2009Annual Report.pdf

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ANNUAL REPORT
OF
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TO THE
IDAHO PUBLIC
UTiliTIES COMMISSION
FOR THE
YEAR ENDED /;; - ;-21 - ;;OOt
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ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING 12/31/2009
11 Are there any affliated companies? YES
If yes, attach a list with names, addresses & descriptions. Explain any services
provided to the utility.
12 Contact i nformation Name
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billng
Engineering
Emergency Service
Accounting
13 Were any water systems acquired during the year or any additions/deletions madeto the service area during the year? no
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?
Street Address 10045 N. Memory LaneCity Rathdrum~~ i~~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-01
Idaho
S-Corp
Kootenai
Phone No
Brett McCart
N/A
Nora McCart 1'208) 660-5254
N/A
Nora McCart 1'208) 660-5254
N/A
Brett McCartv
Nora McCarty [phone]
Page 1
NAME:Happy Valley Water System Inc.
COMPANY INFORMATION (Cont.)
For the Year Ended 12/31/2009
15 Is the system operated or maintained under aservice contract? Yes
16 If yes: With whom is the contract? Integrity Water Management
When does the contract expire? Renews April of each year until terminated
What services and rates are included? Water Master & Backup Operator
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
No
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
yes
o
o
o
o
.)~06"7
No
Rev 3/02 Page 2
NAME:Happy Valley Water System Inc.
REVENUE & EXPENSE DETAIL
For the Year Ended 12/31/2009
DESCRIPTION
400 REVENUES
ACCT#
1 460 Unmetered Water Revenue
2 461.1 Metered Sales - Residential 9898
3 461.2 Metered Sales - Commercial, Industrial
4 462 Fire Protection Revenue
5 464 Other Water Sales Revenue 7
6 465 Irrigation Sales Revenue
7 466 Sales for Resale
8 400 Total Revenue (Add Lines 1 - 7)9905
(also enter result on Page 4, line 1)
9 * DEQ Fees Biled separately to customers Booked to Acct #
10 ** Hookup or Connection Fees Collected Booked to Acct #
11 ***Commission Approved Surcharges Collected Booked to Acct #
401 OPERATING EXPENSES
12 601.1-6 Labor - Operation & Maintenance
13 601.7 Labor - Customer Accounts
14 601.8 Labor - Administrative & General
15 603 Salaries, Officers & Directors
16 604 Employee Pensions & Benefits
17 610 Purchased Water
18 615-16 Purchased Power & Fuel for Power 6461
19 618 Chemicals
20 620.1-6 Materials & Supplies - Operation & Maint.
21 620.7-8 Materials & Supplies - Administrative & General 270
22 631-34 Contract Services - Professional 1595
23 635 Contract Services - Water Testing 185
24 636 Contract Services - Other 5070
25 641-42 Rentals - Propert & Equipment 122
26 650 Transportation Expense
27 656-59 Insurance
28 660 Advertising
29 666 Rate Case Expense (Amortization)
30 667 Regulatory Comm. Exp. (Other except taxes)
31 670 Bad Debt Expense
32 675 Miscellaneous 69
33 Total Operating Expenses (Add lines 12 .32, also enter on Pg 4, line 2)13772
Rev 3/02 Page 3
Name:Happy Valley Water System Inc.
INCOME STATEMENT
For Year Ended 12/31/2009
ACCT#DESCRIPTION
1 Revenue (From Page 3, line 8)9905
2 Operating Expenses (From Page 3, line 33)13772
3 403 Depreciation Expense 520
4 406 Amortization, Utility Plant Aquisition Adj.205
5 407 Amortization Exp. - Other
6 408.10 Regulatory Fees (PUC)50
7 408.11 Property Taxes 29
8 408.12 Payroll Taxes
9A 408.13 Other Taxes (list)DEQ Fees 120
9B
9C
9D
10 409.10 Federal Income Taxes
11 409.11 State Income Taxes 20
12 410.10 Provision for Deferred Income Tax - Federal
13 410.11 Provision for Deferred Income Tax - State
14 411 Provision for Deferred Utility Income Tax Credits
15 412 Investment Tax Credits - Utility
16 Total Expenses from operations before interest (add lines 2-15)14716
17 413 Income From Utility Plant Leased to Others
18 414 Gains (Losses) From Disposition of Utility Plant
19 Net Operating I ncome (Add lines 1, 17 & 18 less line 16)(4811)
20 415 Revenues, Merchandizing Jobbing 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
25 426 Miscellaneous Non-Utility Expense 180
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)(180)
29 Gross Income (add lines 19 & 28)(4991)
30 427.3 Interest Exp. on Long-Term Debt
31 427.5 Other Interest Charges
32 NET INCOME (Line 29 less lines 30 & 31)(Also Enter on Pg 9, Line 2)(4991)
Rev 3/02 Page 4
Name:
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
Happy Valley Water System Inc.
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended 12/31/2009
DESCRIPTION
(Add lines 1 - 28)
Balance
Beginning
of Year
Added
During
Year
301 Organization
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 Resérvoirs & 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 11565 11565
Removed
During
Year
Balance
End of
Year
Enter beginning & end of year totals on Pg 7, Line 1
Page 5
Name:Happy Valley Water System Inc.
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
For Year Ended 12/31/2009
SUB
Depreciation
Rate
Balance
Beginning
Balancé
End of
Increase
or
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
ACCT#DESCRIPTION %of Year Year (Decrease)
304 Structures and Improvements 5.00%540 612 72
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 5.00%5583 5955 372 .
320 Purification Systems
330 Distribution Reservoirs & Standpipes
331 Trans. & Distrib. Mains & Accessories
333 Services
334 Meters and Meter Installations 3.00%1000 1076 76
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 Propert
TOTALS (Add Lines 1 - 25)7123 7643 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 12/31/2009
ASSETS Balance
End of
Increase
or
Balance
Beginning
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
ACCT#DESCRIPTION of Year Year (Decrease)
101 Utilty Plant in Service (From Pg 5, Line 29)11565 11565 0
102 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
114 Utility Plant Aquisition Adjustment 3070 3070
Subtotal (Add Lines 1 - 5)14635 14635 0
108.1 Accumulated Depreciation (From Pg 6, Line 26)7123 7643 520
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.1554 1759 205
Net Utilty Plant (Line 6 less lines 7 - 12)5958 5233 (725)
123 Investment in Subsidiaries
125 Other Investments
Total Investments (Add lines 14 & 15)
131 Cash 3722 361 (3361)'
135 Short Term Investments
141 Accts/Notes Receivable - Customers (286)389 675
142 Other Receivables
145 Receivables from Associated Companies
151 Materials & Supplies Inventory
162 Prepaid Expenses
173 Unbiled (Accrued) Utility Revenue
143 Provision for Uncollectable Accounts
Total Current (Add lines 17 -24 less line 25)3436 750 (2686)
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)9394 5983 (3411)
Rev 3/02 Page 7
Name:Happy Valley Water System Inc.
BALANCE SHEET
For Year Ended 12/31/2009
LIABILITIES & CAPITAL Increase
or
Balance
Beginning
Balance
End of
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
ACCT#DESCRIPTION of Year Year (Decrease)
201-3 Common Stock
204-6 Preferred Stock
207-13 Miscellaneous Capital Accounts 10000 10000 0
214 Appropriated Retained Earnings
215 Unappropriated Retained Earnings (1116)(6107)(4991)
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)8884 3893 (4991)
221-2 Bonds
223 Advances from Associated Companies
224 Other Long - Term Debt
231 Accounts Payable 510 820 310
232 Notes Payable
233 Accounts Payable - Associated Companies 0 1270 1270
235 Customer Deposits (Refundable)
236.11 Accrued Other Taxes Payable
236.12 Accrued Income Taxes Payable
236.2 Accrued Taxes - Non-Utility
237-40 Accrued Debt, Interest & Dividends Payable
241 Misc. Current & Accrued Liabilities
251 Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities
255.1 Accumulated Investment Tax Credits - Utility
255.2 Accum. Investment Tax Credits - Non-Utility
261-5 Operating Reserves
271 Contributions in Aid of Construction
272 Accum. Amort. of Contrib. in Aid of Const. **
281-3 Accumulated Deferred Income Taxes
Total Liabilities (Add lines 9 - 29 510 2090 1580
TOTAL L1AB & CAPITAL (Add lines 8 & 30)9394 5983 (3411 )
** Only if Commission Approved
Rev 3/02 Page 8
Name:Happy Valley Water System Inc.
STATEMENT OF RETAINED EARNINGS
For Year Ended 12/31/2009
1 Retained Earnings Balance (§ Beginning of Year
2 Amount Added from Current Year Income (From 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
(1116)
(4991)
(6107)
CAPITAL STOCK DETAIL
No. Shares
7 Description (Class, Par Value etc.)
NO PAR VALUE
h . d o d
Dividends
P 'd
No. Shares
Aut orize utstan ing ai
10 10 0
DETAIL OF LONG. TERM DEBT
8 Descriotion
Interest
Rate
Year-end
Baance
Interest
Paid
Interest
Accrued
Rev 3/02 Page 9
Name:Happy Valley Water System Inc.
SYSTEM ENGINEERING DATA
For Year Ended 12/31/2009
1 Provide an updated system map if significant changes have been made to the system during the year.
2 Water Supply:
Pump DesiQnation or location
Rated
Capacity
(gpm)
Type of
Treatment:
(None, Chlorine
Fluoride
Filter etc.)
Annual
Production
Water
Supply
Source
(Well, Spring,
WOO's Gal.) Surface Wtr)
3 System Storage:
Total Usable Type of
Capacity Capacity Reservoir Construction
OOO's OOO's (Elevated,Pres-(Wood, Steel
Storage Designation or Location Gal.Gal.urized, Boosted'Concrete)
(Duplicate form and attch if necessary. Asterisk facilties added this year.)
Rev 3/02 Page 10
Name:Happy Valley Water System Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12/31/2009
4 Pump information for ALL system pumps, including wells and boosters.
Designation or Location
Rated
CapacityHorse
Discharge
Pressure
Energy
Used
& Tvoe of Pump**Power (com)(psi)This Year
.. .** 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?
What was the total amount pumped during peak month?
What was the total amount pumped on the peak day?
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?Aeli9JUnL
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)
wil have to be expanded?
Rev 3/02 Page 11
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Name:Happy Valley Water System Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended 12/31/2009
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
~ '-..4
2 Metered:
2A Residential
2B Commercial
2C Industrial
3 Flat Rate:
3A Residential
3B Commercial
3C Industrial
4 Private Fire Protection
5 Public Fire Protection
6 Street Sprinkling
7 Municipal, Other
8 Other Water Utilities
Rev 3/02 Page 12
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CERTIFICATE
State of Idaho )
) ss
County of J~i )
~, the undersigned Jc:tvt~ Se02iN'(/T~~Sf ,J LA ) f
of the H~ ,Pk \fa l. tI lt lo ~~g,tu!¡ b) L .
utilty, on our oatt:; 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 utiity 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 Offcer)
Subscribed and Sworn to Before Me
this lD1l day Of~ ,2010L(dl~
NOTARYPUBLI~~
My Commission Expires q I (11 ! J 0
gdklexcelljnelsonlanulrptsrannualrpt-
8iIE MaDONA
NOAR PUBLIC
STATE OF IDAH
Rev 3/02 Page 13