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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 JUNE 2025 <br />2025 2025 <br />2025 2025 YTD ANNUAL 2025 YTD 2024 <br />Water DUNE YTD BUDGET BUDGET Bud Var% DUNE <br />2024 YTD 2024 v. 2025 <br />YTD VARIANCE Actual Var% <br />Revenue <br />Operating Revenue <br />Water Sales <br />WATER SALES RESIDENTIAL <br />179,678 <br />694,612 <br />637,976 <br />1,768,457 <br />9 <br />142,170 <br />617,745 <br />76,866 <br />12 <br />WATER SALES COMMERCIAL <br />100,591 <br />405,627 <br />363,504 <br />1,024,735 <br />12 <br />93,121 <br />379,190 <br />26,436 <br />7 <br />WATER SALES IRRIGATION <br />45,467 <br />64,133 <br />42,071 <br />350,120 <br />52 <br />32,400 <br />50,247 <br />13,886 <br />28 <br />Total For Water Sales: <br />325,738 <br />1,164,373 <br />1,043,552 <br />3,143,313 <br />12 <br />267,692 <br />1,047,184 <br />117,188 <br />11 <br />Total Operating Revenue <br />325,738 <br />1,164,373 <br />1,043,552 <br />3,143,313 <br />12 <br />267,692 <br />1,047,184 <br />117,188 <br />11 <br />Total For Total Operating Revenue: <br />325,738 <br />1,164,373 <br />1,043,552 <br />3,143,313 <br />12 <br />267,692 <br />1,047,184 <br />117,188 <br />11 <br />Other Operating Revenue <br />Interest/Dividend Income <br />INTEREST & DIVIDEND INCOME <br />13,950 <br />64,659 <br />75,000 <br />150,000 <br />(14) <br />9,213 <br />35,135 <br />29,524 <br />84 <br />OTHER INTEREST/IvIISC REVENUE <br />0 <br />0 <br />499 <br />1,000 <br />(100) <br />0 <br />0 <br />0 <br />0 <br />Total For Interest/Dividend Income: <br />13,950 <br />64,659 <br />75,499 <br />151,000 <br />(14) <br />9,213 <br />35,135 <br />29,524 <br />84 <br />Customer Penalties <br />CUSTOMER PENALTIES <br />3,304 <br />14,552 <br />13,999 <br />28,000 <br />4 <br />1,080 <br />9,872 <br />4,680 <br />47 <br />Total For Customer Penalties: <br />3,304 <br />14,552 <br />13,999 <br />28,000 <br />4 <br />1,080 <br />9,872 <br />4,680 <br />47 <br />Connection Fees <br />WATER/ACCESS/CONNECTIONFE <br />202,688 <br />368,942 <br />127,500 <br />255,000 <br />189 <br />21,600 <br />187,430 <br />181,512 <br />97 <br />CUSTOMER CONNECTION FEES <br />9,760 <br />30,344 <br />16,249 <br />32,500 <br />87 <br />2,783 <br />12,976 <br />17,368 <br />134 <br />BULK WATER SALES/HYDRANT R <br />2,067 <br />10,008 <br />15,499 <br />31,000 <br />(35) <br />1,556 <br />12,493 <br />(2,484) <br />(20) <br />Total For Connection Fees: <br />214,515 <br />409,295 <br />159,249 <br />318,500 <br />157 <br />25,940 <br />212,900 <br />196,395 <br />92 <br />Misc Revenue <br />MISC NON -UTILITY <br />0 <br />310 <br />49 <br />100 <br />522 <br />0 <br />20 <br />290 <br />1,455 <br />GAIN ON DISPOSITION OF PROPER <br />0 <br />0 <br />0 <br />8,000 <br />0 <br />0 <br />0 <br />0 <br />0 <br />MISCELLANEOUS REVENUE <br />0 <br />19,889 <br />250 <br />500 <br />7,856 <br />521 <br />521 <br />19,368 <br />3,717 <br />HYDRANT MAINTENANCE PROGR <br />975 <br />5,850 <br />7,500 <br />15,000 <br />(22) <br />975 <br />6,675 <br />(825) <br />(12) <br />CONTRIBUTIONS FROM DEVELOP <br />44,590 <br />44,590 <br />0 <br />0 <br />0 <br />0 <br />0 <br />44,590 <br />0 <br />WATER TOWER LEASE <br />0 <br />0 <br />0 <br />327,500 <br />0 <br />0 <br />0 <br />0 <br />0 <br />LEASE INTEREST REVENUE <br />0 <br />0 <br />0 <br />75,000 <br />0 <br />0 <br />0 <br />0 <br />0 <br />Total For Misc Revenue: <br />45,565 <br />70,639 <br />7,800 <br />426,100 <br />806 <br />1,496 <br />7,216 <br />63,423 <br />879 <br />Total Other Revenue <br />277,336 <br />559,147 <br />256,549 <br />923,600 <br />118 <br />37,730 <br />265,125 <br />294,022 <br />111 <br />Total For Total Other Revenue: <br />277,336 <br />559,147 <br />256,549 <br />923,600 <br />118 <br />37,730 <br />265,125 <br />294,022 <br />111 <br />81 <br />