2008Annual Report.pdf

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ANNUAL REPORf1!~O
OF lEA6-tG
Eagle Water Company
NAME
188W. State Street, Suite 4
Eagle, Idaho 83616
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED . December 31, 2008
'.
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING December 31, 2008
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 affiliated 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 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? 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
Robert V. DeShazo 939-0242
Roland Jones
Bett 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 278-5663
Phone No
Rev 3/02 Page 1
".
NAME:Eagle Water Company
COMPANY INFORMATION (Cont.)
For the Year Ended 12131/2008
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
Mailing Address
City
State
Zip
No
Gallons/CCF $Amount
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Division of Environmental Quality? No
If yes, attach full explanation
20 Has the Idaho Division of Environmental Quality
recommended any improvements? Yes
If yes, attach full explanation Refer to Engineering Report
21 Number of Complaints received during year concerning:Quality of Service 9High Bils 0Disconnection 0
22 Number of Customers involuntarily disconnected 34
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701? July 2008
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
Water Pressure
Rev 3/02 Page 2
NAME:Eagle Water Company
ACCT#
REVENUE & EXPENSE DETAIL
For the Year Ended 12131/2008
DESCRI PTION
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
1
2
3
4
5
6
7
8
460
461.1
461.2
462
464
465
466
400 777,977.39
563,081.36
214,896.03
Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
9 * DEQ Fees Biled separately to customers
10 ** Hookup or Connection Fees Collected
11 ***Commission Approved Surcharges Collected
Booked to Acct #
26,586.77 Booked to Acct tJ
125,577 .45 Booked to Acct tJ
271
253
401 OPERATING EXPENSES
12 601.1-6 Labor - Operation & Maintenance 41,443.56
13 601.7 Labor - Customer Accounts 109,993.02
14 601.8 Labor - Administrative & General 18,640.13
15 603 Salaries, Officers & Directors 39,220.00
16 604 Employee Pensions & Benefits 31 ,276.23
17 610 Purchased Water
18 615-16 Purchased Power & Fuel for Power 110,970.50
19 618 Chemicals
20 620.1-6 Materials & Supplies - Operation & Maint. 33,969.75
21 620.7-8 Materials & Supplies - Administrative & General 24,724.38
22 631-34 Contract Services - Professional 119,024.79
23 635 Contract Services - Water Testing
24 636 Contract Services - Other
25 641-42 Rentals - Property & Equipment 20,944.0826 650 Transportation Expense 7,638.36
27 656-59 Insurance 30,814.18
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) ......see,es~:~e
Rev 3/02 Page 3
Name:
ACCT#
Eagle Water company
INCOME STATEMENT
For Year Ended 12/31/2008
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, Utility Plant Aquisition Adj.
Amortization Exp. - Other
Regulatory Fees (PUC)
Property Taxes
Payroll Taxes
Other Taxes (list)
Franchise Fees
City Inter-tie Fees
Other fees & licenses
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-Utilty Expense
Other Taxes, Non-Utilty Operations
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)
Interest Exp. on Long-Term Debt
Other Interest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
588,658.98
47,396.93
DEQ Fees
2,345.68
29,825.71
19,255.62
10,988.00
10,095.26
40,000.00
132.12
20.00
Page 4
777,977.39
748,718.30
523,748.77
704,361.24
1,118.99
59,463.29
44,983.46
29,259.09
(165,013.65)
(135,754.56)
127.42
10.00
(135,891.98)
".
Name:Eagle Water Company
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 12/31/2008
SUB
ACCT#
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
YearDESCRI PTION
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 611,719 75,920 687,639
308 Infiltration Galleries & Tunnels -
309 Supply Mains 12,882 12,882
310 Power Generation Equipment 20,236 20,236
311 Power Pumping Equipment 249,323 249,323
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 266,647 10,871 277,518
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 4,289 34,464
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)
2,290,478 91,080 2,381,558
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 '12131/2008
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 9,445 9,725 280
305 Collecting & Impounding Reservoirs -
306 Lake, River & Other Intakes -
307 Wells 136,470 155,341 18,871
308 Infiltration Galleries & Tunnels -
309 Supply Mains 3,478 3,736 258
310 Power Generation Equipment 20,236 20,236 -
311 Power Pumping Equipment 100,041 110,867 10,826
320 Purification Systems -
330 Distribution Reservoirs & Standpipes 48,015 48,015 -
331 Trans. & Distrib. Mains & Accessories 182,022 192,624 10,602
333 Services -
334 Meters and Meter Installations 36,362 41,705 5,343
335 Hydrants 1,012 1,046 34
336 Backflow Prevention Devices -
339 Other Plant & Misc. Equipment -
340 Office Furniture and Equipment 15,296 15,296 -
341 Transportation Equipment 30,175 30,604 429
342 Stores Equipment -
343 Tools, Shop and Garage Equipment 13,445 13,822 377
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)598,288 645,308 47,020
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 12131/2008
ASSETS Balance
End of
Increase
or
Balance
Beginning
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)2,290,478 2,381,558 91,080
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)2,290,478 2,381,558 91,080
108.1 Accumulated Depreciation (From Pg 6, Line 26)598,288 645,308 47,020
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 Utility Plant (Line 6 less lines 7 - 12)1,692,190 1,736,250 44,060
123 Investment in Subsidiaries -
125 Other Investments -
Total Investments (Add lines 14 & 15)-
131 Cash 248,870 300,263 51,393
135 Short Term Investments -
141 Accts/Notes Receivable - Customers 27,973 38,344 10,371
142 Other Receivables 12,223 8,597 (3,626)
145 Receivables from Associated Companies -
151 Materials & Supplies Inventory -
162 Prepaid Expenses -
173 Unbiled (Accrued) Utility Revenue -
143 Provision for Uncollectable Accounts -
Total Current (Add lines 17 -24 less line 25)289,066 347,204 58,138
181 Unamortized Debt Discount & Expense -
183 Preliminary Survey & Investigation Charges -
184 Deferred Rate Case Expenses -
186 Other Deferred Charges AIR Constructn 632,149 681,878 49,729
2,613,405 2,765,332 151,927Total Assets (Add lines 13,16 & 26.30)
Rev 3/02 Page 7
Name:Eagle Water Company
BALANCE SHEET
For Year Ended 12/31/2008
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 (728,702)(864,594)(135,892)
216 Reacquired Capital Stock -
218 Proprietary Capital -
Total Equity Capital (Add Lines 1-5+7 less line 6)(645,000)(780,892)(135,892)
221-2 Bonds -
223 Advances from Associated Companies -
224 Other Long - Term Debt 4,898 -(4,898)
231 Accounts Payable 144,716 303,328 158,612
232 Notes Payable 25,291 25,291 0
233 Accounts Payable - Associated Companies -
235 Customer Deposits (Refundable)-
236.11 Accrued Other Taxes Payable 9,684 26,352 16,668
236.12 Accrued Income Taxes Payable -
236.2 Accrued Taxes - Non-Utility -
237-40 Accrued Debt, Interest & Dividends Payable --
241 Misc. Current & Accrued Liabilities 1,189 1,189
251 Unamortized Debt Premium -
252 Advances for Construction ---
253 Other Deferred Liabilities 127,778 217,439 89,661
255.1 Accumulated Investment Tax Credits - Utility -
255.2 Accum. Investment Tax Credits - Non-Utility -
261-5 Operating Reserves -
271 Contributions in Aid of Construction 2,946,038 2,972,625 26,587
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 LIAB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
3,258,405
2,613,4051
3,546,224
2,765,3321
287,819
151,9271
Rev 3/02 Page 8
Name:Eagle Water Company
STATEMENT OF RETAINED EARNINGS
For Year Ended 12131/2008
1 Retained Earnings Balance (g 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 (g End of Year
(728,701.66)
(135,891.98)
(864,593.64)
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
8 Description
Interest
Rate
Year-end
Balance
Interest
Paid
Interest
Accrued
Rev 3/02 Page 9
Name:Eagle Water Company
SYSTEM ENGINEERING DATA
For Year Ended 12131/2008
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:
Pumo Desionation or location (oom)Filter etc.)WOO's Gal.)Surface Wtr)
# 1 600 com none well
# 2 40000m none well
#3 400 aom none well
#4 variable to 2,500 none well
#6 variable to 2,500 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
Storaoe Desionation 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 12/31/2008
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location Horse
Rated
Capacity
Discharge
Pressure
Energy
Used
& Type of Pump**Power (oom)(osj)This Year
W/H# 1 Sub. Berklev 50 600
W/H#2 Sub. Berklev 20 400
W/H#3 Sub. Berklev 20 400
W/H#4 Layne & Bowler variable 250 uo 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?
July
July 03
811,209,000 ga
121,649,000 ga
5,488,000 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?
70-80
70-80
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
no
11 In what year do you anticipate that the system capacity (supply, storage or distribution)
wil have to be expanded?5 - 6 years?
Rev 3/02 Page 11
Name:Eagle Water Company
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12131/2008
FEET OF MAINS
1 Pipe
Size
1 1/2"13,410 0 -0-13,410
2"2,501 0 -0-2,501
4"9,654 0 -0-9,654
6"43,356 340 -0-43,696
8"133,864 440 -0-134,304
10"20 0 -0-20
12"79,092 460 -0-79,552
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
2955 2921 596,400,863 594,115,294
444 415 217,966,063 221,898,643
0 0
1 1
0 0
3400 3337 814,366,926 816,013,937
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
CERTIFICATE
State of Idaho )
) ss
County of Ada )
WE, the undersigned Robert V. DeShazoand Betty Holt
of the Eagle 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 utilty; 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 Sk. day of &.
"JfL,.~
NOTARY PUBLIC
,~
My Commission Expires =i- \ '\ -l )
Rev 3/02 Page 13