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HomeMy Public PortalAbout662664SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS December 2012 December 2012 December 2012 YTD YTD YTD Sanitary Storm Total Operating Revenues: Sewer service charges 125,923,441$ 664,314$ 126,587,755 Recovery of (provision for) doubtful sewer service charge (2,380,940) (12,350) (2,393,290) Licenses, permits, and other fees 1,631,347 - 1,631,347 Other 2,268,343 26,899 2,295,242 Total operating revenues 127,442,191 678,863 128,121,054$ Operating Expenses: Pumping and treatment 26,215,124 - 26,215,124$ Collection system maintenance 15,743,180 2,959,941 18,703,121 Engineering 1,265,607 3,314,266 4,579,873 General and administrative 18,490,593 - 18,490,593 Water backup claims 1,149,068 - 1,149,068 Depreciation 29,337,707 5,168,298 34,506,005 Asset Management 8,880,814 486,909 9,367,723 Total operating expenses 101,082,093 11,929,414 113,011,507$ Operating Income 26,360,098 (11,250,551) 15,109,547$ Nonoperating Revenues: Property taxes levied by the District 8,692 23,648,340 23,657,032$ Investment income 936,873 143,413 1,080,286 Rent and other income 146,228 - 146,228 Total nonoperating revenues 1,091,793 23,791,753 24,883,546$ Nonoperating Expenses: Net (gain) loss on disposal and sale of capital assets (91,218) 49,949 (41,269)$ Nonrecurring projects and studies 911,119 954,097 1,865,216 Interest expense 10,024,673 - 10,024,673 Total nonoperating expenses 10,844,574 1,004,046 11,848,620$ Income before Capital Contributions 16,607,317 11,537,156 28,144,473$ Capital Contributions: Utility plant contributed 1,086,122 1,210,357 2,296,479 Grant revenue (1) - (1) Total capital contributions 1,086,121 1,210,357 2,296,478$ Change in Net Assets 17,693,438 12,747,513 30,440,951$ Net Assets-Beginning of Year 1,684,354,820 533,939,521 2,218,294,341$ Net Assets-End of Year 1,702,048,258$ 546,687,034$ 2,248,735,292$ METROPOLITAN ST. LOUIS SEWER DISTRICT FOR THE PERIOD ENDING December 2012 (UNAUDITED)