HomeMy Public PortalAboutMarch (FY19) Income StatementMARCH 2019
YTD
Operating Revenues:
Sewer service charges 302,623,526$
Recovery of (provision for) doubtful sewer service charge (3,206,955)
Licenses, permits, and other fees 2,136,729
Other 1,556,742
Total operating revenues 303,110,042$
Operating Expenses:
Pumping and treatment 46,106,213$
Collection system maintenance 33,592,789
Engineering 8,615,366
General and administrative 43,053,392
Water backup claims 1,531,064
Depreciation 61,288,667
Asset Management 9,474,053
Total operating expenses 203,661,544$
Operating Income 99,448,498$
Non-operating Revenues:
Property taxes levied by the District 33,308,392$
Investment income 11,289,210
Rent and other income 226,167
Total non-operating revenues 44,823,769$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 362,417$
Non-recurring projects and studies 8,215,315
Interest expense 24,893,409
Total non-operating expenses 33,471,141$
Income before Capital Contributions 110,801,126$
Capital Contributions:
Capital contributed 10,522,737$
Grant revenue -
Total capital contributions 10,522,737$
Change in Net Position 121,323,863$
Net Position-Beginning of Year 2,491,316,188$
Net Position-End of Period 2,612,640,051$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
MARCH 2019
(UNAUDITED)