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HomeMy Public PortalAboutSeptember (FY23) Balance SheetSEPTEMBER 2022 AUGUST 2022 YTD YTD $ Variance % change Current Assets: Unrestricted Current Assets: Cash and cash equivalents 15,171,547$ 29,803,302$ (14,631,755)$ -49.1% Investments 141,181,857 185,244,691 (44,062,834) -23.8% Sewer service charges receivable 74,752,991 69,999,409 4,753,582 6.8% Unbilled sewer service charges receivable 37,379,625 37,362,913 16,712 0.0% Property taxes receivable 242,268 262,268 (20,000) -7.6% Accrued income on investments 2,483,704 1,955,821 527,883 27.0% Other Receivables 6,604,689 7,310,930 (706,241) -9.7% Supplies inventory 8,984,014 9,089,677 (105,663) -1.2% Total unrestricted current assets 286,800,695$ 341,029,011$ (54,228,316)$ -15.9% Restricted Current Assets: Cash and cash equivalents 483,384$ 1,435,516$ (952,132)$ -66.3% Investments 7,604,677 10,325,751 (2,721,074) -26.4% Other Receivables 37,603 37,603 - 0.0% Total restricted current assets 8,125,664$ 11,798,870$ (3,673,206)$ -31.1% Total current assets 294,926,359$ 352,827,881$ (57,901,522)$ -16.4% Non-current Assets: Restricted Assets: Cash and cash equivalents 17,818,464$ 12,336,254$ 5,482,210$ 44.4% Investments 143,571,959 150,043,693 (6,471,734) -4.3% Long-term investments 47,948,822 43,503,498 4,445,324 10.2% Property taxes receivable 1,357,379 1,481,271 (123,892) -8.4% Accrued Income on investments 513,302 379,761 133,541 35.2% Total restricted non-current assets 211,209,926$ 207,744,477$ 3,465,449$ 1.7% Other Assets: Notes receivable 8,755,276$ 8,947,222$ (191,946)$ -2.1% Long-term investments 350,696,329 305,187,129 45,509,200 14.9% Other Receivables - Non Current (Leases)3,308,705 3,308,705 - 0.0% Total other assets 362,760,310$ 317,443,056$ 45,317,254$ 14.3% Capital Assets: Depreciable: Treatment and disposal plant and equipment 1,332,498,020$ 1,332,498,020$ -$ 0.0% Collection and pumping plant 3,331,019,248 3,329,457,199 1,562,049 0.0% General plant and equipment 110,364,178 109,585,527 778,651 0.7% Lease right of use asset 1,548,555 1,548,555 - 0.0% 4,775,430,001$ 4,773,089,301$ 2,340,700$ 0.0% Less: Accumulated depreciation 1,812,330,522 1,804,533,550 7,796,972 0.4% Less: Accumulated amortization 300,309 300,309 - 0.0% Net Depreciable Assets 2,962,799,170$ 2,968,255,442$ (5,456,272)$ -0.2% Non-depreciable: Land 82,211,735$ 82,205,848$ 5,887$ 0.0% Construction in progress 1,251,626,131 1,220,496,930 31,129,201 2.6% Net capital assets 4,296,637,036$ 4,270,958,220$ 25,678,816$ 0.6% Total non-current assets 4,870,607,272$ 4,796,145,753$ 74,461,519$ 1.6% Total Assets 5,165,533,631$ 5,148,973,634$ 16,559,997$ 0.3% Deferred Outflow of Resources: Bonds and Notes Payable-Deferred Loss 2,997,422$ 3,018,214$ (20,792)$ -0.7% Pension-related Outflows 18,476,825 18,476,825 - 0.0% OPEB-related Outflows 4,288,181 4,288,181 - 0.0% Total Deferred Outflow of Resources 25,762,428$ 25,783,220$ (20,792)$ -0.1% METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING SEPTEMBER 2022 (UNAUDITED) SEPTEMBER 2022 AUGUST 2022 YTD YTD $ Variance % change METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING SEPTEMBER 2022 (UNAUDITED) Current Liabilities: Contracts and accounts payable 46,075,810$ 40,148,163$ 5,927,647$ 14.8% Lease liability 238,285 238,285 - 0.0% Deposits and accrued expenses 65,599,594 62,611,498 2,988,096 4.8% Retainage payable 19,032,333 18,958,393 73,940 0.4% Current portion of bonds and notes payable 67,638,203 67,638,203 - 0.0% 198,584,225$ 189,594,542$ 8,989,683$ 4.7% Current Liabilities-Payable From Restricted Assets Contracts and accounts payable 940,697$ 1,170$ 939,527$ 80301.5% Retainage 727,669 800,926 (73,257) -9.1% 1,668,366$ 802,096$ 866,270$ 108.0% Total current liabilities 200,252,591$ 190,396,638$ 9,855,953$ 5.2% Non-current Liabilities: Deposits and accrued expenses 9,396,362$ 9,343,044$ 53,318$ 0.6% Net pension liability 33,871,056 33,871,056 - 0.0% Lease liability 1,007,232 1,007,232 - 0.0% Total OPEB Liability 26,793,582 26,793,582 - 0.0% Bonds and notes payable 1,830,861,533 1,831,455,873 (594,340) 0.0% 1,901,929,765$ 1,902,470,787$ (541,022)$ 0.0% Total Liabilities 2,102,182,356$ 2,092,867,425$ 9,314,931$ 0.4% Deferred Inflow of Resources: Bonds and Notes Payable - Deferred Gain 11,240,634$ 11,301,414$ (60,780)$ -0.5% Pension-related Inflows 23,194,024 23,194,024 - 0.0% OPEB-related Inflows 3,445,503 3,445,503 - 0.0% Lease Inflows 3,425,569 3,425,569 - 0.0% Total Deferred Inflow of Resources 41,305,730$ 41,366,510$ (60,780)$ -0.1% Net Position: Net Investment in Capital Assets 2,437,360,135$ 2,424,741,566$ 12,618,569$ 0.5% Restricted for: Debt Service 37,509,950 28,775,008 8,734,942 30.4% Subdistrict construction and improvement 63,852,277 66,869,755 (3,017,478) -4.5% Unrestricted 509,085,611 520,136,590 (11,050,979) -2.1% Total Net Position 3,047,807,973$ 3,040,522,919$ 7,285,054$ 0.2%