HomeMy Public PortalAboutDecember (FY19) Income StatementDECEMBER 2018
YTD
Operating Revenues:
Sewer service charges 204,369,170$
Recovery of (provision for) doubtful sewer service charge (2,443,115)
Licenses, permits, and other fees 1,561,007
Other 1,044,499
Total operating revenues 204,531,561$
Operating Expenses:
Pumping and treatment 31,335,841$
Collection system maintenance 22,894,848
Engineering 5,358,314
General and administrative 27,438,019
Water backup claims 879,821
Depreciation 41,132,828
Asset Management 6,425,373
Total operating expenses 135,465,044$
Operating Income 69,066,517$
Non-operating Revenues:
Property taxes levied by the District 35,829,984$
Investment income 6,456,399
Rent and other income 150,948
Total non-operating revenues 42,437,331$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 254,449$
Non-recurring projects and studies 5,130,632
Interest expense 16,414,328
Total non-operating expenses 21,799,409$
Income before Capital Contributions 89,704,439$
Capital Contributions:
Capital contributed 6,588,237$
Grant revenue -
Total capital contributions 6,588,237$
Change in Net Position 96,292,676$
Net Position-Beginning of Year 2,491,316,188$
Net Position-End of Period 2,587,608,864$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2018
(UNAUDITED)