HomeMy Public PortalAbout704669SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS
December 2013 December 2013 December 2013
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 125,353,408$ 663,313$ 126,016,721
Recovery of (provision for) doubtful sewer service charge (1,673,419) (12,416) (1,685,835)
Licenses, permits, and other fees 3,422,828 - 3,422,828
Other 1,380,843 - 1,380,843
Total operating revenues 128,483,660 650,897 129,134,557
Operating Expenses:
Pumping and treatment 27,035,193 - 27,035,193
Collection system maintenance 16,196,460 3,897,908 20,094,368
Engineering 2,865,563 3,307,500 6,173,063
General and administrative 21,724,380 - 21,724,380
Water backup claims 826,982 - 826,982
Depreciation 30,467,193 5,364,791 35,831,984
Asset Management 6,015,024 45,733 6,060,757
Total operating expenses 105,130,795 12,615,932 117,746,727
Operating Income 23,352,865 (11,965,035) 11,387,830
Nonoperating Revenues:
Property taxes levied by the District 3,417 23,306,017 23,309,434
Investment income 1,230,835 119,113 1,349,948
Rent and other income 155,621 - 155,621
Total nonoperating revenues 1,389,873 23,425,130 24,815,003
Nonoperating Expenses:
Net (gain) loss on disposal and sale of capital assets (104,538) (9,202) (113,740)
Nonrecurring projects and studies 9,891 646,276 656,167
Interest expense 12,052,143 - 12,052,143
Total nonoperating expenses 11,957,496 637,074 12,594,570
Income before Capital Contributions 12,785,242 10,823,021 23,608,263
Capital Contributions:
Utility plant contributed 1,358,283 1,123,582 2,481,865
Total capital contributions 1,388,868 1,123,582 2,512,450
Change in Net Assets 14,174,110 11,946,603 26,120,713
Net Position-Beginning of Year 1,709,812,189 539,384,664 2,249,196,853
Net Position-End of Year 1,723,986,299$ 551,331,267$ 2,275,317,566$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
December 2013
(UNAUDITED)