|
Water
<br />Revenue
<br />Operating Revenue
<br />Water Sales
<br />Total Operating Revenue
<br />Other Operating Revenue
<br />Interest/Dividend Income
<br />Customer Penalties
<br />Connection Fees
<br />Misc Revenue
<br />Total Other Revenue
<br />Total Revenue
<br />Expenses
<br />Production Expense
<br />Pumping Expense
<br />Distribution Expense
<br />Depreciation & Amortization
<br />Interest Expense
<br />Other Operating Expense
<br />Customer Accounts Expense
<br />Administrative Expense
<br />General Expense
<br />Total Expenses(before Operating Transfers)
<br />Operating Transfer
<br />Utilities & Labor Donated
<br />Total Operating Transfer
<br />Net Income Profit(Loss)
<br />ELK RIVER MUNICIPAL UTILITIES
<br />ELK RIVER, MINNESOTA
<br />STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
<br />FOR PERIOD ENDING JUNE 2024
<br />2024 2024 2024 YTD 2024 YTD 2024 2023 2023 YTD 2023 v. 2024 Variance
<br />JUNE YTD YTD Budget Bud Var% ANNUAL JUNE YTD VARIANCE Actual Var% Item
<br />BUDGET Variance BUDGET
<br />267,693 1,047,184 935,572 111,612 12 2,788,003 438,631 1,162,004 (114,819) (10)
<br />267,693 1,047,184 935,572 111,612 12 2,788,003 438,631 1,162,004 (114,819) (10)
<br />9,214
<br />35,135
<br />20,750
<br />14,385 69
<br />41,500
<br />2,254
<br />16,356 11W18,779 -(1)
<br />1,080
<br />9,873
<br />12,500
<br />(2,627) (21)
<br />25,000
<br />1,134
<br />7,282 2,590 36
<br />25,940
<br />212,900
<br />127,500 ib.
<br />85,400
<br />255,000
<br />12,961
<br />106,877 W 106,023 �(2)
<br />1,496
<br />7,217
<br />7,775
<br />(558) (7)
<br />618,786
<br />975
<br />7,035 182 3
<br />37,730
<br />265,125
<br />168,525
<br />96,600 57
<br />940,286
<br />17,324
<br />137,551 127,575 93
<br />305,423
<br />1,312,309
<br />1,104,097
<br />208,213 19
<br />3,728,289
<br />455,955
<br />1,299,554 12,755 1
<br />7,965
<br />64,810
<br />57,500
<br />7,310
<br />13
<br />115,000
<br />7,086
<br />55,493
<br />9,316
<br />17
<br />45,006
<br />261,277
<br />322,836
<br />(61,559)
<br />645,671
<br />53,215
<br />287,416
<br />(26,139)
<br />(9) (3)
<br />23,209
<br />174,175
<br />225,125
<br />(50,950)
<br />422,250
<br />33,650
<br />184,176
<br />(10,001)
<br />(5) (4)
<br />101,672
<br />605,562
<br />574,500
<br />31,062
<br />5
<br />1,148,988
<br />97,653
<br />585,077
<br />20,485
<br />4
<br />2,912
<br />17,475
<br />17,474
<br />0
<br />0
<br />33,949
<br />3,112
<br />18,675
<br />(1,200)
<br />(6)
<br />219
<br />782
<br />1,650
<br />(868)
<br />(53)
<br />82,300
<br />105
<br />2,413
<br />(1,631)
<br />(68)
<br />8,277
<br />46,229
<br />45,875
<br />354
<br />1
<br />91,750
<br />6,711
<br />43,434
<br />2,796
<br />6
<br />75,084
<br />499,222
<br />553,570
<br />(54,347)
<br />(10)
<br />1,092,624
<br />67,674
<br />491,860
<br />7,362
<br />1
<br />626
<br />1,923
<br />7,625
<br />(5,702)
<br />(75)
<br />15,250
<br />353
<br />3,742
<br />(1,819)
<br />(49)
<br />264,969
<br />1,671,454
<br />1,806,155
<br />(134,701)
<br />(7)
<br />3,647,782
<br />269,559
<br />1,672,286
<br />(832)
<br />(0)
<br />0 0 750 (750) (100) 1,500 0 0 0 0
<br />0 0 750 (750) (100) 1,500 0 0 0 0
<br />40,454 (359,144) (702,808) 343,663 49 79,007 186,395 (372,731) 13,587 4
<br />Item Variance of+/- $15,000 and+/- 15%
<br />(1) PYTD variance is due to the change in Fair Market Value of Investments. Also more funds were transferred to UBS in May 2024.
<br />(2) YTD budget and PYTD variance due to large 2 large connection agreements in January 2024.
<br />(3) YTD budget variance is mainly due to Electric usage being lower at Well 7 and Well 9 due to maintenance issues.
<br />(4) YTD budget variance is mainly due to the budget amount for Mtce of Water Mains having an even budget spread.
<br />AN
<br />
|