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State of Florida
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Public Service Commission
Capital Circle Office Center ● 2540 Shumard
Oak Boulevard
Tallahassee, Florida 32399-0850
-M-E-M-O-R-A-N-D-U-M-
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DATE:
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December 21, 2016
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TO:
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Office of Commission Clerk (Stauffer)
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FROM:
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Division of Engineering (Lewis, Knoblauch)
Division of Accounting
and Finance (Andrews, Fletcher)
Division of Economics
(Friedrich, Hudson)
Office of the General
Counsel (Trierweiler)
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RE:
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Docket No. 160169-WU – Application for
authority to transfer water system and Certificate No. 450-W from Pine
Harbour Water Utilities, LLC to Pine Harbour Waterworks, Inc. in Lake County.
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AGENDA:
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01/05/17 – Regular Agenda – Proposed
Agency Action for Issues 2, 3, 4, and 5 -Interested Persons May Participate
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COMMISSIONERS ASSIGNED:
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All Commissioners
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PREHEARING OFFICER:
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Patronis
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CRITICAL DATES:
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None
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SPECIAL INSTRUCTIONS:
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None
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Case Background
On
July 13, 2016, Pine Harbour Waterworks, Inc. (PHWI, Applicant, or Buyer) filed
an application for the transfer of Certificate No. 450-W from Pine Harbour
Water Utilities, LLC (PHWUL, Utility, or Seller) in Lake County. The service
area is located in the St. Johns River Water Management District which has
enacted district wide irrigation restrictions. According to the Utility’s 2015
Annual Report, it serves approximately 64 water customers and has operating
revenue of $22,395, which designates it as a Class C utility. Wastewater
treatment is provided by septic tanks.
The
Utility has been under Commission jurisdiction since December 9, 1986, when it
was known as Pine Harbour.[1] Certificate No. 450-W was granted to Mr.
Earl W. Stockwell in 1990 and was subsequently transferred to Mr. Jim C. Branham
in 1991.[2] Upon Mr. Branham’s death on April 14,
2007, the Utility became a part of his estate. On May 11, 2007, the Circuit
Court for Lake County, Florida appointed Ms. Sandra Wesson as personal
representative of the Estate of Jim C. Branham. During the probate of Mr.
Branham’s Estate, the Court granted Ms. Wesson authority to manage and operate
the Utility as Pine Harbour Water Utilities. The certificate was subsequently
transferred to PHWUL on October 6, 2008. There have been no further certification
actions since that time. The current rates and charges for utility service were
approved by the Commission in 2010.
This
recommendation addresses the transfer of the water system, and the
determination of the net book value of the water system at the time of transfer.
On August 15, 2016, PHWI waived the 60-day statutory time frame for the
Commission’s decision on the proposed service charges as set forth in Section
367.091(6), Florida Statutes (F.S.). The Commission has jurisdiction pursuant
to Sections 367.071 and 367.091, F.S.
Discussion
of Issues
Issue 1:
Should the transfer of Pine Harbour Water Utilities,
LLC water system and Certificate No. 450-W to Pine Harbour Waterworks, Inc. be
approved?
Recommendation:
Yes.
The transfer of the water system and Certificate No. 450-W is in the public
interest and should be approved effective the date of the Commission vote. The
resultant order should serve as the Buyer’s certificate and should be retained
by the Buyer. The existing rates and charges should remain in effect until a
change is authorized by the Commission in a subsequent proceeding. The tariffs
reflecting the transfer should be effective for services rendered or
connections made on or after the stamped approval date on the tariffs pursuant
to Rule 25-30.475, F.A.C. PHWUL will be responsible for paying RAFs through
June 29, 2016, and the Buyer will be responsible for paying RAFs after June 29,
2016, and all future years. The Buyer should be responsible for filing the 2016
Annual Report and all future Annual Reports. (Lewis, Knoblauch, Andrews,
Friedrich,)
Staff Analysis:
On July 13, 2016, Pine Harbour
Waterworks, Inc. filed an application for the transfer of Certificate No. 450-W
from Pine Harbour Water Utilities, LLC in Lake County. The application is in
compliance with Section 367.071, F.S., and Commission rules concerning applications
for transfer of certificates. The sale occurred on June 29, 2016, contingent
upon Commission approval, pursuant to Section 367.071(1), F.S.
Noticing,
Territory, and Land Ownership
On August 16,
2016, staff notified PHWI that its application was not in compliance with the
noticing provisions set forth in Section 367.071, F.S., and Rule 25-30.030,
Florida Administrative Code (F.A.C.) PHWI filed a corrected notice on
September 9, 2016. No objections to the transfer were filed, and the time for
doing so has expired. The application contains a description of the water
service territory which is appended to this recommendation as Attachment A. The
application also contains a copy of a quit claim deed that was executed on June
21, 2016, as evidence that the Applicant owns the land upon which the water
treatment facilities are located pursuant to Rule 25-30.037(2)(q), F.A.C.
Purchase Agreement and Financing
Pursuant to Rule 25-30.037(2)(i),
and (j), F.A.C., the application contains a statement regarding financing and a
copy of the purchase agreement, which includes the purchase price, terms of
payment, and a list of the assets purchased. There are no customer deposits,
guaranteed revenue contracts, developer agreements, customer advances, leases,
or debt of PHWUL that must be disposed of with regard to the transfer.
According to the purchase agreement, the total purchase price for the assets is
$34,000 with $30,600 paid at closing and the final payment of $3,400 being paid
within 30 days of Commission approval of the transfer. According to the Buyer,
the sale took place on June 29, 2016, subject to Commission approval, pursuant
to Section 367.071(1), F.S.
Facility Description and
Compliance
The water treatment system
consists of one well with a 6,000 gallon steel hydro pneumatic tank, a 10,000
gallon ground storage tank, and a liquid chlorination system used for
disinfection. The last Florida Department of Environmental Protection (DEP)
sanitary survey was conducted on September 16, 2015, and there was one
deficiency, which has been corrected. On October 20, 2015, DEP deemed the Utility
was in compliance with applicable rules.
Technical and Financial
Ability
Pursuant to Rule 25-30.037(2)(l),
F.A.C., the application contains statements describing the technical and
financial ability of the Applicant to provide service to the proposed service
area. According to the application, the Buyer has considerable Florida-specific
expertise in private utility ownership. The President and Vice President have
over 30 and 38 years, respectively, of experience operating or owning water
utilities, including a number of utilities previously regulated by the
Commission. In addition, the directors are part owners of other systems
regulated by the Commission, including Harbor Waterworks, Inc.,[6] Lakeside
Waterworks, Inc.,[7] LP
Waterworks, Inc.,[8] Raintree
Waterworks, Inc.,[9]
Brendenwood Waterworks, Inc.,[10] Country
Walk Utilities, Inc.,[11] Lake
Idlewild Utility Company, Black
Bear Reserve Water Corporation,[13] and
several of the systems previously owned by Aqua Utilities Florida, Inc.[14] The
application also indicates that both the President and Vice President have
controlled service delivery to more than 850 water and wastewater facilities
within Florida during their careers. Further, the
application indicates that the President has secured the services of U.S. Water
Services Corporation to provide contract operating service, as well as, billing
and collection services. Staff also reviewed the personal financial statements of
the three primary shareholders, which includes the President and Vice
President.[15]
Based on the above, staff believes the Buyer has demonstrated the technical and
financial ability to provide service to the existing service territory.
Rates
and Charges
The Utility’s
rates and charges were last approved in an original certificate case in 1986. Subsequently,
the rates were amended by several price index and pass through adjustments. The
Utility’s existing rates are shown on Attachment B. Rule 25-9.044(1), F.A.C.,
provides that, in the case of a change of ownership or control of a utility,
the rates, classifications, and regulations of the former owner must continue
unless authorized to change by this Commission. Therefore, staff recommends
that the Utility’s existing rates and charges remain in effect until a change
is authorized by this Commission in a subsequent proceeding.
Regulatory
Assessment Fees and Annual Reports
Staff has verified that the
Utility is current on the filing of Annual Reports and RAFs through December
31, 2015. PHWUL will be responsible for paying RAFs through June 29, 2016, and
the Buyer will be responsible for paying RAFs after June 29, 2016, and all
future years. The Buyer should be responsible for filing the 2016 Annual Report
and all future Annual Reports.
Conclusion
Based on the foregoing, staff
recommends that the transfer of the water system and Certificate No. 450-W is
in the public interest and should be approved effective the date of the
Commission vote. The resultant order should serve as the Buyer’s certificate
and should be retained by the Buyer. The existing rates and charges should
remain in effect until a change is authorized by the Commission in a subsequent
proceeding. The tariffs reflecting the transfer should be effective for
services rendered or connections made on or after the stamped approval date on
the tariffs pursuant to Rule 25-30.475, F.A.C.
Issue 2:
What are the appropriate initial customer deposits
for Pine Harbour Waterworks, Inc.
water service?
Recommendation:
The appropriate water initial customer deposit
should be $56 for the residential 5/8” x 3/4” meter size. The initial customer
deposits for all other residential meter sizes should be two times the average
estimated bill for water service. The approved
initial customer deposits should be effective for connections made on or after
the stamped approval date on the tariff sheet pursuant to Rule 25-30.475,
F.A.C. (Friedrich)
Staff Analysis:
Rule 25-30.311, F.A.C., contains the
criteria for collecting, administering, and refunding customer deposits.
Customer deposits are designed to minimize the exposure of bad debt expense for
a utility and, ultimately, the general body of ratepayers. Historically, the
Commission has set initial customer deposits equal to two times the average
estimated bill.[17]
Currently, initial customer deposits are not in place. Based on the average
water demand, the appropriate initial customer deposit should be $56 to reflect
an average residential customer bill for two months.
Based
on the above, staff recommends that the appropriate water initial
customer deposit should be $56 for the residential 5/8” x 3/4” meter size. The
initial customer deposits for all other residential meter sizes should be two
times the average estimated bill for water service. The
approved initial customer deposits should be effective for connections made on
or after the stamped approval date on the tariff sheet pursuant to Rule
25-30.475, F.A.C.
Issue 3:
Should the Commission approve Pine Harbour Waterworks, Inc.’s
request to implement a convenience charge for customers who opt to pay their
water bill by debit or credit card online or by telephone?
Recommendation:
Yes. PHWI’s request to
implement a convenience charge of $2.60 for customers who opt to pay their
water bill by debit or credit card online or by way of telephone should be
approved. The charge should be effective for services rendered on or after the
stamped approval date on the tariff pursuant to Rule 25-30.475, F.A.C. In
addition, the approved charge should not be implemented until staff has
approved the proposed customer notice and the notice has been received by the
customers. PHWI should provide proof of the date that the notice was given
within 10 days of the date of the notice. (Friedrich)
Staff Analysis:
Section 367.091, F.S.,
authorizes the Commission to establish, increase, or change a rate or charge
other than monthly rates or service availability charges. Currently, PHWI
accepts and processes credit card payment transactions online through a website.
As indicated in PHWI’s request, the payments are processed by Opus 21
Management Solutions, PHWI’s outside vendor, which utilizes its merchant with
TD Bank. PHWI has been absorbing the transaction costs, and has not passed on
these costs to its customers. Therefore, PHWI is requesting to amend its tariff
sheet to include a $2.60 convenience fee to recover the cost incurred for the
bank and credit card company fee, debit or credit card processing by telephone
or online, and PHWI staff time required for processing the transactions. As
required by Section 367.091, F.S., PHWI’s cost analysis breakdown for its
requested charge is shown below, in table 4-1.
Table 4-1
Convenience Charge Cost
Justification
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Activity
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Cost
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Bank and
credit card company fee
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$1.60
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1-Transact
gateway fee per transaction (Opus21)
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$.60
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Telephonic
processing fee (TD Bank)
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$.10
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Authorization
fee (TD Bank)
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$.05
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Monthly
telephonic account
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$.07
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Accounting
staff
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$.09
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Clerical staff
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$.09
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Total
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$2.60
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The Commission
recently approved a convenience charge of $2.60 for Brevard Waterworks, Inc.,
LP Waterworks, Inc., and Lakeside Waterworks, Inc., among others.[18] The
aforementioned Utilities, as well as PHWI, are all managed by U.S. Water
Corporation and the administrative costs for the convenience charge are the
same. Staff believes that PHWI’s requested convenience charge of $2.60 is
reasonable. The requested charge benefits the customers by allowing them to
expand their payment options. Furthermore, this fee will insure PHWI’s
remaining customers do not subsidize those customers who choose to pay using
this option.
Conclusion
Based on the above, staff
recommends that PHWI’s request to implement a convenience charge of $2.60 for
customers who opt to pay their water bill by debit or credit card should be
approved. The charge should be effective for services rendered on or after the
stamped approval date on the tariff pursuant to Rule 25-30.475, F.A.C. In
addition, the approved charge should not be implemented until staff has
approved the proposed customer notice and the notice has been received by the
customers. PHWI should provide proof of the date that the notice was given within
10 days of the date of the notice.
Issue 4:
Should
Pine Harbour Waterworks, Inc. be authorized to collect Non-Sufficient Funds
Charges (NSF)?
Recommendation:
Yes. PHWI
should be authorized to collect NSF charges. Staff recommends that PHWI revise
its tariffs to reflect the NSF charges currently set forth in Section 68.065,
F.S. The NSF charges should be effective on or after the stamped approval date
on the tariff sheets pursuant to Rule 25-30.475(1), F.A.C. Furthermore, the
charges should not be implemented until staff has approved the proposed
customer notice. PHWI should provide proof of the date the notice was given
within 10 days of the date of the notice. (Friedrich)
Staff
Analysis:
Section 367.091, F.S., requires rates, charges, and customer
service policies to be approved by the Commission. The Commission has authority
to establish, increase, or change a rate or charge. Staff believes that PHWI
should be authorized to collect NSF charges consistent with Section 68.065,
F.S., which allows for the assessment of charges for the collection of
worthless checks, drafts, or orders of payment. As currently set forth in
Section 68.065(2), F.S., the following NSF charges may be assessed:
(1) $25,
if the face value does not exceed $50,
(2) $30, if the face value exceeds
$50 but does not exceed $300,
(3) $40, if the face value exceeds
$300,
(4) or five percent of the face
amount of the check, whichever is greater.
Approval of NSF charges is
consistent with prior Commission decisions.[19]
Furthermore, NSF charges place the cost on the cost-causer, rather than
requiring that the costs associated with the return of the NSF checks be spread
across the general body of ratepayers. As such, PHWI should be authorized to
collect NSF charges for its water system. Staff recommends that PHWI revise its
tariff sheet to reflect the NSF charges currently set forth in Section 68.065,
F.S. The NSF charges should be effective on or after the stamped approval date
on the tariff sheet pursuant to Rule 25-30.475(1), F.A.C. Furthermore, the NSF
charges should not be implemented until staff has approved the proposed
customer notice. PHWI should provide proof of the date the notice was given
within 10 days of the date of the notice.
Issue 5:
What
is the appropriate net book value for the Pine Harbour Water Utilities, LLC
water system for transfer purposes and should an acquisition adjustment be
approved?
Recommendation: The net book value of the water system
for transfer purposes is $23,698 as of June 29, 2016. An acquisition adjustment
should not be included in rate base. Within 90 days of the date of the final
order, PHWI should be required to notify the Commission in writing, that it has
adjusted its books in accordance with the Commission’s decision. The
adjustments should be reflected in PHWI’s 2016 Annual Report when filed.
(Andrews)
Staff
Analysis:
Rate base was last established as of April
12, 1990.
The purpose of establishing net book value (NBV) for
transfers is to determine whether an acquisition adjustment should be approved.
The NBV does not include normal ratemaking adjustments for used and useful
plant or working capital. The NBV has been updated to reflect balances as of June
29, 2016. Staff’s recommended NBV, as described below, is shown on Schedule No. 1.
Utility
Plant in Service (UPIS)
The general
ledger reflected water utility plant in service (UPIS) balance of $130,485.
Staff reviewed UPIS additions since the last rate case proceeding and has
decreased UPIS by $43,924 to reflect unsupported plant additions. Therefore,
staff recommends that the UPIS balance as of June 29, 2016, should be $86,561.
Land
The general ledger reflected a land balance of $5,000. In
Order No. 24273, issued March 21, 1991, the Commission established the value of
the land to be $5,000. There have been no additions to land purchased since
that order was issued. Therefore, staff
recommends a land balance of $5,000, as of June 29, 2016.
Accumulated
Depreciation
The general ledger reflected an
accumulated depreciation balance of $104,887. Based
on the UPIS adjustment discussed earlier, staff calculated the
appropriate accumulated depreciation balance to be $67,863. As a result,
accumulated depreciation should be decreased by $37,024 to reflect an
accumulated depreciation balance of $67,683 as
of June 29, 2016.
Contributions-in-Aid-of-Construction
(CIAC) and Accumulated Amortization of CIAC
As of June 29, 2016, the general
ledger reflected a CIAC balance of $0; and an accumulated amortization of CIAC
balance of $0. The CIAC balance should be $56,883, and it is fully amortized
based on the Commission approved balances in Order No. 24273. As such, staff
increased CIAC and accumulated amortization of CIAC by $56,883 to reflect the
appropriate Commission approved balance. Therefore, staff recommends a CIAC
balance of $56,883 and an accumulated amortization of CIAC balance of $56,883
as of June 29, 2016.
Net Book Value
The general ledger reflected a
NBV of $30,598. Based on the adjustments described above, staff recommends that
the NBV is $23,698. Staff’s recommended NBV and the National Association of
Regulatory Utility Commissioners, Uniform System of Accounts (NARUC USOA)
balance for UPIS and accumulated depreciation are shown on Schedule No. 1, as
of June 29, 2016.
Acquisition Adjustment
An acquisition adjustment results
when the purchase price differs from the NBV of the assets at the time of the
acquisition. The utility assets were purchased for $34,000. As stated above,
staff has determined the appropriate NBV total to be $23,698. Pursuant to Rule
25-30.0371, F.A.C., a positive acquisition adjustment may be appropriate when
the purchase price is greater than the NBV, and a negative acquisition
adjustment may be appropriate when the purchase price is less than NBV. However,
pursuant to Rule 25-30.0371(2),
F.A.C., a positive acquisition adjustment shall not be included in rate base
unless there is proof of extraordinary circumstances. The Buyer did not request
a positive acquisition adjustment. As such, staff recommends that no positive
acquisition adjustment be approved.
Conclusion
Based on the above, staff
recommends that the NBV of PHWUL’s water system for transfer purposes is
$23,698 as of June 29, 2016. No acquisition adjustment should be included in
rate base. Within 90 days of the date of the final order, the Buyer should be
required to notify the Commission in writing, that it has adjusted its books in
accordance with the Commission’s decision. The adjustments should be reflected
in PHWI’s 2016 Annual Report when filed.
Issue 6:
Should
this docket be closed?
Recommendation: The docket should remain open
pending staff’s verification that the revised tariff sheets and customer notice
have been filed by Pine Harbour Waterworks, Inc. and approved by staff. If a
protest is filed within 21 days of the issuance date of the Order, the tariff
sheets should remain in effect with the charges held subject to refund pending
resolution of the protest. If no timely protest is filed, a consummating order
should be issued and, once staff verifies that the notice of the charge has
been given to customers, the docket should be administratively closed.
(Trierweiler)
Staff Analysis:
The
docket should remain open pending staff’s verification that the revised tariff
sheets and customer notice have been filed by Pine Harbour Waterworks, Inc. and
approved by staff. If a protest is filed within 21 days of the issuance date of
the Order, the tariff sheets should remain in effect with the charges held
subject to refund pending resolution of the protest. If no timely protest is
filed, a consummating order should be issued and, once staff verifies that the
notice of the charges has been given to customers, the docket should be
administratively closed.
Pine Harbour Waterworks, Inc.
Lake County
Description of Water Territory
The following described lands located in a portion of
Section 6, Township 19 South, Range 26 East, Lake County. From the N.E. comer
of Section 6, run West along the North line of Section 6 a distance 2,720 more
or less to the Point of Beginning (P.O.B.). From the P.O.B. continue North
89"29'45' West, 975.50 feet to the Southerly Right-of-way of State Road
44; thence South 54" 12'40" West along said Southerly Right of-way,
44.47 feet to the Easterly Right-of-way of District road No. 5-5942 (Woodlyn
Road); thence South 00'34'55" West, along said Easterly Right-of-way
992.43 feet; thence south 89"53'30" East, 1562.90 feet; thence North
00'06'30" East, 188.00 feet; thence North 27"55'02" West, 198.70
feet ; thence North 29"53'30" West I 00.00 feet; thence North
26"38'55", 243.02 feet; thence North 62"39'26" West, 297.75
feet; thence North 06"55'19" West, 209.76 feet to the P.O.B.
FLORIDA PUBLIC SERVICE COMMISSION
Authorizes
Pine Harbour Waterworks, Inc.
Pursuant to
Certificate Number 450-W
To provide water service in Lake
County in accordance with the provisions of Chapter 367, Florida Statutes,
and the Rule, regulations, and Orders of this Commission in the territory
described by the Orders of this Commission. This authorization shall remain in
force and effect until superseded, suspended, cancelled or revoked by Order of
this Commission.
Order Number Date Issued Docket Number Filing Type
Order No. 15285 10/22/1985 850417-WU Original Certificate
Order No. 24273 03/21/1991 900525-WU Transfer of Certificate
PSC-08-0645-FOF-WU 10/06/2008 080269-WU Transfer
of Certificate
* * 160169-WU Transfer of Certificate
* Order Numbers and
dates to be provided at time of issuance
Pine Harbour Water Utilities, LLC
Monthly Water Rates
|
Residential
|
|
|
|
Base
Facility Charge by Meter Size
|
|
|
|
5/8”
x 3/4"
|
|
$17.28
|
|
3/4"
|
|
$25.92
|
|
1"
|
|
$43.22
|
|
1
1/2"
|
|
$86.41
|
|
2"
|
|
$138.27
|
|
3"
|
|
$276.51
|
|
4"
|
|
$432.04
|
|
|
|
|
|
Charge
Per 1,000 gallons – Residential Service
|
|
$2.17
|
|
|
|
|
|
Miscellaneous
Service Charges
|
|
|
|
|
|
|
Business
Hours
|
After
Hours
|
|
|
|
|
|
Initial
Connection Charge
|
$22.00
|
$43.00
|
|
Normal
Reconnection Charge
|
$22.00
|
$43.00
|
|
Violation
Reconnection Charge
|
$22.00
|
$43.00
|
|
Premises
Visit Charge (in lieu of disconnection)
|
$22.00
|
$43.00
|
|
Late Payment
|
$5.00
|
|
NSF Check Charge
|
Pursuant to Section
68.065,F.S.
|
|
|
|
|
|
|
|
Meter Tampering Charge
|
Actual Cost
|
|
Investigation of Meter Tampering Charge
|
$50.00
|
|
Service
Availability Charges
|
|
|
|
|
|
Meter
Installation Charge
|
|
|
|
All
meter sizes
|
|
$82.00
|
|
Pine Harbour Water Utilities,
LLC.
|
|
Water System
|
|
Schedule of Net Book Value as
of June 29, 2016
|
|
|
|
|
|
Description
|
Balance Per
Utility
|
Adjustments
|
Staff Recommendation
|
|
Utility Plant in Service
|
$130,485
|
($43,924)
|
$86,561
|
|
Land & Land Rights
|
5,000
|
0
|
5,000
|
|
Accumulated Depreciation
|
(104,887)
|
37,024
|
(67,863)
|
|
CIAC
|
0
|
(56,883)
|
(56,883)
|
|
Amortization of CIAC
|
0
|
56,883
|
56,883
|
|
|
|
|
|
Total
|
$30,598
|
($6,900)
|
$23,698
|
|
Explanation of Staff’s Recommended
|
|
Adjustments to Net Book Value as of June
29, 2016
|
|
Water System
|
|
Explanation
|
Amount
|
|
|
|
|
A.
Utility Plant in Service
|
|
|
To reflect appropriate amount of utility plant in service.
|
($43,924)
|
|
B.
Accumulated Depreciation
|
|
|
To reflect appropriate amount of accumulated depreciation.
|
$37,024
|
|
C.
Contributions-in-Aid-of-Construction (CIAC)
|
|
|
To reflect appropriate CIAC.
|
($56,883)
|
|
D.
Accumulated Amortization of CIAC
|
|
|
To reflect appropriate amount of accumulated amortization
of CIAC.
|
$56,883
|
|
|
|
|
Total Adjustments to Net Book Value as of June 29, 2016.
|
($6,900)
|
|
Pine Harbour Water Utilities, LLC
|
|
Water System
|
|
Schedule of Staff Recommended Account
Balances as of June 29, 2016
|
|
Account
|
|
|
Accumulated
|
|
No.
|
Description
|
UPIS
|
Depreciation
|
|
301
|
Organization
|
$500
|
($381)
|
|
304
|
Structures & Improvements
|
2,869
|
(584)
|
|
307
|
Wells & Springs
|
7,763
|
(6,613)
|
|
309
|
Supply Mains
|
6,885
|
(2,690)
|
|
311
|
Pumping Equipment
|
16,314
|
(16,314)
|
|
320
|
Water Treatment Equipment
|
350
|
(350)
|
|
330
|
Distribution Reservoirs & Standpipes
|
15,811
|
(11,328)
|
|
331
|
Transmission & Distribution Mains
|
22,468
|
(17,904)
|
|
333
|
Services
|
5,692
|
(4,871)
|
|
334
|
Meters & Meter Installations
|
3,362
|
(3,362)
|
|
335
|
Hydrants
|
4,547
|
(3,466)
|
|
|
Total
|
$86,561
|
($67,863)
|