2018Annual Report.pdf

TRH - t')
A]YI{UAL REPORT
OF
TROY HOFFMAN WATER CORPORATION
710 W DALTON AVENUE, SUITE J
COEUR D'ALENE tD 83815
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2018
I ,i
L,
crl (
U)
NAME
ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION
FOR THE YEAR ENDING 2018
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 L973
Idaho
710 W Dalton Ave Suite J
Coeur d'Alene
Corporation
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 Name
Idaho
83815
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
Ron
13 Were any water systems acquired during the year or any additions/deletions made
to the service area during the year?No
If yes, aftach 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
Phone No
Ken Murren
All Service Electric
Ron
All Service Electric
City
State
Zip
Coeur d'Alene
Idaho
208-664-9858
208-664-9858
208-664-9858
208-664-9858
208-664-9858
2018 Annual Report
83815
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ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
COMPANY INFORMATION (Cont.)
15 Is the system operated or maintained under a service contract?
16 tf yes With whom is the contract?
When does the contract expire?
What services and rates are included?
All Service Electric
18 lf yes Name of Organization
Name of owner or operator
Mailing Address
City
State
zip
Ended
For the Year Ended 2018
All Service & Northstar
Ended
Various
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
Quality of Service
High Bills
Disconnection
22 Number of Customers involuntarily disconnecte
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 3L.27.O1.701?
Attach a copy of the Summary
24 Did significant additions or retirements from the
0
0
0
0
June 2018
Plant Accounts occur during the year?
If yes, attach full explanation and an updated system map
No
2018 Annual Report 2of73
77 Is water purchased for resale through the syste No
27 Number of Complaints received during year concerning:
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
REVENUE & EXPENSE DETAIL For the Year Ended
SUB ACCT DESCRIPTION
2018
10
11
40O REVENUES
1 460 Unmetered Water Revenue
2 46L.t Metered Sales - Residential
3 46r.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 4oo Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
9 + DEQ Fees Billed separately to customers
** Hookup or Connection Fees Collected
***Commission Approved Surcharges Collected
401 OPERATING EXPENSES
oor.r Labor - Operation & Maintenance
oor.z Labor - Customer Accounts
602 Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
ots-r Purchased Power & Fuel for Power
618 Chemicals
620.1 Materials & Supplies - Operation & Maint.
620.7 Materials & Supplies - Administrative & General
631-: Contract Services - Professional
635 Contract Services - Water Testing
636 Contract Services - Other
6er-e Rentals - Property & Equipment
650 Transportation Expense
656-5 Insurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
$ 46,307.00
Booked to Acct #
Booked to Acct #
Booked to Acct #
$ 9,120.00
$ 4,500.00
$ 7,449.00
$ 1,206.00
$ 613,00
$5,795.00
$ 3s0.00
$ 9,000.00
$ 422.00
$57.00
$ 45,307.00
L2
13
L4
15
16
17
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
32
33
20L8 Annual Report
$ 38,512.00
3of13
ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
INCOME STATEMENT FOT thE YCAT ENdCd
SUB ACCT DESCRIPTION
$ 46,307.00
$ 4L,457.OO
2018
$ 4,850.00
$
$ 4,850.00
$ 1,483,00
$ 3,357.00
1 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 4o7 Amortization Exp, - Other
6 408.1 Regulatory Fees (PUC)
7 4oai Property Taxes
8 +oe.r Payroll Taxes
9A 408.1Other Taxes (tist) DEQ Fees
98 State Building Fund
$512.00
$ t,779.00
$ 100.00
$ 311.00
$ 73s.oo
$10.00
10.00
9C
9D
10 409.1 Federal Income Taxes
11 4o9.1State Income Taxes
12 4to.t Provision for Deferred Income Tax - Federal
13 410.1 Provision for Deferred Income Tax - State
14 4rt Provision for Deferred Utility Income Tax Credits
15 crz Investment Tax Credits - Utility
$
16 Total Expenses from operations before interest (add lines 2-15)
!7 4t3 Income From Utility Plant Leased to Others
Lg 4t4 Gains (Losses) From Disposition of Utility Plant
19 Net Operating Income (Add lines 1, 17 &18 less line 16)
20 4t5 Revenues, Merchandizing Jobbing and Contract Work
21 4L6 Expenses, Merchandizing, Jobbing & Contracts
22 qo Interest & Dividend Income
23 42o Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility Income
25 426 Miscellaneous Non-Utility Expense
26 408.2 Other Taxes, Non-Utility Operations
27 409-2Income Taxes, Non-Utility Operations
28 Net Non-Utility Income (Add lines 20,22,23 & 24 less lines 21,25,26, & 27)
29 Gross Incom€ (add lines 19 & 28)
30 427 Interest Exp. on Long-Term Debt
31 4za Other Interest Charges
32 NET INCOME (Line 29 less lines 30 & 31), (Also Enter on Pg 9, Line 2)
2018 Annual Report 4of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCOUNT 101 PISNT IN SERVICE DETAIL
SUB ACCT DESCRIPTION
Balance
Beginning
of Year
For the Year Ended
Added
During
Year
2018
Removed
During
Year
Balance
End of
Year
1 301
2 302
3 303
4 3o4
5 3os
6 306
7 3o7
8 308
9 309
10 310
11 311
t2 32o
13 330
14 331
15 333
16 334
t7 33s
18 336
19 33e
20 340
21 341
22 342
23 343
24 tcc
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
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
9 272.0O
2 700.00
40 795.00
9 00
1 362.00
29 TOTAL PLANT IN SERVICE 63 627.OO
(Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line 1
$
$
$ 9,272.00
$ 2,700.00
$
$
$
$
$
$
$ 40,795.00
$
$
$ 9,498.00
$
$ 1,362.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$$$ 63,627.O0
2018 Annual Report 5 of 1,3
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL 2018
Depreciation
Rate
o/o
For the Year Ended
Balance
Beginning
of Year
Balance
End of
Year
Increase
or
SUB ACCT
1 304
2 3os
3 306
4 3o7
5 308
6 309
7 3Lo
8 srr
9 320
10 330
11 331
12 333
13 334
14 33s
15 336
16 33e
t7 340
18 341
19 342
20 343
2t 344
22 34s
23 346
24 347
25 348
26
DESCRIPTION
Structures and Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
Hydrants
Backflow Prevention Devices
Other Plant & Misc, Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTALS (Add Lines 1- 2s)
Enter beginning & end of year totals on Pg 7, Line 7
77.O0$424.00$501.00$
$$$
$$$
$$$
$$$
$$$
$$$
$ 14,838.00 $ 16,710,00 $ 1,872.00
$$$
$$$
$ 8,274.00 $ 8,432.00 158.00$
$$$
39.00$$ 1,207.00 $ 1,246.00
$
$
$
$
$
$
$
$
$
$
$
$
$ 2,146.00$ 24,743.OO $ 26,889.00
2018 Annual Report 6of13
ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
BAI.ANCE SHEET
ASSETS
SUB ACCT
For the Year Ended
Balance
Beginning
of Year
6 7.O0
63 7.O0
24 743.00
38
752.O0
752.OO
2018
Balance
End of
Year
Increase
or
SE
1 101
2 Loz
3 103
4 Los
5 ttc
6
7 108
I 108
9 108
10 110
11 110
12 11s
13
14 Lz3
15 r2s
16
t7 131
18 13s
19 L4L
20 t4z
27 t4s
22 1s1
23 L62
24 r73
25 r43
26
27 181
28 183
29 184
30 186
31
DESCRIPTION
Utility Plant in Service (From Pg 5, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction Work in Progress
Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)
Accumulated Depreciation (From Pg 6, Line 26)
Accum, Depr. - Utility Plant Lease to Others
Accum. Depr. - Property Held for Future Use
Accum. Amort, - Utility Plant in Service
Accum. Amort. - Utility Plant Lease to Others
Accumulated Amortization - Aquisition Adj.
Net Utility Plant (une 6 less lines 7 - 12)
Investment in Subsidiaries
Other Investments
Total Investments (Add lines 14 & 1s)
Cash
Short Term Investments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies Inventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Current (Add lines !7 - 24,less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & Investigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30)
$ 63,627.0O $
$
$
$
$
$ 63,627.00 $
$ 26,889.00 $ 2,146.00
$
$
$
$
$
$ 36,738.00 $ (2,146.00)
$
$
$$
$ 3,147.00 $ 2,395.00
$
$
$
$
$
$
$
$
$ 3,147.OO $ 2,395.00
$
$
$
$
$ 39,885.00 249.OO$
2018 Annual Report
6.00
7olt3
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
BAI.ANCE SHEET
LIABILMES & CAPITAL
SUB ACCT DESCRIPTION
1 201-i Common Stock
2 204-t Preferred Stock
3 207-l Miscellaneous Capital Accounts
4 214 Appropriated Retained Earnings
5 215 Unappropriated Retained Earnings
6 2L6 Reacquired Capital Stock
7 zLa Proprietary Capital
8 Total Equity Capital (Add Lines 1-5+7 less line 6)
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long - Term Debt
72 23L Accounts Payable
13 232 Notes Payable
14 2* Accounts Payable - Associated Companies
15 23s Customer Deposits (Refundable)
16 236.1 Accrued Other Taxes Payable
17 236.1Accrued Income Taxes Payable
18 236 Accrued Taxes - Non-Utility
19 z3z-eAccrued Debt, Interest & Dividends Payable
20 24t Misc. Current & Accrued Liabilities
2L 2sr 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
26 261-sOperating Reserves
27 27t Contributions in Aid of Construction
28 272 Accum. Amort. of Contrib. in Aid of Const. *x
29 281-: Accumulated Deferred Income Taxes
30 Total Liabilities (Add tines 9 - 2e)
31 TOTAL LIABILffiES & CAPITAL ( Add lines 8 & 30)
** Only if Commission Approved
For the Year Ended
Balance
Beginning
of Year
00.00
72.O0
38.8
3.18
22 348.00
1 9.00
204.00
3 003.00
2018
Balance
End of
Year
Increase
or
Decrease
$ 5,000.00
$ 4,272.00
728.t8$$ 3,367.00
$ 10,000.18 $ 3,367.00
$ 19,595.00 $ (2,753.00)
$ 12,859.00
$ (2,s71.00)$ (367.00)
$ 29,883.00 $ (3,120.00)
$ 39,883.18 247.OO$
2018 Annual Report
39 636.18
8of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
STATEMENT OF RETAINED EARNINGS FoT the YeaT Ended
1 Retained Earnings Balance @ Beginning of Year $ (2,638.82)
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
$ 3,367.00
2018
7 Description (Class, Par Value etc.)
Common, $1.00 par
DETAIL OF LONG-TERM DEBT
on
All Service Electric-for new install
8
Interest
Rate
No. Shares
Authorized
Year-end
Balance
No. Shares
Interest
Paid
Dividends
Paid
Interest
Accrued
u
Northstar-for new install
Dalton - the new
Totals
5000 5000
$
7.400/o $ 2,404.00 206.00$
4.200/o $ 2,521,00 724.00$
7.500/o $ 14,670.00 $ 1,153.00
$ 19,595.00 $ 1,483.00 $
2018 Annual Report 9of13
$ 728.18
ANNUAL REPORT FOR WATER UTILMES 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:
2018
Pu Desi nation or location
Pu use-corner of Hoffman Ave & Anne St
Rated
Capacity
Total
Capacity
000's
Gal.
(None, Chlorine
Fluoride
Filter etc.
Usable
Capacity
000's
Gal.
Annual
Production
Water
Su pply
Source
(Well, Spring,
Su rface
Construction
(Wood,
Steel
concrete
Gal.
Type of
Reservoir
(Elevated
Pressurized
TOTALS
3 System Storage:
Desi n or Location
Pum use-corner of Hoffman Ave & Anne St
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
#1 300 None Well
#2 L90 None Well
0
#1 4,000 4000 Pressurized Steel
#2 3,000 3000 Pressurized Steel
2018 Annual Report 10 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES 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
nation or Location &of Pu
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?
2018
Energy used
this Year
12,769
Yes
Unknown
4
Less than 5olo
Less than 3olo
No
30 300
20 190
2018 Annual Report
None
11 of 13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA Continued For the Year Ended
FEET OF MAINS
1 Pipe
Size
8" Code
6"
4"
6"
4"
CUSTOMER STATISTICS
2 Metered:
2A Residential
28 Commercial
2C Industrial
3 Flat Rate:
3A 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)
In Use
Beginning
Of Year
Number of Customers
Installed
During
Year
Abandoned
During
Year
Thousands of Gallons Sold
In Use
End of
Year
1600 1600
3850 3850
2263 2263
3040 3040
1.237 t237
ThiS
Year
Last
Year
This
Year
Last
Year
747 t47 27,067 26,493
147 t47 27,067 26,493
2018 Annual Report L2 ol 73
2018
I
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILMES COMMISSION
CERTIFICATE
State of Idaho )
)ss
County of Kootenai )
of the Trov Hoffman Water Corp
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.
(Chief cer)
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
tllt,tnisl0 a"r* AN A!3
NOTARY PUBLIC
My Commission Expires
W
OF,llt
-a-
gorA4)-
L
2018 Annual Report
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