2001Annual Report.pdf

ANNUAL REË
OF
Se CAM 's'ár co
NAME
ADDRFSS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED Ñovembox 30 2001
i
ANNUAL REPORTFOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIESCOMMISSION
FOR THE YEAR ENDING November30 2001
COMPANY INFORMATION
1 Give full name of utility Bar Circle 'S'Water Co Inc
2 Date of Organization December2 1977
3 Organizedunder the laws of the state of Idaho
4 Address of Principal Office (number&street)2953 N GovernmentWay
5 P.O.Box (if applicable)PO Box 1870
6 City Hayden
7 State Idaho
8 Zip Code 83835
9 Organization(proprietor,partnership,corp.)Corporation
10 Towns,Countiesserved Rathdrum ID of Kootenai County
11 Are there any affiliated companies?Bar Circle s Ranch Inc
If yes,attach a list with names,addresses &descriptions.Explain any services
provided to the utility.
12 Contact Information Name Phone No.
President (Owner)RobertN Turnipseed 208-665-9200
Vice President Philip E Dolan,Atty 208-664-8258
Secretary Philip E Dolan,Atty 208-664-8258
General Manager RobertN Turnipseed 208-665-9200
Complaints or Billing Clare and/or Cristy Turnipseed 208-665-9200
Engineering Jeffrey D Block PE 208-762-9760
Emergency Service Robert N Turnipseed 208-665-9200
Accounting John Parry CPA 208-667-5400
13 Were any water systems acquired during the year or any additions/deletionsmade
to the service area during the year?Yes
If yes,attach a list with names,addresses &descriptions.Explain any servicesprovidedtotheutility.
14 Where are the Company'sbooks and records kept?
Street Address 2953 N GovernmentWay
City Coeur d'Alene
State ID
Zip 83815
Rev7/99 Page 1
NAIVfE:Bar Circle S Water Co Inc
COMPANY INFORMATION(Cont.)
For the Year Ended 2001
15 Is the system operated or maintained under a
servicecontract?No
16 If yes:With whom is the contract?
When does the contract expire?
What services and rates are included?
17 Is water purchasedfor resale through the system?No
18 If yes:Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
Gallons/CCF $Amount
Water Purchased
19 Has any system(s)been disapproved by the
Idaho Division of EnvironmentalQuality?No
If yes,attach full explanation
20 Has the Idaho Division of EnvironmentalQuality
recommended any improvements?No
if yes,attach full explanation
21 Numberof Complaints received during year concerning:
Quality of Service None
High Bills None
Disconnection None
22 Number of Customersinvoluntarily disconnected None
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701?5/4/01
Attach a copy of the Summary
24 Did significantadditions or retirementsfrom the
Plant Accounts occur during the year?No
If yes,attach full explanation
and an updated system map
Rev7/99 Page 2
NAME:Bar Circle 'S'Water Co Inc
REVENUE &EXPENSE DETAIL
For the Year Ended 2001
ACCT #DESCRIPTION
400 REVENUES
1 460 UnmeteredWater Revenue
2 461.1 Metered Sales -Residential 45968
3 461.2 Metered Sales -Commercial,Industrial
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue
6 465 IrrigationSales Revenue
7 466 Sales for Resale
8 400 Total Revenue(Add Lines 1 -7)45968
(also enter result on Page 4,line 1)
9 *DEQ Fees Billed separately to customers Booked to Acct #
10 **Hookup or Connection Fees Collected Booked to Acct #
11 ***CommissionApproved SurchargesCollected Booked to Acct #
401 OPERATING EXPENSES
12 601.1-6 Labor -Operation &Maintenance 6382
13 601.7 Labor-CustomerAccounts 940
14 601.8 Labor-Administrative&General 4453
15 603 Salaries,Officers &Directors
16 604 Employee Pensions &Benefits
17 610 Purchased Water
18 615-16 Purchased Power&Fuel for Power 6420
19 618 Chemicals
20 620.1-6 Materials &Supplies -Operation&Maint.770
21 620.7-8 Materials &Supplies -Administrative &General
22 631-34 Contract Services -Professional 14480
23 635 Contract Services -Water Testing 351
24 636 ContractServices-Other
25 641-42 Rentals -Property &Equipment
26 650 TransportationExpense 252
27 656-59 Insurance 2888
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 RegulatoryComm.Exp.(Other except taxes)
31 670 Bad Debt Expense
32 675 Miscellaneous 360
33 Total Operating Expenses (Add lines 12 -32,also enter on Pg 4,line 2)36332
Rev7/99 Page 3
Name:Bar Cricle S Water Co Inc
INCOME STATEMENT
For Year Ended 2001
ACCT#DESCRIPTION
1 Revenue (From Page 3,line 8)45968
2 OperatingExpenses (From Page 3,line 33)36332
3 403 DepreciationExpense 1493
4 406 Amortization,Utility Plant Aquisition Adj.
5 407 Amortization Exp.-Other
6 408.10 RegulatoryFees (PUC)685
7 408.11 Property Taxes 945
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 30
12 410.10 Provision for Deferred Income Tax -Federal
13 410.11 Provisionfor Deferred Income Tax -State
14 411 Provisionfor Deferred Utility Income Tax Credits
15 412 InvestmentTax Credits -Utility
16 Total Expenses from operationsbeforeinterest (add lines 2-15)39485
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)6483
20 415 Revenues,MerchandizingJobbing and ContractWork
21 416 Expenses,Merchandizing,Jobbing &Contracts
22 419 Interest &Dividend Income 869
23 420 Allowancefor Funds used During Construction
24 421 MiscellaneousNon-Utility Income
25 426 MiscellaneousNon-Utility Expense
26 408.20 OtherTaxes,Non-UtilityOperations
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)869
29 Gross Income (add lines 19 &28)7352
30 427.3 Interest Exp.on Long-Term Debt
31 427.5 Other InterestCharges
32 NET INCOME (Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)7352
Rev7/99 Page 4
Namo:Bar Circle S Water Co Inc
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 2001
Balance Added Removed Balance
SUB Beginning During During End ofACCT#DESCRIPTION of Year Year Year Year
1 301 Organization
2 302 Franchises and Consents
3 303 Land &Land Rights 2250 2250
4 304 Structures and Improvements 9739 10000 19739
5 305 Collecting &ImpoundingReservoirs 22600 22000 44600
6 306 Lake,River &Other Intakes
7 307 Wells 21087 12000 33087
8 308 Infiltration Galleries &Tunnels
9 309 Supply Mains
10 310 PowerGeneration Equipment
11 311 PowerPumping Equipment 18097 7000 25079
12 320 Purification Systems
13 330 Distribution Reservoirs&Standpipes
14 331 Trans.&Distrib.Mains &Accessories
15 333 Services
16 334 Meters and Meter Installations
17 335 Hydrants
18 336 Backflow PreventionDevices
19 339 Other Plant &Misc.Equipment
20 340 Office Furnitureand Equipment
21 341 TransportationEquipment
22 342 Stores Equipment
23 343 Tools,Shop and Garage Equipment
24 344 LaboratoryEquipment
25 345 Power OperatedEquipment
26 346 CommunicationsEquipment
27 347 Miscellaneous Equipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE 73755 51000 124755
(Add lines 1 -28)Enter beginning&end of year totals on Pg 7,Line 1
Rev7/99 Page 5
Nam'e:Bar Cricle 'S'Water Co Inc
ACCUMULATED DEPRECIATIONACCOUNT 108.1 DETAIL
For Year Ended 2001
Depreciation Balance Balance IncreaseSUBRateBeginningEndoforACCT#DESCRIPTION %of Year Year (Decrease)
1 304 Structures and Improvements 9739 9739
2 305 Collecting &ImpoundingReservoirs 17263 18086 823
3 306 Lake,River &Other Intakes
4 307 Wells 12079 12666 577
5 308 InfiltrationGalleries&Tunnels
6 309 Supply Mains
7 310 PowerGenerationEquipment
8 311 PowerPumping Equipment 18078 18161 83
9 320 Purification Systems
10 330 Distribution Reservoirs&Standpipes
11 331 Trans.&Distrib.Mains &Accessories
12 333 Services
13 334 Meters and Meter Installations
14 335 Hydrants
15 336 Backflow Prevention Devices
16 339 Other Plant &Misc.Equipment
17 340 Office Furniture and Equipment
18 341 TransportationEquipment
19 342 Stores Equipment
20 343 Tools,Shop and Garage Equipment
21 344 LaboratoryEquipment
22 345 Power Operated Equipment
23 346 CommunicationsEquipment
24 347 Miscellaneous Equipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 -25)57159 58652 1493
Enter beginning&end of year totals on Pg 7,Line 7
Rev7/99 Page 6
Name:Bar Circle 'S'Circle Water Co Inc
BALANCE SHEET
For Year Ended 2001
ASSETS Balance Balance Increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service (From Pg 5,Line 29)73755 124755 51000
2 102 Utility Plant Leased to Others
3 103 Plant Held for Future Use
4 105 ConstructionWork in Progress
5 114 Utility Plant Aquisition Adjustment
6 Subtotal (Add Lines 1 -5)73755 124755 51000
7 108.1 AccumulatedDepreciation(From Pg 6,Line 26)-57159 -58652 -1493
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 AccumulatedAmortization -Aquisition Adj.
13 Net Utility Plant (Line 6 less lines 7 -12)16596 66103 49507
14 123 Investmentin Subsidiaries
15 125 Other Investments
16 Total Investments(Add lines 14 &15)
17 131 Cash 54541 3807 -50734
18 135 Short Term Investments
19 141 Accts/Notes Receivable-Customers
20 142 Other Receivables
21 145 Receivablesfrom Associated Companies
22 151 Materials &Supplies Inventory
23 162 Prepaid Expenses
24 173 Unbilled (Accrued)Utility Revenue
25 143 Provision for UncollectableAccounts
26 Total Current (Add lines 17 -24 less line 25)54541 3807 -50734
27 181 UnamortizedDebt Discount &Expense
28 183 Preliminary Survey &InvestigationCharges
29 184 Deferred Rate Case Expenses
30 186 Other Deferred Charges
31 Total Assets (Add lines 13,16 &26 -30)71137 69910 -1227
Rev7/99 Page 7
Name:Bar Circle 'S'Water Co Inc
BALANCE SHEET
For Year Ended 2001
LIABILITIES &CAPITAL Balance Balance increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 201-3 Common Stock 100 100
2 204-6 PreferredStock
3 207-13 Miscellaneous Capital Accounts 33897 33897
4 214 AppropriatedRetainedEarnings
5 215 UnappropriatedRetained Earnings -18 15779
6 216 ReacquiredCapital Stock
7 218 ProprietaryCapital
8 Total Equity Capital (Add Lines 1-5+7 less line 6)33979 49776 15797
9 221-2 Bonds
10 223 Advancesfrom Associated Companies
11 224 Other Long -Term Debt
12 231 Accounts Payable 1104 0 -1104
13 232 Notes Payable
14 233 Accounts Payable -Associated Companies 0 20104 20104
15 235 CustomerDeposits (Refundable)
16 236.11 Accrued OtherTaxes Payable
17 236.12 Accrued Income Taxes Payable 909 30 -879
18 236.2 Accrued Taxes -Non-Utility
19 237-40 Accrued Debt,Interest &Dividends Payable 26700 -26700
20 241 Misc.Current &Accrued Liabilities 69910 7218
21 251 UnamortizedDebt Premium
22 252 Advances for Construction
23 253 Other DeferredLiabilities
24 255.1 Accumulated Investment Tax Credits -Utility
25 255.2 Accum.InvestmentTax Credits -Non-Utility
26 261-5 Operating Reserves
27 271 Contributionsin Aid of Construction
28 272 Accum.Amort.of Contrib.in Aid of Const.**
29 281-3 Accumulated DeferredIncome Taxes
30 Total Liabilities (Add lines 9 -29
31 TOTAL LIAB &CAPITAL (Add lines 8 &30)28713 69910,7218
**Only if Commission Approved
Rev7/99 Page 8
Nanie:Bar Circle 'S'Water Co Inc
STATEMENTOF RETAINEDEARNINGS
For Year Ended 2001
1 Retained Earnings Balance @ Beginningof Year -18
2 Amount Added from CurrentYear Income (From Pg 4,Line 32)7352
3 Other Credits to Account
4 DividendsPaid or Appropriated
5 Other Distributions of Retained Earnings
6 RetainedEarnings Balance @ End of Year 7334
CAPITAL STOCK DETAIL
No.Shares No.Shares Dividends
7 Description (Class,Par Value etc.)Authorized Outstanding Paid
Common 500,000 100
DETAIL OF LONG-TERMDEBT
Interest Year-end Interest Interest
8 Description Rate Balance Paid Accrued
None
Rev7/99 Page 9
Name:Bar Circle 'S'Water Co Inc
SYSTEM ENGINEERINGDATA
For Year Ended 2001
1 Providean 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 Designationor location (gpm)Filter etc.)(000's Gal.)SurfaceWtr)
Kootenai County 2000 None Well
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres-(Wood,Steel
Storage Designationor Location Gal.Gal.urized,Boosted)Concrete)
Kootenai County 5500 45000 Elevated Steel
(Duplicate form and attach if necessary.Asterisk facilities added this year.)
Rev7/99 Page 10
Narne:Bar Circle 'S'Water Co Inc
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 2001
4 Pump informationfor ALL system pumps,including wells and boosters.
Rated Discharge EnergyDesignationorLocationHorseCapacityPressureUsed
&Type of Pump**Power (gpm)(psi)This Year
Kootenai County 60 550
**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 pumpedthis year?44217600
What was the total amount pumped during peak month?9452200
What was the total amount pumpedon the peak day?30490968
6 If customers are metered,what was the total amount sold in peak month?9452200
7 Was your system designed to supply fire flows?Yes
If Yes:What is current system rating?6
8 How many times were meters read this year?7
During which months?March thru October
9 How many additional customers could be served with no system improvements
except a service line and meter?140
How many of those potential additions are vacant lots?0
10 Are backbone plant additions anticipated during the coming year?Yes
If Yes,attach an explanation of projects and anticipated costs!
purchasingadjacentwater co and anticopatedcosts $90,000
11 In what year do you anticipate that the system capacity (supply,storage or distribution)
will have to be expanded?2002
Rev7/99 Page 11
Narne:Bar Circle 'S'Water Co Inc
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 2001
FEET OF MAINS
In Use Installed Abandoned in Use
1 Pipe Beginning During During End of
Size Of Year Year Year Year
none none
CUSTOMERSTATISTICS
Numberof Custcmers Thousandsof Gallons Sold
This Last This Last
Year Year Year Year
2 Metered:117 117'
2A Residential 1 1
2B Commercial
2C Industrial
3 Flat Rate:
3A Residential 15 15
3B Commercial 15 15
3C Industrial
4 PrivateFire Protection Yes Yes
5 Public Fire Protection
6 Street Sprinkling
7 Municipal,Other
8 Other Water Utilities
TOTALS (Add lines 2 through 8)
Rev7/99 Page 12
CERTIFICATE
State of Idaho )
)ss
County of ce rr ni)
WE,the undersigned
and
of the /
utility,on our oath do severally say that the foregoing report has been preparedunder 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,informationand belief.
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
this day of
NOTA PUBLIC
My Commission Expires /
gdklexcelljnelson/anutrpts/wtrannualrpt
Rev7/99 Page 13