2021Annual Report.pdf

Pterl
A]YIY(TAL REPORT
OF
Picabo Water System, LLC
NAME
213 Ranch Ln.
Picabo, ldaho 83348
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES GOMMISSION
FOR THE
YEAR ENDED
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1 Give full name of utility
Telephone Area Code ( )
E-mailaddress
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
7 State
8 Zip Code
9 Organization (proprietor, partnership, corp.)
10 Towns, Counties served
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 2O2L
COMPANY INFORMATION
Picabo Water System, LLC.
208 720 sls}
[e-mail]
Jan 1,202L
Idaho
213 Ranch I-n
PO Box 588
Picabo
Idaho
83348
LLC
Picabo, Blaine
11 Are there any affiliated companies?Picabo Livestock Co. LLC.
lf yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact lnformation Name
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
Nicholas
Rural Fires
bers
13 Were any water systems acquired during the year or any additionsideletions made
to the service area during the year?
Pat P
Brockwa En
Phone No
2086
208720s329
2
No
lf yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
i4 Where are the Company's books and records kept?
Street Address 213 Ranch Ln
City Picabo
State Idaho
83348
Rev 3/02
zip
Page 1
NAME: Picabo Water System, LLC.
COMPANY INFORMATION (Cont.)
For the Year Ended ZO2l
15 ls the system operated or maintained under a
service contract?
16 lf yes: With whom is the contract?
When does the contract expire?
What services and rates are included?
17 ls water purchased for resale through the system?
18 lf yes: Name of Organizatlon
Name of owner or operator
Mailing Address
City
State
zip
Water Purchased
19 Has any system(s) been disapproved by the
ldaho Division of Environmental Quality?
lf yes, attach full explanation
20 Has the ldaho Division of EnvironmentalQuality
recommended any improvements?
lf 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 lhe year?
lf yes, attach full explanation
and an updated system map
No
No
Gallons/CCF $Amount
0
No
No
0
2021
Nn
0
0
Rev 3/02 Page 2
NAME: Picabo Water System. LLC
REVENUE & EXPENSE DETAIL
For the Year Ended 2021
ACCT #DESCRIPTION
1
2
3
4
5
o
7
8
4OO REVENUES
460 Unmetered Water Revenue
461.1 Metered Sales - Residential
461.2 Metered Sales - Commercial, lndustrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
465 lrrigation Sales Revenue
466 Sales for Resale
400 Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line '1)
. DEQ Fees Billed separately to customers
** Hookup or Connection Fees Collected
***Commission Approved Surcharges Collected
401 OPERATING EXPENSES
601 .1-6 Labor - Operation & Maintenance
601.7 Labor - Customer Accounts
601.8 Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
6'15-16 Purchased Power & Fuel for Power
618 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services - Water Testing
636 Contract Services - Other
641-42 Rentals - Property & Equipment
650 Transportation Expense
656-59 lnsurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous
14,380.00
14.380.00
Booked to Acct #
1,500.00 Booked to Acct #
Booked to Acct #
7,t67.00
493.00
800.00
1,200.00
r3,750.00
314 00
541.00
I
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
Rev 3/02 Page 3
24,265.00
Name: Picabo Water System, LLC.
INCOME STATEMENT
For Year Ended 202L
ACCT #DESCRIPTION
1 Revenue (From Page 3, line B)
2 Operating Expenses (From Page 3, line 33)
3 403 Depreciation Expense
4 406 Amortization, Utility Plant Aquisition Adj.
5 407 Amortization Exp. - Other
6 408.10 Regulatory Fees (PUC)
7 408.11 Property Taxes
B 408.12 PayrollTaxes
9A 408.'13 Other Taxes (list) DEQ Fees
15.880.00
24,265.00
370 00
9B
9C
9D
10
11
12
13
14
15
to
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Idahn DF'O
TDI TT-
409.10 Federal lncomeTaxes
409.11 State lncome Taxes
410.10 Provision for Deferred lncome Tax - Federal
410.11 Provision for Deferred lncome Tax - State
411 Provision for Deferred Utility lncome Tax Credits
412 lnvestment Tax Credits - Utility
100.00
50.00
Total Expenses from operations before interest (add lines 2-15)
lncome From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating lncome (Add lines 1,17 &18less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
lnterest & Dividend lncome
Allowance for Funds used During Construction
Miscellaneous Non-Utility lncome.
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
lncome Taxes, Non-Utility Operations
Net Non-Utility lncome (Add lines 20,22,23 & 24 less lines 21 ,25,26, & 27)
Gross lncome (add lines 19 & 28)
lnterest Exp. on Long-Term Debt
Other lnterest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
24.785.00
413
414
(7.90s.00)
415
416
419
420
421
426
408.20
409-20
427.3
427.5
0.00
(7,90s.00)
Rev 3/02 Page 4
(7,905.00)
Name: Picabo Water System. LLC.
ACCOUNT 101 PLANT IN SERVICE DETAIL
ForYear Ended 2021
SUB
ACCT #
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
794.00
1
2
3
4
5
o
7
B
o
10
11
12
13
14
tc
16
17
18
19
20
21
22
23
24
25
26
27
28
29
301
302
303
304
305
306
307
308
309
3'10
311
320
330
331
333
334
335
336
339
340
341
342
343
344
345
346
347
348
DESCRIPTION
Organization
Franchises and Consents
Land & Land Rights
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTAL PLANT IN SERVICE
(Addlinesl-28)
I
1 3s0.00
00.00
t 00
1 .00
Enter beginning & end of year totals on Pg 7, Line 1
305,319.00
I 17.155.00
74.17\ OO
1.500.00
152,830.00
Rev 3/02 Page 5
Name: Picabo Water System, LLC.
ACCUMULATED DEPREC]ATION ACCOUNT 108.1 DETAIL
For Year Ended 2021
SUB
ACCT #
Depreciation
Rate
%
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
1
2
3
4
5
b
7
B
o
10
11
12
13
14
15
16
17
1B
't9
20
21
22
23
24
25
26
304
305
306
307
308
309
310
311
320
330
331
333
334
JJb
336
339
340
341
342
343
344
345
346
347
348
DESCRIPTION
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTALS (Add Lines 1 - 25)
Enter beginning & end of year totals on Pg 7, Line 7
66,255.00 66,255.00
Rev 3/02 Page 6
Name: Picabo Water Svstem. LLC.
BALANCE SHEET
For Year Ended 2021
ASSETS Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
reaseACCT #
1 101
2 102
3 103
4 105
5 114
b
7 108.1
I 108.2
I 108.3
10 110.1
11 110.2
12 115
13
14 123
15 125
16
17 131
18 135
19 141
20 142
21 145
22 151
23 162
24 173
25 143
26
27 181
28 183
29 184
30 186
31
DESCRIPTION
Utility Plant in Service (From Pg 5, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction Work in Progress
Utility Plant Aquisition Adjustment
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)
lnvestment in Subsidiaries
Other lnvestments
Total lnvestments (Add lines 14 & 15)
Cash
Short Term lnvestments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies lnventory
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 & lnvestigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total Assets (Add lines 13, 16 & 25 - 30)
66.255.O0
r 0-000 00
76,255.00
Rev 3/02 Page 7
Name: Picabo Water System, LLC
BALANCE SHEET
For Year Ended 2O2l
ACCT #
LIABILITIES & CAPITAL
DESCRIPTION
Common Stock
Preferred Stock
Miscellaneous Capital Accounts
Appropriated Retained Earnings
Unappropriated Retained Earnings
Reacquired Capital Stock
Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)
Bonds
Advances from Associated Companies
Other Long - Term Debt
Accounts Payable
Notes Payable
Accounts Payable - Associated Companies
Customer Deposits (Refundable)
Accrued Other Taxes Payable
Accrued lncome Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, lnterest & Dividends Payable
Misc. Current & Accrued Liabilities
Unamortized Debt Premium
Advances for Construction
Other Deferred Liabilities
Accumulated lnvestment Tax Credits - Utility
Accum. lnvestment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred lncome Taxes
Total Liabilities (Add lines 9 - 29
LIAB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
Decrease
1
2
3
4
5
6
7
B
o
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
201-3
204-6
207-13
214
215
216
218
221-2
223
224
231
232
233
235
236.11
236.12
236.2
237-40
241
251
252
253
255.1
255.2
261-5
271
272
281-3
TOTAL
27
28
29
30
3'r 0.00 000
Rev 3i02 Page 8
Name: Picaho Water Sysfem, I T C
STATEMENT OF RETAINED EARNINGS
ForYear Ended ZOZ1
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year lncome (From Pg 4, Line 32)
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance @ End of Year
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.) Authorized
DETAIL OF LONG-TERM DEBT
06.1s2.80\
(7.90s.00)
(34,057.80)
7
Year-end
Balance
No. Shares
Outstandin
lnterest
Paid
Dividends
Paid
lnterest
AccruedB Descri
lnterest
Rate
Rev 3/02 Page 9
Name: Picabo Water Svstem, LLC.
SYSTEM ENGINEERING DATA
For Year Ended Z02l
1 Provide an updated system map if significant changes have been made to the system during the year
2 Water Supply:
Pu Desi nation or location
Rated
Capacity
Total
Capacity
000's
Gal.
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc.
Usable
Capacity
000's
Gal.
Annual
Production
Type of
Reservoir
(Elevated,Pres-
Water
Supply
Source
(Well, Spring,
Construction
(Wood, Steel
's Gal Surface
3 System Storage:
Desi nation or Location
Water Tank
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
urized Boosted Concrete
294 Chlorine N/A
)94 Chlorine N/A
50.000 1< nno F'.levated Plastir
Rev 3/02 Page 10
Designation or Location Horse
Power
Discharge
Pressure
&T of Pum
#t
** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year
Attach additional sheets if inadequate space is available on this page.
lf Wells are metered:
What was the total amount pumped this year?
What was the total amount pumped during peak month?
What was the total amount pumped on the peak day?
NA
6 lf customers are metered, what was the total amount sold in peak month?NTA
Name: Picaho Water System,I T C
SYSTEM ENGINEERING DATA
(continued)
ForYearEnded )o)1
4 Pump information for ALL system pumps, including wells and boosters
Rated
Capacity
Was your system designed to supply fire flows?
lf Yes: What is current system rating?
How many times were meters read this year?
During which months?
How many additional customers could be served with no system improvements
except a service line and meter?
How many of those potential additions are vacant lots?
10 Are backbone plant additions anticlpated durrng the coming year?
lf Yes, attach an explanation of projects and anticipated costs!
11 ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
Energy
Used
This Year
5
7
8
Yes
.I-RI)
NA
o
0
g
No
20 294 45
20 ).94 45
1r)500 Aq
Rev 3/02 Page 11
)o) 1
Name: Pirahn Wafer SySfern, I I C.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 2021
FEET OF MAINS
1 Pipe
Size
8,'PVC
2 Metered:
2A Residential
28 Commercial
2C lndustrial
ln Use
Beginning
Of Year
lnstalled
During
Year
Last
Year
Abandoned
During
Year
This
Year
ln Use
End of
Year
3660
Last
Year
3
3A
3B
3C
4 Private Fire Protection
5 Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
CUSTOMER STATISTICS
Number of Customers
This
Year
35
Flat Rate:
Residential
Commercial
lndustrial
6
7
8
33
?
I
?7
Rev 3/02
TOTALS (Add lines 2 through 8)
Page 12
CERTIFICATE
State of ldaho
Qounty of Blaine
SS
WE, the undersigned \T:-l- Tr---l--
and
of the Picaho Warer System,
utility, on our oath do severally say that the foregoing report has been prepared under our direction,
from the original books, papers and records of said utility; that we have carefully examined same, and
declare the same to be a correct statement of the business and affairs of said utility for the period
covered by the report in respect to each and every matter and thing therin set forth, to the best of our
knowledge, information and belief.
n/-L P,r^lrz
(Chief orficer(
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
tnis ll4av ruDof
NOTARY PUBLIC
My Commission Expires
Rev 3/02 Page '13
gdUexcel4nelson/anulrpts,/wtrannualrpt