2006Annual Report.pdf

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RICKEL WATER COMPANY
PO Box 1261
Hayden Lake, I D 83835
TO THE
IDAHO PUBLIC
UTiliTIES COMMISSION
FOR THE
YEAR ENDED: . DECEMBER 31 2006
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 2006
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
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?Street Address 24461 Old Hwy 95 NCity AtholState IdahoZip 83801
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
Rev 8/01
COMPANY INFORMATION
Rickel Water Company
4/13/1995
Idaho
24461 Old Hwy 95 N, Athol, ID 83801 (Not mailing address)
PO Box 1261
Hayden Lake
Idaho
83835
Corporation
Kootenai County
Name Phone No.
Ken Rickel 208-683-8105
Jerry Rickel 509-582-4940
Cathy Rickel 208-683-8105
Ken Rickel 208-683-8105
Cathy Rickel 208-683-8105
Inland NW Consultants 208-773-8370
Ken Rickel 208-683-8105
Susan Jacobson 866-791-5656
NAME: Rickel Water Company
COMPANY INFORMATION (Cont.)
For the Year Ended 2006
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? Yes
18 If yes: Name of Organization Bitterroot Water Company
Name of owner or operator Ken RickelMailing Address PO Box 2306City Hayden LakeState IdahoZip 83835
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Department of Environmental Quality?
If yes, attach full explanation
20 Has the Idaho Department 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
Gallons/CCF $Amount
973,8751 $ 592.
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 ~id significant additions or retirements from the
Plant Accounts occur during the year?
If yes, attach full explanation
and an updated system map
7/5/2006
Rev 8/01
NAME: Rickel Water Company
ACCT #
REVENUE & EXPENSE DETAIL
For the Year Ended 2006
DESCRIPTION
400 REVENUES
460 Unmetered Water Revenue
461.Metered Sales - Residential 14,198
461.Metered Sales - Commercial , Industrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
465 Irrigation Sales Revenue
466 Sales for Resale
400 Total Revenue (Add Lines 1 - 7)14,198
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers Booked to Acct #
** Hookup or Connection Fees Collected 000 Booked to Acct fj 460.
***
Commission Approved Surcharges Collected Booked to Acct #
401 OPERATING EXPENSES
601.6 Labor - Operation & Maintenance
601.Labor - Customer Accounts
601.Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
615-Purchased Power & Fuel for Power 959
618 Chemicals
620.6 Materials & Supplies - Operation & Maint.058
620.8 Materials & Supplies - Administrative & General 890
631-34 Contract Services - Professional 110
635 Contract Services - Water Testing
636 Contract Services - Other
641-42 Rentals - Property & Equipment
650 Transportation Expense 318
656-Insurance 567
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous 043
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)005
Rev 8/01
Name:Rickel Water Company
INCOME STATEMENT
For Year Ended 2006
ACCT #DESCRIPTION
Revenue (From Page 3, line 8)14,198
Operating Expenses (From Page 3, line 33)005
403 Depreciation Expense 581
406 Amortization, Utility Plant Aquisition Adj.
407 Amortization Exp. - Other 140
408.Regulatory Fees (PUC)100
408.Property Taxes 347
408.Payroll Taxes
408.Other Taxes (list)DEQ Fees
409.Federal Income Taxes
409.State Income Taxes
410.Provision for Deferred Income Tax - Federal
410.Provision for Deferred Income Tax - State
411 Provision for Deferred Utility Income Tax Credits
412 Investment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)15,193
413 Income From Utility Plant Leased to Others
414 Gains (Losses) From Disposition of Utility Plant
Net Operating Income (Add lines 1 17 &18 less line 16)(995)
415 Revenues, Merchandizing Jobbing and Contract Work
416 Expenses, Merchandizing, Jobbing & Contracts
419 Interest & Dividend Income
420 Allowance for Funds used During Construction
421 Miscellaneous Non-Utility Income
426 Miscellaneous Non-Utility Expense 339
408.Other Taxes, Non-Utility Operations
409-Income Taxes , Non-Utility Operations
Net Non-Utility Income (Add lines 20 23 & 24 less lines 21 , & 27)(339)
Gross Income (add lines 19 & 28)(1,334)
427.Interest Exp. on Long-Term Debt
427.Other Interest Charges
NET INCOME (Line 29 less lines 30 & 31)(Also Enter on Pg 9, Line 2)(1,334)
Rev 8/01
Name: Rickel Water Company
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 2006
301 Organization 098 098
302 Franchises and Consents
303 Land & Land Rights 094 094
304 Structures and Improvements 359 744 103
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells 380 380
308 Infiltration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment
311 Power Pumping Equipment 298 298
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories 307 307
333 Services
334 Meters and Meter Installations 706 727 14,433
335 Hydrants
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 317 317
341 Transportation Equipment
342 Stores Equipment
343 Tools, Shop and Garage Equipment
344 Laboratory Equipment
345 Power Operated Equipment 085 085
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTAL PLANT IN SERVICE 195,645 3,471 199,115
SUB
ACCT #DESCRIPTION
(Add lines 1 - 28)
Rev 8/01
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
Enter beginning & end of year totals on Pg 7, Line 1
Name: Rickel Water Company
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 2006
SUB
Depreciation
Rate
Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
304 Structures and Improvements 02%151 678 527
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells 52%653 111 2,458
308 Infiltration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment
311 Power Pumping Equipment 14%597 967 370
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories 38%629 497 868
333 Services
334 Meters and Meter Installations 86%028 297 269
335 Hydrants
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 71%703 793
341 Transportation Equipment
342 Stores Equipment
343 Tools, Shop and Garage Equipment
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTALS (Add Lines 1 - 25)761 343 582
Enter beginning & end of year totals on Pg 7, Line 7
Rev 8/01
Name: Rickel Water Company
BALANCE SHEET
For Year Ended 2006
ASSETS Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
101 Utility Plant in Service (From Pg 5 , Line 29)195,645 199 115 3,471
102 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
114 Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)195,645 199,115 471
108.Accumulated Depreciation (From Pg 6, Line 26)761 343 582
108.Accum. Depr. - Utility Plant Lease to Others
108.Accum. Depr. - Property Held for Future Use
110.Accum. Amort. - Utility Plant in Service 481 621 140
110.Accum. Amort. - Utility Plant Lease to Others
115 Accumulated Amortization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 12)139,403 135,151 (4,251)
123 Investment in Subsidiaries
125 Other Investments
Total Investments (Add lines 14 & 15)
131 Cash 977 500 (2,476)
135 Short Term Investments
141 Accts/Notes Receivable - Customers (939)282 221
142 Other Receivables 000 000
145 Receivables from Associated Companies
151 Materials & Supplies Inventory
162 Prepaid Expenses
173 Unbilled (Accrued) Utility Revenue
143 Provision for Uncollectable Accounts
Total Current (Add lines 17 -24 less line 25)26,038 29,783 745
181 Unamortized Debt Discount & Expense
183 Preliminary Survey & Investigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges 019 019
Total Assets (Add lines 13 , 16 & 26 . 30)167,460 166,953 (506)
Rev 8/01
Name: Rickel Water Company
BALANCE SHEET
For Year Ended 2006
LIABILITIES & CAPITAL Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
201-Common Stock 430 68,430
204-Preferred Stock
207-Miscellaneous Capital Accounts 750 750
214 Appropriated Retained Earnings
215 Unappropriated Retained Earnings (108 346)(119 679)(11 334)
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)(166)(11,499)(11,334)
221-Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
231 Accounts Payable
232 Notes Payable 817 644 172)
233 Accounts Payable - Associated Companies
235 Customer Deposits (Refundable)
236.Accrued Other Taxes Payable
236.Accrued Income Taxes Payable
236.Accrued Taxes - Non-Utility
237-Accrued Debt, Interest & Dividends Payable
241 Misc. Current & Accrued Liabilities
251 Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities
255.Accumulated Investment Tax Credits - Utility
255.Accum. Investment Tax Credits - Non-Utility
261-Operating Reserves
271 Contributions in Aid of Construction 157 869 169 869 000
272 Accum. Amort. of Contrib. in Aid of Const. **(15 091)(15 091)
281-Accumulated Deferred Income Taxes
Total Liabilities (Add lines 9 - 29 173 595 184 422 10,828
TOTAL LlAB & CAPITAL (Add lines 8 & 30)173,429 172,923 (506)
** Only if Commission Approved
Rev 8/01
Name: Rickel Water Company
STATEMENT OF RETAINED EARNINGS
For Year Ended 2006
Retained Earnings Balance Beginning of Year
Amount Added from Current Year Income (From Pg 4, Line 32)
Other Credits to Account
Dividends Paid or Appropriated
Other Distributions of Retained Earnings
Retained Earnings Balance ~ End of Year
108 346
334)
000
(119,679)
CAPITAL STOCK DETAIL
No. Shares No. Shares
0 t t
Dividends
P 'Description (Class, Par Value etc.
Common, no par value
A th . donze u s an In!:!
109 336 109 336
DETAIL OF LONG-TERM DEBT
Interest Year-end Interest Interest
Description Rate Balance Paid Accrued
Note Payable K & C Rickel 644
Rev 8/01
Name: Rickel Water Company
SYSTEM ENGINEERING DATA
For Year Ended 2006
Provide an updated system map if significant changes have been made to the system during the year.
Water Supply:
Rated
Capacity
Type of
Treatment:
(None, Chlorine
Fluoride
Annual
Production
Water
Supply
Source
(Well , Spring,
Pump Desiqnation or location (qpm)Filter etc.(OOO's Gal.)Surface Wtr)
5 Miles West on Brunner Road 125 None 624 Well
from Hiqhway 95, north side of
road, before railroad tracks
System Storage:
Total
Capacity
OOO'
Usable
Capacity
OOO'
Type ofReservoir Construction
(Elevated, Pres- (Wood, Steel
Storaqe Desiqnation or Location Gal.Gal.urized, Boosted)Concrete)
5 Miles West on Brunner Road 000 000 Pressure Steel
from Hiqhwav 95, north side of
road, before railroad tracks
(Duplicate form and attach if necessary. Asterisk facilities added this year.
Rev 8/01
Name: Rickel Water Company
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 2006
Pump information for ALL system pumps, including wells and boosters.
Designation or Location
Rated
Capacity
Energy
Used
Discharge
PressureHorse
& Tvpe of Pump Power (com)(psi)This Year
5 Miles West on Brunner Road
from Hiqhway 95, north side of
road, before railroad tracks
Franklin Motor 125 649 KW
** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year.
Attach additional sheets if inadequate space is available on this page.
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?
286 900
598,400
N/A
If customers are metered, what was the total amount sold in peak month?598,400
Was your system designed to supply fire flows?
If Yes: What is current system rating?
How many times were meters read this year?
During which months?March, April , May, June, July,
August, September
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?UNKNOWN
Rev 8/01
Name: Rickel Water Company
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 2006
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
720 720
996 996
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
TOTALS (Add lines 2 through 8)
This Last This Last
Year Year Year Year
679 196
527 268
11,206 464
Metered:
Residential
Commercial
Industrial
Flat Rate:
Residential
Commercial
Industrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
Rev 8/01
CERTIFICA TE
State of Washington
) ss
County of Spokane
, the undersigned , Kenneth W. Rickel and Catherine L Rickel , of the RICKEL WATER COMPANY
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 utility 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.
U~/~L/
(Chief Officer)
fuk
(Officer In Charge of Accounts)
Subscribed and Sworn to Before Me
My Commission Expires
gd kIexce I/j nelson/anulrpts/wtrannualrpt
Rev 8/01