2013Annual Report.pdf

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NAME
KEVIN ANDERSON
CDS/STONERIDGE WATER
5295 S COMMERCE DR STE 175
MURRAY UT 84107
TO THE
IDAHO PUBLIC
UTILITIES GOMMISSION
FOR THE
ATVY(IAL REPORT
OF
YEAR ENDED 2OI3
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 31-Dec-13
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 INFORMAT!ON
CDS Stoneridge Utilities, LLC
Apr-01
Utah
5295 Commerce Drive Suite 175
Murrav
Utah
84107
nartnorchin
Stoneridge resort and golf course community
Blanchard, ldaho
Phone No.
No
11 Are there any affiliated companies?ves (see attachment)
lf yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact lnformation
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 additionsideletions made
to the service area during the year?
lf 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
5295 Commerce Drive, Suite 175
Murrav
84107
Utah
437-3148
Rev 3/02 Page 1
NAME:CDS Stoneridqe Utilities, LLC
COMPANY INFORMATION (Cont.)
For the Year Ended 31-Dec-13
15 ls the system operated or maintained under a
service contract?
16 lf yes: With whom is the contract?
When does the contract expire?
What services and rates are included?
18 !f yes: Name of Organization
Name of owner or operator
Mailing Address
City
State
zip
Water Purchased
Gallons/CCF $Amount
I
No
17 ls water purchased for resale through the system?No
19 Has any system(s) been disapproved by the
ldaho Division of Environmental Quality?
lf yes, attach full explanation
20 Has the ldaho Division of Environmental Quality
recommended any imProvements?
lf yes, attach fult explanation See letters and responses attached
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?7 I 1 12007 (see attachment)
Attach a copy of the Summary * All customers receive a copy also.
24 Did significant additions or retirements from the
Plant Accounts occur during the year?
lf yes, attach full explanation
and an updated system map
No
No
No
Rev 3/02 Page2
NAME:
ACCT#
CDS Stoneridqe Utilities. LLC
REVENUE & EXPENSE DETAIL
Forthe Year Ended 31-Dec-13
DESCRIPTION
1
2
3
4
5
6
7
8
4OO REVENUES
Unmetered Water Revenue
Metered Sales - Residential
Metered Sales - Commercial, lndustrial
Fire Protection Revenue
Other Water Sales Revenue
lrrigation Sales Revenue
Sales for Resale
Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
9 * DEQ Fees Billed separately to customers
10 ** Hookup or Connection Fees Collected
11 ***Commission Approved Surcharges Collected
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
401 OPERATING EXPENSES
601.1-6 Labor - Operation & Maintenance
601.7 Labor - Customer Accounts
601.8 Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
615-16 Purchased Power & Fuel for Power
618 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services - Water Testing
636 Contract Services - Other
64142 Rentals - Property & Equipment
650 Transportation Expense
656-59 lnsurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous
460
461.1
461.2
462
464
465
466
400
117,606
25,968
13,326
12,550
2,820
9.529
200
9.437
4,081
6,686
4,901
2,496
32.593
189.493
Booked to Acct #
13.326 Booked to Acct #323200
Booked to Acct #
22,469
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
Rev 3/02 Page 3
75,170
Name:CDS Stoneridge Utilities, LLC
INCOME STATEMENT
ForYear Ended 31-Dec-13
ACCT # DESCRIPTION
1 Revenue (From Page 3, line 8)
2 Operating Expenses (From Page 3, line 33)
3 403 Depreciation Expense
4 406 Amortization, Utility Plant Aquisition Adj.
5 407 Amortization Exp. - Other
6 408.10 Regulatory Fees (PUC)
7 408.11 Property Taxes
8 408.12 PayrollTaxes
9A 408.13 Other Taxes (list) DEQ Fees
189,493
75.170
36,686
226
3.278
8,563
9B
9C
9D
10 409.10 Federal lncome Taxes
11 409.11 State lncome Taxes
12 410.'10 Provision for Deferred lncome Tax - Federal
13 410.11 Provision for Deferred lncome Tax - State
14 411 Provision for Deferred Utility lncome Tax Credits
15 4'12 lnvestment Tax Credits - Utility
't6 Total Expenses from operations before interest (add lines 2-15) 123,923
17 413 lncome From Utility Plant Leased to Others
18 414 Gains (Losses) From Disposition of Utility Plant
19 Net Operating lncome (Add lines 1,17 &18less line 16)
20 415 Revenues, Merchandizing Jobbing and Contract Work
21 416 Expenses, Merchandizing, Jobbing & Contracts
22 419 lnterest & Dividend lncome
23 420 Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility lncome
25 426 Miscellaneous Non-Utility Expense
26 408.20 Other Taxes, Non-Utility Operations
27 409-20 Income Taxes, Non-Utility Operations
28 Net Non-Utility lncome (Add lines 20,22,23 & 24 less \ines21,25,26, &27)
29 Gross lncome (add lines 19 & 28)
30 427.3 lnterest Exp. on Long-Term Debt
31 427.5 Other lnterest Charges
65,570
32 NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) 30,707
65,570
34,863
Rev 3/02 Page 4
Name:CDS Stoneridqe Utilities, LLC
ACCOUNT 1OI PLANT IN SERVICE DETAIL
For Year Ended 31 -Dec-1 3
SUB
ACCT #
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
1 301
2 302
3 303
4 304
5 305
6 306
7 307
8 308
I 309
10 310
11 311
12 320
13 330
14 331
15 333
't6 334
17 335
18 336
19 339
20 340
21 341
22 342
23 343
24 344
25 345
26 346
27 347
28 348
29
DESCRIPTION
Organization
Franchises and Consents
Land & Land Rights
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
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 lines 1 -28)
3,051
Enter beginning & end of year totals on Pg 7, Line 1
Rev 3/02 Page 5
Name:
SUB
ACCT #
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
34',!
342
343
344
345
346
347
348
CDS Stoneridqe Utilities, LLC
ACCUMULATED DEPRECIATION ACCOUNT I08.1 DETAIL
ForYear Ended 31-Dec-13
1
2
3
4
5
6
7
8
I
't0
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
DESCRIPTION
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
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)
Depreciation
Rate
Yo
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
29.222
892
'122
77
452
54
Enter beginning & end of year totals on Pg 7, Line 7
Rev 3/02 Page 6
Name:
ACCT #
CDS Stoneridge Utilities, LLC
BALANCE SHEET
31-Dec-13For Year Ended
ASSETS
DESCRIPTION
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
Decrease
4.213
4.213
36,686
14.055
s09
1
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
101
102
103
105
114
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)
108.1 Accumulated Depreciation (From Pg 6, Line 26)
108.2 Accum. Depr. - Utility Plant Lease to Others
108.3 Accum. Depr. - Property Held for Future Use
110.1 Accum. Amort. - Utility Plant in Service
110.2 Accum. Amort. - Utility Plant Lease to Others
115 Accumulated Amortization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 12)
123 lnvestment in Subsidiaries
125 Other lnvestments
Total lnvestments (Add lines 14 & 15)
131 Cash
135 Short Term lnvestments
141 Accts/Notes Receivable - Customers
142 Other Receivables
145 Receivables from Associated Companies
151 Materials & Supplies lnventory
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 & lnvestigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges
TotalAssets (Add lines {3, 16 & 26 - 30)
922,428
922,428
595.905
326,523
10,689
763
353204
101101
Rev 3/02 Page 7
CDS Stoneridqe Utilities. LLC
Balance Sheet
For Year Ended
207 -13 Miscellaneous Capital Accounts
214 AppropriatedRetainedEarnings
215 UnappropriatedRetainedEarnings
216 ReacquiredCapitalStock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)
221-2 Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
231 Accounts Payable
232 Notes Payable
233 Accounts Payable - Associated Companies
235 CustomerDeposits(Refundable)
236.11 Accrued Other Taxes Payable
236.12 Accrued lncome Taxes Payable
236.2 Accrued Taxes - Non-Utility
23740 Accrued Debt, lnterest & Dividends Payable
24'l Misc. Current & Accrued Liabilities
251 Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities
255.1 Accumulated lnvestment Tax Credits - Utility
255.2 Accum. lnvestment Tax Credits - Non-Utility
261-5 Operating Reserves
271 Contributions in Aid of Construction
272 Accum. Amort. of Contrib. in Aid of Const. "*
281-3 Accumulated Deferred lncome Taxes
Total Liabilities (Add lines 9 - 29
TOTAL LIAB & CAPITAL ( Add lines 8 & s0)
31-Dec-13
7
I
9
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
Decrease
10.477
48,162
(54,107',)
123.223
364,1
374.21
745,11
353,204
18,
387
** Only if Commission Approved
Rev 3/02 Page 8
Name:CDS Stoneridqe Utilities, LLC
STATEMENT OF RETAINED EARNINGS
ForYear Ended 31-Dec-13
1
2
3
4
5
6
Retained Earnings Balance @ Beginning of Year
Amount Added from Current Year lncome (From Pg 4, Line 32)
Other Credits to Account
Dividends Paid or Appropriated
Other Distributions of Retained Earnings
Retained Earnings Balance @ End of Year
CAPITAL STOCK DETAIL
Description (Class. Par Value etc.)
Stoneridoe Utilities LLC
is accounted for as a partnership
DETAIL OF LONG.TERM DEBT
(3e1,e14)
30.707
(36,652)
_(3e73qgt
No. Shares No. Shares Dividends
Year-end
Balance
lnterest
Paid
lnterest
Accrued
Note from
Environmental
Rev 3/02 Page 9
Name:CDS Stoneridqe Utilities. LLC
SYSTEM ENGINEERING DATA
ForYear Ended 31-Dec-13
1 Provide an updated system map if significant changes have been made to the system during the year.
2 Water Supply:Type of
Treatment:
(None, Chlorine
Fluoride
Well #1 E005117
Well #1 E005118
Well#3 D0040131
3 System Storage:
Total
Capacity
000's
Gal.
Annual
Production
i000's Gal.l
Rated
Capacity
Water
Supply
Source
(Well, Spring,
Surface
Type of
Reservoir Construction
(Elevated,Pres- (Wood, Steel
Usable
Capacity
000's
Gal.or Location
lank 114 mile west of wells
tanks 1 mile west of wells
tanks '1 mile west of wells
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
Rev 3/02 Page 10
:
Name:CDS Stoneridse Utilities, LLC
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 3'1-Dec-13
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location
& Tvoe of Pumo"*
#1 line shaft turbine
#1 line shaft turbine
#3 submersible
pump curves unless previously provided or unavailable.
Attach additional sheets if inadequate space is available on this page.
lf 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?
6 lf customers are metered, what was the total amount sold in peak month?
Was your system designed to supply fire flows?
lf 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?
Are backbone plant additions anticipated during the coming year?
lf Yes, attach an explanation of projects and anticipated costs!
ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
added this year.
Energy
Used
This Year
89,860 kwh
89,860 kwh
87.8 million gall,
24.3 million gall
.78 million gallor
23,978 gallons
yes
5
Aprilto October
720
10
11
Rev 3/02 Page 1 1
2017t2018
CDS Stoneridqe Utilities. LLC
SYSTEM ENGINEERING DATA
(continued)
ForYear Ended 31-Dec-13
FEET OF MAINS
ln Use
Beginning
Of Year
Abandoned
During
Year
Thousands of Gallons Sold
lnstalled
During
Year
ln Use
End of
Year
66045
2
2A
28
2C
3
3A
3B
3C
4
5
6 Street Sprinkling
Municipal, Other
8 OtherWater Utilities
CUSTOMER STATISTICS
Number of Customers
Metered:
Residential
Commercial
lndustrial
Flat Rate:
Residential
Commercial
lndustrial
Private Fire Protection
Public Fire Protection
Rev 3/02
TOTALS (Add lines 2 through 8)
Page 12
st"t"offi$
cornw or Sr,,({rla
My Commission Expires fie.Ll h /b
WE, the undersigned
and
of the
utility, on our oath do severally say tt\bt 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.
Qtrr
(Chief Officer)
GERTIFICATE
JATETSEAIOTEMilTTT
mmyfinr.t[ttUN,
corrrsstoxr ttC2tt
c0il1{. ExP.0$fl.20t0
,&; r, {r (Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
Rev 3/02 Page 13
gdUexceyjnelson/anulrpts^vtrannualrpt
[,,]il'I, .
,i''i'''' ':' ''
i:'.,ir:r..
Addendum to item #11
CDS Stoneridge Partuers
This entity is a major equity holder of Stoneridge Utilities, Land and Golf
The ownership consists of several limited parhers with Dean Allarq Chris Young, and Dan Sranger
as ge,neral partrers
CDS Stoneridge Land
This is a sister company of Stoneridge Utilities and is owned by CDS Stoneridge Parbrers
CDS Stoneridge GoIf
This is a sister company of Stoneridge Utilities and is owned by CDS Stoneridge Partrrers
These entities all have the same addresses as that of Stoneridge Utilities.
They provide adminishativq manage,ment and financial services to Stoneridge Utilities.
Stoneridge Water Company
P.O. Box 298, Blanchard,ID 83804
Phone: Q08) 437-2180 Fax [phone]
Summarv of Rules
To Our Water Customers:
This is a summary of the rules forservice for all Stoneridge Water Compauy customers as
detemined by the Idaho Public Utilities Commission (IPUC). These rules cover the rights
and responsibilities of the Customer aud the Utility. Please review the new approved rate
schedule under "Notification and Billing."
If you have ary questions concerning this information please contact us or you can directly
contact the IPUC, P.O. Box 83720,Boise,ID 83720-0074, 1-800-4324369,
TERMINATION WITI{ PRIOR NOTICE
IVitb proper customer notice Stoneridge Water Company may deny or terminate water service
for one of the followiug reasons:
1. Non-payrnent of a past due bill orpayrnent of a past due bill with an NSF check.2. Failure to honor the terms of a payment arrangement.3. Obtaining service by false identity.4. Refusing to allow a@ess to the watermeter shut-offvalve.5. Willfirlly wasting service tbrough improper equipment or othenuise.6. Failureto applyfor service.
TERMINATION WITHOUT PRIOR NOTICE
Stoneridge Water Company may deny or terminate water service without notice for one of the
following reasons:
l. A situation exists tlat 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 Stoneridge'Water Company.4. Stoneridge Water Company has diligently attempted to noti$ you of termination
and has been unable to contact you.5. If ordered by any court, The Commis5isrl or any other duly auttrorized public
authority.
NOTIFICATION AND BILLING
1. Meters will be read on the first business day of each mqnth (weather providing). Bills
will be sent out by the l0d'with payrnent due by the 25th of each month. The basic
monthly fee is detemrined by meter size and is as follows:
a.) 0.75" - $24.00 per month; 1.00' - $42.67 per month; I.50" - $96.00 per
month; 2.00- - $170.67 per month; 2.50" - $266.67 per month; 3.00" -
$384.00 per month; 4.00" - $682.67 per month; and 6.00" - $1,536.00 per
month. The commodity charge is $0.7911,000 gallons, with the exception of
the Golf Course whose charge is $0,7111,000 gallons. This reflects a llYo
discount because of its intemrptible, off-peak usage capabilities.
b.) In addition, Happy Valley Ranchos Water Customers and other customers
connected to that part of the water system shall pay a surcbarge of $ I 6.83 per
month for loan costs.
A billing will be consideredpast due (60) days affer the billing date. A wriffen Initial
Notice must be mailed at least (7) seven days before the proposed termination date.
A written Final Notice will be mailed on the expiration date ofthe Initial Notice.
There will be a Grace Period of (7) seven dap afier the Final Notice h4s been mailed.
At least (24) twerty-four hours before &e service is temdnated a notice will be left at
theproperly advising you ofthe steps needed to have services restored"
When the Q$ twenty-four hour period has ended another attempt will be made to
contact you in person or by telephone before sewice is terminated.
Only a (24) trrenty-four hour notice is required if you do not make an initial paymetrt
according to the payrnent arrangement or the initial payment is not honored by the
bank.
PAYI{ENT ARRA}IGEMENTS AND SPECTAL CIRCI'MSTANCES
If you cannotpay your billing in ftll or you receive a notice of termination, please call our office
at [phone]. Palment arratrgements can be made to avoid termination of seruice. If you
cannot pay your bill and a member of your household is seriously ill or there is a medical
emergency, Stoneridge Water Company will postpone terrnination of service for (30) thirty days.
A wrifien certification 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 penon certifying the
serious illness or medical emergency.
COMPLAINT PROCEDI'RES
If at any time you have a complaint couceming the terrrination of servicg policies and practices
or any other matter regarding our service please contact Stoneridge Water Company, in person,
by telephone or in writing. Your complaint will be investigated prompfly and thoroughly. You
will be notified orally or in vuriting the results of the investigation and we will make every effort
to resolve the complaint. If you are dissatisfied with the proposed resolution ofyour complaint
you may ask the IPUC to reviewthematter. Yourrequestmay be done orally or in writing.
Your service will not be disconnected while the complaint is being investigated by the utility or
theIPUi.
RESTRICTION OF TERMINATION OF SERVICE
Service will not be disconaected on Friday after 12:00 noon or on a Satruday, Sunday, Legal
Holidays recognized by the state of Idaho, or after i2:00 noon on any day inunsdiately before
any legal holiday. Service will only be tenuinated between tlie hours of 8:00am and 4:00pm.
The employee sent to the premises to temrinate service will identis himself/herself to you and
state the plqpose of the visit. This person is authorized to accept payment in full.
HOOK-TIP
The company reseryes the right to deny hook-ups during the winter months due to adverse
weather conditions. New hook-ups will be scheduled as soon as weather conditions pemrit.
2.
3.
4.
5.
HOOK-UP CHARGE.S AI.{D MONTHLY FEES
A one time hook-up charge of $1,200.00 will be paid in advance for any new service hook-up.
The exta costs of any out-of-the-ordinary circumstances requiring additional equipment or
special construction tecbniques involved in the installation of anew service connection will be
agreed to in advance and put into writing by the customer and the company. Only one residenc,e
perhook-up is allowed. Any iniggtion usage will now be metered. The monthly.rate is as
appea$ on Page One under'l*lotificadon and Billing". Payment is due by the 25fr of the month,
bills will be considered tlelinquent by the 30e of the month. Arangements can benrade to pay
in advance monthln quarterly, semi-annually or annually.
RECONNECTION FEE
If water service is terminated, the balance in full, plus a reconnectfee of $18.50 (during office
hous) or $33.50 (after hours) is due if reconnection is done within 30-days. After 30-days the
reconnect fee is as follows:
RECONNECT FEE AFTER 3O-DAYS:METER SIZE:
0.7s
1.00
1.50
2.00
2.50
3.00
4.00
6.00
$6s.00
$116.00
$260.00
$462.00
$722.00
$1,040.00
$1,849.00
$4,160.00
NO ONE EXCEPT AN AUTHORI?ED AG'ENT. OF TEm COIvI?AI{Y SIIALL TAMPER.
WTTII COMPAI\rY'S LOCKING VALVE AND METE&