2013Annual Report.pdf

TRH*W
AT{I{(IAL REPORT..
OF
Troy Hoffman Water Corporation
NAME
710 W. Dalton Avenue, Suite J
Coeurd'Alene, lD 83815
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2013
ANNUAL REpoRT FoR WATER UTILITIES To rHE rDAHo puBLrc urrLrrIES coMMISSIoN i,r' ,'' I , -i '" l: i i1
FORTHE YEAR ENDING 2OT3
COMPANY INFORMATION
1 Give full name of utility
2 Date of Organization
Troy Hoffman Water Corporation
November L7, L973
3 Organized under the laws of the state of Idaho
4 Address of Principal Office (number & street) 710 W Dalton Ave, Suite J
5 P.O. Box (if applicable)
6 City
7 State
8 Zip Code
9 Organization (proprietor, partnership, corp.) Corporation
10 Towns, Counties served Coeur d'Alene, Kootenai County
11 Are there any affiliated companies? (yes or no) No
If yes, attach a list with names, addresses & descriptions. Explain any services provided to the utility.
t2 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 made
to the service area during the year? No
If yes, attach a list with names, addresses & descriptions, Explain any services provided to the utility.
t4 Where are the Company's books and records kept?
Street Address 710 W Dalton Ave, Suite B
Coeur d'Alene
ID
83815
Name Phone No.
City
State
zip
Coeur d'Alene
ID
Ron 208-664-98s8
Ken Murren 208-654-9858
All Service Electric 208-664-9858
Ron 208-654-98s8
All Service Electric 208-664-9858
2013 Annual Report
83815
Lof13
I Service & Northstar
n Ended L2/3L/20L4
arious $1,920/mo
ANNUAL REPORT FOR WATER UTILITIES TO THE
NAME: Troy Hoffman Water Corporation
coM PANY TNFORMATION (Cont.)
IDAHO PUBLIC UTILTTIES COMMISSION
For the Year Ended
Yes
2013
15 Is the system operated or maintained under a service contract?
15 If yes: With whom is the contract? All Service Electric
When does the contract expire?
What services and rates are included?
17 Is water purchased for resale through the system'No
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? No
If yes, attach full explanation
2L Number of Complaints recelved during year concerning:
Quality of Service
High Bills
Disconnection
Nu m ber of Customers i nvoluntarily d isconnected
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
Gallons/CCF $Amount
I
22
23
Jan 2OL4
2013 Annual Report 2of 73
ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO PUBUC UTILITIES COMMISSION
NAME:Troy Hoffman Water Corporation
REVENUE & EXPENSE DETAIL For the Year Ended
SUB ACCT DESCRIPTION
20t3
1 460
2 46t.L
3 46L.2
4 462
5 464
6 46s
7 466
8 +oo
4OO REVENUES
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)
$ 37,265.00
$ 6ss.o0
9
10
11
Booked
Booked
Booked
$ 37,920.00
to Acct #
to Acct #
to Acct #
* DEQ Fees Billed separately to customers
** Hookup or Connection Fees Collected
***Commission Approved Surcharges Collected
401 OPERATING EXPENSES
12 601.1-6 Labor - Operation & Maintenance $ 8,478.00
13 601.7 Labor - Customer Accounts
74 601.8 Labor - Administrative & General _
15 603 Salaries, Officers & Directors $ 4,500.00
16 604 Employee Pensions & Benefits
L7 610 Purchased Water
18 61s-16 Purchased Power & Fuel for Power $ 6,501.00
19 618 Chemicals
20 620.1-6 Materials & Supplies - Operation & Maint. $ 506.00
2L 620.7-8 Materials & Supplies - Administrative & General g 845.00
22 631-34 Contract Services - Professional $ 5,245.00
23 63s Contract Services - Water Testing $ 690.00
24 636 Contract Services - Other
25 641-42 Rentals - Property & Equipment $ 3,600.00
26 6s0 Transportation Expense $ 360.00
27 6s6-se Insurance g 27.00
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 Regulatory Comm. Exp. (Other except taxes)
31 670 Bad Debt Expense
32 67s Miscellaneous _
^.3^3- . , ^ Total Operating Expenses (Add lines L2 - 32, also enter on pg 4, line 2) $ 30,752.00luIS Annuat Keport 3of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
INCOME STATEMENT
SUB ACCT DESCRIPTION
For the Year Ended 2013
$ 37,920.001 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 +oe.ro Regulatory Fees (PUC)
7 }B.LL Property Taxes
8 408.12 Payroll Taxes
9A 408.13 Other Taxes ltist; DEQ Fees
98 State Building Fund
$ 30,752.00
$ 1,778.00
$ 8s.00
$ 723.00
$ 73s.oo
$ 10.00
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes
t2 410.10 Provision for Deferred Income Tax - Federal
13 410.11 Provision for Deferred Income Tax - State
L4 4Lt Provision for Deferred Utility Income Tax Credits
15 4t2 Investment Tax Credits - Utility
$ 10.00
15 Total Expenses from operations before interest (add rines 2-15) $ 34,og3.oo
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 tess tine 16)
20 415 Revenues, Merchandizing Jobbing and Contract Work
21 4L6 Expenses, Merchandizing, Jobbing & Contracts
22 419 Interest & Dividend Income
23 42o Allowance for Funds used During Construction
24 42t Miscellaneous Non-Utility Income
25 426 Miscellaneous Non-Utility Expense
26 408.20 Other Taxes, Non-Utility Operations
27 409-20 Income Taxes, Non-Utility Operations
28 Net Non-Utility Income (Add lines 20,22,23 & 24 tess tines 2r,25,26, &.27)
29 Gross Income (add lines 19 & 28)
30 427.3 Interest Exp. on Long-Term Debt
31 427.s Other Interest Charges
32 NET INCOME (Line 29 less lines 30 & 31), (Atso Enter on pg 9, Line 2)
2013 Annual Report
$ 3,827.00
$-
$ 3,827.00
$ 2,223.00
$ 1,604.00
4of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCOUNT 101 PI.ANT IN SERVICE DETAIL
SUB ACCT DESCRIPTION
Balance
Beginning
of Year
$ 9,272.OO
$ 2,700.00
40,795.00
9,498.00
$ 1,362.00
$ 63,627.00
For the Year Ended
Added
During
Year
2013
Removed
During
Year
Balance
End of
Year
1
2
3
4
5
6
7
8
9
10
11
t2
13
74
15
16
L7
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
34r
342
343
344
345
346
347
348
Organization
Franchises and Consents
Land & Land Rights
Structures and Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
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 Equi pment
Communications Equipment
Miscellaneous Equipment
Other Tang ible Property
TOTAL PI.ANT IN SERVICE
9,272.OO
(Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line 1
2013 Annual Report 5of13
ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO
NAME: Troy Hoffman Water Corporation
ACCUMUI-ATED DEPRECIATION ACCOUNT 108,1 DETAIL
PUBLIC UTILITIES COMMISSION
For the Year Ended
Balance Balance
Beginning End of
of Year Year
20L3
Depreciation
Rate
o/o
2.90/o
4.59o/o
l.7o/o
2.90/o
Increase
or
Decrease
1
2
3
4
5
6
7
8
9
10
11
t2
13
L4
15
16
77
18
19
20
2L
22
23
24
25
26
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
DESCRIPTION
Structures and Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
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 Equ ipment
Miscellaneous Equipment
Other Tangible Property
TOTALS (Add Lines 1 - 2s)
Enter beginning & end of year totals on Pg 7, Line 7
2013 Annual Report 6of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
BAI.ANCE SHEET
ASSETS
SUBACCT DESCRIPTION
For the Year Ended
Balance
Beginning
2013
Balance Increase
End of or
1
2
3
4
5
6
7
8
9
10
11
72
13
t4
15
16
t7
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
AccT DESCRIPTION of Year Year (Decrease
101 Utility Plant in Service (From Pg s, Line 29) $ 63,627.00
Lo2 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
7t4 Utility Plant Aquisition Adjustment
subtotal (Add Lines 1 - s) $ ,r,r- *
108.1 Accumulated Depreciation (From P9 6, Line 26) $ 14,016.00
108.2 Accum. Depr. - Utility Plant Lease to Others
108.3 Accum. Depr. - Property Held for Future Use
110.1 Accum. Amort. - Utility Plant in Service
110.2 Accum. Amort. - Utility Plant Lease to Others
11s Accumulated Amortization - Aquisition Adj.
Net Utility Plant lune 6 less lines 7 - 12) $ 49,611.00
L23 Investment in Subsidiaries
L25 Other Investments
Total Investments (Add lines 14 & 15) $ -
131 Cash $ 715.00
135 Short Term Investments
r4L Accts/Notes Receivable - Customers
142 Other Receivables $ (rr"al
145 Receivables from Associated Companies
ls1 Materials & Supplies Inventory
162 Prepaid Expenses
t73 Unbilled (Accrued) Utility Revenue
143 Provision for Uncollectable Accounts
Total Current (Add lines t7 - z4,less line 25) $ 688.00
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) $ 50,299.00
$ 63.627.00 $
$
$
$
$
$ 63,627.00 $
$ 16.161.00 $ 2,145.00
$
$
$
$
$
$ 47.466.00 $ (2.145.00)
$
$
$$
$ 2,187.00 $ L,472.OO
$
$
$ (s5.00)$ (29.00)
$
$
$
$
$
$ 2,131.00 $ 1,443.00
$
$
s
$
$ 49,597.00 $ (702.00)
2013 Annual Report 7olL3
ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME:Troy Hoffman Water Corporation
BAI-ANCE SHEET For the Year Ended 20L3
1
2
3
4
5
6
7
I
9
10
11
L2
13
74
15
16
t7
18
19
20
21
22
23
24
25
26
27
28
29
30
31
SUB ACCT
LIABILITIES & CAPITAL
DESCRIPTION
201-3 Common Stock
204-6 Preferred Stock
207-L3 Miscellaneous Capital Accounts
2L4 AppropriatedRetainedEarnings
2ts UnappropriatedRetainedEarnings
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-s+7 less line 6)
2zL-2 Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
23t Accounts Payable
232 Notes Payable
233 Accounts Payable - Associated Companies
23s CustomerDeposits(Refundable)
236.11 Accrued Other Taxes Payable
236.t2 Accrued Income Taxes Payable
236.2 Accrued Taxes - Non-Utility
237-40 Accrued Debt, Interest & Dividends Payable
24t Misc. Current & Accrued Liabilities
257 Unamortized Debt Premium
252 Advances for Construction
2s3 Other Deferred Liabilities
2s5.1 Accumulated Investment Tax Credits - Utility
25s.2 Accum. Investment Tax Credits - Non-Utility
261-s Operating Reserves
27L Contributions in Aid of Construction
272 Accum. Amort. of Contrib. in Aid of Const. xx
281-3 Accumulated Deferred Income Taxes
Total Liabilities (Add tines s - 2e)
TOTAL LIABILITIES & CAPITAL ( Add tines 8 & 30)
Balance
Beginning
of Year
$ 5,000.00
4,272.O0
17,639.00)
$ 33,726.00
367.00
46,218.00
Balance
End of
Year
Increase
or
Decrease
.00
** Only if Commission Approved
2013 Annual Report
37,851.00
8of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
STATEMENT OF RETAINED EARNINGS FoT the YeaT Ended 20L3
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year Income (From Ps 4, Line 32)
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance @ End ofYear
CAPITAL STOCK DETAIL
7 Description (Class, Par Value etc.)
Common, $1.00 oar
DETAIL OF LONG-TERM DEBT
$ (17,639.00)
$ 1,604.00
$ (16,035.00)
No. Shares No. Shares Dividends
Interest
Rate
Year-end
Balance
All Service Electric
Northstar -
Ken Murren - the new
for new pump install
for new pump install
re - the new
assumed loan from Ken
201.3 Annual Report 9of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBUC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA 2013
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
Fluoride
Pump Desiqnation or location Filter etc.
se - corner of Hoffman Ave and Anne St
TOTALS
3 System Storage:
For the Year Ended
Usable
Capacity
000's
Gal.
Type of
Reservoir
(Elevated
Pressurized
Boosted)
Water
Supply
Source
(Well, Spring,
Surface Wtr
Construction
(Wood,
Steel
Concretetion or Location
Total
Capacity
000's
Gal.
- corner of Hoffman Ave and Anne St
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
2013 Annual Report 10 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME:Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA ContiNucd FOr thc YCAr ENdEd
4 Pump information for ALL system pumps, including wells and boosters.
2013
Rated
Horse power
Rated
Capacity
Discharge
Pressure
Energy used
this Year
or Location &of Pum
Corner of Hoffman Ave and Anne Street
Submersible
Corner of Hoffman Aven and Anne Street
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? 000's gal.
What was the total amount pumped during peak month? 000's gal.
What was the total amount pumped on the peak day? gal.
If customers are metered, what was the total amount sold in peak month? 000's gal.
Was your system designed to supply fire flows?
If Yes: What is current system rating?
How many times were meters read this year?
During which months?April, June, August and October
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 explanatlon of projects and anticipated costsl
11 In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
Kwh
6
7
10,281,000
Yes
Unknown
Less than 5olo
Less than 3olo
2013 Annual Report
None
11 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA CONtiNuCd FOr thc YCAr ENdCd
FEET OF MAINS
2073
1 Pipe
Size
CUSTOMER STATISTICS
2 Metered:
2A Residential
28 Commercial
2C Industrial
3 Flat Rate:
34 Residential
38 Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
TOTALS (Add tines 2 through 8)
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In USe
End of
Year
2013 Annual Report 12 ot 73
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTIUTIES COMMISSION
CERTIFICATE
state of Idaho
County of Kootenai
)ss
of the Trov Hoffman Water Coro
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.
Subscribed and Sworn to Before Me
WE, the undersigned Ron Stadlev
tnis-I3-a u, *1ffLM , zot4
NOTARY PUBLIC
MyCommission Expires q " i'8
2013 Annual Report
gd k/excelfi nelson/a nu I rpts/wtra n n ua I rpt
13 of 13