HomeMy Public PortalAboutDec Income Statement_1DECEMBER 2017
SEQ #YTD
Operating Revenues:
301 Sewer service charges 185,910,544$
302 Recovery of (provision for) doubtful sewer service charge (1,432,187)
304 Licenses, permits, and other fees 1,415,088
305 Other 1,186,826
Total operating revenues 187,080,271$
Operating Expenses:
306 Pumping and treatment 31,594,601$
307 Collection system maintenance 22,287,009
308 Engineering 5,364,165
309 General and administrative 25,855,887
310 Water backup claims 499,256
311 Depreciation 40,654,652
312 Asset Management 7,154,604
Total operating expenses 133,410,174$
Operating Income 53,670,097$
Non-operating Revenues:
313 Property taxes levied by the District 31,762,841$
314 Investment income 2,405,805
315 Rent and other income 103,481
Total non-operating revenues 34,272,127$
Non-operating Expenses:
316 Net loss on disposal and sale of capital assets 355,954$
317 Non-recurring projects and studies 5,477,859
318 Interest expense 17,240,591
Total non-operating expenses 23,074,404$
Income before Capital Contributions 64,867,820$
Capital Contributions:
319 Utility plant contributed 13,251,488$
320 Grant revenue 87,397
Total capital contributions 13,338,885$
Change in Net Position 78,206,705$
Net Position-Beginning of Year 2,391,168,054$
Net Position-End of Period 2,469,374,759$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2017
(UNAUDITED)