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HomeMy Public PortalAboutSep Segmented Income Statement - 1September 2017 September 2017 September 2017 YTD YTD YTD Sanitary Storm Total Operating Revenues: Sewer service charges 90,763,140$ (1,909)$ 90,761,231$ Recovery of (provision for) doubtful sewer service charge (604,786) 5,803 (598,983) Licenses, permits, and other fees 707,859 - 707,859 Other 490,485 529 491,014 Total operating revenues 91,356,698 4,423 91,361,121 Operating Expenses: Pumping and treatment 16,635,109 - 16,635,109 Collection system maintenance 8,715,174 2,660,534 11,375,708 Engineering 764,416 1,790,635 2,555,051 General and administrative 12,783,571 2,327 12,785,898 Water backup claims 293,204 - 293,204 Depreciation 17,640,921 2,655,969 20,296,890 Asset Management 2,639,732 149,723 2,789,455 Total operating expenses 59,472,127 7,259,188 66,731,315 Operating Income 31,884,571$ (7,254,765)$ 24,629,806$ Nonoperating Revenues: Property taxes levied by the District (5,352)$ 431$ (4,921)$ Investment income 1,360,487 242,856 1,603,343 Rent and other income 27,693 - 27,693 Total nonoperating revenues 1,382,828 243,287 1,626,115 Non-operating Expenses: Net (gain) loss on disposal and sale of capital assets 17,735 8,660 26,395 Non-recurring projects and studies 1,137,285 1,797,096 2,934,381 Interest expense 7,576,557 7,576,557 Total non-operating expenses 8,731,577 1,805,756 10,537,333 Income before Capital Contributions 24,535,822$ (8,817,234)$ 15,718,588$ Capital Contributions: Utility plant contributed 954,214$ 655,814$ 1,610,028$ Grant revenue - - - Total capital contributions 954,214 655,814 1,610,028 Change in Net Position 25,490,036$ (8,161,420)$ 17,328,616$ Net Position-Beginning of Year 1,835,146,655$ 556,021,399$ 2,391,168,054$ Net Position-End of Year 1,860,636,691$ 547,859,979$ 2,408,496,670$ METROPOLITAN ST. LOUIS SEWER DISTRICT FOR THE PERIOD ENDING September 2017 (UNAUDITED) SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION