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UTILITIES COMMISSION MEETING <br />TO: FROM: <br />ERMU Commission Melissa Karpinski – Finance Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />September 9, 20255.1 <br />SUBJECT: <br />Financial Report – July 2025 <br />ACTION REQUESTED: <br />Receive the July 2025 Financial Report <br />DISCUSSION: <br />Please note that these are the preliminary unaudited financial statements. <br />Electric <br />July year to date (YTD) electric kWh sales are up 5% from the prior year. For further breakdown: <br />Residential usage is up 7% <br />Small Commercial usage is up 3% <br />Large Commercial usage is up 4% <br />For July 2025, the Electric Department overall is ahead of prior YTD and favorable to budget <br />YTD. Additional variance analysis can be found on the Summary Electric Statement of Revenues, <br />Expenses and Changes in Net Position attachment. <br />Water <br />July YTD gallons of water sold are up 11% from the prior year. For further breakdown: <br />Residential use is up 15% <br />Commercial use is up 7% <br />For July 2025, the Water Department overall is ahead of prior YTD and favorable to budget YTD. <br />Additional variance analysis can be found on the Summary Water Statement of Revenues, <br />Expenses and Changes in Net Position attachment. <br />ATTACHMENTS: <br />Balance Sheet 7.2025 <br />Electric Balance Sheet 7.2025 <br />Water Balance Sheet 7.2025 <br />Summary Electric Statement of Revenues, Expenses and Changes in Net Position 7.2025 <br />Summary Water Statement of Revenues, Expenses and Changes in Net Position 7.2025 <br />Graphs Prior Year and YTD 2025 <br />Detailed Electric Statement of Revenues, Expenses and Changes in Net Position 7.2025 <br />Detailed Water Statement of Revenues, Expenses and Changes in Net Position 7.2025 <br />______________________________________________________________________________ <br />Page 1 of 1 <br />45 <br />