2014Annual Report.pdf

EA6.W
A]Y]Y(IAL REPORT
OF
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED 2014
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ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 72I3U2IL4
COMPANY INFORMATION
Eagle Water Company, lnc.
3l14lLs74
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, addresses & descriptions. Explain any servaces
provided to the utility.
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
12 Contact lnformation
President (Owner)
Vice President
Secretary
GeneralManager
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? NO
lf 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
City
State
zip
188 W. State Street, Suite 4
Eaele
Phone No.
ldaho
8361 6
NAME:Eaole Water Comoanv
COMPANY INFORMATION (Cont.)
For the Year Ended l2l3U20L4
15 ls the system operated or maintained under a
service contract?
r0 lf yes: 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? No
fA ll 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? No
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
22 Number of Customers involuntarily disconnected
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 3t.27.O1,7Ot?
Attach a copy of the Summary
24 Did significant additions or retirements from the
Plant Accounts occur during the year? No
lf yes, attach full explanation
and an updated system map
No
Gallons/CCF SAmount
I
No
23
Jul-14
NAME:
ACCT #
Eaole Water Comoanv
REVENUE & EXPENSE DETAIL
Forthe Year Ended t2l3tl20L4
DESCRIPTION
7
2
3
4
5
6
7
8
9
10
LL
72
13
74
15
16
77
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
32
33
660
565
667
670
675
4OO REVENUES
Unmetered 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
***Commission Approved Surcharges Collected
401 OPERATING EXPENSES
601.L-5 Labor - Operation & Maintenance
Labor - Customer Accounts
Labor - Administrative & General
Salaries, Officers & Directors
Employee Pensions & Benefits
Purchased Water
807,746
Booked to Acct #
Booked to Acct #
20,605 Booked to Acct # 131.1
53,794
103,928
460
46t.1
467.2
462
464
465
466
400
601.7
601.8
503
604
610
532,972
233,100
4L,674
42,660
51,400
37,357
515-15 Purchased Power & Fuel for Power 763,570
518 Chemicals
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services - Water Testing
81,610
47,572
535 Contract Services - Other
641-42 Rentals - Property & Equipment
650 Transportation Expense 16,266
656-59 lnsurance 30,277
Advertising
Rate Case Expense (Amortization)
Regulatory Comm. Exp. (Other except taxes)
Bad Debt Expense
Miscellaneous 45,779
Total Operating Expenses (Add lines 12 - 32, also enter on Pg
Name:
50
679,976
INCOME STATEMENT
For Year Ended L2l3tl20t4
ACCT #DESCRIPTION
7
2
Revenue (From Page 3, line 8)
Operating Expenses (From Page 3, line 33)
3 403 Depreciation Expense
4 406 Amortization, Utility Plant Aquisition Adj,
5 407 Amortization Exp, - Other
6 408.10 Regulatory Fees (PUC)
7 408.L1 Property Taxes
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list) DEQ Fees
98 ACHD
807,746
679,976
67,098
L2,453
21,375
31,570
150
9C
9D
Franchise Fee 8,622
10 409.10 Federal lncome Taxes
tL 409.11 State lncome Taxes
t2 410.10 Provision for Deferred lncome Tax - Federal
13 410.11 Provision for Deferred lncome Tax - State
L4 4Ll Provision for Deferred Utility Income Tax Credits
15 4!2 lnvestment Tax Credits - Utility
16
t7 4t3 lncome From Utility Plant Leased to Others
18 4t4 Gains (Losses) From Disposition of Utility Plant
Net Operating lncome (Add lines 7,17 &lS less line 16)
20 415 Revenues, Merchandizing Jobbing and Contract Work
2L 416 Expenses, Merchandizing, Jobbing & Contracts
22 419 lnterest & Dividend lncome
23 420 Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility lncome
25 426 Miscellaneous Non-Utility Expense
26 408.20 Other Taxes, Non-Utility Operations
27 409-20 lncome Taxes, Non-Utility Operations
Net Non-Utility lncome (Add lines 20,22,23 & 24 less lines 27,25,26, & 27)
29 Gross lncome (add lines 19 & 28)
30 427.3 lnterest Exp. on Long-Term Debt
31 427.5 Other lnterest Charges
32 NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
Name:
30
Total Expenses from operations before interest (add lines 2-15) 82L,273
19 (73,527',|
28
3,084
(16,511)
ACCOUNT 101 PLANT IN SERVICE DETAIL
ForYearEnded tZl3L/20L4
SUB
ACCT #DESCRIPTION
Balance
Beginning
of Year
Organization
Franchises and Consents
Land & Land Rights
Structures and lmprovements
13,857
Collecting & lmpounding Reservoirs
Lake, River & Other lntakes
Wells
lnfiltration Galleries & Tunnels
Supply Mains
Power Generation Equipment
Power Pumping Equipment
Purification Systems
116,896
19,279
20,236
249,323
Distribution Reservoirs & Standpipr 015
Trans. & Distrib. Mains & Accessori,967,15t
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
278,547
Added
During
Year
Removed
During
Year
Balance
End of
Year
t
2
3
4
5
6
7
8
9
10
7t
t2
13
L4
15
16
77
18
19
20
2t
22
23
24
25
26
27
28
29
301
302
303
304
305
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
341
342
343
344
345
346
347
348
794
200
13,857
794
200
!,724,755
L9,279
20,236
249,713
015
967,L51
278,547
L6,644
37,464
14,386
2,291
4.200 200
17,396
37,464
14,386
2,297
(Add lines t-28)Enter beginning & end of year totals on Pg 7, Line 1
Name:Eagle Water
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended L2l3tl20L4
SUB
Depreciation Balance Balance lncrease
Rate Beginning End of or
t
2
3
4
5
6
7
8
9
10
11
t2
13
t4
15
16
tl
18
19
20
2L
22
23
24
25
26
ACCT # DESCRIPTION % of Year Year
304
30s
306
307
308
309
310
311
320
330
331
333
334
335
336
339
340
341,
342
343
344
345
346
347
348
Structures and lmprovements
Collecting & I mpounding Reservoirs-
Lake, River & Other Intakes :
Wells
lnfiltration Galleries & Tunnels
Supply Mains -Power Generation Equipment
Power Pumping Equipment
Purification Systems
Distribution Reservoirs & Standpipes
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- 25)
9,803 9,803
246,822 255,268 8
6,237 7,lot 864
2L,352 21,9t0 558
t44,39t L44,945 554
48,015 48,015
273,590 298,L68 24,578
81,379 92,928 11,549
1,749 L.749
15,833 15,959 725
33,941 34,323 382
20,126 22,996 2,870
35.110 52,282 L7,772
937,748 7,A44,846 67,498
Enter beginning & end of year totals on Pg7 , Line 7
Name:
ACCT #
101
702
103
105
t74
108.1
108.2
108.3
110.1
7t0.2
115
723
725
131
135
L47
L42
t45
151
162
L73
t43
181
183
184
186
Eaole Waler
1
2
3
4
5
5
7
8
9
10
11
72
13
74
15
76
17
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
BALANCE SHEET
For Year Ended tZlSt/2OL4
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 25)
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 - 72l,
lnvestment 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 U ncollectable Accounts
Total Current (Add lines 17 -24 less line 25)
Unamortized Debt Discount & Expense
Preliminary Survey & lnvestigation Charges
Deferred Rate Case Expenses
Other Deferred Cha rges/ASSETS
Total Assets (Add lines 13, 16 & 26 - 30)
Balance
Beginning
of Year
2,947,435
2,947,435
937,749
Balance
End of
Year
lncrease
or
(Decrease)
7,527,654
3,953,710 3,773,037 (80,579)
Name:
201-3
204-6
207-L3
2L4
2L5
2t6
278
221-2
223
224
231
232
233
23s
236.Lt
236.L2
236.2
237-40
241
251
252
253
255.1
255.2
251-5
271
272
281-3
Eaole Water
BALANCE SHEET
ForYear Ended t2l3t/2014
LIABILITIES & CAPITAL
ACCI #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
Unamortized Debt Premium
Advances 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 I & 30)
** Only if Commission Approved
Balance
Beginning
of Year
20,000
63,7A2
Balance
End of
Year
lncrease
or
L
2
3
4
5
6
7
8
9
10
11
72
13
t4
15
16
77
18
19
20
2L
22
23
24
25
26
27
28
29
30
31
Name:Eaole Water
STATEMENT OF RETAINED EARNINGS
For Year Ended L2l3Ll2O74
t
2
3
4
5
5
Retained Earnings Balance @ Beginning of Year
Amount Added from Current Year lncome (From Pg 4, Line 32)
Other Credits to Account (To Balance)
Dividends Paid or Appropriated
Other Distributions of Retained Earnings
Retained Earnings Balance @ End ofYear
Description
lnterest
Rate
Surcharee Loan
(1,051,152)
378,701
(732,4671
No. Shares Dividends
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.) Authorized
Common
DETAIL OF LONG.TERM DEBT
Year-end
Balance
Name:Eaole Water Companv
SYSTEM ENGINEERING DATA
For Year Ended t2l3t/2}t4
Provide an updated system map if significant changes have been made to the system during the year.
Water Supply:
Rated
Capacity
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc,)
Annual
Production
Water
Supply
Source
(Well, Spring,
Pump or location (000's Gal.) Surface Wtr)
well
well
System Storage:
Type of
Reservoir Construction
(Elevated,Pres- (Wood,Steel
or Location urized, Boosted) Concrete
wlH#2
#t
#8
Total
Capacity
000's
Gal.
Usable
Capacity
000's
Gal.
(Duplicate form and attach if necessary. Asterisk facilities added this year.)
Name:Eaole Water Companv
SYSTEM ENGINEERING DATA
(continued)
For Year Ended L2l3Ll2Ot4
Pump information for ALL system purnps, including wells and boosters.
Designation or Location Horse
Rated
Capacity
Discharge
Pressure
Energy
Used
870,610
161,408
5,570
16140800
yes
3
5
7
** Submit pump curves 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 during peak month? July
What was the total amount pumped on the peak day? 17{ul
lf customers are metered, what was the total amount sold in peak month?
Was your system designed to supply fire flows?
It Yes: What is current system rating?
How many times were meters read this year?
During which months?January through December
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?
Are backbone plant additions anticipated during the coming year?
lf Yes, attach an explanation of projects and anticapated costs!
ln what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?
t2
70-80
10
& Type of Pump Power This Year
WIH #2 Sub, Be 20 400
W/H #3 Sub. Be 20 400
W/H S4 Layne & Bowler variable 300 up to 2,500
WH 56 Layne & Bowler variable 250 uP to 2,500
WIH #2 Pacific 25 450
WIH #2 Pacific 15 220
WlH #2 Pacific 25 450
WIH #7 American Marsh uariable 200 .rp to 1,345
WH #8 US Electric Motors uariable 250 .rp to 2,500
WH #8 US Electric Motors variable 250 up to 2,500
11
Name:Eaole Water Companv
SYSTEM ENGINEERING DATA
(continued)
ForYearEnded t2/3112074
FEET OF MAINS
ln Use
Beginning
Of Year
lnstalled
During
Year
Abandoned
During
Year
ln Use
End of
Year
CUSTOMER STATISTICS
2
2A
28
2C
3
3A
3B
3C
4
5
5
7
8
Metered:
Residential
Commercial
lndustrial
Flat Rate:
Residential
Commercial
lndustrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal, Other
Other Water Utilities
282,706,258
TOTALS (Add lines 2 through 8)3537 85684s807 792540173
GERTIFIGATE
State of ldaho
WE, the undersigned
and
of the
utility, on our6ath 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
trris 7D a ayor AW'J , 0Ol5
My Commission Expires
iorrRr
(Officer in Charge of Accounts)
NOTARY PUBLIC
Rev 3/02 Page 13
gdUexcel/jnelson/anulrptyMrannualrpt