HomeMy Public PortalAboutMarch (FY21) Segmented Income StatementMarch 2021 March 2021 March 2021
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 318,778,907$ (2,073)$ 318,776,834$
Recovery of (provision for) doubtful sewer service charge (4,268,736) 4,319 (4,264,417)
Licenses, permits, and other fees 2,467,115 - 2,467,115
Other 1,872,146 549 1,872,695
Total operating revenues 318,849,432 2,795 318,852,227
Operating Expenses:
Pumping and treatment 47,940,265$ -$ 47,940,265$
Collection system maintenance 26,425,305 9,795,599 36,220,904
Engineering 624,832 7,930,384 8,555,216
General and administrative 47,387,884 559,122 47,947,006
Water backup claims 3,093,878 - 3,093,878
Depreciation 58,200,668 9,303,736 67,504,404
Asset Management 10,280,305 719,596 10,999,901
Total operating expenses 193,953,137 28,308,437 222,261,574
Operating Income 124,896,295$ (28,305,642)$ 96,590,653$
Nonoperating Revenues:
Property taxes levied by the District -$ 42,952,914$ 42,952,914$
Investment income 1,213,606 97,398 1,311,004
Rent and other income 237,543 - 237,543
Total nonoperating revenues 1,451,149 43,050,312 44,501,461
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 340,823$ 107,009$ 447,832$
Non-recurring projects and studies 7,410,834 802,874 8,213,708
Interest expense 42,624,792 42,624,792
Total non-operating expenses 50,376,449 909,883 51,286,332
Income before Capital Contributions 75,970,995$ 13,834,787$ 89,805,782$
Capital Contributions:
Utility plant contributed 5,124,579$ 1,103,565$ 6,228,144$
Grant revenue 89,621 92,070 181,691
Total capital contributions 5,214,200 1,195,635 6,409,835
Change in Net Position 81,185,195$ 15,030,422$ 96,215,617$
Net Position-Beginning of Year 2,213,212,721$ 557,416,170$ 2,770,628,891$
Net Position-End of Year 2,294,397,916$ 572,446,592$ 2,866,844,508$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2021
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION