HomeMy Public PortalAbout662659Sanitary Storm Total
Assets
Current Assets
Unrestricted Current Assets
Cash and cash equivalents 83,202,960$ 1,197,764$ 84,400,724$
Investments 66,140,653 1,049,985 67,190,638
Sewer service charges receivable, less allowance of
$3,819,791 in 2013 34,207,405 — 34,207,405
Unbilled sewer service charges receivable, less allowance of
$351,645 in 2013 17,472,360 109,873 17,582,233
Property taxes receivable — 2,325,743 2,325,743
Accrued income on investments 807,632 — 807,632
Other receivables 964,595 — 964,595
Supplies inventory 6,621,892 — 6,621,892
Total Unrestricted Current Assets 209,417,497 4,683,365 214,100,862
Restricted Current Assets
Cash and cash equivalents 69,449,837 — 69,449,837
Investments 79,625,995 — 79,625,995
Total Restricted Current Assets 149,075,832 — 149,075,832
Total Current Assets 358,493,329 4,683,365 363,176,694
Non-Current Assets
Restricted Assets
Cash and cash equivalents 3,157,962 24,746,082 27,904,044
Investments 5,540,709 17,400,220 22,940,929
Long-term investments 59,910,456 23,350,911 83,261,367
Property taxes receivable 9,667 666,955 676,622
Accrued income on investments 116,818 85,231 202,049
Total Restricted Non-Current Assets 68,735,612 66,249,399 134,985,011
Other Assets
Notes receivable 14,640,552 — 14,640,552
Long-term investments 88,892,758 1,409,068 90,301,826
Total other assets 103,533,310 1,409,068 104,942,378
Capital Assets
Depreciable:
Treatment and disposal plant and equipment 1,027,055,525 — 1,027,055,525
Collection and pumping plant 1,623,517,635 602,738,600 2,226,256,235
General plant and equipment 75,880,114 16,296,534 92,176,648
2,726,453,274 619,035,134 3,345,488,408
Less: Accumulated depreciation 936,679,376 159,586,760 1,096,266,136
Net depreciable assets 1,789,773,898 459,448,374 2,249,222,272
Non-depreciable:
Land 44,433,883 5,642,761 50,076,644
Construction in progress 352,895,061 7,612,460 360,507,521
Net capital assets 2,187,102,842 472,703,595 2,659,806,437
Total Non-Current Assets 2,359,371,764 540,362,062 2,899,733,826
Total Assets 2,717,865,093 545,045,427 3,262,910,520
For The Year
Ended June 30, 2013
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENTS OF NET POSITION
Sanitary Storm Total
Liabilities
Current Liabilities
Contracts and accounts payable 27,238,153$ 183,231$ 27,421,384$
Deposits and accrued expenses 27,268,022 — 27,268,022
Retainage payable 9,746,267 3,420 9,749,687
Current portion of bonds and notes payable 19,435,714 — 19,435,714
83,688,156 186,651 83,874,807
Current Liabilities-Payable From Restricted Assets
Contracts and accounts payable — 5,342,074 5,342,074
Retainage payable 83,296 132,038 215,334
83,296 5,474,112 5,557,408
Total Current Liabilities 83,771,452 5,660,763 89,432,215
Non-Current Liabilities
Deposits and accrued expenses 10,398,107 — 10,398,107
Bonds and notes payable 913,883,345 — 913,883,345
Total Non-Current Liabilities 924,281,452 — 924,281,452
Total Liabilities 1,008,052,904 5,660,763 1,013,713,667
Net Position
Net investment in capital assets 1,414,127,332 472,703,595 1,886,830,927
Restricted for:
Debt service 47,140,132 — 47,140,132
Subdistrict construction and improvement 9,449,946 60,775,287 70,225,233
Unrestricted 239,094,779 5,905,782 245,000,561
Total Net Position 1,709,812,189$ 539,384,664$ 2,249,196,853$
Ended June 30, 2013
For The Years