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Home My WebLink About201306012001Annual Report.pdfANNUAL REPORT OF TROY HOFFMAN WATER CORPORATION NAME P.O.Box 2288 1250 Northwood Center Court,Suite ACoeurd'Alene,ID 83814 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2001 ANNUAL REPORTFOR WATER UTILITIESTO THE IDAHO PUBLIC UTILITIESCOMMISSION FOR THE YEAR ENDING 2001 COMPANYINFORMATION 1 Give full name of utility TROY HOFFMAN WATER CORPORATION 2 Date of Organization November11,1973 3 Organized underthe laws of the state of IDAHO 4 Address of Principal Office (number &street)1250 NorthwoodCenter Court,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 Coeurd'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 Complaints or Billing Microledger,Inc.208 666-1502 Engineering Emergency Service Ron Stadley,All Service Electric 208 664-9858 Accounting Microledger,Inc.208 666-1502 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 servicesprovidedtotheutility. 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 Rev 8/01 NAME:TROY HOFFMAN WATER CORPORATION COMPANY INFORMATION(Cont.) For the Year Ended 2001 15 Is the system operatedor maintainedunder a service contract?Yes 16 If yes:With whom is the contract?Ron Staley.All Service Electric When does the contract expire?Open ended What services and rates are included?Maintenance/metering 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 disapprovedby the Idaho Departmentof EnvironmentalQuality?No If yes,attach full explanation 20 Has the Idaho Departmentof EnvironmentalQuality recommendedany improvements?No If yes,attach full explanation 21 Numberof Complaintsreceived during year concerning: Quality of Service 0 High Bills O Disconnection 0 22 Number of Customers involuntarilydisconnected 0 23 Date customers last received a copy of the Summary of Rules required by IDAPA 31.21.01.701?No Attach a copy of the Summary 24 Did significantadditions or retirementsfrom the Plant Accounts occur during the year? If yes,attach full explanation and an updated system map Rev 8/01 NAME:TROY HOFFMAN WATER CORPORATION REVENUE &EXPENSE DETAIL For the Year Ended 2001 ACCT#DESCRIPTION 400 REVENUES 1 460 UnmeteredWater Revenue 24057 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 Irrigation Sales Revenue 7 466 Sales for Resale 8 400 Total Revenue (Add Lines 1 -7)24057 (also enter result on Page 4,line 1) 9 *DEQ Fees Billed separately to customers Booked to Acct # 10 **Hookup or Connection Fees Collected Booked to Acct.# 11 ***CommissionApproved SurchargesCollected 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 10000 16 604 Employee Pensions &Benefits 17 610 Purchased Water 4425 18 615-16 Purchased Power &Fuel for Power 19 618 Chemicals 20 620.1-6 Materials &Supplies -Operation &Maint.109 21 620.7-8 Materials &Supplies -Administrative&General 288 22 631-34 Contract Services -Professional 7200 23 635 Contract Services -Water Testing 1396 24 636 Contract Services -Other 2781 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 «--42 33 Total Operating Expenses (Add lines 12 -32,also enter on Pg 4,line 2)26241 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION INCOMESTATEMENT For Year Ended 2001 ACCT#DESCRIPTION 1 Revenue(From Page 3,line 8)24057 2 Operating Expenses (From Page 3,line 33)26241 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 PropertyTaxes 8 408.12 Payroll Taxes 9A 408.13 OtherTaxes (list)DEQ Fees 832 9B 9C 9D 10 409.10 Federal Income Taxes 11 409.11 State Income Taxes 12 410.10 Provisionfor DeferredIncome Tax -Federal 13 410.11 Provisionfor DeferredIncome Tax -State 14 411 Provisionfor DeferredUtility IncomeTax Credits 15 412 InvestmentTax Credits -Utility 16 Total Expenses from operations before interest (add lines 2-15)27135 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)-3078 20 415 Revenues,MerchandizingJobbing and ContractWork 21 416 Expenses,Merchandizing,Jobbing &Contracts 22 419 Interest &Dividend Income 23 420 Allowancefor Funds used During Construction 24 421 MiscellaneousNon-Utility Income 25 426 MiscellaneousNon-Utility Expense 26 408.20 Other Taxes,Non-UtilityOperations 27 409-20 Income Taxes,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)-3078 30 427.3 Interest Exp.on Long-Term Debt 31 427.5 Other InterestCharges 32 NET INCOME(Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)-3078 Rev 8/01 Name:ROY HOFFMANWATER CORPORATION ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 2001 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 Infiltration Galleries &Tunnels 9 309 Supply Mains 10 310 Power Generation Equipment 11 311 Power Pumping Equipment 5162 5162 12 320 Purification Systems 13 330 Distribution Reservoirs&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 Prevention Devices 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 Laboratory Equipment 25 345 Power Operated Equipment 26 346 CommunicationsEquipment 27 347 Miscellaneous Equipment 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 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION ACCUMULATED DEPRECIATIONACCOUNT108.1 DETAIL For Year Ended 2001 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 PowerGenerationEquipment 6.67 5073 6135 62 8 311 Power Pumping Equipment 9 320 Purification Systems 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 PreventionDevices 16 339 Other Plant &Misc.Equipment 17 340 Office Furniture and Equipment 18 341 Transportation Equipment 19 342 Stores Equipment 20 343 Tools,Shop and GarageEquipment 21 344 LaboratoryEquipment 22 345 Power Operated Equipment 23 346 CommunicationsEquipment 24 347 Miscellaneous Equipment 25 348 Other Tangible Property 26 TOTALS (Add Lines 1 -25)10771 10833 62 Enter beginning&end of year totals on Pg 7,Line 7 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALANCE SHEET For Year Ended 2001 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)10771 10833 -62 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)17633 17571 14 123 Investmentin Subsidiaries 15 125 Other Investments 16 Total Investments(Add lines 14 &15) 17 131 Cash 14093 11078 -3015 18 135 Short Term Investments 19 141 Accts/Notes Receivable-Customers 20 142 Other Receivables 4802 4801 -1 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 Preliminary Survey &Investigation Charges 29 184 Deferred Rate Case Expenses 30 186 Other DeferredCharges 31 Total Assets (Add lines 13,16 &26 -30)36Š28 33450 -3078 Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION BALANCE SHEET For Year Ended 2001 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 PreferredStock 3 207-13 Miscellaneous Capital Accounts 2914 2914 4 214 AppropriatedRetained Earnings 5 215 UnappropriatedRetained Earnings 15755 12677 -3078 6 216 ReacquiredCapital Stock 7 218 ProprietaryCapital 8 Total Equity Capital (Add Lines 1-5+7 less line 6)23669 20591 -3078 9 221-2 Bonds 10 223 Advancesfrom Associated Companies 11 224 Other Long -Term Debt 12 231 Accounts Payable 13 232 Notes Payable 14 233 Accounts Payable -Associated Companies 15 235 CustomerDeposits (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 Advancesfor Construction 23 253 Other DeferredLiabilities 24 255.1 Accumulated InvestmentTax Credits -Utility 25 255.2 Accum.InvestmentTax Credits -Non-Utility 26 261-5 OperatingReserves 27 271 Contributionsin 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 31 TOTAL LIAB &CAPITAL (Add lines 8 &30)36528 33450 -3078 **Only if Commission Approved Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION STATEMENT OF RETAINEDEARNINGS For Year Ended 2001 1 Retained Earnings Balance @ Beginningof Year 15755 2 Amount Added from CurrentYear Income (From Pg 4,Line 32)-3078 3 Other Credits to Account 4 Dividends Paid or Appropriated 5 Other Distributionsof Retained Earnings 6 RetainedEarnings Balance @ End of Year 12677 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-TERMDEBT Interest Year-end Interest Interest 8 Description Rate Balance Paid Accrued Rev8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERINGDATA For Year Ended 2001 1 Providean updated system 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 HoffmanAvenue and #1 300 None Well Anne Street #2 190 None 3 System Storage: Total Usable Type of Capacity Capacity Reservoir Construction 000's 000's (Elevated,Pres-(Wood,Steel StorageDesignationor 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.) Rev 8/01 Name:TROY HOFFMANWATER CORPORATION SYSTEM ENGINEERINGDATA (continued) For Year Ended 2001 4 Pump informationfor ALL system pumps,including wells and boosters. Rated Discharge Energy Designationor Location Horse Capacity Pressure Used &Type of Pump**Power (ppm)(psi)This Year Cornerof Horrman &Anne 30 300 Turbine Corner of Horrman &Anne 20 190 Submersible **Submit pump curves unless previously provided or unavaiiable.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 pumpedthis 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 designedto supply fire flows?yes If Yes:What is current system rating?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?no If Yes,attach an explanation of projects and anticipated costs! 11 In what year do you anticipate that the system capabitý (suppl),sforage or distribution) will have to be expanded? Rev 8/01 Name:TROY HOFFMAN WATER CORPORATION SYSTEM ENGINEERINGDATA (continued) For Year Ended 2001 FEET OF MAINS In Use Installed Abandoned in Use i 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 Numberof Custcmers Thousands of Gallons Sold This Last This Last Year 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 OtherWater Utilities TOTALS (Add lines 2 through 8)1 4 144 Rev 8/01 CERTIFICATE State of Idaho ) )ss County of Kootenai ) WE,the undersigned H.James Magnuson and of the_Troy HooffmanWater Corporation utility,on our oath do severally say that the foregoing report has been prepared under our direction, from the originalbooks,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,informationand belief. (C f Officer) (Officer in Charge of Accounts) Subscribedand Sworn to Before Me My ComTRPUExLli es ' gdk/excelljnelsonlanulrpts/wtrannualrpt Rev 8/01