HomeMy Public PortalAbout704666DECEMBER 2013
YTD
Operating Revenues:
Sewer service charges 126,016,721$
Recovery of (provision for) doubtful sewer service charge (1,685,835)
Licenses, permits, and other fees 3,422,828
Other 1,380,843
Total operating revenues 129,134,557$
Operating Expenses:
Pumping and treatment 27,035,193$
Collection system maintenance 20,094,368
Engineering 6,173,063
General and administrative 21,724,380
Water backup claims 826,982
Depreciation 35,831,984
Asset Management 6,060,757
Total operating expenses 117,746,727$
Operating Income 11,387,830$
Non-operating Revenues:
Property taxes levied by the District 23,309,434$
Investment income 1,349,948
Rent and other income 155,621
Total non-operating revenues 24,815,003$
Non-operating Expenses:
Net gain on disposal and sale of capital assets (113,740)$
Non-recurring projects and studies 656,167
Interest expense 12,052,143
Total non-operating expenses 12,594,570$
Income before Capital Contributions 23,608,263$
Capital Contributions:
Utility plant contributed 2,481,865$
Grant revenue 30,585
Total capital contributions 2,512,450$
Change in Net Position 26,120,713$
Net Position-Beginning of Year 2,249,196,853$
Net Position-End of Year 2,275,317,566$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
DECEMBER 2013