HomeMy Public PortalAboutSeptember (FY22) Segmented Income StatementSeptember 2021 September 2021 September 2021
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 112,895,124$ (226)$ 112,894,898$
Recovery of (provision for) doubtful sewer service charge (1,339,005) 1,750 (1,337,255)
Licenses, permits, and other fees 1,033,160 - 1,033,160
Other 948,040 2,278 950,318
Total operating revenues 113,537,319 3,802 113,541,121
Operating Expenses:
Pumping and treatment 16,891,043$ -$ 16,891,043$
Collection system maintenance 8,292,010 3,237,437 11,529,447
Engineering 221,845 2,637,779 2,859,624
General and administrative 12,384,937 716 12,385,653
Water backup claims 559,051 - 559,051
Depreciation 19,885,820 3,279,528 23,165,348
Asset Management 3,309,946 291,425 3,601,371
Total operating expenses 61,544,652 9,446,885 70,991,537
Operating Income 51,992,667$ (9,443,083)$ 42,549,584$
Nonoperating Revenues:
Property taxes levied by the District -$ (51,992)$ (51,992)$
Investment income 260,992 26,878 287,870
Rent and other income 101,510 - 101,510
Total nonoperating revenues 362,502 (25,114) 337,388
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets (74,076)$ 18,585$ (55,491)$
Non-recurring projects and studies 1,317,124 732,302 2,049,426
Interest expense 13,899,699 13,899,699
Total non-operating expenses 15,142,747 750,887 15,893,634
Income before Capital Contributions 37,212,422$ (10,219,084)$ 26,993,338$
Capital Contributions:
Utility plant contributed 469,294$ 339,083$ 808,377$
Grant revenue 10 167,459 167,469
Total capital contributions 469,304 506,542 975,846
Change in Net Position 37,681,726$ (9,712,542)$ 27,969,184$
Net Position-Beginning of Year 2,328,652,387$ 569,274,283$ 2,897,926,670$
Net Position-End of Year 2,366,334,113$ 559,561,741$ 2,925,895,854$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
September 2021
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION