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HomeMy Public PortalAboutSeptember (FY16) Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION SEPTEMBER 2015 SEPTEMBER 2015 SEPTEMBER 2015 YTD YTD YTD Sanitary Storm Total Operating Revenues: Sewer service charges 78,315,751$ 363,990$ 78,679,741$ Recovery of (provision for) doubtful sewer service charge (1,478,422) (362) (1,478,784) Licenses, permits, and other fees 1,052,639 - 1,052,639 Other 6,614 805 7,419 Total operating revenues 77,896,582 364,433 78,261,015 Operating Expenses: Pumping and treatment 16,467,147 - 16,467,147 Collection system maintenance 8,137,539 2,954,201 11,091,740 Engineering 1,002,863 1,868,617 2,871,480 General and administrative 11,517,756 440 11,518,196 Water backup claims 1,257,574 - 1,257,574 Depreciation 17,339,745 2,680,982 20,020,727 Asset Management 3,510,093 14,478 3,524,571 Total operating expenses 59,232,717 7,518,718 66,751,435 Operating Income 18,663,865$ (7,154,285)$ 11,509,580$ Nonoperating Revenues: Property taxes levied by the District (2)$ 112,211$ 112,209$ Investment income 802,549 161,298 963,847 Rent and other income 25,562 - 25,562 Total nonoperating revenues 828,109 273,509 1,101,618 Non-operating Expenses: Net (gain) loss on disposal and sale of capital assets 39,335 6,430 45,765 Non-recurring projects and studies 1,886,906 566,270 2,453,176 Interest expense 7,152,842 - 7,152,842 Total non-operating expenses 9,079,083 572,700 9,651,783 Income before Capital Contributions 10,412,891$ (7,453,476)$ 2,959,415$ Capital Contributions: Utility plant contributed 386,834$ 419,940$ 806,774$ Grant revenue - - - Total capital contributions 386,834 419,940 806,774 Change in Net Position 10,799,725$ (7,033,536)$ 3,766,189$ Net Position-Beginning of Year 1,729,977,634$ 548,138,996$ 2,278,116,630$ Net Position-End of Year 1,740,777,359$ 541,105,460$ 2,281,882,819$ METROPOLITAN ST. LOUIS SEWER DISTRICT FOR THE PERIOD ENDING SEPTEMBER 2015 (UNAUDITED)