HomeMy Public PortalAbout426601DECEMBER 2011
YTD
Operating Revenues:
Sewer service charges 117,449,165$
Recovery of (provision for) doubtful sewer service charge (3,838,677)
Recovery of (provision for) uncollected impervious charge -
Licenses, permits, and other fees 1,343,741
Other 1,200,376
Total operating revenues 116,154,605$
Operating Expenses:
Pumping and treatment 24,800,876$
Collection system maintenance 17,802,971
Engineering 3,924,412
General and administrative 16,554,753
Water backup claims (1,861,025)
Depreciation 34,819,436
Asset Management 17,386,000
Total operating expenses 113,427,423$
Operating Income 2,727,182$
Non-operating Revenues:
Property taxes levied by the District 9,526,885$
Investment income 1,502,922
Build America bonds tax credit 871,849
Rent and other income 145,949
Total non-operating revenues 12,047,605$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 249,537$
Non-recurring projects and studies 3,702,259
Legal Claims 5,000
Interest expense 8,499,842
Total non-operating expenses 12,456,638$
Income before Capital Contributions 2,318,149$
Capital Contributions:
Utility plant contributed 4,346,679$
Grant revenue 153,473
Total capital contributions 4,500,152$
Change in Net Position 6,818,301$
Net Position-Beginning of Year 2,197,019,136$
Net Position-End of Year 2,203,837,437$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
DECEMBER 2011