HomeMy Public PortalAboutMarch (FY22) Segmented Income StatementMarch 2022 March 2022 March 2022
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 343,158,693$ (589)$ 343,158,104$
Recovery of (provision for) doubtful sewer service charge (3,824,002) 5,121 (3,818,881)
Licenses, permits, and other fees 2,781,615 - 2,781,615
Other 4,917,458 5,219 4,922,677
Total operating revenues 347,033,764 9,751 347,043,515
Operating Expenses:
Pumping and treatment 48,471,556$ -$ 48,471,556$
Collection system maintenance 24,269,488 9,806,083 34,075,571
Engineering 993,924 7,961,034 8,954,958
General and administrative 46,316,905 579,293 46,896,198
Water backup claims 1,364,819 - 1,364,819
Depreciation 60,109,478 10,481,553 70,591,031
Asset Management 9,886,033 822,370 10,708,403
Total operating expenses 191,412,203 29,650,333 221,062,536
Operating Income 155,621,561$ (29,640,582)$ 125,980,979$
Nonoperating Revenues:
Property taxes levied by the District -$ 42,536,222$ 42,536,222$
Investment income (9,444,030) (1,496,754) (10,940,784)
Rent and other income 282,497 - 282,497
Total nonoperating revenues (9,161,533) 41,039,468 31,877,935
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 723,824$ 474,868$ 1,198,692$
Non-recurring projects and studies 6,514,110 1,357,165 7,871,275
Interest expense 42,626,998 42,626,998
Total non-operating expenses 49,864,932 1,832,033 51,696,965
Income before Capital Contributions 96,595,096$ 9,566,853$ 106,161,949$
Capital Contributions:
Utility plant contributed 3,398,378$ 6,380,085$ 9,778,463$
Grant revenue 10 1,139,103 1,139,113
Total capital contributions 3,398,388 7,519,188 10,917,576
Change in Net Position 99,993,484$ 17,086,041$ 117,079,525$
Net Position-Beginning of Year 2,328,652,387$ 569,274,283$ 2,897,926,670$
Net Position-End of Year 2,428,645,871$ 586,360,324$ 3,015,006,195$
Please note - Rounding issues will be corrected at FYE
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2022
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION