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TABLE OF CONTENTS AND COMMENTS <br />Page Title and Comments <br />2004 Budget Summary. Year-end financials will be available when audit is complete. <br />2 Elk River Municipal Utilities' Electrical Statistics Graphs. <br />3 Elk River Municipal Utilities' Power Costs & Security Systems graphs. <br />4 Elk River Municipal Utilities' Water Statistics graphs. <br />Wind Turbine/LFG output comparisons graphs for Year 2004. <br />6 Electric Service Territory Map of Elk River Municipal Utilities. The dashed block line <br />indicates the existing service territory boundary. Elk River Municipal Utilities currently <br />provides electric service for parts of Elk River, Otsego, Dayton and Big Lake Town- <br />ship. Contract agreements between Connexus Energy and Elk River Municipal Utilities <br />allows for continued service territory acquisition. The hatched area indicates areas and <br />time frame. <br />7-8 Results of Minnesota Municipal Utilities Associations' 2004 Electric Rate Survey of 126 <br />municipal electric utilities. <br />