HomeMy Public PortalAbout530673METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
MARCH 2013
(UNAUDITED)
MARCH 2013
YTD
Operating Revenues:
Sewer service charges $ 183,613,241
Recovery of (provision for) doubtful sewer service charge (2,753,203)
Licenses, permits, and other fees 2,124,777
Other 2,645,798
Total operating revenues $ 185,630,613
Operating Expenses:
Pumping and treatment $ 39,569,955
Collection system maintenance 27,804,855
Engineering 6,798,360
General and administrative 29,167,100
Water backup claims 1,867,424
Depreciation 51,265,635
Asset Management 8,433,894
Total operating expenses $ 164,907,223
Operating Income $ 20,723,390
Non -operating Revenues:
Property taxes levied by the District
Investment income
Rent and other income
Total non -operating revenues
24,231,268
1,438,210
221,923
25,891,401
Non -operating Expenses:
Net loss on disposal and sale of capital assets $ 31,542
Non-recuiTing projects and studies 3,217,021
Legal Claims
Interest expense 14,102,500
Total non -operating expenses $ 17,351,063
Income before Capital Contributions $ 29,263,728
Capital Contributions:
Utility plant contributed $ 5,017,436
Grant revenue
Total capital contributions $ 5,017,436
Change in Net Position
$ 34,281,164
Net Position -Beginning of Year $ 2,218,294,341
Net Position -End of Year $ 2,252,575,505