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Home My WebLink About202408222nd Quarter Report 2024 - CONFIDENTIAL.pdf RECEIVED Thursday, August 22, 2024 IDAHO PUBLIC UTILITIES COMMISSION ST6NERiDGE StoneRidge Utilities P.O. Box 298 Blanchard, fD 83804 Ph(208) 437-3148 The Responses in this Document are to be Classified as Confidential Sent: By Email August 22, 2024 Monica Barrios-Sanchez, Commission Secretary Idaho Public Utilities Commission P.O. Box 83720 Boise, ID 83720-0074 RE: Case No. SWS-W-18-01, Order #34391 Standard Quarterly Report 2nd Quarter 2024. Ms. Barrios-Sanchez. Please find the following item for your review regarding the 2nd Quarter 2024 Quarterly Standard report. 1. Profit and Loss Statement for the 2nd Quarter 2024 2. Balance Sheet for 6/30/2024 3. Non-Recurring Charges for the Quarter a. Transfer and "re-connection Charges b. New Connection Charges 4. List of Complaints and resolutions for the Quarter CDS StoneRidge Utilities, LLC is the record holder for all documents pertaining to water connections. StoneRidge Utilities office is located at: 12 Holiday Loop Blanchard Idaho 83804 Contact information: (208) 437-3148. Utilities Administrator: Teresa Zamora Manager: Chan Karupiah S' c P ley 1. Profit and Loss Statement for the Current Quarter 5:23 PM StoneRidge Utilities 08/12/24 Profit & Loss Accrual Basis April through June 2024 Apr-Jun 24 Ordinary Income/Expense Income 400•Total Revenue 460• Unmetered Water Revenue 61.62 461.1 - Metered Sales-Residential 461.1.1 Residential Base Sales 25,152.00 461.1.2 Residential Usage 12,509.65 Total 461.1 - Metered Sales-Residential 37,661.65 461.2• Metered Sales-Commerical,Ind 461.2.1 Commercial Base Sales 10,503.42 461.2.2 Commercial Usage Sales 3,618.20 Total 461.2• Metered Sales-Commerical,Ind 14,121.62 464-•Other Water Sales Revenue 464.1 IPUC Surcharges 4,896.47 464.3 Seasonal Reconnection Fee 4,819.50 464.4 New Connection Revenue 0.00 Total 464•Other Water Sales Revenue 9,715.97 465- Irrigation Sales Revenue 465.3 Irrigation Comm.Base 5,632.08 465.4•465.4 Irrigation Comm.Usage 5,511.21 Total 465• Irrigation Sales Revenue 11,143.29 Total 400•Total Revenue 72,704.15 Total Income 72,704.15 Expense 401 •Operating Expenses 600 Labor 601.1 • Mgr.-Operation&Maintenance 13,668.01 601.2•Op/Maint. Laborer Cont 7,692.39 601.7• Labor-Customer Accounts Admin 9,656.76 601.8• Labor Administrative&General 18,653.21 603•Salaries,Owners Contract 10,611.81 Total 600 Labor 60,282.18 615• Purchased Power&Fuel for Powr 7,953.18 618•Chemicals 3,314.32 620.1 • Materials&Supplies-Op&Maint 240.34 620.7- Materials&Sup-Admin&General 159.00 631 - Contract Services-Professional 13,589.69 640• Lease Exp.Buildings 7,351.53 641 - Lease Expense Equipment 5,938.53 643• Lease Expense Other 8,162.94 675• Miscellaneous 675.1 • Bank Fees and Charges 58.25 675.2• Late Fees&Interest Charges 12,895.97 675.3• Postage&Shipping 482.76 Total 675• Miscellaneous 13,436.98 Total 401 • Operating Expenses 120,428.69 401.1 -Total Expenses from Operations 408.10- Regulatory Fees(PUC) 580.27 Total 401.1 •Total Expenses from Operations 580.27 Pagel 5:23 PM Stonelkidge Utilities 08/12/24 Profit & Loss Accrual Basis April through June 2024 Apr-Jun 24 401.2.Other Expenses 426•Misc.Non-Utility Expense 475.00 Total 401.2.Other Expenses 475.00 Total Expense 121.483.96 Net Ordinary Income -48,779.81 Net Income -48,779.81 p4 2 2. Balance Sheet for 6/30/2024 5:43 PM StoneRidge Utilities 08112/24 Balance Sheet Accrual Basis As of June 30, 2024 Jun 30,24 ASSETS Current Assets CheckinglSavings 131.1 WTB 1064 Ckg 7,935.28 Total Checking/Savings 7,935.28 Other Current Assets 141 •Accts/Notes Receivables-Cust. 39,016.48 145• Receivables from Assoc.Company 1,283.50 Total Other Current Assets 40,299.98 Total Current Assets 48,235.26 Fixed Assets 101 • Plant In Service 101.304 Structure&Improvement 774,820.00 101.309 Supply Mains 123,943.00 101.311 Power Pump Equip 91,967.00 101.320 Purification Systems 5,078.00 101.333 Services 206,062.92 101.334 Meters 27,251.00 101.335 Hydrants 13,823.00 101.339 Other P&E 3,051.00 Total 101 • Plant In Service 1,245,995.92 108.1 •Accumulated Depreciation 108.1.304 Acc.Dep.Struct/Impr -774,820.00 108.1.309 Acc.Dep Sply Mains -85,542.00 108.1.311 Acc Depr Pump Equi -91,967.00 108.1.320 Acc Depr.Purificat -4,243.00 108.1.333 Acc.Depr Services -30,101.00 108.1.334 Acc Depr Meters -27,250.00 108.1.335 Acc.Dep Hydrants -12,415.00 108.1.339 Acc Depr Other P&E -1,486.00 Total 108.1 •Accumulated Depreciation -1,027,824.00 Total Fixed Assets 218,171.92 TOTAL ASSETS 266,407.18 LIABILITIES&EQUITY Liabilities Current Liabilities Accounts Payable 20000•"Accounts Payable 140,751.39 Total Accounts Payable 140,751.39 Other Current Liabilities 223•Advances from Assoc.Companies 4,000.00 232• Notes Payable 4,649.87 Total Other Current Liabilities 8,649.87 Total Current Liabilities 149,401.26 Long Term Liabilities 224• Other Long-Term Debt 224.2• DEQ HV Loan 104,005.43 Total 224• Other Long-Term Debt 104,005.43 Total Long Term Liabilities 104,005.43 Total Liabilities 253,406.69 Page 1 5:43 PM StoneRidge Utilities 08/12/24 Balance Sheet Accrual Basis As of June 30, 2024 Jun 30,24 Equity 200-Equity Capital 207-13•Misc.Capital Accounts 565,163.03 Total 200-Equity Capital 565,163.03 32000- Members Equity -448,134.09 Net Income -104,028.45 Total Equity 13,000.49 TOTAL LIABILITIES&EQUITY 266,407.18 Page 2 3. Non-Recurring Charges for the Quarter a. #Transfer and "'Re-connection Charges" Emry $ 65.00 Brown $ 65.00 Ghio $ 65.00 Beck $ 65.00 Greenside Irrigation $462.00 Fairway Meadows $65.00 Knappenberger $65.00 Davidson $65.00 Vineyards I Irrigation $462.00 Sivertson $65.00 Vineyards II Irrigation $462.00 Vineyards III Irrigation $462.00 Hartnett $65.00 Vineyards II Irrigation $462.00 Vineyards II Irrigation $462.00 Vineyards II Irrigation $462.00 Lamb $65.00 Coates $65.00 Elledge $65.00 Garrett $65.00 Sholli $65.00 Van Vlyman Trust $65.00 I M BCA $462.00 SSCOA $65.00 Carey $18.50 Total $ 4:819.50 b. New Connection Charges None 4. List of Complaints and Resolutions for the Quarter There were no complaints this quarter.