HomeMy Public PortalAboutMar Segmented Income Statement_0March 2018 March 2018 March 2018
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 276,681,134$ (3,556)$ 276,677,578$
Recovery of (provision for) doubtful sewer service charge (2,005,691) 101,299 (1,904,392)
Licenses, permits, and other fees 1,996,206 - 1,996,206
Other 1,663,294 2,430 1,665,724
Total operating revenues 278,334,943 100,173 278,435,116
Operating Expenses:
Pumping and treatment 45,520,545 - 45,520,545
Collection system maintenance 25,023,493 8,488,307 33,511,800
Engineering 2,835,210 5,367,566 8,202,776
General and administrative 39,196,445 419,133 39,615,578
Water backup claims 1,112,220 - 1,112,220
Depreciation 52,782,799 8,075,248 60,858,047
Asset Management 10,101,909 575,899 10,677,808
Total operating expenses 176,572,621 22,926,153 199,498,774
Operating Income 101,762,322$ (22,825,980)$ 78,936,342$
Nonoperating Revenues:
Property taxes levied by the District (2,953)$ 32,775,967$ 32,773,014$
Investment income 3,729,691 665,305 4,394,996
Rent and other income 178,640 - 178,640
Total nonoperating revenues 3,905,378 33,441,272 37,346,650
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 565,050 91,925 656,975
Non-recurring projects and studies 5,862,977 2,857,805 8,720,782
Interest expense 27,473,547 27,473,547
Total non-operating expenses 33,901,574 2,949,730 36,851,304
Income before Capital Contributions 71,766,126$ 7,665,562$ 79,431,688$
Capital Contributions:
Utility plant contributed 11,585,347$ 4,855,960$ 16,441,307$
Grant revenue 96,823 - 96,823
Total capital contributions 11,682,170 4,855,960 16,538,130
Change in Net Position 83,448,296$ 12,521,522$ 95,969,818$
Net Position-Beginning of Year 1,835,146,655$ 556,021,399$ 2,391,168,054$
Net Position-End of Year 1,918,594,951$ 568,542,921$ 2,487,137,872$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2018
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION