HomeMy Public PortalAboutSep Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
SEPTEMBER 2014 SEPTEMBER 2014 SEPTEMBER 2014
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 70,794,686$ 337,426$ 71,132,112$
Recovery of (provision for) doubtful sewer service charge (1,035,498) 33,288 (1,002,210)
Licenses, permits, and other fees 2,114,021 - 2,114,021
Other 546,982 - 546,982
Total operating revenues 72,420,191 370,714 72,790,905
Operating Expenses:
Pumping and treatment 16,481,059 - 16,481,059
Collection system maintenance 8,634,544 2,407,625 11,042,169
Engineering 1,510,763 1,591,212 3,101,975
General and administrative 12,312,381 - 12,312,381
Water backup claims 624,467 - 624,467
Depreciation 16,903,688 2,724,117 19,627,805
Asset Management 2,121,556 21,435 2,142,991
Total operating expenses 58,588,458 6,744,389 65,332,847
Operating Income 13,831,733$ (6,373,675)$ 7,458,058$
Nonoperating Revenues:
Property taxes levied by the District 10,434$ 8,438$ 18,872$
Investment income 317,911 31,591 349,502
Rent and other income 49,372 - 49,372
Total nonoperating revenues 377,717 40,029 417,746
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 9,388 107,398 116,786
Non-recurring projects and studies 7,495,495 653,804 8,149,299
Interest expense 7,685,119 - 7,685,119
Total non-operating expenses 15,190,002 761,202 15,951,204
Income before Capital Contributions (980,552)$ (7,094,848)$ (8,075,400)$
Capital Contributions:
Utility plant contributed 1,181,416$ 432,120$ 1,613,536$
Grant revenue 104,215 - 104,215
Total capital contributions 1,285,631 432,120 1,717,751
Change in Net Position 305,079$ (6,662,728)$ (6,357,649)$
Net Position-Beginning of Year 1,721,395,422$ 546,557,373$ 2,267,952,795$
Net Position-End of Year 1,721,700,501$ 539,894,645$ 2,261,595,146$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
SEPTEMBER 2014
(UNAUDITED)