HomeMy Public PortalAbout662660SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
September 2012 September 2012 September 2012
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 62,612,830$ 323,425$ 62,936,255
Recovery of (provision for) doubtful sewer service charge (1,437,112) (5,645) (1,442,757)
Recovery of (provision for) uncollected Impervious charge - - -
Licenses, permits, and other fees 964,005 - 964,005
Other 928,640 26,899 955,539
Total operating revenues 63,068,363 344,679 63,413,042$
Operating Expenses:
Pumping and treatment 14,063,069 - 14,063,069$
Collection system maintenance 8,196,192 1,376,591 9,572,783
Engineering 660,781 1,657,132 2,317,913
General and administrative 9,941,181 - 9,941,181
Water backup claims 695,558 - 695,558
Depreciation 14,647,450 2,581,074 17,228,524
Asset Management 4,021,194 105,723 4,126,917
Total operating expenses 52,225,425 5,720,520 57,945,945$
Operating Income 10,842,938 (5,375,841) 5,467,097$
Nonoperating Revenues:
Property taxes levied by the District - 318,918 318,918$
Investment income 695,994 128,262 824,256
Build America bonds tax credit - - -
Rent and other income 69,505 - 69,505
Total nonoperating revenues 765,499 447,180 1,212,679$
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets (1,605) 73,035 71,430$
Nonrecurring projects and studies 119,322 712,584 831,906
Legal Claims - - -
Interest expense 4,291,288 - 4,291,288
Total nonoperating expenses 4,409,005 785,619 5,194,624$
Income before Capital Contributions 7,199,432 (5,714,280) 1,485,152$
Capital Contributions:
Utility plant contributed 520,965 819,644 1,340,609
Grant revenue - - -
Total capital contributions 520,965 819,644 1,340,609$
Change in Net Assets 7,720,397 (4,894,636) 2,825,761$
Net Assets-Beginning of Year 1,684,354,820 533,939,521 2,218,294,341$
Net Assets-End of Year 1,692,075,217$ 529,044,885$ 2,221,120,102$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
September 2012
(UNAUDITED)