HomeMy Public PortalAboutSeptember Segmented Income StatementSEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
SEPTEMBER 2016 SEPTEMBER 2016 SEPTEMBER 2016
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 84,380,337$ (1,644)$ 84,378,693$
Recovery of (provision for) doubtful sewer service charge (568,326) 1,184 (567,142)
Licenses, permits, and other fees 901,161 - 901,161
Other 329,330 2,686 332,016
Total operating revenues 85,042,502 2,226 85,044,728
Operating Expenses:
Pumping and treatment 16,434,577 - 16,434,577
Collection system maintenance 8,934,929 2,573,922 11,508,851
Engineering 1,163,383 1,597,992 2,761,375
General and administrative 13,308,357 526 13,308,883
Water backup claims 1,821,957 - 1,821,957
Depreciation 17,546,415 2,657,000 20,203,415
Asset Management 4,170,708 43,729 4,214,437
Total operating expenses 63,380,326 6,873,169 70,253,495
Operating Income 21,662,176$ (6,870,943)$ 14,791,233$
Nonoperating Revenues:
Property taxes levied by the District (6,373)$ (161,310)$ (167,683)$
Investment income 509,140 69,051 578,191
Rent and other income 25,562 - 25,562
Total nonoperating revenues 528,329 (92,259) 436,070
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets (39,439) (1,415) (40,854)
Non-recurring projects and studies (28,970) 408,913 379,943
Interest expense 6,908,552 - 6,908,552
Total non-operating expenses 6,840,143 407,498 7,247,641
Income before Capital Contributions 15,350,362$ (7,370,700)$ 7,979,662$
Capital Contributions:
Utility plant contributed 656,957$ 1,018,966$ 1,675,923$
Grant revenue 80,670 - 80,670
Total capital contributions 737,627 1,018,966 1,756,593
Change in Net Position 16,087,989$ (6,351,734)$ 9,736,255$
Net Position-Beginning of Year 1,776,527,568$ 550,529,545$ 2,327,057,113$
Net Position-End of Year 1,792,615,557$ 544,177,811$ 2,336,793,368$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
SEPTEMBER 2016
(UNAUDITED)