HomeMy Public PortalAboutDec Income Statement_0DECEMBER 2016
YTD
Operating Revenues:
Sewer service charges 166,136,518$
Recovery of (provision for) doubtful sewer service charge (1,114,866)
Licenses, permits, and other fees 1,954,120
Other 631,148
Total operating revenues 167,606,920$
Operating Expenses:
Pumping and treatment 30,382,380$
Collection system maintenance 21,862,199
Engineering 5,687,107
General and administrative 27,496,630
Water backup claims 2,370,067
Depreciation 40,502,635
Asset Management 8,207,818
Total operating expenses 136,508,836$
Operating Income 31,098,084$
Non-operating Revenues:
Property taxes levied by the District 30,500,023$
Investment income 549,877
Rent and other income 51,752
Total non-operating revenues 31,101,652$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 409,458$
Non-recurring projects and studies 3,797,022
Interest expense 15,699,814
Total non-operating expenses 19,906,294$
Income before Capital Contributions 42,293,442$
Capital Contributions:
Utility plant contributed 2,859,644$
Grant revenue 147,457
Total capital contributions 3,007,101$
Change in Net Position 45,300,543$
Net Position-Beginning of Year 2,327,057,113$
Net Position-End of Year 2,372,357,656$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2016
(UNAUDITED)