2007Annual Report.pdf

I
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JUN - 5 Pt1 2= 27
ANNUAL REPOJl§
OF bfw-w
~MU!l!~~ W~~f)) Li-t-
NAME
3lo.m SI\1~~~'
v ADDRESS$~i~ ~3ri0tJ
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDE~a,/~O?2007
-
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 1:i-3.I-D?
COMPANY INFORMATION
1 Give full. name of utility
Telephone . Area Code (
E-mail address
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
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11 Are there any affiliated companies? N 0
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact Information
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/deletio
to the service area during the year?
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? C) _ "~::etAddress ~~~State ~Zip ~~\oi~
Rev 3/02 Page 1
NAME: ~~~ \i~~JLLC-
COMPANY INFORMATION (Cont.)
For theYear Ended 1~-31- Ð 7
Ù~vJ~4~When does the contract expire? ~~
What services and rates are included? ~~~~
17 Is water purchased for resale through the system? W 0
18 If yes: Name of Organization
Name of owner or operator
Mailing Address
City
State
Zip
15 Is the system operated or maintained under a
service contract?
16 If yes: With whom is the contract?
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Division of Environmental Quality?
If yes, attach full explanation
20 Has the Idaho Division of Environmental Quality
recommended any improvements?
If 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 31.21.01.701?
Attach a copy of the Summary
24 Did significant additions or retirements from the
Plant Ac~ounts occur during the year?
If yes, attach full explanation
and an updated system map
Gallons/CCF~$Amount~
No
\'o
-e
Rev 3/02 Page 2
. NAM'E~~2~ ~õÌ ~I LL~
REVENUE & EXPENSE DETAIL
Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
9 * DEQ Fees Billed separately to customers
10 ** Hookup or Connection Fees Collected
11 ***Commission Approved Surcharges Collected
12 601.1-6 Labor - Operation & Maintenance
13 601.7 Labor - Customer Accounts
14 601.8 Labor - Administrative & General
15 603 Salaries, Offcers & Directors
16 604 Employee Pensions & Benefits
17 610 Purchased Water
18 615-16 Purchased Power & Fuel for Power
19 618 Chemicals
20
21
22
23
24
25
26
27
28
29
30
31
32
33
620.1-6 Materials & Supplies - Operation & Maint.
620.7-8 Materials & Supplies - Administrative & General
631-34 Contract Services - Professional
635 Contract Services -Water Testing-.~~
636 Contract Services - Other
641-42 Rentals - Property & Equipment
650 Transportation Expense
656-59 Insurance
660 Advertising
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)
670 Bad Debt Expense
675 Miscellaneous ~ \~ \a
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)
ACCT#
1
2
3
4
5
6
7
8
460
461.1
461.2
462
464
465
466
400
Rev 3/02
For the Year Ended
DESCRIPTION
400 REVENUES
ri-31 -07
Unmetered Water Revenue
Metered Sales - Residential
Metered Sales - Commercial, Industrial
Fire Protection Revenue
Other Water Sales Revenue
Irrigation Sales Revenue
Sales for Resale
TTi '13 L
f),?5L
Booked to Acct #
Booked to Acct #
Booked to Acct #
401 OPERATING EXPENSES
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953
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Page 3
Name:
ACCT#
~a~ uJjM. Qj ~LC-
INCOME STATEMENT
lag31-0?For Year Ended
DESCRIPTION
173-'_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) DEQ Fees
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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 ~dd 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-Utility Expense
Other Taxes, Non-Utility Operations
Income Taxes, Non-Utility Operations
Net Non-Util~e (Add lines 20,22,23 & 24 less lines 21,25,26, & 27)
Gross (add lines 19 & 28)
Interest Exp.on Long-Term Debt
Other Interest Charges
NET I~E (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)~
~
Page 4
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Name: ~QWS uJ~Q~JLL-L
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 1;)-31-07
301 Organization
302 Franchises and.Consents
303 Land & Land Rights /.
304 Structures and Improvements V\ /(1
305 Collecting & Impounding Reservoi.rs V ,-
306 Lake, River & Other Intakes .
307 Wells
308 Infitration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment
311 Power Pumping Equipment
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories
333 Services
334 Meters and Meter Installations
335 Hydrants
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment
341 Transportation Equipment ,
342 Stores Equipment
343 Tools, Shop and Garage Equipment
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTAL PLANT IN SERVICE
SUB
ACCT#
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
Rev 3/02
DESCRIPTION
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
(Add lines 1 - 28)Enter beginning & end of year totals on Pg 7, Line 1
Page 5
Name: ~~~~ ~J LL~
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 111-31'0?
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
1.
18
19
20
21
22
23
24
25
26
ACCT#.DESCRIPTION %of Year Year (Decrease)
304 Structures and Improvements
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells /..
308 Infiltration Galleries & Tunnels .\ I Ý
309 Supply Mains \1 r
310 Power Generation Equipment
311 Power Pumping Equipment
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories
333 Services
334 Meters and Meter Installations
335 Hydrants
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Offce Furniture and Equipment
341 Transportation Equipment
342 Stores Equipment
343 Tools, Shop and Garage Equipment
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTALS (Add Lines 1 - 25)
Enter beginning & end of year totals on Pg 7, Line 7
Rev 3/02 Page 6
. Name: ñ~A~~~~J L~~
BALANCE SHEET
For Year Ended ~1)-31'-07
ASSETS Increase
or
(Decrease)
Balance
Beginning
of Year
Balance
End of
YearACCT#DESCRIPTION
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
101 Utility Plant in Service (From Pg 5, Line 29)
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)
108.1 Accumulated Depreciation (From Pg 6, Line 26)
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)
123 Investment in Subsidiaries
125 Other Investments
Total Investments (Add lines 14 & 15)
131 Cash l.c;3, '7 3.~st \~-;~
,..,
135 Short Term Investments
141 Accts/Notes Receivable - Customers
142 Other Receivables
145 Receivables from Associated Companies
151 Materials & Supplies Inventory
162 Prepaid Expenses
173 Un biled (Accrued) Utility Revenue
143 Provision for Uncollectable Accounts
Total Current (Add lines 17 -24 less line 25)
181 Unamortized Debt Discount & Expense
183 Preliminary Survey & Investigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges
Total Assets (Add lines 13, 16 & 26 - 30)\ .~"39 ~ ':5'\ 'l'i
.i
~
Rev 3/02 Page 7
. Name: ~g~ W~~, L~C-
BALANCE SHEET
For Year Ended /õl-s-I-02
LIABILITIES & CAPITAL
ACCT#DESCRIPTION
1 201-3 Common Stock
2 204-6 Preferred Stock
3 207-13 Miscellaneous Capital Accounts
4 214 Appropriated Retained Earnings
5 215 Unappropriated Retained Earnings
6 216 Reacquired Capital Stock
7 218 Proprietary Capital
8 Total Equity Capital (Add Lines 1-5+7 less line 6)
9 221-2 Bonds
10 223 Advances from Associated Companies
11 224 Other Long - Term Debt
12 231 Accounts Payable
13 232 Notes Payable
14 233 Accounts Payable - Associated Companies
15 235 Customer Deposits (Refundable)
16 236.11 Accrued Other Taxes Payable
17 236.12 Accrued Income Taxes Payable
18 236.2 Accrued Taxes - Non-Utility
19 237-40 Accrued Debt, Interest & Dividends Payable
20 241 Misc. Current & Accrued Liabilities
21 251 Unamortized Debt Premium
22 252 Advances for Construction
23 253 Other Deferred Liabiliies
24 255.1 Accumulated Investment Tax Credits - Utility
25 255.2 Accum. Investment Tax Credits - Non-Utility
26 261-5 Operating Reserves
27 271 Contributions in Aid of Construction
28 272 Accum. Amort. of Contrib. in Aid of Const. **
29 281-3 Accumulated Deferred Income Taxes
30 Total Liabilties (Add lines 9 - 29
31 TOTAL L1AB & CAPITAL (Add lines 8 & 30)
** Only if Commission Approved
Balance
Beginning
of Year
Balance
End of
Year
Increase
or
(Decrease
looOO
Rev 3/02 Page 8
. .
Name: ~Ç(~\l~~, L-~
STATEMENT OF RETAINED EARNINGS
For Year Ended ta- 3 J.. O?
1 Retained Earnings Balance (Q Beginning of Year .
2 Amount Added from Current Year ~rom Pg 4, Line 32)
3 Other Credits to Account
4 Dividends Paid or Appropriated
5 Other Distributions of Retained Earnings
6 Retained Earnings Balance ~ End of Year
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CAPITAL STOCK DETAIL
No. Shares
7 Description (Class, Par Value etc.)Authorized
No. Shares
OutstandinÇJ
Dividends
Paid
¡Vr+
DETAIL OF LONG-TERM DEBT
8 D . t
Interest
R
Year-end
B i
Interest
P 'd
Interest
escrip;ion ate aance ai ccrue
.. , ./1
IV fi
A d
Rev 3/02 Page 9
. .
Name: :D~St~ ~~~ Qn, LLC-
For Year Ended
SYSTEM ENGINEERING DATA
Jd.~31-07
Provide an updated system map if significant changes have been made to the system during the year.
2 Water Supply:
nation or location
Rated
Capacity
m
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc.
Water
Supply
Source
(Well, Spring,
Surface Wtr)
Annual
Production
OOO's Gal.)
~~
5~
3 System Storage:
Storage Designation or Location
Total
Capacity
OOO's
Gal...
~~f\~~~'~~9"'~'" .~\.._\~
\\~.,~ ~N'\.' S\~
~,. ..~.. dN -l ß ~ ~\... ~~, .11 Ai Vl\ ) '- \
Usable
Capacity
000'5
Gal.
Type of
Reservoir
(Elevated,Pres-
urized, Boosted)
Construction
(Wood, Steel
Concrete)
.
(Duplicate form and attach if necessary. Asterisk facilties added this year.)
Rev 3/02 Page 10
. .
Name r:n~~Q;, ~~~bi \-~
"
SYSTEM ENGINEERING DATA
(continued)
For Year Ended . la-,3) - 07
4 Pump information for ALL system pumps, including wells and boosters.
Horse
Power
Rated
Capacity
m)
Discharge
Pressure
si)
Energy
Used
This Year
o
** Submit pump curves unless previously provided or unavailable. Asterisk facilties 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?
yYl
6 If customers are metered, what was the total amount sold in peak month?
7 Was your system designed to supply fire flows?
If Yes: What is current system rating?
8 How many times were meters read this year?
During which months?
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?
10 Are backbone plant additions anticipated during the coming year?
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?
Rev 3/02 Page 11
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Name:~~~)iR~~~~ kt-~i
SYSTEM ENGINEERING DATA
(continued)
For Year Ended n-3F07
,
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
.,
it
CUSTOMER STATISTICS
Number of. Customers
This
Year
Last
Year
Thousands of Gallons Sold
This
Year
Last
Year
2 Metered:
2A Residential
2B Commercial
2C Industrial
3 Flat Rate:
3A Residential
3B Commercial
3C Industrial
~3
A
4 Private Fire Protection Y-
5 Public Fire Protection
6 Street Sprinkling
TOTALS (Add lines 2 through 8)
7 Municipal, Other
8 Other Water Utilities
Rev 3/02 Page 12
~ ,
,
CERTIFICATE
State of Idaho
County of Ao~
ss
Wàiwß,w~~
and
of the n~~ .W~ ~ LI-C-
Iutilty, 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 bea 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.
WE, the undersigned
/~
(Offcer in Charge of Accounts)
Subscribed and Sworn to Before Me
this ,/1! day of .li
ßM¿ ll='NOTARYP~
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My Commission Expires ;0- )l-~/O
Rev 3/02 Page 13