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Home My WebLink About2002Annual Report.pdf-"""-/~t71 f~EGEIVED mFILED 2003 SEP II AM 8: 26 ANNUAL REPfJ!RJpi~s'ON c:: AI'., '7 f'fe Ceo. # c .NAME ;:~ go/S9%' .31 7' "cA1~T ipo A/O j-' T/? /7' f e:/~ hO ',Z.3 ~PADDRESS TO TH E IDAHO PUBLIC UTiliTIES COMMISSION . FOR THE YEAR ENDED j.., t:/:z-(Pe~~ ~~?~ ...?~ eeP~) MORNING VIEW WATER CO., INC. AN IDAHO PUC REGULATED COMPANY 3996 E 200 N POBOX 598 RIGBY ill 83442 FAX 208-745-0041208- 745-0029 Mvhomes(fYida. net September 3, 2003 To Whom it May Concern Idaho Public Utilities Commission 472 Washington POBox 83720 Boise ID 83720-0074 Enclosed is the 2002 report as you have requested, and a report on the contingency fund. Beginning balance as of September 1 , 2002, at the time the new rate went into effect, and December 31 , 2002. Please notice that we have written off approximately $33 000 in liabilities from the Morning View Water Co. for monies loaned to Morning View Water Co. to keep it in operation. This is being done under extreme protest and only to concur with the commissions request. Should you need anything more please contact me at 208-745-0029. Sincerel ~~ fl. ~7:1'~ /---- ~olan Gneiting President kbr MORNING VIEW WATER CO., INC. AN IDAHO PUC REGULATED COMPANY 3996 E 200 N POBOX 598 RIGBY ID 83442 FAX 208-745-0041208- 745-0029 Mvhomes(~jda.net September 8, 2003 Contingency fund summary: September 01 $ 00. December 31 $ 575.46 zmg /1 September 8. 2003 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 31-Dec- 1 Give full name of utility 2 Date of Organization 3 Organized under the laws of the state of 4 Address of Principal Office (number & street) 5 P.O. Box (if applicable) 6 City State 8 Zip Code 9 Organization (proprietor, partnership, corp. 10 Towns, Counties served COMPANY INFORMATION Morningview Water Company, INC 1979 Idaho 3996 East 200 North PO Box 598 Rigby Idaho 83442 Corporation Rigby, Jefferson County 11 Are there any affiliated companies? Yes If yes attach a list with names, addresses & descriptions. Explain any services provided to the utility. Landco Building and Development12 Contact I nformation Name President (Owner) Vice President Secretary General Manager Complaints or Billing Engineering Emergency ServiceAccounting Diane Per 13 Were any water systems acquired during the year or any additions/deletions made to the service area during the year? If yes, attach a list with names, addresses & descriptions. Explain any services provided to the utility. 14 Where are the Company s books and records kept? .Street Address 3996 East 200 NorthC~ State Idaho Zip Rev7/99 Nolan Gneitin Phone No. 745-0029 745-0029 745-0029 745-0029 745-0029 745-0029 745-0029 356- 7779 83442 Page 1 NAME:Morninqview Water Company, INC COMPANY INFORMATION (Cont.) For the Year Ended 31-Dec- 15 Is the system operated or maintained under a service contract? 16 If yes: With whom is the contract? When does the contract expire? What services and rates are included? 17 Is water purchased for resale through the system? 18 If yes: Name of Organization Name of owner or operator Mailing Address City State Zip Water Purchased 19 Has any system(s) been disapproved by the Idaho Division of Environmental Quality? If yes, attach full explanation 20 Has the Idaho Division of Environmental Quality recommended any improvements? If yes, attach full explanation 21 Number of Complaints received during year concerning: Quality of Service High Bills Disconnection 22 Number of Customers involuntarily disconnected 23 Date customers last received a copy of the Summary of Rules required by IDAPA 31.21.01.701? Attach a copy of the Summary 24 Did significant additions or retirements from the Plant Accounts occur during the year? If yes, attach full explanation and an updated system map Rev7/99 Page 2 Gallons/CCF $Amount less than 10 less than 1 less than 10 all concerning rate case June of 2002 Yes NAME: ACCT # 460 461. 461. 462 464 465 466 400 Morninqview Water Company. INC REVENUE & EXPENSE DETAIL For the Year Ended DESCRIPTION 400 REVENUES 31-Dec- Unmetered Water Revenue Metered Sales - Residential Metered Sales - Commercial , Industrial Fire Protection Revenue 18509 Other Water Sales Revenue Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected 18509 Booked to Acct # 600 Booked to Acct 460 4601185 Booked to Acct 401 OPERATING EXPENSES 601.6 Labor - Operation & Maintenance 1334 601.Labor - Customer Accounts 601.Labor - Administrative & General 8141 603 Salaries , Officers & Directors 1387 604 Employee Pensions & Benefits 610 Purchased Water 615-Purchased Power & Fuel for Power 7559 618 Chemicals 620.6 Materials & Supplies - Operation & Maint.6054 620.8 Materials & Supplies - Administrative & General 1122 631-34 Contract Services - Professional 3457 635 Contract Services - Water Testing 341 636 Contract Services - Other 1275 641-Rentals - Property & Equipment 650 Transportation Expense 180 656-Insurance 400 660 Advertising 666 Rate Case Expense (Amortization) 667 Regulatory Comm. Exp. (Other except taxes)410 670 Bad Debt Expense 675 Miscellaneous Telephone 1351 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)33093 Rev7/99 Page 3 Name: ACCT # Morningview Water Company, INC INCOME STATEMENT For Year Ended DESCRIPTION 31-Dec- 403 406 407 6 408. 7 408. 8 408. 9A 408. 17 413 18 414 30 427. 31 427. 409. 409. 410. 410. 411 412 415 416 419 420 421 426 408. 409- Rev7/99 Revenue (From Page 3 , line 8) Operating Expenses (From Page 3, line 33) Depreciation Expense Amortization , Utility Plant Aquisition Adj. Amortization Exp. - Other Regulatory Fees (PUC) Property Taxes Payroll Taxes Other Taxes (list) IPUC DEQ Fees Federal Income Taxes State Income Taxes Provision for Deferred Income Tax - Federal Provision for Deferred Income Tax - State Provision for Deferred Utility Income Tax Credits Investment Tax Credits - Utility Total Expenses from operations before interest (add lines 2-15) Income From Utility Plant Leased to Others Gains (Losses) From Disposition of Utility Plant Net Operating Income (Add lines 1 17 &18 less line 16) Revenues , Merchandizing Jobbing and Contract Work Expenses, Merchandizing, Jobbing & Contracts Interest & Dividend Income Allowance for Funds used During Construction Miscellaneous Non-Utility Income Miscellaneous Non-Utility Expense Other Taxes, Non-Utility Operations Income Taxes , Non-Utility Operations Net Non-Utility Income (Add lines 20 23 & 24 less lines 21 , & 27) Gross Income (add lines 19 & 28) Interest Exp. on Long-Term Debt Other Interest Charges NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) Page 4 18509 33093 1227 1619 350 36339 17830 17830 Name: SUB ACCT # Morninqview Water Company. INC. ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 31-Dec- DESCRIPTION Balance Beginning of Year Added During Year Removed During Year Balance End of Year 301 Organization 302 Franchises and Consents 303 Land & Land Rights 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 Lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 607 5450 6057 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 2020 2020 341 Transportation Equipment 342 Stores Equipment 343 Tools, Shop and Garage Equipment 344 Laboratory Equipment 345 Power Operated Equipment 346 Communications Equipment 347 Miscellaneous Equipment 348 Other Tangible Property Rev7/99 TOTAL PLANT IN SERVICE (Add lines 1 - 28) 2627 5450 Enter beginning & end of year totals on Pg 7 , Line 1 8077 Page 5 Name:Morningview Water Company, INC. ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL For Year Ended 31-Dec- SUB ACCT # Depreciation Rate Increase (Decrease) Balance Beginning of Year Balance End of YearDESCRIPTION 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 Lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 5511 5450 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 406 406 341 Transportation Equipment 342 Stores Equipment 343 Tools, Shop and Garage Equipment 344 Laboratory Equipment 345 Power Operated Equipment 346 Communications Equipment 347 Miscellaneous Equipment 348 Other Tangible Property TOTALS (Add Lines 1 - 25)467 5917 5450 Enter beginning & end of year totals on Pg 7 , Line 7 Rev7/99 Page 6 Name: ACCT # Mornin view Water Com INC BALANCE SHEET For Year Ended 31-Dec- ASSETS Balance Beginning of Year Balance End of Year Increase (Decrease)DESCRIPTION 101 Utility Plant in Service (From Pg 5, Line 29)2627 8077 5450 102 Utility Plant Leased to Others 103 Plant Held for Future Use 105 Construction Work in Progress 114 Utility Plant Aquisition Adjustment 7 108. 8 108. 9 108. 10 110. 11 110. 12 115 14 123 15 125 17 131 18 135 19 141 20 142 21 145 22 151 23 162 24 173 25 143 27 181 28 183 29 184 30 186 Rev7/99 Subtotal (Add Lines 1 - 5) Accumulated Depreciation (From Pg 6, Line 26) Accum. Depr. - Utility Plant Lease to Others Accum. Depr. - Property Held for Future Use Accum. Amort. - Utility Plant in Service Accum. Amort. - Utility Plant Lease to Others Accumulated Amortization - Aquisition Adj. Net Utility Plant (Line 6 less lines 7 - 12) Investment in Subsidiaries Other Investments 2627 8077 5450 467 467 2160 2160 Total Investments (Add lines 14 & 15) Cash Short Term Investments Accts/Notes Receivable - Customers Other Receivables Receivables from Associated Companies Materials & Supplies Inventory Prepaid Expenses Unbilled (Accrued) Utility Revenue Provision for Uncollectable Accounts Total Current (Add lines 17 -24 less line 25) Unamortized Debt Discount & Expense Preliminary Survey & Investigation Charges Deferred Rate Case Expenses Other Deferred Charges Total Assets (Add lines 13, 16 & 26 - 30)5293 10731 5438 Page 7 Name:Morninqview Water Company. INC BALANCE SHEET For Year Ended 31-Dec- LIABILITIES & CAPITAL Balance End of Year Increase (Decrease) Balance Beginning of YearACCT #DESCRIPTION 201-Common Stock 204-Preferred Stock 207-Miscellaneous Capital Accounts 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 561 18391 17830 216 Reacquired Capital Stock 218 Proprietary Capital 5245 17323 12078 Total Equity Capital (Add Lines 1-5+7 less line 6) 221-Bonds 223 Advances from Associated Companies 224 Other Long - Term Debt 231 Accounts Payable 7159 7159 232 Notes Payable 4640 4640 233 Accounts Payable - Associated Companies 235 Customer Deposits (Refundable) 236.Accrued Other Taxes Payable 609 609 236.Accrued Income Taxes Payable 236.Accrued Taxes - Non-Utility 237-40 Accrued Debt, Interest & Dividends Payable 241 Misc. Current & Accrued Liabilities 251 Unamortized Debt Premium 252 Advances for Construction 253 Other Deferred Liabilities 255.Accumulated Investment Tax Credits - Utility 255.Accum. Investment Tax Credits - Non-Utility 261-Operating Reserves 271 Contributions in Aid of Construction 272 Accum. Amort. of Contrib. in Aid of Const. ** 281-Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 TOTAL LlAB & CAPITAL (Add lines 8 & 30)5293 10731 54381 ** Only if Commission Approved Rev7/99 Page 8 Name:Morninqview Water Company. INC STATEMENT OF RETAINED EARNINGS For Year Ended 31-Dec- Retained Earnings Balance tID Beginning of Year Amount Added from Current Year Income (From Pg 4 , Line 32) Other Credits to Account Dividends Paid or Appropriated Other Distributions of Retained Earnings Retained Earnings Balance tID End of Year 17830 CAPITAL STOCK DETAIL No. Shares No. Shares 0 t t Dividends P 'Description (Class , Par Value etc.orlze u s an mgA th . d DETAIL OF LONG-TERM DEBT Interest InterestYear-end B I Interest P 'escrlptlon ate a ance ccrued American General Finance 17.07%4640 377 Rev7/99 Page 9 Name: SYSTEM ENGINEERING DATA For Year Ended Provide an updated system map if significant changes have been made to the system during the year. Water Supply: Rated Capacity Type of Treatment: (None, Chlorine Fluoride Annual Production Water Supply Source (Well, Spring, Pump Desiqnation or location (qpm)Filter etc.(OOO's Gal.)Surface Wtr) System Storage: Total Capacity OOO' G I Usable Capacity OOO' Type ofReservoir Construction (Elevated, Pres- (Wood, Steeltoraqeeslqna Ion or ocatlon al.urize , Boosted)Concrete) (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev7/99 Page 10 Name: SYSTEM ENGINEERING DATA (continued) For Year Ended FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year CUSTOMER STATISTICS Number of Customers Thousands of Gallons Sold Public Fire Protection This Last This Last Year Year Year Year None None None None 32911000 39312000 Metered: Residential Commercial Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Street Sprinkling Municipal , Other Other Water Utilities TOTALS (Add lines 2 through 8)32911000 39312000 Rev7/99 Page 12 09/04/2003 0E: 03 3592055 FERRiS FAX PAGE CERTIFICA TE Countv ) ss State of Idaho WE, the under$igned /1!'0 41- (f-,/j/ ll and ~~V ... ~ of t vU ~ ~ :;t/ utility, on our oath do $arally say th~t the foregoin report has bee;;;rerar!ild under our direction from the original books, papers and records of said utility: that we h;;JVe Garefully examined same, and declare the same to be a correct statement of the business and atf"",,s ,."r si!lid utility for the period covered by the report in respect to each and every matter ;Oir'ld tiling 'Jle'ln set forth, to the best of our knowledge, information and beli~f Subscribed and Sworn to Before Me this~day Of~~. av'- OTARY PUBLIC 2Cb~ My Col\lmission Expires QJKI e~C8I/J n8l8onl~ ul rpUi/Wlriin nU8 irpl Rev7!99 ,..'" 11"" " ~SA AN/) .. 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