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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