2019Annual Report.pdf

TRH-TIJ
AIYT{UAL REPORT
Troy
OF
Hoffman Water Corporation
ldaho Publlc Utlllties Commission
Ollice ol the Secretary
RECEIVED
}.{AR 3 I 2020
Boiee, ldaho
NAME
710 W. Dalton Avenue, Suite J
Coeur d'Alene, ldaho 83815
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES GOMMISSION
FOR THE
YEAR ENDED 2019
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 2OI9
ii [,; I Ii/[L)
, l:rr 11'1 3 I !'{ tfl: L 2
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
B Zip Code
9 Organization (proprietor, partnership, corp.)
10 Towns, Counties served
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
Troy Hoffman Water Corporation
November 11 t973
Idaho
710 W Dalton Ave, Suite J
Coeur d'Alene
Idaho
83815
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
t2 Contact Information Name Phone No
Ron
Ken Murren
Ron Stad
All Service Electric
All Service Electric
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
City
State
zip
710 W Dalton Ave, Suite B
Coeur d'Alene
Idaho
208-664-98s8
208-664-9858
208-664-9858
208-664-9858
208-664-9858
2019 Annual Report Reviewed by Joe Terry 3-25-20
83815
1of13
ANNUAL REPORT FOR WATER UTILITIES 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? All Service Electric
2019
o n Ended
All Service & Northstar
o EndedWhen does the contract expire?
What services and rates are included?
t7 Is water purchased for resale through the system? No
Various 1
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?
If yes, attach full explanation
20 Has the ldaho Department of Environmental Quality
recommended any improvements?
If yes, attach full explanation
2l Number of Complaints received during year concerning
Quality of Service
High Bills
Disconnection
22 Number of Customers involuntarily disconnected
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 3L.2L.0L.7OL?
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
No
No
0
0
0
0
June 2019
No
2019 Annual Report Reviewed by Joe Terry 3-25-20 2of13
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
20t9
1
2
3
4
5
6
7
I
4OO REVENUES
460 Unmetered Water Revenue
461.1 Metered Sales - Residential
461.2 Metered Sales - Commercial, Industrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
46s Irrigation Sales Revenue
466 Sales for Resale
400 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
**tCommission Approved Surcharges Collected
401 OPERATING EXPENSES
601.1-6 Labor - Operation & Maintenance
60L.7 Labor - Customer Accounts
601.8 Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
615-16 Purchased Power & Fuel for Power
618 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services - Water Testing
636 Contract Services - Other
641-42 Rentals - Property & Equipment
650 TransportationExpense
656-59 Insurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Miscellaneous
Total Operating Expenses (Add lines 12
$42,054.O0
$42,O54.0O
9
10
11
Booked to Acct #
Booked to Acct #
Booked to Acct #
$8,500.00L2
13
t4
15
16
t7
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
32
33
$4,000.00
$6,756.00
$891.00
$1,140.00
$5,505.00
$1,095.00
$8,800.00
$375.00
$57.00
670
675
2019 Annual Report Reviewed by Joe Terry 3-25-20
32, also enter on Pg 4, line 2)$37 119.00
3of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
INCOME STATEMENT For the Year Ended
SUB ACCT DESCRIPTION
20L9
1
2
3 403
4 406
5 407
6 408.10
7 4oa.LL
B 408.12
9A 408.13
9B
9C
9D
10 409.10
11 409.11
12 410.10
13 410.11
L4 4rL
15 4L2
16
17 4r3
18 414
19
20 4rs
2t 416
22 419
23 420
24 421
25 426
26 4o8.2o
27 409-zo
28
29
30 427.3
31 427 .s
32
Revenue (From Page 3, line 8)
Operating Expenses (From Page 3, line 33)
Depreciation Expense
Amortization, Utility Plant Aquisition Adj
Amortization Exp. - Other
Regulatory Fees (PUC)
Property Taxes
Payroll Taxes
Other Taxes (tist) DEQ Fees
Idaho State Building Fund
$42,O54.OO
$37,119.00
$L,778.O0
$117.00
$291.00
$735.00
$10.00
Federal Income Taxes
State Income Taxes $
Provision for Deferred Income Tax - Federal
Provision for Deferred Income Tax - State
Provision for Deferred Utility Income Tax Credits
Investment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)
Income From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating Income (Add lines 1, 17 &18 less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
Interest & Dividend Income
Allowance for Funds used During Construction
Miscellaneous Non-Utility Income
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
Income Taxes, Non-Utility Operations
Net Non-Utility Income (Add lines 20,22,23 & 24 less lines2L,25,26, &27)
Gross Incom€ (add lines 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)
10.00
$40,060.00
$ 1,994.00
$
$ 1,994.00
$ 1,297.00
$ 697.00
2019 Annual Report Reviewed by Joe Terry 3-25-20 4of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILTTIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCOUNT 101 PI.ANT IN SERVICE DETAIL
SUB ACCT DESCRIPTION
For the Year Ended
Added
During
Year
2019
Balance
Beginning
of Year
Removed
During
Year
Balance
End of
Year
1 301
2 3oz
3 303
4 304
5 3os
6 306
7 307
8 308
9 309
10 310
11 311
L2 320
13 330
L4 331
15 333
16 334
L7 33s
18 336
19 33e
20 340
2L 341
22 342
23 343
24 344
25 34s
26 34G
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
272.OO
700.00
40 795.00
9 .00
00
29 TOTAL PI-ANT IN SERVICE 6
(Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line I
$
$
$ 9,272.00
$ 2,700.00
$
$
$
$
$
$
$ 40,795.00
$
$
$ 9,498.00
$
$ 1,362.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$$$ 63,627.00
2019 Annual Report Reviewed by Joe Terry 3-25-20
.00
5of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
ACCUMUI.ATED DEPRECIATION ACCOUNT 108.1 DETAIL For the Year Ended
Balance
Beginning
of Year
20t9
Depreciation
Rate
o/o
Balance
End of
Year
Increase
or
1
2
3
4
5
6
7
I
9
10
11
L2
13
L4
15
16
t7
18
19
20
2t
22
23
24
25
26
DESCRIPTION
Structures a nd Improvements
Collecting & Impounding Reservoirs
Lake, River & Other Intakes
Wells
Infiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter Installations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment ,
Tra nsportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTALS (Add Lines 1 - 2s)
Enter beginning & end of year totals on Pg 7, Line 7
SUB ACCT
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
34L
342
343
344
345
346
347
348
2.85o/o
4.59o/o
1.660/o
2.860/o
501.00$578.00$77.00$
$$
$$
$$
$$
$$
$$
16.710.00$18.582.00$$ 1.872.00
$$
$$
8,432.00$8,590,00$$ 158.00
$$
t,246.00$1.285.00$39.00$
$
$
$
$
$
$
$
$
$
$
$
$
$26,889.00 29,035.00$$ 2.146.00
2019 Annual Report Reviewed by Joe Terry 3-25-20 5of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
BALANCE SHEET
ASSETS
For the Year Ended
Balance
Beginning
of Year
20t9
Balance
End of
Year
Increase
or
DESCRIPTION
Utility Plant in Service (From Ps 5, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction Work in Progress
Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)
Accumulated Depreciation (From Pg 6, Line 26)
Accum. Depr. - Utility Plant Lease to Others
Accum. Depr. - Property Held for Future Use
Accum. Amort. - Utility Plant in Service
Accum. Amort. - Utility Plant Lease to Others
Accumulated Amortization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 12)
Investment in Subsidiaries
Other Investments
Total Investments (Add lines 14 & 15)
Cash
Short Term Investments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies Inventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Current (Add lines 17 - 24,less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & Investigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30)
SUB ACCT Decrea
1
2
3
4
5
6
7
8
9
10
11
t2
13
t4
15
16
t7
18
19
20
2L
22
23
24
25
25
27
28
29
30
31
131
135
141
t42
t45
151
t62
173
143
101
t02
103
105
114
108.1
108.2
108.3
110.1
110.2
115
.0063
26
63 00
00
36 738.00
L47.OO
3 L47.OO
L23
125
181
183
184
186
63,627.OO$$
$
$
$
$
63,627.00$$
29,035.00$$ 2,146.00
$
$
$
$
$
34,592.00$$ (2,146.00)
$
$
$$
2,681.00$$ (466.00)
$
$
$
$
$
$
$
$
2,681.00$$ (466.00)
$
$
$
$
37,273.OO$$ (2,612.00)
2019 Annual Report Reviewed by Joe Terry 3-25-20
39 00
7ot13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
BALANCE SHEET
LIABILITIES & CAPITAL
For the Year Ended
Balance
Beginning
of Year
20L9
Balance
End of
Year
Increase
or
DecreaseDESCRIPTION
Common Stock
Preferred Stock
Miscellaneous Capital Accounts
Appropriated Retained Earnings
Unappropriated Retained Earnings
Reacquired Capital Stock
Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)
Bonds
Advances from Associated Companies
Other Long - Term Debt
Accounts Payable
Notes Payable
Accounts Payable - Associated Companies
Customer Deposits ( Refundable)
Accrued Other Taxes Payable
Accrued Income Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, Interest & Dividends Payable
Misc. Current & Accrued Liabilities
Unamortized Debt Premium
Advances for Construction
Other Deferred Liabilities
Accumulated Investment Tax Credits - Utility
Accum. Investment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred Income Taxes
Total Liabilities (Add tines 9 - 29)
TOTAL LIABILITIES & CAPITAL ( Add lines 8 & 30)
r* Only if Commission Approved
SUB ACCT
1
2
3
4
5
6
7
8
9
10
11
L2
13
t4
15
16
t7
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
20 1-3
204-6
207-r3
2t4
2L5
2L6
218
5 .00
4 272.OO
728.L8
1 s95.00
00
1.00
.00
18
22t-2
223
224
231
232
233
235
236.tL
236.t2
236.2
237-40
241
25t
252
253
255.1
255.2
26t-5
27L
272
281-3
1
5,000.00$
4,272.0O$
t,425.t8$$ 697.00
10,697.18$$ 697.00
16,656.00$$ (2,939.00)
12,859.00$
(2,939.00)$$ (368.00)
26,576.OO$$ (3,307.00)
37,273.L8$$ (2,610.00)
2019 Annual Report Reviewed by Joe Terry 3-25-20
39 .18
8of13
ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
STATEMENT OF RETAINED EARNINGS For the Year Ended
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year Income (From Pg 4, Line 32)
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance @ End of Year
CAPITAL STOCK DETAIL
2019
$728.14
$697.00
$t,425.L8
7 Description (Class, Par Value etc.)
Interest
Rate
No. Shares
Authorized
Year-end
Balance
No. Shares
Outstand
Interest
Paid
Dividends
Paid
Interest
Accrued
Common, $1.00 par
DETAIL OF LONG-TERM DEBT
5000 5000
$
8
All Service for new install
Northstar-for new install
Dalton uare - the new
Totals
7.400/o 1,661.00$153.00$
4.200/o 1,715.00$91.00$
7.500/o L3,279.OO$1,053.00$
16,655.00$L,297.OO$$
2019 Annual Report Reviewed by Joe Terry 3-25-20 9of13
ANNUAL REPORT FOR WATER UTILTTIES TO THE IDAHO PUBLIC UTILITIES 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
2019
Rated
Capacity
(spm)
Treatment:
(None, Chlorine
Fluoride
Filter etc.)
Annual
Production
(000's Gal.
Water
Supply
Source
(well, Spring,
or location
of Hoffman Ave & Anne St
Total
Capacity
000's
Gal.
Usable
Capacity
000's
Gal.
Type of
Reservoir
(Elevated
Pressurized
Surface
Construction
(Wood,
Steel
Pu
TOTALS
3 System Storage
Well#1 300 None
#2 t90 None Well
0
or Location
Pu se-corner of Hoffman Ave & Anne St
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
Boosted
#1 4,000 4000 Pressurized Steel
#2 3,000 3000 Pressurized Steel
2019 Annual Report Reviewed by Joe Terry 3-25-20 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 Year Ended
4 Pump information for ALL system pumps, including wells and boosters.
Rated Rated
Horse power Capacity
2019
Discharge
Pressure
Energy used
this Year
Designation or Location &of Pum
Corner of Hoffman Ave & Anne St
Submersible
Corner of Hoffman Ave & Anne St
Submersible
*t 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 Yes 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?
10,170
Yes
Unknown
4
Less than 5olo
Less than 3olo
No
30 300
20 190
2019 Annual Report Reviewed by Joe Terry 3-25-20
None
11 of 13
ANNUAL REPORT FOR WATER UTILTTIES TO THE IDAHO PUBLIC UTILITIES COMMISSION
NAME: Troy Hoffman Water Corporation
SYSTEM ENGINEERING DATA Continued FOr thE YCAr ENdCd
FEET OF MAINS
In Use Installed
1 Pipe Beginning During
Size Of Year Year
20t9
Abandoned
During
Year
In Use
End of
Year
8" Code
6'
4"
6',
4"
CUSTOMER STATISTICS
Metered:
Residential
Commercial
Industrial
Flat Rate:
Residential
Commercial
Industrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
TOTALS (Add lines 2 through 8)
umber of Customers Thousands of Gallons Sold
2
2A
28
2C
3
3A
3B
3C
4
5
6
7
I
1600 1600
3850 3850
2263 2263
3040 3040
L237 r237
This
Year
Last
Year
This
Year
Last
Year
147 t47 23,436 27,067
27.067t47r4723,436
2019 Annual Report Reviewed by Joe Terry 3-25-20 12 of 13
ANNUAL REPORT FOR WATER UTILMES TO THE IDAHO PUBLIC UTILITIES COMMISSION
CERTIFICATE
State of Idaho
)ss
County of Kootenai )
WE, the undersigned Ron Stadlev
of the Trov Hoffman Water C
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 Officer)
(Officer in Charge of Accounts)
ilil,
Subscribed and Sworn to Before Me W
tnisZV aay of
NOTARY PUBLIC
OF
q ,nt
My Commission Expires
2ozs
2019 Annual Report Reviewed by Joe Terry 3-25-20
gdVexcelfi nelson/a n u I rpts/wtrannualrpt
13 of 13