HomeMy Public PortalAboutMarch Segmented Income StatementMarch 2017 March 2017 March 2017
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 251,332,335$ (7,590)$ 251,324,745$
Recovery of (provision for) doubtful sewer service charge (2,021,012) 21,009 (2,000,003)
Licenses, permits, and other fees 2,654,383 - 2,654,383
Other 160,434 4,302 164,736
Total operating revenues 252,126,140 17,721 252,143,861
Operating Expenses:
Pumping and treatment 44,212,934 - 44,212,934
Collection system maintenance 24,929,226 7,124,772 32,053,998
Engineering 3,398,148 4,920,048 8,318,196
General and administrative 39,435,148 350,150 39,785,298
Water backup claims 2,950,696 - 2,950,696
Depreciation 52,415,966 7,933,956 60,349,922
Asset Management 11,121,871 450,106 11,571,977
Total operating expenses 178,463,989 20,779,032 199,243,021
Operating Income 73,662,151$ (20,761,311)$ 52,900,840$
Nonoperating Revenues:
Property taxes levied by the District 26,838$ 31,450,953$ 31,477,791$
Investment income 1,384,640 281,643 1,666,283
Rent and other income 78,870 - 78,870
Total nonoperating revenues 1,490,348 31,732,596 33,222,944
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 457,920 11,600 469,520
Non-recurring projects and studies 3,036,947 1,320,311 4,357,258
Interest expense 23,451,844 23,451,844
Total non-operating expenses 26,946,711 1,331,911 28,278,622
Income before Capital Contributions 48,205,788$ 9,639,374$ 57,845,162$
Capital Contributions:
Utility plant contributed 2,172,911$ 2,477,117$ 4,650,028$
Grant revenue 100,283 - 100,283
Total capital contributions 2,273,194 2,477,117 4,750,311
Change in Net Position 50,478,982$ 12,116,491$ 62,595,473$
Net Position-Beginning of Year 1,776,527,568$ 550,529,545$ 2,327,057,113$
Net Position-End of Year 1,827,006,550$ 562,646,036$ 2,389,652,586$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2017
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION