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Home My WebLink About2003Annual Report.pdf;j""'1 6/i- .t:'' C \JC\\ L. . ....1 ~ 1;;.;.. lL. i"-.JI m ""l: 3'i,;~'l Fwd ;) Fin AL REPvfli BITTERROOT WATER COMPANY PO Box 2306 Hayden Lake, I D 83835 TO TH IDAHO PUBLIC UTiliTIES COMMISSION FOR THE YEAR ENDED: DECEMBER 31 , 2003 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 2003 11 Are there any affiliated companies? 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 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 5408 E Rickel Ranch Road City Hayden Lake State Idaho Zip 83835 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 Bitterroot Water Company 6/16/1995 Idaho 5408 Rickel Ranch Road PO Box 2306 Hayden Lake Idaho 83835 Corporation Kootenai County Explain any services Name Phone No. Ken Rickel 208-683-81 05 Ken Rickel 208-683-8105 Cathy Rickel 208-683-8105 Ken Rickel 208-683-8105 Cathy Rickel 208-683-8105 Inland Northwest Consultants 208-773-8370 Ken Rickel 208-683-8105 Susan Jacobson 509-892-6440 NAME: Bitterroot Water Company COMPANY INFORMATION (Cont.) For the Year Ended 2003 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 Rickel Water Company Name of owner or operator Ken RickelMailing Address PO Box 1261City 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 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 8/01 Gallons/CCF $Amount 961 120 I $ 1 188. July-(All new customers receive a copy in their packet) NAME: Bitterroot Water Company REVENUE & EXPENSE DETAIL For the Year Ended 2003 ACCT #DESCRI PTION 400 REVENUES 460 Unmetered Water Revenue 461.Metered Sales - Residential 33,327 461.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)33,327 (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers Booked to Acct # ** Hookup or Connection Fees Collected 250 Booked to Acct ~460 *** Commission Approved Surcharges Collected Booked to Acct ~460 401 OPERATING EXPENSES 601.6 labor - Operation & Maintenance 578 601.labor - Customer Accounts 601.labor - Administrative & General 603 Salaries , Officers & Directors 250 604 Employee Pensions & Benefits 610 Purchased Water 689 615-Purchased Power & Fuel for Power 950 618 Chemicals 620.6 Materials & Supplies - Operation & Maint.348 620.8 Materials & Supplies - Administrative & General 059 631-34 Contract Services - Professional 380 635 Contract Services - Water Testing 370 636 Contract Services - Other 717 641-Rentals - Property & Equipment 650 Transportation Expense 656-Insurance 557 660 Advertising 666 Rate Case Expense (Amortization) 667 Regulatory Comm. Exp. (Other except taxes) 670 Bad Debt Expense 675 Miscellaneous 245 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)296 Rev 8/01 Name:Bitterroot Water Company INCOME STATEMENT For Year Ended 2003 ACCT #DESCRIPTION Revenue (From Page 3 , line 8)33,327 Operating Expenses (From Page 3, line 33)296 403 Depreciation Expense 163 406 Amortization , Utility Plant Aquisition Adj. 407 Amortization Exp. - Other 408.Regulatory Fees (PUC)115 408.Property Taxes 244 408. 12 Payroll Taxes 408.Other Taxes (list)DEQ Fees 409. 1 0 Federal Income Taxes 891 409.State Income Taxes 483 410.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)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)134 415 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 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) Gross Income (add lines 19 & 28)165 427.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)165 Rev 8/01 Name: Bitterroot Water Company ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 2003 301 Organization 302 Franchises and Consents 303 land & land Rights 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 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 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 Name: Bitterroot Water Company ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL For Year Ended 2003 SUB Depreciation Rate Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 320 P~rification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 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) Enter beginning & end of year totals on Pg 7, Line 7 Rev 8/01 Name: Bitterroot Water Company BALANCE SHEET For Year Ended 2003 ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 101 Utility Plant in Service (From Pg 5, Line 29) 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) 108.Accumulated Depreciation (From Pg 6, Line 26) 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) 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 046 821 (18 225) 135 Short Term Investments 141 Accts/Notes Receivable - Customers 312 (41)353) 142 Other Receivables 145 Receivables from Associated Companies 151 Materials & Supplies Inventory 316 (316) 162 Prepaid Expenses 173 Unbilled (Accrued) Utility Revenue 143 Provision for Uncollectable Accounts Total Current (Add lines 17 -24 less line 25)674 781 (20,894) 181 Unamortized Debt Discount & Expense 183 Preliminary Survey & Investigation Charges 184 Deferred Rate Case Expenses 186 Other Deferred Charges Total Assets (Add lines 13, 16 & 26 - 30)674 781 (20,894) Rev 8/01 Name: Bitterroot Water Company BALANCE SHEET For Year Ended 2003 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 201-Common Stock 204-Preferred Stock 207-Miscellaneous Capital Accounts 214 Appropriated Retained Earnings 874 559 (27 315) 215 Unappropriated Retained Earnings 800 800 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6)29,674 359 (27 315) 221-Bonds 223 Advances from Associated Companies 224 Other long - Term Debt 231 Accounts Payable 172 172 232 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 250 250 272 Accum. Amort. of Contrib. in Aid of Const. ** 281-Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 422 422 TOTAL LlAB & CAPITAL ( Add lines 8 & 30)674 781 (20,893) ** Only if Commission Approved Rev 8/01 Name: Bitterroot Water Company STATEMENT OF RETAINED EARNINGS For Year Ended 2003 Retained Earnings Balance Beginning of Year 874 Amount Added from Current Year Income (From Pg 4 , Line 32)165 Other Credits to Account (316) Dividends Paid or Appropriated (27 164) Other Distributions of Retained Earnings Retained Earnings Balance ~ End of Year 559 CAPITAL STOCK DETAIL No. Shares No. Shares Description (Class , Par Value etc. Common , no par value A th . d Dividends P 'onze utstan InQ DETAIL OF LONG-TERM DEBT . t' Interest Year-end Interest Interest escnp11on ate Balance Paid Accrued Rev 8/01 Name: Bitterroot Water Company SYSTEM ENGINEERING DATA For Year Ended 2003 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) Corner of Brunner & Clagstone Road 120 Chlorine 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) Corner of Brunner & Clagstone Road 100 Boosted Concrete (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 8/01 Name: Bitterroot Water Company SYSTEM ENGINEERING DATA (continued) For Year Ended 2003 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 Well-Submersible 120 Booster Pump #1 Booster Pump #2 6 Pressure Tanks ** 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? 227 249 339 700 N/A If customers are metered, what was the total amount sold in peak month?627 580 Was your system designed to supply fire flows? If Yes: What is current system rating? Yes Residential 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?2005 Rev 8/01 Name: Bitterroot Water Company SYSTEM ENGINEERING DATA (continued) For Year Ended 2003 FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year 000 000 500 500 CUSTOMER STATISTICS Number of Customers TOTALS (Add lines 2 through 8) This last This last Year Year Year Year 115 101 875 792 353 744 116 102 23,228 23,536 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 8/01 CERTIFICA TE State of Washington ) ss County of Spokane , the undersigned, Kenneth W. Rickel and Catherine L. Rickel, of the BITTERROOT 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. ~~ ft/~ (Chief Officer) tdk/l (Officer in Charge of Accounts) Subscribed and Sworn to Before Me thi y of My Commission Expires ~-D~'- \","U""I ,\' ~OCOb II"" A ......... SOA ~, 6" . .. ~, , .:- C) .. 1\ftor.\on E..t;o . ~ .:::i.~CI):i:' & .\.. ~ "'o,ot, - '" : ft. ~"O . (""" e: ... ... .- 8 0,;:- . ~~~;::,~ ~ . . 02-06- .'::".J~ " O~ -......... ~'\ ~ I, e of Woe:) \,\111'""",\\ gd kI exce IIi ne I sonl anu I rpts/wtrannua I rpt Rev 8/01