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Home My WebLink About2005Annual report.pdf"'~'p' LCIVEO '1--1 !\i'iS:f! ANNU .t4 RE'PO m.J"'iiU i' ~ , ../:1 .II "!J..L(i'/ES COl'H'SSIO(J gp~-W ADDRESS TO THE IDAHO PUBLIC UTiliTIES COMMISSION FOR THE YEAR ENDED loj?d )05 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 10/31/2005 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 COMPANY INFORMATION SPIRIT LAKE EAST WATER COMPANY 4/1/1982 IDAHO 15807 E. INDIANA AVE. SPOKANE VALLEY 99216 CORP SPIRIT LAKE EAST AND TREEPORT DEVELOPMENTS KOOTENAI AND BOONER COUNTY 11 Are there any affiliated companies? HANSON INDUSTRIES , INC. If yes , attach a list with names, addresses & descriptions. Explain any services provided to the utility. 12 Contact Information President (Owner) Vice President Secretary General Manager Complaints or Billing Engineering Emergency Service Accounting 13 Were any water systems acquired during the year or any additions/deletions madeto 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 15807 E INDIANA AVECity SPOKANE VALLEYState Zip Rev 3/02 Name Phone No. RAYMOND A HANSON 509-922-5252 ROBERT BOYLE 509-922-5252 ROXANN MIDDLETON 509-922-5252 JIM KRUGER 509-868-5929 ROXANN MIDDLETON 509-922-5252 99216 Page 1 NAME: SPIRIT LAKE EAST WATER COMPANY COMPANY INFORMATION (Cont.) For the Year Ended 10/31/2005 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 Rev 3/02 Page 2 Gallons/CCF $Amount Yes Yes 2 or 3 4 or 5 None None Beginning of service NAME: SPIRIT LAKE EAST WATER COMPANY REVENUE & EXPENSE DETAIL For the Year Ended 10/31/2005 DESCRIPTION 400 REVENUES ACCT # 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) * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected 460 461. 461. 462 464 465 466 400 47903 18000 65903 Booked to Acct # 18000 Booked to Acct # Booked to Acct # 401 OPERATING EXPENSES 12 601.6 Labor - Operation & Maintenance 13 601.Labor - Customer Accounts 14 601.Labor - Administrative & General 15 603 Salaries, Officers & Directors 16 604 Employee Pensions & Benefits 17 610 Purchased Water 18 615-16 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.6 Materials & Supplies - Operation & Maint. 21 620.8 Materials & Supplies - Administrative & General 22 631-34 Contract Services - Professional 23 635 Contract Services - Water Testing 24 636 Contract Services - Other 25 641-42 Rentals - Property & Equipment 26 650 Transportation Expense 27 656-59 Insurance 28 660 Advertising 29 666 Rate Case Expense (Amortization) 30 667 Regulatory Comm. Exp. (Other except taxes) 31 670 Bad Debt Expense 32 675 Miscellaneous 33 Total Operating Expenses (Add lines 12 .32, also enter on Pg 4, line 2) 1538 988 4200 16570 694 41389 16557 245 3121 Rev 3/02 Page 3 714 86016 Name: SPIRIT LAKE EAST WATER COMPANY ACCT # INCOME STATEMENT For Year Ended 10/31/2005 DESCRIPTION 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- Rev 3/02 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) 86016 8492 DEQ Fees 1842 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 Forgiveness of Debt by Affilitated Companies 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 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) Page 4 65903 162 291 96833 30930 370000 370000 339070 Name: SPIRIT LAKE EAST WATER COMPANY ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 10/31/2005 SUB ACCT # Balance Beginning of Year Added During YearDESCRIPTION Removed During Year Balance End of Year 301 Organization 302 Franchises and Consents 303 Land & Land Rights 304 Structures and Improvements 8405 8405 305 Collecting & Impounding Reservoirs 77073 77073 306 Lake, River & Other Intakes 307 Wells 30132 30132 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 92445 92445 320 Purification Systems 796 796 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 512537 512537 333 Services 71097 71097 334 Meters and Meter Installations 13918 13918 335 Hydrants 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 625 525 341 Transportation Equipment 5001 5001 342 Stores Equipment 343 Tools, Shop and Garage Equipment 344 Laboratory Equipment 345 Power Operated Equipment 346 Communications Equipment 1951 1951 347 Miscellaneous Equipment 639 639 348 Other Tangible Property 22451 3061 25512 834483 5651 840031 TOTAL PLANT IN SERVICE (Add lines 1 - 28)Enter beginning & end of year totals on Pg 7, Line 1 Rev 3/02 Page 5 Name: SPIRIT LAKE EAST WATER COMPANY ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL For Year Ended 10/31/2005 SUB Depreciation Rate Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 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 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 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)727761 8492 736253 Enter beginning & end of year totals on Pg 7, Line 7 Rev 3/02 Page 6 Name: SPIRIT LAKE EAST WATER COMPANY BALANCE SHEET For Year Ended 10/31/2005 ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 101 Utility Plant in Service (From Pg 5, Line 29)834483 840134 5651 102 Utility Plant Leased to Others 103 Plant Held for Future Use 105 Construction Work in Progress 114 Utility Plant Aquisition Adjustment Subtotal (Add Lines 1 - 5)834483 840134 5651 108.Accumulated Depreciation (From Pg 6, Line 26)727761 736253 8492 108.Accum. Depr. - Utility Plant Lease to Others 108.Accum. Depr. - Property Held for Future Use 110.Accum. Amort. - Utility Plant in Service 110.Accum. Amort. - Utility Plant Lease to Others 115 Accumulated Amortization - Aquisition Adj. Net Utility Plant (Line 6 less lines 7 - 12)106722 103881 2841 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 135 Short Term Investments 141 Accts/Notes Receivable - Customers 13439 9748 3691 142 Other Receivables 145 Receivables from Associated Companies 151 Materials & Supplies Inventory 3055 3055 162 Prepaid Expenses 173 Unbilled (Accrued) Utility Revenue 143 Provision for Uncollectable Accounts Total Current (Add lines 17 -24 less line 25) 181 Unamortized Debt Discount & Expense 183 Preliminary Survey & Investigation Charges 184 Deferred Rate Case Expenses 186 Other Deferred Charges (Work in Progress)23828 23828 Total Assets (Add lines 13, 16 & 26.30)120161 140512 20351 Rev 3/02 Page 7 Name: SPIRIT LAKE EAST WATER COMPANY BALANCE SHEET For Year Ended 10/31/2005 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 201-Common Stock 296434 296434 204-Preferred Stock 207-Miscellaneous Capital Accounts 214 Appropriated Retained Earnings 721403 382332 339071 215 Unappropriated Retained Earnings 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6)-424969 85898 339071 221-Bonds 223 Advances from Associated Companies 224 Other Long - Term Debt 231 Accounts Payable 232 Notes Payable 233 Accounts Payable - Associated Companies 235 Customer Deposits (Refundable) 236.Accrued Other Taxes Payable 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 475080 156361 318719 255.Accumulated Investment Tax Credits - Utility 255.Accum. Investment Tax Credits - Non-Utility 261-Operating Reserves 271 Contributions in Aid of Construction 70050 70050 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)120161 140513 20352 ** Only if Commission Approved Rev 3/02 Page 8 Name: SPIRIT LAKE EAST WATER COMPANY STATEMENT OF RETAINED EARNINGS For Year Ended 10/31/2005 Retained Earnings Balance em 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 em End of Year 721403 339070 382333 CAPITAL STOCK DETAIL No, Shares Description (Class, Par Value etc. Common Stock A th . d No. Shares 0 t t Dividends P 'u onze u s an InQ 500 4950 DETAIL OF LONG- TERM DEBT Description Rate a ance ccrue Interest Rev 3/02 Page 9 Year-end B I InterestInterest P ' Name: SPIRIT LAKE EAST WATER COMPANY SYSTEM ENGINEERING DATA For Year Ended 10/31/2005 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 Designation or location (gpm)Filter etc.(OOO's Gal.)Surface Wtr) Well Site 500 Cholrine 20000 Well System Storage: Total Capacity OOO' Usable Capacity OOO' Type of Reservoir Construction (Elevated,Pres- (Wood, Steel Storaqe Desiqnation or Location Gal.Gal.urized, Boosted'Concrete) Well Site 200 370 Boosted Concrete) (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 3/02 Page 10 Name: SPIRIT LAKE EAST WATER COMPANY SYSTEM ENGINEERING DATA (continued) For Year Ended 10/31/2005 Pump information for ALL system pumps, including wells and boosters. Designation or Location Rated Capacity Energy UsedHorse Discharge Pressure & Type of Pump Power (qpm)(psi)This Year Well Site - Submersible 100 500 600 Well Site - Booster (2)0-45 Well Site - Booster (3)25-45 ** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year. Attach additional sheets if inadequate space is available on this page. If 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? If customers are metered, what was the total amount sold in peak month? 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?March - July - September 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! 11 In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded? Rev 3/02 Page 11 Name: SPIRIT LAKE EAST WATER COMPANY SYSTEM ENGINEERING DATA (continued) For Year Ended 10/31/2005 In Use Beginning Of Year Pipe Size FEET OF MAINS Installed During Year Abandoned During Year In Use End of Year 603 603 2791 2791 58564 58564 36944 36944 4401 4401 2400 2400 Metered Active Residential Inactive Commerical Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal, Other Other Water Utilities TOTALS (Add lines 2 through 8) Rev 3/02 CUSTOMER STATISTICS Number of Customers Thousands of Gallons Sold This Last This Last Year Year Year Year 285 273 305 293 Page 12 CERTIFICATE State of Washington ) ss County of Spokane , the undersigned and Roxann Middleton of the Spirit Lake East Water Company 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. Robert J. Boyle this ;? /P day of A? r, ' ,~. ~~L NOTARY PUB IC t)O """"'"""""~ ~,~;a" J. fIi ,. , ~~ """" l:. i!' "~\'\ON i~.d\'\ ... '!it(8 ~OTARI' c;.\ --- . =\. PUBL\t ~...~ ..r0, ~~;.;:. ~r 01, 7;f:-""""~~ ~ .. .. '....." ~~~",, '" WA'~ ~\\"""'"m,,""'\ . Subscribed and Sworn to Before Me My Commission Expires Mo.\. ;) ovq gd kIexceUj net sonlanu I rptslwtrannualrpt Rev 3/02 Page 13