Ave Maria Utility Company LLLP - Annual Report - Year ended December 31, 2022 CLASS "A" OR "B"
WATER AND/OR WASTEWATER UTILITIES
(Gross Revenue of More Than $200,000 Each)
ANNUAL REPORT
OF
Ave Maria Utility Company LLLP
Exact Legal Name of Respondent
06W / 09S
Certificate Number(s)
Submitted To The
COLLIER COUNTY
WATER AND
WASTEWATER
AUTHORITY
FOR THE
YEAR ENDED DECEMBER 31, 2022
Form PSC 1032 (5/22)
GENERAL INSTRUCTIONS
1. Prepare this report in conformity with the 1996 National Association of Regulatory Utility Commissioners Uniform
System of Accounts for Water and/or Wastewater Utilities(USOA).
2. Interpret all accounting words and phrases in accordance with the USOA.
3. Complete each question fully and accurately,even if it has been answered in a previous annual report. Enter the
word"None" where it truly and completely states the fact.
4. For any question,section,or page which is not applicable to the respondent,enter the words "Not Applicable." Do
not omit any pages.
5. Where dates are called for,the month and day should be stated as well as the year.
6. All schedules requiring dollar entries should be rounded to the nearest dollar unless otherwise specifically indicated.
7. Complete this report by means which result in a permanent record,such as by computer or typewriter.
8. If there is not enough room on any schedule,an additional page or pages may be added,provided the format of the
added schedule matches the format of the schedule with not enough room. Such a schedule should reference the
appropriate schedules,state the name of the utility,and state the year of the report.
9. If it is necessary or desirable to insert additional statements for the purpose of further explanation of schedules,
such statement should be made at the bottom of the page or an additional page inserted. Any additional pages
should state the name of the utility,the year of the report,and reference the appropriate schedule.
10. For water and wastewater utilities with more than one rate group and/or system,water and wastewater pages
should be completed for each rate group and/or system group. These pages should be grouped together and tabbed
by rate group and/or system.
11. All other water and wastewater operations not regulated by the Commission and other regulated industries
should be reported as"Other than Reporting Systems."
12. Financial information for multiple systems charging rates which are covered under the same tariff should
be reported as one system. However,the engineering data must be reported by individual system.
13. For water and wastewater utilities with more than one system,one(1)copy of workpapers showing the
consolidation of systems for the operating sections,should be filed with the annual report.
14. The report should be filled out in quadruplicate and the original and two copies returned by April 30,of the year
following the date of the report.The report should be emailed to AnnualReport@psc.state.fl.us or mailed to:
Executive Director
Collier County Water and Wastewater Authority
Collier County Government-CDES Division
2800 North Horseshoe Drive,Naples,FL 34104
The fourth copy should be retained by the utility.
TABLE OF CONTENTS
SCHEDULE PAGE SCHEDULE PAGE
EXECUTIVE SUMMARY
Verification E-1 Business Contracts With Officers, Directors
General Information E-2 and Affiliates E-7
Directory of Personnel Who Contact the FPSC E-3 Affiliation of Officers and Directors E-8
Company Profile E-4 Businesses Which Are A Byproduct, Coproduct
Parent/Affiliate Organization Chart E-5 or Joint Product of Providing Service E-9
Compensation of Officers&Directors E-6 Business Transactions With Related Parties
-Part l and II E-10
FINANCIAL SECTION
Comparative Balance Sheet- Unamortized Debt Discount/Expense/Premium F-13
Assets and Other Debits F-1 Extraordinary Property Losses F-13
Comparative Balance Sheet- Miscellaneous Deferred Debits F-14
Equity Capital and Liabilities F-2 Capital Stock F-15
Comparative Operating Statement F-3 Bonds F-15
Schedule of Year End Rate Base F-4 Statement of Retained Earnings F-16
Schedule of Year End Capital Structure F-5 Advances From Associated Companies F-17
Capital Structure Adjustments F-6 Long Term Debt F-17
Utility Plant F-7 Notes Payable F-18
Utility Plant Acquisition Adjustments F-7 Accounts Payable to Associated Companies F-18
Accumulated Depreciation F-8 Accrued Interest and Expense F-19
Accumulated Amortization F-8 Misc.Current and Accrued Liabilities F-20
Regulatory Commission Expense- Advances for Construction F-21
Amortization of Rate Case Expense Other Deferred Credits F-21
Nonutility Property F-9 Contributions In Aid Of Construction F-22
Special Deposits F-9 Accum.Amortization of C.I.A.C. F-23
Investments and Special Funds F-10 Reconciliation of Reported Net Income with
Accounts and Notes Receivable-Net F-11 Taxable Income For Federal Income Taxes F-23
Accounts Receivable From Associated Companies F-12
Notes Receivable From Associated Companies F-12
Miscellaneous Current and Accrued Assets F-12
TABLE OF CONTENTS
SCHEDULE PAGE SCHEDULE PAGE
WATER OPERATION SECTION
Listing of Water System Groups W-1 CIAC Additions/Amortization W-8
Schedule of Year End Water Rate Base W-2 Water Operating Revenue W-9
Water Operating Statement W-3 Water Utility Expense Accounts W-10
Water Utility Plant Accounts W-4 Pumping and Purchased Water,
Basis for Water Depreciation Charges W-5 Source Supply W-11
Analysis of Entries in Water Depreciation Water Treatment Plant Information W-12
Reserve W-6 Calculation of ERC's W-13
Contributions in Aid of Construction W-7 Other Water System Information W-14
WASTEWATER OPERATION SECTION
Listing of Wastewater System Groups S-1 Contributions in Aid of Construction S-7
Schedule of Year End Wastewater Rate Base S-2 CIAC Additions/Amortization S-8
Wastewater Operating Statement S-3 Wastewater Operating Revenue S-9
Wastewater Utility Plant Accounts S-4 Wastewater Utility Expense Accounts S-10
Analysis of Entries in Wastewater Depreciation Calculation of ERC's S-11
Reserve S-5 Wastewater Treatment Plant Information S-12
Basis for Wastewater Depreciation Charges S-6 Other Wastewater System Information S-13
iii.
VERIFICATION OF ANNUAL REPORT
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company,LLLP December 31,2022
I HEREBY VERIFY,to the best of my knowledge and belief:
YES NO
/ 1. The utility is in substantial compliance with the Uniform System of Accounts
prescribed by the Florida Public Service Commission.
YES NO
‘! 2. The utility is in substantial compliance with all applicable rules and orders of the
Florida Public Service Commission.
YES NO
;/ 3. There have been no communications from regulatory agencies concerning
noncompliance with,or deficiencies in,financial reporting practices that could have
a material effect on the financial statement of the utility.
YES NO
4. The annual report fairly represents the financial condition and results of operations
of the respondent for the period presented and other information and statements
presented in the report as to the business affairs of the respondent are true,
correct and complete for the period for which it represents.
(signature of the chief executive officer of the utility)*
(signature of the chief financial officer of the utility)*
•
` Each of the four items must be certified YES or NO.Each'item need not be certified by both officers.
The items being certified by the officer should be indicated in the appropriate area to the left of the
signature.
NOTICE: Section 837.06, Florida Statutes,provides that any person who knowingly makes a false statement
in writing with the intent to mislead a public servant in the performance of his duty shall be guilty of a
misdemeanor of the second degree.
E-1(a)
Berkowitz
Pollack
Brant Advisors
+CPAs
INDEPENDENT ACCOUNTANT'S COMPILATION REPORT
To the Officers and Directors of
Ave Maria Utility Company, LLLP
Management is responsible for the accompanying financial statements of Ave Maria Utility Company, LLLP,
which comprise the statement of assets, liabilities and equity of Ave Maria Utility Company, LLLP as of
December 31, 2022, and the statement of revenue and expenses for the year then ended, included in the
accompanying annual report (collectively, the "Annual Report") in conformity with the requirements of the
1996 National Association of Regulatory Utility Commissioners Uniform System of Accounts for Water
and/or Wastewater Utilities ("USOA") and the Collier County Water and Wastewater Authority. We have
performed a compilation engagement in accordance with Statements on Standards for Accounting and
Review Services promulgated by the Accounting and Review Services Committee of the American Institute
of Certified Public Accountants ("AICPA"). We did not audit or review the financial statements included in
the accompanying Annual Report nor were we required to perform any procedures to verify the accuracy
or completeness of the information provided by management. Accordingly, we do not express an opinion,
a conclusion, nor provide any form of assurance on these financial statements included in the
accompanying Annual Report.
The financial statements of Ave Maria Utility Company, LLLP as of and for the year ended December 31,
2021, were subjected to a compilation engagement by other accountants, whose report dated May 26,
2022, stated that they had not audited or reviewed the 2021 financial statements and do not express an
opinion, a conclusion, nor provide any assurance on those financial statements.
Other Matters
The financial statements are presented in the accompanying Annual Report based upon the requirements
of the USOA and Collier County Water and Wastewater Authority, and are not intended to be a presentation
in accordance with accounting principles generally accepted in the United States of America.
The supplementary financial and statistical information included in the accompanying Annual Report is
presented for purposes of additional analysis and is not a required part of the basic financial statements.
The information is the representation of the management of Ave Maria Utility Company, LLLP. The
information was subject to our compilation engagement; however, we have not audited nor reviewed the
supplementary information and, accordingly, do not express an opinion, a conclusion, nor provide any
assurance on such supplementary information.
This report is intended solely for the information and use of the management of Ave Maria Utility Company,
LLLP and the Collier County Water and Wastewater Authority and is not intended to be and should not be
used by anyone other than these specified parties.
iiekdszy5 (-44/A4k VLIA4d÷
Berkowitz Pollack Brant Advisors + CPAs
Miami, Florida
May 26, 2023
MIAMI I FT . LAUDERDALE I BOCA RATON I WEST PALM BEACH I NEW YORK CITY
E-1(b)
EXECUTIVE
SUMMARY
YEAR OF REPORT
ANNUAL REPORT OF December 31,2022
Ave Maria Utility Company, LLLP County: Collier County
(Exact Name of Utility)
List below the exact mailing address of the utility for which normal correspondence should be sent:
2600 Golden Gate Parkway
Naples, Florida 34105
Telephone: (239)262-2600
e-Mail Address: Contactus@amuc.com
WEB Site: www.amuc.com
Sunshine State One-Call of Florida, Inc. Member Number CO1592
Name and address of person to whom correspondence concerning this report should be addressed:
Hector Aguililla
Berkowitz Pollack Brant Advisors+CPAs
200 S Biscayne Blvd,7th Floor
Miami, Florida 33131
Telephone: (305)379-5585
List below the address of where the utility's books and records are located:
2600 Golden Gate Parkway
Naples, Florida 34105
Telephone: (239)262-2600
List below any groups auditing or reviewing the records and operations:
Berkowitz Pollack Brant Advisors+CPAs
Date of original organization of the utility: November 30,2004
Check the appropriate business entity of the utility as filed with the Internal Revenue Service
Individual Partnership Sub S Corporation 1120 Corporation
X
List below every corporation or person owning or holding directly or indirectly 5%or more of the voting
securities of the utility:
Percent
Name Ownership
1. Ave Maria Utility Company, LLC 99.9%
2.
3.
4.
5.
6.
7.
8.
9.
10.
E-2
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
DIRECTORY OF PERSONNEL WHO CONTACT
THE FLORIDA PUBLIC SERVICE COMMISSION
NAME OF COMPANY TITLE OR ORGANIZATIONAL USUAL PURPOSE
REPRESENTATIVE POSITION UNIT TITLE FOR CONTACT
(1) (2) (3) WITH FPSC
Berkowitz Pollack Brant
Hector Aguililla CPA Advisors+CPAs Annual Report
Counsel Sundstrom&Mindlin, LLP Regulatory Matters
(1) Also list appropriate legal counsel,accountants and others who may not be on general payroll.
(2) Provide individual telephone numbers if the person is not normally reached at the company.
(3) Name of company employed by, if not on general payroll.
E-3
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
COMPANY PROFILE
Provide a brief narrative company profile which covers the following areas:
A. Brief company history.
B. Public services rendered.
C. Major goals and objectives.
D. Major operating divisions and functions.
E. Current and projected growth patterns.
F. Major transactions having a material effect on operations.
A. Ave Maria Utility Company LLLP(AMUC)was established in November 2004 following the creation of the town of Ave
Maria in eastern Collier County and as part of the Collier County Rural Lands Stewardship Program.AMUC started
construction in summer of 2005 and began service in late 2007 with a 0.99 MGD water treatment facility and a 0.90
MGD wastewater treatment facility.
B. AMUC provides the following services:
i.Wastewater collection,pumping and treatment
ii.Potable water treatment,storage,and distribution
iii. Reclaimed water disinfection and transmission
iv.Customer service functions, including billing
C. The primary goal of AMUC is to provide safe, reliable, and economical water and wastewater service to the residents
and businesses of the town of Ave Maria and Ave Maria University.AMUC is constantly testing ways to reduce its
operating expenses while maintaining a high quality of service.
D. Major divisions and functions:
i.Water Operations-Responsible for operation and maintenance of the raw water wells and transmission main,as
well as filtration,disinfection,storage, and pumping systems for water treatment.
ii.Wastewater Operations-Responsible for operation and maintenance of activated-sludge treatment,tertiary
filtration,chlorine contact, and reclaimed water systems for wastewater treatment.
iii.Collection and Distribution-Responsible for operation and maintenance of potable water,wastewater, and
reclaimed water transmission and collection mains, pumping stations,and miscellaneous appurtenances.
iv.Administrative-Responsible for operation and management of customer service office and monthly meter reading
and billing services.
E. Expected growth in water and wastewater ERC's to a final connection capacity of 20,308 and 20,702,respectively.
F. None.
E-4
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
PARENT/AFFILIATE ORGANIZATION CHART
Current as of December 31,2022
Complete below an organizational chart that shows all parents,subsidiaries and affiliates of the utility.
The chart must also show the relationship between the utility and affiliates listed on E-7, E-10(a)and E-10(b).
Ave Maria Utility Company, LLC
AMUC GP, LLC
(0.10%) (99.90%)
Ave Maria Utility Company, LLLP
-Ave Maria Development, LLLP has the same ownership as Ave Maria Utility Company, LLC.
-Peninsula Improvement Corp. has 50% of the same ownership as Ave Maria Utility Company, LLC.
E-5
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
COMPENSATION OF OFFICERS
For each officer, list the time spent on respondent as an officer compared to time spent on total business activities and the
compensation received as an officer from the respondent.
%OF TIME SPENT OFFICERS'
NAME TITLE AS OFFICER OF THE UTILITY COMPENSATION
(a) (b) (c) (d)
N/A
COMPENSATION OF DIRECTORS
For each director, list the number of director meetings attended by each director and the compensation received as a
director of the respondent.
NUMBER OF DIRECTORS' DIRECTORS'
NAME TITLE MEETINGS ATTENDED COMPENSATION
(a) (b) (c) (d)
N/A
E-6
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
BUSINESS CONTRACTS WITH OFFICERS,DIRECTORS AND AFFILIATES
List all contracts,agreements, or other business arrangements*entered into during the calendar year(other than
compensation related to position with Respondents)between the Respondent and officer and director listed on page E-6.
In addition, provide the same information with respect to professional services for each firm, partnership,or organization
with which the officer or director is affiliated.
IDENTIFICATION
NAME OF OFFICER, OF SERVICE NAME AND ADDRESS
DIRECTOR OR AFFILIATE OR PRODUCT AMOUNT OF AFFILIATED ENTITY
(a) (b) (c) (d)
None $ -
* Business Agreement,for this schedule,shall mean any oral or written business deal which binds the concerned
parties for products or services during the reporting year or for future years.Although the Respondent and/or other
companies will benefit from the arrangement,the officer or director is, however, acting on his behalf or for the benefit
of other companies or persons.
E-7
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
AFFILIATION OF OFFICERS AND DIRECTORS
For each of the officials listed on page E-6, list the principal occupation or business affiliations or connections with any
other business or financial organizations,firms,or partnerships. For the purposes of this part,an official will be considered
to have an affiliation with any business or financial organization,firm or partnership in which he is an officer,director,
trustee, partner, or a person exercising similar functions.
PRINCIPAL
OCCUPATION NAME AND ADDRESS
OR BUSINESS AFFILIATION OR OF AFFILIATION OR
NAME AFFILIATION CONNECTION CONNECTION
(a) (b) (c) (d)
None
E-8
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company,LLLP December 31,2022
BUSINESSES WHICH ARE A BY-PRODUCT,COPRODUCT OR JOINT-PRODUCT RESULT
OF PROVIDING WATER OR WASTEWATER SERVICE
Complete the following for any business which is conducted as a byproduct,coproduct,or joint product as a result of providing water and/or wastewater service.
This would include any business which requires the use of utility land and facilities.Examples of these types of businesses would be orange groves,nurseries,tree
farms,fertilizer manufacturing,etc.This would not include any business for which the assets are properly included in Account 121-Nonutility Property along with
the associated revenue and expenses segregated out as nonutility also.
ASSETS REVENUES EXPENSES
BUSINESS OR BOOK COST ACCOUNT REVENUES ACCOUNT EXPENSES ACCOUNT
SERVICE CONDUCTED OF ASSETS NUMBER GENERATED NUMBER INCURRED NUMBER
(a) (b) (c) (d) (e) (f) (g)
None $ - $ - $ -
E-9
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31,2022
BUSINESS TRANSACTIONS WITH RELATED PARTIES
List each contract,agreement, or other business transaction exceeding a cumulative amount of$500 in any one year,
entered into between the Respondent and a business or financial organization,firm,or partnership named on pages E-2
and E-6, identifying the parties, amounts, dates and product, and asset,or service involved.
Part I.Specific Instructions:Services and Products Received or Provided
1. Enter in this part all transactions involving services and products received or provided.
2. Below are some types of transactions to include:
-management, legal, and accounting services -material and supplies furnished
-computer services -leasing of structures, land, and equipment
-engineering&construction services -rental transactions
-repairing and servicing of equipment -sale, purchase or transfer of various products
DESCRIPTION CONTRACT OR ANNUAL CHARGES
NAME OF COMPANY SERVICE AND/OR AGREEMENT (P)urchased
OR RELATED PARTY NAME OF PRODUCT EFFECTIVE DATES (S)old AMOUNT
(a) (b) (c) (d) (e)
Office space at Ave
Ave Maria Development, LLLP Maria Annual P $ 42,971
Direct employee
costs, management&
Peninsula Improvement Corp. engineering services Annual P 2,428,398
E-10(a)
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company,LLLP December 31,2022
BUSINESS TRANSACTIONS WITH RELATED PARTIES(Cont'd)
Part II.Specific Instructions:Sale,Purchase and Transfer of Assets
1. Enter in this part all transactions relating to the purchase,sale,or transfer of assets. 3. The columnar instructions follow:
(a)Enter name of related party or company.
2. Below are examples of some types of transactions to include: (b)Describe briefly the type of assets purchased,sold,or
-purchase,sale,or transfer of equipment transferred.
-purchase,sale,or transfer of land and structures (c)Enter the total received or paid.Indicate purchase with
-purchase,sale,or transfer of securities "P"and sale with"S."
-noncash transfers of assets (d)Enter the net book value for each item reported.
-noncash dividends other than stock dividends (e)Enter the net profit or loss for each item reported
-write-off of bad debts or loans (column(c)-column(d))
(f)Enter the fair market value for each item reported.In space
below or in a supplemental schedule,describe the basis
used to calculate fair market value.
SALE OR
NAME OF COMPANY DESCRIPTION OF PURCHASE NET BOOK FAIR MARKET
OR RELATED PARTY ITEMS PRICE VALUE GAIN OR LOSS VALUE
(a) (b) (c) (d) (e) (f)
None $ - $ - $ - $
E-10(b)
FINANCIAL SECTION
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP I Collier County December 31, 2022
COMPARATIVE BALANCE SHEET -ASSETS AND OTHER DEBITS
REF. PREVIOUS CURRENT
ACCT. NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
UTILITY PLANT
101-106 Utility Plant F-7 $ 55,054,635 $61,394,302
108-110 Less: Accumulated Depreciation&Amortization F-8 (24,437,737) (26,301,895)
Net Plant 30,616,898 35,092,407
114-115 Utility Plant Acquisition Adjustments(Net) F-7 - -
116* Other Utility Plant Adjustments(Specify) - -
Total Net Utility Plant 30,616,898 35,092,407
OTHER PROPERTY&INVESTMENTS
121 Nonutility Property F-9 - -
122 Less: Accumulated Depreciation&Amortization - -
Net Nonutility Property - -
123 Investment in Associated Companies F-10 - -
124 Utility Investments F-10 - -
125 Other Investments F-10 - -
126-127 Special Funds F-10 - -
Total Other Property &Investments - -
CURRENT&ACCRUED ASSETS
131 Cash 5,585,825 7,545,490
132 Special Deposits F-9 - -
133 Other Special Deposits F-9 - -
134 Working Funds - -
135 Temporary Cash Investments - -
141-144 Accounts& Notes Receivable, Less Accumulated F-11 714,669 864,561
Provision for Uncollectible Accounts
145 Accounts Receivable from Associated Companies F-12 - 32,800
146 Notes Receivable from Associated Companies F-12 - -
151-153 Material&Supplies - -
161 Stores Expense - -
162 Prepayments 186,673 246,959
171 Accrued Interest&Dividends Receivable - -
172* Rents Receivable - -
173* Accrued Utility Revenues - -
174 Miscellaneous Current&Accrued Assets F-12 - -
Total Current&Accrued Assets 6,487,167 8,689,810
*Not Applicable for Class B Utilities
F-1(a)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE BALANCE SHEET -ASSETS AND OTHER DEBITS (Cont'd)
REF. PREVIOUS CURRENT
ACCT. NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
DEFERRED DEBITS
181 Unamortized Debt Discount&Expense F-13 $ 6,761 $ 3,037
182 Extraordinary Property Losses F-13 - -
183 Preliminary Survey &Investigation Charges - -
184 Clearing Accounts - -
185* Temporary Facilities - -
186 Miscellaneous Deferred Debits F-14 21,502 55,840
187 Research&Development Expenditures - -
190 Accumulated Deferred Income Taxes - -
Total Deferred Debits 28,263 58,877
TOTAL ASSETS AND OTHER DEBITS $ 37,132,328 $ 43,841,094
*Not Applicable for Class B Utilities
F-1(b)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE BALANCE SHEET- EQUITY CAPITAL AND LIABILITIES
REF. PREVIOUS CURRENT
ACCT.NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
EQUITY CAPITAL
201 Common Stock Issued F-15 $ - $ -
204 Preferred Stock Issued F-15 - -
202,205* Capital Stock Subscribed - -
203,206* Capital Stock Liability for Conversion - -
207* Premium on Capital Stock - -
209* Reduction in Par or Stated Value of Capital Stock - -
Gain on Resale or Cancellation of Reacquired
210* - -
Capital Stock
211 Other Paid-In Capital - -
212 Discount on Capital Stock - -
213 Capital Stock Expense - -
214-215 Retained Earnings F-16 6,641,209 7,375,998
216 Reacquired Capital Stock - -
Proprietary Capital(Proprietorship&Partnership
218 Only) - -
Total Equity Capital 6,641,209 7,375,998
LONG TERM DEBT
221 Bonds F-15 11,940,000 11,310,000
222* Reacquired Bonds - -
223 Advances from Associated Companies F-17 - -
224 Other Long Term Debt F-17 - -
Total Long Term Debt 11,940,000 11,310,000
CURRENT&ACCRUED LIABILITIES
231 Accounts Payable 702,065 138,858
232 Notes Payable F-18 - -
233 Accounts Payable to Associated Companies F-18 - 283,808
234 Notes Payable to Associated Companies F-18 - -
235 Customer Deposits 251,354 213,694
236 Accrued Taxes 27,164 33,094
237 Accrued Interest F-19 1,168 30,106
238 Accrued Dividends - -
239 Matured Long Term Debt - -
240 Matured Interest - -
241 Miscellaneous Current&Accrued Liabilities F-20 449,323 649,304
Total Current&Accrued Liabilities 1,431,074 1,348,864
* Not Applicable for Class B Utilities
F-2(a)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE BALANCE SHEET- EQUITY CAPITAL AND LIABILITIES (Cont'd)
REF. PREVIOUS CURRENT
ACCT. NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
DEFERRED CREDITS
251 Unamortized Premium on Debt F-13 $ - $ -
252 Advances for Construction F-20 - -
253 Other Deferred Credits F-21 - -
255 Accumulated Deferred Investment Tax Credits - -
Total Deferred Credits - -
OPERATING RESERVES
261 Property Insurance Reserve - -
262 Injuries and Damages Reserve - -
263 Pensions and Benefits Reserve - -
265 Miscellaneous Operating Reserves - -
Total Operating Reserves - -
CONTRIBUTIONS IN AID OF CONSTRUCTION
271 Contributions in Aid of Construction F-22 22,746,919 30,158,344
Accumulated Amortization of Contributions in
272 Aid of Construction F-22 (5,626,874) (6,352,112)
Total Net C.I.A.0 17,120,045 23,806,232
ACCUMULATED DEFERRED INCOME TAXES
Accumulated Deferred Income Taxes-
281 Accelerated Depreciation - -
Accumulated Deferred Income Taxes -
282 Liberalized Depreciation - -
283 Accumulated Deferred Income Taxes-Other - -
Total Accumulated Deferred Income Tax - -
TOTAL EQUITY CAPITAL AND LIABILITIES $ 37,132,328 $ 43,841,094
F-2(b)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE OPERATING STATEMENT
REF. PREVIOUS CURRENT
ACCT.NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
UTILITY OPERATING INCOME
400 Operating Revenues F-3(b) $ 5,094,209 $ 6,193,820
469, 530 Less: Guaranteed Revenue and AFPI F-3(b) - -
Net Operating Revenues 5,094,209 6,193,820
401 Operating Expenses F-3(b) 3,138,600 3,828,902
403 Depreciation Expense F-3(b) 1,979,284 2,102,418
Less: Amortization of CIAC F-22 (669,057) (836,759)
Net Depreciation Expense 1,310,227 1,265,659
406 Amortization of Utility Plant Acquisition Adjustment F-3(b) - -
407 Amortization Expense(Other than CIAC) F-3(b) 9,215 9,215
408 Taxes Other Than Income W/S-3 201,899 224,971
409 Current Income Taxes WIS-3 - -
410.10 Deferred Income Taxes WIS-3 - -
411.10 Provision for Deferred Income Taxes-Credit WIS-3 - -
412.10 Invest.Tax Credits Deferred to Future Periods W/S-3 - -
412.11 Invest.Tax Credits Restored to Oper. Income W/S-3 - -
Utility Operating Expenses 4,659,941 5,328,747
Net Utility Operating Income 434,268 865,073
469, 530 Add Back: Guaranteed Revenue and AFPI F-3(b) - -
413 Income from Utility Plant Leased to Others - -
414 Gains(losses)from Disposition of Utility Property 11,500 41,000
420 Allowance for Funds Used During Construction - -
Total Utility Operating(Loss) Income $ 445,768 $ 906,073
F-3(a)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE OPERATING STATEMENT (Cont'd)
OTHER THAN
WATER WASTEWATER REPORTING
SCHEDULE W-3* SCHEDULE S-3* SYSTEMS
(f) (g) (h)
$ 2,657,250 $ 3,536,570 N/A
2,657,250 3,536,570
1,645,165 2,183,737
938,784 1,163,634
(402,742) (434,017)
536,042 729,617
9,215 -
95,206 129,765
2,285,628 3,043,119
371,622 493,451
20,500 20,500
$ 392,122 $ 513,951 N/A
Total of Schedules W-3 I S-3 for all rate groups.
F-3(b)
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name/County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
COMPARATIVE OPERATING STATEMENT (Cont'd)
REF. PREVIOUS CURRENT
ACCT.NO. ACCOUNT NAME PAGE YEAR YEAR
(a) (b) (c) (d) (e)
Total Utility Operating Income [from page F-3(a)] $ 445,768 $ 906,073
OTHER INCOME AND DEDUCTIONS
415 Revenues-Merchandising,Jobbing and Contract Deductions - -
416 Costs&Expenses of Merchandising,Jobbing and Contract V - -
419 Interest and Dividend Income 6,924 105,596
421 Nonutility Income 2,666 5,631
426 Miscellaneous Nonutility Expenses (984) (12,164)
Total Other Income and Deductions 8,606 99,063
TAXES APPLICABLE TO OTHER INCOME
408.20 Taxes Other Than Income - -
409.20 Income Taxes - -
410.20 Provision for Deferred Income Taxes - -
411.20 Provision for Deferred Income Taxes -Credit - -
412.20 Investment Tax Credits -Net - -
412.30 Investment Tax Credits Restored to Oper. Inc. - -
Total Taxes Applicable To Other Income - -
INTEREST EXPENSE
427 Interest Expense F-19 101,885 266,622
428 Amortization of Debt Discount&Expense F-13 25,724 3,725
429 Amortization of Premium on Debt F-13 - -
Total Interest Expense 127,609 270,347
EXTRAORDINARY ITEMS
433 Extraordinary Income - -
434 Extraordinary Deductions - -
409.30 Income Taxes, Extraordinary Items - -
Total Extraordinary Items - -
NET INCOME $ 326,765 $ 734,789
F-3(c)
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name I County: Ave Maria Utility Company, LLLP I Collier County December 31, 2022
SCHEDULE OF YEAR END RATE BASE
REF. WATER WASTEWATER
ACCT. NO. ACCOUNT NAME PAGE UTILITY UTILITY
(a) (b) (c) (d) (e)
101 Utility Plant In Service F-7 $ 29,422,359 $ 31,337,325
Less: Nonused and Useful Plant(1) - -
108 Accumulated Depreciation F-8 (11,659,642) (14,642,253)
110 Accumulated Amortization F-8 - -
271 Contributions in Aid of Construction F-22 (14,424,783) (15,733,561)
252 Advances for Construction F-20 - -
Subtotal 3,337,934 961,511
Add:
272 Accumulated Amortization of
Contributions in Aid of Construction F-22 2,962,849 3,389,263
Subtotal 6,300,783 4,350,774
Plus or Minus:
114 Acquisition Adjustments(2) F_7 - -
Accumulated Amortization of
115 Acquisition Adjustments(2) F_7 - -
Working Capital Allowance(3) 205,646 272,967
Other(Specify): - -
RATE BASE $ 6,506,429 $ 4,623,741
NET UTILITY OPERATING INCOME $ 371,622 $ 493,451
ACHIEVED RATE OF RETURN(Operating Income I Rate Base) 5.71% 10.67%
NOTES:
(1) Estimated based on the methodology used in the last rate proceeding.
(2) Include only those Acquisition Adjustments that have been approved by the Commission.
(3) Calculation consistent with last rate proceeding.
In absence of a rate proceeding,Class A utilities will use the Balance Sheet Method and
Class B Utilities will use the One-eighth Operating and Maintenance Expense Method.
(4) As disclosed on W-14,the Utility is currently underway with designs for a plant expansion,
which will significantly increase the rate base in the near future.
F-4
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
SCHEDULE OF CURRENT COST OF CAPITAL
CONSISTENT WITH THE METHODOLOGY USED IN THE LAST RATE PROCEEDING (1)
WEIGHTED
DOLLAR PERCENTAGE ACTUAL COST
CLASS OF CAPITAL AMOUNT(2) OF CAPITAL COST RATES(3) [c x d]
(a) (b) (c) (d) (e)
Common Equity $ 7,375,998 39.03% 10.55% 4.12%
Preferred Stock - 0% 0% -
Long Term Debt 11,310,000 59.84% 3.25% 1.94%
Customer Deposits 213,694 1.13% 3.00% 0.03%
Tax Credits-Zero Cost - 0% 0% -
Tax Credits-Weighted Cost - 0% 0% -
Deferred Income Taxes - 0% 0% -
Other(Explain) - 0% 0% -
Total $ 18,899,692 100.00% 6.10%
(1)If the Utility's capital structure is not used,explain which capital structure is used.
(2)Should equal amounts on Schedule F-6,Column(f).
(3)Mid-point of the last authorized Raturn on Equity or current leverage formula if none has been established.
Must be calculated using the same methodology used in the last rate proceeding using current annual report
year end amounts and cost rates
APPROVED RETURN ON EQUITY
Current Commission Return on Equity: 10.55%
Commission order approving Return on Equity: Leverage Formula
APPROVED AFUDC RATE
Current Commission approved AFUDC rate: 10.00%
Commission order approving AFUDC rate: Resolution No.2004-357
If any utility capitalized any charge in lieu of AFUDC(such as interest only),state the basis of the charge,an
explanation as to why AFUDC was not charged and the percentage capitalized.
F-5
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
SCHEDULE"B"
SCHEDULE OF CAPITAL STRUCTURE ADJUSTMENTS
CAPITAL
STRUCTURE
BALANCE NON-UTILITY NON-JURIS. OTHER(1) USED FOR
CLASS OF CAPITAL PER BOOK ADJUSTMENTS ADJUSTMENTS ADJUSTMENTS AFUDC CALCULATION
(a) (b) (c) (d) (e) (f)
Common Equity $ 7,375,998 - - - $ 7,375,998
Preferred Stock - - - - -
Long Term Debt 11,310,000 - - - 11,310,000
Customer Deposits 213,694 - - - 213,694
Tax Credits-Zero Cost - - - - -
Tax Credits-Weighted Cost - - - - -
Deferred Income Taxes - - - - -
Other(Explain) - - - - -
Total $ 18,899,692 $0 $0 $0 $ 18,899,692
(1)Explain below all adjustments made in Column(e):
None-N/A
F-6
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
UTILITY PLANT
ACCOUNTS 101 -106
OTHER THAN
REPORTING
ACCT.NO. DESCRIPTION WATER WASTEWATER SYSTEMS TOTAL
(a) (b) (c) (d) (e) (f)
Plant Accounts:
101 Utility Plant In Service $ 29,422,359 $ 31,337,325 N/A $ 60,759,684
102 Utility Plan Leased to Other - -
103 Property Held for Future Use - -
104 Utility Plant Purchased or Sold - -
105 Construction Work in Progress 391,394 243,224 634,618
106 Completed Construction Not Classified - -
Total Utility Plant $ 29,813,753 $ 31,580,549 N/A $ 61,394,302
UTILITY PLANT ACQUISITION ADJUSTMENTS
ACCOUNTS 114 AND 115
Report each acquisition adjustment and related accumulated amortization separately.For any
acquisition adjustments approved by the Commission,include the Order Number.
OTHER THAN
REPORTING
ACCT.NO. DESCRIPTION WATER WASTEWATER SYSTEMS TOTAL
(a) (b) (c) (d) (e) (f)
114 Acquisition Adjustment N/A N/A N/A N/A
Total Plant Acquisition Adjustments
115 Accumulated Amortization N/A N/A N/A N/A
Total Accumulated Amortization
Net Acquisition Adjustments N/A N/A N/A N/A
F-7
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ACCUMULATED DEPRECIATION (ACCT.108)AND AMORTIZATION (ACCT. 110)
OTHER
REPORTING
DESCRIPTION WATER WASTEWATER SYSTEMS TOTAL
(a) (b) (c) (d) (e)
ACCUMULATED DEPRECIATION
Account 108
Balance first of year $ 10,912,893 $ 13,524,844 N/A $ 24,437,737
Credits during year:
Accruals charged to:
Account 108.1 (1) $ 938,784 $ 1,163,635 $ 2,102,419
Account 108.2(2) - - -
Account 108.3(2) - - -
Other Accounts(Specify):
Salvage - - -
Other Credits(Specify): - (1) (1)
(1)Rounding
Total Credits 938,784 1,163,634 2,102,418
Debits during year:
Book Cost of Plant Retired - -
Cost of Removal 192,035 46,225 238,260
Other Debits(Specify):
Total Debits $ 192,035 $ 46,225 $ 238,260
Balance end of year $ 11,659,642 $ 14,642,253 N/A $ 26,301,895
ACCUMULATED AMORTIZATION
Account 110
Balance first of year N/A N/A N/A N/A
Credits during year:
Accruals charged to:
Account 110.2(3)
Other Accounts(Specify):
Other Credits(Specify):
Total Credits
Debits during year:
Book Cost of Plant Retired
Other Debits(Specify):
Total Debits
Balance end of year N/A N/A N/A N/A
(1)Account 108 for Class B utilities.
(2)Not applicable for Class B utilities.
(3)Account 110 for Class B utilities.
F-8
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
REGULATORY COMMISSION EXPENSE
AMORTIZATION OF RATE CASE EXPENSE (ACCTS.666 AND 766)
EXPENSE
DESCRIPTION OF CASE INCURRED CHARGED OFF DURING YEAR
(DOCKET NO.) DURING YEAR ACCOUNT AMOUNT
(a) (b) (d) (e)
None $ - $ - $ -
Total $ - $ - $ -
NONUTILITY PROPERTY(ACCT. 121)
Report separately each item of property with a book cost of$25,000 or more included in Account 121.Other items
may be grouped by classes of property.
BEGINNING ENDING YEAR
DESCRIPTION YEAR BALANCE ADDITIONS REDUCTIONS BALANCE
(a) (b) (c) (d) (e)
None $ - - $ - $
Total Nonutility Property $ - $ - $ - $
SPECIAL DEPOSITS (ACCTS. 132 AND 133)
Report hereunder all special deposits carried in Accounts 132 and 133.
YEAR END
DESCRIPTION OF SPECIAL DEPOSITS BOOK COST
(a) (b)
SPECIAL DEPOSITS(Account 132):
None $ -
Total Special Deposits $ -
OTHER SPECIAL DEPOSITS(Account 133):
Total Other Special Deposits $ -
F-9
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
INVESTMENTS AND SPECIAL FUNDS
ACCTS. 123-127
Report hereunder all investments and special funds carried in Accounts 123 through 127.
FACE OR YEAR END
DESCRIPTION OF SECURITY OR SPECIAL FUND PAR VALUE BOOK COST
(a) (b) (c)
INVESTMENT IN ASSOCIATED COMPANIES(Account 123):
None $ - $ -
Total Investment in Associated Companies $ -
UTILITY INVESTMENTS(Account 124):
None $ - $ -
Total Utility Investment $ -
OTHER INVESTMENT(Account 125):
Treasury Securities Account $ - $ -
Total Other Investment $ -
SPECIAL FUNDS(Class A Utilities:Accounts 126 and 127;Class B Utilities:Account 127):
None $ -
Total Special Funds $ -
F-10
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ACCOUNTS AND NOTES RECEIVABLE-NET
ACCTS. 141 -144
Report hereunder all accounts and notes receivable in Accounts 141, 142,and 144.Amounts included in Accounts
142 and 144 should be listed individually.
DESCRIPTION TOTAL
(a) (b)
CUSTOMER ACCOUNTS RECEIVABLE(Account 141):
Water $ 252,122
Wastewater 308,134
Reclaimed 31,852
Other 1,750
Total Customer Accounts Receivable $ 593,858
OTHER ACCOUNTS RECEIVABLE(Account 142):
Shared costs receivable 270,703
Total Other Accounts Receivable 270,703
NOTES RECEIVABLE(Account 144):
None
Total Notes Receivable
Total Accounts and Notes Receivable $ 864,561
ACCUMULATED PROVISION FOR
UNCOLLECTIBLE ACCOUNTS(Account 143)
Balance first of year $ -
Add:Provision for uncollectibles for current year -
Collection of accounts previously written off -
Utility accounts -
Others -
Total Additions -
Deduct accounts written off during year:
Utility accounts -
Others -
Total Accounts Written Off -
Balance End of Year
TOTAL ACCOUNTS AND NOTES RECEIVABLE-NET $ 864,561
F-11
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ACCOUNTS RECEIVABLE FROM ASSOCIATED COMPANIES
ACCOUNT 145
Report each account receivable from associated companies separately.
DESCRIPTION TOTAL
(a) (b)
Due from Peninsula Improvement Corp $ 32,800
Total $ 32,800
NOTES RECEIVABLE FROM ASSOCIATED COMPANIES
ACCOUNT 146
Report each note receivable from associated companies separately.
INTEREST
DESCRIPTION RATE TOTAL
(a) (b) (c)
None N/A $ -
Total $ -
MISCELLANEOUS CURRENT AND ACCRUED ASSETS
ACCOUNT 174
BALANCE END
DESCRIPTION-Provide itemized listing OF YEAR
(a) (b)
None $
Total Miscellaneous Current and Accrued Liabilities $ -
F-12
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
UNAMORTIZED DEBT DISCOUNT AND EXPENSE AND PREMIUM ON DEBT
ACCTS. 181 AND 251
Report the net discount and expense or premium separately for each security issue.
AMOUNT
WRITTEN OFF YEAR END
DESCRIPTION DURING YEAR BALANCE
(a) (b) (c)
UNAMORTIZED DEBT DISCOUNT AND EXPENSE(Account 181):
Loan and Bond Costs $ 3,725 $ 3,037
Total Unamortized Debt Discount and Expense $ 3,725 $ 3,037
UNAMORTIZED PREMIUM ON DEBT(Account 251):
None $ - $ -
Total Unamortized Premium on Debt $ - $ -
EXTRAORDINARY PROPERTY LOSSES
ACCT. 182
Report each item separately.
DESCRIPTION TOTAL
(a) (b)
None $ -
Total Extraordinary Property Losses $ -
F-13
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
MISCELLANEOUS DEFERRED DEBITS
ACCT. 186
AMOUNT
WRITTEN OFF YEAR END
DESCRIPTION-Provide itemized listing DURING YEAR BALANCE
(a) (b) (c)
DEFERRED RATE CASE EXPENSE(Class A Utilities:Account 186.1)
$ - $
Total Deferred Rate Case Expense - -
OTHER DEFERRED DEBITS(Class A Utilities:Account 186.2):
Tank Painting $ 9,215 $ 12,287
Future Service Area - 43,553
Total Other Deferred Debits 9,215 55,840
REGULATORY ASSETS(Class A Utilities:Account 186.3):
None $ - $ -
Total Regulatory Assets - -
TOTAL MISCELLANEOUS DEFERRED DEBITS $ 9,215 $ 55,840
F-14
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
CAPITAL STOCK
ACCTS.201 AND 204*
DESCRIPTION RATE TOTAL
(a) (b) (c)
COMMON STOCK
Par or stated value per share $ - $ -
Shares authorized -
Shares issued and outstanding -
Total par value of stock issued $ - $ -
Dividends declared per share for year None None
PREFERRED STOCK
Par or stated value per share $ - $ -
Shares authorized -
Shares issued and outstanding -
Total par value of stock issued $ - $ -
Dividends declared per share for year None None
BONDS
ACCT. 221
INTEREST PRINCIPAL
DESCRIPTION OF OBLIGATION ANNUAL FIXED OR AMOUNT PER
(INCLUDING DATE OF ISSUE AND DATE OF MATURITY RATE VARIABLE* BALANCE SHEET
(a) (b) (c) (d)
Collier County Series 2005 IRDB issued 10/1/2005 3.296% Fixed $ 11,310,000
maturing 10/1/2035 0.00% -
0.00% -
Total $ 11,310,000
*For variable rate obligations,provide the basis for the rate(i.e.prime+2%etc.)
F-15
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
STATEMENT OF RETAINED EARNINGS
1.Dividends should be shown for each class and series of capital stock.Show amounts as dividends per share.
2.Show separately the state and federal income tax effect of items shown in Account No.439.
ACCT.NO. DESCRIPTION AMOUNTS
(a) (b) (c)
215 Unappropriated Retained Earnings:
Balance Beginning of Year $ 6,641,209
Changes to Account:
439 Adjustments to Retained Earnings(requires Commission approval prior to use):
Credits -
Total Credits -
Debits:Rounding -
Total Debits -
435 Balance Transferred from Income 734,789
436 Appropriations of Retained Earnings -
Total Appropriations of Retained Earnings -
Dividends Declared:
437 Preferred Stock Dividends Declared -
438 Common Stock Dividends Declared -
Total Dividends Declared -
215 Year End Balance 7,375,998
Appropriated Retained Earnings
214 (State balance and purpose of each appropriated amount at year end): -
Total Appropriated Retained Earnings -
Total Retained Earnings $ 7,375,998
Notes to Statement of Retained Earnings:
N/A
F-16
See accompanying accountant's compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name/County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
ADVANCES FROM ASSOCIATED COMPANIES
ACCT. 223
Report each advance separately.
DESCRIPTION TOTAL
(a) (b)
None $ -
Total $ -
OTHER LONG-TERM DEBT
ACCT 224
INTEREST PRINCIPAL
DESCRIPTION OF OBLIGATION ANNUAL FIXED OR AMOUNT PER
(INCLUDING DATE OF ISSUE AND DATE OF MATURIT RATE VARIABLE* BALANCE SHEET
(a) (b) (c) (d)
None 0.00% N/A $ -
0.00% -
0.00% -
Total $ -
* For variable rate obligations, provide the basis for the rate(i.e. prime+ 2%etc.)
F-17
See accompanying accountants compilation report.
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
NOTES PAYABLE
ACCTS. 232 AND 234
INTEREST PRINCIPAL
DESCRIPTION OF OBLIGATION ANNUAL FIXED OR AMOUNT PER
(INCLUDING DATE OF ISSUE AND DATE OF MATURIT' RATE VARIABLE" BALANCE SHEET
(a) (b) (c) (d)
NOTES PAYABLE(Account 232):
None 0.00% N/A $ -
0.00% -
0.00% -
Total Account 232 $ -
NOTES PAYABLE TO ASSOC.COMPANIES(Account 234):
None 0.00% N/A $ -
0.00% -
0.00% -
Total Account 234 $ -
*For variable rate obligations, provide the basis for the rate(i.e. prime+ 2%etc.)
ACCOUNTS PAYABLE TO ASSOCIATED COMPANIES
ACCT. 233
Report each account payable separately.
DESCRIPTION TOTAL
(a) (b)
Due to Peninsula Improvement Corp $ 283,808
Total $ 283,808
F-18
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ACCRUED INTEREST AND EXPENSE
ACCTS.237 AND 427
BALANCE INTEREST ACCRUED INTEREST BALANCE
BEGINNING DURING YEAR PAID DURING END
DESCRIPTION OF DEBIT OF YEAR ACCT.DEBIT AMOUNT YEAR OF YEAR
(a) (b) (c) (d) (e) (f)
ACCOUNT NO.237.1 -Accrued Interest on Long Term Debt
Bonds $ 1,168 427 $ 264,007 $ 235,069 $ 30,106
Total Account 237.1 $ 1,168 $ 264,007 $ 235,069 $ 30,106
ACCOUNT NO.237.2-Accrued Interest on Other Liabilities
Miscellaneous interest $ - 427 $ 2,615 $ 2,615 $ -
Total Account 237.2 $ - $ 2,615 $ 2,615 $ -
Total Account 237(1) $ 1,168 $ 266,622 $ 237,684 $ 30,106
INTEREST EXPENSED:
Total accrual-Account 237 237 $ 266,622
Less:Capitalized Interest Portion of AFUDC -
Net Interest Expensed to Account No.427(2) $ 266,622
(1)Must agree to F-2(a),Beginning and Ending Balance of Accrued Interest.
(2)Must agree to F-3(c),Current Year Interest Expense.
F-19
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES
ACCT. 241
BALANCE
DESCRIPTION-Provide itemized listing END OF YEAR
(a) (b)
Prepaid Plan Review Fees $ 634,627
Builders Security Deposit 14,677
Total Miscellaneous Current and Accrued Liabilities $ 649,304
ADVANCES FOR CONSTRUCTION
ACCT. 252
BALANCE
BEGINNING OF DEBITS BALANCE
NAME OF PAYOR* YEAR ACCT.DEBIT AMOUNT CREDITS END OF YEAR
(a) (b) (c) (d) (e) (f)
None $ - $ - $ - $ -
Total $ - $ - $ - $ -
*Report advances separately by reporting group,designating water or wastewater in column(a).
F-20
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
OTHER DEFERRED CREDITS
ACCT.253
AMOUNT
WRITTEN OFF YEAR END
DESCRIPTION-Provide itemized listing DURING YEAR BALANCE
(a) (b) (c)
REGULATORY LIABILITIES(Class A Utilities:Account 253.1):
None $ - $ -
Total Regulatory Liabilities -
OTHER DEFERRED LIABILITIES(Class A Utilities:Account 253.2):
None $ - $ -
Total Other Deferred Liabilities - -
TOTAL OTHER DEFERRED CREDITS $ - $ -
F-21
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
CONTRIBUTIONS IN AID OF CONSTRUCTION
ACCT.271
W&WWOTHER
WASTEWATER THAN SYSTEM
DESCRIPTION WATER(W-7) (S-7) REPORTING TOTAL
(a) (b) (c) (d) (e)
Balance first of year $ 11,301,560 $ 11,445,359 N/A $ 22,746,919
Add credits during year 3,234,744 4,288,202 7,522,946
Less debits charged during year (111,521) - (111,521)
Total Contribution in Aid of Construction $ 14,424,783 $ 15,733,561 N/A $ 30,158,344
ACCUMULATED AMORTIZATION OF CONTRIBUTIONS IN AID OF CONSTRUCTION
ACCT. 272
W&WW OTHER
WASTEWATER THAN SYSTEM
DESCRIPTION WATER(W-7) (S-7) REPORTING TOTAL
(a) (b) (c) (d) (e)
Balance first of year $ 2,671,628 $ 2,955,246 N/A $ 5,626,874
Add debits during year 402,742 434,017 836,759
Less credits charged during year (111,521) - (111,521)
Total Accumulated Amortization of
Contributions in Aid of Construction $ 2,962,849 $ 3,389,263 N/A $ 6,352,112
F-22
See accompanying accountant's compilation report.
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
RECONCILIATION OF REPORTED NET INCOME WITH TAXABLE INCOME
FOR FEDERAL INCOME TAXES (UTILITY OPERATIONS)
1.The reconciliation should include the same detail as furnished on Schedule M-1 of the federal tax return
for the year.The reconciliation shall be submitted even though there is no taxable income for the year.
Descriptions should clearly indicate the nature of each reconciling amount and show the computations of
all tax accruals.
2.If the utility is a member of a group which files a consolidated federal tax return, reconcile reported net
income with taxable net income as if a separate return were to be filed,indicating intercompany amounts to
be eliminated in such consolidated return.State names of group members,tax assigned to each group
member,and basis of allocation,assignments,or sharing of the consolidated tax amount the group
members.
DESCRIPTION REF.NO. AMOUNT
(a) (b) (c)
Net income for the year See F-3(c) N/A
Reconciling items for the year:
Taxable income not reported on books
Deductions recorded on books not deducted for return
Income recorded on books not included in return
Deduction on return not charges against book income
Federal tax net income N/A
Computation of tax:
The Company is taxed as an S-corporation;therefore,this schedule is not applicable
F-23
See accompanying accountant's compilation report.
WATER OPERATION
SECTION
Ave Maria UtilityCompany, LLLP YEAR OF REPORT
UTILITY NAME: December 31, 2022
WATER LISTING OF SYSTEM GROUPS
List below the name of each reporting system and its certificate number. Those systems which have been consolidated
under the same tariff should be assigned a group number. Each individual system which has not been consolidated
should be assigned its own group number.
The water financial schedules(W-2 through W-l0)should be filed for the group in total.
The water engineering schedules(W-1 1 through W-14)must be filed for each system in the group.
All of the following water pages(W-2 through W-14)should be completed for each group and arranged
by group number.
CERTIFICATE GROUP
SYSTEM NAME/COUNTY NUMBER NUMBER
Ave Maria Utility Company LLLP/Collier County 06W 1
w-1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company, LLLP/Collier County December 31,2022
SCHEDULE OF YEAR END WATER RATE BASE
REF. WATER
ACCT.NO. ACCOUNT NAME PAGE UTILITY
(a) (b) (c) (d)
101 Utility Plant In Service W-4(b) $ 29,422,359
Less:
Nonused and Useful Plant(1)
108 Accumulated Depreciation W-6(b) 11,659,642
110 Accumulated Amortization
271 Contributions in Aid of Construction W-7 14,424,783
252 Advances for Construction F-20 -
Subtotal 3,337,934
Add:
272 Accumulated Amortization of
Contributions in Aid of Construction W-8(a) 2,962,849
Subtotal 6,300,783
Plus or Minus:
114 Acquisition Adjustments(2) F-7 -
Accumulated Amortization of
115 Acquisition Adjustments(2) F-7 -
Working Capital Allowance(3) 205,646
Other(Specify): -
WATER RATE BASE $ 6,506,429
WATER OPERATING INCOME W-3 $ 371,622
ACHIEVED RATE OF RETURN(Water Operating Income/Rate Base) 5.71%
NOTES:
(1) Estimated based on the methodology used in the last rate proceeding.
(2) Include only those Acquisition Adjustments that have been approved by the Commission.
(3) Calculation consistent with last rate proceeding.
In absence of a rate proceeding,Class A utilities will use the Balance Sheet Method and
Class B Utilities will use the One-eighth Operating and Maintenance Expense Method.
W-2
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WATER OPERATING STATEMENT
REF. CURRENT
ACCT. NO. ACCOUNT NAME PAGE YEAR
(a) (b) (c) (d)
UTILITY OPERATING INCOME
400 Operating Revenues W-9 $ 2,657,250
469,530 Less: Guaranteed Revenue and AFPI W-9 -
Net Operating Revenues 2,657,250
401 Operating Expenses W-10(a) 1,645,165
403 Depreciation Expense W-6(a) 938,784
Less:Amortization of CIAC W-8(a) (402,742)
Net Depreciation Expense 536,042
406 Amortization of Utility Plant Acquisition Adjustment F-7 -
407 Amortization Expense(Other than CIAC) F-3(b) 9,215
Taxes Other Than Income
408.10 Utility Regulatory Assessment Fee -
408.11 Property Taxes 89,746
408.12 Payroll Taxes -
408.13 Other Taxes and Licenses 5,460
408 Total Taxes Other Than Income 95,206
409 Current Income Taxes -
410.10 Deferred Income Taxes -
411.10 Provision for Deferred Income Taxes -Credit -
412.10 Invest.Tax Credits Deferred to Future Periods -
412.11 Invest.Tax Credits Restored to Oper. Income -
Utility Operating Expenses 2,285,628
Utility Operating Income 371,622
469 Add Back: Guaranteed Revenue(and AFPI) W-9 -
413 Income from Utility Plant Leased to Others -
414 Gains (losses)from Disposition of Utility Property 20,500
420 Allowance for Funds Used During Construction -
Total Utility Operating(Loss)Income $ 392,122
W-3
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WATER UTILITY PLANT ACCOUNTS
CURRENT
ACCT.NO. ACCOUNT NAME PREVIOUS YEAR ADDITIONS RETIREMENTS YEAR
(a) (b) (c) (d) (e) (f)
301 Organization $ 75,862 - - $ 75,862
302 Franchises 286,740 7,500 - 294,240
303 Land and Land Rights 79,200 - - 79,200
304 Structure and Improvements 4,967,588 155,844 1,315 5,122,117
305 Collecting and Impounding Reservoirs - - - -
306 Lake,River and Other Intakes - - - -
307 Wells and Springs 488,703 - - 488,703
308 Infiltration Galleries and Tunnels -
- - -
309 Supply Mains 1,069,317 - - 1,069,317
310 Power Generation Equipment - - - -
311 Pumping Equipment 1,550,764 - - 1,550,764
320 Water Treatment Equipment 3,958,154 28,248 1,067 3,985,335
330 Distribution Reservoirs and Standpipes 923,813 - - 923,813
331 Transmission and Distribution Mains 9,206,736 1,150,641 - 10,357,377
333 Services 1,254,036 345,623 - 1,599,659
334 Meters and Meter Installations 818,594 285,939 24,452 1,080,081
335 Hydrants 1,995,511 422,129 - 2,417,640
336 Backflow Prevention Devices 107,471 - 107,471 -
339 Other Plant/Miscellaneous Equipment 42,042 - - 42,042
340 Office Furniture and Equipment 143,971 2.805 16,098 130,678
341 Transportation Equipment 135,469 102,526 41,633 196,362
342 Stores Equipment - - - -
343 Tools,Shop and Garage Equipment - - - -
344 Laboratory Equipment 9,169 - - 9,169
345 Power Operated Equipment - -- -
346 Communication Equipment - -
-
-
347 Miscellaneous Equipment - - - -
348 Other Tangible Plant - - - -
TOTAL WATER PLANT $ 27,113,140 $ 2,501,254 $ 192,035 $ 29,422,359
NOTE:Any adjustments made to reclassify property from one account to another must be footnoted.
W-4(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WATER UTILITY PLANT MATRIX
.1 .2 .3 .4 .5
TRANSMISSION
SOURCE OF WATER AND
CURRENT INTANGIBLE SUPPLY AND TREATMENT DISTRIBUTION GENERAL
ACCT.NO. ACCOUNT NAME YEAR PLANT PUMPING PLANT PLANT PLANT PLANT
(a) (b) (c) (d) (e) (f) (g) (h)
301 Organization $ 75,862 $ 75,862
302 Franchises 294,240 294,240
303 Land and Land Rights 79,200 $ - $ 72,600 $ 6,600 $ -
304 Structure and Improvements 5,122,117 - 5,122,117 - -
305 Collecting and Impounding Reservoirs - -
306 Lake,River and Other Intakes - -
307 Wells and Springs 488,703 488,703
308 Infiltration Galleries and Tunnels - -
309 Supply Mains 1,069,317 1,069,317
310 Power Generation Equipment - -
311 Pumping Equipment 1,550,764 1,550,764 - -
320 Water Treatment Equipment 3,985,335 3,985,335
330 Distribution Reservoirs and Standpipes 923,813 923,813
331 Transmission and Distribution Mains 10,357,377 10,357,377
333 Services 1,599,659 1,599,659
334 Meters and Meter Installations 1,080,081 1,080,081
335 Hydrants 2,417,640 2,417,640
336 Backflow Prevention Devices - -
339 Other Plant I Miscellaneous Equipment 42,042 - - 42,042
340 Office Furniture and Equipment 130,678 130,678
341 Transportation Equipment 196,362 196,362
342 Stores Equipment - -
343 Tools,Shop and Garage Equipment - -
344 Laboratory Equipment 9,169 9,169
345 Power Operated Equipment - -
346 Communication Equipment - -
347 Miscellaneous Equipment - -
348 Other Tangible Plant - -
TOTAL WATER PLANT $ 29,422,359 $ 370,102 $ 3,108,784 $ 9,222,094 $ 16,385,170 $ 336,209
W-4(b)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
BASIS FOR WATER DEPRECIATION CHARGES
DEPRECIATION RATE
AVERAGE NET APPLIED IN
AVERAGE SERVICE SALVAGE IN PERCENT
ACCT.NO. ACCOUNT NAME LIFE IN YEARS PERCENT (100%-d)/c
(a) (b) (c) (d) (e)
301 Organization 40 2.50%
302 Franchises 40 2.50%
304 Structure and Improvements 32 3.13%
305 Collecting and Impounding Reservoirs
306 Lake,River and Other Intakes
307 Wells and Springs 30 3.33%
308 Infiltration Galleries and Tunnels
309 Supply Mains 35 2.86%
310 Power Generation Equipment
311 Pumping Equipment 20 5.00%
320 Water Treatment Equipment 22 4.55%
330 Distribution Reservoirs and Standpipes 37 2.70%
331 Transmission and Distribution Mains 43 2.33%
333 Services 40 2.50%
334 Meters and Meter Installations 20 5.00%
335 Hydrants 45 2.22%
336 Backflow Prevention Devices 15 6.67%
339 Other Plant/Miscellaneous Equipment 18 5.56%
340 Office Furniture and Equipment 15 6.67%
341 Transportation Equipment 6 16.67%
342 Stores Equipment
343 Tools,Shop and Garage Equipment
344 Laboratory Equipment 15 6.67%
345 Power Operated Equipment
346 Communication Equipment
347 Miscellaneous Equipment
348 Other Tangible Plant
Water Plant Composite Depreciation Rate* N/A N/A N/A
If depreciation rates prescribed by this Commission are on a total composite basis,entries should be made on this line only.
W-5
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ANALYSIS OF ENTRIES IN WATER ACCUMULATED DEPRECIATION
BALANCE AT
BEGINNING OF TOTAL CREDITS
ACCT.NO. ACCOUNT NAME YEAR ACCRUALS OTHER CREDITS* (d+e)
(a) (b) (c) (d) (e) (f)
301 Organization $ 30,345 $ 1,897 $ - $ 1,897
302 Franchises 114,370 7,168 - 7,168
304 Structure and Improvements 2,259,398 155,589 - 155,589
305 Collecting and Impounding Reservoirs - - - -
306 Lake,River and Other Intakes - - - -
307 Wells and Springs 223,069 16,290 - 16,290
308 Infiltration Galleries and Tunnels - - - -
309 Supply Mains 462,145 30,552 - 30,552
310 Power Generation Equipment - - - -
311 Pumping Equipment 1,150,329 77,542 - 77,542
320 Water Treatment Equipment 2,577,836 182,570 - 182,570
330 Distribution Reservoirs and Standpipes 378,746 24,968 - 24,968
331 Transmission and Distribution Mains 2,828,685 254,680 - 254,680
333 Services 210,642 35,382 - 35,382
334 Meters and Meter Installations 31,110 40,930 - 40,930
335 Hydrants 326,682 47,675 - 47,675
336 Backflow Prevention Devices 104,413 7,164 - 7,164
339 Other Plant/Miscellaneous Equipment 4,514 2,336 - 2,336
340 Office Furniture and Equipment 126,214 26,779 - 26,779
341 Transportation Equipment 85,178 26,651 - 26,651
342 Stores Equipment - - - -
343 Tools,Shop and Garage Equipment - - - -
344 Laboratory Equipment (783) 611 - 611
345 Power Operated Equipment - - - -
346 Communication Equipment - - - -
347 Miscellaneous Equipment - - - -
348 Other Tangible Plant - - - -
TOTAL WATER ACCUMULATED DEPRECIATION $ 10,912,893 $ 938,784 $ - $ 938,784
*Specify nature of transaction
Use()to denote reversal entries. W-6(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ANALYSIS OF ENTRIES IN WATER ACCUMULATED DEPRECIATION(Cont'd)
COST OF BALANCE AT
PLANT SALVAGE AND REMOVAL AND TOTAL CHARGES END OF YEAR
ACCT.NO. ACCOUNT NAME RETIRED INSURANCE OTHER CHARGES (g-h+i) (c+f-j)
(a) (b) (9) (h) (I) (i) (k)
301 Organization $ - $ - $ - $ - $ 32,242
302 Franchises - - - - 121,538
304 Structure and Improvements (1,315) - - (1,315) 2,413,672
305 Collecting and Impounding Reservoirs - - - - -
306 Lake,River and Other Intakes - - - - -
307 Wells and Springs - - - - 239,359
308 Infiltration Galleries and Tunnels - - - - -
309 Supply Mains - - - - 492,697
310 Power Generation Equipment - - - - -
311 Pumping Equipment - - - - 1,227,871
320 Water Treatment Equipment (1,067) - - (1,067) 2,759,339
330 Distribution Reservoirs and Standpipes - - - - 403,714
331 Transmission and Distribution Mains - - - - 3,083,365
333 Services - - - - 246.024
334 Meters and Meter Installations (24,452) - - (24,452) 47,588
335 Hydrants - - - - 374,357
336 Backflow Prevention Devices (107,471) - - (107,471) 4,106
339 Other Plant I Miscellaneous Equipment - - - - 6,850
340 Office Furniture and Equipment (16,098) - - (16,098) 136.895
341 Transportation Equipment (41,632) - - (41,632) 70.197
342 Stores Equipment - - - - -
343 Tools,Shop and Garage Equipment - - - - -
344 Laboratory Equipment - - - - (172)
345 Power Operated Equipment - - - - -
346 Communication Equipment - - - - -
347 Miscellaneous Equipment - - - - -
348 Other Tangible Plant - - - - -
TOTAL WATER ACCUMULATED DEPRECIATION $ (192,035) $ - $ - $ (192,035) $ 11,659,642
Specify nature of transaction
Use()to denote reversal entries.
W-6(b)
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company, LLLP/Collier County December 31,2022
CONTRIBUTIONS IN AID OF CONSTRUCTION
ACCT. 271
DESCRIPTION REF.PAGE WATER
(a) (b) (c)
Balance First of Year $ 11,301,560
Add credits during year:
Contributions received from Capacity,Main Extension and Customer
Connection Charges W-8(a) 1,352,166
Contributions received from Developer or Contractor Agreements in
cash or property W-8(b) 1,882,578
Total Credits 3,234,744
Less debits charged during year
(All debits charged during the year must be explained below) (111,521)
Total Contribution in Aid of Construction $ 14,424,783
If any prepaid CIAC has been collected,provide a supporting schedule showing how the amount is
determined.
Explain all debits charged to Account 271 during the year below:
Debits are the result of disposals of CIAC property in 2022.
W-7
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WATER CIAC SCHEDULE "A"
ADDITIONS TO CONTRIBUTIONS IN AID OF CONSTRUCTION RECEIVED FROM
CAPACITY, MAIN EXTENSION AND CUSTOMER CONNECTION CHARGES RECEIVED
NUMBER OF CHARGE PER
DESCRIPTION OF CHARGE CONNECTIONS CONNECTION AMOUNT
(a) (b) (c) (d)
3/4"Meter Install 409 $ 328.30 $ 134,275
3/4"Meter Install 160 391.00 62,560
3/4" Meter Install 16 368.31 5,893
1 1/2"Meter Install 7 1,397.78 9,784
2"Meter Install 9 1,576.38 14,187
2" Meter Install 1 1,125.79 1,126
2" Meter Install 1 1,554.99 1,555
3"Meter Install 3 1,973.02 5,919
Capacity Fees Collected (per ERC) 1,720 649.48 1,116,867
Total Credits $ 1,352,166
ACCUMULATED AMORTIZATION OF WATER
CONTRIBUTIONS IN AID OF CONSTRUCTION
DESCRIPTION WATER
(a) (b)
Balance first of year $ 2,671,628
Debits during the year:
Accruals charged to Account 272 402,742
Other debits (Specify): -
Total Debits 402,742
Credits during the year(Specify): (111,521)
Disposals of CIAC
Total Credits (111,521)
Balance end of year $ 2,962,849
W-8(a)
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WATER CIAC SCHEDULE"B"
ADDITIONS TO CONTRIBUTIONS IN AID OF CONSTRUCTION RECEIVED FROM
ALL DEVELOPERS OR CONTRACTORS AGREEMENTS WHICH CASH OR
PROPERTY WAS RECEIVED DURING THE YEAR
INDICATE CASH
DESCRIPTION OR PROPERTY AMOUNT
(a) (b) (c)
Pulte Homes Company, LLC Property $ 911,607
CCAM Property, LLC Property 298,302
Lennar Homes, LLC Property 546,706
Ave Maria Development, LLLP Property 107,211
Ave Maria University Property 16,785
Envirostruct, LLC Property 1,967
Total Credits $ 1,882,578
W-8(b)
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WATER OPERATING REVENUE
BEGINNING YEAR END
YEAR NO. NUMBER OF
ACCT.NO. DESCRIPTION CUSTOMERS* CUSTOMERS AMOUNT
(a) (b) (c) (d) (e)
WATER SALES
460 Unmetered Water Revenue N/A N/A $ -
Metered Water Revenue:
461.1 Sales to Residential Customers 2,713 3,173 1,870,792
461.2 Sales to Commercial Customers 197 335 188,583
461.3 Sales to Industrial Customers N/A N/A -
461.4 Sales to Public Authorities N/A N/A -
461.5 Sales Multiple Family Dwellings 90 109 520,451
Total Metered Sales 3,000 3,617 2,579,826
Fire Protection Revenue:
462.1 Public Fire Protection N/A N/A -
462.2 Private Fire Protection N/A N/A -
Total Fire Protection Revenue - - -
464 Other Sales to Public Authorities N/A N/A -
465 Sales to Irrigation Customers N/A N/A -
466 Sales for Resale N/A N/A -
467 Interdepartmental Sales N/A N/A -
Total Water Sales 3,000 3,617 $ 2,579,826
Other Water Revenues:
Guaranteed Revenues(Including Allowance for Funds
469 Prudently Invested or AFPI) $ -
470 Forfeited Discounts -
471 Miscellaneous Services Revenues 13,738
472 Rents from Water Property
473 Interdepartmental Rents
474 Other Water Revenues 63,686
Total Other Water Revenues 77,424
TOTAL WATER OPERATING REVENUES $ 2,657,250
*Customer is defined by Rule 25-30.210(1), Florida Administrative Code.
W-9
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WATER UTILITY EXPENSE ACCOUNTS
.1 .2
SOURCE OF SUPPLY SOURCE OF SUPPLY
AND EXPENSES- AND EXPENSES-
ACCT.NO. ACCOUNT NAME CURRENT YEAR OPERATIONS MAINTENANCE
(a) (b) (c) (d) (e)
601 Salaries and Wages-Employees $ - $ - $ -
Salaries and Wages-Officers,Directors and Majority
603 Stockholders - - -
604 Employee Pension and Benefits - - -
610 Purchased Water - -
615 Purchased Power 125,723 -
616 Fuel for Power Production - -
618 Chemicals 63,368 -
620 Materials and Supplies 68,978 - -
631 Contractual Services-Engineering 2,926 - -
632 Contractual Services-Accounting 3,609 - -
633 Contractual Services-Legal 3,006 - -
634 Contractual Services-Mgt.Fees 963,229 - -
635 Contractual Services-Testing 5,934 - -
636 Contractual Services-Other 240,413 - -
641 Rental of Building/Real Property 18,832 - -
642 Rental of Equipment - - -
650 Transportation Expenses 15,081 - -
656 Insurance-Vehicle - - -
657 Insurance-General Liability 98,639 - -
658 Insurance-Workman's Comp. - - -
659 Insurance-Other - - -
660 Advertising Expense -
Regulatory Commission Expenses
666 -Amortization of Rate Case Expense -
667 Regulatory Commission Expense-Other - - -
668 Water Resource Conservation Expense - - -
670 Bad Debt Expense 1,746
675 Miscellaneous Expenses 33,681 - -
TOTAL WATER UTILITY EXPENSES $ 1,645,165 $ - $ -
W-10(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WATER EXPENSE ACCOUNT MATRIX
.3 .4 .5 .6 .7 .8
WATER WATER TRANSMISSION TRANSMISSION
TREATMENT TREATMENT &DISTRIBUTION&DISTRIBUTION CUSTOMER ADMIN
EXPENSES- EXPENSES- EXPENSES- EXPENSES- ACCOUNTS &GENERAL
OPERATIONS MAINTENANCE OPERATIONS MAINTENANCE EXPENSE EXPENSES
(f) (g) (h) (i) U) (k)
$ - $ - $ - $ - $ - $ -
124,584 - - 1,139
63,368 - - -
-
7,633 - - - 61,345
- - - - - 2,926
-
- - - - 3,609
- _ - - - 3,006
- - - _ - 963,229
5,934 - - - - -
820 144,092 - 16,710 - 78,791
- - - 18,832
-
-
- - 15,081
-
-
- - 98,639
1,746
-
-
- - - 33,681
$ 194,706 $ 151,725 $ - $ 16,710 $ 1,746 $ 1,280,278
W-10(b)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
PUMPING AND PURCHASED WATER STATISTICS
TOTAL WATER
WATER FINISHED WATER WATER USED FOR PUMPED AND WATER
PURCHASED PUMPED FROM LINE FLUSHING, PURCHASED SOLD TO
FOR RESALE WELLS FIGHTING FIRES, (Omit 000's) CUSTOMERS
MONTH (Omit 000's) (Omit 000's) ETC. [b+c-d] (Omit 000's)
(a) (b) (c) (d) (e) (f)
January - 17,471 1,066 16,405 15,619
February - 19,189 1,305 17,884 18,022
March - 21,057 1,756 19,301 18,384
April - 20,897 1,740 19,157 19,210
May - 19,323 1,609 17,714 17,730
June - 19,012 1,559 17,453 17,160
July - 17,693 1,119 16,574 16,927
August - 16,595 1,515 15,080 16,298
September - 19,760 1,679 18,081 19,243
October - 19,739 1,965 17,774 19,300
November - 20,245 1,177 19,068 20,088
December - 21,981 1,598 20,383 20,210
Total for Year N/A 232,962 18,088 214,874 218,191
If water is purchased for resale,indicate the following:
Vendor N/A
Point of delivery N/A
If water is sold to other water utilities for redistribution,list names of such utilities below:
SOURCE OF SUPPLY
GALLONS
CAPACITY PER DAY TYPE OF
OF WELL FROM SOURCE SOURCE
List for each source of supply:
Well#1 1.008 MGD 285,808 GPD Ground
Well#2 1.008 MGD 271,884 GPD Ground
Well#3 1.008 MGD 271,930 GPD Ground
W-11
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name 1 County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WATER TREATMENT PLANT INFORMATION
Provide a separate sheet for each water treatment facility.
Permitted Capacity of Plant(GPD): 999,000 GPD
Location of measurement of capacity
(i.e.Wellhead,Storage Tank): Storage Tank
Type of treatment
(Reverse osmosis,sedimentation, chemical,
aerated,etc.): Membrane Softening
LIME TREATMENT
Unit rating (i.e.GPM, pounds
per gallon): N/A Manufacturer: N/A
FILTRATION
Type and size of area:
Pressure(in square feet): N/A Manufacturer: N/A
Gravity (in GPM/square feet): N/A Manufacturer: N/A
W-12
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
CALCULATION OF THE WATER SYSTEM METER EQUIVALENTS
TOTAL NUMBER
OF METER
METER EQUIVALENT NUMBER OF EQUIVALENTS
SIZE TYPE OF METER FACTOR METERS [c x d]
(a) (b) (c) (d) (e)
All Residential Displacement or Magnetic 1.0 3,173 3,173
5/8" Displacement or Magnetic 1.0 9 9
3/4" Displacement or Magnetic 1.5 344 516
1" Displacement or Magnetic 2.5 12 30
1 1/2" Displacement or Turbine 5.0 31 155
2" Displacement,Compound or Turbine 8.0 29 232
3" Displacement 15.0 - -
3" Compound 16.0 17 272
3" Turbine 17.5 - -
4" Displacement or Compound 25.0 2 50
4" Turbine 30.0 - -
6" Displacement or Compound 50.0 1 50
6" Turbine 62.5 - -
8" Compound 80.0 2 160
8" Turbine 90.0 - -
10" Compound 115.0 - -
10" Turbine 145.0 - -
12" Turbine 215.0 - -
Total Water System Meter Equivalents 4,647
CALCULATION OF THE WATER SYSTEM EQUIVALENT RESIDENTIAL CONNECTION
Provide a calculation used to determine the value of one water equivalent residential connection(ERC).Use one of
the following methods:
(a) If actual flow data are available from the preceeding 12 months,divide the total annual single
family residence(SFR)gallons sold by the average number of single family residence customers
for the same period and divide the result by 365 days.
(b) If no historical flow data are available,use:
ERC=(Total SFR gallons sold(Omit 000)/365 days/350 gallons per day)
ERC Calculation:
ERC= 218,191 Gallons,divided by
275 GPD
365 Days
2,174
W-13
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
OTHER WATER SYSTEM INFORMATION
Furnish information below for each system.A separate page should be supplied where necessary.
1.Present ERCs*the system can efficiently serve. 3,636
2.Maximum number of ERCs*which can be served. 3,636
3.Present system connection capacity(in ERCs*)using existing lines. 5,055
4.Future connection capacity(in ERCs*)upon service area buildout. 20,308
5.Estimated annual increase in ERCs'. 386.4007
6. Is the utility required to have fire flow capacity? Yes
If so, how much capacity is required? 4,500 GPM
7.Attach a description of the fire fighting facilities. 1.5MG storage&five(5)high service pumps rated 1.260 GPM each
8. Describe any plans and estimated completion dates for any enlargements or improvements of this system.
Plant expansion design for water treatment plant is underway.Construction projected to begin in Q1 2024.
9.When did the company last file a capacity analysis report with the DEP? N/A
10. If the present system does not meet the requirements of DEP rules:
a.Attach a description of the plant upgrade necessary to meet the DEP ru N/A-In compliance
b.Have these plans been approved by DEP? N/A
c.When will construction begin? N/A
d.Attach plans for funding the required upgrading. N/A
e.Is this system under any Consent Order with DEP? N/A
11.Department of Environmental Protection ID# 5114154
12.Water Management District Consumptive Use Permit# 11-02298W
a. Is the system in compliance with the requirements of the CUP? Yes
b.If not,what are the utility's plans to gain compliance? N/A
`An ERC is determined based on the calculation on the bottom of Page W-13.
W-14
GROUP 1
WASTEWATER
OPERATION
SECTION
YEAR OF REPORT
UTILITY NAME: Ave Maria Utility Company, LLLP December 31, 2022
WASTEWATER LISTING OF SYSTEM GROUPS
List below the name of each reporting system and its certificate number. Those systems which have been consolidated
under the same tariff should be assigned a group number. Each individual system which has not been consolidated
should be assigned its own group number.
The wastewater financial schedules(S-2 through S-10)should be filed for the group in total.
The wastewater engineering schedules(S-I 1 through S-13)must be filed for each system in the group.
All of the following wastewater pages(S-2 through S-13)should be completed for each group and arranged
by group number.
CERTIFICATE GROUP
SYSTEM NAME/COUNTY NUMBER NUMBER
Ave Maria Utility Company LLLP/Collier County 09S 1
S-I
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
SCHEDULE OF YEAR END WASTEWATER RATE BASE
REF. WASTEWATER
ACCT.NO. ACCOUNT NAME PAGE UTILITY
(a) (b) (c) (d)
101 Utility Plant In Service S-4(a) $ 31,337,325
Less:
Nonused and Useful Plant(1)
108 Accumulated Depreciation S-6(b) 14,642,253
110 Accumulated Amortization
271 Contributions in Aid of Construction S-7 15,733,561
252 Advances for Construction F-20 -
Subtotal 961,511
Add:
272 Accumulated Amortization of
Contributions in Aid of Construction S-8(a) 3,389,263
Subtotal 4,350,774
Plus or Minus:
114 Acquisition Adjustments(2) F-7 -
Accumulated Amortization of
115 Acquisition Adjustments(2) F-7 -
Working Capital Allowance(3) 272,967
Other(Specify): -
WASTEWATER RATE BASE $ 4,623,741
WASTEWATER OPERATING INCOME S-3 $ 493,451
ACHIEVED RATE OF RETURN(Wastewater Operating Income/Rate Base) 10.67%
NOTES:
(1) Estimated based on the methodology used in the last rate proceeding.
(2) Include only those Acquisition Adjustments that have been approved by the Commission.
(3)Calculation consistent with last rate proceeding.
In absence of a rate proceeding,Class A utilities will use the Balance Sheet Method and
Class B Utilities will use the One-eighth Operating and Maintenance Expense Method.
S-2
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WASTEWATER OPERATING STATEMENT
REF. WASTEWATER
ACCT. NO. ACCOUNT NAME PAGE UTILITY
(a) (b) (c) (d)
UTILITY OPERATING INCOME
400 Operating Revenues S-9(b) $ 3,536,570
530 Less: Guaranteed Revenue and AFPI S-9(a) -
Net Operating Revenues 3,536,570
401 Operating Expenses S-10(a) 2,183,737
403 Depreciation Expense S-6(a) 1,163,634
Less: Amortization of CIAC S-8(a) (434,017)
Net Depreciation Expense 729,617
406 Amortization of Utility Plant Acquisition Adjustment F-7 -
407 Amortization Expense(Other than CIAC) -
Taxes Other Than Income
408.10 Utility Regulatory Assessment Fee -
408.11 Property Taxes 119,112
408.12 Payroll Taxes -
408.13 Other Taxes and Licenses 10,653
408 Total Taxes Other Than Income 129,765
409 Current Income Taxes
410.10 Deferred Income Taxes
411.10 Provision for Deferred Income Taxes-Credit
412.10 Invest.Tax Credits Deferred to Future Periods
412.11 Invest.Tax Credits Restored to Oper. Income
Utility Operating Expenses 3,043,119
Utility Operating Income 493,451
530 Add Back: Guaranteed Revenue(and AFPI) S-9(a) -
413 Income from Utility Plant Leased to Others -
414 Gains (losses)from Disposition of Utility Property 20,500
420 Allowance for Funds Used During Construction -
Total Utility Operating(Loss)Income $ 513,951
S-3
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31.2022
WASTEWATER UTILITY PLANT ACCOUNTS
CURRENT
ACCT.NO. ACCOUNT NAME PREVIOUS YEAR ADDITIONS RETIREMENTS YEAR
(a) (b) (c) (d) (e) (f)
351 Organization $ 75.862 $ - $ - $ 75,862
352 Franchises 286.740 7,500 - 294,240
353 Land and Land Rights 189.200 - - 189,200
354 Structure and Improvements 2,383.520 169,106 488 2,552,138
355 Power Generation Equipment - - - -
360 Collection Sewers-Force 3,717.621 154,843 - 3,872,464
361 Collection Sewers-Gravity 7,403.540 2,380,209 - 9,783,749
362 Special Collecting Structures - - - -
363 Services to Customers 485.695 - - 485,695
364 Flow Measuring Devices - - - -
365 Flow Measuring Installations - - - -
366 Reuse Services 33,631 - - 33,631
367 Reuse Meters and Meter Installations - - - -
370 Receiving Wells 2,624.052 818,368 - 3,442,420
371 Pumping Equipment 663.780 116,695 - 780,475
374 Reuse Distribution Reservoirs 982,972 - - 982,972
375 Reuse Transmission and Distribution System 1,156,755 - - 1,156,755
380 Treatment and Disposal Equipment 6,501,738 - 746 6,500,992
381 Plant Sewers 827,575 - - 827,575
382 Outfall Sewer Lines - - - -
389 Other Plant Miscellaneous Equipment - - - -
390 Office Furniture and Equipment 155,157 2,804 3,357 154,605
391 Transportation Equipment 133,469 102,526 41,633 194,362
392 Stores Equipment - - - -
393 Tools,Shop and Garage Equipment - - - -
394 Laboratory Equipment 10,190 - - 10,190
395 Power Operated Equipment - - - -
396 Communication Equipment - - - -
397 Miscellaneous Equipment - - - -
398 Other Tangible Plant - - - -
TOTAL WASTEWATER PLANT $ 27,631.497 $ 3,752,051 $ 46,223 $ 31,337,325
NOTE:Any adjustments made to reclassify property from one account to another must be footnoted.
S-4(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER UTILITY PLANT MATRIX
.1 .2 .3 .4 .5 .6 .7
RECLAIMED RECLAIMED
SYSTEM WASTEWATER WASTEWATER
INTANGIBLE COLLECTION PUMPING TREATMENT TREATMENT DISTRIBUTION GENERAL
ACCT.NO. ACCOUNT NAME PLANT PLANT PLANT &DISPOSAL PLANT PLANT PLANT
(a) (b) (g) (h) (i) li) (k) (I) (m)
351 Organization $ 75,862
352 Franchises 294.240 $ -
353 Land and Land Rights $ - $ - $ 97,900 $ - - $ 91,300
354 Structure and Improvements - - 2,552,138 - - -
355 Power Generation Equipment - - - - - -
360 Collection Sewers-Force 3,872,464
361 Collection Sewers-Gravity 9.783,749
362 Special Collecting Structures -
363 Services to Customers 485,695
364 Flow Measuring Devices -
365 Flow Measuring Installations -
366 Reuse Services 33,631
367 Reuse Meters and Meter Installations -
370 Receiving Wells 3,442,420
371 Pumping Equipment 780,475 - -
374 Reuse Distribution Reservoirs 982,972
Reuse Transmission and Distribution
375 System 1,156,755
380 Treatment and Disposal Equipment 6,500,992 -
381 Plant Sewers 827,575 -
382 Outfall Sewer Lines - -
389 Other Plant Miscellaneous Equipment - - - - - -
390 Office Furniture and Equipment 154,605
391 Transportation Equipment 194,362
392 Stores Equipment -
393 Tools,Shop and Garage Equipment -
394 Laboratory Equipment 10,190
395 Power Operated Equipment -
396 Communication Equipment -
397 Miscellaneous Equipment -
398 Other Tangible Plant -
TOTAL WASTEWATER PLANT $ 370,102 $ 14,141,908 $ 4,222,895 $ 9,978,605 $ 982,972 $ 1,190,386 $ 450,457
NOTE:Any adjustments made to reclassify property from one account to another must be footnoted.
S-4(b)
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
BASIS FOR WASTEWATER DEPRECIATION CHARGES
DEPRECIATION RATE
AVERAGE NET APPLIED IN
AVERAGE SERVICE SALVAGE IN PERCENT
ACCT.NO. ACCOUNT NAME LIFE IN YEARS PERCENT (100%-d)/c
(a) (b) (c) (d) (e)
351 Organization 40 2.50%
352 Franchises 40 2.50%
354 Structure and Improvements 32 3.13%
355 Power Generation Equipment
360 Collection Sewers-Force 30 3.33%
361 Collection Sewers-Gravity 45 2.22%
362 Special Collecting Structures
363 Services to Customers 38 2.63%
364 Flow Measuring Devices
365 Flow Measuring Installations
366 Reuse Services 40 2.50%
367 Reuse Meters and Meter Installations
370 Receiving Wells 30 3.33%
371 Pumping Equipment 18 5.56%
374 Reuse Distribution Reservoirs 43 2.33%
375 Reuse Transmission and Distribution System 25 4.00%
380 Treatment and Disposal Equipment 18 5.56%
381 Plant Sewers 32 3.13%
382 Outfall Sewer Lines
389 Other Plant Miscellaneous Equipment
390 Office Furniture and Equipment 15 6.67%
391 Transportation Equipment 6 16.67%
392 Stores Equipment
393 Tools,Shop and Garage Equipment
394 Laboratory Equipment 15 6.67%
395 Power Operated Equipment
396 Communication Equipment
397 Miscellaneous Equipment
398 Other Tangible Plant
Wastewater Plant Composite Depreciation Rate* N/A N/A N/A
*If depreciation rates prescribed by this Commission are on a total composite basis,entries should be made on this line only.
S-5
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ANALYSIS OF ENTRIES IN WASTEWATER ACCUMULATED DEPRECIATION
BALANCE AT
BEGINNING OF TOTAL CREDITS
ACCT.NO. ACCOUNT NAME YEAR ACCRUALS OTHER CREDITS* (d+e)
(a) (b) (c) (d) (e) (f)
351 Organization $ 30,345 $ 1,897 $ - $ 1,897
352 Franchises 114,370 7,168 - 7,168
354 Structure and Improvements 1,001,696 75,043 - 75,043
355 Power Generation Equipment - - - -
360 Collection Sewers-Force 1,701,064 125,473 - 125,473
361 Collection Sewers-Gravity 1,586,694 209,456 - 209,456
362 Special Collecting Structures - - - -
363 Services to Customers 151,503 12,782 - 12,782
364 Flow Measuring Devices - - - -
365 Flow Measuring Installations - - - -
366 Reuse Services 3,924 841 - 841
367 Reuse Meters and Meter Installations - - - -
370 Receiving Wells 985,604 110,132 - 110,132
371 Pumping Equipment 347,964 42,111 - 42,111
374 Reuse Distribution Reservoirs 250,922 29,114 - 29,114
375 Reuse Transmission and Distribution System 429,277 28,695 - 28,695
380 Treatment and Disposal Equipment 6,393,763 442,763 - 442,763
381 Plant Sewers 390.081 25,862 - 25,862
382 Outfall Sewer Lines - - - -
389 Other Plant Miscellaneous Equipment - - - -
390 Office Furniture and Equipment 59,107 25,301 - 25,301
391 Transportation Equipment 84,401 26,318 - 26,318
392 Stores Equipment - - - -
393 Tools,Shop and Garage Equipment - - - -
394 Laboratory Equipment (5,871) 679 (1) 678
395 Power Operated Equipment - - - -
396 Communication Equipment - - - -
397 Miscellaneous Equipment - - - -
398 Other Tangible Plant - - - -
TOTAL WASTEWATER ACCUMULATED DEPRECIATION $ 13,524,844 $ 1,163,635 $ (1) $ 1,163,634
*Specify nature of transaction
Use()to denote reversal entries.
Notes:(1)Rounding
S-6(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
ANALYSIS OF ENTRIES IN WASTEWATER ACCUMULATED DEPRECIATION(Cont'd)
COST OF BALANCE AT
PLANT SALVAGE AND REMOVAL AND TOTAL CHARGES END OF YEAR
ACCT.NO. ACCOUNT NAME RETIRED INSURANCE OTHER CHARGES (g-h+i) (c+f-j)
(a) (b) (9) (h) (i) (j) (k)
351 Organization $ - $ - $ - $ - $ 32,242
352 Franchises - - - - 121,538
354 Structure and Improvements (488) - - (488) 1,076,251
355 Power Generation Equipment - - - - -
360 Collection Sewers-Force - - - 1,826,537
361 Collection Sewers-Gravity - - - - 1,796,150
362 Special Collecting Structures - - - - -
363 Services to Customers - - - - 164,285
364 Flow Measuring Devices - - - - -
365 Flow Measuring Installations - - - - -
366 Reuse Services - - - - 4,765
367 Reuse Meters and Meter Installations - - - - -
370 Receiving Wells - - - - 1,095,736
371 Pumping Equipment - - - - 390,075
374 Reuse Distribution Reservoirs - - - - 280,036
375 Reuse Transmission and Distribution System - - - - 457,972
380 Treatment and Disposal Equipment (747) - - (747) 6,835,779
381 Plant Sewers - - - - 415,943
382 Outfall Sewer Lines - - - - -
389 Other Plant Miscellaneous Equipment - - - - -
390 Office Furniture and Equipment (3,357) - - (3,357) 81,051
391 Transportation Equipment (41,633) - - (41,633) 69,086
392 Stores Equipment - - - - -
393 Tools,Shop and Garage Equipment - - - - -
394 Laboratory Equipment - - - - (5,193)
395 Power Operated Equipment - - - - -
396 Communication Equipment - - - - -
397 Miscellaneous Equipment - - - - -
398 Other Tangible Plant - - - - -
TOTAL WASTEWATER ACCUMULATED DEPRECIATION$ (46,225) $ - $ - $ (46,225) $ 14,642,253
Specify nature of transaction
Use()to denote reversal entries.
S-6(b)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
CONTRIBUTIONS IN AID OF CONSTRUCTION
ACCT. 271
DESCRIPTION REF.PAGE WASTEWATER
(a) (b) (c)
Balance First of Year $ 11,445,359
Add credits during year:
Contributions received from Capacity,Main Extension and Customer
Connection Charges S-8(a) 964,075
Contributions received from Developer or Contractor Agreements in
cash or property S-8(b) 3,324,127
Total Credits 4,288,202
Less debits charged during year
(All debits charged during the year must be explained below) -
Total Debits -
Total Contribution in Aid of Construction $ 15,733,561
If any prepaid CIAC has been collected,provide a supporting schedule showing how the amount is determined.
Explain all debits charged to Account 271 during the year below:
S-7
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name/County: Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WASTEWATER CIAC SCHEDULE "A"
ADDITIONS TO CONTRIBUTIONS IN AID OF CONSTRUCTION RECEIVED FROM
CAPACITY, MAIN EXTENSION AND CUSTOMER CONNECTION CHARGES RECEIVED
NUMBER OF CHARGE PER
DESCRIPTION OF CHARGE CONNECTIONS CONNECTION AMOUNT
(a) (b) (c) (d)
Capacity Fees Collected(per ERC) 1,713 $ 562.82 $ 964,075
Total Credits $ 964,075
ACCUMULATED AMORTIZATION OF WASTEWATER
CONTRIBUTIONS IN AID OF CONSTRUCTION
DESCRIPTION WASTEWATER
(a) (b)
Balance first of year $ 2,955,246
Debits during the year:
Accruals charged to Account 272 434,017
Other debits(Specify): -
Total Debits 434,017
Credits during the year(Specify): -
Total Credits -
Balance end of year $ 3,389,263
S-8(a)
GROUP 1
Utility Name: Ave Maria Utility Company, LLLP Year of Report
System Name I County:Ave Maria Utility Company, LLLP/Collier County December 31, 2022
WASTEWATER CIAC SCHEDULE "B"
ADDITIONS TO CONTRIBUTIONS IN AID OF CONSTRUCTION RECEIVED FROM
ALL DEVELOPERS OR CONTRACTORS AGREEMENTS WHICH CASH OR
PROPERTY WAS RECEIVED DURING THE YEAR
INDICATE CASH
DESCRIPTION OR PROPERTY AMOUNT
(a) (b) (c)
Pulte Homes Company, LLC Property $ 1,721,873
CCAM Property, LLC Property 899,931
Lennar Homes, LLC Property 598,533
Ave Maria Development, LLLP Property 103,790
Total Credits $ 3,324,127
S-8(b)
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER OPERATING REVENUE
BEGINNING YEAR END
YEAR NO. NUMBER OF
ACCT.NO. DESCRIPTION CUSTOMERS* CUSTOMERS AMOUNT
(a) (b) (c) (d) (e)
WASTEWATER SALES
Flat Rate Revenues:
521.1 Residential Revenues N/A N/A $ -
521.2 Commercial Revenues N/A N/A -
521.3 Industrial Revenues N/A N/A -
521.4 Revenues from Public Authorities N/A N/A -
521.5 Multiple Family Dwelling Revenues N/A N/A -
521.6 Other Revenues N/A N/A -
521 Total Flat Rate Revenues - - -
Measured Revenues:
522.1 Residential Revenues 2,713 3,173 2,366,965
522.2 Commercial Revenues 178 322 171,260
522.3 Industrial Revenues N/A N/A -
522.4 Revenues from Public Authorities N/A N/A -
522.5 Multiple Family Dwelling Revenues 73 93 581,882
522 Total Measured Revenues 2.964 3,588 3,120,107
523 Revenues from Public Authorities N/A N/A -
524 Revenues from Other Systems N/A N/A -
525 Interdepartmental Srevenues N/A N/A -
Total Wastewater Sales 2,964 3,588 $ 3,120,107
OTHER WASTEWATER REVENUES
530 Guaranteed Revenues $ -
531 Sale of Sludge -
532 Forfeited Discounts -
534 Rents from Wastewater Property -
535 Interdepartmental Rents -
536 Other Wastewater Revenues
(including Allowance for Funds Prudently Invested or AFPI) 58,352
Total Other Wastewater Revenues $ 58,352
*Customer is defined by Rule 25-30.210(1),Florida Administrative Code.
S-9(a)
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER OPERATING REVENUE (Cont'd)
BEGINNING YEAR END
YEAR NO. NUMBER OF
ACCT.NO. DESCRIPTION CUSTOMERS* CUSTOMERS AMOUNT
(a) (b) (c) (d) (e)
RECLAIMED WATER SALES
Flat Rate Reuse Revenues:
540.1 Residential Reuse Revenues N/A N/A $ -
540.2 Commercial Reuse Revenues N/A N/A -
540.3 Industrial Reuse Revenues N/A N/A -
540.4 Reuse Revenues from Public Authorities N/A N/A -
540.5 Other Revenues 3 3 358,111
540 Total Flat Rate Revenues 3 3 358,111
Measured Reuse Revenues:
541.1 Residential Reuse Revenues N/A N/A -
541.2 Commercial Reuse Revenues N/A N/A -
541.3 Industrial Reuse Revenues N/A N/A -
541.4 Reuse Revenues from Public Authorities N/A N/A -
541 Total Measured Reuse Revenues - - -
524 Reuse Revenues from Other Systems N/A N/A -
Total Reclaimed Water Sales $ 358,111
TOTAL WASTEWATER OPERATING REVENUES $ 3,536,570
*Customer is defined by Rule 25-30.210(1),Florida Administrative Code.
S-9(b)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name I County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER UTILITY EXPENSE ACCOUNT MATRIX
.1 .2 .3 .4 .5 .6
TREATMENT TREATMENT
COLLECTION COLLECTION PUMPING PUMPING &DISPOSAL &DISPOSAL
EXPENSES- EXPENSES- EXPENSES- EXPENSES- EXPENSES- EXPENSES-
ACCT.NO. ACCOUNT NAME CURRENT YEAR OPERATIONS MAINTENANCE OPERATIONS MAINTENANCE OPERATIONS MAINTENANCE
(a) (b) (c) (d) (e) (f) (g) (h) CO
701 Salaries and Wages-Employees $ - $ - $ - $ - $ - $ - $ -
Salaries and Wages-Officers,Directors
703 and Majority Stockholders
704 Employee Pension and Benefits - - - - - - -
710 Purchased Sewage Treatment - -
711 Sludge Removal Expense 122,686 122,686 -
715 Purchased Power 141,360 - - 139,848
716 Fuel for Power Production - - - -
718 Chemicals 87,972 - - - - 87,972 -
720 Materials and Supplies 79,367 - - - 9.324 - 12,410
731 Contractual Services-Engineering 4.693 - - - - - -
732 Contractual Services-Accounting 4,791 - - - - - -
733 Contractual Services-Legal 3.989 - - - - - -
734 Contractual Services-Mgt.Fees 1,028.414 - - - - - -
735 Contractual Services-Testing 59,905 - - - - 59,905 -
736 Contractual Services-Other 424.670 - - - - - 209,457
741 Rental of Building/Real Property 24,993 - - - - - -
742 Rental of Equipment - - - - - - -
750 Transportation Expenses 20,014 - - - - - -
756 Insurance-Vehicle 130,916 - - - - -
757 Insurance-General Liability - - - - - - -
758 Insurance-Workman's Comp. - - - - - - -
759 Insurance-Other - - - - - - -
760 Advertising Expense -
Regulatory Commission Expenses
766 -Amortization of Rate Case Expense -
767 Regulatory Commission Expense-Other - - - - - - -
770 Bad Debt Expense 2.683
775 Miscellaneous Expenses 47,284 - - - - - -
TOTAL WASTEWATER UTILITY EXPENSES $ 2,183,737 $ - $ - $ - $ 9,324 $ 410,411 $ 221,867
S-10(a)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER UTILITY EXPENSE ACCOUNT MATRIX(Cont'd)
.7 .8 .9 .10 .11 .12
RECLAIMED RECLAIMED RECLAIMED RECLAIMED
WATER WATER WATER WATER
CUSTOMER ADMIN. TREATMENT TREATMENT DISTRIBUTION DISTRIBUTION
ACCOUNTS &GENERAL EXPENSES- EXPENSES- EXPENSES- EXPENSES-
ACCT.NO. ACCOUNT NAME EXPENSE EXPENSES OPERATIONS MAINTENANCE OPERATIONS MAINTENANCE
(a) (b) (j) (k) (I) (m) (n) (o)
701 Salaries and Wages-Employees $ - $ - $ - $ - $ - $ -
Salaries and Wages-Officers,Directors
703 and Majority Stockholders
704 Employee Pension and Benefits - - - - - -
710 Purchased Sewage Treatment
711 Sludge Removal Expense
715 Purchased Power - 1,512 - -
716 Fuel for Power Production - - - -
718 Chemicals - - - -
720 Materials and Supplies - 57,633 - - - -
731 Contractual Services-Engineering - 4,693 - - - -
732 Contractual Services-Accounting - 4,791 - - - -
733 Contractual Services-Legal - 3,989 - - - -
734 Contractual Services-Mgt.Fees - 1,028,414 - - - -
735 Contractual Services-Testing - - - - - -
736 Contractual Services-Other - 215,213 - - - -
741 Rental of Building/Real Property - 24,993 - - - -
742 Rental of Equipment - - - - - -
750 Transportation Expenses - 20,014 - - - -
756 Insurance-Vehicle - - - - - -
757 Insurance-General Liability - 130.916 - - - -
758 Insurance-Workman's Comp. - - - - - -
759 Insurance-Other - - - - - -
760 Advertising Expense - - - - - -
Regulatory Commission Expenses
766 -Amortization of Rate Case Expense - - - - - -
767 Regulatory Commission Expense-Other - - - - - -
770 Bad Debt Expense 2,683 - - - - -
775 Miscellaneous Expenses - 47,284 - - - -
TOTAL WASTEWATER UTILITY EXPENSES $ 2.683 $ 1,539,452 $ - $ - $ - $ -
S-10(b)
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
CALCULATION OF THE WASTEWATER SYSTEM METER EQUIVALENTS
TOTAL NUMBER
OF METER
METER EQUIVALENT NUMBER OF EQUIVALENTS
SIZE TYPE OF METER FACTOR METERS [c x d]
(a) (b) (c) (d) (e)
All Residential Displacement or Magnetic 1.0 3,173 3,173
5/8" Displacement or Magnetic 1.0 - -
3/4" Displacement or Magnetic 1.5 334 501
1" Displacement or Magnetic 2.5 6 15
11/2" Displacement or Turbine 5.0 29 145
2" Displacement,Compound or Turbine 8.0 29 232
3" Displacement 15.0 - -
3" Compound 16.0 16 256
3" Turbine 17.5 - -
4" Displacement or Compound 25.0 - -
4" Turbine 30.0 1 30
6" Displacement or Compound 50.0 - -
6" Turbine 62.5 - -
8" Compound 80.0 - -
8" Turbine 90.0 - -
10" Compound 115.0 - -
10" Turbine 145.0 - -
12" Turbine 215.0 - -
Total Wastewater System Meter Equivalents 4,352
CALCULATION OF THE WASTEWATER SYSTEM EQUIVALENT RESIDENTIAL CONNECTION
Provide a calculation used to determine the value of one wastewater equivalent residential connection(ERC).Use one of
the following methods:
(a) If actual flow data are available from the preceeding 12 months,divide the total annual single family
residence(SFR)gallons sold by the average number of single family residence customers for the
same period and divide the result by 365 days.
(b) If no historical flow data are available,use:
ERC=(Total SFR gallons sold(Omit 000)/365 days/280 gallons per day)
For wastewater only utilities:
Subtract all general use and other non residential customer gallons from the total gallons treated.
Divide the remainder(SFR customers)by 365 days to reveal single family residence customer gallons
per day.
NOTE:Total gallons treated includes both treated and purchased treatment.
ERC Calculation:
( 191,486,000 /365 days)/247.5 GPD=
Total gallons treated
2,120
S-11
GROUP 1
Utility Name:Ave Maria Utility Company, LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
WASTEWATER TREATMENT PLANT INFORMATION
Provide a separate sheet for each wastewater treatment facility.
Permitted Capacity 900,000 GPD
Basis of Permit Capacity(1) Average Annual Daily Flow
Manufacturer Siemens(DAVCO)
Type(2) Conventional Activated Sludge/Tertiary Treatment for Public Acess Reuse
Hydraulic Capacity 1,250,000 GPD
Average Daily Flow 524,619
Total Gallons of Wastewater Treated 191,486,000
Method of Effluent Disposal Public Access Reuse
(1)Basis of permitted capacity as stated on the Florida DEP WWTP Operating Permit
(i.e.average annual daily flow,etc.)
(2)Contact stabilization,advanced treatment,etc.
S-12
GROUP 1
Utility Name:Ave Maria Utility Company,LLLP Year of Report
System Name/County:Ave Maria Utility Company,LLLP/Collier County December 31,2022
OTHER WASTEWATER SYSTEM INFORMATION
Furnish information below for each system.A separate page should be supplied where necessary.
1.Present number of ERCs*now being served. 3,600
2.Maximum number of ERCs*which can be served. 3,600
3.Present system connection capacity(in ERCs*)using existing lines. 4,778
4.Future connection capacity(in ERCs*)upon service area buildout. 20,702
5.Estimated annual increase in ERCs". 367.9167
6.Describe any plans and estimated completion dates for any enlargements or improvements of this system.
Plant expansion design for wastewater treatment plant is underway.Construction projected to begin in Q1 2024.
7.If the utility uses reuse as a means of effluent disposal,attach a list of the reuse end users and the amount of reuse provided to each,if
known.
Ave Maria Stewardship Community District-249,788,000 gallons
8.If the utility does not engage in reuse,has a reuse feasibility study been completed? N/A
If so,when? N/A
9.Has the utility been required by the DEP or water management district to implement reus No
If so,what are the utility's plan to comply with this requirement? N/A
10.When did the company last file a capacity analysis report with the DEP? 4/15/2022
11.If the present system does not meet the requirements of DEP rules:
a.Attach a description of the plant upgrade necessary to meet the DEP rules. N/A-In compliance
b.Have these plans been approved by DEP? N/A
c.When will construction begin? N/A
d.Attach plans for funding the required upgrading. N/A
e.Is this system under any Consent Order with DEP? N/A
12.Department of Environmental Protection ID# FLA 376400
An ERC is determined based on the calculation on the bottom of Page S-11.
S-13
GROUP 1
Reconciliation of Revenue to
Regulatory Assessment Fee Revenue
Water Operations
Class A &B
Company: Ave Maria Utility Company, LLLP
For the Year Ended December 31, 2022
(a) (b) (c) (d)
Gross Water Gross Water
Revenues Per Revenues Per Difference
Accounts Sch.W-9 RAF Return (b)-(c)
Gross Revenue:
Unmetered Water Revenues(460) $ $ $
Total Metered Sales(461.1 -461.5) 2,579,826 2,579,826
Total Fire Protection Revenue(462.1 -462.2)
Other Sales to Public Authorities(464)
Sales to Irrigation Customers(465)
Sales for Resale(466)
Interdepartmental Sales(467)
Total Other Water Revenues(469-474) 77,424 62,208 15,216
Total Water Operating Revenue $ 2,657,250 $ 2,642,034 $ 15,216
LESS:Expense for Purchased Water
from FPSC-Regulated Utility
Net Water Operating Revenues $ 2,657,250 $ 2,642,034 $ 15,216
Explanations:
Difference in Other Water Revenues due to allocation of plan review income of$13,556
and miscellaneous meter repairs of$1,660
Instructions:
For the current year,reconcile the gross water revenues reported on Schedule W-9 with the gross water revenues reported
on the company's regulatory assessment fee return. Explain any differences reported in column(d).
Reconciliation of Revenue to
Regulatory Assessment Fee Revenue
Wastewater Operations
Class A &B
Company: Ave Maria Utility Company, LLLP
For the Year Ended December 31, 2022
(a) (b) (c) (d)
Gross Wastewater Gross Wastewater
Revenues Per Revenues Per Difference
Accounts Sch.S-9
i RAF Return (b)-(c)
I T
Gross Revenue:
Total Flat-Rate Revenues(521.1 -521.6) $ $ $
Total Measured Revenues(522.1 -522.5) 3,120,107 3,120,107
Revenues from Public Authorities(523)
Revenues from Other Systems(524)
Interdepartmental Revenues(525)
Total Other Wastewater Revenues(530-536) 58,352 40,361 17,991
Reclaimed Water Sales(540.1 -544) 358,111 358,111
Total Wastewater Operating Revenue $ 3,536,570 $ 3,518,578 $ 17,991
LESS:Expense for Purchased Wastewater
from FPSC-Regulated Utility
Net Wastewater Operating Revenues $ 3,536.570 $ 3,518,578 $ 17,991
Explanations:
Difference in Other Wastewater Revenues due to allocation of plan review income of$17,991
Instructions:
For the current year,reconcile the gross wastewater revenues reported on Schedule S-9 with the gross wastewater revenues
reported on the company's regulatory assessment fee return. Explain any differences reported in column(d).