HomeMy Public PortalAboutDec Segmented Income StatementsDecember 2017 December 2017 December 2017
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 185,913,695$ (3,151)$ 185,910,544$
Recovery of (provision for) doubtful sewer service charge (1,442,490) 10,303 (1,432,187)
Licenses, permits, and other fees 1,415,088 - 1,415,088
Other 1,185,193 1,633 1,186,826
Total operating revenues 187,071,486 8,785 187,080,271
Operating Expenses:
Pumping and treatment 31,594,601 - 31,594,601
Collection system maintenance 16,663,441 5,623,568 22,287,009
Engineering 1,856,802 3,507,363 5,364,165
General and administrative 25,653,907 201,980 25,855,887
Water backup claims 499,256 - 499,256
Depreciation 35,312,248 5,342,404 40,654,652
Asset Management 6,792,893 361,711 7,154,604
Total operating expenses 118,373,148 15,037,026 133,410,174
Operating Income 68,698,338$ (15,028,241)$ 53,670,097$
Nonoperating Revenues:
Property taxes levied by the District (5,698)$ 31,768,539$ 31,762,841$
Investment income 2,024,104 381,701 2,405,805
Rent and other income 103,481 - 103,481
Total nonoperating revenues 2,121,887 32,150,240 34,272,127
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 281,872 74,082 355,954
Non-recurring projects and studies 2,775,020 2,702,839 5,477,859
Interest expense 17,240,591 17,240,591
Total non-operating expenses 20,297,483 2,776,921 23,074,404
Income before Capital Contributions 50,522,742$ 14,345,078$ 64,867,820$
Capital Contributions:
Utility plant contributed 9,821,007$ 3,430,481$ 13,251,488$
Grant revenue 87,397 - 87,397
Total capital contributions 9,908,404 3,430,481 13,338,885
Change in Net Position 60,431,146$ 17,775,558$ 78,206,705$
Net Position-Beginning of Year 1,835,146,655$ 556,021,399$ 2,391,168,054$
Net Position-End of Year 1,895,577,801$ 573,796,957$ 2,469,374,759$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
December 2017
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION