HomeMy Public PortalAbout662662SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
March 2013 March 2013 March 2013
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 182,615,790$ 997,451$ 183,613,241
Recovery of (provision for) doubtful sewer service charge (2,736,566) (16,637) (2,753,203)
Licenses, permits, and other fees 2,124,777 - 2,124,777
Other 2,618,898 26,900 2,645,798
Total operating revenues 184,622,899 1,007,714 185,630,613$
Operating Expenses:
Pumping and treatment 39,569,955 - 39,569,955$
Collection system maintenance 23,283,606 4,521,249 27,804,855
Engineering 1,826,963 4,971,397 6,798,360
General and administrative 29,167,100 - 29,167,100
Water backup claims 1,867,424 - 1,867,424
Depreciation 43,461,137 7,804,498 51,265,635
Asset Management 7,973,604 460,290 8,433,894
Total operating expenses 147,149,789 17,757,434 164,907,223$
Operating Income 37,473,110 (16,749,720) 20,723,390$
Nonoperating Revenues:
Property taxes levied by the District 8,693 24,222,575 24,231,268$
Investment income 1,262,342 175,868 1,438,210
Rent and other income 221,923 - 221,923
Total nonoperating revenues 1,492,958 24,398,443 25,891,401$
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets (100,557) 132,099 31,542$
Nonrecurring projects and studies 1,752,142 1,464,879 3,217,021
Interest expense 14,102,500 - 14,102,500
Total nonoperating expenses 15,754,085 1,596,978 17,351,063$
Income before Capital Contributions 23,211,983 6,051,745 29,263,728$
Capital Contributions:
Utility plant contributed 1,698,895 3,318,541 5,017,436
Grant revenue - - -
Total capital contributions 1,698,895 3,318,541 5,017,436$
Change in Net Assets 24,910,878 9,370,286 34,281,164$
Net Assets-Beginning of Year 1,684,354,820 533,939,521 2,218,294,341$
Net Assets-End of Year 1,709,265,698$ 543,309,807$ 2,252,575,505$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2013
(UNAUDITED)