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HomeMy Public PortalAboutSeptember (FY24) Balance SheetSEPTEMBER 2023 AUGUST 2023 YTD YTD $ Variance % change   Current Assets:     Unrestricted Current Assets:        Cash and cash equivalents  29,083,994$          31,951,026$          (2,867,032)$       -9.0%        Investments                                          212,675,364          209,995,757          2,679,607           1.3%        Sewer service charges receivable                     79,805,616            74,266,232            5,539,384           7.5%        Unbilled sewer service charges receivable            39,422,139            39,363,052            59,087               0.2%        Property taxes receivable 329,951                352,861                (22,910)              -6.5%        Accrued income on investments                        2,647,234              2,431,098              216,136              8.9%        Other Receivables                                    8,516,419              9,962,466              (1,446,047)         -14.5%        Supplies inventory                                   9,476,101              9,425,757              50,344               0.5%             Total unrestricted current assets                             381,956,818$        377,748,249$        4,208,569$         1.1%     Restricted Current Assets:        Cash and cash equivalents                            1,828,176$            2,088,896$            (260,720)$          -12.5%        Investments                                          13,565,359            15,180,557            (1,615,198)         -10.6%        Other Receivables                                    33,458                  33,312                  146                    0.4%             Total restricted current assets                  15,426,993$          17,302,765$          (1,875,772)$       -10.8%                          Total current assets                        397,383,811$        395,051,014$        2,332,797$         0.6%           Non-current Assets:     Restricted Assets:        Cash and cash equivalents  21,763,111$          12,895,920$          8,867,191$         68.8%        Investments                                          62,977,189            55,617,602            7,359,587           13.2%        Long-term investments                                35,544,695            38,499,608            (2,954,913)         -7.7%        Property taxes receivable 1,782,415              1,923,330              (140,915)            -7.3%        Accrued Income on investments                        740,113                617,521                122,592              19.9%             Total restricted non-current assets                  122,807,523$        109,553,981$        13,253,542$       12.1%   Other Assets:        Notes receivable                                     7,966,527$            8,166,905$            (200,378)$          -2.5%        Long-term investments                                216,775,585          233,272,938          (16,497,353)       -7.1%        Other Receivables - Non Current (Leases)3,012,760              3,012,760              -                     0.0%             Total other assets                             227,754,872$        244,452,603$        (16,697,731)$     -6.8%           Capital Assets:     Depreciable:        Treatment and disposal plant and equipment           1,334,652,969$     1,334,209,664$     443,305$            0.0%        Collection and pumping plant                         3,376,563,541       3,376,563,541       -                     0.0%        General plant and equipment                          115,369,806          114,430,522          939,284              0.8%        Lease right of use asset 43,025,927            43,025,927            -                     0.0%                                                              4,869,612,243$     4,868,229,654$     1,382,589$         0.0%        Less:  Accumulated depreciation                      1,904,347,898       1,896,759,237       7,588,661           0.4%        Less:  Accumulated amortization 12,495,249            12,495,249            -                     0.0%        Net Depreciable Assets        2,952,769,096$     2,958,975,168$     (6,206,072)$       -0.2%             Non-depreciable:        Land                                                 83,562,961$          83,562,961$          -$                   0.0%        Construction in progress                             1,539,759,649       1,516,798,347       22,961,302         1.5%           Net capital assets                                 4,576,091,706$     4,559,336,476$     16,755,230$       0.4%                     Total non-current assets                          4,926,654,101$     4,913,343,060$     13,311,041$       0.3%                          Total Assets                                5,324,037,912$     5,308,394,074$     15,643,838$       0.3%     Deferred Outflow of Resources:         Bonds and Notes Payable-Deferred Loss 2,744,442$            2,765,235$            (20,793)$            -0.8%         Pension-related Outflows 50,084,383            50,084,383            -                     0.0%         OPEB-related Outflows 3,914,965              3,914,965              -                     0.0%             Total Deferred Outflow of Resources 56,743,790$          56,764,583$          (20,793)$            0.0% METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING SEPTEMBER 2023 (UNAUDITED) SEPTEMBER 2023 AUGUST 2023 YTD YTD $ Variance % change METROPOLITAN ST. LOUIS SEWER DISTRICT STATEMENT OF NET POSITION FOR THE PERIOD ENDING SEPTEMBER 2023 (UNAUDITED)                   Current Liabilities:        Contracts and accounts payable                       52,183,285$          51,801,556$          381,729$            0.7%        Lease liability 5,139,685              5,139,685              -                     0.0%        Deposits and accrued expenses                        57,940,684            53,012,151            4,928,533           9.3%        Retainage payable                                    22,363,617            23,186,866            (823,249)            -3.6%        Current portion of bonds and notes payable           70,649,000            70,649,000            -                     0.0%                                                              208,276,271$        203,789,258$        4,487,013$         2.2%   Current Liabilities-Payable From Restricted Assets        Contracts and accounts payable                       96,241$                17,944$                78,297$              436.3%        Retainage                                            567,435                553,977                13,458               2.4%                                                              663,676$               571,921$               91,755$              16.0%             Total current liabilities                        208,939,947$        204,361,179$        4,578,768$         2.2%           Non-current Liabilities:        Deposits and accrued expenses                        9,352,246$            9,348,482$            3,764$               0.0%        Net pension liability 97,264,333            97,264,333            -                     0.0%        Lease liability 13,532,086            13,532,086            -                     0.0%        Total OPEB Liability 26,108,766            26,108,766            -                     0.0%        Bonds and notes payable                              1,788,276,215       1,787,238,371       1,037,844           0.1%                                                              1,934,533,646$     1,933,492,038$     1,041,608$         0.1%                               Total Liabilities                      2,143,473,593$     2,137,853,217$     5,620,376$         0.3%    Deferred Inflow of Resources:         Bonds and Notes Payable - Deferred Gain 11,986,687$          12,055,296$          (68,609)$            -0.6%         Pension-related Inflows 1,418,903              1,418,903              -                     0.0%         OPEB-related Inflows 4,498,508              4,498,508              -                     0.0%         Lease Inflows 3,078,176              3,078,176              -                     0.0%             Total Deferred Inflow of Resources 20,982,274$          21,050,883$          (68,609)$            -0.3%   Net Position:        Net Investment in Capital Assets 2,635,127,713$     2,619,667,522$     15,460,191$       0.6%        Restricted for:          Debt Service                                       36,707,411            27,285,061            9,422,350           34.5%          Subdistrict construction and improvement           76,053,399            79,280,477            (3,227,078)         -4.1%        Unrestricted                                          468,437,312          480,021,497          (11,584,185)       -2.4%                       Total Net Position  3,216,325,835$     3,206,254,557$     10,071,278$       0.3%