HomeMy Public PortalAboutMar Income Statement_0MARCH 2015
YTD
Operating Revenues:
Sewer service charges 218,363,032$
Recovery of (provision for) doubtful sewer service charge (3,179,925)
Licenses, permits, and other fees 5,172,845
Other 914,803
Total operating revenues 221,270,755$
Operating Expenses:
Pumping and treatment 45,734,536$
Collection system maintenance 30,235,166
Engineering 8,516,777
General and administrative 35,163,921
Water backup claims 2,520,124
Depreciation 58,681,803
Asset Management 8,640,018
Total operating expenses 189,492,345$
Operating Income 31,778,410$
Non-operating Revenues:
Property taxes levied by the District 23,588,432$
Investment income 2,393,631
Rent and other income 11,759
Total non-operating revenues 25,993,822$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 331,034$
Non-recurring projects and studies 10,172,523
Interest expense 20,624,102
Total non-operating expenses 31,127,659$
Income before Capital Contributions 26,644,573$
Capital Contributions:
Utility plant contributed 6,835,401$
Grant revenue 225,858
Total capital contributions 7,061,259$
Change in Net Position 33,705,832$
Net Position-Beginning of Year 2,267,952,795$
Net Position-End of Year 2,301,658,627$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
MARCH 2015