HomeMy Public PortalAboutSeptember (FY24) Segmented Income StatementSeptember 2023 September 2023 September 2023
YTD YTD YTD
Sanitary Storm Total
Operating Revenues:
Sewer service charges 122,724,790$ (443)$ 122,724,347$
Recovery of (provision for) doubtful sewer service charge (1,466,508) 1,359 (1,465,149)
Licenses, permits, and other fees 880,686 - 880,686
Other 903,794 579 904,373
Total operating revenues 123,042,762 1,495 123,044,257
Operating Expenses:
Pumping and treatment 19,025,911$ -$ 19,025,911$
Collection system maintenance 9,172,985 3,636,452 12,809,437
Engineering 300,449 2,719,360 3,019,809
General and administrative 14,886,104 7,145 14,893,249
Water backup claims 227,428 - 227,428
Depreciation 19,461,580 3,554,074 23,015,654
Lease amortization - - -
Asset Management 3,079,054 603,074 3,682,128
Total operating expenses 66,153,511 10,520,105 76,673,616
Operating Income 56,889,251$ (10,518,610)$ 46,370,641$
Nonoperating Revenues:
Property taxes levied by the District -$ 125,903$ 125,903$
Investment income 6,090,019 969,988 7,060,007
Rent and other income 87,072 - 87,072
Total nonoperating revenues 6,177,091 1,095,891 7,272,982
Non-operating Expenses:
Net (gain) loss on disposal and sale of capital assets (2,212)$ (588)$ (2,800)$
Non-recurring projects and studies 1,539,815 1,750,200 3,290,015
Interest expense 15,896,539 - 15,896,539
Total non-operating expenses 17,434,142 1,749,612 19,183,754
Income before Capital Contributions 45,632,200$ (11,172,331)$ 34,459,869$
Capital Contributions:
Utility plant contributed -$ -$ -$
Grant revenue - - -
Total capital contributions - - -
Change in Net Position 45,632,200$ (11,172,331)$ 34,459,869$
Net Position-Beginning of Year 2,588,246,670$ 593,619,296$ 3,181,865,966$
Net Position-End of Year 2,633,878,870$ 582,446,965$ 3,216,325,835$
Please note - Rounding issues will be corrected at FYE
METROPOLITAN ST. LOUIS SEWER DISTRICT
FOR THE PERIOD ENDING
September 2023
(UNAUDITED)
SEGMENTED STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET POSITION