HomeMy Public PortalAboutDecember (FY22) Segmented Income StatementDecember 2021 December 2021 December 2021
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 231,508,029$ (364)$ 231,507,665$
Recovery of (provision for) doubtful sewer service charge (2,782,594) 3,504 (2,779,090)
Licenses, permits, and other fees 2,032,913 - 2,032,913
Other 1,881,019 3,713 1,884,732
Total operating revenues 232,639,367 6,853 232,646,220
Operating Expenses:
Pumping and treatment 33,472,076$ -$ 33,472,076$
Collection system maintenance 16,348,439 6,625,102 22,973,541
Engineering 690,678 5,237,673 5,928,351
General and administrative 32,115,480 349,063 32,464,543
Water backup claims 874,752 - 874,752
Depreciation 39,899,345 6,611,328 46,510,673
Asset Management 6,069,897 579,025 6,648,922
Total operating expenses 129,470,667 19,402,191 148,872,858
Operating Income 103,168,700$ (19,395,338)$ 83,773,362$
Nonoperating Revenues:
Property taxes levied by the District 30$ 41,596,740$ 41,596,770$
Investment income (1,418,044) (220,080) (1,638,124)
Rent and other income 181,900 - 181,900
Total nonoperating revenues (1,236,114) 41,376,660 40,140,546
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 577,950$ 76,215$ 654,165$
Non-recurring projects and studies 3,431,313 839,792 4,271,105
Interest expense 28,732,180 28,732,180
Total non-operating expenses 32,741,443 916,007 33,657,450
Income before Capital Contributions 69,191,143$ 21,065,315$ 90,256,458$
Capital Contributions:
Utility plant contributed 1,646,772$ 2,393,537$ 4,040,309$
Grant revenue 10 719,855 719,865
Total capital contributions 1,646,782 3,113,392 4,760,174
Change in Net Position 70,837,925$ 24,178,707$ 95,016,632$
Net Position-Beginning of Year 2,328,652,387$ 569,274,283$ 2,897,926,670$
Net Position-End of Year 2,399,490,312$ 593,452,990$ 2,992,943,302$
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
December 2021
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION