2007Annual Report.pdf

. ,RECEIVED
26U8 APR l l AM 8: 06
ANNUAL REPORrr~o
OF EAG-W
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TO THE
IDAHO PUBLIC
UTiliTIES COMMISSION
FOR THE
YEAR ENDED beuber .3/) 2007
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING December 31,2007
COMPANY INFORMATION
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
83616
Corporation
Eagle, Ada County, Idaho
11 Are there any affilated companies? No
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utilty.
12 Contact Information Name
President (Owner)
Vice President
Secretary
General Manager
Complaints or Biling
Engineering
Emergency Service
Accounting
13 Were any water systems acquired during the year or any additions/deletions madeto the service area during the year? No
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utilty.
14 Where are the Company's books and records kept?
Street Address 188 W. State Street, Suite 4C~ E~~State IdahoZip 83616
Phone No
Robert V. DeShazo 939-0242
Roland Jones
Bettv Holt 939-0242
Norman Revels 939-0242
Bettv Holt 939-0242
Jim Rees, MTC Enaineers
Norman Revels 939-0242
Bettv Holt, 939-0242, or Geneva Trent 939-8206
Rev 3/02 Page 1
NAME:Eagle Water Company
COMPANY INFORMATION (Cont.)
For the Year Ended 12131/2007
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?
No
17 Is water purchased for resale through the system?
18 If yes: Name of Organization
Name of owner or operator
Mailng Address
Ci~
State
Zip
No
Gallons/CCF $Amount
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Division of Environmental Quali~? No
If yes, attach full explanation
20 Has the Idaho Division of Environmental Quali~
recommended any improvements? Yes
If yes, attch full explanation At this time there are no recommended improvements
21 Number of Complaints received during year concerning:Quality of Service 1High Bills 1Disconnection 1
22 Number of Customers involuntarily disconnected 3
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701? July 2007
Attach a copy of the Summary
24 Did significant additions or retirements from the
Plant Accounts occur during the year? NO
If yes, attach full explanation
and an updated system map
Rev 3/02 Page 2
NAME:Eagle Water Company
REVENUE & EXPENSE DETAIL
For the Year Ended 12/31/2007
ACCT#DESCRIPTION
400 REVENUES
1 460 Unmetered Water Revenue
2 461.1 Metered Sales - Residential 557,577.33
3 461.2 Metered Sales - Commercial, Industrial 224,556.08
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue
6 465 Irrigation Sales Revenue
7 466 Sales for Resale
8 400 Total Revenue (Add Lines 1 - 7)782,133.41
(also enter result on Page 4, line 1)
9 * DEQ Fees Biled separately to customers Booked to Acct #
10 ** Hookup or Connection Fees Collected 52,171.00 Booked to Acct :/271
11 ***Commission Approved Surcharges Collected 138,854.35 Booked to Acct :/253
401 OPERATING EXPENSES
12 601.1-6 Labor - Operation & Maintenance 34,044.30
13 601.7 Labor - Customer Accounts 98,304.69
14 601.8 Labor - Administrative & General 22,554.27
15 603 Salaries, Officers & Directors 37,203.50
16 604 Employee Pensions & Benefits 26,739.02
17 610 Purchased Water
18 615-16 Purchased Power & Fuel for Power 92,261.37
19 618 Chemicals
20 620.1-6 Materials & Supplies - Operation & Maint. 9,338.44
21 620.7-8 Materials & Supplies - Administrative & General 29,068.27
22 631-34 Contract Services - Professional 46,156.33
23 635 Contract Services - Water Testing
24 636 Contract Services - Other
25 641-42 Rentals - Property & Equipment 20,944.0826 650 Transportation Expense 7,788.92
27 656-59 Insurance 40,817.47
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)~~~ggQ:??m
Rev 3/02 Page 3
Name:
ACCT#
Eagle Water company
INCOME STATEMENT
For Year Ended 12131/2007
DESCRIPTION
1
2
3 403
4 406
5 407
6 408.10
7 408.11
8 408.12
9A 408.13
9B
9C
9D
10 409.10
11 409.11
12 410.10
13 410.11
14 411
15 412
16
17 413
18 414
19
20 415
21 416
22 419
23 420
24 421
25 426
26 408.20
27 409-20
28
29
30 427.3
31 427.5
32
Rev 3/02
Revenue (From Page 3, line 8)
Operating Expenses (From Page 3, line 33)
Depreciation Expense
Amortization, Utilty Plant Aquisition Adj.
Amortization Exp. - Other
Regulatory Fees (PUC)
Propert Taxes
Payroll Taxes
Other Taxes (list) DEQ Fees
Franchise Fees
Other fees & licenses
465,220.66
47,464.98
2,272.33
15,297.62
17,387.13
8,241.00
9,400.81
120.85
Federal Income TaxesState Income Taxes 20.00
Provision for Deferred Income Tax - Federal
Provision for Deferred Income Tax - State
Provision for Deferred Utilty Income Tax Credits
Investment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)
Income From Utili~ 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-Utili~ Income
Miscellaneous Non-Utilty Expense
Other Taxes, Non-Utili~ Operations
Income Taxes, Non-Utili~ Operations
Net Non-Utili~ Income (Add lines 20,22,23 & 24 less lines 21,25,26, & 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
782,133.41
565,425.38
361,505.17
565,417.56
973.18
216,708.03
(202,939.21 )
13,768.82
3,427.40
10,341.42
Name:Eagle Water Company
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 12/31/2007
SUB
ACCT#
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
YearDESCRIPTION
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
301 Organization 13,857 13,857
302 Franchises and Consents -
303 Land & Land Rights 19,100 19,100
304 Structures and Improvements 15,200 15,200
305 Collecting & Impounding Reservoirs -
306 Lake, River & Other Intakes -
307 Wells 591,851 9,934 601,785
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 47,200 249,323
320 Purification Systems -
330 Distribution Reservoirs & Standpipes 48,015 48,015
331 Trans. & Distrib. Mains & Accessories 967,151 967,151
333 Services -
334 Meters and Meter Installations 249,836 16,630 266,467
335 Hydrants 4,200 4,200
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 14,386 14,386
344 Laboratory Equipment -
345 Power Operated Equipment -
346 Communications Equipment -
347 Miscellaneous Equipment 2,291 2,291
348 Other Tangible Propert -
29 TOTAL PLANT IN SERVICE
(Add lines 1 - 28)
2,206,599 73,764 2,280,363
Enter beginning & end of year totals on Pg 7, Line 1
Rev 3/02 Page 5
Name:Eagle Water Company
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 12131/2007
SUB
Depreciation
Rate
Balance
Beginning
Balance
End of
Increase
or
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
ACCT#DESCRIPTION %of Year Year (Decrease)
304 Structures and Improvements 9,165 9444.71 280
305 Collecting & Impounding Reservoirs -
306 Lake, River & Other Intakes -
307 Wells 118,217 136,470 18,253
308 Infiltration Galleries & Tunnels -
309 Supply Mains 3,220 3,478 258
310 Power Generation Equipment 20,236 20,236 -
311 Power Pumping Equipment 89,189 100,041 10,853
320 Purification Systems -
330 Distribution Reservoirs & Standpipes 48,015 48,015 -
331 Trans. & Distrib. Mains & Accessories 171,420 182,022 10,602
333 Services -
334 Meters and Meter Installations 31,177 36,362 5,185
335 Hydrants 977 1,012 34
336 Backflow Prevention Devices -
339 Other Plant & Misc. Equipment -
340 Office Furniture and Equipment 15,296 15,296 -
341 Transportation Equipment 28,175 30,175 2,000
342 Stores Equipment -
343 Tools, Shop and Garage Equipment 13,069 13,069 -
344 Laboratory Equipment -
345 Power Operated Equipment -
346 Communications Equipment -
347 Miscellaneous Equipment 2,291 2,291 -
348 Other Tangible Property -
TOTALS (Add Lines 1 - 25)550,447 597,911 47,465
Enter beginning & end of year totals on Pg 7, Line 7
Rev 3/02 Page 6
Name:Eagle Water Company
BALANCE SHEET
For Year Ended 12131/2007
ASSETS Balance
Beginning
Balance
End of
Increase
or
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
ACCT#DESCRIPTION of Year Year (Decrease)
101 Utility Plant in Service (From Pg 5, Line 29)2,206,599 2,280,363 73,764
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)2,206,599 2,280,363 73,764
108.1 Accumulated Depreciation (From Pg 6, Line 26)550,447 597,911 47,465
108.2 Accum. Depr. - Utility Plant Lease to Others -
108.3 Accum. Depr. - Property Held for Future Use -
110.1 Accum. Amort. - Utility Plant in Service -
110.2 Accum. Amort. - Utility Plant Lease to Others -
115 Accumulated Amortization - Aquisition Adj.-
Net Utilty Plant (Line 6 less lines 7 - 12)1,656,153 1,682,452 26,299
123 Investment in Subsidiaries -
125 Other Investments -
Total Investments (Add lines 14 & 15)-
131 Cash 207,261 248,870 41,609
135 Short Term Investments -
141 Accts/Notes Receivable - Customers 12,449 27,973 15,525
142 Other Receivables 15,117 12,223 (2,894)
145 Receivables from Associated Companies -
151 Materials & Supplies Inventory -
162 Prepaid Expenses -
173 Unbiled (Accrued) Utilty Revenue -
143 Provision for Uncollectable Accounts -
Total Current (Add lines 17 -24 less line 25)234,826 289,066 54,240
181 Unamortized Debt Discount & Expense -
183 Preliminary Survey & Investigation Charges -
184 Deferred Rate Case Expenses -
186 Other Deferred Charges AIR Constructn 2,496,189 2,488,586 (7,603)
4,387,168 4,460,104 72,936Total Assets (Add lines 13, 16 & 26.30)
Rev 3/02 Page 7
Name:Eagle Water Company
BALANCE SHEET
For Year Ended 12/31/2007
LIABILITIES & CAPITAL Balance
Beginning
Balance
End of
Increase
or
ACCT#DESCRIPTION of Year Year (Decrease)
201-3 Common Stock 20,000 20,000 -
204-6 Preferred Stock -
207-13 Miscellaneous Capital Accounts 63,702 63,702 -
214 Appropriated Retained Earnings -
215 Unappropriated Retained Earnings 1,107,656 1,117,998 10,342
216 Reacquired Capital Stock -
218 Proprietary Capital -
Total Equi~ Capital (Add Lines 1-5+7 less line 6)1,191,358 1,201,700 10,342
221-2 Bonds -
223 Advances from Associated Companies -
224 Other Long - Term Debt 15,170 4,898 (10,272)
231 Accounts Payable 128,822 144,716 15,894
232 Notes Payable 40,126 25,291 (14,835)
233 Accounts Payable - Associated Companies -
235 Customer Deposits (Refundable)-
236.11 Accrued Other Taxes Payable 14,519 9,684 (4,835)
236.12 Accrued Income Taxes Payable -
236.2 Accrued Taxes - Non-Utility -
237-40 Accrued Debt, Interest & Dividends Payable --
241 Misc. Current & Accrued Liabilities -
251 Unamortized Debt Premium -
252 Advances for Construction 18,065 -(18,065)
253 Other Deferred Liabilties 85,242 127,778 42,536
255.1 Accumulated Investment Tax Credits - Utili~-
255.2 Accum. Investment Tax Credits - Non-Utili~-
261-5 Operating Reserves -
271 Contributions in Aid of Construction 2,893,867 2,946,038 52,171
272 Accum. Amort. of Contrib. in Aid of Const. **-
281-3 Accumulated Deferred Income Taxes -
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 Total Liabilities (Add lines 9 - 29
31 TOTAL L1AB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
3,195,810
4,387,1681
3,258,404
4,460,1041
62,594
72,9361
Rev 3/02 Page 8
Name:Eagle Water Company
STATEMENT OF RETAINED EARNINGS
For Year Ended 12131/2007
1 Retained Earnings Balance (§ Beginning of Year
2 Amount Added from Current Year Income (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
1,107,656.41
10,341.42
1,117,997.83
CAPITAL STOCK DETAIL
No. Shares No. Shares Dividends
7 Description (Class, Par Value etc.)
Common
Authorized Outstandina Paid
20,000 20,000 -0-
DETAIL OF LONG-TERM DEBT
Interest Year-end Interest
P 'd
Interest
8 Descriotion Rate Balance ai ccrue
Note Pavable - NvborQ 12% -14%$4,897.56 $476.15 $9.64
A d
Rev 3/02 Page 9
Name:Eagle Water Company
SYSTEM ENGINEERING DATA
For Year Ended 12131/2007
1 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,
2 Water Supply:
Pump Desionation or location (opm)Filter etc.)moo's Gal.Surface Wtr)
# 1 600aom none well
#2 4000pm none well
#3 400 aom none well
#4 variable to 2,50C none well
#6 variable to 2,50C none well
#7 variable to 1345 none well
3 System Storage:
Total
Capacity
OOO's
Usable
Capacity
OOO's
Type of
Reservoir Construction
(Elevated,Pres- (Wood, Steel
Storage Designation or Location Gal.Gal.urized, Boosted\Concrete)
W/H#2 90,000 90,000 Boosted Concrete
(Duplicate form and attach if necessary. Asterisk facilties added this year.)
Rev 3/02 Page 10
Name:Eagle Water Company
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12131/2007
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location Horse
Rated
Capacity
Discharge
Pressure
Energy
Used
& Type of Pumo**Power (aom)(osj)This Year
W/H# 1 Sub. Berklev 50 600
W/H#2 Sub. Berkley 20 400
W/H#3 Sub. Berklev 20 400
W/H#4 Lavne & Bowler variable 250 up to 2,500
W/H#6 Layne & Bowler variable 250 UP to 2,500
W/H#2 Pacific 25 450
W/H#2 Pacific 15 220
W/H#2 Pacific 25 450
WH # 7 American Marsh variable 200 UP to 1,345
.. .** 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 pumped this year?
What was the total amount pumped during peak month?
What was the total amount pumped on the peak day?
858,421,000 ga
146,504,000 ga
5,459,000 gal.
6 If customers are metered, what was the total amount sold in peak month?134,862,618
7 Was your system designed to supply fire flows?
If Yes: What is current system rating?
yes
3
8 How many times were meters read this year?
During which months?
12
January through December
9 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?
moratorium
moratorium
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
moratorium
11 In what year do you anticipate that the system capaci~ (supply, storage or distribution)
wil have to be expanded?
Rev 3/02 Page 11
,Name:Eagle Water Company
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12/31/2007
FEET OF MAINS
1 Pipe
Size
1 112"13,410 230 -0-13,640
2"1,701 800 -0-2,501
4"9,654 0 -0-9,654
6"43,356 0 -0-43,356
8"132,864 1,000 -0-133,864
10"20 0 -0-20
12"78,972 120 -0-79,092
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
TOTALS (Add lines 2 through 8)
This Last This Last
Year Year Year Year
2921 2885 594,115,294 565,567,713
415 372 221,898,643 201 ,495,029
0 0
1 1
0 0
3337 3258 816,013,937 767,062,742
2 Metered:
2A Residential
2B Commercial
2C Industrial
3 Flat Rate:
3A Residential
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
Rev 3/02 Page 12
.,"I
CERTIFICATE
State of Idaho )
) ss
County of Ada )
WE, the undersigned Robert V. DeShazoand Bett Holt
of the Eagle Water Company
utili~, 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,
Subscribed and Sworn to Before Me
this!\ \- day of A£, \, '),:ic~~
NOTARY PUBLIC
My Commission Expires On
July 13, 2013My Commission Expires
Rev 3/02 Page 13
j3~¿g
~(¡n Charge of Accounts)
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