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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 OCTOBER 2025 <br />2025 <br />OCTOBER <br />2024 <br />OCTOBER <br />2025 <br />YTD <br />2024 <br />YTD <br />2025 <br /> YTD <br />BUDGET <br />2025 YTD <br />Bud Var% <br />2024 v. 2025 <br />Actual Var% <br /> YTD <br />VARIANCE <br />2025 <br /> ANNUAL <br />BUDGETElectric <br />ELECTRIC & WATER CONSUMPTI 4,768 46,2843,488 52,50047,615 (9)365,000 1,331 <br />PLANT SUPPLIES & OTHER EXPEN 41 7,2561,477 12,5008,096 (35)1215,000 839 <br />MISC POWER GENERATION EXPE 123 62412583393913 511,000 315 <br />MAINTENANCE OF STRUCTURE -2,809 12,4751,280 16,66610,486 (37)(16)20,000 (1,989) <br />MTCE OF PLANT ENGINES/GENER 0 4,061264,166755 (82)(81)5,000 (3,305) <br />MTCE OF PLANT/LAND IMPROVE 421 16,30497440,00019,579 (51)2055,000 3,275 <br />23,092 240,250 273,066 22,247 217,301(12)11Total For Operating & Mtce Expense:341,000 22,948 <br /> Transmission Expense <br />TRANSMISSION MTCE AND EXPE 2,574 43,4313,122 63,33330,607 (52)(30)76,000 (12,823) <br />3,122 30,607 63,333 2,574 43,431(52)(30)Total For Transmission Expense:76,000 (12,823) <br /> Distribution Expense <br />REMOVE EXISTING SERVICE & M 251 35201,666936 (44)1652,000 583 <br />SCADA EXPENSE 2,505 39,3564,637 50,00052,069 4 3260,000 12,712 <br />TRANSFORMER EXPENSE OH & U 1,720 14,4381,543 20,83314,241 (32)(1)25,000 (197) <br />MTCE OF SIGNAL SYSTEMS 611 1,6216952,5003,971 59 1453,000 2,349 <br />METER EXPENSE - REMOVE & RE 0 46601,2501,110 (11)1381,500 644 <br />TEMP SERVICE - INSTALL & REM 0 33808,3332,161 (74)53810,000 1,822 <br />MISC DISTRIBUTION EXPENSE 21,005 311,26028,347 350,000340,763 (3)9420,000 29,502 <br />35,224 415,254 434,583 26,093 367,835(4)13Total For Distribution Expense:521,500 47,418 <br /> Maintenance Expense <br />MTCE OF STRUCTURES 9,838 74,0195,832 76,66676,388 0 392,000 2,369 <br />MTCE OF SUBSTATIONS 4,788 12,8944,867 37,50015,546 (59)2145,000 2,651 <br />MTCE OF SUBSTATION EQUIPME 1,571 82,4971,815 125,00037,760 (70)(54)150,000 (44,737) <br />MTCE OF OH LINES/TREE TRIM 318 214,5448,018 226,000167,046 (26)(22)300,000 (47,498) <br />MTCE OF OH LINES/STANDBY 3,324 36,2703,714 41,66637,013 (11)250,000 743 <br />MTCE OF OH PRIMARY 15,024 150,79210,938 158,333151,731 (4)1190,000 938 <br />MTCE OF URD PRIMARY 52,532 254,63130,900 250,000290,005 16 14300,000 35,374 <br />LOCATE ELECTRIC LINES 9,264 86,72613,448 104,166101,554 (3)17125,000 14,827 <br />LOCATE FIBER LINES 585 2,7424622,0833,785 82 382,500 1,042 <br />MTCE OF LINE TRANSFORMERS 5,724 43,7532,451 62,50089,541 43 10575,000 45,788 <br />MTCE OF STREET LIGHTING 2,016 60,7677,140 57,50054,313 (6)(11)69,000 (6,453) <br />MTCE OF SECURITY LIGHTING 2,338 20,28041620,83313,266 (36)(35)25,000 (7,014) <br />MTCE OF METERS 3,025 55,08413,081 66,66631,208 (53)(43)80,000 (23,875) <br />VOLTAGE COMPLAINTS 917 5,529010,0002,913 (71)(47)12,000 (2,615) <br />SALARIES TRANSMISSION & DIST 3,091 26,0313,233 30,00029,674 (1)1436,000 3,643136