2003Annual Report.pdf

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Eagle Water Company, Inc.
NAME'
172 E State Street, Ste. D Eagle, Idaho 83616
ADDRESS
TO THE
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 December 31 2003
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
COMPANY INFORMATION
Eaqle Water Company, Inc.
3/14/74
Idaho
172 W. State Street, Suite D
PO Box 455
Eaqle
Idaho
83616
Corporation
Eaqle, Ada County, Idaho
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 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 172 W. State Street, Suite DCity State IdahoZip 83616
Rev 3/02
Name Phone No.
Robert V. DeShazo Jr.939-0242
Rowland Jones
Bettv Holt 939-0242
Norman Revels 939-0242
Bettv Holt 939-0240
Jim Rees MTC Enaineers
Norman Revels 939-0242
Bettv Holt 939-0242 Geneva Trent 939-8206
Page 1
NAME:Eaqle Water Company, Inc.
COMPANY INFORMATION (Cont.)
For the Year Ended 31-Dec-
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?
18 If yes: Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
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 $Amount
Jul-
NAME:Eaqle Water Company, Inc.
REVENUE & EXPENSE DETAIL
For the Year Ended 31-Dec-
DESCRIPTION
400 REVENUES
Unmetered Water Revenue
Metered Sales - Residential
Metered Sales - Commercial, Industrial
Fire Protection Revenue
Other Water Sales Revenue
Irrigation Sales Revenue
Sales for Resale
ACCT #
460
461.
461.
462
464
465
466
400
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)
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
Rev 3/02 Page 3
485,495
114,907
500
600,902
Booked to Acct #
180 Booked to Acct
Booked to Acct #
271
621
80,893
19,575
393
27,103
565
866
607
52,266
058
34,659
3?2 631
Name:
ACCT #
Eaqle Water Company, Inc.
INCOME STATEMENT
For Year Ended 31-Dec-
DESCRIPTION
403
406
407
6 408.
7 408.
8 408.
9A 408.
17 413
18 414
30 427.
31 427.
409.
409.
410.
410.
411
412
415
416
419
420
421
426
408.
409-
~ev 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)
382,631
45,348
1 ,467
24,132
19,993
900
11,066
DEQ Fees
Sales Taxes
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)
Page 4
600,902
492,557
108 345
108,348
924
227
197
Name:Eaqle Water Company, Inc.
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 31-Dec-
SUB
ACCT #
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
YearDESCRIPTION
301 Organization 13 857 13 857
302 Franchises and Consents
303 Land & Land Rights 19 100 19 100
304 Structures and Improvements 15 199 15 199
305 Collecting & Impounding Reservoirs 48015 48015
306 Lake, River & Other Intakes
307 Wells 387.943 13 574 374 369
308 Infiltration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment 20 236 20 236
311 Power Pumping Equipment 188.549 13 574 202,123
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories 980 033 980 033
333 Services
334 Meters and Meter Installations 171 710 15519 187 229
335 Hydrants 4200 4200
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 15 296 15.296
341 Transportation Equipment 21 175 10 000 000 30 175
342 Stores Equipment
343 Tools, Shop and Garage Equipment 12.505 12,505
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment 2291 2291
348 Other Tangible Property
TOTAL PLANT IN SERVICE
(Add lines 1 - 28)
900,109 25 519 1 000 1 924 628
Enter beginning & end of year totals on Pg 7, Line 1
Rev 3/02 Page 5
Name:Eaqle Water Company, Inc.
For Year Ended 31-Dec-
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 8044 8324 280
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells 68 290 79 416 11,722
308 Infiltration Galleries & Tunnels
309 Supply Mains 190 2448 258
310 Power Generation Equipment 20 236 20.236
311 Power Pumping Equipment 53 865 63.254 794
320 Purification Systems
330 Distribution Reservoirs & Standpipes 47744 48015 271
331 Trans. & Distrib. Mains & Accessories 129010 139612 10 602
333 Services
334 Meters and Meter Installations 14 170 17764 3594
335 Hydrants 840 874
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 13 043 14 845 802
341 Transportation Equipment 12 123 17158 035
342 Stores Equipment
343 Tools, Shop and Garage Equipment 9153 10.651 1498
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment 687 145 458
348 Other Tangible Property
TOTALS (Add Lines 1 - 25)379 395 423,742 348
Enter beginning & end of year totals on Pg 7, Line 7
Rev 3/02 Page 6
Name:Eagle Water Company, Inc.
BALANCE SHEET
For Year Ended 31-Dec-
ASSETS Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
101 Utility Plant in Service (From Pg 5, Line 29)1 900.109 924.628 24519
102 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
114 Utility Plant Aquisition Adjustment
7 108.
8 108.
9 108.
10 110.
11 110.
12 115
14 123
15 125
17 131
18 135
19 141
20 142
21 145
22 151
23 162
24 173
25 143
27 181
28 183
29 184
30 186
Rev 3/02
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)
Investment in Subsidiaries
Other Investments
Total Investments (Add lines 14 & 15)
Cash
Short Term Investments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies Inventory
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 & Investigation Charges
Deferred Rate Case Expenses AIR DeShazo, J
Other Deferred Charges AIR Construct'n
Total Assets (Add lines 13, 16 & 26 - 30)
Page 7
1 900 109 1 924 628 24519
379 395 423 743 44 348
520.714 1 500 885 (19.829)
83 936 32 754 (51 182)
36 795 30613 (6 182)
33 734 37 360 3626
154 465 100.727 (53 738)
34 504 (34 504)
1 536473 2007615 471 142
246 156 609,227 363 071
9 221-
10 223
11 224
12 231
13 232
14 233
15 235
16 236.
17 236.
18 236.
19 237 -
20 241
21 251
22 252
23 253
24 255.
25 255.
26 261-
27 271
28 272
29 281-30 Total Liabilities (Add lines 9 - 29
31 TOTAL LlAB & CAPITAL ( Add lines 8 & 30)
** Only if Commission Approved
Name:Eaqle Water Company, Inc.
BALANCE SHEET
For Year Ended 31-Dec-
LIABILITIES & CAPITAL Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
201-Common Stock 20 000 20 000
204-Preferred Stock
207-Miscellaneous Capital Accounts Paid In Capital 63 702 63.702
214 Appropriated Retained Earnings
215 Unappropriated Retained Earnings 642 193 738 390 96 197
216 Reacquired Capital Stock
218 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 Income Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, Interest & Dividends Payable
Misc. Current & Accrued Liabilities
Unamortized Debt Premium
Advances for Construction
Other Deferred Liabilities
Accumulated Investment Tax Credits - Utility
Accum. Investment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred Income Taxes
822 092 96 197725 895
Payroll
44 409 37.926 (6 483)
76 597 210.721 134 124
46 905 87.873 40,968
32 429 21.812 (1061?)
8292 8700 408
2311.629 2.420.103 108474
2 520.261 2787135 266 874
3246.156 609 227 363 071 I
Rev 3/02 Page 8
Name:Eaqle Water Company, Inc.
STATEMENT OF RETAINED EARNINGS
For Year Ended 31-Dec-
Retained Earnings Balance (g1 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 (g1 End of Year
642 193
96,197
783,390
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.
Common
No. Shares Dividends
Authorized OutstandinG Paid
20 000 20 000
DETAIL OF LONG-TERM DEBT
escrlPlIon a e a ance ccrue
Note Pavable - Nvbora 12% - 14%37 926 5244 272
Interest
R t. f
Rev 3/02 Page 9
Year-end
B I
Interest
P '
Interest
Name:Eaqle Water Company, Inc.
SYSTEM ENGINEERING DATA
For Year Ended 31-Dec-
Provide an updated system map if significant changes have been made to the system during the year.
Rated
Capacity
Type of
Treatment:
(None, Chlorine
Fluoride
Annual
Production
Water
Supply
Source
(Well , Spring,
Water Supply:
Pumo Desianation or location (aom)Filter etc.moo's Gal.)Surface Wtr)
600 aom none well
400 oom none well
400 aom none well
variable to 2 500 none well
variable to 2 500 none well
System Storage:
Total
Capacity
OOO'
Usable
Capacity
OOO'
Type ofReservoir Construction
(Elevated , Pres- (Wood , Steel
Storaqe Desianation or Location Gal.Gal.urized Boosted'Concrete)
W/H #2 90 000 90 000 Boosted Concrete)
(Duplicate form and attach if necessary. Asterisk facilities added this year.
Rev 3/02 Page 10
Name:Eaqle Water Company, Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 31-Dec-
Pump information for ALL system pumps, including wells and boosters.
Designation or Location Horse
Rated
Capacity
Discharge
Pressure
Energy
Used
& Tvoe of Pumo Power (oom)(nsj)This Year
W/H #1 Sub. Berklev 600
W/H #2 Sub. Berklev 400
W/H #3 Sub. Berkley 400
H#4 Lavne & Bowler variable 250 uo to 2 500
W/H #6 Lavne & Bowler variable 250 UD to 2 500
W/H #2 Pacific 450
W/H #2 Pacific 220
W/H #2 Pacific 450
** 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?
730,965,000
July 130,295,
15 July 4,647,
If customers are metered, what was the total amount sold in peak month?130 295,500
Was your system designed to supply fire flows?
If Yes: What is current system rating?
yes
How many times were meters read this year?
During which months?Dec. thru Jan.
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?
100
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
Yes
Well - Approx. $250,000-300 000
In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?2004
Rev 3/02 Page 11
Name:Eaqle Water Company, Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 31-Dec-
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
1 1/2"13010 13010
1 601 1 601
074 9074
41 296 41 296
120 964 1 700 122 664
10"
12"68 852 68 852
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
TOTALS (Add lines 2 through 8)
This Last This Last
Year Year Year Year
2488 2364 547 248.325 492 162 445
257 235 129318068 117465555
2746 2600 676 566 393 609 628 000
Metered:
Residential
Commercial
Industrial
Flat Rate:
Residential
Commercial
Industrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
Rev 3/02 Page 12
CERTIFICATE
State of Idaho
County of ADA
) ss
, the undersignedand Betty Holtof the Eagle Water Company, Inc.
utility, on our oath do severally say that the foregoing report has been prepared under our direction
from the original books, papers and records of said utility; that we have carefully examined same, and
declare the same to be a correct statement of the business and affairs of said utility for the period
covered by the report in respect to each and every matter and thing therin set forth, to the best of our
knowledge, information and belief.
Roberty,pE3,$b~CJ~Q,~Jr. .
Subscribed and Sworn to Before Me
VJ4PC/
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Rev 3/02 Page 13