|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />WATER BALANCE SHEET
<br />Current Month
<br />Change from
<br />Prior MonthOctober 31, 2025 September 30, 2025
<br />ASSETS
<br />CURRENT ASSETS
<br /> CASH 6,619,158 6,411,869 207,289
<br /> ACCOUNTS RECEIVABLE 5,268,177 5,293,924 (25,746)
<br /> INVENTORIES 49,448 58,808 (9,360)
<br /> PREPAID ITEMS 61,170 66,257 (5,087)
<br /> CONSTRUCTION IN PROGRESS 354,966 309,307 45,658
<br /> TOTAL CURRENT ASSETS 12,352,919 12,140,164 212,754
<br />RESTRICTED ASSETS
<br /> EMERGENCY RESERVE FUND 4,300,295 4,292,591 7,704
<br /> TOTAL RESTRICTED ASSETS 4,300,295 4,292,591 7,704
<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 (25,064,437)(24,949,263)(115,174)
<br /> TOTAL FIXED ASSETS, NET 24,654,775 24,769,949 (115,174)
<br />INTANGIBLE ASSETS
<br />OTHER ASSETS AND DEFERRED OUTFLOWS 61,420 61,420 0
<br /> TOTAL ASSETS 41,369,409 41,264,124 105,284
<br />LIABILITIES AND FUND EQUITY
<br />CURRENT LIABILITIES
<br /> ACCOUNTS PAYABLE 331,683 403,098 (71,415)
<br /> SALARIES AND BENEFITS PAYABLE 187,901 172,776 15,125
<br /> DUE TO CITY 3,539 5,489 (1,950)
<br /> UNEARNED REVENUE 523,565 490,443 33,122
<br /> TOTAL CURRENT LIABILITIES 1,046,688 1,071,806 (25,118)
<br />LONG TERM LIABILITIES
<br /> BONDS PAYABLE, LESS CURRENT PORTION 1,484,752 1,485,306 (554)
<br /> PENSION LIABILITIES 328,984 328,984 0
<br /> TOTAL LONG TERM LIABILITIES 1,813,736 1,814,290 (554)
<br /> TOTAL LIABILITIES 2,860,424 2,886,096 (25,672)
<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)368,141 237,184 130,957
<br /> TOTAL FUND EQUITY 33,819,899 33,688,942 130,957
<br /> TOTAL LIABILITIES & FUND EQUITY 41,369,409 41,264,124 105,284
<br />126
|