HomeMy Public PortalAboutMar Segmented P&LSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
March 2014 March 2014 March 2014
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 186,158,926$ 1,000,993$ 187,159,919$
Recovery of (provision for) doubtful sewer service charge (1,453,202) (13,940) (1,467,142)
Licenses, permits, and other fees 4,864,627 - 4,864,627
Other 1,704,028 - 1,704,028
Total operating revenues 191,274,379 987,053 192,261,432
Operating Expenses:
Pumping and treatment 39,008,111 - 39,008,111
Collection system maintenance 24,832,334 5,089,523 29,921,857
Engineering 4,291,136 4,961,250 9,252,386
General and administrative 32,519,954 - 32,519,954
Water backup claims 1,927,536 - 1,927,536
Depreciation 45,474,453 8,004,750 53,479,203
Asset Management 8,105,040 82,781 8,187,821
Total operating expenses 156,158,564 18,138,304 174,296,868
Operating Income 35,115,815$ (17,151,251)$ 17,964,564$
Nonoperating Revenues:
Property taxes levied by the District 5,991$ 24,388,913$ 24,394,904$
Investment income 1,947,857 236,072 2,183,929
Rent and other income 233,182 - 233,182
Total nonoperating revenues 2,187,030 24,624,985 26,812,015
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets (113,211) 5,794 (107,417)
Non-recurring projects and studies 346,321 923,921 1,270,242
Interest expense 18,801,858 - 18,801,858
Total non-operating expenses 19,034,968 929,715 19,964,683
Income before Capital Contributions 18,267,877$ 6,544,019$ 24,811,896$
Capital Contributions:
Utility plant contributed 2,708,238$ 1,785,675$ 4,493,913$
Grant revenue 75,268 - 75,268
Total capital contributions 2,783,506 1,785,675 4,569,181
Change in Net Position 21,051,383$ 8,329,694$ 29,381,077$
Net Position-Beginning of Year 1,709,812,189$ 539,384,664$ 2,249,196,853$
Net Position-End of Year 1,730,863,572$ 547,714,358$ 2,278,577,930$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2014
(UNAUDITED)