2015Annual Report.pdf

AIY]YUAL REPORT
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NAME
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TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2015
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ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTIUTIES COMMISSION
FORTHE YEAR ENDING 2015
COMPANY INFORMATION
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
7 State
8 Zip Code
9 Organization(proprietor,partnership,corp.)
10 Towns, Counties served
Are there any affiliated companies? (yes or no)
Contact Information
President (Owner)
Vice President
Secretary
General Manager/Director
Complaints or Billing
Engineering
Emergency Service
Accounting
Where are the Company's books and records
Street Address
City
State
zip
Resort Water Company, INC.
tut9/7998
Minnesota
165 Village Lane, Suite A.
Sandpoint
Idaho
83864
corporation
Schweitzer mountain-a portion of township
58N2W section 20 Bonner County
11
L2
Yes
Name
kept?
165 Village Lane, Suite A.
Phone No.
13 Were any water systems acquired during the year or any additions/deletions made
to the service area during the year? No
Sandpoint
Thomas Trulock 208-255-3046
Debra A. Harper 208-255-3042
Third party
Thomas Trulock 208-25s-3046
Debra A. Harper 208-255-3042
l4
Id
83854
NAME:Resort Water Company, INC.
COMPANY INFORMATION (Cont.)
15 Is the system operated or maintained under a
16 If yes: With whom is the contract?
For the Year Ended
service contract? NO
2015
When does the contract expire?
What services and rates are included?
L7 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 Department of Environmental Quality?
If yes, attach full explanation
20 Has the Idaho Department of Environmental Quality
recommended any improvements?
If yes, attach full explanation
21. Number of Complaints received during year con(
Quality of Service
High Bills
Disconnection
22
23
Number of Customers involuntarily disconnectec
Date customers last received a copy of the Summary
of Rules required by IDAPA 3t.2t.0t.7oL? 2/L/2015
Attach a copy of the summary
24 Did significant additions or retirements from the
Plant Accounts occur during the year? None
No
0
0
Gallons/CCF $Amount
If yes, attach full explanation and an updated system map
NAME:
REVENUE & EXPENSE DETAIL
SUB ACCT
Resort Water Company, INC.
DESCRIPTION
For the Year Ended 2015
9
10
11
1
2
3
4
5
6
7
8
460
461.t
46t.2
462
464
465
466
400
t2 601.1-6
13 601.7
t4 601.8
15 603
16 604
t7 610
18 615-16
19 618
20 620.1-6
21 620.7-8
22 63r-34
23 635
24 536
25 641-42
26 650
27 656-59
28 660
29 666
30 66731 67032 67s
33
x DEQ Fees Billed separately to customers
xx Hookup or Connection Fees Collected
xx xCommission Approved Surcharges Collected
4OO REVENUES
Unmetered Water Revenue
Metered Sales - Residential
Metered Sales - Commercial, Industrial
Fire Protection Revenue
Other Water Sales Revenue
Irrigation Sales Revenue
Sales for Resale
Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4,line 1)
401 OPEMTING EXPENSES
Labor - Operation & Maintenance
Labor - Customer Accounts
Labor - Administrative & General
Salaries, Officers & Directors
Employee Pensions & Benefits
Purchased Water
Purchased Power & Fuel for Power
Chemicals
Materials & Supplies - Operation & Maint.
Materials & Supplies - Administrative & General
Contract Services - Professional
Contract Services - Water Testing
Contract Services - Other
Rentals - Property & Equipment
Transportation Expense
Insurance
Advertising
Rate Case Expense (Amortization)
Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Miscellaneous
233376.67
Booked to Acct #
Booked to Acct #
Booked to Acct #
36306.95
6351.04
6351.04
27654.48
5981.65
1986.1
2s27.32
15981.16
621.29
t7479.54
3000.48
8s0
693 1.5 1
5042.78
-3
832.47
233316.67
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, lin 131894.81
1
2
NAME: Resort Water Company, INC.
INCOME STATEMENT
SUB ACCT DESCRIPTION
For the Year Ended 2015
Revenue (From Page 3, line B)233316.67
Operating Expenses (From Page 3, line 33) 131894.81
3 403 Depreciation Expense
4 406 Amortization, Utility Plant Aquisition Adj.
5 407 Amoftization Exp. - Other
6 408.10 Regulatory Fees (PUC)
7 408.1t Property Taxes
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list) DEQ Fees 560
9B
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes
12 410.10 Provision for Deferred Income Tax - Federal
13 410.11 Provision for Deferred Income Tax - State
74 41,1 Provision for Deferred Utility Income Tax Credits
15 472 Investment Tax Credits - Utility
16 Total Expenses from operations before interest (add lines 2-15) 188051.68
t7 4L3 Income From Utility Plant Leased to Others
18 4t4 Gains (Losses) From Disposition of Utility Plant
19 Net Operating Income (Add lines 1, 17 &18 less line 16) 45264.99
20 4LS Revenues, Merchandizing Jobbing and Contract Work
21 476 Expenses, Merchandizing, Jobbing & Contracts22 479 Interest & Dividend Income
23 420 Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility Income
25 426 Miscellaneous Non-Utility Expense26 408.20 Other Taxes, Non-Utility Operations
27 409-20 Income Taxes, Non-Utility Operations
28 Net Non-Utility Income (Add lines 20,22,23 & 24 less lines 21,25,26, &27)
29 Gross Income (add lines 19 & 28)
30 427.3 Interest Exp. on Long-Term Debt
31 427.5 Other Interest Charges
32 NET INCOME (Line 29 less lines 30 & 31), (Also Enter on Pg 9, Line 2)
26283.64
563,85
81s9.92
6388.46
1420t
45264.99
45264.99
NAME: Resort Water Company, INC.
ACCOUNT 101 PI.ANT IN SERVICE DETAIL
SUB ACCT DESCRIPTION
Balance
Beginning
of Year
202297.82
1035599.49
20954.5t
16613.01
3941.91
774t.65
For the Year Ended
Added
During
Year
2015
Removed Balance
During End of
Year Year
1
2
3
4
7
I
9
10
11
72
13
t4
15
16
77
18
19
20
2t
22
23
24
25
26
27
28
29
301
302
303
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
341
342
343
344
345
346
347
348
Organization
Franchises and Consents
Land & Land Rights
Structures and Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Eq u ipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
5
6
TOTAL PI-ANT IN SERVICE L287L42.39
(Add lines 1 - 28) Enter beginning & end year totals on Pg 7, Line 1
NAME:Resort Water Company, INC.
ACCUMU I.ATED DEPRECIATION ACCOU NT 108. 1 DETAIL
SUB ACCT DESCRIPTION
For the Year Ended
Depreciation Balance
Rate Beginning
2015
of Year
Balance
End of
Year
Increase
or
(Decrease
1
2
3
4
5
6
7
8
9
10
11
t2
13
74
15
16
L7
18
19
20
27
22
23
24
25
26
304
305
306
307
308
309
310
311
320
330
331
333
334
33s
336
339
340
341
342
343
344
345
346
Structures and Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Tra nsportation 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)
2o/o & 2.5o/o
347
348
Enter beginning & end of year totals on Pg 7 , Line 7
NAME: Resort Water Company, INC.
BAI.ANCE SHEET
ASSETS
SUB ACCT DESCRIPTION
For the Year Ended
Balance Balance
Beginning End of
2015
Increase
or
1
2
3
4
5
6
7
B
9
10
11
t2
13
L4
15
16
t7
18
19
20
27
22
23
24
25
26
27
28
29
30
31
UB ACCT DESCRIPTION of Year Year Decrease
101 Utility Plant in Service (From Pg 5, Line 29) 1287742.4
702 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
tt4 Utility Plant Aquisition Adjustment
,r*r^r"Subtotal (Add Lines 1 - 5)
108.1 Accumulated Depreciation (From Pg 6, Line 26) 301096.83
108.2 Accum, Depr. - Utility Plant Lease to Others
108.3 Accum. Depr. - Propefty Held for Future Use
110.1 Accum. Amort. - Utility Plant in Service
110.2 Accum. Amort. - Utility Plant Lease to Others
115 Accumulated Amoftization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 72) 986045.56
723 Investment in Subsidiaries
L25 Other Investments _
Total Investments (Add lines 14 & 15) 0
131 Cash
135 Short Term Investments
L4L Accts/Notes Receivable - Customers ,rt-t"
L42 Other Receivables
745 Receivables from Associated Companies
151 Materials & Supplies Inventory
L62 Prepaid Expenses
773 Unbilled (Accrued) Utility Revenue
743 Provision for Uncollectable Accounts
Total Current (Add lines 17 - 24, less line 25) 16545.4
181 Unamortized Debt Discount & Expense
183 Preliminary Survey & Investigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30) lOOrSrl
1287742.39 0
0
0
0
0
7287142.39 0
327380.47 26283.64
0
0
0
0
0
95976L.92 -26283.64
0
0
0 0
0
0
24976 8430.6
0
0
0
0
0
0
24976 8430.6
0
0
0
0
984737.92 - 1 7853.04
NAME:Resort Water Company, INC.
BAI.ANCE SHEET
SUB ACCT
UABIUTIES & CAPITAL
DESCRIPTION
201-3 Common Stock
204-6 Preferred Stock
207 -t3 Miscellaneous Capital Accounts
274 Appropriated Retained Earnings
215 Unappropriated Retained Earnings
216 Reacquired Capital Stock218 Proprietary Capital
Total Equity Capital (Add Lines 7-5+7 less line 6)
221-2 Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
23L Accounts Payable
232 Notes Payable
233 Accounts Payable - Associated Companies
235 Customer Deposits (Refundable)
236.Ll Accrued Other Taxes Payable
236.12 Accrued Income Taxes Payable
236.2 Accrued Taxes - Non-Utility
237-40 Accrued Debt, Interest & Dividends Payable
241 Misc. Current & Accrued Liabilities
25L Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities
255.1 Accumulated Investment Tax Credits - Utility
255.2 Accum. Investment Tax Credits - Non-Utility
267-5 Operating Reserves
277 Contributions in Aid of Construction
272 Accum. Amort. of Contrib. in Aid of Const. *x
281-3 Accumulated Deferred Income Taxes
Total Liabilities (Add lines 9 - 29)
TOTAL UABIUTIES & CAPITAL ( Add lines 8 & 30)
** Only if Commission Approved
1
2
3
4
5
6
7
8
9
10
11
t2
13
t4
15
16
77
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
For the Year Ended
Balance
Beginning
of Year
433926.46
433926.46
t232.LL
t232.LL
2015
Balance Increase
End of or
Year (Decrease)
435158.57
NAME: Resort Water Company, INC.
STATEMENT OF RETAINED EARNINGS
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year Income (From
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
7 Description (Class, Par Value etc.)
DETAIL OF LONG-TERM DEBT
For the Year Ended 2015
Pg 4, Line 32)
Interest
Rate
Year-end
Balance
422855.22
45264.99
468120.27
Interest
Paid
Interest
Accrued
No. Shares No. Shares Dividends
Resort Water CompanY, INC.
SYSTEM ENGINEERING DATA
1 Provide an updated system map
2 Water Supply:
Pump tion or location
Well #4
Well #5
Well #6
TOTALS
3 System Storage:
nation or Location
Reservoir #1
Reservoir #2
Reservoir #3
For the Year Ended
if significant changes have been made to the system during the year.
Rated
Capacity
(spm)
Total
Capacity
000's
Type of
Treatment:
None, Chlorinr
Fluoride
Filter etc.)
Annual
Production
(000's Gal.)
2015
Water
Supply
Source
(Well, Spring,
Surface Wtr)
Usable
Capacity
000's
Type of
Reservoir Construction
(Elevated (Wood,
Pressurized Steel
Boosted) Concrete)
60 CL2 Soda Ast 4,299,300 Well
150 CL2 Soda Ast 8,226,t00 Well
70 CL2 Soda Ast 6,331,100 Well
18856500
Resort Water Company, INC.
SYSTEM ENGINEERING DATA Continued
4 Pump information for ALL system pumps/
For the Year
including wells and boosters.
Rated Rated
Horse power Capacity
Ended 2015
Discharge Energy used
Pressure this Year
19,017,942
2,232,O52
252,352
N/A
yes
Class 5
N/A
N/A
Designation or Location &of Pump*x (hp)(spm)(psi)(Kwh)
Well #4
Well #5
Well #6
If Wells are metered:
What was the total amount pumped this year? 000's gal,
What was the total amount pumped during peak month? 000's gal. January -
What was the total amount pumped on the peak day? gal. t7/30/2015
If customers are metered, what was the total amount sold in peak month? 000's gal.
Was your system designed to supply fire flows?
If 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 anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!New Well *x*
11 In what year do you anticipate that the system capacity (supply, storage or distribution)
6
7
0
37
Yes
60,000.00
unknown
5HP 60
5HP 150
2HP 70
will have to be expanded?
NAME:Resort Water Company, INC.
SYSTEM ENGINEERING DATA CONtiNUCd
FEET OF MAINS
For the Year Ended
In Use Installed
Beginning During
Of Year Year
2015
Abandoned In Use
During End of
Year Year
CUSTOMER STATISTICS
2 Metered:
2A Residential
28 Commercial
2C Industrial
3 Flat Rate:
3A Residential
38 Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
TOTALS (Add lines 2 through 8)
25,457 Ff .
Number of Customers Thousands of Gallons Sold
CERTIFICATE
State of Idaho
County of
)ss
WE, the undersigned Thomas Trulock
and_ Rod Engel
of the_ Resort Water Company, Inc.
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.
(Chief Officer)
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
this_day of
NOTARY PUBLIC
My Commission Expires _LO/7/20L8
CERTIFICATE
State of Idaho
County of
)ss
WE, the undersigned Thomas Trulock
and_ Rod Engel
of the_ Resort Water Company, Inc.
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.
(Chief Officer)
Subscribed and Sworn to Before Me
DEBRA A. HABPER
Notary Public
statc 0l ldaho
(Officer in Charge of Accounts)
My Commission Expires _LO/7/2OL8
gd k/excelfi nelson/a nu I rpts/wtra n nua lrpt
Schweitzer Utility Company LLC
165 Village Lane, Suite A
Sandpoint, lD 83864
Schweitzer Mountain Properties
10000 Schweitzer Mt. Road
Sandpoint, ldaho 83864
Schweitzer Mountain Ski Operations LLC
10000 Schweitzer Mt. Road
Sandpoint, ldaho 83864
Schweitzer Mountain LLC
10000 Schweitzer Mt. Road
Sandpoint, ldaho 83864
Schweitzer Mountain Facilities LLC
10000 Schweitzer Mt. Road
Sandpoint, ldaho 83864
Services Provided
This company provides sewer, main road snowplowing as well as parking lots and
cable TV services to Schweitzer Mountain. All employees who do work for the
Company are employees of this company. The Company is operated from the offices
of the Schweitzer Utility Company, and costs in common are allocated between the 4
operations (sewer, water, cable TV and roads).
LLC This company owns the land that the Company operates it's wells and reservoirs on.
This company provides the company's offices, office phones, tech services, human
resources services and the CFO oversees the finances of the Company.
This is the Parent Company
This company owns land and does not provide a service to the Company.
MOUNTAIN UTILITY COMPANY
WATER - WASTEWATER - CABLE TV - ROADS
1 -Feb-1 5
To Our Customers:
This is a summary of the rules for deposit and termination of service for all Resort Water Company customers as determined by the ldaho Public
Commission (IPUC). These rules cover the rights and responsibilities of the customer and the utility. An explanation of our rate schedule has al
been included.
Questions concerning this information may be directed to:
Resort Water Company
165 Village Lane , Suite A
Sandpoint, ldaho 83864
[phone]
or
IPUC
Consumer Assistance
Post Office Box 83720
Boise, ldaho 837 20-007 4
[phone]
1 -800-432-0369
Rate Schedule lnformation
Most Resort Water Company customers are billed under the following flat rate schedule. However, some customers may be billed under other s
tariffs. Please call the Resort Water Company if there are any questions about the rate used for your billing.
General Flat Rate Service
Resort Water Company bills each current customer each month. The bill is a flat rate of $44.80 per Equivalent Residential Unit (ERU).
Miscellaneous Charges
Resort Water Company believes that the cost of providing special services should be borne by those customers responsible for incurring the cos
handling of returned checks, accounts that are disconnected for non-payment and after hour service are some examples of special services.
These miscellaneous charges are as follows:e Returned checks will be assessed a $15.00 handling fee.
. Reconnection of service due to termination for non-payment if the service is interrupted for less than 30 days is $20.00 during
normal business hours and $60.00 if after hours.
. Reconnection of service due to any reason if the service is interrupted for greater than 30 days can be calculated based on the ta
charged for four months during normal business hours and can be calculated based on the tariff charged for four months plus
$60.00 if after business hours.
o Field collection trip charge is $15.00
ln most cases, these fees must be paid prior to service being granted or restored.
Deposits/Payment Guarantees
The IPUC service rules allow utilities to ask for deposits or payment guarantees under specific conditions. At this time, Resort Water Company r
require deposits or payment guarantees.
Rules for Termination of Service
Termination with Prior Notice
With proper customer notification, Resort Water Company may deny or terminate water service for one of the following reasons:1. Nonpayment of a past due billing, payment of a past due billing with any check not honored by the bank, or insufficient funds on
an electronic payment;
2. Failure to abide by the terms of a payment arrangement;
3. Obtaining service by misrepresentation of identity;
4. Willfully wasting service through improper equipment or otherwise;
5. Failure to apply for service.
Termination without Prior Notice
Resort Water Company may deny or terminate water service without prior notice for one of the following reasons:
1. A situation exists that is immediately dangerous to life, physical safety or property;
2. To prevent a vlolation of federal, state or local safety or health codes;
3. Service is obtained, diverted or used without the authorization of Resort Water Company;
4. Resort Water Company has diligently attempted to notify the customer of termination and has been unable to make contact;
5. lf ordered by any cou(, the Commission, or any other duly authorized public authority.
Notification
1.
2.
3.
4.
5.
A billing may be considered past due fifteen (15) days after the billing date. A written notice of termination must be mailed at leas'
seven (7) days before the proposed termination date.
At least twenty-four (24) hours before the service is terminated, another attempt shall be made to contact the customer in person r
by telephone
lf service is terminated, a notice will be left at the property advising the customer of the necessary steps to have service restored.
Only a twenty-tour (24) hour notice is required if:
The initial payment of a payment arrangement is not made or the initial payment is made with a check not honored by the bank;
Payment is made by check to a company representative at the premises to prevent termination and the check is not honored by tt
Additional Notice
lf service is not terminated within twenty-one (21) calendar days after the proposed termination date, Resort Water will begin the notice process i
with the seven (7) day written notice.
Payment Arrangements and Special Circumstances
lf the customer cannot pay the billing in full or receives a notice of termination, payment arrangements can be made to avoid termination of servi,
Please call the Resort Water Company at [phone]
lf the customer cannot pay the billing and a member of the household is seriously ill or there is a medical emergency, Resort Water will postpone
termination of service for thirty (30) days. A written certificate is required from a licensed physician or public health official stating the name of tl
person who is ill and the name, title, and signature of the person certifying the serious illness or medical emergency.
Restriction on Termination of Service
Service cannot be terminated if:'1. The past due billing is less than $50.00 or two (2) months of service, whichever is less;
2. The unpaid billing is for service to another customer;
3. The billing is for charges other than water service.
Service cannot be disconnected on Friday after 2:00pm, on Saturday, Sunday, legal holidays recognized by the state of ldaho, or after 2:00 pm c
day immediately preceding any legal holiday. Service may be terminated only between the hours of 8:00 am and 4:00 pm.
The employee sent to the premises to terminate service will identify himself/herself to the customer and state the purpose of the visit. This emph
authorized to accept payment in full on the account.
lf service is terminated for any one of the conditions listed, Resort Water has employees available for reconnection as soon as the situation is co
Complaint Procedure
lf at any time there is a complaint concerning termination of service, policies and practices, or any other matter regarding our service, please cor
Resort Water in person, by telephone or in writing. The complaint will be investigated promptly and thoroughly. The customer will be notified or
writing of the results of the investigation, and we will make every effort to resolve the complaint.
lf the customer is dissatisfied with the proposed resolution of the complaint, the IPUC may be asked to review the matter. The service will not be
disconnected while the complaint is being investigated by the utility or the IPUC.