HomeMy Public PortalAboutSeptember (FY23) Segmented Income StatementSeptember 2022 September 2022 September 2022
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 117,743,187$ (90)$ 117,743,097$
Recovery of (provision for) doubtful sewer service charge (1,439,077) 888 (1,438,189)
Licenses, permits, and other fees 1,129,778 - 1,129,778
Other 547,867 990 548,857
Total operating revenues 117,981,755 1,788 117,983,543
Operating Expenses:
Pumping and treatment 17,623,840$ -$ 17,623,840$
Collection system maintenance 8,607,153 3,747,053 12,354,206
Engineering 58,797 2,702,120 2,760,917
General and administrative 13,069,751 5,575 13,075,326
Water backup claims 10,512,906 - 10,512,906
Depreciation 20,398,710 3,555,883 23,954,593
Lease amortization - - -
Asset Management 2,647,619 453,189 3,100,808
Total operating expenses 72,918,776 10,463,820 83,382,596
Operating Income 45,062,979$ (10,462,032)$ 34,600,947$
Nonoperating Revenues:
Property taxes levied by the District -$ 133,618$ 133,618$
Investment income (4,167,558) (622,412) (4,789,970)
Rent and other income 86,986 - 86,986
Total nonoperating revenues (4,080,572) (488,794) (4,569,366)
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 1,347$ 183,413$ 184,760$
Non-recurring projects and studies 2,235,413 486,326 2,721,739
Interest expense 14,282,294 - 14,282,294
Total non-operating expenses 16,519,054 669,739 17,188,793
Income before Capital Contributions 24,463,353$ (11,620,565)$ 12,842,788$
Capital Contributions:
Utility plant contributed 1,181,433$ 74,886$ 1,256,319$
Grant revenue - 67,113 67,113
Total capital contributions 1,181,433 141,999 1,323,432
Change in Net Position 25,644,786$ (11,478,566)$ 14,166,220$
Net Position-Beginning of Year 2,451,570,104$ 582,071,651$ 3,033,641,755$
Net Position-End of Year 2,477,214,890$ 570,593,085$ 3,047,807,975$
Please note - Rounding issues will be corrected at FYE
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
September 2022
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION