2017Annual Report.pdf

6t s-uo
A]YI{UAL REPORT
OF
NAME
TO THE
IDAHO PUBLIC
UTILITIES COMMISSlON
FOR THE
YEAR ENDED 2017
,-: E)-r{
=:=@, -..-:: EE -?.1;u.: X ffi
Ll,'; -. ()o):- or mc).:: =EE "=, h:Lt (3ao \Pq cJtC) c^)Z.
t
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 31-Dec-17
COMPANY INFORMATION
CDS Stoneridge Utilities, LLC1 Give full name of utility
2 Dale 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
111 E. Sego Lily Drive, Sultg OQ
Apr-01
Utah
Sandy
Utah
84070
partnership
Stoneridge Resort and Golf Course Community
Blanchard ldaho
11 Are there any affiliated companies?yes
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact lnformation Name
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 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 111 E. Sego Lily Drive, Suite 400
City Sandy
State Utah
84070
Dean Allara
Brad Hansen
Brad Hansen
Brad Hansen
Keith Rusho
Kevin Anderson
Phone No.
437-3148
437-3148
437-3148
437-3148
437-3148
801 I
No
Rev 3/02
Zip
Page 1
NAME CDS Stoneridqe Utilities, LLC
COMPANY INFORMATION (Cont.)
For the Year Ended 31-Dec-17
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?
No
17 ls water purchased for resale through the system?No
18 lf 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
ldaho Division of Environmental Quality?No
lf yes, attach full explanation
20 Has the ldaho Division of Environmental Quality
recommended any improvements?No
lf yes, attach full 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?
0
0
0
0
2016
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? No
lf yes, attach full explanation
and an updated system map
Rev 3/02 Page 2
NAME:
ACCT #
LLC
REVENUE & EXPENSE DETAIL
For the Year Ended 31-Dec-17
DESCRIPTION
1
2
3
4
5
b
7
8
4OO REVENUES
460 Unmetered Water Revenue
461.1 Metered Sales - Residential
461.2 Metered Sales - Commercial, lndustrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
465 lrrigation Sales Revenue
466 Sales for Resale
400 Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers
"* Hookup or Connection Fees Collected
**"Commission Approved Surcharges Collected
401 OPERATING EXPENSES
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
lnsurance
Advertising
Rate Case Expense (Amortization)
Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Miscellaneous
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, Iine 2)
123,647
23,322
17,389
39,746
204 105
Booked to Acct #
17,389 Booked to Acct #323200
Booked to Acct #
12,694
9,351
4,961
6,528
373
10,695
4,1 60
12 10
1 ,166
2,313
2,726
15,600
953
3
1
2
0
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
601.1-6
601.7
601.8
603
604
610
615-16
618
620.1-6
620.7-8
631-34
635
636
641-42
650
656-59
660
666
667
670
675
5
4
9
0
4
6
1
Rev 3/02 Page 3
83,927
CDS
1
2
3
Name:
ACCT #DESCRIPTION
CDS Stoneridge Utilities, LLC
INCOME STATEMENT
For Year Ended 1213112017
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 Payroll Taxes
9A 408.13 Other Taxes (list) DEQ Fees
204,105
83,927
39,711
704 11
12
9B
9C
9D
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
409.1 0
409.1 1
410.10
410.11
411
412
3,445
5,919
Federal lncome Taxes
State lncome Taxes
Provision for Deferred lncome Tax - Federal
Provision for Deferred lncome Tax - State
Provision for Deferred Utility lncome Tax Credits
lnvestment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)
lncome From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating lncome (Add lines 1,17 &18less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
lnterest & Dividend lncome
Allowance for Funds used During Construction
Miscellaneous Non-Utility I ncome
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
lncome Taxes, Non-Utility Operations
Net Non-Utility lncome (Add lines 20,22,23 & 24less lines 21 ,25,26, &27)
Gross lncome (add lines 19 & 28)
lnterest Exp. on Long-Term Debt
Other lnterest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
Page 4
133,706
413
414
70,398
415
416
419
420
421
426
408.20
409-20
427.3
427.5
Rev 3/02
70,398
5,267
65,1 31
Name: CDS Stoneridqe Utilities, LLC
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 1213112017
SUB
ACCT #DESCRIPTION
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
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
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
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
768 877 7 900
66,238 66,238
91 383 91 383
5 078 078
289 289
13,823 1 823
3,051 3,051
477 477
TOTAL PLANT IN SERVICE
(Add lines 1 -28)
215 951
Enter beginning end year totals on Pg 7, Line 1
2,023
2,023 0
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
341
342
343
344
345
346
347
348
Rev 3/02
CDS Stoneridge Utilities, LLC
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 31-Dec-17
1
2
3
4
5
6
7
I
9
'10
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
oa
Page 6
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
Decrease'
31 65s
3,094
4,201
132
487
39 711
83
58
Enter beginning end year totals on Pg 7, Line 7
606,140 637,795
59,253 62,347
80,441 84,642
2,526 2,658
1,596 1,679
9,334 9,821
1 ,118 1,176
760,408 800,1 1 9
Name CDS Stoneridge Utilities, LLC
BALANCE SHEET
For Year Ended 31-Dec-17
ASSETS Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
ACCT #DESCRIPTION
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)
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 - 12)
lnvestment in Subsidiaries
Other lnvestments
Total lnvestments (Add lines 14 & 15)
Cash
Short Term lnvestments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies lnventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Current (Add lines 17 -24less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & lnvestigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30)
949,216 2,023
216 2 023
1 08.1
108.2
108.3
1 10.1
110.2
115
408 39 711
188 8 15'1 120 -37,689
23
25 0 477
0 477
131
135
141
142
145
151
162
173
143
1,474 775
16,682 -6,912
0 0
0 0
I 156 -5 0
181
183
184
186
206,964 163,616 -43,349
951,239
95'r,239
800,1 1 I
477
477
2,249
9,770
0
0
12,496
Rev 3/02 Page 7
CDS Stoneridqe Utilities, LLC
Balance Sheet
For Year Ended 12-31-17
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
207-13
214
215
216
218
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 lncome Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, lnterest & Dividends Payable
Misc. Current & Accrued Liabilities
Unamortized Debt Premium
Advances for Construction
Other Deferred Liabilities
Accumulated lnvestment Tax Credits - Utility
Accum. lnvestment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred lncome Taxes
Total Liabilities (Add lines 9 - 29
LIAB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
223
-341 741 65,1 31
-218,518 -153,387 65,1 31
226 644
264 094 -21 554
304 9 083
5 568 -5,568
574 197 -71 561
355 9 -6,430
0
7
8
I
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
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
TOTAL
123,223
-276,610
870
242,540
259,226
0
502,636
349,249
Rev 3/02 Page 8
Name:CDS Stoneridqe Utilities, LLC
STATEMENT OF RETAINED EARNINGS
For Year Ended 31-Dec-17
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year lncome (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
-341,741
65,1 31
-276,610
CAPITAL STOCK DETAIL
No. Shares
Authorized
No. Shares Dividends
Paid7Description (Class, Par Value etc.)Outstandi
Stoneridge Utilities LLC
is accounted for as a partnership no stock
DETAIL OF LONG-TERM DEBT
8
lnterest
Rate
Year-end
Balance
lnterest
Paid
lnterest
Accrued
Note from of
Environmental Qual 2.00o/o 242,540 5,267
Rev 3/02 Page 9
Name:
SYSTEM ENGINEERING DATA
For Year Ended 31-Dec-17
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
Pu ation or location
Rated
Capacity
Total
Capacity
000's
Gal.
Fluoride
Filter etc.
Usable
Capacity
000's
Gal.
Annual
Production
Type of
Reservoir
(Elevated,Pres-
urized
Water
Supply
Source
(Well, Spring,
Construction
(Wood, Steel
Concrete
Concrete
Steel
Concrete
0's Gal.Surface
Well
Well
Well
Well #1 E0051 17
Well #1 E0051 18
Well#3 D0040131
3 System Storage:
nation or Location
Sto
2
4
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.)
800 Chlorine 48,800
0 Chlorine back-up
600 Chlorine 59,615
315,000 315,000 Elevated
20,000 20,000 buried
12,000 12,000 buried
Rev 3/02 Page 10
CDS Stoneridqe Utilities. LLC
Name:CDS Stoneridqe Utilities. LLC
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 31-Dec-17
4 Pump information for ALL system pumps, including wells and boosters
Designation or Location Horse
Power
Rated
Capacity
Discharge
Pressure
Energy
Used
This Year&ofP
Pum #1 line shaft turbine 102,861 kwh
Pum #1 line shaft turbine
Pum #3 submersible 102,861 kwh
** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year
Attach additional sheets if inadequate space is available on this page.
5 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?
108.4 million ga
29.4 million galh
948 million gallr
6 lf customers are metered, what was the total amount sold in peak month?27.6 million gallr
7 Was your system designed to supply fire flows?
lf Yes: What is current system rating?
yes
5
8 How many times were meters read this year?
During which months?
8
Aprilto Novemb
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?
713
500
10 Are backbone plant additions anticipated during the coming year?
lf Yes, attach an explanation of projects and anticipated costs!
no
11 ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
125 1,000 115
0 0 0
'100 600 115
Rev 3/02 Page 1'1
2024t2025
Name CDS Stoneridqe Utilities. LLC
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 31-Dec-17
FEET OF MAINS
Pipe
Size
ln Use
Beginning
Of Year
lnstalled
During
Year
Abandoned
During
Year
ln Use
End of
Year
10"1 355'1 355'
8"12 12,455',
6"11 1 1,550'
4"9 500 9,500'
3"27 900'27,900',
2"4 0'4,250',
12"1 00'1 00'
67110
CUSTOMER STATISTICS
This
Year
Last
Year
Last
Year
2
2A
28
2C
Metered
Residential
Commercial
lndustrial
354 51,691
15 55,648
3
3A
3B
3C
Flat Rate:
Residential
Commercial
lndustrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
This
Year
349 39,913
15 67,144
364 107,057
Rev 3/02
TOTALS (Add lines 2 through 8)
Page 12
369 107,339
I
CERTIFICATE
State of t62.1ro tffII,L )
)
)
SS
Countvot S,[I l,r/
WE, the u
of
utility, on our oath do severally say the foregoing report
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
knowledge, information and belief.
each and every matter and n set forth, to the best of our
(Ghief Officer)
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
tnis 13 aa ,70/fr
,CJ^ A,rlz-,
NOTARY PUBLIC
My Commission Expires l0'3o-2p16
gdUexcsl/jnelsorvanulrptstunrannualrpt
@ -E[ffiAiiii';:Ht-
c6uu. exP. to'ao-zole
Rev 3/02 Page 1
been prepared under our direction,
{