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Public Utilities Annual Report for Rural Electric Cooperatives REV

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					                                                                                   Department of Revenue Use Only
                                                                    Extension      Postmarked    Date Received
                                                                    Date           Date




                                                                    Penalty Percent              5               10      25




                  PUBLIC UTILITIES ANNUAL REPORT

                    RURAL ELECTRIC COOPERATIVES
                                                 FOR THE STATE OF
                                                  WASHINGTON
                                                 FOR YEAR ENDING
                                            DECEMBER 31, 2010

                                Use the tab key to move through fill-in fields in this report.

      COMPANY

      ADDRESS




      IF A SUBSIDIARY, NAME OF PARENT




      PERSON TO CONTACT CONCERNING THIS REPORT
      NAME

      TITLE

      ADDRESS




      PHONE                                                         FAX

      EMAIL



                Contact information has changed.




REV 65 0030e (12/1/10)                                                                                                Page 1
                         STATE OF WASHINGTON ANNUAL REPORT
                          Rural Electric Cooperative Instructions
Annually, the Washington State Department of Revenue assesses the operating property of interstate and
intrastate public utilities and railroads in this state. Your company may meet the definition of a public utility
company operating in the state of Washington under RCW 84.12.200. As such, you may be required to file
an annual report with the Department of Revenue (RCW 84.12.230).

* Who must file?                                                6. Supply inventory: A monthly or year-end
   Interstate and intrastate public utilities, railroads,          dollar amount of supplies on land. Supplies are
   and airline companies who conducted operations or               defined as items consumed by a business which
   whose property was located in Washington State on               are not held for sale or items that do not become
   January 1, 2011 must file.                                      ingredients or components of an article being
                                                                   manufactured. Supplies also include fuel, oil,
* How and what do I file?
                                                                   spare parts, and expensed tools. If an inventory
   1. Complete in full the annual report to the best               is not available, submit the total purchase cost
      of your knowledge for the year ending                        for the calendar year.
      December 31, 2010.
   2. Please type or use blue or black ink when                 7. Lessee improvements: Cost, year, and
      completing the report.                                       description of all lessee tenant improvements
   3. Round all amounts to the nearest dollar.                     to real property.
   4. Explain any unusual or special entries,                  * What happens if I file late or fail to file?
      adjustments or discrepancies in your financial              Washington State law allows the Department
      data and records.                                           of Revenue to assess penalties for late or
   5. Explain the use of your property and any unique             incomplete reports or failure to submit an
      terms, definitions or costs.                                annual report (RCW 84.12.260). If an
   6. Computer forms may modify or replace pages in               annual report is filed incomplete or is filed
      the annual report IF they are in the same format            later than March 15 a 5% penalty shall be
      as the report. Include the same information as              added to the value of the company for every
      requested in the report. On the computer form,              30 days or fraction thereof; not to exceed
      indicate the annual report page(s) being                    10%, that the company fails to comply. The
      replaced. Firmly attach all added pages.                    Department will estimate the value of any
                                                                  company who has neglected or refused to file
* What other reports are required with my annual                  an annual report by June 30 and add a 25%
report?                                                           penalty to the value of such a company.
   1. Comparative statement of operating statistics by
   2. states. Report to investors, members, board of
      Annual                                                   * When and where do I file?
      directors as well as board of directors; meetings           All reports must be postmarked on or before
      for reporting year.                                         March 15, 2011, and sent to:
   3. Rural Electric Administration (REA) and/or                   Washington State Department of Revenue
      Cooperative Finance Corporation (CFC) Form 7.                Attn: Property Tax Division Utility Valuation Section
   4. Itemized asset or depreciation schedule of                   PO Box 47471
      furniture, fixtures, machinery and                           Olympia, WA 98504-7471
      equipment: Include a description of the asset,
      historical cost, freight and installation charges,       * Overnight mail address is:
      trade-in credits, and setup charges. Capitalized
                                                                   Washington State Department of Revenue
      leases and items fully depreciated or dispensed
                                                                   1025 E Union Suite 200
      that are still in use should be included in this list.
      If your accounting year-end is other than                    Olympia WA 98501
      December 31, submit your latest schedule of
      assets and copies of purchase invoices for the           * Can I Email my report?
      remainder of the year.                                       Yes. Or for secured messaging use the
    5. Leased equipment: A list of non-owned assets                Department's secure messaging service.
       including item description, original cost, year the         1. Log on at http://dor.wa.gov.
       lease started, and name and address of lessor.              2. My Account, Logon or Register Now.
                                                                   3. With an account you may email documents.

                                                               * If I have any questions, who should I call?
                                                                    Ha Haynes
                                                                    Phone - (360) 534-1418
                                                                    Fax No. - (360) 534-1380
                                                                    Email - hah@dor.wa.gov

     REV 65 0030e (12/1/10)                                                                                                Page 2
                               INDEX



Cover Page                                  1

Instructions                                2

Index                                       3

General Information                         4

Other Utility Plant                         5

Leased Real Property                        6

Leased Personal Property                    7

Land and Structures                         8

Structures on Leased Land                   9

State Allocation Report                     10

Vehicles, CWIP, M&S                         11

Computer Software - System                  12

Computer Software - State                   13

Statistical Data                            14

Intangible Personal Property                15

Verification Page                           16




REV 65 0030e (12/1/10)                 Page 3
                                   GENERAL INFORMATION
                                   Year ending December 31, 2010



Company Name:

  1 Exact name of respondent:

  2 Date of organization:

    Under laws of what government, state, or territory organized? If more than one, name all. Give
    specific reference to each statue and all amendments thereof:




  3 Please list any consolidations, mergers, reorganizations, changes in corporate name, etc., occurring
    during the year.




  4 State any changes in your service areas in Washington that have occurred during the year.




  5 State the counties, cities, towns, or districts served in Washington. Please attach service area map.




    REV 65 0030e (12/1/10)                                                                        Page 4
                                                  OTHER UTILITY PLANT
                                                   Accounts 102 to 107
                                                Year ending December 31, 2010



* Please distinguish transfers from retirements by use of asterisk.
                                                    Cost                                    Cost                   Depreciation   Depreciation
Line                                                                       Retirements              Current Year
                                                Beginning of   Additions                   End of                  Reserve End    Cost End of
 No                                                                        or Transfers*            Depreciation
                                                    Year                                    Year                     of Year          Year

102 Electric Plant Purchased or Sold:
       Transmission & distribution lines:
       Land, buildings, improvements:
                           Total Account 102:


103 Electric Utility Plant - Experimental:
       Land, buildings, improvements:
                           Total Account 103:


104 Electric Plant Leased to Others:
       Transmission & distribution lines:
       Land, buildings, improvements:
                           Total Account 104:


105 Electric Plant Held for Future Use:
       Transmission & distribution lines:
       Land, buildings, improvements:
                           Total Account 105:


106 Completed Construction not Classified:
       Transmission & distribution lines:
       Land, buildings, improvements:
                           Total Account 106:


107 Construction Work in Progress:
       Land, buildings, improvements:
                           Total Account 107:




         REV 65 0030e (12/1/10)                                                                                               Page 5
        LEASES OF REAL OR PERSONAL PROPERTY OWNED BY
                     Any Government Agency
                           Report for year ending December 31, 2010

The Washington State property tax laws require the Department of Revenue to centrally assess
intercounty utility companies and railroads. With the enactment of Chapter 82.29A, Leasehold
Excise Tax (1975 - 1976 2nd ex. s. C61.1.), the Department is also responsible for the
administration and collection of a 12.84% excise tax on leasehold interests for the occupancy or use
of publicly owned real or personal property.


As provided by RCW 82.29A.130, Exemptions, all leasehold interests constituting a part of the
operating properties of any public utility which is assessed and taxed as a public utility pursuant to
Chapter 84.12 RCW are exempt from the excise tax.


This publication is a “Master” for reporting all leases (including pole contacts) of public utility
properties specifically exempted from the 12.84% excise tax. Please report all such leases for real
or personal property located on federal, state, and local government property.


       Company Name:
          Lessee Name:
        Name of Lessor:
     Address of Lessor:
      Property Location:
    Legal Description of Property:


        Use of Property:
  Restrictions on Use of Property:
 Current Contract Rent:
         Type of Lease:
         Effective Date:
        Expiration Date:
    Renegotiation Date:
     Options to Renew:
 Information About Reversion of Improvements:



Did your company pay a leasehold excise tax for this property?            Yes      No

If yes, please enclose a copy of your tax statement.

Additional Information:




REV 65 0030e (12/1/10)                                                                           Page 6
                      LEASED PERSONAL PROPERTY REPORT
                              Schedule B - Electric
                                 Year ending December 31, 2010

Company Name:

Report personal property leased by the reporting company when ALL of the following conditions are met:
         1. The reporting company is the lessee.
         2. The property is used in the utility operations of the reporting company.
         3. The reporting company is obligated to report and pay property taxes on said property.


                                                                                  County
                                     Year     Year    New or            Monthly              Tax Code
 Lessor   Description of Property                                Cost             Where
                                     Built   Leased    Used              Rental                Area
                                                                                  Located




   REV 65 0030e (12/1/10)                                                                     Page 7
                     WASHINGTON LAND AND STRUCTURES REPORT
                          By Counties and Tax Code Areas
                                        Year ending December 31, 2010
WAC 458-50-120 states that notification to this Department of property acquisitions and changes shall be
made within ninety days of the effective date of such transfer. Please list below "all" TCO's and the Total
Historical Costs for current operating properties. To establish a TCO Number for any new or omitted
properties, please send a request stating the use of the property, a copy of the excise statement, and the
deed.

Note: The Apportionment Report (U30) for Plant Equipment, Materials and Supplies, and CWIP
(which we will provide later) is due by June 1 as Part II of this Annual Report. Lists received
after that date will be penalized 25 percent in the final value letter sent on August 22.
Extension requests must be made by June 1 (30 day maximum).
                      * If structures are on leased land, please list on page 10.

                                                                                                   Total
               TCO #, Description, Site Address with City &
  County                                                               Land       Structures     Historical
                         Zipcode, or Lat/Long
                                                                                                    Cost

                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                            -             -             -
                                                                          -               -             -
                                         (make additional copies as needed)

    REV 65 0030e (12/1/10)                                                                         Page 8
                      STRUCTURES ON LEASED LAND REPORT
                         By Counties and Tax Code Areas
                                  year ending December 31, 2010
Please list below "all" operating structures on leased land and the Total Historical Costs for current
operating properties. Do not include this same data as Plant Equipment on the Apportionment Report.

Note: The Apportionment Report (U30) for Plant Equipment, Materials and Supplies, and CWIP
(which we will provide later) is due by June 1 as Part II of this Annual Report. Lists received
after that date will be penalized 25 percent in the final value letter sent on August 22.
Extension requests must be made by June 1 (30 day maximum).

                                                                                                Check if
                   Legal Description, Site Address,              Leased       Historical Cost
 County                                                                                         New for
                    Sec/Twp/Range, or Lat/Long                    Land          Structures
                                                                                                 2010
                                                              (leave blank)              -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                                                                         -
                                    (make additional copies as needed)




    REV 65 0030e (12/1/10)                                                                       Page 9
                                  STATE ALLOCATION REPORT
                                     Schedule C - Electric
                                     Year ending December 31, 2010

Company Name:


                                               State of    State of   State of   System
                                              Washington                          Total
Intangible                  (301-303 incl)
Production - Steam          (310-316 incl)
Production - Nuclear        (320-325 incl)
Production - Hydraulic      (330-336 incl)
Production - Other          (340-346 incl)
Transmission                (350-359 incl)
Distribution                (360-374 incl)
General                     (389-399 incl)
Completed const - Not classified (106)
   (Total electric plants in service)
Electric plant held for future use (105)
Construction work in progress      (107)
Materials/Supplies     (151-154, 157,163)
Nuclear fuel           (120, 1-120, 5 incl)
Contributions in aid of const      (271)
Leased property (Identify w/footnote)
Operating revenues              (400, 414)
Operating expenses        (401-411.7 incl)
          (Net operating income)
Taxes other than income taxes (408.1)
Statistical allocation factors: List in units indicated
Generation MKWH           (incl standby)
Generation KW capacity (incl standby)
Power sold MKWH                 (440-445)




     REV 65 0030e (12/1/10)                                                      Page 10
                             ADDITIONAL INFORMATION
                                Schedule D - Electric
                              Year ending December 31, 2010

Company Name:



Licensed vehicles: (1)                                            System   Washington
      Historical cost
      Depreciation accrued
      Historical cost less depreciation

Estimated contributions in aid of construction
       Balance beginning of year
       Amounts received this year (Net)
      Total contributions in aid of construction

Construction work in progress:
      Replacement
      Growth
                                                       Total

Unclassified completed construction or experimental plant (Explain)



Materials and supplies:
      Replacement (2)
      Growth (3)
                                                       Total

Locally assessed property:




REV 65 0030e (12/1/10)                                                           Page 11
                               COST OF COMPUTER SOFTWARE
                                       Total System
                                    Year ending December 31, 2010




  CANNED SOFTWARE                                   Capitalized Software               Expensed Software
                                                         Accrued         Historic Cost
   Software Acquired in the:          Historic Cost                                     Acquisition Cost
                                                       Depreciation Less Depreciation
* 1st Year Preceding the
Assessment Year                               -                -                  -                    -
* 2nd Year Preceding the
Assessment Year                               -                -                  -                    -
*3rd Year & Older Year Preceding
the Assessment Year                           -                -                  -                    -

                           TOTALS             -                -                  -                    -

"Canned" or "Off-the-Shelf" Software: Is typically marketed in the form of a packaged product
distributed by retail sources. Most canned software is for mini or mainframe use and is distributed by the
developer or licensee of the developer. An example of a canned software program would be a personal
computer word processing program such as Microsoft Word.


  CUSTOM SOFTWARE                                   Capitalized Software               Expensed Software
                                                         Accrued         Historic Cost
   Software Acquired in the:          Historic Cost                                     Acquisition Cost
                                                       Depreciation Less Depreciation
* 1st Year Preceding the
Assessment Year                                                                                        -
* 2nd Year Preceding the
Assessment Year                                                                                        -
*3rd Year & Older Year Preceding
the Assessment Year                                                                                    -

                           TOTALS             -                -                  -                    -


"Custom" Software: Is developed with the assistance of in-house or third-party programmers who
adapt existing programs or write new programs to meet the user's unique needs. In most cases, custom
software is specific to the user and is not available throughout normal retail channels. An example of
custom software would be a program specially designed for a business to handle its unique billing and
record keeping requirements.


"Embedded" Software: Can either be distributed as a part of the machine with which it operates or it
can be distributed on an intermediate media (typically magnetic) and then loaded onto the machine.
Embedded software is software that is actually part of the machine or product; internal memory device
(typically a memory chip or a hard disk) contain the software. Often, embedded software is invisible to
the actual user. Examples of embedded software would be the software that runs a hand-held electronic
calculator or a video game and the BIOS (basic input and output) software resident on all
microprocessors. Embedded software is 100% taxable.


      REV 65 0030e (12/1/10)                                                                      Page 12
                            COST OF COMPUTER SOFTWARE
                         Physically located in Washington State
                                       Year ending December 31, 2010


   CANNED SOFTWARE                                     Capitalized Software               Expensed Software
                                                            Accrued         Historic Cost
   Software Acquired in the:             Historic Cost                                     Acquisition Cost
                                                          Depreciation Less Depreciation
* 1st Year Preceding the Assessment
Year (100% Taxable)                              -               -                 -                   -
* 2nd Year Preceding the Assessment
Year (50% Taxable)                               -               -                 -                   -
*3rd Year & Older Year Preceding the
Assessment Year (100% Exempt)                    -               -                 -                   -
                          TOTALS                 -               -                 -                   -

"Canned" or "Off-the-Shelf" Software: Is typically marketed in the form of a packaged product
distributed by retail sources. Most canned software is for mini or mainframe use and is distributed by the
developer or licensee of the developer. An example of a canned software program would be a personal
computer word processing program such as Microsoft Word.


   CUSTOM SOFTWARE                                     Capitalized Software               Expensed Software
                                                            Accrued         Historic Cost
   Software Acquired in the:             Historic Cost                                     Acquisition Cost
                                                          Depreciation Less Depreciation
* 1st Year Preceding the Assessment
Year (100% Exempt)                                                                                     -
* 2nd Year Preceding the Assessment
Year (100% Exempt)                                                                                     -
*3rd Year & Older Year Preceding the
Assessment Year (100% Exempt)                                                                          -
                          TOTALS                 -               -                 -                   -

"Custom" Software: Is developed with the assistance of in-house or third-party programmers who
adapt existing programs or write new programs to meet the user's unique needs. In most cases, custom
software is specific to the user and is not available throughout normal retail channels. An example of
custom software would be a program specially designed for a business to handle its unique billing and
record keeping requirements.


"Embedded" Software: Can either be distributed as a part of the machine with which it operates or it
can be distributed on an intermediate media (typically magnetic) and then loaded onto the machine.
Embedded software is software that is actually part of the machine or product; internal memory device
(typically a memory chip or a hard disk) contain the software. Often, embedded software is invisible to
the actual user. Examples of embedded software would be the software that runs a hand-held electronic
calculator or a video game and the BIOS (basic input and output) software resident on all
microprocessors. Embedded software is 100% taxable.




       REV 65 0030e (12/1/10)                                                                      Page 13
                             STATISTICAL DATA
                    Miles of Electric Line at Close of Year
                             Year ending December 31, 2010

 Company Name:

                          Type of Line                                Pole Miles of Line
                    Number of           Conductors
     Voltage          Phases       Number of Size and Kind          System       Washington




                  Total Miles of Electric Line at Close of Year              0                  0

               NUMBER OF CUSTOMERS SERVED AT CLOSE OF YEAR

 Number of customers should be reported on the basis of number of meters, plus number of flat
 rate accounts (except where separate meter readings are added for billing purposes, one
 customer should be counted for each group of meters so added). The average of customers
 means the average of the 12 figures at the close of each month.

       SYSTEM:

WASHINGTON:




REV 65 0030e (12/1/10)                                                                     Page 14
                                  INTANGIBLE PERSONAL PROPERTY
                                          System and Washington

Under rules effective for 2007, intangible personal property must be separately identified and valued in order to
be considered for exemption. We will consider the information provided on this page when determining the
value of the taxable property. In addition to the data below, you may provide data about income, expenses,
and capitalization rates associated with intangible personal property. Please provide this data in a separate
document that includes a clear explanation of the data so that we may consider it when appraising the property.
Note: Goodwill accounts may contain exempt intangible personal property that may be considered
exempt if identified and valued. "Goodwill,” of itself, is not a statutorily identified item of exempt
personal property. In order to be exempt, it must be separately identified and valued, as stated in
subsection (3) of WAC 458-50-160.

   Software is not considered intangible under Washington law and should be reported on the software page.
        Consult WAC 458-50-160 for guidance regarding exempt intangible personal property.
                      Find the full text of the rules at the following web site:
                      http://search.leg.wa.gov/pub/textsearch/default.asp.


                            INTANGIBLE PERSONAL PROPERTY LISTING
                                                                                       Taxpayer's Estimate of
   Asset Description        Age    Life     Cost      Amortization      Net Cost
                                                                                         Fair Market Value*




                   Totals                                                          0                            0
*Provide documentation or support for market value estimates.
      REV 65 0030e (12/1/10)                                                                       Page 15
                         WASHINGTON STATE ANNUAL REPORT
                                   Verification
                                  For year ending December 31, 2010



    The president, other responsible officer of the respondent, or an authorized representative
    must verify the foregoing report.

    I declare under the penalty of perjury under the laws of the State of Washington that (a) I
    am authorized to verify this return for and on behalf of the respondent and (b) this return
    (including any accompanying schedules and statements) has been examined by me and,
    to the best of my knowledge and belief, is a true, correct and complete return.



    Electronic Filing (email)
    The act of submitting annual report materials electronically is considered affirmation that
    under the penalty of perjury under the laws of the State of Washington that (a) I am
    authorized to verify this return for and on behalf of the respondent and (b) this return
    (including any accompanying schedules and statements) has been examined by me and,
    to the best of my knowledge and belief, is a true, correct and complete return.




    Print or Type Name




    Signature                                                        Title




       of the
                                         (Full Name of Reporting Company)




        Date                                                     Phone No.




    City and State of Execution




REV 65 0030e (12/1/10)                                                                            Page 16

				
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