HomeMy Public PortalAboutSep Income Statement_0SEPTEMBER 2016
YTD
Operating Revenues:
Sewer service charges 84,378,693$
Recovery of (provision for) doubtful sewer service charge (567,142)
Licenses, permits, and other fees 901,161
Other 332,016
Total operating revenues 85,044,728$
Operating Expenses:
Pumping and treatment 16,434,577$
Collection system maintenance 11,508,851
Engineering 2,761,375
General and administrative 13,308,883
Water backup claims 1,821,957
Depreciation 20,203,415
Asset Management 4,214,437
Total operating expenses 70,253,495$
Operating Income 14,791,233$
Non-operating Revenues:
Property taxes levied by the District (167,683)$
Investment income 578,191
Rent and other income 25,562
Total non-operating revenues 436,070$
Non-operating Expenses:
Net gain on disposal and sale of capital assets (40,854)$
Non-recurring projects and studies 379,943
Interest expense 6,908,552
Total non-operating expenses 7,247,641$
Income before Capital Contributions 7,979,662$
Capital Contributions:
Utility plant contributed 1,675,923$
Grant revenue 80,670
Total capital contributions 1,756,593$
Change in Net Position 9,736,255$
Net Position-Beginning of Year 2,327,057,113$
Net Position-End of Year 2,336,793,368$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
SEPTEMBER 2016
(UNAUDITED)