HomeMy Public PortalAbout436828SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
MARCH 2012 MARCH 2012 MARCH 2012
YTD YTD YTD
Sanitary Storm T otal
Operating Revenues:
Sewer service charges 171,870,996 1,018,300 172,889,296$
Recovery of (provision for) doubtful sewer service charge -4,953,370 -220,981 (5,174,351)
Recovery of (provision for) uncollected Impervious charge 0 0 -
Licenses, permits, and other fees 1,930,018 0 1,930,018
Other 1,969,503 0 1,969,503
Total operating revenues 170,817,147$ 797,319$ 171,614,466$
Operating Expenses:
Pumping and treatment 36,136,428 -$ 36,136,428$
Collection system maintenance 21,387,970 5,715,325 27,103,295
Engineering 1,860,044 4,590,600 6,450,644
General and administrative 26,472,844 - 26,472,844
Water backup claims -2,192,347 - (2,192,347)
Depreciation 39,741,689 7,539,090 47,280,779
Asset Management 19,481,218 867,195 20,348,413
Total operating expenses 142,887,846$ 18,712,210$ 161,600,056$
Operating Income 27,929,301$ (17,914,891)$ 10,014,410$
Nonoperating Revenues:
Property taxes levied by the District 9,582 22,071,051$ 22,080,633$
Investment income 1,728,065 258,027 1,986,092
Build America bonds tax credit 1,309,000 - 1,309,000
Rent and other income 213,365 - 213,365
Total nonoperating revenues 3,260,012$ 22,329,078$ 25,589,090$
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets 1,456,953 89,972$ 1,546,925$
Nonrecurring projects and studies 935,450 3,015,681 3,951,131
Legal Claims - 5,000 5,000
Interest expense 12,990,294 - 12,990,294
Total nonoperating expenses 15,382,697$ 3,110,653$ 18,493,350$
Income before Capital Contributions 15,806,616$ 1,303,534$ 17,110,150$
Capital Contributions:
Utility plant contributed 2,410,510 3,695,879 6,106,389
Grant revenue 153,473 - 153,473
Total capital contributions 2,563,983$ 3,695,879$ 6,259,862$
Change in Net Assets 18,370,599$ 4,999,413$ 23,370,012$
Net Assets-Beginning of Year 1,674,256,151$ 522,762,985$ 2,197,019,136$
Net Assets-End of Year 1,692,626,750$ 527,762,398$ 2,220,389,148$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
MARCH 2012
(UNAUDITED)