HomeMy Public PortalAboutDecember (FY16) Income StatementDECEMBER 2015
YTD
Operating Revenues:
Sewer service charges 158,085,792$
Recovery of (provision for) doubtful sewer service charge (3,048,382)
Licenses, permits, and other fees 1,938,858
Other 291,933
Total operating revenues 157,268,201$
Operating Expenses:
Pumping and treatment 31,248,791$
Collection system maintenance 22,006,067
Engineering 5,496,406
General and administrative 24,568,423
Water backup claims 2,696,019
Depreciation 40,066,294
Asset Management 6,084,950
Total operating expenses 132,166,950$
Operating Income 25,101,251$
Non-operating Revenues:
Property taxes levied by the District 24,323,618$
Investment income 167,343
Rent and other income 51,752
Total non-operating revenues 24,542,713$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 94,498$
Non-recurring projects and studies 4,396,142
Interest expense 15,510,678
Total non-operating expenses 20,001,318$
Income before Capital Contributions 29,642,646$
Capital Contributions:
Utility plant contributed 2,236,530$
Grant revenue (39)
Total capital contributions 2,236,491$
Change in Net Position 31,879,137$
Net Position-Beginning of Year 2,278,116,630$
Net Position-End of Year 2,309,995,767$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
DECEMBER 2015