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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 MAY 2025
<br />2025
<br />MAY
<br />2024
<br />MAY
<br />2025
<br />YTD
<br />2024
<br />YTD
<br />2025
<br /> YTD
<br />BUDGET
<br />2025 YTD
<br />Bud Var%
<br />2024 v. 2025
<br />Actual Var%
<br /> YTD
<br />VARIANCE
<br />2025
<br /> ANNUAL
<br />BUDGETWater
<br />215,710 1,006,886272,921 943,922 Total Revenue 1,120,446 19 114,066,913 113,560
<br />Expenses
<br /> Production Expense
<br />MTCE OF STRUCTURES 14,015 56,8449,545 56,25054,805 (3)(4)135,000 (2,039)
<br />9,545 54,805 56,250 14,015 56,844(3)(4)Total For Production Expense:135,000 (2,039)
<br /> Pumping Expense
<br />SUPERVISION 5,968 28,9826,774 31,66633,076 4 1476,000 4,093
<br />ELECTRIC & GAS UTILITIES 22,843 97,28527,524 129,166111,429 (14)15310,000 14,143
<br />SAMPLING 1,279 7,0682,094 10,0629,631 (4)3624,150 2,563
<br />CHEMICAL FEED 3,924 13,0966,151 20,83317,276 (17)3250,000 4,180
<br />MTCE OF WELLS 11,369 65,8598,416 83,33371,306 (14)8200,000 5,446
<br />SCADA - PUMPING (12,162)3,9786955,0005,873 17 4812,000 1,895
<br />51,657 248,594 280,062 33,222 216,271(11)15Total For Pumping Expense:672,150 32,323
<br /> Distribution Expense
<br />MTCE OF WATER MAINS 16,885 33,28116,142 72,91681,079 11 144175,000 47,797
<br />LOCATE WATER LINES 1,260 5,4939,365 8,33314,213 71 15920,000 8,719
<br />MTCE OF WATER SERVICES 0 002080(100)05000
<br />WATER METER SERVICE 4,341 18,9128,390 29,16637,725 29 9970,000 18,813
<br />BACKFLOW DEVICE INSPECTION 1,372 6,8951,614 8,4506,741 (20)(2)23,160 (153)
<br />MTCE OF CUSTOMERS SERVICE 2,574 13,4222,976 14,58314,271 (2)635,000 849
<br />WATER MAPPING 1,891 11,0261,085 7,08315,539 119 4117,000 4,513
<br />FIBER MAPPING 0 006,2500 (100)015,000 0
<br />MTCE OF WATER HYDRANTS - PU 2,257 14,6996399,1668,494 (7)(42)22,000 (6,205)
<br />MTCE OF WATER HYDRANTS - PR 888 1,55202,5000 (100)(100)6,000 (1,552)
<br />WATER CLOTHING/PPE 4,274 8,6402,501 6,2509,785 57 1315,000 1,145
<br />WAGES WATER 555 3,2747414,1663,700 (11)1310,000 426
<br />TRANSPORTATION EXPENSE 1,146 7,5101,187 10,00012,035 20 6024,000 4,524
<br />WATER PERMIT 0 26,255027,00020,382 (25)(22)27,000 (5,873)
<br />44,643 223,971 206,075 37,449 150,9669 48Total For Distribution Expense:459,660 73,004
<br /> Depreciation & Amortization
<br />DEPRECIATION 100,650 503,890115,236 552,444577,251 4 151,325,865 73,360
<br />115,236 577,251 552,444 100,650 503,8904 15Total For Depreciation & Amortization:1,325,865 73,360
<br /> Interest Expense
<br />INTEREST EXPENSE - BONDS 3,466 17,3333,266 16,33316,333 0 (6)38,117 (1,000)
<br />AMORTIZATION OF DEBT DISCOU (554)(2,771)(554)(2,771)(2,771)0 0(6,651)0
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