z'(j~ s~, ?h.lteueo. - new mexico public regulation commission · 2019-05-28 · march 23,...

March 23, 2009

NMPRC Records Management Bureau Marian Hall 224 East Palace A venue Santa Fe NM 87501-2013

To Whom It May Concern:

'P. tJ. Z'(J~ 691 - 'P~ (SOS) 413-2421 S~, ?h. ?lteueo. 8'7747

Enclosed is our New Mexico Public Regulation Commission Annual Report for the year ending December 31, 2008.

Also enclosed is NMPUC Rule 17.3.510.12 Form 1, and a copy of our RUS Form 7 year ending December 31, 2008.

NMPRC Rules 17.1.2.51 and 17.6.450.13 are not applicable to Springer Electric Cooperative.

If you have any questions, please contact me.

Sincerely,

'#~'fl?~ Frances M. Romero Office Manager

Your Touchstone Energy® Partner

RU L ELECTRIC COOPE TIVES

Annual Report

Of

SPRINGER ELECTRIC COOPERTIVE INC

(Exact legal name of Respondent)

TO THE

NEW MEXICO

PUBLIC REGULATION COMMISSION

FOR THE

YEAR ENDED DECEMBER 31, 20 oa

OF 1

LONG TERM DEBT

LINE NOTE OWHOI NMPSC DATE OF DATE OF PRINCIPAL AMOUNTS OUTSTAI\PER BALANCE INTEREST FOR YR

NO IDENT ISSUED DESC. # ISSUE MATURITY AMOUNT PRINCIPAL DEFERRED SHEET RATE% AMOUNT

INTEREST

1 4150 RUS 25-Sep-58 25-Sep-93 142,615.70 0 2 4151 RUS 25-Sep-61 25-Sep-96 95,384.30 0 2.00% 0 3 4160 RUS 05-Jun-64 05-Jun-99 177,000.00 0 2.00% 0 4 4170 RUS 17-Nov-64 17-Nov-99 345,000.00 0 2.00% 0 5 4180 RUS 06-May-66 06-May-01 119,758.06 0 2.00% 0.00 6 4181 RUS 06-May-69 06-May-04 204,218.03 0 2.00% 0.00 7 4182 RUS 06-May-72 06-May-07 17,023.91 0,00 2.00% 0.00 8 4190 RUS 21-Dec-72 21-Dec-07 174,000.00 0.00 2.00% 0,00 9 14200 RUS 30-Nov-72 30-Nov-07 49,692.66 0.00 2.00% 15.01

10 14201 RUS 30-Nov-73 30-Nov-08 33,307.34 7,92 7.92 2.00% 11.41 11 14210 RUS 24-Ocl-78 24-Oct-13 351,000 00 67,054.57 67,054.57 2.00% 1,508.27 12 14220 RUS 16-Nov-78 16-Nov-13 320,000.00 69,986.59 69,986.59 2.00% 1,507.02 13 14221 RUS 05-Nov-84 05-Nov-19 121,000.00 38,181.03 38,181.03 2.00% 822.25 14 1001 CFC 30-Aug-85 30-Aug-20 76,000.00 42,408.36 42,408.36 VARIABLE 2,311.12 15 1B230 RUS 30-Aug-85 30-Aug-20 621,000.00 189,637.62 189,637.62 5.00% 9,795.11 16 1B233 RUS 30-Aug-85 30-Aug-20 344,000.00 195,088.88 195,088.88 5.00% 10,074.64 17 4140 RUS 02-Aug-55 02-Aug-90 256,000.00 0.00 0.00 0.00 18 1B240 RUS 16-May-94 16-May-29 225,000.00 174,251.20 174,251.20 5.00% 8,850.88 19 18245 RUS 18-Jul-95 18-Jul-30 225,000.00 174,251.20 174,251.20 5.00% 8,850.88 20 2001 CFC 01-Jun-94 01-Jun-29 50,000.00 37,522.35 37,522.35 VARIABLE 2,007.66 21 18250 RUS 13-0cl-99 13-Oct-34 418,000.00 365,737.06 365,737.06 5.00% 20,328.44 22 18251 RUS 29-Mar-0O 29-Mar-35 7,500.00 6,614.19 6,614.19 5.75% 384.23 23 18255 RUS 29-Mar-00 29-Mar-35 266,500.00 236,476.82 236,476.82 5.75% 13,729.27 24 B1260 RUS 06-Jul-0O 06-Jul-35 1,105,000.00 992,256.62 992,256.62 5.00% 50,111.15 25 3001 CFC 02-Jul-01 02-Jul-36 94,000.00 84,193.24 84,193.24 VARIABLE 4,469.52 26 1B256 RUS 17-Jan-02 17-Jan-37 159,000.00 141,448.10 141,448.10 5.00% 7,330.53 27 B1270 RUS 02-May-02 02-May-37 667000.00 613,751.25 613,751,25 5.00% 30,968,74 28 H0010 RUS FFB 01-OCT-04 31-DEC-203i 450000,00 429,337.27 429,337,27 4.78% 21,259,98 29 H0015 RUS FFB 30-MAR-06 31-DEC-37 449000.00 433,048.70 433,048.70 4.88% 21,881.56 30 TRISTATE 17-OCT-03 01-NOV-16 85,000.00 51,409.57 51,409.57 559.61 31 H0020 RUS FFB 24-APR-07 31-DEC-203i 475,000.00 464,264.44 464,264,44 4.81% 23,138.22 32 H0025 RUS FFB 24-Mar-08 31-Dec-37 21,000.00 20,733.87 20,733,87 3.96% 657.73 33 H0030 RUS FFB 28-Aug-08 31-Dec-37 33,000.00 32,858.27 32,858.27 4.24% 492,41 34 I 35 36 37 TOTAL 6,664,000.00 4,860,519.12 4,291,252.97 241,065,64 38 LESS: ADVANCE PAYMENTS APPLIED 39 TOTAL 6,664,000.00 4,860,519.12 0 4,291,252.97 0.00 241,065.64

Annual Report of- SPRINGER ELECTRIC COOPERATIVE INC Year ended December 31, 2008 ELECTRIC OPERATION AND MAINTENANCE EXPENSES

Increase or

Line Account Amount for year decrease from No. preceding year

(a) (b) (c) 1 POWER PRODUCTION EXPENSES 2 STEAM POWER GENERATION 3 Operation 4 500 Operation supervision and engineering 0 5 501 Fuel 0 6 502 Steam expenses NIA 0 7 503 Steam from other sources 0 8 504 Steam transferred-Cr 0 9 505 Electric expenses 0

-10 506 Miscellaneous steam power expenses 0 11 507 Rents 0 -12 TOTAL OPERATION 0 0 '13 MAINTENANCE '14 510 Maintenance supervision and engineering 0 '15 511 Maintenance of structures 0 '16 512 Maintenance of boiler plant N/A 0 117 513 Maintenance of electric plant 0 118 514 Maintenance of miscellaneous steam plant 0 119 TOTAL MAINTENANCE 0 0 :w TOTAL POWER PRODUCTION EXPENSES-STEAM POWEF 0 0 ~!1 NUCLEAR POWER GENERATION 22 OPERATION ~!3 517 Operation supervision and engineering 0 24 518 Fuel 0 ~!5 519 Coolants and water 0 w 520 Steam expenses N/A 0 27 521 Steam from other sources 0 ~!8 522 Steam transferred-Cr 0 w 523 Electric expenses 0 ~10 524 Miscellaneous nuclear power expenses 0 ~11 525 Rents 0 212 TOTAL OPERATION 0 0 213 MAINTENANCE ~~ 528 Maintenance supervision and engineering 0 215 529 Maintenance of structures 0 :':,6 530 Maintenance of reactor plant equipment NIA 0 ':,,7 531 Maintenance of electric plant 0 3,8 532 Maintenance of miscellaneous nuclear plant 0 3:9 TOTAL MAINTENANCE 0 0 40 TOTAL POWER PRODUCTION EXPENSES-NUCLEAR 0 0 41 HYDRUALIC POWER GENERATION 42 OPERATION 43 535 Operation supervision and engineering 0 44 536 Water for power NIA 0 45 537 Hydraulic expenses 0 46 538 Electric expenses 0 47 539 Miscellaneous hydraulic power generation expenses 0 48 540 Rents 0 49 TOTAL OPERATION 0 0 50 MAINTENANCE 51 541 Maintenance supervision and engineering NIA 0 52 542 Maintenance of structures 0

415

Annual

Line No .

.. 1 2 3 4 5 6 7 8 9

'IQ

'11 ·12 '13 '14 '15 '16 '17 '18 '19 w ;11 ~!2 ~13 ~!4 ~!5 w ~!7 28 ~!9 ~10 ~11 ~12 ~13 ~14 ~15 ~16 ~17 ~18 ~:9 40 41 42 43 44 45 46 47 48 49 5,0

51 52 53 54

586 587 588 589

590 591 592 593 594 595 596 597 598

901 902 903 904 905

911 912 913 914 915 916

920 921 922 923 924 925 926 927 928 929 930 931

932

of: SPRINGER ELECTRIC COOPERATIVE INC Year ended December 31, 2008 ELECTRIC OPERATION AND MAINTENANCE EXPENSES

Account

DISTRIBUTION EXPENSES CONTINUED Meter expenses Customer installations expenses Miscellaneous distribution expenses Rents

TOTAL OPERATION MAINTENANCE

Maintenance supervision and engineering Maintenance of structures Maintenance of station equipment Maintenance of overhead lines Maintenance of underground lines Maintenance of line transformers Maintenance of street lighting and signal systems Maintenance of meters Maintenance of miscellaneous distribution plant

TOTAL MAINTENANCE TOTAL DISTRIBUTION EXPENSES

CUSTOMER ACCOUNTS EXPENSES OPERATION

Supervision Meter reading expenses Customer records and collection expenses Uncollectible accounts Miscellaneous customer accounts expenses

TOTAL CUSTOMER ACCOUNTS EXPENSES SALES EXPENSES

OPERATION Supervision Demonstrating and selling expenses Advertising expenses Revenues from merchandising, jobbing and contract work Cost and expenses of merchandising, jobbing and contract work Miscellaneous sales expenses

TOTAL SALES EXPENSES ADMINISTRATIVE & GENERAL EXPENSES

OPERATION Administrative and general salaries Office supplies and expenses Administrative expenses transferred-Cr Outside services employed Property insurance Injuries and damages Employee pensions and benefits Franchise requirements Regulatory commission expenses Duplicate charges-Cr Miscellaneous general expenses Rents


Maintenance of general plant TOTAL ADMINISTRATIVE & GENERAL EXPENSES

TOTAL ELECTRIC OPERATION AND MAINTENANCE EXPENSE

Amount for year

68,341 46,667

107,804

514,761

0

27,890 94,204 13,952 34,789 28,453

6,226 0

205,513 720,274

0 44,046

177,568 2,926

0 224,540

21,041

21,041

212,732 45,217

0 23,936

0 0

1,294 0

206,977

490,156

26,747 516,902

12,046,962

Increase or decrease from

year

32,707 16,970 4,160

0 93,345

0 0

10,880 (49,431)

7,372 (9,959) 14,071 (8,173)

0 (35,241) 58,104

0 (3,333) 4,345

478 0

1,489

(1,267) 0 0 0 0

(1,267)

(9,129) 2,169

0 4,822

0 (1,030)

(688) 0 0 0

(7,032) 0

(10,888)

1,997 (8,891)

1,165,704

Annual

Line No.

I" .. 1 2 3 4 5 6 7 8 9

-io '11 '12 '13 '14 '15 '16 H 118 119 w ~!1 ~!2 n :i!4 :i!5 :i~6 :i!7 :i!8 ~19 ~10 ~11 ~12 ~13 ~14 ~15 ~•6 217 ~18 319 ,4.Q

41 42 43 44 45 46 47 48 49 50 51 52 53 54 55

543 544 545

546 547 548 549 550

551 552 553 554

555 556 557

560 561 562 563 564 565 566 567

568 569 570 571 572 573

580 581 582 583 584 585

of: SPRINGER ELECTRIC COOPERATIVE INC Year ended December 31, 2008 ELECTRIC OPERATION AND MAINTENANCE EXPENSES

Account

HYDRAULIC POWER GENERATION Maintenance of reservoirs, dams and waterways Maintenance of electric plant Maintenance of miscellaneous hydraulic plant

TOTAL MAINTENANCE TOTAL POWER PRODUCTION EXPENSES-HYDRAULIC

OTHER POWER GENERATION OPERATION

Operation supervision and engineering Fuel Generation expenses Miscellaneous other power generation expenses Rents


Maintenance supervision and engineering Maintenance of structures Maintenance of generating and electric plant Maintenance of miscellaneous other power generation plant

TOTAL MAINTENANCE TOTAL POWER PRODUCTION EXPENSES-OTHER POWEi

OTHER POWER SUPPLY EXPENSES Purchased power System control and load dispatching Other expenses

TOTAL POWER SUPPLY EXPENSES TOTAL POWER PRODUCTION EXPENSES

TRANSMISSION EXPENSES OPERATION

Operation supervision and engineering Load dispatching Station expenses Overhead line expenses Underground line expenses Transmission of electricity by others Miscellaneous transmission expenses Rents


Maintenance supervision and engineering Maintenance of structures Maintenance of station equipment Maintenance of overhead lines Maintenance of underground lines Maintenance of miscellaneous transmission plant

TOTAL MAINTENANCE TOTAL TRANSMISSION EXPENSES

DISTRIBUTION EXPENSES OPERATION

Operation supervision and engineering Load dispatching Station expenses Overhead line expenses Underground line expenses Street lighting and signal system expenses

Amount for year

N/A

0 0

N/A

0

NIA

0 0

10,549,908

10,549,908 10,549,908

114 7,317

7,432

0 6,865

6,865 14,297

47,461

343 244,146

0 0

Increase or decrease from

year

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

1,137,105 0 0

1,137,105 1,137,105

0 0

(36) (25,103)

0 0 0 0

(25,139)

0 0 0

4,304 0 0

4,304 (20,836)

9,819 0

(109) 29,796

0 0

Annual Report of: SPRINGER ELECTRIC COOPERATIVE INC Year ended December 31 ELECTRIC OPERATION AND MAINTENANCE EXPENSES

SUMMARY OF ELECTRIC OPERATION AND MAINTENANCE EXPENSES

Line

No. FUNCTIONAL CLASSIFICATION OPERATION MAINTENANCE TOTAL

(a) (b) (c) (d)

1 POWER PRODUCTION EXPENSES

2 ELECTRIC GENERATION

3 STEAM POWER

4 NUCLEAR

5 HYDRAULIC

6 OTHER POWER 10,549,908 10,549,908

7 OTHER POWER EXPENSES

8 TOTAL POWER PRODUCTION EXPENSES 10,549,908 0 10,549,908

9 TRANSMISSION EXPENSES 7,432 6,865 14,297

10 DISTRIBUTION EXPENSES 514,761 205,513 720,274

11 CUSTOMER ACCOUNTS EXPENSES 224,540 224,540

12 SALES EXPENSES 21,041 21,041

13 ADM. & GENERAL EXPENSES 490,156 26,747 516,902

14 TOTAL ELECTRIC OPERATION AND MAINTENANCI 11,807,837 239,125 12,046,962

NUMBER OF ELECTRIC DEPARTMENT EMPLOYEES

Number of electric department employees, payroll period ended October 31, 2008

1. Total regular full-time empoyees 16

2. Total part-lime and temporary employees 0

3. Total employees 16

-----DISTRIBUTION OF SYSTEM LOAD IN SERVICE AREA

1. Information is desired regarding the distribution of the system load within the territory served by the system. This information should be furnished on the basis used by respondent in maintaining load distribution data, such as by primary substations, operation divisions, communities, metropolitan areas, or other areas.

2. A sketch map showing the location and the approximate boundary of each of these areas, together with identification symbols, should be furnished.

Designation of M11p Annual Energv Provided for the Area Actual or Estimated Date of Annual Area (Pnmary Symbol -- Peak Demand of Peak Load

substation, Total Estimated Distribution - Percent Area During the Factor operating division, (Kilowatt-hours)

Residential Commercial Industrial Public Streets Other Sales lrrigll!ion Comp11ny Unaccounted Year (Kilowatts) or community) Sales and Highway lo Public Sales Use For

liohtino Authority

CIMARRON 1 8,212,563 44.46 55.0 .43 1702.0 1/08

MAXWELL 2 2,686,900 51.47 35.35 13.18 540.0 12/08 --~-----

RATON 3 3,627,972 40.14 54.57 5.29 929.2 2/08

ROY 4 4,872,720 66.05 22.18 11.77 1088.0 12/08

SPRINGER 5 ]0,977,734 14.95 30.83 50.97 3.25 2080.0 12/08

WAGON MD 6 3,434,620 56.78 37.89 5.33 714.0 1/08

ABBOTT 1 980,638 88.59 2.51 8.90 210.0 6/08

YORK 8 214,958,3E 0 - • 73 99.2 -0- 19,528.0 9/08

HOXIE 9 262,548 - 100.00 -0- 111.6 11/08

HESS 10 2,585,835 - 100.00 -0- 4175.0 12/08

~---·· ----·-·

p aQe 6 CONSTRUCTION OVERHEADS - ELECTRIC

1. Report below the information called for concerning construction overheads for the year. 2. List in column (a) the kinds of overheads according to the titles used by the respondent. Charges for outside

professional services for engineering fees and management of supervision fees capitalized should be shown as separate items.

3. On the lower section of this schedule furnish the requested explanatory information concerning construction overheads.

4. A respondent should not report "none" to this schedule if no overhead apportionments are made, but rather should explain on the lower section of this schedule that only such engineering, supervisor, and administrative cost, etc., which are directly chargeable construction are charged to construction, if this is the case. Engineering, supervision, administrative and interest costs, etc., which are first assigned to a blanket work order and then prorated to construction jobs shall be considered overheads for the purposes of formulating a response to this schedule.

Line Name of Overhead Total Overheads Cleared Cost of Construction to Percent overheads to No. (a} to Construction which Overheads were construction cost

(b) charged (exclusive of (d} overhead charges)

(c)

1. LAOOR 52,188.61 101,158.63 .35 %

2. MATERIAL/STORES 30,073.27 6,673,997.89 .20

3. BENEFITS :>b,413.39 •. :H.S

4. O'T'HF.R * 1.666 .634 .04 6.145,503.21 11.26 5. TRANSPORTATION 75,878.67 .51

6.

7. I

8.

9. 10.

11.

12.

13.

14. Totals GENERAL DESCRIPTION OF CONSTRUCTION OVERHEAD PROCEDURE

1. For each construction overhead for electric plant explain: (a) a. Nature of the engineering, supervisory, or administrative work, etc., the overhead charges are intended to

cover. (b) The general procedure for determining the amount capitalized. (c) The method of distribution to construction jobs. (d) Percentages applied to different types of construction. (e) Basis of differentiation in percentages for different types of construction. (f) Amounts capitalized for each overhead for the year for which this report is submitted.

2. In addition to other information concerning engineering and superintendence or other such over heads, explain whether the amounts treated as overheads include all engineering and superintendence costs or only such portions as are not directly chargeable to specific jobs.

3. For interest during construction state the interest rate used. The basic charges to which applied, in addition to the amounts capitalized for the year for which this report is submitted.

1. INDIRECT LABOR BASED ON A PERCENTAGE OF LABOR. 2. BASED ON A PERCENTAGE u.r- l..U:>T u.r .. a-, " - •a• .

3. OVERHEADS SPREAD ON A PERCENTAGE OF LABOR.

* 4. INCLUDED IS THE COST OF A CONTRACTOR & OTERH COSTS LIK"E Riun1:-0F-WAYS arw u.a:.r.Kr...:,.a. 1.,1:11.7 s.

&5 DIRECT OVERHEADS CHARGED TO INDIVIUAL WORK.ORDERS.

ELECTRIC DISTRIBUTION METERS AND LINE TRANSFORMERS

1. Report below the information called for concerning distribution watt-hour meters and line transforms. 2. Watt-hour demand distribution meters should be included below but external demand meters should not be included. 3. Show in a footnote the number of distribution watt-hour meters or line transformers held by the respondent under lease

from others, jointly owned with others, or held otherwise that by reason of sole ownership by the respondent. If 500 or more meters or line transformers are held under a lease, give name of lesser, date and period of lease and annual rent. If 500 or more meters or line transformers are held other than by reason of sole ownership or lease, five name of co-owner or other party, explain basis of accounting for expenses between the parties, and state amounts and accounts affected in respondent's books of account. Specify in each case whether lesser, co-owner or other party is an associated company.

LINE TRANSFORMERS Line Item Number of Watt-hour Number Total Capacity (kva) No. Meters

(a) (b) (c) (d) 1. Number at beginning of year 3346 2899 40.305.9 2. Additions durina vear: 3. Purchases 57 131 4.279.5 4. Associated with utility plant acquired 5. Total Additions 52 131 4,379.5 6. Reductions durina vear: 7. Retirements IO

I 24 JAR 'i I

8. Associated with utility plant sold 9. Total reductions 10 24 1 AR_ 'i 10. Number at end of year 3388 'lf'if'ifl J..A 'i1f. Q

11. In stock 1 ?I. ?11 .. - 7".t ..

12. Locked meters on customers' oremises <;./, -13. Inactive transformers on system lb uu 14. In customers' use .:H94 27/'l 38,671.9 15. In company's use 14 -0- -0-16. Total end of vear (as above) 3388 3006 44536.9

VERIFICATION

The foregoing report must be verified by the oath of the office having control of the accounting of the respondent. The oath required may be taken before any person authorized to administer an oath by the laws of the State in which the same is taken.

OATH

(To be made by the officer having control of the accounting of the respondent.)

State of NEW MEXICO ----...c.==---"-------ss:

County of ------------COLFAX

-----"Dc..._A-'V-=I=D--=c..SP=-RAD_....;;.L-=I=N _______ makes oath and says that he is GENER.AL MANAGER (Insert here the name of the affiant) (Insert here the official title of the affiant.)

of SPRINGER ELECTRIC COOPERATIVE INC (Insert here the exact legal title of name of the respondent.)

that it is his duty to have supervision over the books of account of the respondent and that to the best of his knowledge and belief such books have, during the period covered by the foregoing report, been kept in good faith in accordance with the accounting and other orders of the New Mexico Public Regulation Commission, effective during said period, that has examined the said report, and to the best of his knowledge and belief the information contained in the said report is, insofar as it relates to matters of account, in accordance with the said books of account; that he believes that all other statements of fact contained in the said report are true, and that the said report is correct statement of the business and affairs of the above-named respondent in respect to each and every matter set forth

therein during the period from and including _________ J_AN_u_AR_Y_l_, ________ , 2008 ,

to and including _________ D_E_C_EM_BE_R_3_1_, ____ ...,.-___________ , 20_08_,

q Signature of affiant)

I Subscribed and sworn to before me, a _N_o_T_AR_Y ________ 'v_/_, _, is and for the State and

County above named, this __ 2_3RD _______ day of __ MAR __ c_H ______ , 20_09_

New Mexico Jurisdictional Information Year Ending December 31, 20_Q8

Form 1

Electric Company Name SPRINGER ELECTRIC COOPERATIVE INC

Address PO BOX 698 SPRINGER NM 87747

Phone Number 575-483-2421

Person Completing Form FRANCES ROMERO ---------------------

Customer Class Residential Other

Number of Customers 2,442 537

* KWH Sales (Thousands) 13,834,243 219,630,565

Gross Revenues 2,186,935 10,927,082

Avg. Annual KWH Per Customer (1) 5,665 408,995

Avg. Annual Bill per Customer (2) 895.55 20,348.38

Avg. Monthly Bill per Customer (3) 74.63 1695.70

Avg. Gross Revenue per KWH sold (4) .16 .05

Directions for the completion of ( 1 ), (2), (3), ( 4 ):

(1) Divide KWH sales by number of customers.

(2) Divide gross revenues by number of customers.

(3) Divide (2) by 12 months.

(4) Divide gross revenues by KWH sales.

Total

2,979

233,464,808

13,114,017

78,370

4,402.15

366.85

.06

*196,285,940 KWH'S BELONG TO ONE CONSUMER, AND $8,150,913.38 IN REVENUE.

NMPRC Rule 510 Effective 01 /01 /89

,. ',-,-----------------------------------------7 .-\ccoid!llg 1u 1hi: Papernrnk l{ed1JL'Uon \d t•! J <..Jl)5 iltl a/~t:!1L') nw_\ r1L11 condu .... ·i CH spu!hC•L ;rnd a pc1sl1n !i !H't r..:qull<:d !o iespond to a 1.ullcctwn tif r1!1t11m;H11,n iHlie.'1'.: rl d1;,p/i1_1 .\ a \·nlid ( Ji\!B cunind n11mbc1 The \(did lJ:\IH cnnirnl 1nmibcr fo1 llns n1fu1mtl!h,1J1 cnllectinn 1s !1)7~-!J!l',.2 Th~ llm.:: 11.:qum:'d !(l c1•mp!e[e 1h1s 1nfn1111,111on c,illee110J1 L> c::::.!lllldkti IP ;1\C-/d~L' !h houi;, p.:i

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I JNITED STATES DfYARTMENT (Jf, ACiRJCUL rt !RE RURAL IJIILITIES SERVICE

FINANCIAL AND STATISTICAL REPORT

INSTRL'CTIONS - For ,ktmkd 111s1ructions, see RllS Bulkt111 171713-~

130J{R( l\Vi::I( fWSl(iNATIUN NM0019

FER I OD ENDED

December, 2008

This da1a 1rill be used by R[,:s· 1n rc'1'ie11·_ro11rjinanL·ial s1tuarwn. Your res1-wnsi! IS

BORRO\/vT:R NAME

SPRINGER ELEC COOP INC tc:1111ired r 7 C 901 e1. seq.J and mt~1· he cu1?fii:.lential

CERTIFJCA TION

We rrcognizr tlrni statements contained herein concern a matter within the ,iurisdiclion of ;111 agenc~· of the l 1niled .St:1tes and 1hr 11f a false, fictilious o.- fnrndulent statenu•nl may render the maker suhject to prnserution under Title 18. {1niled States Code Section IOIJL

\Ve hereb!· cert1t~ ilrnt the entnes rn 1h1s rcpori nre 111 accord,1nce ,, ith the accounts and other records uf lhe :;) stein ,md n:Jlect the st<.Hu::; n( the S\ ~;tern lo

1hr hes! uf our kmmledge anJ helief

-\LL INSl.'RANCE REQIIIRED BY PART 1788 OF 7 CFR CIIAPTER X\'11, !HIS. \US IN FORCE DllRIN(; TllE REPORTING l'ERIOD ANIJ RENEWALS IIA\'£ BEEN OBTAINED FOR ALL POLICIES

Ill 'HIN(; TIIE PERIOD COVERED BY TIIIS REPORT J>llRSl 1,-\NT TO PART 1718 OF 7 CTR Cll,-\l'TER X\'11 (CIIL'C/.; one t?(thefol/01n11gJ

/\II nr11Jc nbligc11iuns under the RlJS lo,111 documents

) l)JJ}]2'""n~ Ju;;;ltillec¼J 111,c11,,111/1111ate1tnl n:spec1s

D There has be<".n ,1 delc1ult in Ilic' fulfillnwnl of the oblig,11ions under the RlJS lo,111 docu111c:nts, S,1id delilull(s) is/cm: specillcally dcscrilx:cJ in Parl D of'll1is n:pmL

I ?-t1~(_)LJ' c;.Z I 01) - 1 DATE

,/

PART,\, ST,,.\TEJ\lENT OF O!'EIUTIONS

ITE/\1 LAST'YEAR (Cl)

11,707,486

YEAR-TO-DA TE

THIS Y[AR (h)

13,187,233

131 ID(iET ( l' I

15,962,254

TIIJS MUNTH (d1

l,294,S48

_,, C nst or l'u re based l'n "'"' r 9 , 412 , 8,.::occ2+-----'1=-o"-'-, -=-S.::4::.9.:_, .::9-=0-=8+-----'l'-2'-'"'9'-''-, ,B0 ,._, -=-2=4-.c+ 7- ___ c:.1.:.., _:_0_2_0_:_,_6_7-'3-j

-L Trans111i,s1onE,pense 35,133 '14,297 41,525 121

), Distribution Expense - Opernlion 421, 4li 514, 761 4 97, 843 36,691

6, Distrihurion Exriense - Maintenance 240,753 205,513 284,472 23,807

7. Customer Accounts b;pense 223, os1 224,540 203,107 20,158

8, Cusrnmcr S<"rl'icc and lnlc,rrnalionaJ Exnense '! g 257 18 960 17 538 l 557

,.'cc)·,,__s_a,,,,lc_-,,,,,' "'E,.."~r_e-cn,_sc __ c-ccc---~~----------------+-------3-',-o_s_o+-------"-2-'-'-'o-'s_1+-______ 2.:.., _7_7_o+------ .. _!2§ 10, AdminislrativeandCiencrnlExpense 525,793 516,902 489,856 36,678

ll TotalOperntion&IVlaintenanceE:,,:pense(21//rn/l/) 10,881,256 12,046,962 14,195,353 1,139,821

12, DeprecimionamlAnmnizalionE,pcnse 322,763 333,096 475,120 28,035

13, T,L, Expense Propertv & Gross Receipts 14, T,1., E,Dense - Othcr I 5, lnterc>st on Lon!!-Term Debt 16, lnterest Char!!ed to Construction Credit l 7, Interest E,pense - Other 18, 19. 20, 21. 22. 23,

25. 26. 27.

Other Deductions Total Cost of Electric Service ( / / thm 18) Patronage Capitnl & Operating Margins (1 minus 19) Non Operating Mamins - lnterest A/Iowan<.:<:: for Funds Used Durinl!. Construction Income (Loss) from Equity Investments Non Operating Margins - Other C3eneratiun ancl Trnnsrn ission Capital Creel its Other Capital Credits and Patronage Dividends Extraordinary Jtems

28, Patronage Capital or Margins (20 thm 17)

RUS Form 7

240 494

848

6,110

11,451,471

256,015

150,420

16,437

11,188

434,060

240,506 588,203 22,0ll

615 61

llS, 657 310

12,736,836 15,558,676 1 190 238 450,397 403,578 104,310

137,668 177,954 28,409

(113,121)

6,626 l,DBl

1,287,029 1,287,029

23,794

1,905,514 5132,613 1,306,627

llSDA- RUS BORROWER DESIGNA TJON NM0019

FINANCIAL AND STATISTICAL REPORT PERlOD ENDED

INSTRUCTIONS - See !{US Bulld111 17 J 7D-~ December, 2008

PART B. DAT-\ ON TR•\NSMlSSION AND DlSTRIBlrllON PLANT

\'EAR-TO-DATE YEAR-TO-DATE

LASTH:AR THJS YEAR LAST YEAR THIS YEAR JTEI\I

(a) (b) ITEM (a) (b)

l. Neff Services Conneckd 37 34 j Miles Transmission 175. 00 175.00

2. Services Retired 6. Miles Distribution - 1,452. 13 1,466.52 11 0 Overhead

3. Total Services in Pince 3,322

7. 3,356

Miles Distribution -13

Underground .04 14.08

4. ]die ScrYics:, 8. Total Jvliles Energized ( £.yc/11(/e Seasonals) 220 220 (5 + 6 + 7) 1,640.17 1,655 60

PART C. BALANCE SHEET

ASSETS .-\ND OTHER DEBITS U.-\BlLJTIES AND OTI-IER CREDITS

l. Tutal l.llilit\' Pbnt in Sen ice 12,481,948 29. l\-1emberships .... ,. ....... 9,690

.., Cn11,tructi1.111 \Vnrk in Progress 820,138 30. Patronage Capital .. ., ... 5,787,523 ................ ------··-

' Total l ltilit:, l'l,1111 ri + ~')) 13,302,086 .3 l Operciling Margins - Prior Years .. 0

--1. Accurn. Prnvision li1r l.kprc:cintion ,111,J i\mort 5,8351610 ,.., Operating Margins Current Year.. 1,768,259 _).,,-_ ..... . .......

5. Net Urili1v Pl:111113- ../) 7,466,476 33. Non-Opernting Margins .. ,. ...... 57,271 - ···---

6. Non-l ltili1,· Propertv (Ncl) ······· .... . ........ 0 3 •. Other Margins and Equities .. 2,653 -, lnvestments in Suhsidi,1n 0 35. Total & Equities (29 rhm 3../J 7,625,396 I .......... ...... . ...

8. 1 Jr\"t'SL in As:-;.oc. Org. - l',1lm11,1gt.· C.1pital 1,344,795 36. Long-Term Debt - TU.IS (NetJ. 3,155,986

<)_ l1m~st. i11 As,nc. Org. - (lther - c;cncrnl Funds 0 37. Long-Term Debt - FFB - RUS Ciu,irantetd .. 1,354,280

10. lm'est. in /-\:;;snc. C>rg. - Other - Nongenernf Funds .. 9,867 38. Lo11g-Term Debi - Other - RUS GuaranteeJ .. 0 ·-----·-

l l lnvcslmenls in Ecnnornic Dcn:llll'lllent Projects 106,409 _:::9_ Long-Term Debt Oilier (Net). 209,821

12. Other Im·estml'.nts 145, 49_5 40. Long-Tenn Debt - R.US - Econ. Devel. (Net). ,.,..,. 0

-~--·--I.~. Special Funds ................ 1,285,560 ell Payments - Um1pplied 0

-···-

1-L Tot:il Other Proper!, & lnn:Sllllt:ll!S (6 1!tr11 I 31 2,892,126 '12. Towl Long-Term Debt (36 1hnr -10 -Ii/. 1,720,087 --· - ----- ----·

15. Cash - tiencrnl Funds 902, 845_ -13. Obligalions Under Capital Leases - NoneunenL 0 ·-·

l (,. ( ·,1sh - Cnnslrucl ion Funds - ·rruS!i...T 0 -1--1. Accumuli!ied Oper:lling Pro1isions 17 Spcci:il Dep1>sih 125 and .-\sset Retirement Ubl igarions .. 0

l}t TL'rnp,}r:-ir~ l111estm,:111s 0 45. Torn! Other Noncurre:ni Liabilities (-13 ' -1-1} 0 -------~-------··-·. --- -----

19. Nnks Receiv::ihlc (Ncl l 0 --16. Noles P:1:, ;1blc: .. 0

~/1. Accnunls Receivable - S;iks 01· Ener:c, (Net) ---1,511,639 47. Accounts P.iyabk .. ....... 1,171,961

21. Accnunis Rccei, ahlt' - Oihl'.r (Net) ---·--18,454 48. Consumers Deposits ... 34,062

Y) M,1terials ,1ml - Electric & Other 292,151 49. Current )l.faturiries Debi.. 140,425 --· --·--)' Prep:i, 111c11.s 882,388 51l. Curren! fvfalurities Lo1ll'-Term Debt -·' ----.2-1. (}!her c ·urrcnl and 1\LTl"Ul:d :\:,sc·h l.l,233 -EL·nnon1 ic Dcvelopn:ent .. 0

J.:;; ·fot,il Current ,md :\ cc rued Asseh ( 15 !hrn c'-11 3,618,835 5 I Curren! l\1larurilie., Leases .. 0 ------ -----

_2(, Re;;t1l;.1(1)r: :'-\S:>L"IS 0 52. Other Current and Accrued Liabilities .. 193,273 ·-------· 27 ( )Ilic, !ickrreJ lkhih 25, 101 .. 53 Toi,11 Curren! & Accnicd Li:-ihilitics (-16 rhm 5}! 1, s~.9~,:721 :is lnLil A,;s,:b :.rHI \ l!llcr Uc hits I 5 -, I -1 , c'5 //1111 '-l 14,0Q 2_,_:5_~_8 5-L Liabi I it ies .. 117,334

5) Other Dcic·1Tcd ( 'redi Is 0

5h. Toted Liubilitie, and Other Crt·dits (35-l-- -/.} + ~5 ' 53 rhm 551 •-•• -•-

14,002,538 ·-· ·----•

fll I I ll, r,,1 7

USDA-RUS BORPOWER DESIGNATION

NM001!J

FINANCIAL AND STATISTICAL REPORT PERIOD ENDED

Decernher, 2008

INSTRUCTIONS See RUS Bulletin 17178-2

PART D. NOTES TO FINANCIAL STATEMENTS

HUS Form 7

_,

ll.~i.lt\-!{U:i BURJWWER DFSlliN.HIUN NM0019

FINANCIAL AND STATISTICAL REPORT PEIWJO ENflEll

INSTR! ICTl(JNS - SL',' RIIS Bulle1i11 1717B-2 December, 2008

l'.\RTE. CHANGES IN l 1TIUn PLANT

Bi\LANCE ADJUSTMENT'.; BALANCE END

BEGINNJNCi ADDITIONS RETIREMENTS AND TR/\NSf[I{ (JI YEA!{

PLANT ITEivl OF YEAR (ii) (h) (c) ( rl) (e)

I. Dis!ributinn Plant 8,966,179 496,962 60,892 9,402,249

Cic·nernl Plrnl! 1,117,195 58,507 3,615 l,152,0S7

:1. Headquarters Plant 438,067 0 0 438,067

.). !111~ngibks 0 0 0 0

5. Transmission Pinnt 1,259,063 242,819 12,308 1,489,574

6, All Olher 'ii; Plan! 0 0 0 0

7. rot;il UtilitY l'lanl in SerYice ( I tlm1 (,) 11,780,504 798,288 96,845 12,481,947

8. Co11struc1inn Work in Prol!ress 410,537 409,601 820,138

9. TUTAL l lTILITY PLANT (7 + 8) 12,191,041 1,207,889 96,845 13,302,085

PART F. I\IATERULS AND S!lI'l'LIES

BALANCE BALANCE

ITE!vl 13E(ilNNING OF PURCHASED SALVAGED USED (NET) SOLD /\lJJl ISTfv!LN r END OF YU,R

YF::t\R (nl (h) (Cl (d) (<.') (/) (g}

I. Electric 297,725 215,661 232,385 13,029 24,179 292,151

') Uther 0 0 0 0 0 0 0

l'ARTG SERVJCE INTERRUPTIONS

ITEM i\ YER.ACE HOURS PER CUNSUf'vlER BY CAUSE l<JTAL

l'OWER SUPPLIER EXTR EHE STOR/\1 PREARRANGED ALL O IHFR

(u) (bl (c) (c/) (i')

I. Present Year 99.07 124.69 74.54 233.00 531. 30

J Fivt:- Year Avera[!C 40.19 450.78 64.83 85.99 641.79

PART Ii. EJ\ll'LUH:E-HOtlHAND l'A\ROLLST-\TISTICS

I Number nf Full ·1 imc Emplo, c·cs 16 .J. Pavroll - E:--pcnsed 622,996

J Emplon:'C - I lours Worked Rt·gt1lar T1111e 33, 792 5. Pnnoll Capilalized 141,979,

3. Ernplmce Hours \Vorkecl - (J1'eni111c 884 6. Panull - Other 93,560

PARTJ. PATRO,'\'AGE CAPITAL

1n:::rv1 THJS YEAR Cl JIV!ULA TIVE DESUUl'TION (u) {/,)

l Capital Credits - a. (.ieneral Retirt::1nen1s 0 3,133,735

Distributions b. Sp<:'cial Retirements 0 0

C. Toi al Re1iremell!s ( a + h) 0 3,133,73S , Capital Credits - a. Cash Receil'ed Fmm Retirement or Patrnnage Capital b, Suppliers Received of Electric Power 0

b. Cash Recein·d From Retirement or Patronage by Lenders for Credit E:--tended to the Electric System 1,442

C. Total Cnsh Received (a+ b) 1,442

PARTJ. DUE FROM CONSllJ\IERS FOR ELECTRIC SERVICE

I. AMOUNT DUE OVER 60 DAYS j $ 3,8471 2. AMOUNT WRITTEN OFF DURING YEAR $ 1,717

i<llS Fmm 7

USDA-RUS BORROWER DESIGNATION

NM0019

FINANCIAL AND STATISTICAL REPORT PEFIOD ENDED

December, 2008

INSTRUCTIONS-· See RUS Bulletin 1717B-2

Part K kWh PURCHASED AND TOTAL COST

No ITEM RUS USE ONLY kWh PURCHASED TOTAL COST AVERAGE COST INCLUDED IN INCLUDED IN (a) SUPPLIER CODE (c) (d) (Cents/kWh) TOTAL COST- TOTAL COST-

(b) (e) FUEL ,,nr•~r

/fl /~) --

1 Tri-State G & T Assn, Inc 3015'1 236,599,739 10,549,908 4.4G 31,c,60 (CO0047)

Tola! 236,599,739 10,549,908 4.46 31,c,60

RUS Form 7

-·


NMOOHJ


December, 2008

INSTRUCTIONS - See RUS Bulletin 17178-2

PART L LONG-TERM LEASES

No NAME OF LESSOR TYPE OF PROPERTY RENTAL THIS YEAR {a) (bl {c)

1 NIA

Tote,!

RUS Form 7

I I '.~D.\-1·'.li:, HI lR1'\li1'.l,R IJ[\I( ;,'J .\ rl( l>J NM0019

FINANCIAL AND STATISTIC \L REPORT l'ERI( 11) FNIWfl December, 2008

lNSTRllC IIONS - Sec fWS llullelin I 7l7B-'

l'ARTI\I. .\NNl .\L J\IEETIN(, AND BOAIW IHI.\

I. Date of Last Annu;d tvil:ctin:_: 2 Tn!:d Numbel ()r MembtTS .1. Number ,11· rvkrnhers Prc.sc:nt :it ~- W:1'> ()uon1111 l'n:s.:111· 1

6/11/2008 1,930 lvkcting 209 y

~- Number 11r IVkrnlicr,, Vuti11g I" r,. Total Nu111l1t:r oi· BnmJ Members 7 fotal Am(lunl ur Fee., nnJ [,pcnscs X I loc>: M:111:1.:cer Have

Pro·'.} nr l'vh1il for Bo:1rd Mernlwrs \\-1 illcn ( unlraci';

0 $ 102,917 y

RI 1'.i l',1rm 7


NM0019


DecernlJer, 2008

INSTRUCTIONS- See RUS Bulletin 17178-2

PART N. LONG-TERM DEBT AND DEBT SERVICE REQUIREMENTS

No ITEM BALANCE END OF YEAR INTEREST PRINCIPAL TOTAL (a) (Billed This Year) (Billed This Year) (Billed This Year)

(b) (c) (d)

1 Rural Utilities (Excludes RUS - Economic 3,155,986 165,996 106,191 272,187 Development Loans)

2 INational Utilities Cooperative Finance 209,822 46,572 5,403 51,975 Coroorntion

3 Bank for Cooperatives

4 Federal Financinc:i Bank 1,354,280 65,721 21.001 86,722

5 RUS - Economic Development Loans

6 Pavments Unaoolied

Total 4,720,088 278,289 132,595 410,884

RUS Form 7

--liSDA - rws BORROWER DL:Sl<.N/\Tlt lN

NMl1019

FINANCIAL AND STATISTICAL REPORT PERI OU ENDl:U

INSTR I l(TH JNS - S,·e HI S /Juliet in 17/78-} December, )008

l'ARTO. POWER HEQlilRE!\JENTS DXL\ ll-\SE-.\NNI '.\LSI '1\11\L\I{\

Cl .ASSIFIC/\ T!ON CONS! IIV!El{ SAi.ES & REVENUE DECEMBER 1\YER/\CiE N(). IOTA!.

DATA CDN,'illJVl[R'i SU{VL!) YEAR J(J U/\-1 E

(ii) (h) (cl

I. Rr,idrnli<1I Sab (\. Nn. Consumers Sen·ed 2,442 2,459

(c',cluding h. k \\ Ii Sn Id 13,834,243

seasnnul) ~!,186,935 C. Re\en11e

' R,:siJenlial Sciks - a. N<1. Consumers Sen ed 0 0

Se,1so11al h. k\V!JSnld 0

C. Re,·t·nue 0

3. lrrigali1>11 Saks ,1 Nn. Ctms11111ers Scned 0 0

b. ~ Wh Sold 0

Re,:i..:·nw: 0 L

-l. Cnrnm. aml Ind. :J. No. Consumers Sn,·cd 520 523

IOOllkY/\or IJ. k\Vh Sn!d J.'o,124,657 I .css -

C. Rewnuc 1,850,1:29

5. Cn1n111. and Ind. :J. Nu. Cn11su111ers Served 3 :;

(her JOO() K\11\ h. kWI, Sold 19,916,536

C Revenue 8,427,627

6. Puhlic Street & ~I. N,.1. Cnnsumtrs SerH'd 12 12

l!igl",;" h k \Vil Sold 271,212 l.ig1Hin!2

C. Revenu,: 40, :,1 I

Other Sales tu ,I. No. ( ·1111su111ers Sen ed Puhl ic Authorities h. k\Vh Snld

C Re,·cnue

8, s,,Je, 1,·,r Re,alc - ,1. No. Co11s11rners ScT\'eu l 1

RJiS Clornrn<:rs h. k11i1 S!lld 14,160

,·. F'.c.·Ye1u1c ,9JG!

') S:11t-s for lfrsak :1. No. Consumers Served 1 1

()111,:r h. ~ \\ /J Snld 5,595,300

·-C Re,·uwe 607,037

IO. TOTAL No. of Consumers ( lines la thru 98) 2,979 2,999

I I. TOTAL k\/ih Sold (lines I h t!Jru 9h) 54,786,108

12. TOTAL Revl'nue Received From Sales or Elewic Energy ( line I c thru lJc) 13,114,017

13, Other Electric Revenue 73,216

1-l. kWh - O\\n Use 0

15, TOTAL kWh Purchased 236,599,739

16. TOTAL kWh Cie11en11td 0

17, Cnsl of Purchases and Cienerat ion 10,564,20~

18. Interchange - k \Vil - Net 0

19, P<:"nk - Sum All kW lnpul (Mdered)

Non-coincitknt X Cnincident 34, 44.8 ..

kUS hinn 7

USOA-RUS l:lORROWER DESIGNATION

NM00l9


December, 2008

INSTRUCTIONS - Seo RUS Bulletin 1717B-2

PART I. INVESTMENTS

No DESCRIPTION INCLUDED EXCLUDED INCOME OR LOSS RURAL DEVELOPMENT (a) !f) 1~1 1~l (e)

b)

2 Investments in Associated Oraanizations PATRONAGE CAPITAL CERTFICATES 18,007

PATRONAGE CAPITAL ASSOC ORGINAZATIONS 1,326,788

OTHER INVESTMENTS 9,867

Totals 1,354,662

3 Investments in Economic Development Projects I

SILVER DOLLAR 106,409 X

Tolals 106,409

4 Other Investments LIFE INS POLICY FDJMIFORD 145,495

Totals 145,485

5 Soecial Funds GE CAPITAL CORP TERM NOTES 35,000

TOYOTA MOTOR CREDIT CORP 50,000

ONEOK INC 75,000

LEHMAN BROTHERS HOLDING 25,000

US WEST COMMUNICATIONS 35,700

BANK OF AMERICA 50,000

SAVANNAH ELECTRIC POWER 50,000

FEDERAL NAT'L MORTGAGE 50,000

FEDERAL NATL MORTGAGE 50,500

GE CAPITAL CORP TERM NOTE 50,000

GE CAPITAL CORP TERM NOTE 50,000

GE CAPITAL CORP JNTERNOTES 50,000

ANHEUSER BUSH COS IN -· 47,942

BANK OF AMERICA COl'<P 25,000 ' BANK OF AMERICA INTERNOTES 50,000

PRUDENTIAL FINANCIAL 50,000

BEAR STEARNS COS INC 50,000

JP MORGAN CHASE & CO 75,000 R-G CROWN BANK CD 25,000

LOWES COS INC 23,513 JP MORGAN CHASE & CO 25,000

LEHMAN BROTHERS HOLDING 25,000

GEORGIA POWER & LIGHNT 50,000 BANK OF AMERICA INTERNOTES 25,000

JP MORGAN CHASE & CO 25,000

PRUDENTIAL FINANCIAL INC 25,000

MERRILL LYNCH 243,780

WAL-MART STORES INC 49,125 POTENTIAL EQUITY DECLINE (100,000) Totals 1,160,060 125,500

6 Cash - General

INT'L BANK ·TRANSACTIONAL SAVINGS 836,245 INT'L BANK -CAPITAL CREDIT ACCT 50,000 WELL FARGO -PAYROLLL ACCT 11,350 CASH DRAWER 100

INrL BANK -BUSINESS ACCT 5,000 PETTY CASH FUND 150 Totals 250 902,595

RUS Form 7


NM00!'l

FINANCIAL AND STATISTICAL REPORT PERIOD lcNOED

Decen~ber, 2008

INSTRUCTIONS- See RUS Bulletin 1717B-2

PART I. INVESTMENTS

7 Soecial Deoosits SPECIAL DEPOSIT 125

Totals 125

9 Accounts and Notes Receivable - NET OTHER ACCOUNTS RECEIVABLE 18,454

Totals 18,454

11 TOTAL INVESTMENTS (1 lhru 10) 1,285,298 2,528,252

RUS Form 7

No

RUS Form 7

USDA-RUS

FINANCIAL AND STATISTICAL REPORT

Total

ORGANIZATION (a)

TOTAL Include loan Guarantees Onl l

INSTRUCTIONS - See RUS Bulletin 17178-2

MATURITY DATE (b)

BORr-,OVVFR DESIGNATlm~

NMIJIJ19

PERIOD ENDED

December, 2008

RURAL


NM001'l

FINANCIAL AND STATISTICAL REPORT f>ERIOI) ENDED

Decemilcr, 2008

INSTRUCTIONS See RUS Bulletin 17178-2

Part Ill. RATIO

RA no OF INVESTMENTS NJO LOAN GUARANTEES TO UTILITY PLANT 9.66 % IToiBI Of Included Investments (Part!, 11b) and Loan Guaranloes - Loan Balance (Pail II, 5d) lo Total Utility Plant (Form?, Part C, Line3)i

PART IV. LOANS

No ORGANIZATION MATURITY DATE ORIGINAL AMOUNT LOAN BALANCE RURAL DEVELOPMENT (a) (b) ($) ($) (e)

/cl (d)

Total

RUS Form 7

z'(j~ s~, ?h.lteueo. - new mexico public regulation commission · 2019-05-28 · march 23,...

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