The URL can be used to link to this page

Home My WebLink About2013Annual Report.pdf15L-u/ Al{l{(IAL REPdH OF ISLAND PARK WATER COMPANY, INC. NAME PO BOX 2521 IDAHO FALLS, ID 83403 TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2013 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING L2I3L/13 COMPANY INFORMATION 1 Give full name of utility 2 Date of Organization 3 Organized under the laws of the state of Idaho 4 Address of Principal Office (number & street) !!! !l@en Driyq 5 P.O. Box (if applicable) 6 City 7 State 8 Zip Code 9 Organization (proprietor, partnership, corp.) corporation 10 Towns, Counties served Fremont CounW 11 Are there any affiliated companies? (yes or no) No If yes, attach a list wtth names, addresses & descrlptions. Explaln any servlces provlded to the utllity. L2 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 llst wlth names, addresses & descriptions, Explaln any servlces provlded to the utility. 14 Where are the Company's books and records kept? Street Address City State zip Island Park Water Companv, Inc. 5luL976 PO Box 2521 Idaho Falls Idaho Phone No. 550 Linden Drive Idaho Falls ' 20a\ 524-7 425. 521-2369 & 821-0776 '2081 524-7426, 521-2369 & 821-0776 ' 20at s24-7 426. 521-2369 & 821-0776 Mlcheel Lund '2oa\ s24-7426 :2081 524-7426, 521-2369 & 821-0776 20at 524-7426,521-2369 & 82r-0776 2013 Annual Report for Water Utilities to the IDPUC 1of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Island Park Water Company, Inc. COMPANY INFORMATION (CONt.) 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 Water Purchased 19 Has any system(s) been disapproved by the Idaho Department of Environmental Quality? For the Year Ended No r2l3L/13 Gallons/CCF If yes, attach full explanation 20 Has the ldaho Department of Environmental Quality recommended any improvements? If yes, attach full explanatlon 2L Number of Complaints received during year concerning: Quality of Service High Bills Disconnection Number of Customers involuntarily disconnected - o -O'- 11/15/13 22 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 2013 Annual Report for water Utilities to the IDPUC 2of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Island Park Water Company, Inc. REVENUE & EXPENSE DETAIL SUB ACCT DESCRIPTION For the Y€ar Ended 12/3L120t3 1 460 2 caLt 3 cot.z 4 462 5 464 6 46s 7 466 8 4oo 4OO REVENUES Unmetered Water Revenue Metered Sales - Residential Metered Sales - Commercial, Industrial Fire Protection Revenue Other Water Sales Revenue Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) 401 OPEMTING EXPENSES Labor - Operation & Maintenance Labor - Customer Accounts Labor - Administrative & General Salaries, Officers & Directors Employee Pensions & Benefits Purchased Water $ 94,925.58 9 10 11 r DEQ Fees Billed separately to custome6 r* Hookup or Connection Fees Collected t*rcommission Approved Surcharges Collected Booked to Act * Booked to Acct * Booked to Acct * 3,300.00 $ 21,500.00 $ 17,098.97 $ 22,5L2.7L $ 2,058.22 $ 8,190.00 79.75 2,342.74 $ 7,131.61 $. 94,925.68 t2 13 L4 15 16 t7 601.1-6 601.7 601.8 603 504 610 18 61s-16 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.1-6 Materials & Supplies - Operation & Maint. 21 620.7-B Materials & Supplies - Administrative & General 22 631-34 Contract Services - Professional 23 63s 24 6s6 Contract Services - Water Testing Contract Services - Other 25 64L-42 Rentals - Property & Equipment 26 650 Transportation Expense 27 Gs6-sg Insurance 28 660 29 666 30 667 31 670 32 67s 33 Advertising Rate Case Expense (Amortization) Regulatory Comm. Exp. (Other except taxes) Bad Debt Expense Miscellaneous Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2) 2013 Annual Report for Water Utilities to thd IDPUC $ 84,254.04 3of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Island Park Water Company, Inc. INCOME STATEMENT FortheYearEnded SUBACCT DESCRIPTION Lzl3tl20L3 1 2 3 4 5 6 7 8 9A 9B 9C 9D 10 11 L2 13 t4 15 16 t7 18 19 20 2L 22 23 24 25 26 27 28 29 30 31 32 403 406 407 408.10 408.1 1 408,12 408.13 411 4L2 Revenue (From Page 3, llne 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 1tist1 Taxes. Licenses & Fees $ 94,925.68 $ 84,254.04 $ 5,665.83 $ (932.37) $ s0.00 2,783.O4 $ 300.00 409.10 Federal Income Taxes 409.11 State Income Taxes 410.10 Provision for Deferred Income Tax - Federal 410.11 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 Income (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 llnes 20,22,23 & 24 less lines 2L,25,26, 9,27) Gross Income ladd tiner 19 & 28) Interest Exp. on Long-Term Debt Other Interest Charges NET INCOME (Line 29 less lines 30 & 31), (Also Enter on Pg 9, Line 2) 4L3 4t4 $ 92,178.55 $ 2,989.79 2,747.t3 $ 2,989.79 $ 5,736.92 $ 5,736.92 415 416 419 420 42L 426 408.20 409-20 427,3 427.5 2013 Annual Report for Water Utilities to the IDPUC 4of13 ANNUAL REPORT FOR WATER UTILTTIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: ' island Park Water Company, Inc. ACCOUNT 101 PI.ANT IN SERVICE DETAIL SUB ACCT DESCRIPTION For the Year Ended Added During Year 1 2 3 4 5 6 7 8 9 10 11 L2 13 L4 15 16 t7 18 19 ?o 2L 22 23 24 25 26 27 28 29 301 302 303 304 305 306 307 308 309 310 31r 320 330 331 333 334 335 336 339 340 341 342 343 344 345 346 347 348 Organization Franchises and Consents Land & Land Rights Structures and Improvements Collecting & Impounding Reservoirs Lake, River & Other lntakes Wells Infiltration Galleries & Tunnels Supply Mains Power Generation Equipment Power Pumping Equipment Purification Systems Distribution Reservoirs & Standpipes Trans. & Distrib. Mains & Accessories Services Meters and Meter Installations Hydrants Backflow Prevention Devices Other Plant & Misc. Equipment Office Furniture and Equipment Transportation Equipment Stores Equipment Tools, Shop and Garage Equipment Laboratory Equipment Power Operated Equipment Communications Equipment Miscellaneous Equipment Other Tangible Property TOTAL PLANT IN.SERVICE 47.943.24 6,288.36 127,23L.43 (Add lines 1 - 28) Enter beginning & end of year totals on Pg 7, Line 1 2013 Annual Report for water Utilities to the IDPUC 5of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Island Park Water Company, Inc. ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL SUB ACCT DESCRIPTION 1 2 3 4 5 6 7 I 9 10 11 L2 13 t4 15 16 L7 18 19 20 2t 22 23 24 25 26 304 305 306 307 308 309 310 311 320 330 331 333 334 335 336 339 340 341 342 343 344 345 346 347 348 Structures and Improvements Collecting & Impounding Reservoirs Lake, River & Other Intakes Wells Infiltration Galleries & Tunnels Supply Mains Power Generation Equipment Power Pumping Equipment Purification Systems Distribution Reservoirs & Standpipes Trans. & Distrib. Mains & Accessories Services Meters and Meter Installations Hydrants Backflow Prevention Devices Other Plant & Misc. Equipment Offlce Furniture and Equipment Transportation Equipment Stores Equipment Tools, Shop and Garage Equipment Laboratory Equipment Power Operated Equipment Communications Equipment Miscellaneous Equipment Other Tangible Property TOTALS (Add Lines 1 - 2s) Enter beglnning & end of year totals on Pg 7, Line 7 61,L33.27 2013 Annual Report for Water Utilities to the IDPUC 6of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: Island Park Water Company, Inc. BALANCE.SHEET SUB ACCT ASSETS DESCRIPTION 101 Utility Plant in Service (From Pg 5, Line 29) 102 Utility Plant Leased to Others 103 Plant Held for Future Use 1os Construction Work in Progress 114 Utility Plant Aqulsition 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 Amortizatlon - Aquisition Adj. Net Utility Plant (une 6 less lines 7 - 12) 123 Investment in Subsidiaries L25 Other Investments Total Investments (Add lines 14 & 15) 131 135 t4l L42 145 151 L62 L73 143 181 183 184 186 Cash Short Term Investments Accts/Notes Receivable - Customers Other Receivables Receivables from Associated Companles Materials & Supplies Inventory Prepaid Expenses Unbilled (Accrued) Utility Revenue Provision for Uncollectable Accounts Total Current (Add tines L7 - 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) t213112073 Increase or 1 2 3 4 5 6 7 8 9 10 11 L2 13 t4 15 16 17 18 19 20 2L 22 23 24 25 26 27 28 29 30 31 t27.23L.43 (61,133.2 L27,23t,43 2013 Annual Report for Water Utilities to the IDPUC 7 ol13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: ' island Park Water Company, Inc. BALANCE SHEET SUB ACCT LIABILITIES & CAPITAL DESCRIPTION Lzl3U20t3 Balance Increase End of or (0.00) 1 2 3 4 5 6 7 I 9 10 11 L2 13 L4 15 16 17 18 19 20 2t 22 23 24 25 26 27 28 29 30 31 201-3 Common Stock 2o4-G Preferred Stock 2o7-L3 Miscellaneous Capital Accounts 2t4 AppropriatedRetainedEarnings 21s UnappropriatedRetainedEarnings 2L6 Reacquired Capital Stock 2rB Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6) 22L-2 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 261-5 OperatingReserves 27r Contributions in Aid of Construction ?72 Accum. Amort. of Contrib. in Aid of Const. ** 281-3 Accumulated Deferred Income Taxes Total Liabilities lAoa lrnes 9 - 29) TOTAL LIABILITIES & CAPITAL ( Add tines I & 30) tr Only lf Commission Approved 223 224 23L 232 233 235 236.1 I 236.L2 236.2 237-40 24t 251 252 253 255. I ?.55.2 t17,329.57 LL7,329.57 2013 Annual Report for Water Utilities to the IOPUC 8of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME:' Island Park \/ater Company, Inc. STATEMENT OF RETAINED EARNINGS 1 Retained Earnings Balance @ Beginning of Year 2 Amount Added from Current Year Income (From P9 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 CAPITAL STOCK DETAIL 7 Description (Class, Par Value etc.) DETAIL OF LONG-TERM DEBT For the Year Ended No, Shares L2l3tl2Ot3 $ (84,980,1s) $ 5,736.92 $ (79,243.23) No. Shares Dlvldends 2013 Annual Report for Water Utilities to the IDPUC 9of13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: ' island Park Water Company, Inc. SYSTEM ENGINEERING DATA 1 Provide an updated system 2 Water Supply: For the Year Ended map if significant changes have been made to the system during the year. L2l3rl2013 Water Supply Soure (well, Sprlng, Constructlon (wood, Steel Type of Treatment: (None, Chlorine Fluoride Usable Capacity 000's Annual Producffon TOTALS 3 System Storage: Total Capaclty 000's (Dupllcate form and attach if necessary. Asterisk facilities added this year.) Type of Reservolr (Elevated Pressurlzed 2013 Annual Report for Water Utilities to the IDPUC 10 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE NAME: ' lsbnd Park Water Company, Inc. SYSTEM ENGINEERING DATA Continued 4 Pump information for ALL system pumps, including IDAHO PUBLIC UTILITIES COMMISSION For the Year Ended wells and boosters. Rated Hors€ power RaH Capadty Dls€ha.9e Pressure 12l3L/20L3 Energy us€d thls Year Designation or Location & r* Submlt pump curves unless prevlously provided or unavallable. Asterlsk facllltles added thls year. Attach addltlonal sheets lf lnadequate space ls avallable on this page. 5 If Wells are metered: What was the total amount pumped this year? 000's gal. What was the total amount pumped during peak month? 000's gal. What was the total amount pumped on the peak day? gal. 6 If customers are metered, what was the total amount sold in peak month? 000's gal. 7 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? 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 explanatlon of projects and antlclpated costsl 11 In what year do you anticipate that the system capaciry (supply, storage or distribution) will have to be expanded? 2013 Annual Report for Water Utilities to the IDPUC 11 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION NAME: ' Island Park Water Company, Inc. SYSTEM ENGINEERING DATA CONtiNUEd FEET OF MAINS For the Year Ended In Use Installed Beglnnlng Dudng Abandoned During 1213L12013 In Use End of CUSTOMER STATISTICS 2 Metered: 2A Residential 28 Comrnercial 2C Industrial 3 Flat Rate: 3A Residential 38 Commercial 3C Industrial 4 Private Fire Protection 5 Public Fire Protection 6 Street Sprinkling 7 Municipal, Other 8 Other Water Utilities TOTALS (Add lines 2 through 8) 2013 Annual Report for Water Utilities to the IOPUC 12 of 13 ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION CERTIFICATE State of Idaho )ss county of 6On n . wE, 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 examlned 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. Subscribed and Sworn to Before Me My commission Expires I AA'"1 gdlvexceuJnelson/anulrpts/rvtr.nnualrpt (Off,cer ln Charge of Accounts) i Pueutc j #xa'u$. 2013 Annual Repoft for water Utilities to the IDPUC 13 of ]jl