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Home My WebLink About2003Annual report.pdf't. " .. " i\S -- ' ~"" " HEt:EIVED " tr" n ' -' ' 0 " '" 7Jl 6! J1 ij"~l " , . !A'tj LIe ultLrri ES C Ot1I;11S~ON A ~ f\ r-e. e.. f( V-J ~ -+ c. .. NAME J 0 s f3 e.CA. ~ L~'~ ~ f3 ~ ~ r--d e" C I '-I- '1 8' t( (; Z ADDRESS TO TH IDAHO PUBLIC UTiliTIES COMMISSION FOR THE YEAR EN'OED 11.-31 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING December 31 2003 11 Are there any affiliated companies? Yes If yes , attach a list with names, addresses & descriptions. 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 madeto 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 10 S. Bear lake Blvd.City Garden CitState UtahZip 84028 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 3/02 COMPANY INFORMATION Aspen Creek Water Comp , Inc. 12/28/1999 Idaho 10 S. Bear lake Blvd. Garden City Utah 84028 Corporation Fish Haven , Idaho Explain any services Name Phone No. A. Ray Elliott 435-946-3503 Norman Mecham 435-946-3503 Gary McKee 435-757-6430 Gary McKee 435- 757 -6430 Dixie Nelson 435-946-3503 Gary McKee 435-757 -6430 Gary McKee 435- 757 -6430 Dixie Nelson 435-946-3503 Page NAME:Gary McKee, Aspen Creek Water Co. COMPANY INFORMATION (Cont.) For the Year Ended 12/31/2003 15 Is the system operated or maintained under a service contract? 16 If yes: With whom is the contract?n/a When does the contract expire? n/a What services and rates are included? n/a 17 Is water purchased for resale through the system? 18 If yes: Name of Organization n/a Name of owner or operator n/aMailing Address n/aCity n/aState n/a ~p Water Purchased 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 Gallons/CCF n/a $Amount Yes Apr-(New Customers Receive at time of hookup) NAME: Gary Mckee, Aspen Creek Water Co. REVENUE & EXPENSE DETAIL For the Year Ended 12/31/2003 DESCRIPTION 400 REVENUES ACCT # 460 461. 461. 462 464 465 466 400 Unmetered Water Revenue Metered Sales - Residential Metered Sales - Commercial , Industrial Fire Protection Revenue Other Water Sales Revenue 3750 Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected 1000 4750 Booked to Acct # 1000 Booked to Acct ~ Booked to Acct # 401 OPERATING EXPENSES 12 601.6 labor - Operation & Maintenance 13 601.Labor - Customer Accounts 14 601.labor - Administrative & General 15 603 Salaries, Officers & Directors 16 604 Employee Pensions & Benefits 17 610 Purchased Water 18 615-16 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.6 Materials & Supplies - Operation & Maint. 21 620.8 Materials & Supplies - Administrative & General 22 631-34 Contract Services - Professional 23 635 Contract Services - Water Testing 24 636 Contract Services - Other 25 641-42 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) 3220 2801 821 130 Rev 3/02 Page 3 464 6989 Name: Gary McKee, Aspen Creek Water Co. ACCT # INCOME STATEMENT For Year Ended 12/31/2003 DESCRIPTION 403 406 407 6 408. 7 408. 8 408. 9A 408. 17 413 18 414 30 427. 31 427. 409. 409. 11 410. 410. 411 412 415 416 419 420 421 426 408. 409- Rev 3/02 Revenue (From Page 3, line 8) Operating Expenses (From Page 3, line 33) Depreciation Expense Amortization, Utility Plant Aquisition Adj. Amortization Exp. - Other Regulatory Fees (PUC) Property Taxes Payroll Taxes Other Taxes (list) 4750 6989 DEQ Fees Federal Income Taxes State Income Taxes Provision for Deferred Income Tax - Federal Provision for Deferred Income Tax - State Provision for Deferred Utility Income Tax Credits Investment Tax Credits - Utility Total Expenses from operations before interest (add lines 2-15) Income From Utility Plant leased to Others Gains (losses) From Disposition of Utility Plant Net Operating Income (Add lines 1 , 17 & 18 less line 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-Utility Operations Income Taxes, Non-Utility Operations Net Non-Utility Income (Add lines 20 23 & 24 less lines 21 , & 27) Gross Income (add lines 19 & 28) Interest Exp. on long-Term Debt Other Interest Charges NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) 398 236 7720 2970 2919 2919 Page 4 Name: Gary McKee, Aspen Creek Water Co. 301 Organization 302 Franchises and Consents 303 land & land Rights 0000 10000 304 Structures and Improvements 0000 4500 14500 305 Collecting & Impounding Reservoirs 90000 90000 306 lake, River & Other Intakes 307 Wells 70000 70000 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 18500 18500 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 55650 55650 333 Services 334 Meters and Meter Installations 1500 1500 335 Hydrants 14500 14500 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 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 TOTAL PLANT IN SERVICE 270150 4500 274650 SUB ACCT # Rev 3/02 ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 12/31/2003 DESCRIPTION Balance Beginning of Year Added During Year (Add lines 1 - 28) Removed During Year Balance End of Year Enter beginning & end of year totals on Pg 7, Line Page 5 Name:Gary McKee, Aspen Creek Water Co. For Year Ended 12/31/03 ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL SUB Depreciation Rate Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 304 Structures and Improvements 1000 1725 725 305 Collecting & Impounding Reservoirs 9000 13500 4500 306 lake, River & Other Intakes 307 Wells 7000 10500 3500 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 3700 5550 1850 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 5566 8348 2782 333 Services 334 Meters and Meter Installations 300 450 150 335 Hydrants 1450 725 2175 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 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)28016 14232 42248 Enter beginning & end of year totals on Pg 7, Line 7 Rev 3/02 Page 6 Name: Gary McKee, Aspen Creek Water Co. BALANCE SHEET For Year Ended 12/31/03 ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 101 Utility Plant in Service (From Pg 5, Line 29)270150 274650 4500 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)270150 274650 4500 108.Accumulated Depreciation (From Pg 6, Line 26)28016 42248 14232 108.Accum. Depr. - Utility Plant lease to Others 108.Accum. Depr. - Property Held for Future Use 110.Accum. Amort. - Utility Plant in Service 110.Accum. Amort. - Utility Plant lease to Others 115 Accumulated Amortization - Aquisition Adj. Net Utility Plant (Line 6 less lines 7 - 12)242134 232402 9732 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 5979 3084 2895 135 Short Term Investments 141 Accts/Notes Receivable - Customers 568 500 142 Other Receivables 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)6547 3584 2963 181 Unamortized Debt Discount & Expense 183 Preliminary Survey & Investigation Charges 184 Deferred Rate Case Expenses 186 Other Deferred Charges (Escrow)4679 4723 Total Assets (Add lines 13, 16 & 26 - 30)253360 240709 12651 Rev 3/02 Page 7 Name: Gary McKee, Aspen Creek Water Co. BALANCE SHEET For Year Ended 12/31/03 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 201-Common Stock 3000 3000 204-Preferred Stock 207-Miscellaneous Capital Accounts 1559 1559 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 6667 3748 2919 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6)11226 8307 2919 221-Bonds 223 Advances from Associated Companies 224 Other long - Term Debt 231 Accounts Payable 232 Notes Payable 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 270150 274650 4500 272 Accum. Amort. of Contrib. in Aid of Const. **28016 42248 14232 281-Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 242134 232402 9732 TOTAL LlAB & CAPITAL (Add lines 8 & 30)253360 240709 12651 ** Only if Commission Approved Rev 3/02 Page 8 Name: Gary McKee, Aspen Creek Water Co. STATEMENT OF RETAINED EARNINGS For Year Ended 12/31/03 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 11226 2919 8307 CAPITAL STOCK DETAIL No. Shares No. Shares 0 t t Dividends P 'Description (Class, Par Value etc. Common Stock $1 Par Value onze u s an Ing 50000 3000 A th . d DETAIL OF LONG-TERM DEBT Interest R t Year-end B I Interest P ' Interest . rescnpllon a e a ance ccrue N/A Rev 3/02 Page 9 Name:Gary McKee, Aspen Creek Water Co. SYSTEM ENGINEERING DATA For Year Ended 12/31/03 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 Designation or location (gpm)Filter etc. )(OOO's Gal.)Surface Wtr) Dempster Y-750- Aspen Creek Chlorine 21024 Well System Storage: Total Capacity OOO' Usable Capacity OOO' Type ofReservoir Construction (Elevated Pres- (Wood, Steel Storage Designation or location Gal.Gal.urized, Boosted)Concrete) Storage Tank- Aspen Creek 115 100 Elevated Concrete (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 3/02 Page 10 Name: Gary McKee, Aspen Creek Water Co. SYSTEM ENGINEERING DATA (continued) For Year Ended 12/31/03 Pump information for All system pumps, including wells and boosters. Designation or location Rated Capacity Energy Used Discharge PressureHorse & Type of Pump Power (Qpm)(psi)This Year Dempster Y - 750 - Aspen Creek 7680 ** 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? 480000 95000 8000 If customers are metered , what was the total amount sold in peak month?95000 Was your system designed to supply fire flows? If Yes: What is current system rating? Yes 1000 GPM For 2 Hours How many times were meters read this year? During which months?October 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 corning year? If Yes, attach an explanation of projects and anticipated costs! Yes 11 In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded?2004 Rev 3/02 Page 11 Name: Gary McKee, Aspen Creek Water Co. SYSTEM ENGINEERING DATA (continued) For Year Ended 12/31/03 FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year 11331 Ft.11331 Ft. CUSTOMER STATISTICS Number of Customers TOTALS (Add lines 2 through 8) This last This last Year Year Year Year 395000 290000 395000 290000 Thousands of Gallons Sold Metered: Residential Commercial Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal, Other Other Water Utilities Rev 3/02 Page 12 CERTIFICATE State of Idaho County of ) ss , the undersigned Gary McKee and of the- Aspen Creek Water Co. 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. Subscribed and Sworn to Before Me this day of NOTARY PUBLIC My Commission Expires gd k/ excel/jnel son/anu I rpts/wtran nual rpt Rev 3/02 Page 13 Aspen Creek Water, Co. Attachment to Annual Report Line 11: Affiliated Companies Executive Recreational Properties 10 S. Bear Lake Blvd. Garden City, Utah 84028 Management company that provides accounting and management services. Lake Vista Properties, LLC 10 S. Bear Lake Blvd. Garden City, Utah 84028 Land Developer who is responsible for Developing the land that the Water Company will service. Line 20: Recommended Improvements ,by Division of Environmental Quality Recommendation was made that a door, entry way and stairs be added to the pump house vault. These improvements were completed in 2003. System En2ineerin2 Data- Line 10: Back Bone Plant Additions 900 feet of new trunk line at a cost of $5400 (To be provided by the developer) SUMMARY OF RULES AND RE VLATIONS OF THE IDAHO PUBLIC COMMISSIONGOVERNING CUSTOMER TIONS OFNATURAL GA~ ELECTRIC AND W ATE PUBLIC UTULITIES UNDER THE JURISDICTION THE IDAHOPUBUC UTILITIES CO SION A utility may tcnnjnatc service to a customer without bislhcr penn 881M after adequate notice for thefollowing R8S0DS: Non-paymmt of delinquent bUb. Failure to abide by the terms of payment Misreprmcmatloo of identity UnauthorJ2'bf diversion or use of the utility NOIHu1ftcIcnt fimds cbcc1c. Actions customer may take to avoid tenmoation: A) , Pay In fun or make payment arrangements wittJ Creek. Water 10 South Bear Lake B vd. Garden City, Utah 8 (435) 946-3500 may be filed with the utility: A physiciaus certfficate stating the cxistcocc of a An informal of tonnal complaint concerning the Qr"ftyou are unable to contact the utiJity company ou may Ole) with theIdaho Public Uti1itics Commission, P.O. Box 8372 ,Boise, Idaho 83720 or call 1-800-432"()369. Complete set Of customa' Rules It; Regulations on file with ASP Pub)ic Utilities Commission.