HomeMy Public PortalAbout426607METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
FOR THE PERIOD ENDING
SEPTEMBER 2011
(UNAUDITED)
Operating Revenues:
Sewer service charges
Recovery of (provision for) doubtful sewer service charge
Recovery of (provision for) uncollected impervious charge
Licenses, permits, and other fees
Other
Total operating revenues
Operating Expenses:
Pumping and treatment
Collection system maintenance
Engineering
General and administrative
Water backup claims
Depreciation
Asset Management
Total operating expenses
Operating Income
Nonoperating Revenues:
Property taxes levied by the District
Investment income
Build America bonds tax credit
Rent and other income
Total nonoperating revenues
SEPTEMBER 2011
YTD
58,800,274
(2,102,541)
788,900
385,851
57,872,484
13,110,835
8,687,877
1,926,008
8,054,721
(1,331,340)
16,958,517
9,599,934
57,006,552
865,932
273,180
1,048,514
437,920
70,611
1,830,225
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets $ 190,647
Nonrecurring projects and studies 968,352
Legal Claims 5,000
Interest expense 3,464,236
Total nonoperating expenses $ 4,628,235
Income before Capital Contributions $ (1,932,078)
Capital Contributions:
Utility plant contributed $ 1,340,114
Grant revenue 153,354
Total capital contributions $ 1,493,468
Change in Net Assets $ (438,610)
Net Assets -Beginning of Year $ 2,197,019,136
Net Assets -End of Year $ 2,196,580,526