201907162000Annual Report.pdf

ANNUAL REPÐR -
OF
FALLS WATER COMPANY,INC.
NAME
2025 E First Street
Idaho Falls,ID 83401
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED December 31,2000
ANNUAL REPORT FOR WATER UTILITIESTO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 12/31/2000
COMPANY INFORMATION
1 Give full name of utility Falls Water Company,Inc.
2 Date of Organization 9-Jan-59
3 Organized under the laws of the state of Idaho
4 Address of Principal Office (number&street)2025 E First Street
5 P.O.Box (if applicable)
6 City Idaho Falls
7 State Idaho
8 Zip Code 83401
9 Organization(proprietor,partnership,corp.)Not-for-profitcorporation
10 Towns,Counties served Bonneville County
11 Are there any affiliated companies?
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 522-1300
Vice President
Secretary Dean L.Howell 522-1300
General Manager K.Scott Bruce 522-1300
Complaints or Billing K.Scott Bruce 522-1300
Engineering Tony Wise 522-1300
EmergencyService Tony Wise 522-1300
Accounting Kelly D.Howell 522-1300
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 servicesprovidedtotheutility.
14 Where are the Company's books and records kept?
Street Address 405 11th Street
City Idaho Falls
State Idaho
Zip 83401
Rev7/99 Page 1
NAME:Falls Water Cornpany,Inc.
COMPANY INFORMATION (Cont.)
For the Year Ended 12/31/2000
15 Is the system operated or maintainedundera
service contract?Yes
16 If yes:With whom is the contract?Howell &Howell,Inc.
When does the contract expire?Month-to-month
What services and rates are included?All Labor,both field and office
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 disapproved by the
Idaho Division of EnvironmentalQuality?No
If yes,attach full explanation
20 Has the Idaho Division of EnvironmentalQuality
recommended any improvements?No
If yes,attach full explanation
21 Numberof Complaints received during year concerning:
Quality of Service No Record
High Bills No Record
Disconnection No Record
22 Numberof Customers involuntarilydisconnected No Record
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701?Jun-00
Attach a copy of the Summary
24 Did significant additions or retirementsfrom the
Plant Accounts occur during the year?No
If yes,attach full explanation
and an updated system map
Rev7/99 Page 2
NAME:Falls Water Company.Inc.
REVENUE &EXPENSEDETAIL
For the Year Ended 12/31/2000
ACCT #DESCRIPTION
400 REVENUES
1 460 UnmeteredWater Revenue 87270
2 461.1 Metered Sales -Residential 198794.33
3 461.2 Metered Sales -Commercial,Industrial 3673
4 462 Fire Protection Revenue
5 464 OtherWater Sales Revenue
6 465 IrrigationSales Revenue
7 466 Sales for Resale
8 400 Total Revenue(Add Lines 1 -7)289737.33
(also enter result on Page 4,line 1)
9 *DEQ Fees Billed separatelyto customers Booked to Acct #
10 **Hookup or Connection Fees Collected 24179.78 Booked to Acct n (421)469
11 ***Commission ApprovedSurchargesCollected Booked to Acct #
401 OPERATING EXPENSES
12 601.1-6 Labor -Operation&Maintenance 27513.71
13 601.7 Labor -CustomerAccounts 4800
14 601.8 Labor -Administrative&General 83410.4
15 603 Salaries,Officers &Directors
16 604 Employee Pensions &Benefits
17 610 Purchased Water
18 615-16 Purchased Power &Fuel for Power 58852.7
19 618 Chemicals
20 620.1-6 Materials &Supplies -Operation &Maint.29798.11
21 620.7-8 Materials &Supplies -Administrative &General 34646.22
22 631-34 Contract Services -Professional 7044.44
23 635 Contract Services -Water Testing 4359.41
24 636 Contract Services -Other 50555.97
25 641-42 Rentals -Property &Equipment 1200
26 650 TransportationExpense 2535.07
27 656-59 Insurance
28 660 Advertising 832.4
29 666 Rate Case Expense (Amortization)
30 667 Regulatory Comm.Exp.(Other except taxes)
31 670 Bad Debt Expense 1715.02
32 675 Miscellaneous 1152
33 Total Operating Expenses (Add lines 12 -32,also enter on Pg 4,line 2)308415.45
Rev7/99 Page 3
Name:Falls Water Company,Inc.
INCOMESTATEMENT
For Year Ended 12/31/2000ACCT#DESCRIPTION
1 Revenue (From Page 3,line 8)289737.33
2 OperatingExpenses (From Page 3,line 33)308415.45
3 403 DepreciationExpense 15494.37
4 406 Amortization,Utility Plant AquisitionAdj.
5 407 Amortization Exp.-Other
6 408.10 Regulatory Fees (PUC)809.91
7 408.11 Property Taxes 2793.48
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list)DEQ Fees 8335
9B
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes 30
12 410.10 Provisionfor Deferred Income Tax -Federal
13 410.11 Provisionfor Deferred Income Tax -State
14 411 Provision for Deferred Utility IncomeTax Credits
15 412 InvestmentTax Credits -Utility
16 Total Expenses from operations before interest (add lines 2-15)335878.21
17 413 Income From Utility Plant Leased to Others
18 414 Gains (Losses)From Dispositionof Utility Plant
19 Net Operating Income (Add lines 1,17 &18 less line 16)-46140.88
20 415 Revenues,MerchandizingJobbing and ContractWork
21 416 Expenses,Merchandizing,Jobbing &Contracts
22 419 Interest &DividendIncome
23 420 Allowance for Funds used During Construction
24 421 MiscellaneousNon-Utility Income HOOKUP FEES 27605.44
25 426 MiscellaneousNon-Utility Expense
26 408.20 Other Taxes,Non-UtilityOperations
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)27605.44
29 Gross Income (add lines 19 &28)-18535.44
30 427.3 Interest Exp.on Long-Term Debt 7.02
31 427.5 Other InterestCharges 1341.43
32 NET INCOME (Line 29 less lines 30 &31)(Also Enter on Pg 9,Line 2)-19883.89
Rev7/99 Page 4
Name:Falls Water Company,Inc.
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 12/31/2000
Balance Added Removed Balance
SUB Beginning During During End ofACCT#DESCRIPTION of Year Year Year Year
I
1 301 Organization
2 302 Franchises and Consents
3 303 Land &Land Rights 3328.58 3328.58
4 304 Structures and Improvements
5 305 Collecting &Impounding Reservoirs
6 306 Lake,River &Other Intakes
7 307 Wells 52805.4 52805.4
8 308 InfiltrationGalleries &Tunnels
9 309 Supply Mains
10 310 Power Generation Equipment 16693.04 16693.04
11 311 PowerPumping Equipment 121948.05 21328.41 143276.46
12 320 PurificationSystems 15865.23 15865.23
13 330 Distribution Reservoirs &Standpipes 494.35 494.35
14 331 Trans.&Distrib.Mains &Accessories 91770.14 91770.14
15 333 Services
16 334 Meters and Meter Installations 87987.83 8613.31 96601.14
17 335 Hydrants
18 336 Backflow PreventionDevices
19 339 Other Plant &Misc.Equipment
20 340 Office Furnitureand Equipment 5344.37 5344.37
21 341 Transportation Equipment 13261.28 13261.28
22 342 Stores Equipment
23 343 Tools,Shop and Garage Equipment 9582.5 9582.5
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 419080.77 29941.72 449022.49
(Add lines 1 -28)Enter beginning&end of year totals on Pg 7,Line 1
Rev7/99 Page 5
Name:Falls Water Company,Inc.
ACCUMULATED DEPRECIATIONACCOUNT 108.1 DETAIL
For Year Ended 12/31/2000
Depreciation Balance Balance Increase
SUB Rate Beginning End of orACCT#DESCRIPTION %of Year Year (Decrease)
1 304 Structures and Improvements
2 305 Collecting &Impounding Reservoirs
3 306 Lake,River &Other Intakes
4 307 Wells 19442 20846 1403
5 308 Infiltration Galleries &Tunnels
6 309 Supply Mains 1680
7 310 Power Generation Equipment 1774 2608 835
8 311 Power Pumping Equipment 85906 91172 5266
9 320 Purification Systems 15865 15865
10 330 Distribution Reservoirs &Standpipes 494 494
11 331 Trans.&Distrib.Mains &Accessories 54835 56515
12 333 Services
13 334 Meters and Meter Installations 50654 56639 5985
14 335 Hydrants
15 336 Backflow PreventionDevices
16 339 Other Plant &Misc.Equipment
17 340 Office Furnitureand Equipment 5287 5287
18 341 Transportation Equipment 12960 12960
19 342 Stores Equipment
20 343 Tools,Shop and Garage Equipment 9257 9583 326
21 344 Laboratory Equipment
22 345 Power Operated Equipment
23 346 Communications Equipment
24 347 MiscellaneousEquipment
25 348 Other Tangible Property
26 TOTALS (Add Lines 1 -25)256474 271969 15495
Enter beginning&end of year totals on Pg 7,Line 7
Rev7/99 Page 6
Name:Falls Water Company,Inc.
BALANCE SHEET
For Year Ended 12/31/2000
ASSETS Balance Balance Increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 101 Utility Plant in Service (From Pg 5,Line 29)419081 449022 29941
2 102 Utility Plant Leased to Others 0
3 103 Plant Held for Future Use 0
4 105 Construction Work in Progress O
5 114 Utility Plant Aquisition Adjustment 0
6 Subtotal (Add Lines 1 -5)419081 449022 29941
7 108.1 Accumulated Depreciation(From Pg 6,Line 26)256474 271969 15495
8 108.2 Accum.Depr.-Utility Plant Lease to Others 0
9 108.3 Accum.Depr.-Property Held for Future Use 0
10 110.1 Accum.Amort.-Utility Plant in Service 0
11 110.2 Accum.Amort.-Utility Plant Lease to Others 0
12 115 Accumulated Amortization-Aquisition Adj.0
13 Net Utility Plant (Line 6 less lines 7 -12)162607 177053 14446
14 123 Investment in Subsidiaries 0
15 125 Other Investments 0
16 Total Investments (Add lines 14 &15)0
17 131 Cash 52104 11925 -40179
18 135 Short Term Investments 0
19 141 Accts/Notes Receivable-Customers 23951 21843 -2108
20 142 Other Receivables 0
21 145 Receivables from Associated Companies 0
22 151 Materials &Supplies Inventory 0
23 162 Prepaid Expenses 0
24 173 Unbilled (Accrued)Utility Revenue 0
25 143 Provision for UncollectableAccounts 1474 1641 167
26 Total Current (Add lines 17 -24 less line 25)74581 32127 -42454
27 181 Unamortized Debt Discount &Expense 0
28 183 Preliminary Survey &InvestigationCharges 0
29 184 Deferred Rate Case Expenses 0
30 186 Other Deferred Charges 0
31 Total Assets (Add lines 13,16 &26 -30)237189 209180 -28009
Rev7/99 Page 7
Name:Falls Water Company,Inc.
BALANCE SHEET
For Year Ended 12/31/2000
LIABILITIES &CAPITAL Balance Balance Increase
Beginning End of orACCT#DESCRIPTION of Year Year (Decrease)
1 201-3 Common Stock 25000 25000 0
2 204-6 Preferred Stock 0
3 207-13 Miscellaneous Capital Accounts 0
4 214 Appropriated RetainedEarnings 0
5 215 UnappropriatedRetainedEarnings 69771 49888 -19883
6 216 ReacquiredCapital Stock 0
7 218 Proprietary Capital 0
8 Total Equity Capital (Add Lines 1-5+7 less line 6)94771 74888 -19883
9 221-2 Bonds 0
10 223 Advances from Associated Companies 0
11 224 Other Long -Term Debt 0
12 231 Accounts Payable 142418 134292 -8126
13 232 Notes Payable 0
I14233AccountsPayable-Associated Companies 0
i15235CustomerDeposits(Refundable)0
16 236.11 Accrued Other Taxes Payable 0
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 Unamortized Debt Premium 0
22 252 Advances for Construction 0
23 253 Other Deferred Liabilities O
24 255.1 Accumulated InvestmentTax Credits -Utility 0
25 255.2 Accum.InvestmentTax Credits -Non-Utility 0
26 261-5 Operating Reserves O
27 271 Contributions in Aid of Construction 0
28 272 Accum.Amort.of Contrib.in Aid of Const.**0
29 281-3 Accumulated DeferredIncome Taxes 0
30 Total Liabilities (Add lines 9 -29 142418 134292 -8126
31 TOTAL LIAB &CAPITAL (Add lines 8 &30)237187 209180 -28007
**Only if Commission Approved
Rev7/99 Page 8
Name:Falle Water Company,Inc.
STATEMENT OF RETAINED EARNINGS
For Year Ended 12/31/2000
1 Retained EarningsBalance @ Beginning of Year 69771
2 Amount Added from CurrentYear Income (From Pg 4,Line 32)-19883.89
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributionsof Retained Earnings
6 Retained Earnings Balance @ End of Year 49888
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:Falls Water Company,Inc.
SYSTEM ENGINEERING DATA
For Year Ended 12/31/2000
1 Providean 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 Gal.)Surface Wtr)
WELL #1 750 SAND SEP 68494 WELL
WELL #2 400 108072 WELL
WELL #3 200 SAND SEP 12913 WELL
WELL #4 1500 SAND SEP 146154 WELL
WELL #5 750 SAND SEP 139456 WELL
PUMP#6 600 142621 VVELL
PUMP #7 600 38767 WELL
Sargent Well 30 WELL
WELL #8 1500 0 WELL
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
000's 000's (Elevated,Pres-(Wood,SteelStorageDesignationorLocationGal.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 Company,Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12/31/2000
4 Pump informationfor ALL system pumps,including wells and boosters.
Rated Discharge Energy
Designationor Location Horse Capacity Pressure Used
&Type of Pump**Power (gpm)(psi)This Year
Well #2 Turbine Pump #2 40 400 65
Well #4 Turbine Pump #4 150 1500 65
Well #6 Submersible Pump #6 75 600 65
Well #6 SubmersiblePump #7 75 600 65
SUBTOTAL OF ABOVE The Above Are All on One Power Meter Totalling:623690
Well #1 Turbine Pump #1 75 750 65 132978
Well #3 Submersible Pump #3 30 200 65 26337
Well #5 Turbine Pump #5 75 750 65 202169
SargentWell Submersible Pump 10 30 60 12649
*Well #8 Turbine Pump #8 150 1500 65 0**Submit pump curves unless previously provided or unavailable.Asterisk facilities added t lis 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?656477000
What was the total amount pumpedduring peak month?No Record
What was the total amount pumpedon the peak day?No Record
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?Unknown
8 How many times were meters read this year?6
Duringwhich months?May,June,July,August,September,October
9 How many additional customers could be served with no system improvements
except a service line and meter?450
How many of those potential additionsare vacant lots?
10 Are backboneplant additions anticipated during the coming year?No
If Yes,attach an explanationof projects and anticipated costs!
11 In what year do you anticipate that the system capacity (supply,storage or distribution)
will haveto be expanded?2005
Rev7/99 Page 11
Name:Falls Water Company,Inc.
SYSTEM ENGINEERINGDATA
(continued)
For Year Ended 12/31/2000
FEET OF MAINS
In Use Installed Abandoned In Use
1 Pipe Beginning During During End of
Size Of Year Year Year Year
1"970 970
2"1580 1580
3"1190 1190
4"4344 4344
6"46956.73 5965.5 52922.23
8"11474.57 312 11786.57
10"14026 428 14454
CUSTOMERSTATISTICS
Number of Customers Thousandsof Gallons Sold
This Last This Last
Year Year Year Year
2 Metered:
2A Residential 1223 1167
2B Commercial 16 13
2C Industrial
3 Flat Rate:
3A Residential 703 696
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection 139 139
6 Street Sprinkling
7 Municipal,Other
8 Other Water Utilities
TOTALS (Add lines 2 through8)2081 2015
Rev7/99 Page 12
CERTIFICATE
State of Idaho )
)ss
County of Bonneville )
WE,the undersigned Kelly D.Howell,President
and
of the Falls Water Company,Inc.
utility,on our oath do severallysay that the foregoing report has been preparedunderour direction,
from the original books,papers and records of said utility;that we have carefully examinedsame,and
declarethe 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.
(Òfficer in har e of Accounts)
Subscribed and Sworn to Before Me
this day of ,
2-O Ï
NOTARY PUBLIC
My i n Expires Ö O
I YWS Page 13