2013Annual Report.pdf

AIYI{UAL REPORT
OF
EAGLE WATER COMPANY
NAME
188 W, STATE STREET, SUITE 4
PO BOX 455, EAGLE, IDAHO 83616
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
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YEAR ENDED 2013
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 72I3LI2IL3
RECil\t[ [:
?0il{ StP l0 At{22
COMPANY INFORMATION
Eagle Water Company, lnc.
3lL4lLe74
ldaho
188 W. State Street, Suite 4
P O Box 455
Eagle
ldaho
83616
Corporation
Eagle, Ada County, ldaho
11 Are there any affiliated companies?
lf yes, attach a list with names,
provided to the utility.
12 Contact lnformation
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
addresses & descriptions. Explain any services
13 Were any water systems acquired during the year or any additions/deletions made
to the service area during the year?
lf yes, attach a list with names, addresses & descriptions.
provided to the utility.
14 Where are the Company's books and records kept?
No
Explain any services
Street Address
City
State
zip
188 W. State Street, Suite 4
Eagle
ldaho
tDAliJ ii''i,.,., .'
UT I LlTi E s C (rl,{i'{ r li s lC i'i
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)
5 City
7 State
8 Zip Code
9 Orga nization ( proprietor, pa rtnership, corp. )
10 Towns, Counties served
Name Phone No.
Jeff Cornell
Jeff Cornell
83616
NAME:Eaole Water Companv
COMPANY INFORMATION (Cont.)
For the Year Ended t2l3ll20t3
15 ls the system operated or maintained under a
16 lf yes:
service contract?
With whom is the contract?
When does the contract expire?
What services and rates are included?
17 ls water purchased for resale through the system?
f8 lf 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
ldaho Division of Environmental Quality?
lf yes, attach full explanation
20 Has the ldaho Division of Environmental Quality
recommended any improvements?
lf yes, attach full explanation
21 Number of Complaints received during year concerning:
Quality of Service
High Bills
Disconnection
N um ber of Customers i nvol u nta rily discon nected
Date customers last received a copy of the Summary
of Rules required by IDAPA 3L.2L.O1.7OL?
Attach a copy of the Summary
Did significant additions or retirements from the
Plant Accounts occur during the year?
lf yes, attach full explanation
and an updated system map
No
No
Gallons/CCF SAmount
No
No
2022
23
0710L12013
24
No
NAME:
ACCT #
Eaqle Water Companv
REVENUE & EXPENSE DETAIL
For the Year Ended 12/3L/2012
DESCRIPTION
1
2
3
4
5
6
7
8
9
10
11
460
467.7
467.2
462
464
455
466
400
60L.7
601.8
603
604
610
535
636
660
666
667
670
675
4OO REVENUES
U nmetered Water Revenue
Metered Sales - Residential
Metered Sales - Commercial, lndustrial
Fire Protection Revenue
Other Water Sales Revenue
lrrigation 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** Hookup or Connection Fees Collected
*x *Commission Approved Surcharges Collected
401 OPERATING EXPENSES
601.1-5 Labor - Operation & Maintenance
Labor - Customer Accounts
Labor - Administrative & General
Salaries, Officers & Directors
Employee Pensions & Benefits
Purchased Water
615-16 Purchased Power & Fuel for Power
618 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
531-34 Contract Services - Professional
578,672
253,864
47,705
820,247
Booked to Acct #
Booked to Acct #
774,536 Booked to Acct # 131.1
50,341
1L2,725
36,172
52,000
36,153
159,016
2,330
4,392
7,tgt
50,203
2,L7L
104,865
12
13
t4
15
16
77
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
32
33
Contract Services - Water Testing
Contract Services - Other
64L-42 Rentals - Property & Equipment
550 Transportation Expense
556-59 Insurance
Advertising
Rate Case Expense (Amortization)
Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Miscellaneous
Total Operating Expenses (Add lines 12 -32,
Name:
also enter on Pe 617,559
INCOME STATEMENT
For Year Ended 72/31120L3
ACCT #DESCRIPTION
1
2
3
4
5
6
7
8
9A
9B
9C
9D
10
11
12
13
1,4
15
76
77
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
32
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)
6t7,559
74,809
!2,453
22,745
32,995
DEQ Fees
7,475
Federal lncome Taxes
State lncome Taxes
Provision for Deferred lncome Tax - Federal
Provision for Deferred lncome Tax - State
Provision for Deferred Utility lncome Tax Credits
lnvestment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)
lncome From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating lncome (Add lines 1, 17 &18 less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
lnterest & Dividend lncome
Allowance for Funds used During Construction
Miscellaneous Non-Utility lncome
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
lncome Taxes, Non-Utility Operations
Net Non-Utility lncome (Add lines 20,22,23 & 24 less \ines27,25,26, &27l,
Gross lncome (add lines 19 & 28)
lnterest Exp. on Long-Term Debt
Other lnterest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
820,247
403
406
407
408.10
408.11
408.72
408.13
Property Taxes
Payroll Taxes
Other Taxes (list)
Franchise Fees
409.10
409.L1
410.10
410.11
47t
472
413
474
415
4L6
479
420
427
426
408.20
409-20
427.3
427.5
Name:
30
55,500
1.3,430
837,936
(17,595)
2,257
20,534
(40,480)
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended L2|3U2OL3
SUB
ACCT #
301
302
303
304
305
306
307
308
309
310
311
320
330
331
333
334
33s
335
339
340
341
342
343
344
345
345
347
348
DESCRIPTION
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
1
2
3
4
5
6
7
8
9
10
11
72
13
t4
15
15
17
18
L9
20
2L
22
23
24
25
26
27
28
29
Organization
Franchises and Consents
Land & Land Rights
Structures and lmprovements
13,857
143,194
15,200
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
116,996
L9,279
20,236
249,323
Distribution Reservoirs & Standpipr 48,015
Trans. & Distrib. Mains & Accessori
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment
Communications Equipment
Miscellaneous Equipment
Other Tangible Property
TOTAL PLANT IN SERVICE
967,LsL
t7.396
37,464
14,386
2,947,435
(Add lines 1- 28)Enter beginning & end of year totals on Pg 7, Line 1
L3,857
L43,L94
15,200
79,279
20,236
249,323
48,015
967,LsL
278,547
200
t7.396
37,464
L4,386
2,297
Name:
SUB
ACCT #DESCRIPTION
Depreciation
Rate
o/o
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
(Decrease)
Eagle Water
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
ForYear Ended t2l3L/20L3
1
2
3
4
5
6
7
8
9
10
11
12
13
L4
15
15
L7
18
19
20
2t
22
23
24
25
26
304
30s
306
307
308
309
310
311
320
330
331
333
334
335
335
339
340
34L
342
343
344
345
346
347
348
Structures and lmprovements
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment _
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipel
Trans. & Distrib. Mains & Accessories
Services
Meters and Meter lnstallations
Hydrants
Backflow Prevention Devices
Other Plant & Misc. Equipment _
Office Furniture and Equipment
Transportation Equipment
Stores Equipment
Tools, Shop and Garage Equipment
Laboratory Equipment
Power Operated Equipment _
Communications Equipment
Miscellaneous Equipment
Other Tangible Property _
TOTALS (Add Lines 1- 2s)
9,803 9,803
230,555 246,822 76,L57
5,373 6,237 864
20,794 2L,352 558
L43,837 L44.39L 554
48,015 48.015
249,OL2 273,590 24,578
69,830 8L,379 LL,549
L,L49 1,L49
L5,708 15,833 L25
33,559 33,941 382
L7,256 20,L26 2,870
L7,938 35,110 L7,L72
862,939 937,748 74,809
Enter beginning & end of year totals on Pg7, Line 7
Name:
ACCT #
101
702
103
105
174
108.1
108.2
108.3
110.1
LLO.2
L15
723
tzs
131
135
L47
t42
L45
151
L62
L73
L43
181
183
184
186
Eaqle Water
BALANCE SHEET
For Year Ended L2/3U2OL3
ASSETS
DESCRIPTION
Utility Plant in Service (From Pg 5, Line 29)
Utility Plant Leased to Others
Plant Held for Future Use
Construction Work in Progress
Utility Plant Aquisition Adjustment
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 - L2l
I nvestment in Subsidiaries
Other lnvestments
Total lnvestments (Add lines 14 & 15)
Cash
Short Term lnvestments
Accts/Notes Receivable - Customers
Other Receivables
Receivables from Associated Companies
Materials & Supplies lnventory
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
Other Deferred Charges
2,947,435
2,947,435
862,939
2,094,496 2,OOg,6g7
74,809
74,809
2,332,056 266,86t
Balance
Beginning
of Year
Balance
End of
Year
lncrease
or
(Decrease)
7
2
3
4
5
5
7
8
9
10
1,1,
L2
13
t4
15
16
77
18
19
20
27
22
23
24
25
26
27
28
29
30
31 Total Assets (Add lines 13, 16 & 26 - 30)2,214,873
2,947,435
Name:
20L-3
204-6
207-13
274
275
276
218
227-2
223
224
231
232
233
235
235.11
236.L2
236.2
237-40
24L
257
252
253
255.1
255.2
261-5
27L
272
28L-3
Eaqle Water
BALANCE SHEET
For Year Ended L2/3712Ot3
1
2
3
4
5
5
7
8
9
10
1,7
T2
13
74
15
16
L7
18
19
20
2t
22
23
24
25
26
27
28
29
30
31
LIABILITIES & CAPITAL
ACCT #DESCRIPTION
Common Stock
Preferred Stock
Miscellaneous Capital Accounts
Appropriated Retained Earnings
Unappropriated Retained Earnings
Reacquired Capital Stock
Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 5)
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 lncome Taxes Payable
Accrued Taxes - Non-Utility
Accrued Debt, lnterest & Dividends Payable
Misc. Current & Accrued Liabilities
U namortized Debt Premium
Adva nces for Construction
Other Deferred Liabilities
Accumulated lnvestment Tax Credits - Utility
Accum. lnvestment Tax Credits - Non-Utility
Operating Reserves
Contributions in Aid of Construction
Accum. Amort. of Contrib. in Aid of Const. **
Accumulated Deferred lncome Taxes
Total Liabilities (Add lines 9 - 29
TOTAL LIAB & CAPITAL ( Add lines 8 & 30)
*" Only if Gommission Approved
Balance
Beginning
of Year
20,000
63,702
(L,37O,627],
694,777
3,501,738
Balance
End of
Year
lncrease
or
(Decrease)
(40,480)
694,L77
3,659,46L (308,394)
(L,4L1,7071
L,286,925 L,327,4051
L,235,L19
Name:Eaqle Water
STATEMENT OF RETAINED EARNINGS
For Year Ended L2/3U2013
1
2
3
4
5
6
Retained Earnings Balance @ Beginning of Year
Amount Added from Current Year lncome (From Pg 4, Line 32)
Other Credits to Account
Dividends Paid or Appropriated
Other Distributions of Retained Earnings
Retained Earnings Balance @ End of Year
(L,370,6271
(40,480)
(L,47L,L07),
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.) Authorized
Common
DETAIL OF LONG.TERM DEBT
lnterest Year-end
Dividends
PaidAuthorized
Name:Eaqle Water Companv
SYSTEM ENGINEERING DATA
ForYearEnded t2/3L/20L2
Provide an updated system map if significant changes have been made to the system during the year.
Water Supply:
Pump Designation or location
Rated
Capacity
(epm)
Total
Capacity
000's
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc.
Usable
Capacity
000's
Gal.
Annual
Production
Water
Supply
Source
(Well, Spring,
Surface Wtr)
well
well
well
well
well
well
well
Type of
Reservoir Construction
(Elevated,Pres- (Wood, Steel
Concrete
#1
#2
#3
#4
#6
#7
System Storage:
or Location urized, Boosted Concrete
wlH#2
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
Name:Eaqle Water Companv
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 7213L12073
4 Pump information for ALL system pumps, including wells and boosters.
Rated Discharge Energy
Designation or Location Horse Capacity Pressure Used
5
6
7
8
9
10
7t
"* Submit pump curyes unless previously provided or unavailable.
Attach additional sheets if inadequate space is available on this page.
lf Wells are metered:
What was the total amount pumped this year?
What was the total amount pumped on the peak day? 5-Aug
lf customers are metered, what was the total amount sold in peak month?
Was your system designed to supply fire flows?
lf Yes: What is current system rating?
How many times were meters read this year?
During which months?
How many of those potential additions are vacant lots?
Are backbone plant additions anticipated during the coming year?
lf Yes, attach an explanation of projects and anticipated costs!
ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
What was the total amount pumped during peak month? August 131,758,000
840,550,000
5,983,000
L4Ls29853
3
t2
January through December
How many additional customers could be served with no system improvements
except a service line and meter? 70-80
70-80
& Tvoe of Pum Power This Year
WlH#2 Sub. Berkely 20 40c
WH #3 Sub. Berke 20 40c
W/H#4 Layne & Bowler variable 300 uo to 2.500
WH 56 Layne & Bowler variable 250 up to 2,500
WlH#2 Pacific 25 45C
w lH #2 Pacific 15 22C
WIH#2 Pacific 25 45C
W/H#7 American Marsh variable 200 up to 1,345
WH #8 US Electric Motors variable 250 up to 2,500
WH #8 US Electric Motors variable 250 up to 2,500
GERTIFIGATE
State of ldaho
Countv of ADA)
)
)ss
WE, the undersigned Robert V- Deshazo
and Healther Wilde
of the Eaole Water Comoanv
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.
Subscribed and Sworn to Before Me
NOTARY PUBLIC
Rev 3/02 Page 13
gdUexcel/jnelson/anulrpts/wtrannualrpt