2023Annual Report.pdf

csw-w
RECEIVED
2024 June 24 PM 12:ub
IDAHO PUBLIC
UTILITIES COMMISSION
ANNUAL
REPORT
OF
Gem State Water Company LLC
NAME
250 SW Taylor St, Portland, Oregon 97204
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2023

N
O
N
N
rl
n n n n n
W W W W W
ry N N ry ry
T 01 O� O1 01
O V II1 �/1 V1 II1 ll1
w N n n n n n
c n r n n n
O W W O
L O
Z
J
J
L
V
O
w
10
W
� v
e
� w
m Z E
E Y
z °
x t
O
H w
O
N
N
U W
J
C
0
O O j C c C w
f 3 ° a`T E E E E v J v
�'+ W a
U
p ry L m L
E __
a a a T a ;,
En `N a1O• 3 c 5 a ¢ ¢ ¢O ¢ E Z?'N V OW WO l7 N °w ° « E CD wr
O, Y co Z UJ WE v.y(7 9 \ C
U 2 c >
o-J in n n U
2
W "s ;
z
o
aLu
Lu °;
w
H O o Y m
p c w
F v
n o v
y c rn p w c
W O in u J al
w n U U L J wn
n N C A y f0 c 'L U.
w
7 w E w` d > dd Y a E y U
ce y c m
` v . o E
N o
m E
oH E
w n °
9 w
o E m
'm c m o v w
a, y A D y w > V w y
O _ � Lo E vp e U p ii
pa a E m a '° c c i Eul
o` w o` rn to m 3 w >. .w. E f v i w
O c w ° v w m U v Y_n Z' c E x in U Vi iv l7 O N 3 3
O
J lL N N x0 N w U w i I` N y w C N
7 IZiC m u Uc C i m a0+ N w w n C O� ] w w L v H y ..
L y O
c0 N V y w O c E V w O L 2 r
< G C7 O O ¢ a U �n N O H ¢ U � > cn C7 U w w ¢ 3 3 .. ..
y ' a
F r y f Y
z U .. -

N
O
N
M
N
rl
�D
Go
n
ill
M
m
10
r•
C
n
O 9
u y
m C # #k
Ln
w W Q Q
a m a a
Ln i 0 Y
m IL m m
m
u ul V1 O O M N
U No 0
N E
C O O
O n U
w >
m —
C7 >
m
Z tf
m
� a
0
a o
w Q
o `w
n m
O w w
z > >
rn
c �
> c
m
E
w 0, c w EL°1, m
u Z En
oLn
ma = O
c _ z
o
U
(A 0 o w m m m
E c w
m° Y
� w
w o n N c 0 E > > a ^ a o w E w c
m o ° w m o Q U w o > m a
v > c > > a o y U w w v a
E n N c c c to v m _
o c m a tf E c 50-_ m 3 aF 3 d v o
3 a r o N > W m m y to
2 w O O Q c _ d w E N t u o sw+ G w In In i m c >
N A 0 0 rn a w cl m E ° w E m O m O W v w w o 3 4 °
o Z c w - E fA w a Y N
t E E c .T. y n is i, n rLo v a U v1 U E o' m a E w E .w. aw+ y r rn w am+ o m
m „T, n x a c x � a°. v r O m o. c m w m o
�i n Z Z V lf1 N 2i w u m o O 0 w 0 u V' x � E ii O .. (n H ..O C u w
•• LU
o r y E 2 a y m o r a t dS u a
3 > m m qq ou > j rn a
2 q 2 v z O' 2 0 Z o o m O a m z umm v a v v v v a a
` c w w
T T •y y@@@u T <
Z N W O�

M
N
O
N
rl
M
N
rn a
a ao
L
in n
u �n
(no V1 M n at N
n R N 01 rG n R O O O N Ill R M + rG O
R O W OD N R N R I� l/1 O Ifl Ip O R 1
+ _ D r0 ul
M n R N M 111 �O R I� Ot R �D m R It n R w w m
R R R m R ID M N N In v
Ln
d
C
u W
V
¢ w
o y
0 Y
O
0 N V1 M
m M H! rfr tR fq iA fA W V! +A M IA M M 1q Vi W fq IL H iR iR N N N 1I� V/
O
O
O
m
N
v
W W
In N x
W c �
r v
m m ¢
X 8 > m w c
x
x �
? C m N = O N C C J K J LL
F C m a q C N E N L Q J U a Q O'
v o w o w
u a c 3 v v O ¢ v +v+ v ' o
o m L o- N E a
o c `
o aD a O w nx o w T x
V dS Q el C ySi N W K N N W U a Vl y = - m
,v V ° E L N d d u U _u W W E C O —.0
92 EE w � S > > Q c n o n e m v E
o v o Ln n Z Z Z o o x u x 3 LL Lu c c c w x v o
d o'f d jp W I` y T N x ti
y w a�i �, N in in in u o a n m w c is m io o` �, m
a v oT m io u io m m 0 '` t+ U m m m O H c V N N m i ~ m
V d a a 1O G N i Y C C C C C N > i Ol y h E W O O O• O. T L a
a m m 6 E > > L 0 0 o v M v m m m o v F N a w E E w ° m v
to w a a U U U u rL H Q z m H C7 H a O ¢ ¢ a a a O w
E.
m a
m o 00 0 °r
x x . e e m e . a . . . . . . LLI
w O
f
.10-i .^-i N N N N N N N N N M M M en Z r=i m Qt Or Qt

.r Ln m N a m m
Ln ry N a o n .+ .+ M o M
o+ in .+ n
N N vi n
rl
O1
U p
C
N V
� C
m w
N
O
N
.-1
M
i1F fA iR W H N to 1A +A +R W +R aR rA +R Vi aH tR Vi Vi
OD'
N l
n
Ifl O
' ry
n
W m
p ` m
� Q }
CK
In m o
N a• m o v
o m ai ai
N
M R
� N
9 Q �
9
W
A
W
L
tlf iR iR M O
LL
U1 ID N ? O� N C Vl N
C m n O Ol Q� O Q� Vl
tIl Ol IO M M n V1 N N
VI N �O m rn C
M v
U1 C
U - N
C C Q1
Ip C y
m N O
m
CIZ
Y
O 0
N
io U C � rs z V. � w
W i X
cn ~ O = , v u c '^ _ z
Y = A 16
o p a v
z `w i
>,-
O O O JO In In Q
u - al N ¢, rn c, E v >. �. O i ? v - m o E rn o E m el
S S c m w > c M ~ o f
O N 'N .C. O N u = W w E Ul O � O a C
w m v E Evv > > '- w _ 'm
U E E
X w U — 1-C1 L O N C O O C O .C. A J L U L E d y ` w i vOi
O GJ OJ W X N - w U U O Z Z O Z C U c i OI U/ o
O O p Im > W z T L O " W m W C a' c E m m c In a
o E — x o w > > x - E a v 3 c m = ,� C7 c y 'n c
ao o ° m v 0 ow x u w v 0 w M m a+ v c 'm c E o o 0
V C C C W w O U C C Ip H N a-i U u N vOi J C u O O
S 0 0 0 E W w a w c m m o z H ^_ o � a
y E O y w w ; v d w E z m v m a Za u w ai T n w` `w c
10 .o .o ` > i o > 0. w o u�i u�i L o ` w L E J rn ` c Y w
o S m ar a� x S w v a m o S o o
cn a a a H 0 Z a w ¢ f � O z C7 O Z C7 � O W J vl U J � Ill
O ~
U
m
a v a a a c a v v v v v a v a a a > > M n M n M rl rl m M M rl M rl
W O u
F U
'a N m a% M R Ill IO n m Cl O .-I N Q U
N
.y ei rl N N N N N N N N N I M , Z Q

Ol Il1 Ill I� 111 T ry W W Ill O Il1 o W M W o ID M m 01 M
Ill O W O Ol Ol Ill N IO Ill {� N M W T W Ol W Ol Ol O IO V1 N
C M IO
Ill Q N C M O N Ill M N �y N M .i Ol M Q Ol C w
Ill I� Ill O n C 1p N .-I N
N ry
M
v a
0 w
mo
c
.. p
M
N
O
N
rl
M
O O O O O
O O O M O O O O O O O O O O O O
ul vi NM N .+ ri
Vl Ill N M Q I, C
H Ol m W C Ol C ll1 W Vl I vl IO O O
IO N M IO
01 rl 'i
w
O
m v m
� w }
m
vi IM
m N O Q w Ill N O
P M
{p W W O Il� N Ill Vl
W v O W I v '+ N
.-I N .i M m ID ID M M
Ul Oi
u C
U
� m
w
A
}
W
L
�D lfl !� IO N W W V1 W m V1 N IO tl1
W
W P Q
W
N
O
N Ul
6
U!
N N N N V' IA JI �? N V' W N ul Vl iR
O J
a
p z
N ap a 'o n 10
E UIc
o a
C N O C U1
N
E E o- c w - > Z v z w � w In < z u E E
n w m c w c a
'� w v E E > n o o w i n E aS —_y° v
0 0- w E m _n n t' LLJ E U v � n o Q w E
c w c a E w o u a n y w w E o j
o N c o
y � w v a a N a Z w y ZO E n i w` o w y m W. a w m w c
oD o a `° w m o H ry m c E o3 1O '^ m E � °a o a
y rn i
ow > o cc
a m ~ J I m E < a a> v c ao
Oa10 Oou w
Fmn in m o O U O H to H n x> mm woE
W H
u
V
ma m a a rn M n m
m n n n m m m w j m m n m m m M rl n rl n M m m m m m
M: U
W N W O .i N M P Ill ID N W Ol < U O N M Ill W Ol
N N N N N N N N N N Z Q .a N M Q Ill IO 1� W Ol .i .y rl

O rI M M m w M N O I Ln Ill N 10 m O n
,may W m N Ln vl N l0 Ill O .-I m Ch
a IO m O
Ill ei rl m O, .-i m lfl Ifl O m
O .ti O Ol O Irl
v m rn
u u
c a
.. p
M
N
O
N
M
VI � N M M iR N N N M M N Vi N fR N N N M N N N H4 N N N
O O O O O O M O N m IO Ill O rl
O O O O O M 1O O IO M m m V- CD O co
I� • m '. O m G a, V I� C n
W ID l0 Ill - p.l Ill O .-I .-I O 10 Ill 7 I� N W a
W M M I� V N M N W N W O It V M
10 M 1p n N
N
M
O1
U Q
C �
Ip W }
W
1� W m Ol Ln 4c0 to Q N M Q
co
m M a mwi
It 1p OI R O .. IO
N rl N C m
N m N M
rl N N "I
Ul C
C C N
Ip C }
m W O
a co
w
`m
w
L
M IL N N N N N N M N N N M
W N
Ul O L � OI
O U C H L
J O
cEn
C U
v O N c
aci as a - aci LL w m '� as E E c o
o. _ (A [C
J UI U
Q _ T Q to E o v a c v m m U w c n w L
C C W LL L Ol C 2 C C O W T J >
w E E T n p O a°` ¢ ° a >. •o _m a w .0 = ° S
E C aJ E Ul E U O ` C COY°I V t$
c7 E Iu w 'J ° U
v n a c w .v. Lnvl
m IJi ° � - w a E c v y a o n u°1i w
° m
N W - m C J 2i Q p �+ ¢ A C E E .C-i 1p In W = C p In
O w m J V 3 c v n a ° o w a 'o >- o n u w m m
n T v u ° Q' m c c c a, v w E E �. c w y E w .� w 83 x ry Z'
tLil O m (!� fO a a = ` a m 5 p p ¢ ¢ = E ,�„ H z K m m v o V o
m `w E w Q n i i - y y E E E E E E N > n - ' ., E
O O5 J J J J J J = OJ W a10+ N O) i N E
°o m o E In L O E c c a u u u u > L o u L u v 0 1O v
Ul O J u u U U V W H O N L U O) C O C
H J a U f O H u > > a U 7 to Q ¢ Q ¢ ¢ ¢ 2 O H U In ¢ O rr F a p a H 7 a
W
S u
IA ¢ -• m
m rai rpi rai M w o .. o o .. .. .. - - � - - .. .. ..
,., U .. ,. ,. .. ,. .. .p. .�. .p.
w =
g
O .-I N M V Ill b Q Q O �. N Ir1 Ill l0 m O
N N N N N N N Z m

o N O M N M M I� N O O In Gl N
m W O N N I� O M o m m Ill .ti I coR
N O V V M ry IO m M m m W N
of Ill N ry m O N M V O m in
M Ill O N Ill N M Ill co
t1 In In M R W Ml
ei ~
w
IO �
� O �
U U
H �
M �
N
O
N
rl
M
iA iA iR � di Ni iR M iH Vi iA fA M to +R M i11 ill
O a' O O O IO m N M O O ri In
IO n O O O of m N .y O Na O N
In O 1� Ml m m of O N In
Ill p of N Ip , m O D\ N O ;! N n
Ill W Ill IT b M Ill N .-I In M m In
N .-i m ri of O M .� al m
Mj 9 o IO In Io M In M M N W
M M y M N N N
ti Ml
w
u p
C �p
� � w
� C y
m W
fp yl M M ih
O N O O O n N O O+ O In Q,
N
Ol yl m In m M O N
V p IO Ln N n Vl (:� of V
ti M Ol N in pI
w C
u •- .a
IO C >
v m
w
`m
Y
w
r
w N •s In N w w �! w w w •1• w w w
J = a
� = N
Ir C T —
a ° a
U w C E Z O O X 4
M + V _
N ti N N O. u w w i+ vI u � J u
U w ._ u ,,, 2 ¢ Q
v w u c c E o w w a s X a N E
J A U m w a c
C C W U W - C N T J J C ~ U O OU Q > C
n n u W a w 0 a o v c x u S U E n
N o < w o w u a ++ a E ~ v u ` ' fA a u
t - a ,10. aY y i s E w v " m H z w ¢ a fO w w > ¢ w a W N
Um u v ¢ m Y u u s w A m U ¢ F m m ° ~ ° S o u° a
y y 3 0 ° � U u o w L o X a c v o w c o a = q E 3
z `w w .w. en In ° o S w w a N w` w > o E y 7 w
w N ° w m o ` 1p c w ° w v v
v o Q o - •a nJ v w c d c E w w w w u O c O E E m E
al v y E w N ° n $ Q y A w` o - Jo ° 2 2 : a > t u Ju v u Ju a10. H o` E
Q O 0 o v a . w o 0 o v i u o u u u u u u u a O u u o O r w
U a � ¢ � a m H m ¢ O ¢ z ¢ U ¢ ¢ ¢ ¢ f ¢ O ¢ ¢ O u ¢ ¢ F H ■ C7
W F
S u
IA uu
W ZW m v ry ry ry ry ry ry N ry ry ry N ry
� ry ry ry N N ry ry ry ry ry ry ry ry ry N ry
5
N M It In Io n m m o .+ N M a In Io n m rn o ., a
N M m Z W .y N M Ill IO N co - - - �"� .-i �"� - �"� - - N N N N N N N N N N M1 Ml Z

v a v v a v
0 H 4 3 N
M M
N N
O O
N N
M M
N iq � fV
O � n
In N N
M � �
M �
O O O O O O
tp Ol M lD �D
O ti
N N Ill
iA iR ill H
J Q Q Q Q Q
W a u
H c c o U z z z z Z
Nol v � E `u - Y�
C C
W W
A 10
71 N
L L
U I°L
N
L
-
C = Ill O O l0
a v
E
i
T
U)
L
O
O1
N
E �
W C
v A
a
v n
> � L
m
L p
O
N r
J
C
� N m
L � a
} o
m O1 U
� o C U C Y J u
C ti C p T O N
u
In
m } w y E m rn =
o E
U E ° J m `O = p v
Q o >
ca; Q '01' Q to
ul U nui
w m E ¢ uoi m n G C a g d ul in o
o
2 O Q C J N N N j O W
;° uj
U C7 U
W Q W N Y O Z O (� Z f UJ CO a d a Y Y Y Y
c U v O .n O ,n rnl O
_ a
w y E L L win
w o v c W o '° } u u Ln m
F � Q o o O s Q o o F F a 3 vl J m m m o
N
r1 N M 7 Ill lD I� G W
W

c `o 0 0 0 0 0
U U U U U
0
N
M
N
U1
O O O m C ; W N N d
O M m ^ l0 o iw O O O
N 'T IN O O O a
C — a O mN m w m v ` o
Nm N m oO d d d
m
G Q Q Q Q Q
Z z Z Z Z O O
O �'1
a = N O O O O O O w t m Ill Ill O O loN N
v N N Ill ^ N M N N
U
9
W
w
}
L
O
W
O O O� On p O O O Ill O O O O I� N O O T Y O V O Ill O O O O O � L o .y N
V N 111 �
S
A
W
YI
Y
lo 0
� O
A N �
O W C
u � �
0 3 c
M N C Y
C
o N LL
p Q U
� C p
L
:2 U a A O A
uAi J E E A E
o
U' to T A A J Q A n
A C E T T O
o o u u m w v > >
^�
f1 _ ac u n iL 3 n a
O UI In ry In to L O C N F N v W E
r C N C C p O C C C IO U U J Ti m m (D j O O
O C C O C C + N J C A A — — U O O
Q Q m !O F Q O O — L t Gl N m m
cc
o 0
o
o u U m m m c o u j
z m > c c ni m o o A z o 3 3 3
o ¢ A
N-I 3 m E W E c .Na o o c 47 C� C7 C�
U Imn IMi m o o ° u ., `m U U Imrl o o w u w o o .+ c g o U U U v
Y N M x S S In O Ol C7 Y Y N 2 o C7 'L
O C O
w n H zLn A a
m tY td > 2 2 ? J U m m K S S w W J J J U U U U
O m m 2 i!1 !n vl m m O O m P- � Q W a O In of vl - m m m m
F f N
Q }

w
E
v
N Ul
ti N
N
O^ O W
O N
N m Ln
U m U C
Q 0 W m O m In J N
N Z N m ^ N
J O J n
O !n >_ n U v
m L a,
N
E
LL
111 ul ul O O
O O ul O O O m CO OJ m m
W l0 Vl m N N Vl Ill l!) O O
R R R l0 lD
Vf Ill Ill O O O Vl Ill O O O O O O
N N Q] N r• � � Ill r• N O Ill Ifl O T O
N
O
u
O
v
E
m
vl
0 0 0 0 o M M o In o m o vl In O o 0
l0 lD l0 .-I Ill N M ry ry N �
6
T
m
rn
y
0
T L Ip N
V 0 �
O n
m o E n E
o
a o m n y v
'^ E E Y o E a
j
N n 3 3 o w rn v o v
z
EE Em n n n w > v ^ v
In Ln - of y m
9 m a n n N > C - O.
n n E a 3 O C 2 2 C C C C 3 d jL OU E C U
N O O > N > > > y N N N i C
a a v v v o in in v o
w W m m m N
0 W C In
In E c c C O u W — O
0 "m a ° c c c c > m ° ° ° v c E w i
m° m
o
z z cc v yO I —>
0 0 0 V O O O o
0 o a w w m m
3 3 L A U U >
m o> c1n0 m w m m > E E 8 E
0 C7 U U a m m m m n m v A m m N A 0 m u 3 c
U U U U U U U U U IA In In Itl Ill m O O L L 'C N L T L > X a
Y Y Y ]C Y Y heY Y N M N N N 2 2 2 u I^ m 3 E j 3 C 3 C N Yl
m m
E N i E E
vl to vl to m m m m m s rc "f a ce > x x Y a 3 " m o o v
m m m m o 0 0 0 o m m m m m 2 f F E 'm . 3 .+ 2 0 2 a
a t
N
• • R � Ill m r• m Ol �

�I
N O N l0
� � f0 T l0 W 01 n l0 W T Il1 Ill � M M l0 In M O O O O O �
> U1 W W M l0 N l0 O Ill Ill Ill W
U w W
m J M
Ln N
O
N
M
H
W
C O
O C �
L N
C Clr
a
a
v rn
— C �
c
W ..
C
W
A
Y
W
L
O
w
W C IO lfl IO W N N M Ol 1l1 Ill a •� W O 7 O O O O O O
C OI W Ip lD R M M l0 Vl O O
N N 10 N O O M N O N M O IO M tp
O •• m O W N �'q N N M
V
O
N
O
m
o u v V u u U U -y U U U U U U U U U U V U U
O1 O > 7 > > 0 i C > > > > > > > J > > >
N C C C d d d d d d d d d d d d d C d d
d ) > W V W
d n C
v�i C7 �7 ` U
n n
u �
_ E w
3 =
T
Y
u i0 r C 9
AL. V Ip r
a W d C
°y E -
q C
1 n n U CO
q u x u
w
o O o w
0 oT w m U
A U IO Vl z
q L
E W
l7 z In
z
q L z Q d Nui
q C x O d Vl Ldui
IO li W
f cn . - Z v m a > H
.a z (nn ti N J m G m m it

R Q R
ea
j~
\ kE
kj
|!� o
j ( \ /{\\
!
�l=2
rrB!
§ [ / 2 |
6 ! :2
E , 'Z
Eo # \m
� u 11 -
§ a _ 2 _ - _ \ \\k\\\
§ `
r zi � / \ k E \ \ ! j
[ a _ u _ u - { \ }
G = f & &
§ f = » \ 2,: / R
k
u _ & a e , a m e _ r « ,

s
0
u
Q
a
I O1
m
c
u �
. O
O
16
u
13A G co W
7
O
a
a u Z u
L'n i S