2004Annual Report.pdf

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. NAME
/7,:l. tV. sMS!Yed ~k.~ Lb
ADDRESS
TO TH
IDAHO PUBLIC
UTiliTIES COMMISSION
FOR THE
YEAR ENDED 1;)..-- 3/- ::WO~
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING December 31 2004
COMPANY INFORMATION
Eaqle Water Company, Inc.
3/14/74
Idaho
172 W. State Street, Suite D
PO Box 455
Eaqle
Idaho
83616
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
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 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 172 W. State Street, Suite DCity State IdahoZip 83616
Phone No.Name
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 or Geneva Trent 939-8206
Page Rev 3/02
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.
ACCT #
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
460
461.
461.
462
464
465
466
400
491,998
124,031
Other Water Sales Revenue
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
616,029
Booked to Acct #
148 096 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)
36,437
83,148
19,781
16,434
054
88,000
29,205
28,044
40,324
248
29,980
10,672
928
Rev 3/02 Page 3
A19,
271
Name:le Water Com Inc.
INCOME STATEMENT
For Year Ended 31-Dec-
ACCT #DESCRIPTION
Revenue (From Page 3, line 8)616,029
Operating Expenses (From Page 3, line 33)410,257
403 Depreciation Expense 42,144
406 Amortization, Utility Plant Aquisition Adj.
407 Amortization Exp. - Other
408.Regulatory Fees (PUC),444
408.Property Taxes 38,903
408.Payroll Taxes 20,339
408.Other Taxes (list)DEQ Fees
Sales Taxes 692
City Franchise Fees 3415
409. 1 0 Federal Income Taxes
409.State Income Taxes
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)517 193
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)
415 Revenues, Merchandizing Jobbing and Contract Work
416 Expenses, Merchandizing, Jobbing & Contracts
419 Interest & Dividend Income 93.
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 20,22,23 & 24 less lines 21,25,26, & 27)
Gross Income (add lines 19 & 28)
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)
Rev 3/02 Page 4
98,836
93.
98,929
261
681
987
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 48 015 48 01 5
306 lake, River & Other Intakes
307 Wells 374 369 374 369
308 Infiltration Galleries & Tunnels
309 Supply Mains 12.882 12 882
310 Power Generation Equipment 20.236 20 236
311 Power Pumping Equipment 202.123 202.123
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories 967 151 967 151
333 Services
334 Meters and Meter Installations 187 229 11 868 199 097
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 30.175 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 291
348 Other Tangible Property
TOTAL PLANT IN SERVICE
(Add lines 1 - 28)
924 628 11 868 1 936,496
Enter beginning & end of year totals on Pg 7 , Line
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 8324 8604 280
305 Collecting & Impounding Reservoirs
306 lake, River & Other Intakes
307 Wells 79 416 91 139 11 722
308 Infiltration Galleries & Tunnels
309 Supply Mains 2.448 705 257
310 Power Generation Equipment 20.236 20.236 (0)
311 Power Pumping Equipment 63,254 72.049 794
320 Purification Systems
330 Distribution Reservoirs & Standpipes 48.015 48 015
331 Trans. & Distrib. Mains & Accessories 139 612 150215 10 603
333 Services
334 Meters and Meter Installations 17 764 21 .749 3985
335 Hydrants 874 909
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 14,845 15.296 451
341 Transportation Equipment 17. 158 21 925 767
342 Stores Equipment
343 Tools, Shop and Garage Equipment 10 651 11 442 791
344 laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment 145 604 459
348 Other Tangible Property
TOTALS (Add Lines 1 - 25)423.742 465.887 42.144
Enter beginning & end of year totals on Pg 7 , line 7
Rev 3/02 Page 6
tcrvu:ted PMj~
Name:Eagle Water Company
BALANCE SHEET
For Year Ended 12/31/04
ASSETS Balance
End of
IncreaseBalance
Beginning
ACCT #DESCRIPTION of Year Year (Decrease)
101 Utility Plant in Service (From Pg 5, Line 29)924.628 1 936 496 11.868
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)924.628 936.496 11.868
108.Accumulated Depreciation (From Pg 6, Line 26)423.742 465.887 42 145
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)1 500 886 1 470609 (30.277)
123 Investment in Subsidiaries
125 Other Investments
Total Investments (Add lines 14 & 15)
131 Cash 32.754 134.660 101.906
135 Short Term Investments
141 Accts/Notes Receivable - Customers 30.613 18.976 (11 637)
142 Other Receivables 37.360 27.333 (10 027)
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)100 727 180 969 80.242
181 Unamortized Debt Discount & Expense
183 Preliminary Survey & Investigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges AIR Construct'2052.614 232.067 179 453
Total Assets (Add lines 13, 16 & 26 - 30)654,227 883,644 229417
Rev 3/02 Page 7
Name:
tn" ru- feel Mj e.
EagJe Water Company
BALANCE SHEET
For Year Ended 12/31/04
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 63.702 63 702
214 Appropriated Retained Earnings
215 Unappropriated Retained Earnings 783.390 873.375 89.985
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)867.092 957.077 89.985
221-Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt 37.926 31 .847 (6.079)
231 Accounts Payable 210.721 215.093 4372
232 Notes Payable 87.873 77.270 (10603)
233 Accounts Payable - Associated Companies
235 Customer Deposits (Refundable)
236.Accrued Other Taxes Payable 21 812 33 141 11 329
236.Accrued Income Taxes Payable
236.Accrued Taxes - Non-Utility
237 -Accrued Debt, Interest & Dividends Payable 8700 1 017 (7.683)
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 2.420.103 568.199 148 096
272 Accum. Amort. of Contrib. in Aid of Const. **
281-Accumulated Deferred Income Taxes30 Total Liabilities (Add lines 9 - 29
31 TOTAL LlAB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
Rev 3/02
2787 135
654 227
926 567
883:644 I
139 432
229417
Page 8
Name:Eaqle Water Company, Inc.
STATEMENT OF RETAINED EARNINGS
For Year Ended 31-Dec-
Retained Earnings Balance (Q) 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 (Q) End of Year
783,390
89,985
873 375
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.
Common
No. Shares Dividends
P 'Authorized utstan InO
20.000 20.000
DETAIL OF LONG-TERM DEBT
eSCrlO110n ate a ance ccrue
Note Payable - Nvbora 12% - 14%31.847 289 132.
. f
Interest
Rev 3/02 Page 9
Year-end 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:
Pump Desiqnation or location (oom)Filter etc.(OOO's Gal.)Surface Wtr)
600 oom none well
400 oom none well
400 oom 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
Storaae Desianation or location Gal.Gal.u rized 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
& TvDe of Pump Power (qpm)(DSi)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 UD to 2.500
W /H #6 lavne & Bowler variable 250 UP 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?
747,961 000
July 125,703,
16 Auq 4 763,
If customers are metered, what was the total amount sold in peak month?125,703,000
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?
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?2005
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
601 1 601
074 074
41 .296 41,296
122.664 122.664
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
2596 2488 547.248,325
292 257 129.318.068
2889 2746 676.566.393
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
CERTIFICA TE
State of Idaho
County of
) .
) ss
and
of the
utility, on our 0 h do severally say that the for oing port 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.
~()
b~ bA Jr.
Subscribed and Sworn to Before Me
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Rev 3/02 Page 13