Laserfiche WebLink
<br />UTILITIES COMMISSION MEETING <br />TO:FROM: <br />ERMU Commission Melissa Karpinski –Finance Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />March11, 2025 5.2 <br />SUBJECT: <br />Financial Report – January 2025 <br />ACTION REQUESTED: <br />Receive the January 2025Financial Report <br />DISCUSSION: <br />Please note that these are the preliminary unaudited financial statements. <br /> <br />Electric <br />January year to date (YTD) electric kWh sales are up 21% from the prior year. For further <br />breakdown: <br /> Residential usage is up 33% <br /> Small Commercial usage is up 27% <br /> Large Commercial usage is up 13% <br />For January 2025, the Electric Department overall is ahead of prior YTD and favorable to budget <br />YTD. Additional variance analysis can be found on the Summary Electric Statement of Revenues, <br />Expenses and Changes in Net Position attachment. <br />Water <br />January YTD gallons of water sold are up 25% from the prior year. For further breakdown: <br /> Residential use is up 25% <br /> Commercial use is up 25% <br />For January 2025, the Water Department overall is behind prior YTD but favorable to budget <br />YTD. Additional variance analysis can be found on the Summary Water Statement of Revenues, <br />Expenses and Changes in Net Position attachment. <br /> <br />ATTACHMENTS: <br /> Balance Sheet 1.2025 <br /> Electric Balance Sheet 1.2025 <br /> Water Balance Sheet 1.2025 <br /> Summary Electric Statement of Revenues, Expenses and Changes in Net Position 1.2025 <br /> Summary Water Statement of Revenues, Expenses and Changes in Net Position 1.2025 <br /> Graphs Prior Year and YTD 2025 <br /> Detailed Electric Statement of Revenues, Expenses and Changes in Net Position 1.2025 <br />______________________________________________________________________________ <br />Page 1 of 2 <br />110 <br /> <br />