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Home My WebLink About2007Annual Report.pdfANNUAL REPORT OF iRH-0 Troy fli'-f/'A/V !dATer Co~rA/)p¡c NAME fJt7 ~ 2zf8 C¿JéU/ e:'l/elNe .Ie Ý3Ø'/£ ADDRESS TO THE IDAHO PUBLIC UTiliTIES COMMISSION FOR THE YEAR ENDED 2007 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 2007 1 Give full name of utility Telephone (208)664-9858 E-mail address 2 Date of Organization 3 Organized under the laws of the state of 4 Address of Principal Offce (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 affliated companies? NO If yes, attach a list with names, addresses & descriptions. Explain any services provided to the utilty. 12 Contact Information Name President (Owner) Vice President Secretary General Manager Complaints or Biling Engineering Emergency Service Accounting 13 Were any water systems acquired during the year or any additions/deletions madeto the service area during the year? NO If yes, attach a list with names, addresses & descriptions. Explain any services provided to the utilty. 14 Where are the Company's books and records kept? Street Address PO Box 1507 City State Zip Rev 8/01 Phone No Richard Gunther 208664-1461 H. James Magnuson 208 666-1596 Microledger, Inc.208 666-1502 Ron Stadley, All Service Electric 208 664-9858 All-Service Electric 208 666-1502 Hayden Idaho 83815-1507 NAME:TROY HOFFMAN WATER CORPORATION COMPANY INFORMATION (Cont.) For the Year Ended 2007 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? Yes Ron Staley. All Service Electric Open ended Maintenance / metering 17 Is water purchased for resale through the system? 18 If yes: Name of Organization Name of owner or operator Mailng Address City State Zip No 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 Bils 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 No No o o o o No TROY HOFFMAN WATER CORPORATION REVENUE & EXPENSE DETAIL For the Year Ended 2007 DESCRIPTION 400 REVENUES Unmetered Water Revenue Metered Sales - Residential Metered Sales - Commercial, Industrial Fire Protection Revenue NAME: ACCT# 401 OPERATING EXPENSES 12 601.1-6 Labor - Operation & Maintenance 13 601.7 Labor - Customer Accounts 14 601.8 Labor - Administrative & General 15 603 Salaries, Offcers & Directors 16 604 Employee Pensions & Benefits 17 610 Purchased Water 18 615-16 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.1-6 Materials & Supplies - Operation & Maint. 21 620.7-8 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 - Propert & 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) 1 2 3 4 5 6 7 8 460 461.1 461.2 462 464 465 466 400 Other Water Sales Revenue Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) 9 * DEQ Fees Biled separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected Rev 8/01 25996 25996 Booked to Acct # Booked to Acct # Booked to Acet # 10000 6482 60 7296 650 3531 28019 Name:TROY HOFFMAN WATER CORPORATION INCOME STATEMENT For Year Ended 2007 ACCT#DESCRIPTION 1 Revenue (From Page 3, line 8)25996 2 Operating Expenses (From Page 3, line 33)28019 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 9B Real estate tax 9C State building fund 9D 10 409.10 Federal Income Taxes 11 409.11 State Income Taxe.s 12 410.10 Provision for Deferred Income Tax - Federal 13 410.11 Provision for Deferred Income Tax - State 14 411 Provision for Deferred Utilty Income Tax Credits 15 412 Investment Tax Credits - Utilty 16 Total Expenses from operations before interest (add lines 2-15)28019 17 413 Income From Utilty Plant Leased to Others 18 414 Gains (Losses) From Disposition of Utilty Plant 19 Net Operating Income (Add lines 1, 17 &18 less line 16)-2023 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-Utilty Income 25 426 Miscellaneous Non-Utility Expense 26 408.20 Other Taxes, Non-Utilty Operations 27 409-20 Income Taxes, Non-Utilty Operations 28 Net Non-Utilty Income (Add lines 20,22,23 & 24 less lines 21,25,26, & 27) 29 Gross Income (add lines 19 & 28)-2023 30 427.3 Interest Exp. on Long-Term Debt 31 427.5 Other Interest Charges 32 NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)-2023 Rev 8/01 Name: TROY HOFFMAN WATER CORPORATION ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 2007 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 Offce 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 Propert TOTAL PLANT IN SERVICE 28,404 28,404 SUB ACCT# 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 Rev 8/01 DESCRIPTION Balance Beginning of Year Added During Year Removed During Year Balance End of Year (Add lines 1 - 28)Enter beginning & end of year totals on Pg 7, Line 1 Name:TROY HOFFMAN WATER CORPORATION ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL For Year Ended 2007 SUB Depreciation Rate Balance Beginning Balance End of Increase or 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 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 6.67 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 Offce 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 Propert TOTALS (Add Lines 1 - 25)10,860 10,860 Enter beginning & end of year totals on Pg 7, Line 7 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALCE SHEET For Year Ended 2007 ASSETS Balance Beginning Balance End of Increase or 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 ACCT#DESCRIPTION of Year Year (Decrease) . 101 Utilty Plant in Service (From Pg 5, Line 29)28,404 28,404 102 Utilty Plant Leased to Others 103 Plant Held for Future Use 105 Construction Work in Progress 114 Utilty Plant Aquisition Adjustment Subtotal (Add Lines 1 - 5)28404 28404 108.1 Accumulated Depreciation (From Pg 6, Line 26)10860 10860 108.2 Accum. Depr. - Utilty Plant Lease to Others 108.3 Accum. Depr. - Propert Held for Future Use 110.1 Accum. Amort. - Utilty Plant in Service 110.2 Accum. Amort. - Utilty Plant Lease to Others 115 Accumulated Amortization - Aquisition Adj. Net Utilty Plant (Line 6 less lines 7 - 12)17544 17544 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 10453 8430 -2023 135 Short Term Investments 141 AcctslNotes Receivable - Customers 142 Other Receivables 4802 4802 0 145 Receivables from Associated Companies 151 Materials & Supplies Inventory 162 Prepaid Expenses 173 Unbiled (Accrued) Utilty 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 32799 30776 -2023Total Assets (Add lines 13, 16 & 26.30) Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALNCE SHEET For Year Ended 2007 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase or 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 ACCT#DESCRIPTION of Year Year (Decrease) 201-3 Common Stock 5000 5000 204-6 Preferred Stock 207-13 Miscellaneous Capital Accounts 2914 2914 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 12026 10003 -2023 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6)19940 17917 -2023 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 Customer Deposits (Refundable) 236.11 Accrued Other Taxes Payable 236.12 Accrued Income Taxes Payable 236.2 Accrued Taxes - Non-Utilty 237-40 Accrued Debt, Interest & Dividends Payable 241 Misc. Current & Accrued Liabilties 251 Unamortized Debt Premium 252 Advances for Construction 253 Other Deferred Liabilities 255.1 Accumulated Investment Tax Credits - Utilty 255.2 Accum. Investment Tax Credits - Non-Utilty 261-5 Operating Reserves 271 Contrbutions in Aid of Construction 272 Accum. Amort. of Contrib. in Aid of Const. **12859 12859 281-3 Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 TOTAL LIAS & CAPITAL (Add lines 8 & 30)32799 30776 -20231 ** Only if Commission Approved Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION STATEMENT OF RETAINED EARNINGS For Year Ended 2007 1 Retained Earnings Balance cæ Beginning of Year 2 Amount Added from Current Year Income (From Pg 4, Line 32) 3 Other Credits to Account 4 Dividends Paid or Appropriated 5 Other Distributions of Retained Earnings 6 Retained Eamings Balance cæ End of Year 12026 -2023 10003 CAPITAL STOCK DETAIL No. Shares No. Shares Dividends 7 Description (Class, Par Value etc.) Common, $1.00 par Authorized Outstandinq Paid 5000 5000 0 DETAIL OF LONG-TERM DEBT 8 Description Interest Rate Year-end Balance Interest Paid Interest Accrued Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERING DATA For Year Ended 2007 1 Provide an updated system map if significant changes have been made to the system during the year. Rated Capacity Type of Treatment: (None, Chlorine Fluoride Annual Production Water Supply Source (Well, Spring, 2 Water Supply: Pump Desiçination or location (gpm)Filter etc.)(OOO's Gal.)Surface Wtr) Pumohouse, corner of Hoffman Avenue and #1300 None Well Anne Street #2190 None 3 System Storage: Total Capacity OOO's Usable Capacity OOO's Type of Reservoir Construction (Elevated,Pres- (Wood, Steel Storaoe Desionation or Location Gal.Gal.urized. Boosted)Concrete) Pumphouse, Hoffman & Anne St.490 gpm 7 Pressurized Steel (Duplicate form and attach if necessary. Asterisk facilties added this year.) Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERING DATA (continued)For Year Ended 2007 4 Pump information for ALL system pumps, including wells and boosters. Designation or Location Horse Rated Capacity Discharge Pressure Energy Used & Type of Pump**Power (gpm)(psi)This Year Corner of Herran & Anne 30 300 Turbine Corner of Herrman & Anne 20 190 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. 5 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? 6 If customers are metered, what was the total amount sold in peak month?Unknown 7 Was your system designed to supply fire flows? If Yes: What is current system rating? yes unknown 8 How many times were meters read this year? During which months? 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! no 11 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 2007 FEET OF MAINS 1 Pipe Size 8" Code 1600 1600 6"3850 3850 4"2263 2263 6"3040 3040 4"1237 1237 In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year 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 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 Rev 8/01 CERTIFICATE State of Idaho ) ) ss County of Kootenai WE, the undersigned_H. James Magnuson and of the_ Troy Hoffman Water Corporation utilty, on our oath do sever~lIy 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 My Commission Expires ?JJ~lil 0 this~day oLt.ebrtt¡~ , 'UO~~t~.~ NOTARY PUBLIC gdkJexcel/jnelsonianulrptslwlrannualrpl Rev 8/01