HomeMy Public PortalAbout460967METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
SEPTEMBER 2012
(UNAUDITED)
SEPTEMBER 2012
YTD
Operating Revenues:
Sewer service charges $ 62,936,255
Recovery of (provision for) doubtful sewer service charge (1,442,757)
Recovery of (provision for) uncollected impervious charge -
Licenses, permits, and other fees 964,005
Other 955,539
Total operating revenues $ 63,413,042
Operating Expenses:
Pumping and treatment $ 14,063,069
Collection system maintenance 9,572,783
Engineering 2,317,913
General and administrative 9,941,181
Water backup claims 695,558
Depreciation 17,228,524
Asset Management 4,126,917
Total operating expenses $ 57,945,945
Operating Income $ 5,467,097
Non -operating Revenues:
Property taxes levied by the District $ 318,918
Investment income 824,256
Build America bonds tax credit -
Rent and other income 69,505
Total non -operating revenues $ 1,212,679
Non -operating Expenses:
Net loss on disposal and sale of capital assets $ 71,430
Non -recurring projects and studies 831,906
Legal Claims -
Interest expense 4,291,288
Total non -operating expenses $ 5,194,624
Income before Capital Contributions $ 1,485,152
Capital Contributions:
Utility plant contributed $ 1,340,609
Grant revenue
Total capital contributions $ 1,340,609
Change in Net Position $ 2,825,761
Net Position -Beginning of Year $ 2,218,294,341
Net Position -End of Year $ 2,221,120,102