HomeMy Public PortalAboutSeptember (FY22) Income StatementSEPTEMBER 2021 AUGUST 2021 SEPTEMBER 2021 AUGUST 2021 Current Month % Change
YTD YTD Current Month Current Month less Prior Month from Prior Month
Operating Revenues:
Sewer service charges 112,894,898$ 73,007,380$ 39,887,518$ 37,877,022$ 2,010,496$ 5.3%
Recovery of (provision for) doubtful sewer service charge (1,337,255) (844,365) (492,890) (459,250) (33,640) 7.3%
Licenses, permits, and other fees 1,033,160 691,223 341,937 430,584 (88,647) -20.6%
Other 950,318 635,954 314,364 226,436 87,928 38.8%
Total operating revenues 113,541,121$ 73,490,192$ 40,050,929$ 38,074,792$ 1,976,137$ 5.2%
Operating Expenses:
Pumping and treatment 16,891,043$ 11,267,079$ 5,623,964$ 5,782,160$ (158,196)$ -2.7%
Collection system maintenance 11,529,447 8,086,244 3,443,203 4,184,628 (741,425) -17.7%
Engineering 2,859,624 1,966,628 892,996 1,028,351 (135,355) -13.2%
General and administrative 12,385,653 8,223,343 4,162,310 4,547,463 (385,153) -8.5%
Water backup claims 559,051 374,200 184,851 245,109 (60,258) -24.6%
Depreciation 23,165,348 15,595,975 7,569,373 7,818,062 (248,689) -3.2%
Asset Management 3,601,371 2,393,682 1,207,689 711,511 496,178 69.7%
Total operating expenses 70,991,537$ 47,907,151$ 23,084,386$ 24,317,284$ (1,232,898)$ -5.1%
Operating Income 42,549,584$ 25,583,041$ 16,966,543$ 13,757,508$ 3,209,035$ 23.3%
Non-operating Revenues:
Property taxes levied by the District (51,992)$ (84,949)$ 32,957$ 93,259$ (60,302)$ -64.7%
Investment income 287,870 712,994 (425,124) 77,563 (502,687) -648.1%
Rent and other income 101,510 59,056 42,454 30,349 12,105 39.9%
Total non-operating revenues 337,388$ 687,101$ (349,713)$ 201,171$ (550,884)$ -273.8%
Non-operating Expenses:
Net gain on disposal and sale of capital assets (55,491)$ 38,627$ (94,118)$ 47,540$ (141,658)$ -298.0%
Non-recurring projects and studies 2,049,426 1,845,962 203,464 36,993 166,471 450.0%
Interest expense 13,899,699 9,401,278 4,498,421 4,689,692 (191,271) -4.1%
Total non-operating expenses 15,893,634$ 11,285,867$ 4,607,767$ 4,774,225$ (166,458)$ -3.5%
Income before Capital Contributions 26,993,338$ 14,984,275$ 12,009,063$ 9,184,454$ 2,824,609$ 30.8%
Capital Contributions:
Capital assets contributed 808,377$ -$ 808,377$ -$ 808,377$ N/A
Grant revenue 167,469 167,459 10 - 10 N/A
Total capital contributions 975,846$ 167,459$ 808,387$ -$ 808,387$ N/A
Change in Net Position 27,969,184$ 15,151,734$ 12,817,450$ 9,184,454$ 3,632,996$ 39.6%
Net Position-Beginning of Year 2,897,926,670$ 2,770,628,891$
Net Position-End of Period 2,925,895,854$ 2,785,780,625$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
SEPTEMBER 2021
(UNAUDITED)