2008Annual Report.pdf

Mar 31 as OS:OSa
ANNUAL REPORT
OF ITS-W
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ADDRESS
\ i (\ 1 _ ,.'" c-" -: Li C c..'- \ '- ""c.-s( .. ~ C: -2: \, J vt
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED -)D ,...'.....1 ..,-~"iL; . ~( 2-
p.3
to/Itt
r4f? 31
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Mar 31 as os: OSa p.4
NAME: Teton Springs Water & Sewer 1 LLC
REVENUE & EXPENSE DETAIL
For the Year Ended 2008
ACCT # DESCRIPTION
400 REVENUES
Irrigation Sales Revenue
Sales for Resale
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 "'Commission Approved Surcharges Collected
401 OPERATING EXPENSES
12 601.1-6 Labor - Operation & Maintenance
13 601.7 labor. Customer Accounts
14 601.8 labor. Administrative & General
15 603 Salaries, Officers & Directors
16 604 Employee Pensions & BeneFits
17 610 Purchased Water
18 615-16 Purchased Power & Fuel for Power
19 618 Chemicals
20 620.1-6 Materials & Supplies - Operation & Maint.
21 620.7-8 Materiais & Supplies. Administrative & General
22 631-34 Contract Services - Professional
23 635 Contract Services - Water Testing
24 636 Contract Services - Other
25 641.42 Rentals - Property & Equipment
26 650 Transportation Expense
27 656-59 Insurance
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 Regulatory Comm. Exp. (Other except taxes)
31 570 Bad Debt Expense 44/761.4632 675 Miscellaneous 1/026.00
33 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2) 141/248.76
2
3
4
460
461.
461.2
462
464
465
466
400
5
6
7
8
Rev 3/02
Unmetered Water Revenue
Metered Sales. Residential
Metered Sales. Commercial, Industrial
Fire Protection Revenue
Other Water Sales Revenue
262,317.16
262/317.16
Booked to Acct #
Booked to Acel #
Booked to Acct #
8/303.92""."~'~~"'''.'._~-'-442.55
7/617.02
2,589.45
6/289.86--~.-._¥.-
1,447.00
68,771.50
Page 3
Mar 31 as os: OSa
Name:
ACCT#
Teton Springs Water & Sewer 1 LLC
INCOME STATEMENT
2008For Year Ended
DESCRIPTION
2
3 403
4 406
5 407
6 408.10
7 40811
8 408.12
9A 408.13
9S
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes
12 410.10
13 410.11
14 411
15 412
16
17 413
18 414
19
20 415
21 416
22 419
23 420
24 421
25 426
26 408.20
27 409.20
28
29
30 427.3
31 427.5
32
Rev 3102
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)
Properly Taxes
Payroll Taxes
Other- Taxes (list) DEQ Fees
6/181.44
66/158.96
120.30
Provision for Deferred Income Tax - Federal
Provision for Deferred Income Tax - State
Provision for Deferred Utility Income Tax Credits
Investment Tax Credits - Utilty
Total Expenses from operations before interest (add fines 2-15)
Income From Utility Plant Leased to Others
Gains (losses) From Disposrtion 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-Utiliy 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 lines 21,25,26, & 27)
Gross Income (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, Une 2)
Page 4
141/248.76
2131709.46
113.00
p.S
48,607.70
113.00
48,720.70
48,720.70
Mar 31 as os: 06a p.6
Name:Teton Springs Water & Sewer 1 L~,~___~_._
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 2008
SUB
ACCT#DESCRIPTION
301 Organization
2 302 Franchises and Consents
3 303 Land & Land Rights
4 304 Structures and Improvements
5 305 Collecting & Impounding Reservoirs
6 306 Lake, River & Other Intakes
7 307 Wells
8 308 Infiltraiion Galleries & Tunnels
9 309 Supply Mains
10 310 Power Generation Equipment
11 311 Power Pumping Equipment
12 320 Purification Systems
13 330 Distribution Reservoirs & Standpipes
14 331 Trans. & Distrib_ Mains & Accessories
15 333 Services
16 334 Meters and Meter Installations
17 335 Hydrants
18 336 Sackfiow Prevention Devices
19 339 Other Plant & Misc. Equipment
20 340 Office Furniture and Equipment
21 341 Transportation Equipment
22 342 Stores Equipment
23 343 Tools, Shop and Garage Equipment
24 344 Laboratory Equipment
25 345 Power Operated Equipment
26 346 Communications Equipment
27 347 Miscelianeous Equipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE
(Add lines 1 - 28)
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
Rev 3/02
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r ~362 .87! 12,362.87
_ r--o.oo! 12'36::~7
Enter beginning & end of year totals on Pg 7, Line Î
Page 5
Mar 31 as OS:06a
Name:Teton Springs Wa.t"~sewer~C
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 2008
SUB
ACCT#DESCRIPTION
1 304 Structures and Improvements
2 305 Collecting & Impounding Reservoirs
3 306 Lake, River & Other Intakes
4 307 Wells
5 308 Infiltration Galleries & Tunnels
6 309 Supply Mains
7 310 Power Generation Equipment
8 311 Power Pumping Equipment
9 320 Purification Systems
10 330 Distributioh Reservoirs & Standpipes
11 331 Trans. & Distrib. Mains & Accessories
12 333 Services
13 334 Meters and Meter Installations
14 335 Hydrants
15 336 Backflow Prevention Devices
16 339 Other Plant & Misc. Equipment
17 340 Office Furniture and Equipment
18 341 Transportation Equipment
19 342 Stores Equipment
20 343 Tools, Shop and Garage Equipment
21 344 laboratory Equipment
22 345 Power Operated Equipment
23 346 Communications Equipment
24 347 Miscellaneous Equipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 - 25)
Depreciation
Rate
%
Balance
Beginning
of Year
Balance
End of
Year
p.7
Increase
or
(Decrease)
Rev 3/02
~
li 'i:i:;\ ~ ii_ 0.00 ~18i.44 _ 6,181.44
Enter beginning & end of year totals on Pg 7, Line 7
Page 6
I
6.181.44
Mar 31 as os: OSa
Name'
Rev 3/02
Teton Springs Wate~ & Sewer 1 LLC
BALANCE SHEET
Page 7
Balance
Beginning
of Year
O. 00 i
d
0.00
p.8
Balance
End of
Year
12,362.87
L
Increase
or
(Decrease)
12,362.87
i
i12/362.87: 12/362.87i ..(6, 181. 4~) (6/181. 44 )
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0.00' 5'S59.ipw
(6/181.441) (6/181.44)
t,
0.00 12/362.87112/362.87
0.00 11/536.8~ 11/536.82
I
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.17/718. 25L17 1718.25
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Mar 31 as os: 06a
Name Teton Springs Water & Sewer 1 LLC
p. S
BALANCE SHEET
For Year Ended 2008
LIABILITIES & CAPITAL
ACCT # DESCRIPTION
201-3 Common Stock
2 204-6 Preferred Stock
3 207-13 Miscellaneous Capital Accounts
4 214 Appropriated Retained Earnings
5 215 Unappropriated Retained Earnings
6 216 Reacquired Capital Stock
7 218 Proprietary Capital
8 Tota! Equity Capita! (Add Lines 1-5+7 less line 6)
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long - Term Debt
12 231 Accounts Payable
13 232 Notes Payable
14 233 Accounts Payable - Associated Companies
15 235 Customer. Deposits (Refundable)
16 235.11 Accrued Other Taxes Payable
17 236.12 Accrued Income Taxes Payable
18 236.2 Accrued Taxes - Non-Utility
19 237-40 Accrued Debt, Interest & Dividends Payable
20 241 Misc. Current & Accrued Liabilities
21 251 Unamortized Debt Premium
22 252 Advances for Construction
23 253 Other Deferred Liabilities
24 2551 Accumulated Investment Tax Credits. Utility
25 255.2 Accum. Investment Tax Credits. Non-Utility
26 261-5 Operating Reserves
27 271 Contributions in Aid of Construction
28 272 Accum. Amort. of Contrib. in Aid of Const. .,
29 281-3 Accumulated Deferred Income Taxes
30 Total Liabilities (Adà lines 9.29
31 TOTAL LIAS &.CAPITAL (Add lines 8 & 30)
*. Only if Commission Approved
Rev 3/02 Page 8
Balance
Beginning
of Year
Balance
End of
Year
Increase
or
(Decrease)
i
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o . 0 0 (12 9 i 92 2 . 4 5 .)-Y2 9 1 922 . 4 5 )
r=.___._...... I.
0.00 (1/080.00~ (1/080.00)
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0.00 17/718.2~ 17/718.25
M.ar 31. as OS:OSa p.10
Name: Teton Springs Water & Sewer 1 LLC
STATEMENT OF RETAINED EARNINGS
For Year Ended 2008
Retained Earnings Balance (Q 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 (Q End of Year
0,00
48,720.70
48/720.70===
7 Description (Class, Par Value etc.)
CAPITAL STOCK DETAIL
No. Shares
Authorized
No. Shares
Outstandin
~
Dividends
Paid
i
i.._1-.~
DETAIL OF LONG.TERM DEBT
Interest Year-end Interest interest
8 Description Rate Balance Paid Accrued
J j I E
1 i
It ~_R___...._
Rev 3/02 Page 9
Mar 3 1 a 9 09: a 7 a p. 1 1
Name: Teton Springs Water & Sewer r LLC
SYSTEM ENGINEERING DATA
(continued)lclJôFor Year Ended
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location Horse
Rated
Capacity
Discharge
Pressure
Energy
Used
& Tvpe oJ Pump.'Power (qom)(psi)This Year
I
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L !\-ojr** Submit pump curves unless previously provided or unavailable. Asterisk facilties 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?
What was the total amount pumped during peak month?
What was the total amount pumped on the peak day?
. ClCj. f,?,r-,76 i ,( uL....¿.;¡ f ;, _ r,,7J' ¡;,: /00~r f. '../. .
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6 If customers are metered, what was the total amount sold in peak month?1,:./-
7 Was your system designed to supply fire flows?
If Yes: What is current system rating?
~)c: ::i
8 How many times were meters read this year?
During which months')
ø..-.._---_.-
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?
t.c.x::)
Ý"()D
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
/VC)
11 In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?() ..~Í:..., ;;,,~j ,.."
Rev 3/02 Page 11
Mar 31 as OS:07a,p. 12
Name:Teton Sprìngs Water & Sewer f LLC
SYSTEM ENGINEERING DATA
(continued) 7io\1
For Year Ended t:/
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Yeari
4/..,i /)0 ¡
___L50 -..~~---~
f "/
"400 ,L/OO'-'.
.(7~t SC:X::)D'I ..'=qObO '~
I?.t'.5lcCD ,,..~, ¡;x: '
Îb ~ ?1700 ,
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CUSTOMER STATISTICS
Number of CustomersTh. I L t Thousands of Gallons SoldI Th' L '
TOTALS (Add lines 2 through 8)
is ,as is
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Year !Year Year Year
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2 Metered:
2A Residential
2B Commercial
2C Industrial
3 Flat Rate:
3A Residential
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
Rev 3/02 Page 12
Mar 31 as OS:07a p. 13. .
CERTIFICATE
SHANNON R. HERNOON
NOTARY PUBLIC
STATE OF IDAHO
State of Idaho )
) ss
)County of
WE, the undersigned Jo"- Yl i.ck.and S~'- ~"-
of the \c\-__ S e~ '" j W ..t~ 8; Si.~ G: "-.~
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 utilty 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.
~ ~~';\ "S;~. .-~I'-~
(Offcer in Charge of Accounts)
Subscribed and Sworn to Before Me
this ~ day of Mc-ro:, i£.-=
~..."-~ R. \k.-~
NOTARY PUBLIC
My Commission Expires \ \. blo- Dci
gdklexcenel~onlanulrptslwannualrpi
Rev 3/02 Page 13