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Home My WebLink About2004Annual report.pdf.'" ' ' AL REPOR T /AJ(xbJL~ ~fs IlL 1-1 ADDRESS O:? ocrJ"- t(;;r rV\ c.-.::J (j 2) 2S TO TH IDAHO PUBLIC ~M ry , ' .. i ~.. o.. UTiliTIES COMMISSION FOR THE YEAR ENDED c2()o4 . iJ ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING 12/31/2004 11 Are there any affiliated companies? YES If yes, attach a list with names, addresses & descriptions. 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/deletions made to the service area during the year? 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 k~pt?Street Address 10045 N. Memo Ln.City RathdrumState Zip 83858 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 Rev 3/02 COMPANY INFORMATION Happy Valley Water System Inc. 25-Jul- Idaho 10045 N. Memory Lane Rathdrum 83858 Corp Kootenai Explain any services Name Phone No. Brett McCarty 687-9170 N/A Nora McCarty 687-9170 N/A Personal Care Data 765-1863 N/A McCarty Drilling & Pump inc 687 -9170 Nora McCarty 687-9170 Page NAME:Happy Valley Water System Inc. COMPANY INFORMATION (Cont.) For the Year Ended 12/31/2004 15 Is the system operated or maintained under a service contract? 16 If yes: With whom is the contract? When does the contract expire? What services and rates are included? 17 Is water purchased for resale through the system? 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 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 Accounts occur during the year? If yes, attach full explanation and an updated system map 38166 Rev 3/02 Page 2 NAM E:Happy Valley Water System Inc. REVENUE & EXPENSE DETAIL For the Year Ended 12/31/2004 ACCT #DESCRIPTION 400 REVENUES 460 Unmetered Water Revenue 461.Metered Sales - Residential 9208 461.Metered Sales - Commercial, Industrial 462 Fire Protection Revenue 464 Other Water Sales Revenue 465 Irrigation Sales Revenue 466 Sales for Resale 400 Total Revenue (Add Lines 1 - 7)9254 (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers Booked to Acct # ** Hookup or Connection Fees Collected Booked to Acct # *** Commission Approved Surcharges Collected Booked to Acct # 401 OPERATING EXPENSES 601.6 Labor - Operation & Maintenance 1450 601.Labor - Customer Accounts 601.Labor - Administrative & General 603 Salaries, Officers & Directors 604 Employee Pensions & Benefits 610 Purchased Water 615-16 Purchased Power & Fuel for Power 3599 618 Chemicals 620.6 Materials & Supplies - Operation & Maint. 620.8 Materials & Supplies - Administrative & General 631-34 Contract Services - Professional 1562 635 Contract Services - Water Testing 470 636 Contract Services - Other 2382 641-Rentals - Property & Equipment 650 Transportation Expense 656-Insurance 660 Advertising 666 Rate Case Expense (Amortization) 667 Regulatory Comm. Exp. (Other except taxes) 670 Bad Debt Expense 675 Miscellaneous Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)9569 Rev 3/02 Page 3 Name: ACCT # Happy Valley Water System Inc. INCOME STATEMENT For Year Ended 12/31/2004 DESCRIPTION 403 406 407 6 408. 7 408. 8 408. 9A 408. 17 413 18 414 30 427. 31 427. 409. 409. 410. 410. 411 412 415 416 419 420 421 426 408. 409- 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) 9254 9569 520 236 114 DEQ Fees 250 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 I ncome (Add 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-Utility Income (Add lines 20 23 & 24 less lines 21 , & 27) Gross Income (add lines 19 & 28) Interest Exp. on Long-Term Debt Other I nterest Charges NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) 10709 (1455) (1455) Page 4 Name: SUB ACCT # Rev 3/02 Happy Valley Water System Inc. ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 12/31/2004 DESCRIPTION (Add lines 1 - 28) Balance Beginning of Year Added During Year 301 Organization 154 154 302 Franchises and Consents 303 Land & Land Rights 304 Structures and Improvements 1444 1444 305 Collecting & Impounding Reservoirs 306 Lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 7447 7447 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 2674 2674 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 11719 11719 Removed During Year Balance End of Year Enter beginning & end of year totals on Pg 7, Line Page 5 Name:Happy Valley Water System Inc. For Year Ended 12/31/2004 ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL SUB ACCT # Depreciation Rate DESCRI PTION Balance Beginning of Year Balance End of Year Increase (Decrease) 304 Structures and Improvements 00%180 252 305 Collecting & Impounding Reservoirs 306 Lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 00%3723 4095 372 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 00%620 696 335 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 TOTALS (Add Lines 1 - 25)4523 5043 520 Enter beginning & end of year totals on Pg 7 , Line 7 Rev 3/02 Page 6 Name:Happy Valley Water System Inc. BALANCE SHEET For Year Ended 12/31/2004 ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year Decrease) 101 Utility Plant in Service (From Pg 5 , Line 29)11719 11719 102 Utility Plant Leased to Others 103 Plant Held for Future Use 105 Construction Work in Progress 114 Utility Plant Aquisition Adjustment 3070 3070 7 108. 8 108. 9 108. 10 110. 11 110. 12 115 14 123 15 125 17 131 18 135 19 141 20 142 21 145 22 1 51 23 162 24 173 25 143 27 181 28 183 29 184 30 186 Rev 3/02 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 - 12) Investment in Subsidiaries Other Investments 14789 4523 14789 5043 520 106 529 734 205 9662 8906 (756) 2204 1257 (947) 277 469 192 Total Investments (Add lines 14 & 15) Cash Short Term Investments Accts/Notes Receivable - Customers Other Receivables Receivables from Associated Companies Materials & Supplies Inventory 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 Total Assets (Add lines 13, 16 & 26 - 30)12143 0632 (1511) Page 7 Name: BALANCE SHEET Happy Valley Water System Inc. For Year Ended 12/31/2004 LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year . Year (Decrease) 201-Common Stock 204-Preferred Stock 207-Miscellaneous Capital Accounts 10000 10000 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 2143 632 (1511) 216 Reacquired Capital Stock 218 Proprietary Capital 9 221- 10 223 11 224 12 231 13 232 14 233 15 235 16 236. 17 236. 18 236. 19 237- 20 241 21 251 22 252 23 253 24 255. 25 255. 26 261- 27 271 28 272 29 281-Accumulated Deferred Income Taxes30 Total Liabilities (Add lines 9 - 29 31 TOTAL LlAB & CAPITAL (Add lines 8 & 30) ** Only if Commission Approved Total Equity Capital (Add Lines 1-5+7 less line 6) 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 Income Taxes Payable Accrued Taxes - Non-Utility Accrued Debt, Interest & Dividends Payable Misc. Current & Accrued Liabilities Unamortized Debt Premium Advances for Construction Other Deferred Liabilities Accumulated Investment Tax Credits - Utility Accum. Investment Tax Credits - Non-Utility Operating Reserves Contributions in Aid of Construction Accum. Amort. of Contrib. in Aid of Const. ** Rev 3/02 Page 8 12143 0632 (1511) 121431 0632 I (1511) Name:Happy Valley Water System Inc. STATEMENT OF RETAINED EARNINGS For Year Ended 12/31/2004 Retained Earnings Balance Beginning of Year Amount Added from Current Year Income (From Pg 4, Line 32) Other Credits to Account Dividends Paid or Appropriated Other Distributions of Retained Earnings Retained Earnings Balance ~ End of Year 2087 (1455) 632 CAPITAL STOCK DETAIL No. Shares Description (Class, Par Value etc, NO PAR VALUE A th . d No. Shares 0 t t Dividends P 'onze u s an InQ DETAIL OF LONG-TERM DEBT escnp110n a e a ance ccrue Interest R t. l' Rev 3/02 Page 9 Year-end Interest P ' Interest Name:Happy Valley Water System Inc. SYSTEM ENGINEERING DATA For Year Ended 12/31/2004 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 FluorideFI Annual Production (000' G I) Water Supply Source (Well, Spring, S rf WumpeslQna Ion or oca Ion tgpm I ter etc.u ace Well #1 none well System Storage: Total Capacity OOO' Usable Capacity OOO' Type ofReservoir Construction (Elevated Pres- (Wood, Steel toraQe eslQnatlon or ocatlon al.Gal.urized, Boosted)Concrete) (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 3/02 Page 1 0 Name:Happy Valley Water System Inc. SYSTEM ENGINEERING DATA (continued) For Year Ended 12/31/2004 Pump information for ALL system pumps , including wells and boosters. Designation or Location & T f P Rated Capacity Energy Used Th' Y Discharge Pressure ( ' Horse Iype 0 ump ower (Qpm pSI ear ** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year. Attach additional sheets if inadequate space is available on this page. 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? If customers are metered , what was the total amount sold in peak month?1213544 Was your system designed to supply fire flows? If Yes: What is current system rating? How many times were meters read this year? During which months?May - September 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! In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded? Rev 3/02 Page 11 Name:Happy Valley Water System Inc. SYSTEM ENGINEERING DATA (continued) For Year Ended 12/31/2004 FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year CUSTOMER STATISTICS Number of Customers Thousands of Gallons Sold TOTALS (Add lines 2 through 8) This Last This Last Year Year Year Year Metered: Residential Commercial Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal, Other Other Water Utilities Rev 3/02 Page 12 CERTIFICA TE State of Idaho ) ss Countvof ~MA;.I L1Io n:c j(c 6: /'1' u~'~ -h utility, on our oat everally say that the foregoing re~ rt 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. 4N'E", the undersigned and of the (Officer in Charge of Accounts) Subscribed and Sworn to Before Me this ~2,tt\day of :2:Yl CJ."ct ~hl ~~A NOTARY PUB 2, ~ KIMBERLY A. CORLIS NOTARY PUBLIC STATE OF IDAHO ~~~~ ~~~t /!",' My Commission Expires 0 3 2-f( , ;;-u-a 9 d kJ exce I/j ne I son/an u I rpts/wtran nu a I rpt Rev 3/02 Page 13