HomeMy Public PortalAboutDecember (FY23) Segmented Income StatementDecember 2022 December 2022 December 2022
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 241,202,628$ (956)$ 241,201,672$
Recovery of (provision for) doubtful sewer service charge (2,800,331) 2,623 (2,797,708)
Licenses, permits, and other fees 2,148,187 - 2,148,187
Other 1,357,056 5,158 1,362,214
Total operating revenues 241,907,540 6,825 241,914,365
Operating Expenses:
Pumping and treatment 33,806,329$ -$ 33,806,329$
Collection system maintenance 16,766,284 7,289,587 24,055,871
Engineering 173,233 5,357,159 5,530,392
General and administrative 31,918,459 290,096 32,208,555
Water backup claims 6,710,210 - 6,710,210
Depreciation 41,893,442 7,306,929 49,200,371
Lease amortization - - -
Asset Management 5,767,878 837,278 6,605,156
Total operating expenses 137,035,835 21,081,049 158,116,884
Operating Income 104,871,705$ (21,074,224)$ 83,797,481$
Nonoperating Revenues:
Property taxes levied by the District -$ 54,161,981$ 54,161,981$
Investment income 672,104 (97,085) 575,019
Rent and other income 177,439 - 177,439
Total nonoperating revenues 849,543 54,064,896 54,914,439
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 605,305$ 236,921$ 842,226$
Non-recurring projects and studies 8,145,190 1,399,678 9,544,868
Interest expense 29,783,026 - 29,783,026
Total non-operating expenses 38,533,521 1,636,599 40,170,120
Income before Capital Contributions 67,187,727$ 31,354,073$ 98,541,800$
Capital Contributions:
Utility plant contributed 2,358,306$ 1,505,294$ 3,863,600$
Grant revenue 354,476 67,113 421,589
Total capital contributions 2,712,782 1,572,407 4,285,189
Change in Net Position 69,900,509$ 32,926,480$ 102,826,989$
Net Position-Beginning of Year 2,451,570,102$ 582,071,651$ 3,033,641,753$
Net Position-End of Year 2,521,470,611$ 614,998,131$ 3,136,468,742$
Please note - Rounding issues will be corrected at FYE
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
December 2022
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION