HomeMy Public PortalAbout3827021/18/2011
3:19 PM
FY '11
YTD
Operating Revenues:
Sewer service charges 118,297,320$
Recovery of (provision for) doubtful sewer service charge (2,933,583)
Licenses, permits, and other fees 1,441,304
Other 679,403
Total operating revenues 117,484,444$
Operating Expenses:
Pumping and treatment 25,915,889$
Collection system maintenance 17,229,642
Engineering 4,846,921
General and administrative 16,417,843
Water backup claims 2,074,932
Depreciation 27,049,210
Other 18,349,318
Total operating expenses 111,883,755$
Operating Income 5,600,689$
Nonoperating Revenues:
Property taxes levied by the District 13,001,134$
Investment income 4,621,265
Build America bonds tax credit 871,080
Rent and other income 132,940
Total nonoperating revenues 18,626,419$
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets (41,268)$
Nonrecurring projects and studies 2,914,257
Interest expense 6,002,380
Total nonoperating expenses 8,875,369$
Income before Capital Contributions 15,351,739$
Capital Contributions:
Utility plant contributed 4,114,348
Grant revenue 314,967
Total capital contributions 4,429,315$
Change in Net Assets 19,781,054$
Net Assets-Beginning of Year 2,207,650,398$
Net Assets-End of Year 2,227,431,452$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
FOR THE PERIOD ENDING
DECEMBER 2010