HomeMy Public PortalAboutSeptember (FY21) Segmented Income StatementSeptember 2020 September 2020 September 2020
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 103,469,968$ (163)$ 103,469,805$
Recovery of (provision for) doubtful sewer service charge (1,441,843) 974 (1,440,869)
Licenses, permits, and other fees 931,918 - 931,918
Other 497,777 - 497,777
Total operating revenues 103,457,820 811 103,458,631
Operating Expenses:
Pumping and treatment 17,185,931$ -$ 17,185,931$
Collection system maintenance 9,037,093 3,204,872 12,241,965
Engineering 14,080 2,696,243 2,710,323
General and administrative 13,401,749 4,957 13,406,706
Water backup claims 1,372,720 - 1,372,720
Depreciation 19,355,923 3,052,689 22,408,612
Asset Management 2,769,174 507,403 3,276,577
Total operating expenses 63,136,670 9,466,164 72,602,834
Operating Income 40,321,150$ (9,465,353)$ 30,855,797$
Nonoperating Revenues:
Property taxes levied by the District -$ 94,471$ 94,471$
Investment income 677,610 68,265 745,875
Rent and other income 75,249 - 75,249
Total nonoperating revenues 752,859 162,736 915,595
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 7,510$ 1,996$ 9,506$
Non-recurring projects and studies 3,031,772 749,416 3,781,188
Interest expense 13,492,682 13,492,682
Total non-operating expenses 16,531,964 751,412 17,283,376
Income before Capital Contributions 24,542,045$ (10,054,029)$ 14,488,016$
Capital Contributions:
Utility plant contributed 15,208$ 57,586$ 72,794$
Grant revenue 155,243 - 155,243
Total capital contributions 170,451 57,586 228,037
Change in Net Position 24,712,496$ (9,996,443)$ 14,716,053$
Net Position-Beginning of Year 2,213,212,721$ 557,416,170$ 2,770,628,891$
Net Position-End of Year 2,237,925,217$ 547,419,727$ 2,785,344,944$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
September 2020
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION