1999Annual Report.pdf

ANNUAL REPORT
OF
NAME
405 i fu ST.Itmo %µ,it>04-4641ADDRESS
TO THE
IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDED DECEMBER 31,M
ANNUAL REPORTFOR WATER UTILITIESTO
THE IDAHO PUBLIC UTILITIESCOMMISSION
FOR THE YEAR ENDING December31,1999
COMPANY INFORMATION
1 Give full name of utility FALLS WATER CO,INC
2 Date of Organization January 9,1959
3 Organizedunder the laws of the state of IDAHO
4 Address of Principal Office (number &street)405 11th Street
5 P.O.Box (if applicable)
6 City IDAHO FALLS
7 State ID
8 Zip Code 83404-4899
9 Organization (proprietor,partnership,corp.)NOT FOR PROFITCORPORATION
10 Towns,Counties served BONNEVILLE COUNTYEAST OR IDAHO FALLS
AND NORTH OF AMMON
11 Are there any affiliated companies?NO
If yes,attach a list with names,addresses &descriptions.Explain any services
provided to the utility.
12 Contact Information Name Phone No
President (Owner)KELLY D.HOWELL 523.-1300
Vice President
Secretary DEAN L.HOWELL 522-1300
General Manager L SC OT TBRU Π521-1300
Complaints or Billing KE-L-k¥-O-HOWEEL SCOTT BR Lt CE 522-1300
Engineering DAVID BENTON 522-8033
Emergency Service TONY WISE 523.-1300
Accounting
13 Were any water systems acquired during the year or any additions/deletionsmade
to the service area during the year?NO
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 405 11TH ST.
City IDAHO FALLS
State ID
Zip 83404-4899
Rev7/99 Page 1
NAME:FALLS WATER COMPANY,INC
COMPANY INFORMATION(Cont.)
For the Year Ended 12/31/1999
15 Is the system operated or maintained under a
service contract?YES
16 If yes:With whom is the contract?HOWELL &HOWELL,INC
When does the contract expire?
What services and rates are included?ALL LABOR,BOTH OFFICE AND FIELD
17 Is water purchasedfor resale through the system?NO
18 If yes:Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
Gallons/CCF $Amount
Water Purchased
19 Has any system(s)been disapprovedby the
Idaho Division of Environmental Quality?NO
If yes,attach full explanation
20 Has the Idaho Division of EnvironmentalQuality
recommendedany improvements?NO
If yes,attach full explanation
21 Number of Complaintsreceived during year concerning:
Quality of Service NONE
High Bills NONE
Disconnection NONE
22 Number of Customersinvoluntarily disconnected NONE
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701?ev-96
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
Rev7/99 Page 2
NAME:FALLS WATER CO,INC
REVENUE &EXPENSE DETAIL
For the Year Ended 12/31/99
ACCT #DESCRIPTION
400 REVENUES
1 460 UnmeteredWater Revenue 68,163.48
2 461.1 Metered Sales -Residential 177,580.75
3 461.2 Metered Sales -Commercial,Industrial 3,021.00
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue 7,140.00
6 465 IrrigationSales Revenue
7 466 Sales for Resale
8 400 Total Revenue (Add Lines 1 -7)255,905.23
(also enter result on Page 4,line 1)
9 *DEQ Fees Billed separately to customers Booked to Acct #
10 **Hookup or Connection Fees Collected 33,350.00 Booked to Acct #(421)469
11 ***Commission Approved Surcharges Collected Booked to Acct #
401 OPERATING EXPENSES
12 601.1-6 Labor -Operation&Maintenance 32,081.79
13 601.7 Labor-CustomerAccounts
14 601.8 Labor -Administrative &General 63,600.00
15 603 Salaries,Officers &Directors
16 604 Employee Pensions &Benefits
17 610 Purchased Water
18 615-16 Purchased Power &Fuel for Power 52,651.90
19 618 Chemicals
20 620.1-6 Materials &Supplies -Operation &Maint.19,311.77
21 620.7-8 Materials &Supplies -Administrative &General .23,769.28
22 631-34 Contract Services -Professional 7,680.00
23 635 Contract Services -Water Testing 7,490.00
24 636 Contract Services -Other 39,241.22
25 641-42 Rentals -Property &Equipment
26 650 TransportationExpense 1,887.09
27 656-59 insurance
28 660 Advertising 320.00
29 666 Rate Case Expense (Amortization)
30 667 RegulatoryComm.Exp.(Otherexcept taxes)
31 670 Bad Debt Expense 1,473.85
32 675 Miscellaneous 9,108.08
33 Total Operating Expenses (Add lines 12 -32,also enter on Pg 4,line 2)258,614.98
Rev7/99 Page 3
Name:FALLS WATER CO,INC
INCOMESTATEMENT
For Year Ended 12/31/99
ACCT #DESCRIPTION
1 Revenue (From Page 3,line 8)255,905.23
2 OperatingExpenses (From Page 3,line 33)258,614.98
3 403 DepreciationExpense 15,404.18
4 406 Amortization,Utility Plant Aquisition Adj.
5 407 Amortization Exp.-Other
6 408.10 Regulatory Fees (PUC)661.06
7 408.11 Property Taxes 2,954.10
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list)DEQ Fees
9B OTHER 32.00
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State income Taxes 30.00
12 410.10 Provision for Deferred Income Tax -Federal
13 410.11 Provisionfor Deferred income Tax -State
14 411 Provisionfor Deferred Utility income Tax Credits
15 412 Investment Tax Credits -Utility
16 Total Expenses from operationsbefore interest (add lines 2-15)277,696.32
17 413 Income From Utility Plant Leased to Others
18 414 Gains (Losses)From Disposition of Utility Plant
19 Net Operating Income (Add lines 1,17 &18 less line 16)(21,791.09)
20 415 Revenues,MerchandizingJobbing and Contract Work
21 416 Expenses,Merchandizing,Jobbing &Contracts
22 419 Interest &Dividend Income
23 420 Allowance for Funds used During Construction
24 421 Miscellaneous Non-Utility Income HOOKUP FEES 33,350.00 *
25 426 MiscellaneousNon-UtilityExpense 279.84
26 408.20 Other Taxes,Non-Utility Operations
27 409-20 Income Taxes,Non-Utility Operations
28 Net Non-Utility income (Add lines 20,22,23 &24 less lines 21,25,26,&27)33,070.16
29 Gross Income (add lines 19 &28)11,279.07
30 427.3 interest Exp.on Long-TermDebt
31 427.5 Other Interest Charges
32 NET INCOME (Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)11,279.07
Rev7/99 Page 4
Name:FALLS WATER CO,INC
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 12/31/99
Balance Added Removed Balance
SUB Beginning During During End ofACCT#DESCRIPTION of Year Year Year Year
1 301 Organization
2 302 Franchises and Consents
3 303 Land &Land Rights 3,328.58 3,328.58
4 304 Structures and Improvements
5 305 Collecting &ImpoundingReservoirs
6 306 Lake,River &Other intakes
7 307 Wells 52,805.40 52,805.40
8 308 InfiltrationGalleries &Tunnels
9 309 Supply Mains
10 310 Power Generation Equipment 16,693.04 16,693.04
11 311 Power Pumping Equipment 121,948.05 121,948.05
12 320 PurificationSystems 15,865.23 15,865.23
13 330 Distribution Reservoirs &Standpipes 494.35 494.35
14 331 Trans.&Distrib.Mains &Accessories 91,770.14 91,770.14
15 333 Services
|16 334 Meters and Meter Installations 74,061.78 13,926.05 87,987.83
17 335 Hydrants
18 336 Backflow Prevention Devices
19 339 Other Plant &Misc.Equipment
20 340 Office Furniture and Equipment 5,344.34 5,344.37
i21341TransportationEquipment13,261.28 13,261.28
22 342 Stores Equipment
23 343 Tools,Shop and Garage Equipment 9,582.50 9,582.50
24 344 LaboratoryEquipment
25 345 Power Operated Equipment
26 346 CommunicationsEquipment
27 347 Miscellaneous Equipment
28 348 Other Tangible Property
29 TOTAL PLANT IN SERVICE 405,154.69 13,926.05 -419,080.77
(Add lines 1 -28)Enter beginning&end of year totals on Pg 7,Line 1
Rev7/99 Page 5
Name:FALLS WATER CO,INC
ACCUMULATED DEPRECIATIONACCOUNT 108.1 DETAIL
For Year Ended 12/31/99
Depreciation Balance Balance increaseSUBRateBeginningEndoforACCT#DESCRIPTION %of Year Year (Decrease)
1 304 Structures and Improvements
2 305 Collecting&Impounding Reservoirs 494.00 494.00 -
3 306 Lake,River &Other Intakes
4 307 Wells 18,039.00 19,442.00 1,403.00
5 308 infiltration Galleries&Tunnels 53,155.00 54,835.00 1,680.00
6 309 Supply Mains
7 310 Power Generation Equipment 940.00 1,774.00 834.00
8 311 Power Pumping Equipment 80,492.00 85,906.00 5,414.00
9 320 PurificationSystems 15,865.00 15,865.00 -
10 330 Distribution Reservoirs&Standpipes
11 331 Trans.&Distrib.Mains &Accessories -
12 333 Services
13 334 Meters and Meter Installations 45,727.00 50,654.00 4,927.00
14 335 Hydrants
15 336 Backflow Prevention Devices -
16 339 Other Plant &Misc.Equipment
17 340 Office Furniture and Equipment 5,286.00 5,286.00
18 341 Transportation Equipment 12,960.00 12,960.00
19 342 Stores Equipment
20 343 Tools,Shop and Garage Equipment 8,113.00 9,257.00 1,144.00
21 344 Laboratory Equipment
22 345 PowerOperated Equipment
23 346 Communications Equipment
24 347 Miscellaneous Equipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 -25)241,071.00 256,473.00 15,402.00
Enter beginning&end of year totals on Pg 7,Line 7
Rev7/99 Page 6
Name:FALLS WATER CO,INC.
BALANCE SHEET
For Year Ended 12/31/99
ASSETS Balance Balance increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service (From Pg 5,Line 29)405,155.00 419,081.00 13,926.00
2 102 Utility Plant Leased to Others -
3 103 Plant Held for Future Use
4 105 Construction Work in Progress -
5 114 Utility Plant Aquisition Adjustment -
6 Subtotal (Add Lines 1 -5)405,155.00 419,081.00 13,926.00
7 108.1 Accumulated Depreciation(From Pg 6,Line 26)241,071.00 256,473.00 15,402.00
8 108.2 Accum.Depr.-Utility Plant Lease to Others
9 108.3 Accum.Depr.-Property Held for Future Use -
10 110.1 Accum.Amort.-Utility Plant in Service
11 110.2 Accum.Amort.-Utility Plant Lease to Others
12 115 Accumulated Amortization -Aquisition Adj.
13 Net Utility Plant (Line 6 less lines 7 -12)164,084.00 162,608.00 (1,476.00)
14 123 investment in Subsidiaries
15 125 Other investments
16 Total Investments(Add lines 14 &15)
17 131 Cash 38,323.00 52,104.00 13,781.00
18 135 Short Term Investments -
19 141 Accts/Notes Receivable-Customers 25,564.00 23,951.00 (1,613.00)
20 142 Other Receivables
21 145 Receivablesfrom Associated Companies
22 151 Materials &Supplies inventory
23 162 Prepaid Expenses -
24 173 Unbilled(Accrued)Utility Revenue
25 143 Provision for UncollectableAccounts 1,265.00 1,474.00 209.00
26 Total Current (Add lines 17 -24 less line 25)62,622.00 74,581.00 11,959.00
27 181 UnamortizedDebt Discount &Expense
28 183 Preliminary Survey &InvestigationCharges
29 184 Deferred Rate Case Expenses
30 186 Other Deferred Charges
31 Total Assets (Add lines 13,16 &26 -30)226,706.00 237,189.00 10,483.00
Rev7/99 Page 7
Name:FALLS WATER CO,INC.
BALANCE SHEET
For Year Ended 12/31/99
LIABILITIES &CAPITAL Balance Balance Increase
Beginning End of or
ACCT #DESCRIPTION of Year Year (Decrease)
1 201-3 Common Stock 25000 25000 0
2 204-6 PreferredStock 0
3 207-13 MiscellaneousCapital Accounts 0
4 214 Appropriated Retained Earnings 0
5 215 UnappropriatedRetained Earnings 58500 69779 11279
6 216 ReacquiredCapital Stock 0
7 218 ProprietaryCapital 0
8 Total Equity Capital (Add Lines 1-5+7 less line 6)83500 94779 11279
9 221-2 Bonds 0
10 223 Advances from Associated Companies 0
11 224 Other Long -Term Debt 0
12 231 Accounts Payable 142085 142408 323
13 232 Notes Payable 0
14 233 Accounts Payable -Associated Companies 0
15 235 Customer Deposits (Refundable)0
16 236.11 Accrued Other Taxes Payable 1121 -1121
17 236.12 Accrued Income Taxes Payable 0
18 236.2 Accrued Taxes -Non-Utility 0
19 237-40 Accrued Debt,Interest &Dividends Payable 0
20 241 Misc.Current &Accrued Liabilities 0
21 251 UnamortizedDebt Premium 0
22 252 Advances for Construction 0
23 253 Other Deferred Liabilities 0
24 255.1 Accumulated investment Tax Credits -Utility 0
25 255.2 Accum.Investment Tax Credits -Non-Utility 0
26 261-5 Operating Reserves 0
27 271 Contributionsin Aid of Construction 0
28 272 Accum.Amort.of Contrib.in Aid of Const.**0
29 281-3 Accumulated Deferred Income Taxes 0
30 Total Liabilities (Add lines 9 -29 143206 142408 -798
31 TOTAL LIAB &CAPITAL (Add lines 8 &30)226706 237187 10481
**Only if Commission Approved
Rev7/99 Page 8
Name:FALLS WATER CO,INC
STATEMENTOF RETAINEDEARNINGS
For Year Ended 12/31/99
1 Retained Earnings Balance @ Beginning of Year 58,500.00
2 Amount Added from Current Year Income (From Pg 4,Line 32)11,279.07
3 Other Credits to Account
4 DividendsPaid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance @ End of Year 69,779.07
CAPITAL STOCK DETAIL
No.Shares No.Shares Dividends
7 Description (Class,Par Value etc.)Authorized Outstanding Paid
COMMON 1000 25
DETAIL OF LONG-TERMDEBT
Interest Year-end Interest interest
8 Description Rate Balance Paid Accrued
Rev7/99 Page 9
Name:
SYSTEM ENGINEERINGDATA
For Year Ended 12/31/99
1 Provide an updated system map if significant changes have been made to the system during the year.
2 Water Supply:Type of Water
Treatment:Supply
Rated (None,Chlorine Annual Source
Capacity Fluoride Production (Well,Spring,
Pump Designationor location (gpm)Filter etc.)(000's Ga[)Surface Wtr)
WELL #1 750 SAND SEP 159317 WELL
WELL #2 400 148072 WELL
WELL #3 200 SAND SEP 25675 WELL
WELL #4 1500 SAND SEP 134583 WELL
WELL #5 750 SAND SEP 115880 WELL
WELL #6 1200 211464 WELL
SARGENTWELL 30 NO METER WELL
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres-(Wood,Steel
Storage Designationor Location Gal.Gal.urized,Boosted)Concrete)
WELL 2/4 5 1.8 PRESSURIZED STEEL
(Duplicate form and attach if necessary.Asterisk facilities added this year.)
Rev7/99 Page 10
Name:FALLS WATER CO INC
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 12/31/99
4 Pump informationfor ALL system pumps,including wells and boosters.
Rated Discharge EnergyDesignationorLocationHorseCapacityPressureUsed
&Type of Pump**Power (gpm)(psi)This Year
WELL #2 TURBlNE PUMP #2 40 400 65 390040 KWH
WELL #4 TURBINEPUMP #4 150 1500 65 390040 KWH OMC
WELL #6 SUBMERSIBLEPUMP #6A 75 600 65 390040 KWH
WELL #6 SUBMERSIBLEPUMP #6B 75|600 65 390040 KWH
WELL #1 TURBINEPUMP #1 75 750 65 192093 KWH
WELL #3 SUBMERSIBLEPUMP #3 30 200 65 84607 KWH
WELL #5 TURBINE PUMP #5 75 750 65 200894 KWH
SARGENTWELL SUBMERSIBLEPUMP 10 30 60 11361 KWH
**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?865,519,688GA
What was the total amount pumped during peak month?NOT AVAILABL
What was the total amount pumped on the peak day?NOT AVAILABL
6 If customers are metered,what was the total amount sold in peak month?
7 Was your system designed to supply fire flows?YES
If Yes:What is current system rating?
8 How many times were meters read this year?,6
During which months?MAY,JUNE,JULY,AUGUST,SEPTEMBER,OCTOBER
9 How many additionalcustomers could be served with no system improvements
except a service line and meter?100
How many of those potential additions are vacant lots?80
10 Are backbone plant additions anticipated during the coming year?NO
If Yes,attach an explanation of projects and anticipated costs!
11 in what year do you anticipate that the system capacity (supply,storage or distribution)
will have to be expanded?2000
Rev7/99 Page 11
Name:FALLS WATER CO,INC
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 12/31/99
FEET OF MAINS
In Use installed Abandoned In Use
1 Pipe Beginning During During End ofSizeOfYearYearYearYear
1"820 820
1.25"150 150
2"300 1280 1580
3"1190 1190
4"4344 4344
6"38457 8499.73 46956.73
8"8583 2891.57 11474.57
10"14026 14026
CUSTOMERSTATISTICS
Number of Customers Thousandsof Gallons Sold
This Last This Last
Year Year Year Year
2 Metered:
2A Residential 1167 1044
2B Commercial 13 8
2C Industrial
3 Flat Rate:
3A Residential 696 553
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection 139 97
6 Street Sprinkling
7 Municipal,Other
8 Other Water Utilities
TOTALS (Add lines 2 through 8)2015 1702
Rev7/99 Page 12
CERTIFICATE
State of Idaho )
)ss
County of )
WE,the undersigned
and
of the
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.
(Chief Officer)
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
this day of
NOTARY PUBLIC
My Commission Expires '
gdklexcelljnelsonlanuirpts/wtrannualrpt
Rev7/99 Page 13