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Home My WebLink About2003Annual Report.pdf. ':)" ,. it ANNUAL REPORT c: ~ '"'11?:.i-i c;;::.""- ri.c:-" I" ("')~-- -S- ~: ~~ :2-rI - f'Ti(/"'1 c::JP . 0 . BOX 22 8 8 C; -.-, 1250 NORTHWOOD CENTER COURT, SUITE A ::' COEUR D' ALENE, ID 83816 I~~ ';1!: , -- ()i) .' "' ' ~ O~ TROY HOFFMAN WATER CORPORATION NAME' ADDRESS TO THE A H Q-IJ-~I€- ,- -----,--....,----..--,--- UTiliTIES COMMISSION, FOR THE YEAR ENDED 2003 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENrnNG ~ro 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 TROY HOFFMAN WATER CORPORATION November 11 , 1973 IDAHO 1250 Northwood Center Court, Suite A 2288 Coeur d'Alene IDAHO 83814 Corporation Coeur d'Alene, Kootenai County 11 Are there any affiliated companies? If yes, attach a list with names, addresses & descriptions. provided to the utility. 12 Contact Information 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 madeto 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 1103 Best Avenue, Suite ACity Coeur d'AleneState Zip Rev 8/01 Explain any services Name Phone No. Richard Gunther 208664-1461 H. James Maqnuson 208666-1596 Microledger, Inc.208666-1502 Ron Stadley, All Service Electric 208 664-9858 Microledqer, Inc.208666-1502 NAME:TROY HOFFMAN WATER CORPORATION COMPANY INFORMATION (Cont.) For the Year Ended 2003 15 Is the system operated or maintained under aservice contract? Yes 16 If yes: With whom is the contract? Ron S aley. All Service Electric When does the contract expire? Open ended What services and rates are included? Maintenance / metering 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 Rev 8/01 Gallons/CCF $Amount NAME:TROY HOFFMAN WATER CORPORATION REVENUE & EXPENSE DETAIL For the Year Ended 2003 DESCRIPTION 400 REVENUES ACCT # Unmetered Water Revenue Metered Sales - Residential Metered Sales - Commercial , Industrial Fire Protection Revenue Other Water Sales Revenue Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected 460 461. 461. 462 464 465 466 400 26335 401 OPERATING EXPENSES 12 601.6 Labor - Operation & Maintenance 13 601.Labor - Customer Accounts 14 601.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 19 618 Chemicals 20 620.6 Materials & Supplies - Operation & Maint. 21 620.8 Materials & Supplies - Administrative & General 22 631-34 Contract Services - Professional 23 635 Contract Services - Water Testing 24 636 Contract Services - Other 25 641-42 Rentals - Property & Equipment 26 650 Transportation Expense 27 656-59 Insurance 28 660 Advertising 29 666 Rate Case Expense (Amortization) 30 667 Regulatory Comm. 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) 12000 26335 Booked to Acct # Booked to Acct # Booked to Acct # 5943 308 7243 2197 2700 Rev 8/01 30391 Name: ACCT # TROY HOFFMAN WATER CORPORATION INCOME STATEMENT For Year Ended 2003 DESCRIPTION 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. 409- Rev 8/01 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 (PUC) Property Taxes Payroll Taxes Other Taxes (list) Real estate tax 30391 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) 26335 442 603 344 31780 5445 5445 5445 Name: TROY HOFFMAN WATER CORPORATION ACCOUNT 101 PLANT IN SERVICE DETAILFor Year Ended 2003 301 Organization 302 Franchises and Consents 303 Land & Land Rights 9237 9237 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 5162 5162 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 12643 12643 333 Services 334 Meters and Meter Installations 1362 1362 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 TOTAL PLANT IN SERVICE 28404 28404 SUB ACCT # Rev 8/01 DESCRIPTION Balance Beginning of Year Added During Year (Add lines 1 - 28) Removed During Year Balance End of Year Enter beginning & end of year totals on Pg 7, Line 1 Name:TROY HOFFMAN WATER CORPORATION For Year Ended 2003 ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL SUB Depreciation Rate Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 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 5162 5162 311 Power Pumping Equipment 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 5698 5698 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)10860 10860 Enter beginning & end of year totals on Pg 7, Line 7 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALANCE SHEET For Year Ended 2003 ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 101 Utility Plant in Service (From Pg 5, Line 29)28404 28404 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)28404 28404 108.Accumulated Depreciation (From Pg 6, Line 26)10860 10860 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)17544 17544 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 18573 10912 7661 135 Short Term Investments 141 Accts/Notes Receivable - Customers 142 Other Receivables 4801 7017 2216 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)40918 35473 5445 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALANCE SHEET For Year Ended 2003 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 201-Common Stock 5000 5000 204-Preferred Stock 207-Miscellaneous Capital Accounts 2914 2914 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 20145 14700 5445 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6)28059 22614 5445 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 237-40 Accrued Debt, Interest & Dividends Payable 241 Misc. Current & Accrued Liabilities 251 Unamortized Debt Premium 252 Advances for Construction 253 Other Deferred Liabilities 255.Accumulated Investment Tax Credits - Utility 255.Accum. Investment Tax Credits - Non-Utility 261-Operating Reserves 271 Contributions in Aid of Construction 272 Accum. Amort. of Contrib. in Aid of Const. **12859 12859 281-Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 TOTAL LlAB & CAPITAL (Add lines 8 & 30)40918 35473 54451 ** Only if Commission Approved Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION STATEMENT OF RETAINED EARNINGS For Year Ended 2003 Retained Earnings Balance (Q) 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 (Q) End of Year 20145 5445 14700 CAPITAL STOCK DETAIL No. Shares Description (Class, Par Value etc. Common, $1.00 par No. Shares Dividends P 'A th ' donze utstan Ing 5000 5000 DETAIL OF LONG-TERM DEBT escnptlon ate Balance Paid Accrued Interest Rev 8/01 Year-end InterestInterest Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERING DATA For Year Ended 2003 Provide an updated system map if significant changes have been made to the system during the year. Water Supply: Rated Capacity Type of Treatment: (None, Chlorine Fluoride Annual Production Water Supply Source (Well , Spring, Pump Designation or location (gpm)Filter etc.(OOO's Gal.)Surface Wtr) Pumphouse, corner of Hoffman Avenue and #1 300 None Well Anne Street #2 190 None System Storage: Total Capacity OOO' Usable Capacity OOO' Type of Reservoir Construction (Elevated, Pres- (Wood, Steel Storage Designation or Location Gal.Gal.urized , Boosted)Concrete) Pumphouse, Hoffman & Anne St.490 qpm 7 Pressurized Steel (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERING DATA (continued)For Year Ended 2003 Pump information for ALL system pumps, including wells and boosters. Designation or Location Rated Capacity Energy UsedHorse Discharge Pressure & Type of Pump Power (qpm)(psi)This Year Corner of Horrman & Anne 300 Turbine Corner of Horrman & Anne 190 Submersible ** 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?Unknown Was your system designed to supply fire flows? If Yes: What is current system rating? yes unknown 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? 10 Are backbone plant additions anticipated during the coming year? If Yes, attach an explanation of projects and anticipated costs! In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded? Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERING DATA (continued)For Year Ended 2003 FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year 8" Code 1600 1600 3850 3850 2263 2263 3040 3040 1237 1237 CUSTOMER STATISTICS Number of Customers Thousands of Gallons Sold TOTALS (Add lines 2 through 8) This Last This Last Year Year Year Year 144 144 144 144 Metered: Residential Commercial Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal , Other Other Water Utilities Rev 8/01 CERTIFICATE State of Idaho ) ss County of Kootenai , the undersigned H. James Magnuson and of the- Troy Hooffman 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 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. (Officer in Charge of Accounts) this qtb day o rr\cU1C~UiJ..f gd kI excel/j nelsonlanu I rpts/wtran nual rpt Subscribed and Sworn to Before Me ~~, e J NOTARY PUBLIC My Commission Expires Rev 8/01