HomeMy Public PortalAboutDecember (FY16) Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2015 DECEMBER 2015 DECEMBER 2015
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 157,358,070$ 727,722$ 158,085,792$
Recovery of (provision for) doubtful sewer service charge (3,047,554) (828) (3,048,382)
Licenses, permits, and other fees 1,938,858 - 1,938,858
Other 288,515 3,418 291,933
Total operating revenues 156,537,889 730,312 157,268,201
Operating Expenses:
Pumping and treatment 31,248,791 - 31,248,791
Collection system maintenance 16,940,551 5,065,516 22,006,067
Engineering 1,867,449 3,628,957 5,496,406
General and administrative 24,568,423 - 24,568,423
Water backup claims 2,696,019 - 2,696,019
Depreciation 34,735,312 5,330,982 40,066,294
Asset Management 6,050,312 34,638 6,084,950
Total operating expenses 118,106,857 14,060,093 132,166,950
Operating Income 38,431,032$ (13,329,781)$ 25,101,251$
Nonoperating Revenues:
Property taxes levied by the District 1,289$ 24,322,329$ 24,323,618$
Investment income 184,411 (17,068) 167,343
Rent and other income 51,752 - 51,752
Total nonoperating revenues 237,452 24,305,261 24,542,713
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 83,309 11,189 94,498
Non-recurring projects and studies 3,451,152 944,990 4,396,142
Interest expense 15,510,678 - 15,510,678
Total non-operating expenses 19,045,139 956,179 20,001,318
Income before Capital Contributions 19,623,345$ 10,019,301$ 29,642,646$
Capital Contributions:
Utility plant contributed 1,263,522$ 973,008$ 2,236,530$
Grant revenue (39) - (39)
Total capital contributions 1,263,483 973,008 2,236,491
Change in Net Position 20,886,828$ 10,992,309$ 31,879,137$
Net Position-Beginning of Year 1,729,977,634$ 548,138,996$ 2,278,116,630$
Net Position-End of Year 1,750,864,462$ 559,131,305$ 2,309,995,767$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
DECEMBER 2015
(UNAUDITED)