|
ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />SUPPLEMENTAL INFORMATION
<br />SCHEDULES OF OPERATING REVENUE AND EXPENSES -CONTINUED
<br />YEARS ENDED DECEMBER 31, 2008 AND 2007
<br />OPERATING EXPENSES -CONTINUED
<br />General and administrative
<br />Salaries
<br />Employee pensions and benefits
<br />Dues
<br />Office supplies and billing expense
<br />Office utilities and maintenance
<br />Consulting fees
<br />Legal and audit
<br />Environmental compliance
<br />Conservation improvement project
<br />Insurance
<br />Telephone
<br />Advertising
<br />Education and meetings
<br />Miscellaneous
<br />Total
<br />TOTAL OPERATING EXPENSES
<br />2008
<br />Electric
<br />Water
<br />Total
<br />$ 372,002 $ 120,086 $ 492,088
<br />903,777 223,130 1,126,907
<br />142,957 34,907 177,864
<br />59,007 22,940 81,947
<br />148,353 7,737 156,090
<br />7,709 6,377 14,086
<br />66,478 22,015 88,493
<br />23,595 - 23,595
<br />- 10,107 10,107
<br />119,747 36,220 155,967
<br />15,176 5,036 20,212
<br />12,798 1,662 14,460
<br />79,158 42,101 121,259
<br />3,650 2,974 6,624
<br />1,954,407 535,292 2,489,699
<br />21,601,752 2,160,261 23,762,013
<br />OPERATING INCOME (LOSS)
<br />NONOPERATING REVENUES (EXPENSES)
<br />Interest income
<br />Connection charges
<br />Customer penalties
<br />Miscellaneous revenue
<br />Interest expense
<br />Amortization of bond discount
<br />Gain (loss) on sale of capital assets
<br />Miscellaneous expense
<br />TOTAL NONOPERATING
<br />REVENUES (EXPENSES)
<br />INCOME (LOSS) BEFORE
<br />CONTRIBUTIONS AND TRANSFERS
<br />CONTRIBUTIONS FROM DEVELOPERS
<br />TRANSFERS TO OTHER CITY FUNDS
<br />NET INCOME
<br />NET ASSETS, JANUARY 1
<br />PRIOR PERIOD ADJUSTMENTS
<br />NET ASSETS, RESTATED, JANUARY 1
<br />NET ASSETS, DECEMBER 31
<br />1,152,598 (51,247) 1,101,351
<br />155,597 51,873 207,470
<br />300,769 236,536 537,305
<br />187,553 21,110 208,663
<br />126,969 8,922 135,891
<br />(314,775) (279,292) (594,067)
<br />(11,169) (13,164) (24,333)
<br />(8,369) - (8,369)
<br />(3,158) - (3,158)
<br />
<br />433,417 25,985 459,402
<br />
<br />1,586,015 (25,262) 1,560,753
<br />(540,636) (20,000) (560,636)
<br />1,045,379 (45,262) 1,000,117
<br />24,015,574 20,830,416 44,845,990
<br />(108,417) (8,560) (116,977)
<br />23,907,157 20,821,856 44,729,013
<br />$ 24,952,536 $ 20,776,594 $ 45,729,130
<br />-33-
<br />
|