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HomeMy Public PortalAboutMarch (FY23) Balance SheetMARCH 2023 FEBRUARY 2023 YTD YTD $ Variance % change   Current Assets:     Unrestricted Current Assets:        Cash and cash equivalents  15,211,560$             23,269,300$             (8,057,740)$   -34.6%        Investments                                          154,017,839             151,577,308             2,440,531       1.6%        Sewer service charges receivable                     70,764,259              76,872,907              (6,108,648)     -7.9%        Unbilled sewer service charges receivable            37,352,825              37,357,976              (5,151)            0.0%        Property taxes receivable 819,123                   882,981                   (63,858)          -7.2%        Accrued income on investments                        2,556,532                2,368,450                188,082          7.9%        Other Receivables                                    8,716,844                9,935,532                (1,218,688)     -12.3%        Supplies inventory                                   9,171,528                9,302,757                (131,229)        -1.4%             Total unrestricted current assets                             298,610,510$           311,567,211$           (12,956,701)$  -4.2%     Restricted Current Assets:        Cash and cash equivalents                            159,824$                 822,090$                 (662,266)$      -80.6%        Investments                                          12,098,525              11,893,132              205,393          1.7%        Other Receivables                                    35,840                     35,998                     (158)               -0.4%             Total restricted current assets                  12,294,189$             12,751,220$             (457,031)$      -3.6%                          Total current assets                        310,904,699$           324,318,431$           (13,413,732)$  -4.1%           Non-current Assets:     Restricted Assets:        Cash and cash equivalents  41,575,925$             24,682,619$             16,893,306$   68.4%        Investments                                          94,032,099              110,667,933             (16,635,834)   -15.0%        Long-term investments                                59,086,639              58,936,541              150,098          0.3%        Property taxes receivable 5,259,209                5,709,979                (450,770)        -7.9%        Accrued Income on investments                        822,397                   725,894                   96,503            13.3%             Total restricted non-current assets                  200,776,269$           200,722,966$           53,303$          0.0%   Other Assets:        Notes receivable                                     8,365,140$              8,561,257$              (196,117)$      -2.3%        Long-term investments                                334,917,368             330,341,653             4,575,715       1.4%        Other Receivables - Non Current (Leases)3,308,705                3,308,705                -                 0.0%             Total other assets                             346,591,213$           342,211,615$           4,379,598$     1.3%           Capital Assets:     Depreciable:        Treatment and disposal plant and equipment           1,333,540,241$        1,333,128,645$        411,596$        0.0%        Collection and pumping plant                         3,370,848,893          3,368,726,783          2,122,110       0.1%        General plant and equipment                          114,189,812             114,365,413             (175,601)        -0.2%        Lease right of use asset 1,548,555                1,548,555                -                 0.0%                                                              4,820,127,501$        4,817,769,396$        2,358,105$     0.0%        Less:  Accumulated depreciation                      1,857,816,772          1,850,139,772          7,677,000       0.4%        Less:  Accumulated amortization 300,309                   300,309                   -                 0.0%        Net Depreciable Assets        2,962,010,420$        2,967,329,315$        (5,318,895)$   -0.2%             Non-depreciable:        Land                                                 83,525,342$             83,525,192$             150$               0.0%        Construction in progress                             1,358,115,234          1,329,872,025          28,243,209     2.1%           Net capital assets                                 4,403,650,996$        4,380,726,532$        22,924,464$   0.5%                     Total non-current assets                          4,951,018,478$        4,923,661,113$        27,357,365$   0.6%                          Total Assets                                5,261,923,177$        5,247,979,544$        13,943,633$   0.3%     Deferred Outflow of Resources:         Bonds and Notes Payable-Deferred Loss 2,871,279$              2,892,764$              (21,485)$        -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 25,636,285$             25,657,770$             (21,485)$        -0.1% METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING MARCH 2023 (UNAUDITED) MARCH 2023 FEBRUARY 2023 YTD YTD $ Variance % change METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING MARCH 2023 (UNAUDITED)                   Current Liabilities:        Contracts and accounts payable                       38,538,827$             43,864,005$             (5,325,178)$   -12.1%        Lease liability 238,285                   238,285                   -                 0.0%        Deposits and accrued expenses                        65,513,024              60,975,957              4,537,067       7.4%        Retainage payable                                    20,773,144              20,321,502              451,642          2.2%        Current portion of bonds and notes payable           69,397,300              69,397,300              -                 0.0%                                                              194,460,580$           194,797,049$           (336,469)$      -0.2%   Current Liabilities-Payable From Restricted Assets        Contracts and accounts payable                       821,428$                 987,192$                 (165,764)$      -16.8%        Retainage                                            745,228                   749,703                   (4,475)            -0.6%                                                              1,566,656$              1,736,895$              (170,239)$      -9.8%             Total current liabilities                        196,027,236$           196,533,944$           (506,708)$      -0.3%           Non-current Liabilities:        Deposits and accrued expenses                        9,297,517$              9,467,977$              (170,460)$      -1.8%        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                              1,813,848,293          1,812,083,098          1,765,195       0.1%                                                              1,884,817,680$        1,883,222,945$        1,594,735$     0.1%                               Total Liabilities                      2,080,844,916$        2,079,756,889$        1,088,027$     0.1%    Deferred Inflow of Resources:         Bonds and Notes Payable - Deferred Gain 10,871,901$             10,934,707$             (62,806)$        -0.6%         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 40,936,997$             40,999,803$             (62,806)$        -0.2%   Net Position:        Net Investment in Capital Assets 2,494,223,847$        2,483,157,296$        11,066,551$   0.4%        Restricted for:          Debt Service                                       68,238,288              62,123,308              6,114,980       9.8%          Subdistrict construction and improvement           89,609,125              91,143,061              (1,533,936)     -1.7%        Unrestricted                                          513,706,288             516,456,957             (2,750,668)     -0.5%                       Total Net Position  3,165,777,549$        3,152,880,622$        12,896,927$   0.4%