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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