FILED
MAR1 8 2015
MSS.PUBUCSERVICE
COMMISSION
TUNICA COUNTY
UTILITY DISTRICT
2015-UN-024
ADDITIONAL FINANCIAL
DATAINSUPPORTOF
NOTICE OF INTENT
TO CHANGE RATES
* Electronic Copy * MS Public Service Commission * 6/14/2017 * MS Public Service Commission * Electroni
Tunica County Utility District
Statements of Assets, Liabilities & Net Assets-Cash Bapis
September30, 2014
ASSETS
CURRENT ASSETs
Cash 1st Security
Cash 1st Security
Cash CD's
Total Cash
-
-
-
-
12017
12130
FILED
MAR1 8 2015
$ (423,596.47)
(34,002.26)
E
PUBUCSERVtC
WSS.COMMISS\ON
11,711.41
(445,887.32)
-
Accounts Receivable
Prepaid Expenses
Total Current Assets
337,095.56
23,000.00
(85,791.76)
CAPITAL ASSETS
Land
Building
Plant in Service Water
Plant in Service Wastewater
Equipment Operating
Equipment Lab
Equipment Office
Equipment Pipe
Equipment Other
Automobiles
Construction in Progress
-
-
-
-
-
-
-
Land Acquisition
Accumulated Depreciation
Total Capital Assets
OTHER ASSETS
Bond Issue Cost-2010 Issue
Tax Ref DSR Fund
Tax Ref Redemption Fund
Total Other Assets
526,673.10
125,372.20
27,401,463.63
38,735,487.52
1,511,925.87
36,889.65
116,057.96
46,908.16
29,952.65
333,245.98
1,551,395.42
425,350.00
(38,947,191.22)
31,893,530.92
66,091.66
1,039,779.27
1,421,367.76
2,527,238.69
$34,334,977.85
TOTAL ASSETS
See Accountants' Compilation Report
* Electronic Copy * MS Public Service Commission * 6/14/2017 * MS Public Service Commission * Electronic
Tunica County Utility District
Statement of Assets, Liabilities & Net Assets-Cash Basis
September 30, 2014
LIABILITIES AND NET ASSETs
CURRENT LIABILITIEs
$
Accounts Payable
Retainage Payable
Current Maturities, Long Term Debt
Accrued Interest
Sales Taxes Payable
Customer Deposits
27,544.36
21,040.49
FILED
MAR1 8 2015
MISS. PUBUCSERVICE
COMMISSION
1,537,284.00
142,000.00
5,573.74
15,633.00
Total Current Liabilities
1,749,075.59
NONCURRENT LIABILITIES
Notes Payable
Note Payable
-
-
DEQ
DEQ2
1,640,597.63
Bonds Payable Series 2010
Bond Issue 2004 refund
DeFease cost Tax Ref Bonds
Issue cost Tax Ref
Discount Tax Ref Bonds
-
-
Bonds Payable Tax Ref
Less Current Maturities
Total Noncurrent
46,000.00
4,145,000.00
(77,136.14)
(75,343.99)
(191,372.07)
(475,954.90)
8,090,000.00
(1,537,284.00)
11,564,506.53
Liabilities
TOTAL LIABILITIES
13,313,582.12
NET ASSETS
Fund Balance
Net Income (Loss) Year-to-Date
Total Stockholders'
20,787,310.95
223,265.31
Equity
TOTAL LIABILITIES & NET ASSETS
21,010,576.26
$34,324,158.38
See Accountants' Compilation Report
* Electronic Copy * MS Public Service Commission * 6/14/2017 * MS Public Service Commission * Electronic
FILED
MAR18 2015
Tunica County Utility District
Statement of Operations Cash Basis
For the 12 Months Ended September 30, 2014
MISS.PUBLIC
SERVICE
COMMISSION
-
1 Month
REVENUE
Customer Deposits
Sales Water-Residential
Sales Water
Sales Sewer Residential
Sales Wastewater Service
Sales Taxes
Misc. Income
Transfer-From Tunica County
Grant Money Received
-
-
-
-
-
Total Revenues
OPERATING EXPENSES
Auto Expense
Bank Charges
Chemicals
Contract Labor
Consulting/Engineering Fees
Lab Fees
Management Fees
Dues & Subscriptions
Engr. & Consulting Fees
Freight
Fuel
Insurance Employee
Insurance Other
%
12
Months
0.1
9.4
31.2
$ 2,945.30
4.0
119,063.32
34.0
0.0
4.5
0.0
1,166,388.58
116.88
111,075.53
16.8
275,759.52
0.1
9.8
31.2
3.6
35.3
0.0
3.4
8.0
8.3
300,196.68
100.0
3,297,490.93
99.7
6,796.47
306.00
2.3
0.1
83,952.45
3,282.77
14,105.56
4.7
0.1
0.0
129,605.94
2.5
0.1
3.9
0.8
3.4
0.2
0.0
0.1
37,668.05
124,527.50
110,942.89
1,209.65
2.5
0.9
112,808.37
175,294.67
$
172.00
28,268.10
93,798.67
11,878.77
101,975.60
0.00
13,621.23
0.00
50,482.31
300.00
0.00
2,275.00
10,200.00
456.60
0.00
182.65
7,536.56
2,814.85
0.00
0.0
Legal & Accounting Fees
9,178.96
3.1
License & Fees
Miscellaneous Expense
Pipeline
1,322.77
0.4
0.0
0.8
0.2
0.3
-
-
Postage
Rent Equipment
Rent Office
Repairs & Maintenance
Refunds
Salaries and wages
Sewer Fees
-
-
Software
0.00
2,343.02
618.45
795.30
2,500.00
19,017.79
38.00
65,919.75
1,160.37
387.49
0.8
6.3
0.0
22.0
0.4
0.1
323,499.94
1,033,081.52
265,560.34
2,400.00
0.1
12,533.18
0.4
1.1
3.8
0.1
3.4
0.0
3.4
2,288.21
95,164.25
96,279.10
5.3
2.9
13,747.61
13,170.66
2.9
0.4
0.4
52,071.72
1.6
15,215.33
0.5
37,897.68
30,000.00
1.1
159,235.92
38.00
869,626.37
10,711.29
2,387.47
0.9
4.8
0.0
26.3
0.3
0.1
* Electronic Copy * MS Public Service Commission * 6/14/2017 * MS Public Service Commission * Electronic
FILED
MAR18 2015
MISS.PUBLICSERVICE
COMMISSION
Tunica County Utility District
Statement of Operations Cash Basis
For the 12 Months Ended September 30, 2014
-
1 Month
§
R.
5
Months
Supplies Office
Supplies Operating
Telephone
Travel
Uniforms
Utilities Electricity
Pumping Services
Utilities -Other
Solid Waste Disposal
MS DEQRLF
2,853.86
24,544.48
2,048.48
6,174.54
2,016.20
-
-
32,046.92
1,240.00
2,509.39
-
0.00
0.00
Total Operating Expenses
OTHER INCOME (EXPENSES)
Interest Income
Interest Expense
Total Other Income (Expenses)
NET INCOME (LOSS)
1.0
8.2
0.7
2.1
0.7
10.7
0.4
0.8
0.0
0.0
221,689.46
73.8
0.00
0.0
0.0
0.00
0.00
0.0
78,507.22
26.15
800.00
157,467.82
1.2
3.6
1.6
1.6
0.5
12.5
0.8
0.8
0.0
4.8
3,097,533.24
93.6
22.64
0.0
40,553.63
117,686.93
53,349.83
53,630.25
16,905.75
413,191.56
26,023.20
25,865.19
23,284.98
23,307.62
223,265.31,
(0.7)
0.7
6.75
See Accountants' Compilation Report
* Electronic Copy * MS Public Service Commission * 6/14/2017 * MS Public Service Commission * Electronic