|
<br />
<br />Current
<br /> Budget
<br />
<br /> Year to Date
<br />Actual
<br /> % of
<br /> Budget
<br />
<br /> Current
<br /> Budget
<br />
<br /> Year to Date
<br />Actual
<br /> % of
<br /> Budget
<br />
<br /> Current
<br /> Budget
<br />
<br /> Year to Date
<br />Actual
<br /> % of
<br /> Budget
<br />
<br /> Current
<br /> Budget
<br />
<br /> Year to Date
<br />Actual
<br /> % of
<br /> Budget
<br />Sales and cost of sales:
<br /> Sales 8,640,000$ 7,067,422$ 81.80%
<br /> Cost of sales (6,235,750) (4,725,365) 75.78%
<br /> Gross profit 2,404,250 2,342,058 97.41%
<br />Operating revenues:
<br /> User charges - - - 2,745,000$ 2,229,872$ 81.23%2,070,000$ 1,498,168$ 72.38%675,000$ 508,307$ 75.30%
<br /> Delinquency collections - - - 1,500 1,422 94.80%- 1,013 - - 45 -
<br /> Other 9,000 4,082 45.35%195,000 148,285 76.04%- - - - - -
<br /> Total operating revenues 9,000 4,082 45.35%2,941,500 2,379,580 80.90%2,070,000 1,499,181 72.42%675,000 508,352 75.31%
<br />Operating expenses:
<br /> Personal services 1,268,300 978,916 77.18%901,300 695,138 77.13%29,900 17,647 59.02%- - -
<br /> Supplies 31,500 10,652 33.82%334,900 235,080 70.19%23,250 869 3.74%1,000 - 0.00%
<br /> Other service charges 397,650 455,814 114.63%1,007,950 840,275 83.36%1,844,550 1,345,009 72.92%302,950 156,541 51.67%
<br /> Depreciation *70,000 - 0.00%1,710,000 - 0.00%- - - 500,000 - 0.00%
<br /> Total operating expenses 1,767,450 1,445,382 81.78%3,954,150 1,770,493 44.78%1,897,700 1,363,526 71.85%803,950 156,541 19.47%
<br />Operating income (loss)645,800 900,758 139.48%(1,012,650) 609,087 -60.15%172,300 135,655 78.73%(128,950) 351,811 -272.83%
<br />Nonoperating revenues (expenses):
<br /> Interest income 135,000 37,951 28.11%135,000 114,499 84.81%10,000 11,896 118.96%30,000 28,761 95.87%
<br /> Interest expense/agent fees - - - (77,550) (76,985) 99.27%- - - - - -
<br /> Total nonoperating revenues (expenses)135,000 37,951 28.11%57,450 37,514 65.30%10,000 11,896 118.96%30,000 28,761 95.87%
<br />Income (loss) before contributions & transfers 780,800 938,709 120.22%(955,200) 646,601 -67.69%182,300 147,551 80.94%(98,950) 380,572 -384.61%
<br />Contributions - connection fees - - - 1,000,000 880,146 88.01%- - - - - -
<br />Transfers in (ARPA funds)- - 0.00%
<br />Sale of assets - - 0.00%- - 0.00%- - 0.00%- - 0.00%
<br />Transfers out (1,100,000) (1,350,000) 122.73%(180,000) (180,000) 100.00%(60,000) (60,000) 100.00%(125,000) (125,000) 100.00%
<br />NET INCOME (LOSS)(319,200) (411,291) 128.85%(135,200) 1,346,747 -996.11%122,300 87,551 71.59%(223,950) 255,572 -114.12%
<br />Items reclassified to balance sheet at year end:
<br /> Bond Proceeds - -
<br /> Capital Outlay - - - (343,000) (261,540) - - - - (150,000) - -
<br /> Bond Payment - - - (530,000) (530,000) - - - - - - -
<br />Revenues over/(under) expenditures (319,200) (411,291) (1,008,200) 555,207 122,300 87,551 (373,950) 255,572
<br /> * Recorded at year-end
<br />CITY OF ELK RIVER
<br />ENTERPRISE FUNDS - BUDGET TO ACTUAL
<br />MONTH ENDED OCTOBER 31, 2025
<br />Liquor Sewer Garbage Stormwater
<br />Page 379 of 379
|