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)