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Home My WebLink About2015Annual Report.pdfSPL-W ANNUAL REPORT OF Spirit Lake East Water Company NAME 118 N. 17th Street, PO Box 3388 Coeur d'Alene, ID 83816 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2015 CJ'"' =i S:: ~ ;o ~.~~; c;-, m ur .. -_ 0 rn < rn 0 ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO PUBLIC UTIUTIES COMMISSION FOR THE YEAR ENDING October 31 2015 f"~ECE !VED ')(1'( ,ll:"' I I i.J i i.l dC•l.:I iCJ· :~ l~Ji .. Llt~: COMPANY INFORMATION · · ·: 1 1 . : i-: :_· :; c:..:, 1 .. ; r,i Is s Io N Give full name of utility ~S~P~I_R~IT~LA~K~E~E~A~S~T_W=A~T~E~R~C~O~. --------------------------- 2 Date of Organization 4/1/1982 3 Organized under the laws of the state of IDAHO 4 Address of Principal Office (number & street) 118 N 7TH ST 5 P.O. Box (if applicable) PO BOX 3388 6 City COEUR D'ALENE 7 State IDAHO 8 Zip Code 83816 9 Organization (proprietor, partnership, corp.) CORPORATION 10 Towns, Counties served SPIRIT LAKE EAST & TREEPORT DEVELOPMENT KOOTENAI COUNTY & BONNER COUNTY 11 Are there any affiliated companies? (yes or no) 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 LESLIE RAYNER JILL TURNER COLE RAYNER 13 Were any water systems acquired during the year or any additions/deletions made to the service area during the year? NO 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 City State Zip 10.31.15 SLEWCO Annual Report (1) (2).xlsx 118 N 7TH ST COEUR D'ALENE ID 83816 (8771 755-9287 I f877l 755-9287 (8771 755-9287 lof 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. COMPANY INFORMATION (Cont.) 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 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 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 10.31.15 SLEWCO Annual Report (1) (2).xlsx NO NO NO Start of Service & MAY 2015 NO Gallons/CCF 2 0 10 For the Year Ended 10/31/2015 NO $Amount 2 of 13 ANNUAL REPORT FOR WATER UTILmES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. REVENUE & EXPENSE DETAIL For the Year Ended 10/31/2015 SUB ACCT DESCRIPTION 400 REVENUES 1 460 Unmetered Water Revenue 2 461.1 Metered Sales -Residential $ 153,234.00 3 461.2 Metered Sales -Commercial, Industrial 4 462 Fire Protection Revenue 5 464 Other Water Sales Revenue 6 465 Irrigation Sales Revenue 7 466 Sales for Resale 8 400 Total Revenue (Add Lines 1 -7) $ 153,234.00 (also enter result on Page 4, line 1) Booked to Acct # 9 • DEQ Fees Billed separately to customers Booked to Acct # 10 ** Hookup or Connection Fees Collected Booked to Acct # 11 ***Commission Approved Surcharges Collected 401 OPERATING EXPENSES 12 601.1-6 Labor -Operation & Maintenance $ 51321.00 13 601.7 Labor -Customer Accounts 14 601.B Labor -Administrative & General $ 30,670.00 15 603 Salaries, Officers & Directors 16 604 Employee Pensions & Benefits 17 610 Purchased Water $ 557.00 18 615-16 Purchased Power & Fuel for Power $ 15,859.00 19 618 Chemicals $ 634.00 20 620.1-6 Materials & Supplies -Operation & Maint. $ 12,535.00 21 620.7-8 Materials & Supplies -Administrative & General 22 631-34 Contract Services -Professional $ 8,832.00 23 635 Contract Services -Water Testing $ 240.00 24 636 Contract Services -Other $ 5 438.00 25 641-42 Rentals -Property & Equipment $ 4 030.00 26 650 Transportation Expense 27 656-59 Insurance $ 2,566.00 28 660 Advertising 29 666 Rate Case Expense (Amortization) 30 667 Regulatory Comm. Exp. (Other except taxes) $ 360.00 31 670 Bad Debt Expense 32 675 Miscellaneous $ 9,025.00 33 Total Operating Expenses (Add lines 12 -32, also enter on Pg 4, line 2) $ 96,073.00 10.31.15 SLEWCO Annual Report (1) (2).xlsx 3 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. INCOME STATEMENT For the Year Ended 10/31/2015 SUB ACCT DESCRIPTION 1 Revenue (From Page 3, tine 8) $ 153,234.00 2 Operating Expenses (From Page 3, line 33) $ 96,073.00 3 403 Depreciation Expense $ 12,951.00 4 406 Amortization, Utility Plant Aquisition Adj. 5 407 Amortization Exp. -Other 6 408.10 Regulatory Fees (PUC) 7 408.11 Property Taxes $ 1,582.00 B 408.12 Payroll Taxes $ 1,500.00 9A 408.13 Other Taxes (list) DEQ Fees $ 1,120.00 9B 9C 9D 10 409.10 Federal Income Taxes 11 409.11 State Income Taxes $ 52.00 12 410.10 Provision for Deferred Income Tax -Federal 13 410.11 Provision for Deferred Income Tax -State 14 411 Provision for Deferred Utility Income Tax Credits 15 412 Investment Tax Credits -Utility 16 Total Expenses from operations before interest {add lines 2·15) $ 113,278.00 17 413 Income From Utility Plant Leased to Others 18 414 Gains (Losses) From Disposition of Utility Plant 19 Net Operating Income (Add lines 1, 17 &18 less line 16) $ 39,956.00 20 415 Revenues, Merchandizing Jobbing and Contract Work 21 416 Expenses, Merchandizing, Jobbing & Contracts 22 419 Interest & Dividend Income 23 420 Allowance for Funds used During Construction 24 421 Miscellaneous Non-Utility Income 25 426 Miscellaneous Non-Utility Expense $ 31.00 26 408.20 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) $ (31.00) 29 Gross Income (add lines 19 & 28) $ 39,925.00 30 427.3 Interest Exp. on Long-Term Debt 31 427.5 Other Interest Charges $ 798.00 32 NET INCOME {Line 29 less lines 30 & 31), (Also Enter on Pg 9, Line 2) $ 39,127.00 10.31.15 SLEWCO Annual Report (1) (2).xlsx 4of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. ACCOUNT 101 PLANT IN SERVICE DETAIL 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 SUB ACCT 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 DESCRIPTION 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 PLANT IN SERVICE $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ (Add llnes 1 . 28) Enter beginning & end of year totals on Pg 7, Line 1 10.31.15 5LEWCO Annual Report (1) (2).xlsx Balance Beginning of Year 48 222.00 77 073.00 30132.00 30 500.00 140 994.00 796.00 7 134.00 519,732.00 71 097.00 19 685.00 5 407.00 5 632.00 5 001.00 24 981.00 1 951.00 639.00 133 763.00 1,122,739.00 For the Year Ended Added During Year $ -$ Removed During Year - 10/31/2015 Balance End of Year $ - $ - $ - $ 48 222.00 $ 77 073.00 $ - $ 30 132.00 $ - $ - $ 30 500.00 $140 994.00 $ 796.00 $ 7 134.00 $519,732.00 $ 71 097.00 $ 19 685.00 $ 5 407.00 $ 5 632.00 $ 5 001.00 $ $ - $ - $ - $ - $ 24 981.00 $ 1 951.00 $ 639.00 $133 763.00 $ - ####### 5of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 SUB ACCT 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 DESCRIPTION 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 TOTALS (Add Lines 1 · 25) Enter beginning & end of year totals on Pg 7, Line 7 10.31.15 5LEWCO Annual Report (1) (2).xlsx Depreciation Rate % For the Year Ended Balance Beginning of Year .$ .894,09.8.00 .$ Balance End of Year 907,049.00 10/31/2015 Increase or (Decrease) $ - $ - $ - $ - $ $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - .$ .12,95.1.00 6of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. BALANCE SHEET 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 SUB ACCT 101 102 103 105 114 108.1 108.2 108.3 110.1 110.2 115 123 125 131 135 141 142 145 151 162 173 143 181 183 184 186 ASSETS 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 unes 1 -5) Accumulated Depreciation (From Pg 6, une 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) 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 Provision 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) 10.31.15 SLEWCO Annual Report (1) (2).xlsx For the Year Ended Balance Beginning of Year $ 1 122 739.00 $ 1 122 739.00 $ 894 098.00 $ 228 641.00 $ - $ 2 186.00 $ 9 216.00 $ 12 291.00 $ 23 693.0.0 $ 252,334.00 $ $ $ $ $ $ $ $ $ $ Balance End of Year 1122 739.00 1 122 739.00 907 049.00 215 690.00 - 21 174.00 9 216.00 12 291.00 42 681.00 258,371.00 10/31/2015 Increase or (Decrease) $ - $ - $ - $ - $ - $ - $ 12 951.00 $ $ - $ - $ - $ - $(12 951.00\ $ - $ - $ - $ 18,988.00 $ $ - $ - $ - $ - $ - $ - $ - $ 18 988.00 $ - $ - $ - $ - $ 6,037.00 7of 13 ANNUAL REPORT FOR WATER UTIITTIES TO THE IDAHO PUBLIC UTIITTIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. BALANCE SHEET 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 UB ACCT 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 LIABIITTIES & 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 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. ** Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 -29) TOTAL LIABJITTIES & CAPITAL C Add lines 8 & 30) •• Only if Commission Approved 10.31.15 SLEWCO Annual Report (1) (2).xlsx For the Year Ended Balance Beginning of Year $ 296 434.00 $ 396 893.00 $ (518 519.00) $ 174 808.00 $ 73 506.00 $ 4 019.00 $ 77 525.00 $ 252,333.00 $ $ $ $ $ $ $ $ Balance End of Year 296 434.00 396 893.00 (513 007.00) 180 320.00 73 506.00 4 544.00 78 050.00 258,370.00 10/31/2015 Increase or roecreasel $ - $ - $ 5 512.00 $ 5 512.00 $ $ 525.00 $ 525.00 $ 6,037.00 Bof 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. STATEMENT OF RETAINED EARNINGS 1 Retained Earnings Balance @ Beginning of Year 2 Amount Added from Current Year Income (From Pg 4, une 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.) COMMON STOCK DETAIL OF LONG-TERM DEBT 8 Descrfotion 10.31.15 SLEWCO Annual Report (1) (2).xlsx Interest Rate For the Year Ended No. Shares Authorized Year-end Balance 5000 i i i $ (518,519.00) 39,127.00 (33,615.00) (513,007.00) No. Shares Outstandln Interest Paid 4950 10/31/2015 $ $ Dividends Paid Interest Accrued 9of 13 ANNUAL REPORT FOR WATER UTIL1TIES TO THE IDAHO PUBLIC UTIL1TIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. SYSTEM ENGINEERING DATA Provide an updated system map if significant changes have been made to the system during the year. 2 Water Supply: Pumo Desianation or location WELL SITE TOT ALS 3 System Storage: Storaae Desianation or Location WELL SITE Rated Capacity (gpm) Total Capacity OOO's Gal. (Duplicate form and attach if necessary. Asterisk facilities added this year.) 10.31.15 SLEWCO Annual Report (1) (2).xlsx 450 200 For the Year Ended Type of Treatment: (None, Chlorine Fluoride Filter etc.) CHLORINE Usable capacity OOO's Gal. 200 Annual Production (OOO's Gal.) Type of Reservoir (Elevated Pressurized Boosted) BOOSTED 0 10/31/2015 Water Supply Source (Well, Spring, Surface Wtr) WELL Construction (Wood, Steel Concrete) CONCRETE 10 of 13 ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. SYSTEM ENGINEERING DATA Continued 4 Pump information for ALL system pumps, including wells and boosters. Rated Horse power Designation or Location & Tvoe of Pumo•• {hp) WELL SITE WELL SITE BOOSTER WELL SITE BOOSTER WELL SITE BOOSTER •• Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year. Attach additional sheets If Inadequate space Is available on this pa~e. 5 If Wells are metered : What was the total amount pumped this year? OOO's gal. What was the total amount pumped during peak month? OOO's gal. What was the total amount pumped on the peak day? gal. 6 If customers are metered, what was the total amount sold in peak month? OOO's gal. 7 Was your system designed to supply fire flows? If Yes: What is current system rating? 8 How many times were meters read this year? 100 10 10 25 For the Year Ended Rated Capacity (gpm) 500 During which months? NOVEMBER 2014 MARCH 2015 -OCTOBER 2015 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! 11 In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded? 10.31.15 SLEWCO Annual Report (1) (2).xlsx Discharge Pressure (psi) 600 0-45 0-45 25-45 10/31/2015 Energy used this Year (Kwh) 55005000 10317800 n/a 8737298 NO 10 58 47 NO 11 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: SPIRIT LAKE EAST WATER CO. SYSTEM ENGINEERING DATA Continued FEET OF MAINS Pipe Size 10 8 6 4 3 -2 CUSTOMER STATISTICS 2 Metered: 2A Residential 2B Commercial 2C Industrial 3 Flat Rate: 3A Residential 3B 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 S) 10.31.15 SLEWCO Annual Report (1) (2).xlsx Number of Customers This Year In Use Beginning Of Year 603 2791 58564 36944 4401 -2400 301 301 For the Year Ended Installed During Year Last Year 290 290 Abandoned During Year Thousands of Gallons Sold This Year 0 10/31/2015 In Use End of Year 603 2791 58564 36944 4401 -2400 Last Year 0 12 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION CERTIFICATE State of Idaho ss County of WE, the undersigned ud,;,_,i /?oA_Agrt (JC and ~ of the SpLuf kb ca4i= tt.Jahit f'i2 3ILe 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. Subscribed and Sworn to Before Me '"m~ ,ZD~ (~~~ , NOTARY PUBLIC My Commission Expires iM-R e, 2~ I tJ ~ . 10.31.15 Sl£WC0 Annual Report (1) (2).xlsx ~ (Officer in Charge of Accounts) ABBIE K.BRdWN Notary Pubiic $tate of ·Idaho, gdk/excel/jnelson/anulrpts/wtrannualrpt 13 of 13