2014Annual Report.pdf

ANNUAL REpoRr FoR WATER UTTLITIES To rHE IDAHo puBLIc UTILITIES coMMISSIoN I[,il. i ii: I i ii, , tr I 6
FOR THE YEAR ENDING 2074
COMPANY INFORMATION
1 Give full name of utility
2 Date of Organization
Troy Hoffman Water Corporation
November 71,7973
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 Idaho
8 Zip Code 83815
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.
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 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.
14 Where are the Company's books and records kept?
Street Address 710 W Dalton Ave, Suite B
Coeur d'Alene
State Idaho
Zip 83815
Coeur d'Alene
Name Phone No.
City
Ron 208-664-9858
Ken Murren 208-664-9858
All Service Electric 208-664-9858
Ron Stad 208-664-9858
All Service Electric 208-664-9858
2014 Annual Report 1of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
COMPANY INFORMATION (Cont.)
15 Is the system operated or maintained under a
16 rf yes With whom is the contract?
When does the contract expire?
service contract?
All Service Electric
Ended
For the Year Ended 2074
All Service & Northstar
2015
Various $1
t7
18
What services and rates are included? Boo
Is water purchased for resale through the syste No
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? No
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 received during year concerning:
22
23
Quality of Service
High Bills
Disconnection
Number of Customers involuntarily disconnect€
Date customers last received a copy of the Summary
of Rules required by IDAPA 31.2t.O1.701? Jan 2OL4
Attach a copy of the Summary
24 Did significant additions or retirements from the
Plant Accounts occur during the year? No
If yes, attach full explanation and an updated system map
Gallons/CCF $Amount
I
2014 Annual Report 2olL3
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
REVENUE & EXPENSE DETAIL FOT thc YCAT ENdCd
SUB ACCT DESCRIPTION
20t4
9
10
11
1
2
3
4
5
6
7
8
4OO REVENUES
460 Unmetered Water Revenue
461.1 Metered Sales - Residential
451.2 Metered Sales - Commercial, Industrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
46s Irrigation Sales Revenue
466 Sales for Resale
4oo Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers
** Hookup or Connection Fees Collected
***Commission Approved Surcharges Collected
401 OPERATING EXPENSES
12 601.1 Labor - Operation & Maintenance
13 oor.z Labor - Customer Accounts
L4 602 Labor - Administrative & General
15 603 Salaries, Officers & Directors
16 504 Employee Pensions & Benefits
17 6to Purchased Water
18 61s-1 Purchased Power & Fuel for Power
19 618 Chemicals
20 62o.t Materials & Supplies - Operation & Maint.
2L ozo.t Materials & Supplies - Administrative & General
22 631-3contract Services - Professional
23 fis Contract Services - Water Testing
24 636 Contract Services - Other
25 641-4 Rentals - Property & Equipment
26 650 Transportation Expense
27 656-slnsurance
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
$42 273.OO
Booked to Acct #
Booked to Acct #
Booked to Acct #
$ 12,120.00
$ 6,000,00
6,498.00
$ 1,423.00
$ 801.00
$ 5,713.00
$ 700.00
2,400.00
553.00
42 273.00
33 Total Operating Expenses (Add lines 12 - 32, also enter on pg 4, line 2)2014 Annual Report '
27.OO
35 245.OO 3of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
INCOME STATEMENT
SUBACCT DESCRIPTION
For the Year Ended 2074
1
2
3
4
5
5
7
8
9A
9B
9C
9D
10
11
t2
13
1.4
15
15
1.7
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Revenue (From Page 3, line 8)
Operating Expenses (From Page 3, line 33)
403 DepreciationExpense
406 Amortization, Utility Plant Aquisition Adj.
4o7 Amortization Exp. - Other
+oe.r Regulatory Fees (PUC)
408.1 Property Taxes
+oe.r Payroll Taxes
+oe.r Other Taxes ltist;
State Building Fund
DEQ Fees
+og.r Federal Income Taxes
409.1 State Income Taxes
+ro.r Provision for Deferred Income Tax - Federal
+ro.r Provision for Deferred Income Tax - State
4tL Provision for Deferred Utility Income Tax Credits
4t2 Investment Tax Credits - Utility
Total Expenses from operations before interest (add tines 2-15)
413 Income From Utility Plant Leased to Others
4L4 Gains (Losses) From Disposition of Utility Plant
Net Operating Income (Add lines 1, 17 &18 less line 16)
415 Revenues, Merchandizing Jobbing and Contract Work
416 Expenses, Merchandizing, Jobbing & Contracts
4Ls Interest & Dividend Income
42o Allowance for Funds used During Construction
427 Miscellaneous Non-Utility Income
426 Miscellaneous Non-Utility Expense
408.2 Other Taxes, Non-Utility Operations
+og-z Income Taxes, Non-Utility Operations
Net Non-Utility Income (Add lines 20,22,23 & 24 less lines 21,25,26, & 27)
Gross Income (add tines 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)
42,273.0O
$ 36,245.00
t.778.OO
$ 90.00
$ 787.00
$ 73s.00
$ 10.00
10.00
39 655.00
427
428
$ 2,618.00
$ 2,618.00
$ 2,133.00
485.00
2014 Annual Report 4of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCOUNT 101 PI.ANT IN SERVICE DETAIL 2014
SUB ACCT
Balance
Beginning
of Year
For the Year Ended
Added Removed
During During
Year Year
Balance
End of
Year
1 301
2 3o2
3 303
4 3o4
5 3os
6 306
7 3o7
8 308
9 309
10 310
11 311
L2 320
13 330
14 331
15 333
16 334
t7 33s
18 336
19 33e
20 34o
21 34t
22 342
23 343
24 344
25 34s
26 346
27 347
28 348
DESCRIPTION
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
Distri bution 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 PLANT IN SERVICE
9,272.OO
2.700.00
40.795.O0
1,362.00
29
9,498.00
63 7.00
(Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line 1
2014 Annual Report 5of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL 20t4
Depreciation
Rate
o/o
2.860/o
4.590/o
1.670/o
2.860/o
For the Year Ended
Balance Balance
Beginning End of
of Year Year
Increase
or
(Decrease)SUB ACCT
1 304
2 3os
3 306
4 3o7
5 308
6 3os
7 3to
8 311
9 320
10 330
11 331
12 333
13 334
14 33s
15 336
16 33e
L7 340
18 s+r
1.9 342
20 343
2l tcc
22 34s
23 346
24 341
25 34s
26
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 Equ ipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscel laneous Equipment
Other Tangible Property
TOTALS (Add Lines 1 - 2s)
Enter beginning & end of year totals on Pg 7, Line 7
9.223.OO 1.871.00
2,145.OO
2014 Annual Report 6of13
ANNUAL REPORT FOR WATER UTILITIES TO THE
NAME: Troy Hoffman Water Corporation
BALANCE SHEET
ASSETS
ACCT DESCRIPTION
IDAHO PUBLIC UTILITIES COMMISSION
101 Utility Plant in Service (From Pg 5, Line 29)
ro2 Utility Plant Leased to Others
103 Plant Held for Future Use
1os Construction Work in Progress
tL4 Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)
108 Accumulated Depreciation (From P9 6, Line 26)
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
11s Accumulated Amortization - Aquisition Adj.
Net Utility Plant (une 6 less lines 7 - 12)
r23 Investment in Subsidiaries
t25 Other Investments
Total Investments (Add lines 14 & 15)
131
135
t4L
142
L45
151
t62
t73
143
181
183
184
186
Cash
Short Term Investments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies Inventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Current (Add lines t7 - 24,less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & Investigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30)
For the Year Ended
Balance Balance
Beginning End of
of Year Year
627.O0
63,627.00
16,161.00
47 466.00
187.00
s6.00)
131.00
20L4
Increase
or
DecreaseSUB
1
2
3
4
5
6
7
8
9
10
11
72
13
L4
15
16
L7
18
19
20
2r
22
23
24
25
26
27
28
29
30
31
63,627.00
63,627.00
2,745.OO
45,321.00 2,L45.OO
47.537.OO
2014 Annual Report
$49 597.00
7ofL3
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO
NAME: Troy Hoffman Water Corporation
BAI.ANCE SHEET
LIABILITIES & CAPITAL
DESCRIPTION
PUBLIC UTILITIES COMMISSION
201-3 Common Stock
204-ePreferred Stock
zoz-t Miscellaneous Capital Accounts
274 Appropriated Retained Earnings
21s Unappropriated Retained Earnings
2L6 Reacquired Capital Stock
2LB Proprietary Capital
Total Equity Capital (Add Lines 1-s+7 less tine 6)
zzr-z Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
23t Accounts Payable
232 Notes Payable
233 Accounts Payable - Associated Companies
23s Customer Deposits (Refundable)
z:e.r Accrued Other Taxes Payable
z:o.r Accrued Income Taxes Payable
236 Accrued Taxes - Non-Utility
zsz-q Accrued Debt, Interest & Dividends Payable
241 Misc, Current & Accrued Liabilities
2sL Unamortized Debt Premium
252 Advances for Construction
2s3 Other Deferred Liabilities
zss Accumulated Investment Tax Credits - Utility
2ss Accum. Investment Tax Credits - Non-Utility
zor-s Operating Reserves
27r Contributions in Aid of Construction
272 Accum. Amort. of Contrib. in Aid of Const. x*
281-3 Accumulated Deferred Income Taxes
Total Liabilities (Add tines 9 - 29)
TOTAL LIABILITIES & CAPITAL ( Add tines 8 & 30)
For the Year Ended
Balance Balance
Beginning End of
of Year Year
5,000.00
72.OO
17,967.OO
3L,787.O0
12,859.00
734.00
$ 43,912,00
20t4
Increase
or
DecreaseSUB
1
2
3
4
5
6
7
8
9
10
11
72
13
L4
15
16
77
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
4,272.OO
19.415.00
10,143.00
29,610.00
*x Only if Commission Approved
201"4 Annual Report
35,2L7.00
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 2074
1 Retained Earnings Balance @ 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 Earnings Balance @ End of Year
CAPITAL STOCK DETAIL
7 Description (Class, Par Value etc.)
Common, $1.00 par
$ (17,967.00)
$ 485.00
_$__lIZ91.0E
No. Shares
Interest
Rate
No. Shares
Year-end
Balance
Interest
Paid
Dividends
Interest
Accrued
DETAIL OF LONG-TERM DEBT
8 Description
All Service Electric for new
Northstar-for new pum
Dalton Square - the new
rglqls
2014 Annual Report 9ofL3
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA
1 Provide an updated system map if significant changes have
2 Water Supply:
For the Year Ended
been made to the system
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc. )
during the year.
Type of
Reservoir
(Elevated
Pressurized
Boosted
20t4
Rated
Capacity
(spm)
Water
Supply
Source
(Well, Spring,
Surface Wtr)
Construction
(Wood,
Steel
Concrete)
Pum Desi nation or location
of Hoffman Ave & Anne St
TOTALS
3 System Storage:
Stor nation or Location
Usable
Capacity
000's
Gal.
Pumphouse-corner of Hoffman Ave & Anne St
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
2014 Annual Report 10 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA Continued FOr thE YCAr ENdCd
4 Pump information for ALL system pumps, including wells and boosters.
Rated Rated Discharge
Horse power Capacity Pressure
tion or Location & Type of Pum
Corner of Hoffman Ave & Anne St
Submersible
Corner of Hoffman Ave & Anne St
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 Ye What is current system rating?
How many times were meters read this year?
During which months? April, June, August and October
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!
11 In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
2014
Energy used
this Year
Kwh
6
7
9,990,000
Yes
Unknown
Less than 5olo
Less than 3Yo
No
2014 Annual Report
None
11 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA Continued
FEET OF MAINS
1 Pipe
Size
CUSTOMER STATISTICS
2 Metered:
2A Residential
2B 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 lines 2 throush 8)
IDAHO PUBLIC UTILITIES COMMISSION
For the Year Ended
In Use Installed
Beginning During
Of Year Year
2074
Abandoned In Use
During End of
Year Year
2014 Annual Report 12 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTIUTIES COMMISSION
CERTIFICATE
State of Idaho
)ss
Ron Stadlev
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 utiliW 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
tnis lO a.v or W ,At{
h^Atedrd^
NOTARY PUBLIC
My commission Expires 1l to ltg
county or L.sdtgr\oL I
WE, the undersigned
and
(Chief Officer)
(Officer in Charge of Accounts)
2014 Annual Report 13 of 13