2021Annual Report.pdf

TTO-hJ
AIYI{UAL REPORT
OF
Teton Water and Sewer Ccomapny LLC
NAME
3940 Grand St., PO Box 786
Driggs, lD 83422
ADDRESS
TO THE
IDAHO PUBLIC
UT!LITIES COMMISSION
FOR THE
YEAR ENDED 2021
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ANNUAL REPORT FOR. WATER TITIUTIES TO THE TDAHO PUruC LTIIUTIES COMMTSSION
FOR THE YEA,R ENDII{G 2O2I
@MPATfY INFORT,IATION
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 (lf applicable)
5 City
7 State
8 Zip Code
9 Organization (proprietor, partnership, corp.)
10 Towns, Counties served
Teton Water and Sewer ComDany LLC
Idaho
3940 Grand St
PO Box 786
Driggs
Idaho
83422
LLC
Teton
11 Are there any affiliated companies? (yes or no)
Il yc, &dr ! ltst wltli mrnB, lddrGc f dryl9t,olB. EeLln any *ylc provldd b tt uullty.
12 Contact Informatlon Name
President (Owner)
Vlce President
Secretary
General Manager
Complaints or Billing
Engineerlng
Emergency Service
Accountlng
13 were any water systems acquired during the year or any additionydeletions made
to the service area during the year?No
It y3, attldt a lbt wltfi n!m-, lddrB i dElfiorrs. E Qllln lny sm,ls provtlcd to tt utlllty,
14 Where are the Company's books and records kept?
Street Address
City
State
zip
3940 Grand St
Drldds
Phone No.
Idaho
83422
208-354-0256
2021 Annual Report - IPUC 1of13
ANNUAL REFORT FOR WATER T,TIUTIES TO THE IDAHO PUBUC UTIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
@MPANY TNFORMATION (Cont,) For the Year Ended
15 Is the system operated or maintained under a service contract? Yes
16 tty6: With whom is the contract?
when does the contract expire?
What services and rates are included?
17 Is water purchased for resale through the system?
18 rt y.s: Name of Organization
Name of owner or operator
Mailing Address
City
State
zig
Teton Management Services, Inc
sl23122
All oDerations and administration
No
Gallons/CCF $Amount
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Department of Environmental Quality?
Ity6,.ttldr lull slin t on
20 Has the Idaho Department of Envlronmental Quality
recommended any improvements?
It y!, lttrct ltlll oeLnat on
21 Number of Complaints recelved during year conceming:
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 31.21,01,701?
alrdl!oryo?tl.summlry
24 Oid significant additions or retirements from the
Plant Accounts occur during the year?
Ity.s, lttrdt ltrll oQEndon lnd !n updlbal sl|3hm inap
NO
0
4luzl
202L
No
0
0
0
0
NO
2021 Annual Report - IPUC zof 13
ANNUAL REPORT FOR WATER UTIUNES TO TTIE IDAHO PUBUC UNUNES CPI,IMISSIOI{
NAME: Teton waterand SewerCompany LLC
REVENUE & BOENSE DETAIL Forthe YQar Ended
SUB ACCT DESCRIMON
2021
4OO REVENUES
1 460 Unmetered Water Revenue
2 461.L Metered Sales - Residential
3 461.2 Metered Sales - Commercial, Industrial
4 462 Fire Protection Revenue
5 4G4 Other water Sales Revenue
6 465 Irrigation Sales Revenue
7 6 Sales for Resale
8 aoo Total Revenue (Add unes 1 - 7)
(also enter result on Page 4, llne l)
9 * DEQ Fees Bllled s€parately to customers
10 i* Hookup or Connectlon Fees Collected
11 r**commlsslon Approv€d Surcharges Collected
401 OPERATI]TG DOENSES
12 601.1-6 Labor - Operation & Maintenance
13 601.7 Labor - CustomerAccounts
14 601.8 Labor - Admlnlstrative & General
15 503 Salaries, Offlcers & Directors
16 604 Employee Pensions & Benefits
17 610 Purchased water
18 61'16 Purchased Power & Fuel for Power
19 618 Chemicals
20 o2o.r-6 Materials & Supplles - Operatlon & Maint,
2! 620.7-o Materials & Supplles - Administrative & General
22 $r-v Contract Servlces - Professional
23 635 Contract Services - waterTestlng
24 636 Contract Services - Other
25 €/.t-42 Rentals - Property & Equlpment
26 650 Transportation Expense
27 656s9 Insurance
28 650 Advertising
29 6s6 Rate case Expense (Amortizatlon)
Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Mlscellaneous
Total Opcraung Exponses (Add lines 12 - 32, also enter on Pg 4, line 2)
$ 148,899.00
g 7,648.00
Booked to Acct #
Booked to Acct #
$ 33,604.00 Booked to Acct #
$ 11,707.00
$ 4,415.00
$ 98,040.00
$627.OO
$ 78,020.00
$886.00
$ 70,677.00
$53.00
$ 2,565.00
$ 7,008.00
30 667
31 670
32 675
33
$ 156,tr7.00
$ 274,@8.00
2021 Annual Report - IPUC 3of13
ANNUAL REPORT FOR WATER TMUTIES TO THE IDAHO PUBUC UTIUNES COMMISSION
NAME: Teton Water and Sewer Company LLC
INCOME STATEMETIT For the Year Ended
SUB AccT DESCRIMON
Revenue (From Page 3, llne 8)
operaung E)oenses (From Page 3, fine 33)
Depreciation Expense
Amortization, Utility Plant Aquisition Adj.
Amortization Exp, - Other
Regulatory Fees (PUC)
Property Taxes
Payroll Taxes
OtherTaxes (xst) DEQ Fees
Id. Dept Water Resources
f 274,098.00
$ 29,933.00
403
405
407
408.10
408.11
408.12
9A 408.13
9B
9C
9D
10 4o9.10
I
2
3
4
5
6
7
8
22
23
24
25
26
27
28
29
30
31
32
$ 301.00
$ 2,983.00
$ 1,168.00
780.00$
3 156-547_00
202L
$ (1s2,716.00)
$
$ (152,716.00)
$ 20,737.00
$ (173,4s3.00)
11
L2
13
L4
15
16
L7
18
19
20
2t
409.11
410.10
410.11
411
4L2
Federal Income Taxes
State Income Taxes
Provision for Deferred Income Tax - Federal
Provision for Deferred Income Tax - State
Provlsion for Deferred Utility Income Tax Credits
Investment Tax Credits - Utility
Total Beenscs from operatlons beiorc lntor€st (add rnes 2-15)
Income From Utillty Plant Leased to Others
Gains (Losses) From Dlsposition of Utility Plant
Net oPeraung In@mG (Add rines 1, 17 &r8 bss ilne 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-Utillty Operations
Income Taxes, Non-Utility Operations
Net Non-Utility Income (Add ttn€s20,22,23g.24less lhes 2r,25,26. & 27)
Grc6S InCOme (add lines 19 & 28)
Interest Exp. on Long-Term Debt
Other Interest Charges
NET INCOME (une 29 l€ss llnes 30 & 31), (Also Enter on P9 9, une 2)
3 309,263.00
413
4t4
415
416
419
420
42t
426
408.20
409-20
427.3
427.5
2021 Annual Report - IPUC 4of13
ANNUAL REPORT FOR WATER L,TIUTIES TO THE IDAHO PUBUC T,TIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
ACCOUNT 101 PI.AT.IT IN SERVICE DETAIL 202L
SUB
Balance
Beginning
of Year
For the Year Ended
Added
During
Year
Removed
During
Year
Balance
End of
1 301
2 3o2
3 303
4 304
5 3os
6 306
7 3o7
8 3og
9 309
10 310
11 311
!2 320
13 330
L4 331
15 333
16 334
!7 33s
18 336
19 33s
20 340
21 347
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
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
000.00
00
29 TOTAL PI-ANT IN SERVICE
(Add llnes 1 - 28) Enter beglnnlng & end of year totals on Pg 7, Llne 1
$
$
$ 300.000.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1.000.00$
$
$
$
$
$
$
$
$
$
$
3 f 3 301,000.00
2021 Annual Report - IPUC 5of13
ANNUAL REPORT FOR WATER. LTNUTIES TO THE IDAHO PUBUC UTIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
ACCUMUITTED DEPRECIATION ACCOUNT 108.1 DETAIL 2021
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
4 307
5 308
6 3oe
7 3to
8 311
9 320
l0 330
11 331
12 333
13 334
14 33s
15 335
16 339
17 34o
18 341
19 342
20 343
2! 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
TOTAIS (Add unes 1 - 2s)
Enter beginning & end of year totals on Pg 7, Une 7
$
$
$
$
$
$
$
s
$
$
$
$
$
$
$
1,000.00$$ 1,000.00 $
$
$
$
$
$
$
$
$
$3 1,000.00 3 1,000.00 s
2021 Annual Report - IPUC 6of13
ANNUAL REPORT FOR. WATER UNUTIES TO THE IDAHO PUBUC UTIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
BAI.ANCE SHEET
ASSETS
SUB ACCT of
For the Year Ended
Balance
Beginning
00
00
263.00
2027
Balance
End of
Increase
or
1
2
3
4
5
6
7
8
9
10
11
t2
13
t4
r5
16
L7
18
19
20
2L
22
23
24
25
26
27
28
108.1
108.2
108.3
110.1
110.2
115
L23
125
101
LO2
103
105
114
131
135
141
742
145
151
762
773
143
Utility Plant in Service (From P9 s, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction work in Progress
Utility Plant Aquisition Adjustment
Subtotal (Add Llnes 1 - 5)
Accumulated Depreciation (From P9 6, Line 26)
Accum. Depr. - Utility Plant Lease to Others
Accum. Depr. - Property Held for Future Use
Accum. Amort, - Utility Plant in Service
Accum. Amort. - Utility Plant Lease to Others
Accumulated Amortization - Aquisition Adj.
Net t Ullty Plant (une 6 less lines 7 - 12)
Investment in Subsidiaries
Other Investments
Total Investments (Add ltnes 14 & 15)
Cash
Short Term Investments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies Inventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Cun?nt (Add tines u - 24, less tine 25)
Unamortized Debt Discount & Expense
Preliminary Survey & Investigation Charges
Deferred Rate Case Expenses
Other Deferred Charges
Total As€eE (Add lines 13, 16 & 26 - 30)
181
183
29 tB4
30 186
31
$ 301.000.00 $
$
$
$
$ 3,142.00 $
$ 304.142.00 $
1.000.00$s
$
$
$ 292,498.00 $ 289,356.00
$
$
3 10,64+.00 $ (289,356.00)
$
$
t t
8.101.00$3.838.00$
$
655.00$$ 3,145.00
$
$
$
$
$
$
t 8.756.00 3 6.983.00
$
$
$
$ 66.125.00$ 103,813.00
$ 123,213.00 j r2L6,247.OOI
2021 Annual Report - IPUC 7of13
ANNUAL REPORT FOR WATER UTIUTIES TO THE IDAHO PUBUC T,TIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
BAI.ANCE SHEET
UABIUTIES & CAPTTAL
DESCRIPTION
For the Year Ended
Balance
Beginning
of Year
.00
2021
Balance
End of
Year
Increase
or
1
2
3
4
5
6
7
I
9
10
1l
t2
13
t4
15
16
17
18
19
20
2l
22
23
24
25
26
27
28
29
30
31
201-3
204-6
207-t3
2L4
215
2t6
218
22t-2
223
224
23L
232
233
235
236.11
236.L2
236.2
237-40
24t
251
252
253
255.1
255.2
261-5
271
272
281-3
Common Stock
Preferred Stock
Miscellaneous Capital Accounts - Owner Eqty
Appropriated Retained Earnings
Unappropriated Retained Earnings
Reacquired Capital Stock
Proprietary Capital
Total Equlty Capltal (Add Lrnes 1-5+7 ress rine 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 Llabllltles (Add rlnes e - 2e)
TOTAL UABIUTIES & CAPfTAL ( Add rines 8 & 30)
.r Onry f Commbslo]r Approv€d
$
3 $
$ 250.000.00 $ (50.000.00)
$
$898.00 $ (3.769.00)
s 250.898.00 3 (53.759.00)
t 250.898.00 t (s3,769.00)
2021 Annual Report - IPUC 8of13
ANNUAL REPORT FOR WATER. UIIUIIES TO THE IDAHO PUBUC UTIUTIES CX'M}.IISSION
NAME: Teton Waterand SewerCompany LLC
STATEMENTOFRETAINED EARilINGS FortheYcaTEnded
1 Retained Earnings Balance @ Beginning ofYear
2 Amount Added from Current Year Income (From P9 4, une 32)
3 Other Credits to Account
4 Dlvldends Paid or Appropriated
5 Other Distributions of Retained Eamings
6 Retalned Earnlngs Balance @ End ofYear
CAPIAL STOCK DETAIL
No. Shares
7 Descriptlon (Class, Par Value etc,) Authorrzed
DETAIL OF tOilG-TERI.| DEBT
Interest Year-end
Well Loan #1
Tottb
202L
$-
$ (173,453.00)
$ (173,4s3.00)
$-
No. Shac
Interest
Dlvldends
Pald
Interest
8
$
5.00%$$ 12.570.00
7,000to $ 250.000.00 8.167.00$
t 250.ooo.00 3 2o.737-OO t
2021 Annual Report - IPUC 9of13
ANNUAL REPORT FOR WATER LMUTIES TO THE IDAHO PUEUC UTIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
SYSIEM ENGINEERING DATA FoT t,Te YeaT Ended
1 Provide an updated system map if significant changes have been made to the system during the year
2 Water Supply:
2021
or location
Number 1
3 System Storage:
or Location
Total
Capaclty
000's
Gal.
Water Tank
(Duplhate form and attach lf necessary. Asterlsk facllltles added thts year.)
Rated
Capaclty
Type of
TBtrent:
(None, chlorlne
Fluorlde
Fllter
Usable
Capacity
000's
Gal.
Annual
P6dudlon
Water
supply
Soure
(Well, Sprlng,
Surfae
Constructlon
(wood.
Steel
Type of
Reservolr
(Elevated
Pressurized
330 CHL 58,861 well
Well70CHLL2,4tA
7L,279
s00 440 Elevated Steel
2021 Annual Report - IPUC 10 of 13
ANNUAL REPORT FOR WATER LMUTIES TO THE IDAHO PUBUC LMUTIES CPMMISSION
NAME: Teton Water and Sewer Company LLC
SYSTEM ENGINEERING DATA CONUNUCd For the YCar Endcd
4 Pump lnformation for ALL system pumps, including wells and boosters.
Rated Rated
Horse power Capadty
Designation or Location &of
Well #1 -
RWAL
r. Submlt pump qrrvu unl6 pltt,busly EovI'- or unayllalbb. Asta.fk fldfitb lddd ttE ya!r.
Attldr laldltbnal cra.t3 lt lmdaquata sDs b lv.lEbL m ttb D!9..
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?
9 How many addltional customers could be served with no system improvements
except a servlce llne and meter?
How many of those potential addltions are vacant lots?
10 Are backbone plant addltions anticlpated durlng the coming year?
It Y6, lttldr !n qpLnrt on of pror6 lnd rnuclpltad co8t'l
1 1 In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
202t
Dlscharge
Pressure
Energy used
this Year
7L279
L2057
436773
NA
Yes
NA
47
47
Yes
New Well - $350k
2022
40 330 98
7.5 70 62
2021 Annual Report - IPUC uof13
ANNUAL REFORT FOR WATER. UTIUTIES TO THE IDAHO PUBUC UTIUTIES COMMISSION
NAME: Teton Water and Sewer Company LLC
SYSTEM ENGINEERING DATA Conunued For tfie Year Ended
FEET OF MAINS
In Use Installed
1 Pipe Beginning During
Size OfYear Year
4',
CUSTOMER STATISflCS
2 Metered:
2A Residential
28 Commercial
2C Industrial
3 Flat Rate:
3A Residential
38 Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
TOTALS (Add llnes 2 through 8)
202L
6"
8',
Abandoned
During
Year
of
In Use
End of
Year
150 150
400 400
50000 50000
5600 5600
1700 1700
Thls
Year
Last
Year
Thls
Year
Last
Year
302 297
4 4
0306301 0
2021 Annual Report - IPUC 12 0f 13
ANI{UAL REFORT FOR WATER UTIUTIES ITO T}IE IDAHO PUBUC UTIUTIES CO].IIfiSSIOT{
CERTIFICATE
sratc of.I{Lha rrrl a.er,rt
counry of +VO )
)ss
wE, thc
of
rJullty, on our oa$r do severally say that the foregolng Eport h.s brcn pr€par€d under our dlreclon,
fmm the orlglnal books, pape6 lncl rccords of sald uullty; thlt wc hrve car€ftllly examlned 6ame, and
declare t'le same to bc a @r€ct staEment of the business and atralrs of srld uullty ior the perlod
coverEd by the r€port ln rGpoct to each and cvery mattcr and thlnO tlrerln sct forth, to the bcst of our
knowledge, lnformatlon md bellcf.
in Grarge of Acounts)
Subscrlbed and Swom to Beforc Me
*o12!!,,{a
*te+)t
7
My @mmlsslon Explrcs
gdVexcel/Jnelsoiyanul rF,wwtrannualrpt
CouatyMy Commir
M
St.t.
tron
2021 Annu.l R.pon - IPUC 13 ot 13
A[{]{UAL REFORT FOR WATER UTIUTIES TO THE IDATIO PUBUC UTITIIIES CO}IMISSIOI{
CERTIFICATE
Stat€oi{dr[o.Wlq**l
)ss
county of n>VJ )
wE, the
of
uullty, on our oath do severally ssy th.t the for€golng Gport h.s becn Fepared under our dlre(ton,
ftom the orlglnal books, papers and rrcords of 6ald uullty; that we have carefllly examlned same, and
declare the same to be a correct staEment of the bushess and 8fialrE of sald uulity for the p€riod
covered by the r€port ln ruspect to each and every matEr and thlno therln s.t for$, to tfie bcst of our
knowledge, lnformrtlon rnd bellcf,
in Charge of Accounts)
Subscrtbed and Swom to Before }le
*oL/?",aa
*le+ls
I
My Commlsslon Explrcs
gd k/excel/JndsoV.nul rptvwtrannual rpt
M
Strtr
My-1-
2O2l Annu.l Report - IPUC 13 of 13