HomeMy Public PortalAboutSeptember (FY19) Income StatementSEPTEMBER 2018
YTD
Operating Revenues:
Sewer service charges 101,043,743$
Recovery of (provision for) doubtful sewer service charge (1,083,419)
Licenses, permits, and other fees 928,262
Other 502,123
Total operating revenues 101,390,709$
Operating Expenses:
Pumping and treatment 16,276,194$
Collection system maintenance 11,787,697
Engineering 2,862,885
General and administrative 13,085,738
Water backup claims 392,655
Depreciation 20,544,474
Asset Management 2,683,970
Total operating expenses 67,633,613$
Operating Income 33,757,096$
Non-operating Revenues:
Property taxes levied by the District (670)$
Investment income 2,714,984
Rent and other income 75,160
Total non-operating revenues 2,789,474$
Non-operating Expenses:
Net loss on disposal and sale of capital assets 189,474$
Non-recurring projects and studies 3,129,796
Interest expense 8,025,026
Total non-operating expenses 11,344,296$
Income before Capital Contributions 25,202,274$
Capital Contributions:
Utility plant contributed 2,548,201$
Grant revenue -
Total capital contributions 2,548,201$
Change in Net Position 27,750,475$
Net Position-Beginning of Year 2,491,316,188$
Net Position-End of Period 2,519,066,663$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
SEPTEMBER 2018
(UNAUDITED)