2000Annual Report.pdf

FILED Q
ANNUAL REPd
OF
Troy Hoffman Water Corporation
NAME
1250 Northwood Center Court,Suite AP.O.Box 2288,Coeur d'Alene,ID 83814
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2000
ANNUAL REPORTFOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 2000
COMPANY INFORMATION
1 Give full name of utility TROY HOFFMAN WATER CORPORATION
2 Date of Organization 11-Oct-73
3 Organizedunder the laws of the state of
4 Address of Principal Office (number&street)1250 Notrthwood CenterCourt,Suite A
5 P.O.Box (if applicable)2288
6 City Coeur d'Alene
7 State Idaho
8 Zip Code 83814
9 Organization(proprietor,partnership,corp.)Corporation
10 Towns,Counties served Coeur d'Alene,Kootenai County
11 Are there any affiliated companies?no
If yes,attach a list with names,addresses &descriptions.Explain any services
provided to the utility.
12 Contact Information Name Phone No.
President (Owner)Richard Gunther 208 664-1461
Vice President H.James Magnuson 208 666-1596
Secretary
General Manager
Complaintsor Billing Microledger,Inc.208 666-1502
Engineering
Emergency Service Ron Stadley,All Service Electric 208 664-9858
Accounting Microledger,Inc.
13 Were any water systems acquired during the year or any additions/deletionsmade
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 1103 Best Avenue,Suite A
City Coeur d'Alene
State Idaho
Zip 83814
Rev7/99 Page 1
NAME:TROY HOFFMAN WATER CORPORATION
COMPANY INFORMATION (Cont.)
For the Year Ended 2000
15 Is the system operatedor maintained under a
service contract?Yes
16 If yes:With whom is the contract?Ron Stadley,All Service Electric
When does the contract expire?Open ended
What services and rates are included?Maintenance/metering
$600 /month
17 Is water purchasedfor resale through the system?no
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 EnvironmentalQuality?no
if yes,attach full explanation
20 Has the Idaho Divisionof EnvironmentalQuality
recommendedany improvements?no
If yes,attach full explanation
21 Number of Complaints received during year concerning:
Quality of Service 0
High Bills O
Disconnection 0
22 Numberof Customersinvoluntarily disconnected 0
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 no
and an updated system map
Rev7/99 Page 2
NAME:TROY HOFFMAN WATER CORPORATION
REVENUE &EXPENSEDETAIL
For the Year Ended 2000
ACCT #DESCRIPTION
400 REVENUES
1 460 UnmeteredWater Revenue 24051
2 461.1 Metered Sales -Residential
3 461.2 Metered Sales -Commercial,Industrial
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue
6 465 IrrigationSales Revenue
7 466 Sales for Resale
8 400 Total Revenue (Add Lines 1 -7)24051
(also enter result on Page 4,line 1)
9 *DEQ Fees Billed separatelyto customers Booked to Acct #
10 **Hookup or ConnectionFees Collected Booked to Acct #
11 ***CommissionApproved Surcharges Collected Booked to Acct #
401 OPERATING EXPENSES
12 601.1-6 Labor -Operation&Maintenance
13 601.7 Labor -CustomerAccounts
14 601.8 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 4396
19 618 Chemicals
20 620.1-6 Materials &Supplies -Operation&Maint.632
21 620.7-8 Materials &Supplies -Administrative &General
22 631-34 Contract Services -Professional 7200
23 635 Contract Services -Water Testing 352
24 636 ContractServices-Other 2925
25 641-42 Rentals -Property &Equipment
26 650 TransportationExpense
27 656-59 Insurance
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 RegulatoryComm.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)15505
Rev7/99 Page 3
Name:TROY HOFFMANWATER CORPORATION
INCOME STATEMENT
For Year Ended 2000
ACCT #DESCRIPTION
1 Revenue(From Page 3,line 8)24051
2 Operating Expenses (From Page 3,line 33)15505
3 403 DepreciationExpense 62
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 820
9B
9C
9D
10 409.10 Federal IncomeTaxes
11 409.11 State Income Taxes 30
12 410.10 Provisionfor Deferred Income Tax -Federal
13 410.11 Provisionfor Deferred Income Tax -State
14 411 Provision for Deferred Utility Income Tax Credits
15 412 InvestmentTax Credits-Utility
16 Total Expenses from operations before interest (add lines 2-15)16417
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)7634
20 415 Revenues,MerchandizingJobbing and ContractWork
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
26 408.20 OtherTaxes,Non-Utility Operations
27 409-20 IncomeTaxes,Non-Utility Operations
28 Net Non-Utility Income(Add lines 20,22,23 &24 less lines 21,25,26,&27)
29 Gross Income (add lines 19 &28)7634
30 427.3 Interest Exp.on Long-TermDebt
31 427.5 Other Interest Charges
32 NET INCOME(Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)7634
Rev7/99 Page 4
Name:TROY HOFFMANWATER CORPORATION
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 2000
Balance Added Removed Balance
SUB Beginning During During End of
ACCT #DESCRIPTION of Year Year Year Year
1 301 Organization
2 302 Franchises and Consents
3 303 Land &Land Rights 9237 9237
4 304 Structures and Improvements
5 305 Collecting &ImpoundingReservoirs
6 306 Lake,River &Other Intakes
7 307 Wells
8 308 InfiltrationGalleries&Tunnels
9 309 Supply Mains
10 310 Power Generation Equipment
11 311 Power Pumping Equipment 5162 5162
12 320 PurificationSystems
13 330 DistributionReservoirs&Standpipes
14 331 Trans.&Distrib.Mains &Accessories 12643 12643
15 333 Services
16 334 Meters and Meter Installations 1362 1362
17 335 Hydrants
18 336 Backflow PreventionDevices
19 339 Other Plant &Misc.Equipment
20 340 Office Furnitureand Equipment
21 341 Transportation Equipment
22 342 Stores Equipment
23 343 Tools,Shop and Garage Equipment
24 344 LaboratoryEquipment
25 345 Power Operated Equipment
26 346 CommunicationsEquipment
27 347 MiscellaneousEquipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE 28404 28404
(Add lines 1 -28)Enter beginning &end of year totals on Pg 7,Line 1
Rev7/99 Page 5
Name:TROY HOFFMANWATER CORPORATION
ACCUMULATED DEPRECIATIONACCOUNT 108.1 DETAIL
For Year Ended 2000
Depreciation Balance Balance Increase
SUB Rate Beginning End of or
ACCT #DESCRIPTION %of Year Year (Decrease)
1 304 Structures and Improvements
2 305 Collecting &ImpoundingReservoirs
3 306 Lake,River &Other Intakes
4 307 Wells
5 308 InfiltrationGalleries &Tunnels
6 309 Supply Mains
7 310 Power Generation Equipment 6.67 5011 62 62
8 311 Power Pumping Equipment
9 320 PurificationSystems
10 330 Distribution Reservoirs&Standpipes
11 331 Trans.&Distrib.Mains &Accessories 5698 5698
12 333 Services
13 334 Meters and Meter Installations
14 335 Hydrants
15 336 Backflow Prevention Devices
16 339 Other Plant &Misc.Equipment
17 340 Office Furnitureand Equipment
18 341 Transportation Equipment
19 342 Stores Equipment
20 343 Tools,Shop and Garage Equipment
21 344 LaboratoryEquipment
22 345 Power Operated Equipment
23 346 CommunicationsEquipment
24 347 MiscellaneousEquipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 -25)10709 10771 62
Enter beginning&end of year totals on Pg 7,Line 7
Rev7/99 Page 6
Name:TROY HOFFMANWATER CORPORATION
BALANCE SHEET
For Year Ended 2000
ASSETS Balance Balance Increase
Beginning End of or
ACCT #DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service (From Pg 5,Line 29)28404 28404
2 102 Utility Plant Leased to Others
3 103 Plant Held for Future Use
4 105 ConstructionWork in Progress
5 114 Utility Plant Aquisition Adjustment
6 Subtotal (Add Lines 1 -5)28404 28404
7 108.1 Accumulated Depreciation(From Pg 6,Line 26)10709 10771
8 108.2 Accum.Depr.-Utility Plant Lease to Others
9 108.3 Accum.Depr.-Property Held for Future Use
10 110.1 Accum.Amort.-Utility Plant in Service
11 110.2 Accum.Amort.-Utility Plant Lease to Others
12 115 AccumulatedAmortization-Aquisition Adj.
13 Net Utility Plant (Line 6 less lines 7 -12)17695 17633
14 123 Investment in Subsidiaries
15 125 Other Investments
16 Total Investments(Add lines 14 &15)
17 131 Cash 8897 14093 5196
18 135 Short Term Investments
19 141 Accts/Notes Receivable-Customers
20 142 Other Receivables 4802 4802
21 145 Receivablesfrom Associated Companies
22 151 Materials &Supplies Inventory
23 162 Prepaid Expenses
24 173 Unbilled (Accrued)Utility Revenue
25 143 Provisionfor UncollectableAccounts
26 Total Current (Add lines 17 -24 less line 25)
27 181 UnamortizedDebt Discount &Expense
28 183 PreliminarySurvey &InvestigationCharges
29 184 Deferred Rate Case Expenses
30 186 Other Deferred Charges
31 Total Assets (Add lines 13,16 &26 -30)31394 36528 5134
Rev7/99 Page 7
Name:TROY HOFFMANWATER CORPORATION
BALANCE SHEET
For Year Ended 2000
LIABILITIES &CAPITAL Balance Balance Increase
Beginning End of or
ACCT #DESCRIPTION of Year Year (Decrease)
1 201-3 Common Stock 5000 5000
2 204-6 Preferred Stock
3 207-13 MiscellaneousCapital Accounts 2914 2914
4 214 Appropriated Retained Earnings
5 215 UnappropriatedRetained Earnings 8121 15755 7634
6 216 Reacquired Capital Stock
7 218 ProprietaryCapital
8 Total Equity Capital (Add Lines 1-5+7 less line 6)16035 23669 7634
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long -Term Debt
12 231 Accounts Payable
13 232 Notes Payable 2500 -2500
14 233 Accounts Payable -Associated Companies
15 235 Customer Deposits (Refundable)
16 236.11 Accrued Other Taxes Payable
17 236.12 Accrued Income Taxes Payable
18 236.2 Accrued Taxes -Non-Utility
19 237-40 Accrued Debt,Interest&Dividends Payable
20 241 Misc.Current &Accrued Liabilities
21 251 UnamortizedDebt Premium
22 252 Advances for Construction
23 253 Other Deferred Liabilities
24 255.1 Accumulated InvestmentTax Credits -Utility
25 255.2 Accum.Investment Tax Credits -Non-Utility
26 261-5 Operating Reserves
27 271 Contributions in Aid of Construction
28 272 Accum.Amort.of Contrib.in Aid of Const.**12859 12859
29 281-3 Accumulated Deferred Income Taxes
30 Total Liabilities (Add lines 9 -29 15359 12859 -2500
31 TOTAL LIAB &CAPITAL (Add lines 8 &30)31394 36528 5134
**Only if Commission Approved
Rev7/99 Page 8
Name:TROY HOFFMAN WATER CORPORATION
STATEMENT OF RETAINED EARNINGS
For Year Ended 2000
1 Retained EarningsBalance @ Beginningof Year 8121
2 Amount Added from Current Year Income (From Pg 4,Line 32)7634
3 Other Credits to Account
4 DividendsPaid or Appropriated
5 Other Distributionsof Retained Earnings
6 Retained EarningsBalance @ End of Year 15755
CAPITAL STOCK DETAIL
No.Shares No.Shares Dividends
7 Description (Class,Par Value etc.)Authorized Outstanding Paid
Common,$1.00 par 5000 5000 0
DETAIL OF LONG-TERM DEBT
Interest Year-end Interest Interest
8 Description Rate Balance Paid Accrued
Rev7/99 Page 9
Name:TROY HOFFMANWATER CORPORATION
SYSTEM ENGINEERINGDATA
For Year Ended 2000
1 Providean updatedsystem map if significant changes have been made to the system during the year.
2 Water Supply:Type of Water
Treatment:Supply
Rated (None,Chlorine Annual Source
Capacity Fluoride Production (Well,Spring,
Pump Designationor location (gpm)Filter etc.)(000's Gal.)Surface Wtr)
Pumphouse,corner of Hoffman Avenus #1 300 None Well
and Anne Street #2 190 None
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres-(Wood,Steel
Storage Designationor Location Gal.Gal.urized,Boosted)Concrete)
Pumphouse,Hoffman &Anne St.490 gpm 7 Pressurized Steel
(Duplicate form and attach if necessary.Asterisk facilities added this year.)
Rev7/99 Page 10
Name:TROY HOFFMANWATER CORPORATION
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 2000
4 Pump informationfor ALL system pumps,including wells and boosters.
Rated Discharge Energy
Designation or Location Horse Capacity Pressure Used
&Type of Pump**Power (gpm)(psi)This Year
Cornerof Hoffman &Anne 30 300
Turbine
Corner of Hoffman &Anne 20 190
Submersible
**Submit pump curves unless previously provided or unavailable.Asterisk tacilities added this year.
Attach additional sheets if inadequate space is available on this page.
5 If Wells are metered:N/A
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 If customers are metered,what was the total amount sold in peak month?unknown
7 Was your system designed to supply fire flows?yes
If Yes:What is current system rating?unknown
8 How many times were meters read this year?
Duringwhich months?
9 How many additional customers could be servedwith no system improvements
except a service line and meter?
How many of those potential additions are vacant lots?
10 Are backboneplant additions anticipated during the coming year?no
If Yes,attach an explanationof projects and anticipated costs!
11 In what year do you anticipate that the system capacity (supply,storage or distribution)
will have to be expanded?
Rev7/99 Page 11
Name:TROY HOFFMAN WATER CORPORATION
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 2000
FEET OF MAINS
In Use Installed Abandoned In Use
1 Pipe Beginning During During End of
Size Of Year Year Year Year
8"Code 1600 1600
6"3850 3850
4"2263 2263
6"3040 3040
4"1237 1237
CUSTOMERSTATISTICS
Number of Customers ThoEsandsof Gallons Sold
This Last This |Last
Year I Year Year Year
2 Metered:
2A Residential 144 144
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 8)144 144
Rev7/99 Page 12
CERTIFICATE
State of Idaho )
)ss
County of Kootenai )
WE,the undersigned_H.James Magnuson
and
of the Troy Hoffman Water Corporation
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 examinedsame,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,informationand belief.
hief Officer)
Of ce in Cha of Accounts)
Subscribed and Sworn to Before Me
this day of
OTARY PUBLIC
My Commission Expires OF
gdk/excelljnelsonlanulrpts/wtrannualrpt
Rev7/99 Page 13