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Home My WebLink About2017Annual Report.pdfTRH-(^) AIilYIIAL REPORT OF TROY HOFFMAN WATER CORPORATION 710 W. DALTON AVENUE, SUITE J COEUR D'ALENE |DAHO 83815 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2017 NAME P.ICilIVED ANNUAL REpoRr FoR wArER urrurrEs ro rHE rDAHo puBuc urrLmES coMMrssro|filS f'PR l5 Atl 9: 57 FOR THE YEAR ENDING 2017 rlil COMPANY INFORMATION 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 Troy Hoffman Water Corporation November 11 1973 Idaho 710 W Dalton Ave, Suite J Coeur d'Alene Idaho 83815 Phone No. Ron Ken Mu All All Coeur d'Alene Idaho Corporation Coeur d'Alene, Kootenai County 11 Are there any affiliated companies? (yes or no)No If yes, aftach a list with names, addresses & descriptions. Explain any services provided to the utility 12 Contact Information Name 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 City State zip 208-664-9858 208-664-9858 208-664-9858 208-664-9858 208-664-9858 Copy of 2017 Annual Report Assistance 83815 Lof13 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation COMPANY INFORMATION (Cont.) For the Year Ended 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? All Service Electric Ended 2017 All Service & Northstar Ended Various$352/mo 17 Is water purchased for resale through the syster 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 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? If yes, attach full explanation No 21 Number of Complaints received during year concerning: Quality of Service High Bills Disconnection 22 Number of Customers involuntarily disconnectec 23 Date customers last received a copy of the Summary of Rules required by IDAPA 3L.21.O7.7O1? 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 0 0 0 0 June 2017 Copy of 2017 Annual Report Assistance 2of13 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION NAME: Troy Hoffman Water Corporation REVENUE & EXPENSE DETAIL For the Year Ended SUB ACCT DESCRIPTION 20L7 4OO REVENUES 7 460 Unmetered Water Revenue 2 qot.t Metered Sales - Residential 3 qot.z 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 4oo Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) 9 * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 *xxCommission Approved Surcharges Collected 401 OPERATING EXPENSES 12 601.1 Labor - Operation & Maintenance 13 601.7 Labor - Customer Accounts 14 602 Labor - Administrative & General 15 603 Salaries, Officers & Directors 16 604 Employee Pensions & Benefits 77 610 Purchased Water 18 61s-1 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.r Materials & Supplies - Operation & Maint 21 620.7 Materials & Supplies - Administrative & General 22 esr-: Contract Services - Professional 23 63s Contract Services - Water Testing 24 636 Contract Services - Other 25 641-4 Rentals - Property & Equipment 26 650 Transportation Expense 27 656-5 Insurance 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 33 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2) Copy of 2017 Annual Report Assistance $ 45,956,18 Booked to Acct # Booked to Acct # Booked to Acct # $ 12,340.00 $ 6,000.00 $ 6,700.00 $ 1,176.00 $ 911.00 $ 5,753.00 $345,00 $ 9,600,00 $ s63.00 $ $ 45,956.18 57.00 $ 43,445.OO 3 of 1.3 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION NAME: Troy Hoffman Water Corporation INCOME STATEMENT For the Year Ended SUBACCT DESCRIPTION 1 2 3 4 5 6 7 8 9A 9B 9C 9D 10 11 t2 13 14 15 16 t7 18 19 20 2t 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 Depreciation Expense 406 Amortization, Utility Plant Aquisition Adj. 4o7 Amortization Exp. - Other +oa.r Regulatory Fees (PUC) 408,1 Property Taxes +os.r Payroll Taxes +oe.r Other Taxes (tist) DEQ Fees State Building Fund +og.r Federal Income Taxes 409.1 State Income Taxes +ro.r Provision for Deferred Income Tax - Federal 410.1 Provision for Deferred Income Tax - State 4tt Provision for Deferred Utility Income Tax Credits 4L2 Investment Tax Credits - Utility $ 43,445.00 $ 1,779.00 $97.00 $ 396,00 $ 73s.00 $10.00 $10.00 $ 45,956.18 2077 $ (s1s.82) $ $ (s1s.82) $ 1,657.00 $ (2,t72.82) Total Expenses from operations before interest (add lines 2-15) 473 Income From Utility Plant Leased to Others 4r4 Gains (Losses) From Disposition of Utility Plant Net Operating Income (Add lines 1, 17 &18 less line 16) 4ts Revenues, Merchandizing Jobbing and Contract Work 4L6 Expenses, Merchandizing, Jobbing & Contracts 4t9 Interest & Dividend Income 420 Allowance for Funds used During Construction 421 Miscellaneous Non-Utility Income 426 Miscellaneous Non-Utility Expense +oe.z Other Taxes, Non-Utility Operations 409-2 Income Taxes, Non-Utility Operations Net Non-Utility Income (Add lines 20,22,23 & 24 less lines 21,25,26, &.27) Gross Income (add lines 19 & 28) 427 Interest Exp. on Long-Term Debt 428 Other Interest Charges NET INCOME (Line 29 less lines 30 & 31), (Also Enter on Pg 9, Line 2) $ 46,472.00 Copy of 2017 Annual Report Assistance 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 For the Year Ended Added During Year 20L7 Balance Beginning of Year Removed During Year Balance End of Year 1 301 2 3o2 3 303 4 304 5 3os 6 306 7 3o7 8 308 9 309 10 310 11 311 12 320 13 330 14 331 15 333 16 334 17 33s 18 336 19 339 20 340 21 341 22 342 23 343 24 344 25 34s 26 346 27 347 28 348 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 Transpoftation Equipment Stores Equipment Tools, Shop and Garage Equipment Laboratory Equipment Power Operated Equipment Communications Equipment Miscellaneous Equipment Other Tangible Property 9 272.OO 2 700.00 40 795.00 9 00 7,362.00 29 TOTAL PLANT IN SERVICE $53 .00 (Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line 1 $ $ $ 9,272.OO $ 2,700.00 $ $ $ $ $ $ $ 40,795.00 $ $ $ 9,498.00 $ $ 1,362.00 $ $ $ $ $ $ $ $ $ $ $ $ $ $$$ 63,627.00 Copy of 2017 Annual Report Assistance 5of13 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation ACCUMUI-ATED DEPRECIATION ACCOUNT 108.1 DETAIL 2017 Depreciation Rate o/o 2.850/o 4.590/o 1.660/o 2.860/o For the Year Ended Balance Beginning of Year Balance End of Year Increase or SUB ACCT 1 304 2 30s 3 306 4 3o7 5 308 6 309 7 3t0 8 311 9 32o 10 330 11 331 t2 333 13 334 74 33s 15 336 16 33e 77 34o 18 34t 19 342 20 343 27 344 22 34s 23 346 24 347 25 348 26 DESCRIPTION Structures and Improvements Collecting & Impounding Reservoirs Lake, River & Other Intakes Wells Infiltration Galleries & Tunnels Supply Mains Power Generation Equipment Power Pumping Equipment Purification Systems Distribution Reservoirs & Standpipes Trans. & Distrib. Mains & Accessories Services Meters and Meter Installations Hydrants Backflow Prevention Devices Other Plant & Misc. Equipment Office Furniture and Equipment Transportation Equipment Stores Equipment Tools, Shop and Garage Equipment Laboratory Equipment Power Operated Equipment Communications Equipment Miscellaneous Equipment Other Tangible Property TOTALS (Add Lines 1- 2s) Enter beginning & end of year totals on Pg 7, Line 7 347.00$424.O0$77.O0$ $$$ $$$ $$$ $$$ $$$ $$$ $ 12,966.00 $ 14,838.00 $ 1,872.00 $$$ $$$ $ 8,274.00 158.00$$ 8,116.00 $$$ $ 1,207.00 39.00$$ 1,168.00 $ $ $ $ $ $ $ $ $ $ $ $ $ 22,597.OO $ 24,743.OO $ 2,146.00 Copy of 2017 Annual Report Assistance 6of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation BALANCE SHEET ASSETS SUB ACCT 1 101 2 toz 3 103 4 105 5 :.r+ 6 7 1oB 8 108 9 1oB 10 110 11 110 12 11s 13 14 123 15 12s 16 17 131 18 13s 19 141 20 L42 21 145 22 1s1 23 162 24 173 25 L43 26 27 181 28 183 29 La4 30 186 31 For the Year Ended Balance Beginning of Year $ 63,627.00 63 627.00 22 597.00 4t 0.00 782.00 782.00 20t7 Balance End of Year Increase or SEDESCRIPTION Utility Plant in Service (From Pg 5, Line 29) Utility Plant Leased to Others Plant Held for Future Use Construction Work in Progress Utility Plant Aquisition Adjustment Subtotal (Add Lines 1 - 5) Accumulated Depreciation (From Pg 6, Line 26) Accum. Depr. - Utility Plant Lease to Others Accum. Depr. - Property Held for Future Use Accum. Amort. - Utility Plant in Service Accum. Amort. - Utility Plant Lease to Others Accumulated Amortization - Aquisition Adj. Net Utility Plant (une 6 less lines 7 - 12) Investment in Subsidiaries Other Investments Total Investments (Add lines 14 & 15) 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 17 - 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) $ 63,627.00 $ $ $ $ $ $ 63,627.0O $ $ 24,743.00 $ 2,146.00 $ $ $ $ $ $ 38,884.00 $ (2,146.00) $ $ $$ 752.OO$$ (3,030.00) $ $ $ $ $ $ $ $ 752.OO$$ (3,030.00) $ $ $ $ $ 39,636.00 $ (5,176.00) Copy of 2017 Annual Report Assistance 44 812.00 7of13 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation BAI.ANCE SHEET LIABILMES & CAPITAL SUB ACCT DESCRIPTION 1 201-3 Common Stock 2 2o4-e Preferred Stock 3 207-l Miscellaneous Capital Accounts 4 214 Appropriated Retained Earnings 5 zls Unappropriated Retained Earnings 6 2L6 Reacquired Capital Stock 7 2rB Proprietary Capital I Total Equity Capital (Add Lines 1-5+7 less line 6) 9 zzr-: Bonds 10 223 Advances from Associated Companies 11 224 Other Long - Term Debt t2 23t Accounts Payable 13 232 Notes Payable 14 233 Accounts Payable - Associated Companies 15 23s Customer Deposits (Refundable) 16 236.r Accrued Other Taxes Payable 77 z:e.rAccrued Income Taxes Payable 18 236 Accrued Taxes - Non-Utility 19 zsz-q Accrued Debt, Interest & Dividends Payable 20 241 Misc. Current & Accrued Liabilities 21 25L Unamortized Debt Premium 22 252 Advances for Construction 23 2s3 Other Deferred Liabilities 24 2ss Accumulated Investment Tax Credits - Utility 25 2ss Accum. Investment Tax Credits - Non-Utility 26 zor-s Operating Reserves 27 27t Contributions in Aid of Construction 28 272 Accum. Amort. of Contrib. in Aid of Const. xx 29 281-3 Accumulated Deferred Income Taxes 30 Total Liabilities (Add lines e - 29) 31 TOTAL LIABILITIES & CAPITAL ( Add lines 8 & 30) ** Only if commission Approved For the Year Ended Balance Beginning of Year 20t7 Balance End of Year Increase or SE $s 000.00 .0 $ 4,272.00 466.00 24 928.00 1 00 00 1 3 950.00 $ 5,000.00 $ 4,272.00 $ (2,t72.82)$ (2,638.82) $ (2,172.82)$ 6,633.18 $ (2,s80,00)$ 22,348.00 $ 12,859.00 $ (2,204.00)$ (367.00) $ 33,003.00 $ (2,947.00) $ (s,119.82)$ 39,636.18 Copy of 201.7 Annual Report Assistance 44,756.0O 8 of 1,3 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation STATEMENT OF RETAINED EARNINGS For the Year Ended 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 20t7 7 Description (Class, Par Value etc.) Common, $1.00 par DETAIL OF LONG-TERM DEBT All Service Electric-Pre for new m install Northstar-for new install Dalton are - the new Totals Outstandi 5000 5000 $ No. Shares Authorized Year-end Balance $ (466.00) $ (2,L72.82) $ (2,638.82) No. Shares Interest Paid Dividends Paid Interest Accrued8 Interest Rate 7.40o/o $ 3,094.00 256.00$ 4.20o/o $ 3,293.00 155.00$ 7.500/o $ 15,961.00 $ 1,246.00 $ 22,348.00 $ 1,657.00 $ Copy of 2017 Annual Report Assistance 9of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION NAME: Troy Hoffman Water Corporation SYSTEM ENGINEERING DATA For the Year Ended 1 Provide an updated system map if significant changes have been made to the system during the year 2 Water Supply: rype or Treatment: 2077 Pum Pum TOTALS 3 System Storage on or location rner of Hoffman Ave & Anne St Rated Capacity (9pm) Total Capacity 000's Gal. (None, Chlorine Fluoride Filter Usable Capacity 000's Gal. Annual Production Water Supply Source (well, Spring. Surface Construction (Wood, Steel Concrete Gal Type of Reservoir (Elevated Pressurized BoostedStoon or Location Pum rner of Hoffman Ave & Anne St (Duplicate form and attach if necessary. Asterisk facilities added this year.) #1 300 None Well #2 790 None Well 0 #l 4,000 4000 Steel #2 3,000 3000 Pressurized Steel Copy of 2017 Annual Report Assistance 10 of 13 Pressurized ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation SYSTEM ENGINEERING DATA Continued For the Year Ended 4 Pump information for ALL system pumps, including wells and boosters. Rated Rated Discharge Horse power Capacity Pressure Desi ation or Location &of Pum (hp)(spm)(psi) 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. 6 If customers are metered, what was the total amount sold in peak month? 000's gal. 7 Was your system designed to supply fire flows? If Ye What is current system rating? 8 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? 2077 Energy used this Year Unknown 4 Less than 5olo Less than 3olo No 30 300 20 190 Copy ol 20L7 Annual Report Assistance None 11. of 13 72,644 Yes ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Troy Hoffman Water Corporation SYSTEM ENGINEERING DATA Continued For the Year Ended FEET OF MAINS 1 Pipe Size In Use Beginning Of Year Number of Customers Installed During Year 2017 Abandoned During Year Thousands of Gallons Sold In Use End of Year 8" Code 6 4" 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 lines 2 through 8) 6 4 1600 1600 3850 3850 2263 2263 3040 3040 1237 7237 Last Year This Year Last Year ThiS Year t47 147 26,493 24,22O 747 747 26,493 24,220 Copy of 20L7 Annual Report Assistance L2 of t3 ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION CERTIFICATE State of Idaho )ss County of Kootenai ) WE, the undersigned Ron Stadlev utility, on our oath do severally say that the foregoing repoft 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. of (Chief ) Subscribed and Sworn to Before Me (Officer in Charge of Accounts) W this 13 6 av or %:tuO , futB goTA R YM NOTARY PUBLIC My Commission Expires L\G Fll =zo '"..Pu B %,:?, Copy of 201.7 Annual Report Assistance gdk/excelfi nelson/anulrpts/wtrannualrpt 13 of 13 ) +l.r a T-^,, U^fr-^^ lir-I^F a^'6 W