<br />CONSULTING FEES
<br />21,220
<br />21,220
<br />39,833
<br />239,000
<br />(47)
<br />7,684
<br />9,717
<br />11,503
<br />118
<br />TELEPHONE
<br />2,840
<br />5,716
<br />6,333
<br />38,000
<br />(10)
<br />2,919
<br />5,831
<br />(114)
<br />(2)
<br />ADVERTISING
<br />1,115
<br />2,435
<br />3,333
<br />20,000
<br />(27)
<br />1,396
<br />3,028
<br />(593)
<br />(20)
<br />DUES & SUBSCRIPTIONS - FEES
<br />12,758
<br />24,531
<br />25,334
<br />152,009
<br />(3)
<br />7,099
<br />14,591
<br />9,939
<br />68
<br />SCHOOLS & MEETINGS
<br />26,624
<br />32,462
<br />43,000
<br />292,333
<br />(25)
<br />22,401
<br />42,258
<br />(9,795)
<br />(23)
<br />MTCE OF GENERAL PLANT & OFFI
<br />865
<br />1,730
<br />1,833
<br />11,000
<br />(6)
<br />845
<br />1,690
<br />40
<br />2
<br />Total For Administrative Expense:
<br />372,778
<br />892,478
<br />915,760
<br />4,783,849
<br />(3)
<br />319,877
<br />787,392
<br />105,085
<br />13
<br />General Expense
<br />CIP REBATES - RESIDENTIAL
<br />3,937
<br />15,652
<br />15,126
<br />90,758
<br />3
<br />6,445
<br />13,470
<br />2,182
<br />16
<br />CIP REBATES - COMMERCIAL
<br />1,964
<br />1,964
<br />18,666
<br />112,000
<br />(89)
<br />0
<br />0
<br />1,964
<br />0
<br />CIP - ADMINISTRATION
<br />10,257
<br />21,340
<br />30,494
<br />182,965
<br />(30)
<br />10,000
<br />20,000
<br />1,340
<br />7
<br />CIP - MARKETING
<br />1,674
<br />10,695
<br />8,539
<br />51,235
<br />25
<br />4,813
<br />5,627
<br />5,067
<br />90
<br />CIP - LABOR
<br />8,313
<br />17,546
<br />22,303
<br />133,822
<br />(21)
<br />7,973
<br />19,023
<br />(1,476)
<br />(8)
<br />CIP REBATES - LOW INCOME
<br />0
<br />0
<br />3,120
<br />18,720
<br />(100)
<br />0
<br />0
<br />0
<br />0
<br />CIP - LOW INCOME LABOR
<br />786
<br />1,707
<br />1,666
<br />10,000
<br />2
<br />723
<br />1,587
<br />120
<br />8
<br />ENVIRONMENTAL COMPLIANCE
<br />2,374
<br />4,757
<br />5,833
<br />35,000
<br />(18)
<br />2,533
<br />5,081
<br />(324)
<br />(6)
<br />MISC GENERAL EXPENSE
<br />(158)
<br />(202)
<br />883
<br />5,300
<br />(123)
<br />(3)
<br />(24)
<br />(177)
<br />(742)
<br />Total For General Expense:
<br />29,150
<br />73,462
<br />106,633
<br />639,800
<br />(31)
<br />32,485
<br />64,765
<br />8,697
<br />13
<br />Total Expenses(before Operating Transfers)
<br />3,032,161
<br />6,425,522
<br />6,996,716
<br />44,133,298
<br />(8)
<br />2,993,867
<br />6,377,005
<br />48,516
<br />1
<br />Operating Transfer
<br />Operating Transfer/Other Funds
<br />TRANSFER TO CITY ELK RIVER R
<br />113,003
<br />249,324
<br />257,370
<br />1,643,429
<br />(3)
<br />122,954
<br />235,015
<br />14,308
<br />6
<br />Total For Operating Transfer/Other Funds:
<br />113,003
<br />249,324
<br />257,370
<br />1,643,429
<br />(3)
<br />122,954
<br />235,015
<br />14,308
<br />6
<br />Utilities & Labor Donated
<br />UTILITIES & LABOR DONATED TO
<br />19,212
<br />39,042
<br />44,166
<br />265,000
<br />(12)
<br />18,646
<br />37,467
<br />1,574
<br />4
<br />161
<br />
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