HomeMy Public PortalAboutMarch (FY24) Segmented Balance SheetMarch 2024 March 2024 March 2024
Sanitary Storm Total
Current Assets:
Unrestricted Current Assets:
Cash and cash equivalents 16,009,437$ (34,786)$ 15,974,651$
Investments 208,859,079 9,246,947 218,106,026
Sewer service charges receivable 80,354,084 38,704 80,392,788
Unbilled sewer service charges receivable 38,974,479 - 38,974,479
Property taxes receivable - 1,300,337 1,300,337
Accrued income on investments 2,883,624 61,411 2,945,035
Other Receivables 3,960,441 (610,435) 3,350,006
Supplies inventory 9,367,175 289,706 9,656,881
Total unrestricted current assets 360,408,319 10,291,884 370,700,203
Restricted Current Assets:
Cash and cash equivalents -$ 1,128,471$ 1,128,471$
Investments - 15,378,196 15,378,196
Other Receivables 33,157 - 33,157
Total restricted current assets 33,157 16,506,667 16,539,824
Total current assets 360,441,476 26,798,551 387,240,027
Non-current Assets:
Restricted Assets:
Cash and cash equivalents 15,479,382$ 1,835,829$ 17,315,211$
Investments 74,975,222 25,017,117 99,992,339
Long Term Investments 1,091,108 49,099,755 50,190,863
Property taxes receivable (17,971) 8,529,420 8,511,449
Accrued Income on investments 518,393 572,784 1,091,177
Other Receivables - 610,435 610,435
Total restricted non-current assets 92,046,134 85,665,340 177,711,474
Other Assets:
Notes receivable 7,559,251$ -$ 7,559,251$
Long-term investments 244,185,189 10,887,901 255,073,090
Other Receivables - Non Current (Leases)3,012,760 - 3,012,760
Total other assets 254,757,200 10,887,901 265,645,101
Capital Assets:
Depreciable:
Treatment and disposal plant and equipment 1,335,089,601$ -$ 1,335,089,601$
Collection and pumping plant 2,726,296,593 710,392,964 3,436,689,557
General plant and equipment 96,679,273 19,779,838 116,459,111
Lease right of use asset 43,025,927 - 43,025,927
4,201,091,394 730,172,802 4,931,264,196
Less: Accumulated depreciation 1,683,934,784 268,153,532 1,952,088,316
Less: Accumulated amortization 17,933,529 - 17,933,529
Net Depreciable Assets 2,499,223,081 462,019,270 2,961,242,351
Non-depreciable:
Land 73,270,986$ 10,333,323$ 83,604,309$
Construction in progress 1,661,065,902 45,546,433 1,706,612,335
Net capital assets 4,233,559,969 517,899,026 4,751,458,995
Total non-current assets 4,580,363,303 614,452,267 5,194,815,570
Total Assets 4,940,804,779$ 641,250,818$ 5,582,055,597$
Deferred Outflow of Resources:
Bonds and Notes Payable-Deferred Loss 2,617,606$ -$ 2,617,606$
Pension Related Outflows 42,385,648 7,698,735 50,084,383
OPEB-related Outflows 3,376,329 538,636 3,914,965
Total Deferred Outflow of Resources 48,379,583$ 8,237,371$ 56,616,954$
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
SEGMENTED STATEMENT OF NET POSITION
FOR THE PERIOD ENDING
March 2024
March 2024 March 2024 March 2024
Sanitary Storm Total
(UNAUDITED)
METROPOLITAN ST. LOUIS SEWER DISTRICT
SEGMENTED STATEMENT OF NET POSITION
FOR THE PERIOD ENDING
March 2024
Current Liabilities:
Contracts and accounts payable 54,729,541$ -$ 54,729,541$
Lease liability 5,139,685 - 5,139,685
Deposits and accrued expenses 51,894,714 10,126,334 62,021,048
Retainage payable 23,772,507 45,868 23,818,375
Current portion of bonds and notes payable 71,212,000 - 71,212,000
206,748,447 10,172,202 216,920,649
Current Liabilities-Payable From Restricted Assets
Contracts and accounts payable -$ 80,475$ 80,475$
Retainage - 638,229 638,229
- 718,704 718,704
Total current liabilities 206,748,447 10,890,906 217,639,353
Non-current Liabilities:
Deposits and accrued expenses 9,487,831$ -$ 9,487,831$
Net Pension Liability 82,704,626 14,559,707 97,264,333
Lease liability 13,532,086 - 13,532,086
Total OPEB Liability 22,523,967 3,584,799 26,108,766
Bonds and notes payable 1,911,202,922 - 1,911,202,922
2,039,451,432 18,144,506 2,057,595,938
Total Liabilities 2,246,199,879$ 29,035,412$ 2,275,235,291$
Deferred Inflow of Resources:
Bonds and Notes Payable - Deferred Gain 11,568,166$ -$ 11,568,166$
Pension Related Inflows 1,186,744 232,159 1,418,903$
OPEB-related Inflows 3,851,108 647,400 4,498,508$
Lease-related Inflows 3,078,176 - 3,078,176$
Total Deferred Inflow of Resources 19,684,194$ 879,559$ 20,563,753$
Net Position:
Net Investment in Capital Assets 2,164,780,410$ 517,315,160$ 2,682,095,569$
Restricted for:
Debt Service 64,088,145 - 64,088,145
Subdistrict construction and improvement 2,060,956 101,966,615 104,027,571
Unrestricted 492,370,776 291,446 492,662,222
Total Net Position 2,723,300,287$ 619,573,220$ 3,342,873,507$
Please note - Rounding issues will be corrected at FYE