2002Annual Report.pdf

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RECEIVED (E)FILED
ANNUAL
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ADDRESS
TO TH E
IDAHO PUBLIC
UTiliTIES COMMISSION
. FOR THE
YEAR ENDED
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 10/31/02
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
4/1/82
IDAHO
15807 E. INDIANA
SPOKANE
WASHINGTON
99216
CORP
SPIRIT LAKE EAST AND TREEPORT DEVELOPMENTS
KOOTENAI AND BONNER 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.
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
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 15807 E Indiana Ave.
12 Contact Information
President (Owner)
Vice President
City
State
Zip
Rev 3/02
Name Phone No.
RAYMOND A HANSON 509-922-5252
DENNIS A HANSON 509-922-5252
ROXANN MIDDLETON 509-922 -5252
JIM KRUGER 509-922-5252
ROXANN MIDDLETON 509-922-5252
Spokane
99216
Page 1
NAME:SPIRIT LAKE EAST WATER COMPANY
COMPANY INFORMATION (Cont.)
For the Year Ended 10/31/02
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
Gallons/CCF $Amount
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
2 to 3
4 to 5
None
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
None
Beginning of service
Rev 3/02 Page 2
NAME:SPIRIT LAKE EAST WATER COMPANY
REVENUE & EXPENSE DETAIL
ACCT #
For the Year Ended
DESCRIPTION
400 REVENUES
10/31/02
460 Unmetered Water Revenue
461.Metered Sales - Residential 41844
461.Metered Sales - Commercial , Industrial
462 Fire Protection Revenue
464 Other Water Sales Revenue 8450
465 Irrigation Sales Revenue
466 Sales for Resale
400 Total Revenue (Add Lines 1 - 7)50294
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers Booked to Acct #
** Hookup or Connection Fees Collected 8450 Booked to Acct #
***
Commission Approved Surcharges Collected Booked to Acct #
401 OPERATING EXPENSES
601.6 Labor - Operation & Maintenance 6060
601.Labor - Customer Accounts
601.Labor - Administrative & General 3600
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
615-Purchased Power & Fuel for Power 21285
618 Chemicals 924
620.6 Materials & Supplies - Operation & Maint.27412
620.8 Materials & Supplies - Administrative & General 552
631-Contract Services - Professional
635 Contract Services - Water Testing 553
636 Contract Services - Other 205
641-Rentals - Property & Equipment
650 Transportation Expense
656-Insurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous 170
Total Operating Expenses (Add lines 12 - 32 also enter on Pg 4, line 2)60761
Rev 3/02 Page 3
Name:
ACCT #
SPIRIT LAKE EAST WATER COMPANY
INCOME STATEMENT
For Year Ended
DESCRIPTION
10/31/02
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
408.20
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 (PUG)
Property Taxes
Payroll Taxes
Other Taxes (list)
60761
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
50294
117
251
735
61894
11600
11600
11600
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 51700 51700
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 625 625
341 Transportation Equipment 5001 5001
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 22451 22451
TOTAL PLANT IN SERVICE 793738 793738
Name:PIRIT LAKE EAST WATER COMPANY
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 10/31/02
SUB
ACCT #
Balance
Beginning
of Year
Added
During
YearDESCRIPTION
(Add lines 1 - 28)
Removed
During
Year
Balance
End of
Year
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 10/31/02
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
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)SL 20 YEARS 723687 723687
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 10/31/02
ASSETS Balance
Beginning
of Year
Balance
End of
Year
Increase
(Decrease)ACCT #DESCRIPTION
101 Utility Plant in Service (From Pg 5, Line 29)793737 793737
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)
108.Accumulated Depreciation (From Pg 6, Line 26)723687 723687
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)70050 70050
123 Investment in Subsidiaries
125 Other Investments
Total Investments (Add lines 14 & 15)
131 Cash
135 Short Term Investments
141 Accts/Notes Receivable - Customers 8028 7546 482
142 Other Receivables
145 Receivables from Associated Companies
151 Materials & Supplies Inventory
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
Total Assets (Add lines 13, 16 & 26 - 30)78078 77596 482
Rev 3/02 Page 7
Name:SPIRIT LAKE EAST WATER COMPANY
BALANCE SHEET
For Year Ended 10/31/02
LIABILITIES & CAPITAL Balance
Beginning
of Year
Balance
End of
Year
Increase
(Decrease)ACCT #DESCRIPTION
201-Common Stock 296434 296434
204-Preferred Stock
207-Miscellaneous Capital Accounts
214 Appropriated Retained Earnings 669277 680877 11600
215 Unappropriated Retained Earnings
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)372843 384443 11600
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 -Accrued Debt, Interest & Dividends Payable
241 Misc. Current & Accrued Liabilities
251 Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities 380871 391989 11118
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)78078 100796 482
** Only if Commission Approved
Rev 3/02 Page 8
Name:SPIRIT LAKE EAST WATER COMPANY
STATEMENT OF RETAINED EARNINGS
For Year Ended 10/31/02
Retained Earnings Balance 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 ~ End of Year
669277
11600
680877
CAPITAL STOCK DETAIL
Description (Class, Par Value etc.
Common Stock
No. Shares
Authorized
Dividends
Paid
No. Shares
Outstanding
5000 4950
DETAIL OF LONG-TERM DEBT
Interest Year-end Interest Interest
Rev 3/02 Page 9
Name:SPIRIT LAKE EAST WATER COMPANY
SYSTEM ENGINEERING DATA
For Year Ended 10/31/02
Provide an updated system map if significant changes have been made to the system during the year.
Water Supply:
Pump Designation or location
Rated
Capacity
(gpm)
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc.
Annual
Production
(OOO's Gal.)
Water
Supply
Source
(Well, Spring,
Surface Wtr)
Well Site 500 Chlorine 20000 well
System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
OOO'OOO'(Elevated Pres-(Wood , Steel
Storage Designation 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 10/31/02
Pump information for ALL system pumps, including wells and boosters.
Designation or Location
& Type of Pump
Rated
Capacity
(gpm)
Energy
Used
This Year
Discharge
Pressure
(psi)
Horse
Power
Well Site - Submersible 100 500 600
Well Site - Booster (2)
Well site - Booster (3)25-
** 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?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?
147
147
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
No.
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 10/31/02
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
603'603'
22791'22791'
58564'58564'
36944'36944'
4401'4401'
2400'2400'
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
TOTALS (Add lines 2 through 8)
This Last This Last
Year Year Year Year
250 237
250 237
Metered:
Residential
Commercial
Industrial
Flat Rate:
Residential
Commercial
Industrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
Rev 3/02 Page 12
CERTIFICA TE
State of Washington
) ss
County of Spokane
, the undersigned R. .A. HANSON
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.
f).
(Chief Officer)
Subscribed and Sworn to Before Me
thisl!i-day Of~,d. t) ()3
~WIIA ~'
'!llif
.Q/vQ/
NOTARY UBLIC
My Commission Expires 05/01/ bS-
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Rev 3/02 Page 13