HomeMy Public PortalAboutDec Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2014 DECEMBER 2014 DECEMBER 2014
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 141,544,477$ 683,252$ 142,227,729$
Recovery of (provision for) doubtful sewer service charge (1,834,735) (82,803) (1,917,538)
Licenses, permits, and other fees 3,945,147 - 3,945,147
Other 477,610 1,101 478,711
Total operating revenues 144,132,499 601,550 144,734,049
Operating Expenses:
Pumping and treatment 31,480,832 - 31,480,832
Collection system maintenance 16,425,122 4,515,307 20,940,429
Engineering 2,316,196 3,182,427 5,498,623
General and administrative 23,249,180 - 23,249,180
Water backup claims 1,168,996 - 1,168,996
Depreciation 33,887,592 5,437,416 39,325,008
Asset Management 5,541,363 30,414 5,571,777
Total operating expenses 114,069,281 13,165,564 127,234,845
Operating Income 30,063,218$ (12,564,014)$ 17,499,204$
Nonoperating Revenues:
Property taxes levied by the District (130,446)$ 23,510,915$ 23,380,469$
Investment income 1,005,890 130,583 1,136,473
Rent and other income (11,565) - (11,565)
Total nonoperating revenues 863,879 23,641,498 24,505,377
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 39,534 110,870 150,404
Non-recurring projects and studies 8,261,171 1,023,289 9,284,460
Interest expense 14,394,100 - 14,394,100
Total non-operating expenses 22,694,805 1,134,159 23,828,964
Income before Capital Contributions 8,232,292$ 9,943,325$ 18,175,617$
Capital Contributions:
Utility plant contributed 1,695,509$ 722,656$ 2,418,165$
Grant revenue 134,106 - 134,106
Total capital contributions 1,829,615 722,656 2,552,271
Change in Net Position 10,061,907$ 10,665,981$ 20,727,888$
Net Position-Beginning of Year 1,721,395,422$ 546,557,373$ 2,267,952,795$
Net Position-End of Year 1,731,457,329$ 557,223,354$ 2,288,680,683$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
DECEMBER 2014
(UNAUDITED)