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HomeMy WebLinkAbout2016Annual Report.pdfRES-U/ At{lYLrAL REPORT i::i (^) }ft ( .,'r- U OF RESORT WATER COMPANY NAME 165 Village Lane, Suite A Sandpoint, lD 83864 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2016 rlrii .r Ltr} t_).' ra-- (:n titr' 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 72 Contact Information President (Owner) Vice President Secretary General Manager/Director Complaints or Billing Engineering Emergency Service Accounting ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTIUTIES COMMISSION FORTHE YEAR ENDING 2076 Resort Water Company , INC ruTe/t998 Minnesota 165 Village Lane, Suite A. Sandpoint Idaho 83864 corporation Schweitzer mountain-a portion of township 58N2W section 20 Bonner County 11 Are there any affiliated companies? (yes or no) Yes Name Phone No Thomas Trulock Debra A. Harper Third Thomas Trulock Debra A. Harper Were any water systems acquired during the year or any additions/deletions made to the service area during the year? No 13 t4 Where are the Company's books and records kept? Street Address 165 Villa City Sandpoint State Lane 208-2ss-3046 208-2ss-3042 208-2ss-3045 208-255-3042 Zip Id 83864 Suite A. NAME: Resort Water Company, INC. COMPANY INFORMATION (Cont.) For the Year Ended 15 Is the system operated or maintained under a service contract? NO 16 If yes: With whom is the contract? When does the contract expire? What services and rates are included? 77 Is water purchased for resale through the system? 18 If yes: Name of Organization Name of owner or operator Mailing Address City State zip Gallons/CCF $Amount Water Purchased 19 Has any system(s) been disapproved by the Idaho Department of Environmental Quality? No If yes, attach full explanation 20 Has the Idaho Department of Environmental Quality recommended any improvements? If yes, attach full explanation 2l Number of Complaints received during year conr Quality of Service High Bills Disconnection 22 Number of Customers involuntarily disconnectec 23 Date customers last received a copy of the Summary of Rules required by IDAPA 37.2L.OL.7OL? 2/l/2016 Attach a copy of the Summary 24 Did significant additions or retirements from the Plant Accounts occur during the year? None 2016 0 0 0 0 0 If yes, attach full explanation and an updated system map NAME Resort Water Company, INC. REVENUE & EXPENSE DETAIL SUB ACCT DESCRIPTION For the Year Ended 2076 1 2 3 4 5 6 7 8 460 461.t 467.2 462 464 465 466 400 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) 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 236267.6s Booked to Acct # Booked to Acct # Booked to Acct # 33466.15 6351.04 635 1.04 27654.48 BO77.69 2745.33 2666.9r 14397.02 807.61 5300. 1 1 236267.6s 9 10 11 (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers xx Hookup or Connection Fees Collected xx xcommission Approved Su rcharges Collected 401 OPERATING EXPENSES t2 13 l4 15 16 77 1B 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 601.1-6 607.7 601.8 603 604 610 615-16 618 620.7-6 620.7-8 631-34 635 636 64L-42 650 656-59 660 666 667 670 675 2293.96 497.56 7367.92 4980.06 0 0 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, lin 122950.88 NAME: Resort Water Company, INC INCOME STATEMENT SUB ACCT DESCRIPTION For the Year Ended 2016 1 2 3 4 5 6 7 8 9A 9B 9C 9D 10 11 L2 13 74 15 16 l7 18 19 20 27 22 23 24 25 26 27 2B 29 30 31 32 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) DEQ Fees 236267.65 122950.88 403 406 407 408.10 408. 1 1 408.12 408.13 409.10 409. 1 1 410.10 410.1 1 4tt 412 473 474 475 416 41.9 420 421 426 408.20 409-20 427.3 427.5 26304 0 6836.8 6964.59 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 20885.38 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 0 929 184870.65 51397 0Net Non-Utility Income (Add lines 20,22,23 & 24 less lines 21,25,26, &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) 5L397 5L397 NAME: Resort Water Company, INC ACCOUNT 101 PI.ANT IN SERVICE DETAIL SUB ACCT DESCRIPTION Balance Beginning of Year 202291.82 103ss99.49 20954.51 16613.01 3941.91 7741.65 L287L42.39 For the Year Ended Added Removed During During Year Year 2016 Balance End of Year 1 2 3 4 5 6 7 8 9 10 11 t2 13 L4 15 16 77 1B 19 20 2t 22 23 24 25 26 27 28 301 302 303 304 30s 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 Equipment Stores Equipment Tools, Shop and Garage Equipment Laboratory Equipment Power Operated Equipment Communications Equipment Miscellaneous Equipment Other Tangible Property TOTAL PI.ANT IN SERVICE (Add lines 1 - 28) Enter beginning & 0 0 0 0 202291.82 1035599.5 0 0 0 20954.51 0 0 16613.01 0 0 0 0 3941.91 0 0 0 7747.65 0 0 0 0 0 0 0 0 0 0 L287142.429 year son ne NAME: Resort Water CompanY, INC. ACCU M U I.ATED DEPRECIATION ACCOUNT 1 08. 1 DETAIL SUB ACCT DESCRIPTION L 3O4 Structures and ImProvements 2 305 Collecting & Impounding Reservoirs 3 306 Lake, River & Other Intakes 4 307 Wells 5 308 Infiltration Galleries & Tunnels 6 309 Supply Mains 7 370 Power Generation Equipment 8 311 Power Pumping Equipment 9 320 Purification Systems 10 330 Distribution Reservoirs & Standpipes 11 331 Trans. & Distrib. Mains & Accessories 72 333 Services 13 334 Meters and Meter Installations L4 335 Hydrants 15 336 Backflow Prevention Devices 16 339 Other Plant & Misc. Equipment 17 340 Office Furniture and Equipment 18 341 Transportation EquiPment 19 342 Stores Equipment 20 343 Tools, Shop and Garage Equipment 2L 344 Laboratory Equipment 22 345 Power Operated Equipment 23 346 Communications Equipment 24 347 Miscellaneous Equipment 25 348 Other Tangible Property 26 TOTALS (Add Lines 1 - 25) Enter beginning & end of year totals on Pg 7, Line 7 Depreciation Rate o/o 2o/o 2o/o & 2.54/o 2o/o 4o/o 2o/o For the Year Ended Balance Balance Beginning End of of Year Year 2016 Increase or Decrease 6064s.79 64195.83 3550.04 248736.23 270307.47 27571.24 0 0 0 6666.17 7085.3 1 4L9.t4 0 0 10078.s9 10743.07 664.48 0 0 0 0 t352.52 98.831253.69 0 0 0 0 0 0 0 0 0 0 0 26303.73327380.47 353684.2 NAME: Resort Water Company, INC BAI.ANCE SHEET ASSETS SUB ACCT 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 - 1,2) Investment in Subsidiaries Other Investments 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 Provislon 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) For the Year Ended Balance Balance Beginning End of of Year Year 7287142.4 7287L42.4 327380.47 95976t.92 24976 24976 984737.92 2016 Increase or Decrease) 1 2 3 4 5 6 7 8 9 10 11 L2 13 74 15 16 t7 18 19 20 2t 22 23 24 25 26 27 28 29 30 31 101 LO2 103 105 7t4 108.1 108.2 108.3 1 10.1 110.2 115 t23 725 131 135 747 742 745 151 t62 773 143 181 183 1.84 186 0 t287142.39 0 0 0 0 0 7287L42.39 0 3s3684.2 26303.73 0 0 0 0 0 933458.19 -26303.73 0 0 0 0 0 0 39152.38 t4776.38 0 0 0 0 0 0 391s2.38 14t76.38 0 0 0 0 9726L0.57 -12727.35 NAME: Resort Water Company, INC BAI.ANCE SHEET SUB ACCT LIABIUTIES & 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 7-5+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 Income Taxes Payable Accrued Taxes - Non-Utility Accrued Debt, Interest & Dividends Payable Misc. Current & Accrued Liabilities Unamortized Debt Premium Advances for Construction Other Deferred Liabilities Accumulated Investment Tax Credits - Utility Accum. Investment Tax Credits - Non-Utility Operating Reserves Contributions in Aid of Construction Accum. Amort. of Contrib. in Aid of Const. xx Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29) TOTAL UABIUTIES & CAPITAL ( Add lines I & 30) x* Only if Commission Approved For the Year Ended Balance Balance Beginning End of of Year Year 433926.46 433926.46 36486.35 36486.3s 2016 Increase or (Decrease) 1 2 3 4 5 6 7 8 9 10 11 t2 13 L4 15 16 77 18 19 20 2t 22 23 24 25 26 27 28 29 30 31 201-3 204-6 207-t3 21.4 275 276 218 22t-2 223 224 237 232 233 235 236.1 1 236.72 236.2 237-40 247 257 252 2s3 255.7 255.2 261-5 27L 272 281-3 433926.46 433926.46 0 30619.6 -5866.75 30619.6 -5866.75 464546.06 -5866.75470412.8L NAME: Resort Water Company, INC. STATEMENT OF RETAINED EARNINGS 1 Retained Earnings Balance @ Beginning of Year 2 Amount Added from Current Year Income (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 7 Description (Class, Par Value etc.) DETAIL OF LONG-TERM DEBT 8 Desc Interest Rate Totals For the Year Ended 422855.22 5t397 474252.22 No. Shares Authorized No. Shares Outstand 2076 Year-end Balance Interest Paid Dividends Paid Interest Accrued 100 0 0 0 0 NAME:Resort Water Company, INC. SYSTEM ENGINEERING DATA FoT the YeaT Ended 1 Provide an updated system map if significant changes have been made to the system during the year 2 Water Supply: Type of Treatment: Rated None, Chlorinr Annual Capacity Fluoride Production Pump Desi nation or location (spm)Filter etc. )Gal Surface 2076 Water Supply Source (Well, Spring, Construction (Wood, Steel Concrete) Well #4 Well #5 Well #6 TOTALS 3 System Storage Storage nation or Location Reservoir #1 Reservoir #2 Reservoir #3 Total Capacity 000's Gal. Usable Capacity 000's Gal. Type of Reservoir (Elevated Pressurized Boosted) 60 CL2 Soda Ash 4,299,300 Well 150 CL2 Soda Ash 8,226,100 Well 70 CL2 Soda Ash 6,33 1,100 Well 18856500 4s,000.00 45,000.00 concrete 60,000.00 60,000.00 concrete 200,000.00 200,000.00 concrete 5 NAME: Resort Water Company, INC. SYSTEM ENGINEERING DATA Continued For the Year Ended 4 Pump information for ALL system pumps, including wells and boosters. Rated Rated Discharge Horse power Capacity Pressure Designation or Location &of Pum *m 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.December What was the total amount pumped on the peak day? gal. L2/16/20L6 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? 9 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! Enhancing existing well 4 11 In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be exPanded? 2076 Energy used this Year Kwh 15,969,396 2,407,468 155,660 N/A yes Class 5 N/A 6 7 8 N/A 0 367 Ail yes 60,000.00 unknown 5HP 60 5HP 150 2HP 70 NAME: Resort Water Company, INC SYSTEM ENGINEERING DATA Continued FEET OF MAINS 1 Pipe Size 8 plus others CUSTOMER STATISTICS In Use Beginning Of Year For the Year Ended Installed During Year Abandoned During Year 20L6 In Use End of Year Number of Customers Thousands of Gallons Sold 301 742 2 2A 28 2C 3 3A 3B 3C 4 5 6 7 8 Metered: Residential Commercial Ind ustrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal, Other Other Water Utilities TOTALS (Add lines 2 through 8) 25,457 Fr.25,457 FT This Year Last Year This Year Last Year 296 L26 443 422 0 0 CERTIFICATE State of Idaho ) )ss County of ) 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 repoft in respect to each and every matter and thing therin set forth, to the best of our knowledge, information and belief Gu (Chief OfFicer) in Charge of Accounts) subscribed and Sworn to Before Me ; -[f ,.- A l]'Oyf th +D1 is l5' aaY a2/1 NOTARY PUBLIC DEERA A. HARPERnotary public utate o, ,daho My Commission Expires _LO/7/2018- Affiliate Schweitzer Utility Company LLC 165 Village Lane, Suite A Sandpoint, lD 83864 Schweitzer Mountain Properties LLC 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). This company owns the land that the Company operates it's wells and reservoirs on This company provides the company's offices, offlce 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 'l-Feb-15 To Our Customers: This is a summary of the rules for deposit and terminatlon of service for all Resort Water Company customers as determined by the ldaho Public Utilities Commission (IPUC). These rules cover the rights and responsibilities of the customer and the utility. An explanation of our rate schedule has also been included. Questions concerning this information may be directed to: Resort Water Company 165 Village Lane , Suite A Sandpoint, ldaho 83864 (208) 255-3042 or IPUC Consumer Assistance Post Office Box 83720 Boise, ldaho 8372O-OO7 4 (208) 334-0369 1 -800-432-0369 Ratc Schedule lnformation Most Resort Water Company customers are billed under the following flat rate schedule. However, some customers may be billed under other specific 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 costs. The 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:. Returned checks will be assessed a $15.00 handling fee. o Reconnection of service due to terminatlon for non-payment if the service is intenupted 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 tariff 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 speciric conditions. At this time, Resort Water Company does not. 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; Obtaining service by misrepresentation of identity; Willfully wasting service through improper equipment or otherwise; 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:'L A situation exists that is immediately dangerous to life, physical safety or property; 2. To prevent a violation 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 court, the Commission, or any other duly authorized public authority. Notification 1. Abillingmaybeconsideredpastduefifteen(15) daysafterthebillingdate. Awrittennoticeofterminationmustbemailedalleast seven (7) days before the proposed termination date. 2. At least twenty-four (24) hours before the service is terminated, another attempt shall be made to contact the customer in person or . by telephone3. lf service is termlnated, a notice will be left at the property advising the customer of the necessary steps to have service restored. Only a twenty-four (24) hour notice is required if:4. The initial payment of a payment arrangement is not made or the initial payment is made with a check not honored by the bank; 5. Payment is made by check to a company representative at the premises to prevent termination and lhe check is not honored by the bank. Additional Notice lf service is not lerminated within twenty-one (21)calendar days after the proposed termination date, Resort Water will begin the notice process again 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 service. Please call the Resort Water Company at (208) 255-3042 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 the 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 afler 2:00 pm on any 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 himselfiherself to the customer and state the purpose of the visit. This employee is authorized to accept payment in full on the account. lf service is terminated for any one of the condilions listed, Resort Water has employees available for reconnection as soon as the situation is corrected. 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 contact Resort Water in person, by telephone or in writing. The complaint will be investigated promptly and thoroughly. The customer will be notified orally or in 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. 3 4 5