2016Annual Report.pdf

A5?.W
AA{ATUAL REPORT
OF
R^y E ll,'o*+
As por, Cre-eR Wc..l<-r Co ,
NAME
lO .S. Bun Lo.Ka- Btre ,
6o.rl"n C,*Fy. t^.T g\ozg,
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2016
(-,:.':
{: :::i;:,:.-,]
I (*"r-"-
':=* rr1
\o L-'
Cr)
f\)
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING December 31 2016
COMPANY INFORMATION
1 Give full name of utility
Telephone Area Code ( )
E-mailaddress
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
Asoen Creek Water Comoanv. Inc.
435-946-3500
[e-mail]
12t28t1999
ldaho
10 S. Bear Lake Blvd.
Garden Citv
Utah
84028
Corporation
Fish Haven, ldaho
11 Are there any affiliated companies?Yes
lf yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
'12 Contact lnformation Name
President (Owner)
Vice President
Secretary
GeneralManager
Complaints or Billing
Engineering
Emergency Service
Accounting
A.Elliott
13 Were any water systems acquired during the year or any additions/deletions made
to the service area during the year? No
lf yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
14 \Mere are the Company's books and records kept?
Street Address 10 S. Bear Lake Blvd.
City Garden Citv
State Utah
84028
Bart Mckinnon
Patrick Mckinnon
A.Ellioft
Janie Sorochuk
Bart Mckinnon
Bart Mckinnon
Janie Sorochuk
Phone No.
435-946-3500
435-946-3500
435-946-3500
435-946-3500
435-946-3500
435-946-3500
435-946-3500
435-946-3500
Rev 3/02
Zip
Page2
NAME: Rav Elliott. Asoen Creek Water Co.
COMPANY INFORMATION (Cont.)
For the Year Ended '1213112016
15 ls the system operated or maintained under a
service contract?
16 lf yes: \Mth whom is the contract?
\Mren does the contract exPire?
No
nla
nla
\Mrat services and rates are included? n/a
17 ls water purchased for resale through the system?
18 lf yes: Name of Organization nla
No
Name of owner or operator
Mailing Address
City
State
zip
nla
nla
nla
nla
nla
Gallons/CCF
nla
$Amount
Water Purchased
19 Has any system(s) been disapproved by the
ldaho Division of Environmental Quality?
lf yes, attach full explanation
20 Has the ldaho Division of Environmental Quality
recommended any improvements?
lf 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?
lf yes, attach full explanation
and an updated system map
No
Yes
0
0
0
0
1-Apr-02 (New Customers Receive at
time of hookup)
No
Rev 3/02 Page 3
NAME: Rav Elllott. Aspen Creek Water Co.
ACCT #
REVENUE & EXPENSE DETAIL
For the Year Ended 1213112016
DESCRIPTION
1
2
3
4
5
6
7
8
4OO REVENUES
460 Unmetered Water Revenue
461.1 Metered Sales - Residential
461.2 Metered Sales - Commercial, lndustrial
462 Fire Protection Revenue
464 Other Water Sales Revenue
465 lrrigation Sales Revenue
466 Sales for Resale
400 Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers
*" Hookup or Connection Fees Collected
*""Commission Approved Surcharges Collected
401 OPERATING EXPENSES
601.1-6 Labor - Operation & Maintenance
601.7 Labor - Customer Accounts
601.8 Labor - Administrative & General
603 Salaries, Officers & Directors
604 Employee Pensions & Benefits
610 Purchased Water
615-16 Purchased Power & Fuel for Power
618 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services - Water Testing
636 Contract Services - Other
64142 Rentals - Property & Equipment
650 Transportation Expense
656-59 lnsurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
20380
3500
23880
Booked to Acct #
3500 Booked toAcct#
Booked to Acct #
8616
437
4700
1251
9
10
11
464
't2
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Rev 3/02 Page 4
1510
16514
Name: Ray Elliott, Aspen Creek Water Co
INCOME STATEMENT
For Year Ended 1213112016
ACCT #DESCRIPTION
1 Revenue (From Page 3, line 8)
2 Operating Expenses (From Page 3, line 33)
3 403 Depreciation Expense
4 406 Amortization, Utility Plant Aquisition Adj.
5 407 Amortization Exp. - Other
6 408.10 Regulatory Fees (PUC)
7 408.11 Property Taxes
8 408.12 PayrollTaxes
9A 408.13 OtherTaxes (list) DEQ Fees
23880
16514
253
9B
9C
9D
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
409.10
409.11
41 0.1 0
410.11
411
412
Federal lncome Taxes
State lncome Taxes
Provision for Deferred lncome Tax - Federal
Provision for Deferred lncome Tax - State
Provision for Deferred Utility lncome Tax Credits
lnvestment Tax Credits - Utility
185
607
Total Expenses from operations before interest (add lines 2-'15)
lncome From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating lncome (Add lines 1, 17 &18less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
lnterest & Dividend lncome
Allowance for Funds used During Construction
Miscellaneous Non-Utility lncome
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
lncome Taxes, Non-Utility Operations
Net Non-Utility lncome (Add lines 20,22,23 & 24 less \ines21,25,26, &27)
Gross lncome (add lines 19 & 28)
lnterest Exp. on Long-Term Debt
Other lnterest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
1 7559
413
414
6321
415
416
419
420
421
426
408.20
409-20
427.3
427.5
0
6321
Rev 3/02 Page 5
6321
Name:
SUB
ACCT #
301
302
303
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
341
342
343
344
345
346
347
348
Elliott
DESCRIPTION
Organization
Franchises and Consents
Land & Land Rights
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTAL PLANT IN SERVICE
(Add lines 1-28)
Creek Water Co
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 1213112016
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
1
2
3
4
5
6
7
I
I
10
11
12
13
14
15
16
17
18
'19
20
21
22
23
24
25
26
27
28
29
1 0000
14500
90000
143380
40051
79650
1 500
14500
393581
Enter beg
1 0000
14500
90000
143380
40051
79650
1500
14500
393581
nrng end year totals on Pg 7, Line 1
Rev 3/02 Page 6
Name: Ray Elliott, Aspen Creek Water Co.
ACCUMULATED DEPRECIATION ACCOUNT,IO8.l DETAI]
For Year Ended 1213112016
SUB
ACCT #
Depreciation
Rate
Yo
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
Decrease
0
5
5
5
5
1
2
3
4
5
6
7
8
I
10
11
12
13
't4
15
16
17
18
't9
20
21
22
23
24
25
26
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
341
342
343
344
345
346
347
348
DESCRIPTION
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Commu nications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTALS (Add Lines 1 -25)
10
10
5
Enter beginning & end of year totals on Pg 7, Line 7
Page 7
725
4500
5640
3982
725
15572
Rev 3/02
10425 11150
67500 72000
71760 77400
40051 40051
55682 59664
1 500 1500
1 0875 1 1600
257793 273365
Name: Ray Elliott, Aspen Creek Water Co.
ACCT #
ASSETS
DESCRIPTION
Utility Plant in Service (From Pg 5, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction Work in Progress
Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)
Accumulated Depreciation (From Pg 6, Line 26)
Accum. Depr. - Utility Plant Lease to Others
Accum. Depr. - Property Held for Future Use
Accum. Amort. - Utility Plant in Service
Accum. Amort. - Utility Plant Lease to Others
Accumulated Amortization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 12)
lnvestment in Subsidiaries
Other lnvestments
Total lnvestments (Add lines 14 & 15)
Cash
Short Term lnvestments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies lnventory
Prepaid Expenses
Unbilled (Accrued) Utility Revenue
Provision for Uncollectable Accounts
Total Current (Add lines 17 -24 less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & lnvestigation Charges
Deferred Rate Case Expenses
Other Deferred Charges (Escrow)
TotalAssets (Add lines 13, 16 & 26 - 30)
BALANCE SHEET
For Year Ended 1213112016
Page 8
Balance
Beginning
of Year
393581
393581
-257793
1 35788
6963
24846
33609
0
169397
Balance
End of
Year
lncrease
or
-15572
-15572
0
113
-24846
-24098
-39670
0
635
0
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
'101
102
103
105
114
181
183
184
186
0
108.1
108.2
108.3
110.1
1'.to.2
115
123
125
131
13s
141
142
145
151
162
173
't43
Rev 3/02
393581
393581
-273365
120216
0
7076
2435
0
951 1
0
129727
Name: Ray Elliott, Aspen Creek Water Co.
BALANCE SHEET
For Year Ended 1213112016
LIABILITIES & CAPITAL Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
ACCT #DESCRIPTION
1 201-3
2 204-6
3 207-13
4 214
5 215
6 216
7 218
8
I 221-2
10 223
't1 224
'12 231
13 232
14 233
15 235
16 236.11
17 236.12
18 236.2
19 237-40
20 241
21 25',1
22 252
23 253
24 255.1
25 255.2
26 261-5
27 271
28 272
29 281-3
30
31 TOTAL
Common Stock
Preferred Stock
Miscellaneous Capital Accou nts
Appropriated Retained Earnings
Unappropriated Retained Earnings
Reacquired Capital Stock
Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)
Bonds
Advances from Associated Companies
Other Long - Term Debt
Accounts Payable
Notes Payable
Accounts Payable - Associated Companies
Customer Deposits (Refundable)
Accrued Other Taxes Payable
Accrued lncome Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, lnterest & Dividends Payable
Misc. Current & Accrued Liabilities
Unamortized Debt Premium
Advances for Construction
Other Deferred Liabilities
Accumulated lnvestment Tax Credits - Utility
Accum. lnvestment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred lncome Taxes
Total Liabilities (Add lines 9 - 29
LIAB & CAPITAL ( Add lines 8 & 30)
** Only if Commission Approved
3000 0
1 559 -1 559
29050 -23028
-24587
0 489
393s81 0
-257793 -15572
1 35788 -15083
169397 -39670
3000
0
6022
9022
489
393581
-273365
120705
129727
Rev 3/02 Page 9
Name: Rav Elliott, Aspen Creek Water Co.
STATEMENT OF RETAINED EARNINGS
For Year Ended 1213112016
1 Retained Earnings Balance @ Beginning of Year
2 Amount Added from Current Year lncome (From Pg 4, Line 32)
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
7 Description (Class, Par Value etc.)
Common Stock $1 Par Value
DETAIL OF LONG.TERM DEBT
33609
6321
-29349
-1 559
9022
No. Shares
Authorized
50000
Year-end
Balance
No. Shares
Outstandi
lnterest
Paid
Dividends
Paid
29349
lnterest
AccruednI
N/A
lnterest
Rate
3000
Rev 3/02 Page 10
Name: Ray Elliott, Aspen Creek [a!elCo.
SYSTEM ENGINEERING DATA
For Year Ended 1213112016
1 Provide an updated system map if significant changes have been made to the system during the year
2 Water Supply:Type of
Treatment:
(None, Chlorine
Water
Supply
Source
(Well, Spring,
Rated
Capacity Fluoride
Filter etc.
Annual
Production
or location Gal.Surface
Y-750 Creek Well
3 System Storage:
Total
Capacity
000's
Gal.
Usable
Capacity
000's
Gal.
Type of
Reservoir
(Elevated,Pres-
Construction
(Wood, Steel
nation or Location u Concrete
Tank-Creek Concrete
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
300 Chlorine 13511
115 100 Elevated
Rev 3/02 Page 1 1
Name: Ray Elliott, Aspen Creek Water Co.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 1213112016
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location Horse
Power&of Pum
Y-750 Creek
** Submit pump curves unless previously provided or unavailable.
Rated
Capacity
Discharge
Pressure
Energy
Used
This Year
14,052,174
2,612,048
91,582
N/A
Yes
lOOO GPM
July
27567
k lities added this year.
8
Attach additional sheets if inadequate space is available on this page.
5 lf Wells are metered:
\Mat was the total amount pumped this year?
What was the total amount pumped during peak month?
\Mrat was the total amount pumped on the peak day?
6 lf customers are metered, what was the total amount sold in peak month?
7 Was your system designed to supply fire flows?
lf Yes: \Mat is current system rating?
How many times were meters read this year?
During which months?
How many additionalcustomers 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?
lf Yes, attach an explanation of projects and anticipated costs!
11 ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
I
62
62
Yes
40 300 140
Rev 3/02 Page 12
20't8
Name: Ray Elliott, Aspen Creek Water Co
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 1213112016
FEET OF MAINS
1
2
2A
28
2C
Pipe
Size
ln Use
Beginning
Of Year
lnstalled
During
Year
Last
Year
Abandoned
During
Year
ln Use
End of
Year
o
2"
8"
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
OtherWater Utilities
12600
700
5250
CUSTOMER STATISTICS
This
Year
43
Last
Year
12600
700
5250
13s12
Metered:
Residential
Commercial
lndustrial
3 Flat Rate:
3A Residential
38 Commercial
3C lndustrial
4
5
6
7
8
This
Year
42 14052
42 14052
Rev 3/02
TOTALS (Add lines 2 through 8)
Page 13
43 13512
GERTIFIGATE
State of ldaho
Countv of
l, the undersigned Ray Elliott and n1,orr.o-of the Aspen Creek Water Co
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.
ss
)
)
)
Officer)
misZ*ay Zu 1
Y
My Commission Expires lz- 11 -Zazo
Subscribed and Sworn to Before Me
(Officer in Charge of Accounts)
gdUexceUjnelson/anulrpts^^,trannualrpt
Rev 3/02 Page 14
FAX htr. :435946519 2?g: t8:39i1 Pi
SI]MI{ARY OT RULESAI{D TIONS
OI THEIDAEO PUBLIC COIYIMISSIOIi
GOIIERI{II{G CUsTOMER OI
NATi]R-{I GAS, ELECTHC A}'D WA PUBIJC INULNIES
UI{DIRTM JURISDIS TON TEE IDAXO
PTISLIC IITILIITES
A udlity rney lerminele se'virx to e customcr widlo,f his4dr aftcr adcquate nodce for tbe
following rtasms:
A) N@-p,elmcd olddinqust bills.
B) Failu-E to alidc by tbc tc-nx ofpe'y:rrrf
C) I@iolodidniity
p) Ltnedhcrj2€C riivcrsim cr use ofib utiliry
E) Noc+rffcic;itnlb&clek-
Actiots c{rstcds ll€} tsblo EYoidtsfojnstion:
A) Psy iafuL tr':rxto peyuecd alugaats witli UiEty'wrpary'.
B) Apb/dials Etifcsjesttlgiitstxisteoct ofa @reerEr
C) AaidEE idfonnel corylaimcor*rugtit"-mey be fiieo vi& tir utiliiy:
AryciCrc*.'Retr
10 Soqih Beer take
Genieo City, Lltall
(13r 916350C
Or If yoo are urn-blc to ctaract te @rV co,rrpely m.rj 5ie rritl tbe
Idatro Publi.c Utiliti.s Cmnrbsiq P.0. Box Boisg idaho 83720 or cell
1ffi4324369
v}
FRO'1 :ilC]G
Ccrupiete ad crfou<.om Ru-lcs & RcgulsJism mfilewith
Public LlriLitir= CcnnmisslgrL
CF.EB' WATER CO. aod Se ldsbo
a
Aspen Creek Water, Co.
Attachment to Annual Report
Line 11: Affiliated Companies
Executive Recreational Properties
10 S. Bear Lake Blvd.
Garden City, Utah 84028
Lake Vista Properties, LLC
10 S. Bear Lake Blvd.
Garden City, Utah 84028
Management company that provides
accounting and management services.
Land Developer who is responsible for
Developing the land that the Water
Company will service.
Line 20: Recommended Improvements bv Division of Environmental Ouality
Recommendation was made that a 2nd Well be drilled and added to the water system
because of expansion of the subdivision. The Well has been drilled and was completed
in February 2007. No other recommendations have been made at this time.
Svstem Eneineerine Data- Line 10: Back Bone Plant Additions
A p.rmp house for the new well is expected to be completed in 2017 at an estimated cost
of $15,000. A backup generator and auto switch is also expected to be completedin20lT
at a cost of $30,000. These costs will be provided by the developer.
Aspen Creek Water Co.
Asset Listing and Depreciation
12-31-16
Land
Hvdrants
2001 Additions
TotalHydrants
Structures & lmorovements
2001 Additions
2003 Pumphouse, stairs, doors
Total Structures & lmprov
Resevoirs & Standoipes
2001 Additions
Total Resevoirs & Standpipes
Power Pumoinq Equip
2001 Additions
2007 Additions
2008 Additions
Total Pumping Equipment
Meters & Meter lnstallations
2001 Additions
Total Meters & Meter lnstall
Transportation & Distribution Mains
2001 Additions
2004 Additions
2005 Additions
TotalTransportation & Dist. Mains
Wells
2001 Additions
2007 Additions
TotalWell
Date Life
1t1t2001
1t1t2001
1t1t2003
111t2001
1t1t2001
6t112007
7t112008
1t1t2001
1t1t2001
1t1t2004
1t1t2005
1t1t2005
6t1t2007
Cost
10000 0 0 0
20 14500 10875 725 11600
14500 10875 725 11600
12t31t2015
Accm Dep
7500
2925
18500
17293
4258
41732
9000
4950
cfr
Deprec
12t31t2016
Accm Dep
8000
31 50
18500
17293
4258
44514
9750
5400
59664
56000
21400
77400
273365
20
20
1 0000
4500
500
225
14500 10425 72{ 11150
20 90000 67500 4500 72000
90000 67500 . 4500 72000
10
7
7
1 8500
17293
4258
10 1500 1 500 1 500
1500 1500 0 15oo
20
20
20
55650
1 5000
9000
2782
750
450
3500
2140
5640
15572
79650 55682 3982
20
20
70000 5250073380 19260
143380 7176,0
393581 257793Totals