HomeMy Public PortalAboutMar Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
MARCH 2015 MARCH 2015 MARCH 2015
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 217,343,308$ 1,019,724$ 218,363,032$
Recovery of (provision for) doubtful sewer service charge (3,089,737) (90,188) (3,179,925)
Licenses, permits, and other fees 5,172,845 - 5,172,845
Other 906,908 7,895 914,803
Total operating revenues 220,333,324 937,431 221,270,755
Operating Expenses:
Pumping and treatment 45,734,536 - 45,734,536
Collection system maintenance 24,343,635 5,891,531 30,235,166
Engineering 3,743,138 4,773,639 8,516,777
General and administrative 35,163,921 - 35,163,921
Water backup claims 2,520,124 - 2,520,124
Depreciation 50,581,337 8,100,466 58,681,803
Asset Management 8,572,882 67,136 8,640,018
Total operating expenses 170,659,573 18,832,772 189,492,345
Operating Income 49,673,751$ (17,895,341)$ 31,778,410$
Nonoperating Revenues:
Property taxes levied by the District (129,739)$ 23,718,171$ 23,588,432$
Investment income 2,035,122 358,509 2,393,631
Rent and other income 11,759 - 11,759
Total nonoperating revenues 1,917,142 24,076,680 25,993,822
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 102,052 228,982 331,034
Non-recurring projects and studies 8,837,098 1,335,425 10,172,523
Interest expense 20,624,102 - 20,624,102
Total non-operating expenses 29,563,252 1,564,407 31,127,659
Income before Capital Contributions 22,027,641$ 4,616,932$ 26,644,573$
Capital Contributions:
Utility plant contributed 3,698,429$ 3,136,972$ 6,835,401$
Grant revenue 225,858 - 225,858
Total capital contributions 3,924,287 3,136,972 7,061,259
Change in Net Position 25,951,928$ 7,753,904$ 33,705,832$
Net Position-Beginning of Year 1,721,395,422$ 546,557,373$ 2,267,952,795$
Net Position-End of Year 1,747,347,350$ 554,311,277$ 2,301,658,627$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
MARCH 2015
(UNAUDITED)