HomeMy Public PortalAboutMarch (FY23) Segmented Income StatementMarch 2023 March 2023 March 2023
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 356,493,191$ (1,781)$ 356,491,410$
Recovery of (provision for) doubtful sewer service charge (4,177,996) 4,035 (4,173,961)
Licenses, permits, and other fees 3,161,672 - 3,161,672
Other 2,203,547 6,110 2,209,657
Total operating revenues 357,680,414 8,364 357,688,778
Operating Expenses:
Pumping and treatment 49,885,772$ -$ 49,885,772$
Collection system maintenance 25,150,169 10,708,302 35,858,471
Engineering 702,808 7,958,744 8,661,552
General and administrative 46,670,855 642,851 47,313,706
Water backup claims 7,385,690 - 7,385,690
Depreciation 61,836,289 10,810,549 72,646,838
Lease amortization - - -
Asset Management 8,386,891 1,304,486 9,691,377
Total operating expenses 200,018,474 31,424,932 231,443,406
Operating Income 157,661,940$ (31,416,568)$ 126,245,372$
Nonoperating Revenues:
Property taxes levied by the District -$ 47,555,506$ 47,555,506$
Investment income 8,924,269 1,166,825 10,091,094
Rent and other income 267,264 - 267,264
Total nonoperating revenues 9,191,533 48,722,331 57,913,864
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets 1,143,152$ 327,289$ 1,470,441$
Non-recurring projects and studies 10,643,648 2,932,311 13,575,959
Interest expense 43,757,434 - 43,757,434
Total non-operating expenses 55,544,234 3,259,600 58,803,834
Income before Capital Contributions 111,309,239$ 14,046,163$ 125,355,402$
Capital Contributions:
Utility plant contributed 3,129,008$ 2,828,282$ 5,957,290$
Grant revenue 609,241 213,863 823,104
Total capital contributions 3,738,249 3,042,145 6,780,394
Change in Net Position 115,047,488$ 17,088,308$ 132,135,796$
Net Position-Beginning of Year 2,451,570,102$ 582,071,651$ 3,033,641,753$
Net Position-End of Year 2,566,617,590$ 599,159,959$ 3,165,777,549$
Please note - Rounding issues will be corrected at FYE
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
March 2023
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION