HomeMy Public PortalAboutDecember (FY22) Income StatementDECEMBER 2021 NOVEMBER 2021 DECEMBER 2021 NOVEMBER 2021 Current Month % Change
YTD YTD Current Month Current Month less Prior Month from Prior Month
Operating Revenues:
Sewer service charges 231,507,665$ 192,146,798$ 39,360,867$ 39,845,721$ (484,854)$ -1.2%
Provision for doubtful sewer service charge (2,779,090) (2,279,216) (499,874) (521,961) 22,087 -4.2%
Licenses, permits, and other fees 2,032,913 1,744,660 288,253 294,655 (6,402) -2.2%
Other 1,884,732 1,424,621 460,111 177,508 282,603 159.2%
Total operating revenues 232,646,220$ 193,036,863$ 39,609,357$ 39,795,923$ (186,566)$ -0.5%
Operating Expenses:
Pumping and treatment 33,472,076$ 28,225,622$ 5,246,454$ 5,361,195$ (114,741)$ -2.1%
Collection system maintenance 22,973,541 19,153,896 3,819,645 3,541,494 278,151 7.9%
Engineering 5,928,351 5,058,641 869,710 1,073,873 (204,163) -19.0%
General and administrative 32,464,543 22,045,236 10,419,307 4,751,061 5,668,246 119.3%
Water backup claims 874,752 764,313 110,439 37,927 72,512 191.2%
Depreciation 46,510,673 38,630,948 7,879,725 7,582,236 297,489 3.9%
Asset Management 6,648,922 5,732,467 916,455 1,364,291 (447,836) -32.8%
Total operating expenses 148,872,858$ 119,611,123$ 29,261,735$ 23,712,077$ 5,549,658$ 23.4%
Operating Income 83,773,362$ 73,425,740$ 10,347,622$ 16,083,846$ (5,736,224)$ -35.7%
Non-operating Revenues:
Property taxes levied by the District 41,596,770$ 41,763,650$ (166,880)$ 41,794,425$ (41,961,305)$ -100.4%
Investment income (1,638,124) (826,376) (811,748) 78,332 (890,080) -1136.3%
Rent and other income 181,900 151,405 30,495 20,088 10,407 51.8%
Total non-operating revenues 40,140,546$ 41,088,679$ (948,133)$ 41,892,845$ (42,840,978)$ -102.3%
Non-operating Expenses:
Net loss on disposal and sale of capital assets 654,165$ 604,102$ 50,063$ 451,798$ (401,735)$ -88.9%
Non-recurring projects and studies 4,271,105 3,274,882 996,223 162,073 834,150 514.7%
Interest expense 28,732,180 23,695,914 5,036,266 4,828,010 208,256 4.3%
Total non-operating expenses 33,657,450$ 27,574,898$ 6,082,552$ 5,441,881$ 640,671$ 11.8%
Income before Capital Contributions 90,256,458$ 86,939,521$ 3,316,937$ 52,534,810$ (49,217,873)$ -93.7%
Capital Contributions:
Capital assets contributed 4,040,309$ 3,982,151$ 58,158$ 1,974,316$ (1,916,158)$ -97.1%
Grant revenue 719,865 418,207 301,658 - 301,658 N/A
Total capital contributions 4,760,174$ 4,400,358$ 359,816$ 1,974,316$ (1,614,500)$ -81.8%
Change in Net Position 95,016,632$ 91,339,879$ 3,676,753$ 54,509,126$ (50,832,373)$ -93.3%
Net Position-Beginning of Year 2,897,926,670$ 2,770,628,891$
Net Position-End of Period 2,992,943,302$ 2,861,968,770$
METROPOLITAN ST. LOUIS SEWER DISTRICT
STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION
DECEMBER 2021
(UNAUDITED)