HomeMy Public PortalAboutSep Income StatementSEPTEMBER 2014
YTD
Operating Revenues:
Sewer service charges 71,132,112$
Recovery of (provision for) doubtful sewer service charge (1,002,210)
Licenses, permits, and other fees 2,114,021
Other 546,982
Total operating revenues 72,790,905$
Operating Expenses:
Pumping and treatment 16,481,059$
Collection system maintenance 11,042,169
Engineering 3,101,975
General and administrative 12,312,381
Water backup claims 624,467
Depreciation 19,627,805
Asset Management 2,142,991
Total operating expenses 65,332,847$
Operating Income 7,458,058$
Non-operating Revenues:
Property taxes levied by the District 18,872$
Investment income 349,502
Rent and other income 49,372
Total non-operating revenues 417,746$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 116,786$
Non-recurring projects and studies 8,149,299
Interest expense 7,685,119
Total non-operating expenses 15,951,204$
Income before Capital Contributions (8,075,400)$
Capital Contributions:
Utility plant contributed 1,613,536$
Grant revenue 104,215
Total capital contributions 1,717,751$
Change in Net Position (6,357,649)$
Net Position-Beginning of Year 2,267,952,795$
Net Position-End of Year 2,261,595,146$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
FOR THE PERIOD ENDING
SEPTEMBER 2014