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ELK RIVER MUNICIPAL UTILITIES <br />SUMMARY OF YEAR 2010 <br />BUDGETS <br />ELECTRIC BUDGET SUMMARY 2010 <br />ELECTRIC REVENUE $ 25,341,014 <br />ELECTRIC EXPENDITURES 24,963,521 <br />ELECTRIC NET FOR CAPITAL 377,494 <br />DEBT RETIREMENT 512,500 <br />PROMISSORY NOTE TO COUNTY 191,323 <br />LESS DEBT PRINCIPAL PMTS (326,329) <br />CAPITAL EQUIPMENT/CONSTRUCTION 1,442,625 <br />BONDING <br />NET (1,768,954) <br />DEPRECIATION 2,125,000 <br />NET TO RESERVES 356,046 <br />BUDGET SUMMARY2010 <br />