20240806SWS to Staff 56 - 2023 Annual Report.pdf

Case # SWS-W-24-0 1 -StoneRidge Water Company General Rate Case
4th Production Request
REQUEST NO 56: Please provide a copy of the 2023 annual report. If not
available, please provide a date when it will be filed.
Answer: Please find attached a copy of the IPUC 2023 Annual Report for
CDS StoneRidge Utilities, LLC. A digital copy of the Annual Report has been
uploaded to the IPUC Box cloud storage for this case
Company Response 7/8/2024

ST NERiDGE
-_�51
StoneRidge Water Company
P.O. Box 298
Blanchard, ID 83804
Ph(208) 437-3148 Extn. 4
Sent By: Email
June 14, 2024
Monica Barrios-Sanchez
Commission Secretary
Idaho Public Utilities Commission
11331 W. Chinden Blvd,
Bldg. 8, Ste. 201-A
Boise, ID 83714
RE: SWS-W-2023 Annual Report Filing
Dear Monica:
Please find attached the 2023 Annual Report for StoneRidge Utilities, LLC.
Plea a let us kno if you have additional requests.
Since el
Ch a piah
Managing Member

STONERIDGE
StoneRidge Water Company
P.O. Box 298
Blanchard, ID 83804
Ph [phone] Extn. 4
Sent BY: Email
July 8,2024
Michael Duval
Deputy Attorney General
Idaho Public Utilities Commission
P.O. Box 83720
Boise, ID 83720-0074
RE: Fourth Production Request Submission—Request to restrict access to The Company 2022 Tax Return
Mr. uval,we would like to request that the 2022 Tax Return for CDS StoneRidge Utilities, LLC.,which is
part o -PRR#4 submission be treated as "confidential" and not to be available for broad discovery. Contact
Jason Piskel our to discuss this issue.
Plea let us know if you have additional requests.
Sinc I
Chan upiah
Managing Member

ANNUAL REPORT
OF
NAME
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2023

ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING
COMPANY INFORMATION
1
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
11 Are there any affiliated companies?
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact Information Name Phone No.
President(Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
13 Were any water systems acquired during the year or any additions/deletions made
to the service area during the year?
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? 1� tqp
Street Address ! y 6 1
City r
State
Zip
Rev 3/02 Page 1

NAME: CJS
COMPANY INFORMATION Cont.)
For the Year Ended �- 3
15 Is the system operated or maintained under a
service contract?
16 If yes: 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 If yes: Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
Gallons/CCF II $Amount
Water Purchased ►� y I
19 Has any system(s)been disapproved by the
Idaho Division of Environmental Quality?
If yes, attach full explanation
20 Has the Idaho Division of Environmental Quality
recommended any improvements?
If yes, attach full explanation
21 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 31.21.01.701?
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
Rev 3/02 Page 2

NAME:
REVENUE & EXPENSE DETAIL
For the Year Ended
ACCT# DESCRIPTION
400 REVENUES
1 460 Unmetered Water Revenue /_
2 461.1 Metered Sales - Residential 2- 1a
3 461.2 Metered Sales-Commercial, Industrial - 71 067)
4 462 Fire Protection Revenue y
5 464,, Other Water Sales Revenue
6 465 Irrigation Sales Revenue . 2-
7 466 Sales for Resale
8 400 Total Revenue(Add Lines 1 -7) � - �� d d
(also enter result on Page 4, line 1)
9 * DEQ Fees Billed separately to customers Booked to Acct#
10 ** Hookup or Connection Fees Collected 7S Booked to Acct#
11 ***Commission Approved Surcharges Collected Booked to Acct#
401 OPERATING EXPENSES
12 601.1-6 Labor- Operation & Maintenance �u ��>>II� ✓ ',11
13 601.7 Labor-Customer Accounts
14 601.8 Labor-Administrative&General 7�'[0 •w
15 603 Salaries, Officers& Directors 31 30 3 00
16 604 Employee Pensions&Benefits
17 610 Purchased Water
18 615-16 Purchased Power& Fuel for Power 4 t� P/ c)G)
19 618 Chemicals 1 S 3 - v0 "
20 620.1-6 Materials & Supplies - Operation & Maint. /ZZ2-bZ 'A D
21 620.7-8 Materials & Supplies -Administrative & General �"6, O O
22 631-34 Contract Services-Professional e)o
23 635 Contract Services-Water Testing
24 636 Contract Services-Other
25 64'1-42 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)
31 670 Bad Debt Expense
32 675 Miscellaneous
33 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
Rev 3/02—rI 7/(. s / _� P A(0(�:,.. r✓� Pat e'3
9

Name:
INCOME STATEMENT
For Year Ended
ACCT# DESCRIPTION q
1 Revenue (From Page 3, line 8)
2 Operating Expenses(From Page 3, line 33)
3 403 Depreciation Expense C�
4 406 Amortization, Utility Plant Aquisition Adj.
5 407 Amortization Exp. -Other
6 408.10 Regulatory Fees(PUC) A
7 408.11 Property Taxes
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list) DEQ Fees
9B
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes
12 410.10 Provision for Deferred Income Tax-Federal
13 410.11 Provision for Deferred Income Tax-State
14 411 Provision for Deferred Utility Income Tax Credits
15 412 Investment Tax Credits-Utility r
16 Total Expenses from operations before interest(add lines 2-15) � / 7 7 t
17 413 Income From Utility Plant Leased to Others
18 414 Gains (Losses) From Disposition of Utility Plant -�
19 Net Operating Income(Add lines 1, 17&18 less line 16) ✓ ��
20 415 Revenues, Merchandizing Jobbing and Contract Work
21 416 Expenses, Merchandizing,Jobbing&Contracts
22 419 Interest& Dividend Income
23 420 Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility Income
25 426 Miscellaneous Non-Utility Expense
26 408.20 Other Taxes, Non-Utility Operations
27 409-20 Income Taxes, Non-Utility Operations
28 Net Non-Utility Income(Add lines 20,22,23&24 less lines 21,25,26, &27)
29 Gross Income(add lines 19&28)
30 427.3 Interest Exp. on Long-Term Debt "��
31y'427.,5'� Other Interest Charges Loil AJ
32 NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) �' y�/, f~ rjl
Rev 3/02 Page 4

Name: si�voe P A< _ 41li�i�� LLC.
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 1V 31 `? 7,-?
Balance Added Removed Balance
SUB Beginning During During End of
ACCT# DESCRIPTION of Year Year Year Year
1 301 Organization
2 302 Franchises and Consents
3 303 Land& Land Rights 4 304 Structures and Improvements 1 7
71 , v Zn -771 . ', ,'•0
5 305 Collecting& Impounding Reservoirs
6 306 Lake, River&Other Intakes
7 307 Wells
8 308 Infiltration Galleries&Tunnels
9 309 Supply Mains 1Z_ D
10 310 Power Generation Equipment
11 311 Power Pumping Equipment
12 320 Purification Systems 07 C5, 0 1 g
13 330 Distribution Reservoirs&Standpipes
14 331 Trans. & Distrib. Mains&Accessories
15 333 Services Z00 a 9 �17 `i L,06 0(20-
11 ?
16 334 Meters and Meter Installations - � )1 Z5 I
17 335 Hydrants 3)523
18 336 Backflow Prevention Devices
19 339 Other Plant& Misc. Equipment J } �'C, 0.5
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 Miscellaneous Equipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE I1 ' o , -( - 2-0
(Add lines 1 -28) Enter beginning & end of year totals on Pg 7, Line 1
Rev 3/02 Page 5

Name: C nc,, AGt L L C
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended Q-\BO.2-;�
Depreciation Balance Balance Increase
SUB Rate Beginning End of or
ACCT# DESCRIPTION % of Year Year (Decrease)
1 304 Structures and Improvements 24, 8 Zt•
2 305 Collecting& Impounding Reservoirs
3 306 Lake, River&Other Intakes
4 307 Wells
5 308 Infiltration Galleries&Tunnels
6 309 Supply Mains �l-� 1 ` `�0�3�� `��.5`�\ 8
7 310 Power Generation Equipment
8 311 Power Pumping Equipment
9 320 Purification Systems
10 330 Distribution Reservoirs&Standpipes
11 331 Trans. & Distrib. Mains&Accessories
12 333 Services Doc1� OZ D 3 3
13 334 Meters and Meter Installations Z b 1 1_ 21 +3��� ��25 �q8
14 335 Hydrants 'Wl C� I Z q�5
15 336 Backflow Prevention Devices
16 339 Other Plant& Misc. Equipment g r
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) zo,4�'5
Enter beginning & end of year totals on Pg 7, Line 7
Rev 3/02 Page 6

Name: tr-=VN [c a L i T l6!
BALANCE SHE-T
For Year Ended 2 3 r 7
ASSETS Balance Balance Increase
Beginning End of or
ACCT# DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service(From Pg 5, Line 29)
2 102 Utility Plant Leased to Others
3 103 Plant Held for Future Use
4 105 Construction Work in Progress
5 114 Utility Plant Aquisition Adjustment
6 Subtotal (Add Lines 1 - 5) 22 194S G)1 J D-7
7 108.1 Accumulated Depreciation (From Pg 6, Line 26) OO�T QZ S$ Z5
r
8 108.2 Accum,-Depr. -Utility Plant Lease to Others
9 108.3 Accum. Depr. -Property Held for Future Use
10 110.1 Accum.Amort. -Utility Plant in Service
11 110.2 Accum.Amort. -Utility Plant Lease to Others
12 115 Accumulated Amortization -Aquisition Adj.
13 Net Utility Plant(Line 6 less lines 7-12)
14 123 Investment in Subsidiaries
15 125 Other Investments
16 Total Investments(Add lines 14& 15)
17 131 Cash I 619 9b- (25
18 135 Short Term Investments
19 141 Accts/Notes Receivable-Customers 5 2_ Z 1/j 'n 36
20 142 Other Receivables
21 145 Receivables from Associated Companies °L
22 151 Materials&Supplies Inventory
23 162 Prepaid Expenses
24 173 Unbilled (Accrued) Utility Revenue
25 143 Provision for Uncollectable Accounts
26 Total Current(Add lines 17-24 less line 25) 6 96 1 -7 J 1 0�0
27 181 Unamortized Debt Discount& Expense
28 183 Preliminary Survey& Investigation Charges
29 184 Deferred Rate Case Expenses
30 186 Other Deferred Charges
31 Total Assets (Add lines 13, 16 &26 -30) 0 1 ,2 20 2.,3 5 5
Rev 3/02 Page 7

Name: C�S � subei UL'1IDS
BALANCE SHEET
For Year Ended L1 R.)1 I /_ o '�
LIABILITIES & CAPITAL Balance Balance Increase
Beginning End of or
ACCT# DESCRIPTION of Year Year Decrease
1 201-3 Common Stock
2 204-6 Preferred Stock
3 207-13 Miscellaneous Capital Accounts
4 214 Appropriated Retained Earnings
5 215 Unappropriated Retained Earnings o J, Zb
6 216 Reacquired Capital Stock
7 218 Proprietary Capital
8 Total Equity Capital(Add Lines 1-5+7 less line 6) C2.2 3 6 q00
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long -Term Debt 101 005 2-5 G
12 231 Accounts Payable 3(0 1 C, D 53
13 232 Notes Payable
14 233 Accounts Payable-Associated Companies 9
15 235 Customer Deposits(Refundable)
16 236.11 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
24 255.1 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(Add lines 9 -29 Z(3 Q\ 0 2(A-`6
31 TOTAL LIAB &CAPITAL (Add lines 8&30) 570 8 AqDjS [_S IqC� 0
** Only if Commission Approved
Rev 3/02 Page 8

Name: C��r,ty\� b 6 U!, yAo U\-
STATEMENT OF RETAINED EARNINGS
J
For Year Ended !-)6 Y.J
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year Income(From Pg 4, Line 32) t! 2�2 G(,q
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
No. Shares No. Shares Dividends
7 Description (Class, Par Value etc.) Authorized Outstanding Paid
DETAIL OF LONG-TERM DEBT
Interest Year-end Interest Interest
8 Description Rate Balance Paid Accrued
3 02
Rev 3/02 Page 9

Name: A \ \ A�'b U-y
SYSTEM ENGINEERING DATA
For Year Ended 6�Z1 `L
1 Provide an updated system map if significant changes have been made to the system during the year.
2 Water Supply: Type of Water
Treatment: Supply
Rated (None,Chlorine Annual Source
Capacity Fluoride Production (Well, Spring,
Pump Designation or location pm Filter etc.) (000's Gal.) Surface Wtr
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres- (Wood, Steel
Storage Designation or Location Gal. Gal. udzed, Boosted) Concrete
Av
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
Rev 3/02 Page 10

Name:
SYSTEM ENGINEERING DATA
(continued)
For Year Ended f
4 Pump information for ALL system pumps, including wells and boosters.
Rated Discharge Energy
Designation or Location Horse Capacity Pressure Used
&Tyee of Pump** Power m (psi) This Year
**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?
What was the total amount pumped during peak month? p
What was the total amount pumped on the peak day? l ;Z /4,
6 If customers are metered, what was the total amount sold in peak month? '!
7 Was your system designed to supply fire flows? Ye w>
If Yes: What is current system rating? L
8 How many times were meters read this year?
During which months?
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?
Rev 3/02 Page 11

Name:
SYSTEM ENGINEERING DATA
(continued)
For Year Ended
FEET OF MAINS
In Use Installed Abandoned In Use
1 Pipe Beginning During During End of
Size Of Year Year Year Year
J
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
This Last This Last
Year Year Year Year
2 Metered:
2A Residential ��J
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 tt��
TOTALS (Add lines 2 through 8) L�
Rev 3/02 Page 12

CERTIFICATE
State of Idaho )
�,� ) ss
County of `1)Y�11(��)
WE, the undersigned �W
and
of the dA
utility, on our oath do severally say that the foregoing report t4s 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 eriod
covered by the report in respect to each and every matter and thing therin set forth, to the st of our
knowledge, information and belief.
(Chief *cer)
(O If c inM argeaA
Subscribed and Sworn to Before Me •�....
.• o
. �
day of V '� a
this • � •�
n • •
•
Ivo ex
N ARY PUBLIC I� y��, OF
My Commission Expires
gdklexcelrnelsonlanu I rpts/wtran n ualrpt
Rev 3/02 Page 13