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ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />WATER BALANCE SHEET
<br />Current Month
<br />Change from
<br />Prior MonthSeptember 30, 2025 August 31, 2025
<br />ASSETS
<br />CURRENT ASSETS
<br /> CASH 6,411,869 6,014,814 397,055
<br /> ACCOUNTS RECEIVABLE 5,293,924 5,354,325 (60,402)
<br /> INVENTORIES 58,808 35,436 23,371
<br /> PREPAID ITEMS 66,257 59,198 7,059
<br /> CONSTRUCTION IN PROGRESS 309,307 248,725 60,583
<br /> TOTAL CURRENT ASSETS 12,140,164 11,712,498 427,666
<br />RESTRICTED ASSETS
<br /> EMERGENCY RESERVE FUND 4,292,591 4,284,575 8,016
<br /> TOTAL RESTRICTED ASSETS 4,292,591 4,284,575 8,016
<br />FIXED ASSETS
<br /> PRODUCTION 17,217,448 17,217,448 0
<br /> DISTRIBUTION 30,869,561 30,869,561 0
<br /> GENERAL 1,632,203 1,632,203 0
<br /> FIXED ASSETS (COST)49,719,212 49,719,212 0
<br /> LESS ACCUMULATED DEPRECIATION (24,949,263)(24,834,056)(115,207)
<br /> TOTAL FIXED ASSETS, NET 24,769,949 24,885,156 (115,207)
<br />INTANGIBLE ASSETS
<br />OTHER ASSETS AND DEFERRED OUTFLOWS 61,420 61,420 0
<br /> TOTAL ASSETS 41,264,124 40,943,649 320,475
<br />LIABILITIES AND FUND EQUITY
<br />CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 403,098 340,504 62,593
<br /> SALARIES AND BENEFITS PAYABLE 172,776 155,565 17,212
<br /> DUE TO CITY 5,489 5,080 409
<br /> UNEARNED REVENUE 490,443 439,381 51,062
<br /> TOTAL CURRENT LIABILITIES 1,071,806 940,530 131,276
<br />LONG TERM LIABILITIES
<br /> BONDS PAYABLE, LESS CURRENT PORTION 1,485,306 1,485,861 (554)
<br /> PENSION LIABILITIES 328,984 328,984 0
<br /> TOTAL LONG TERM LIABILITIES 1,814,290 1,814,845 (554)
<br /> TOTAL LIABILITIES 2,886,096 2,755,375 130,722
<br />DEFERRED INFLOWS OF RESOURCES 4,689,086 4,689,086 0
<br />FUND EQUITY
<br /> RETAINED EARNINGS 33,451,758 33,451,758 0
<br /> NET INCOME (LOSS) (THROUGH PREVIOUS MONTH)237,184 47,430 189,754
<br /> TOTAL FUND EQUITY 33,688,942 33,499,188 189,754
<br /> TOTAL LIABILITIES & FUND EQUITY 41,264,124 40,943,649 320,475
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