CLASS "C" WATER and/or WASTEWATER UTILITIES. (Gross Revenue of Less Than $200,000 Each) ANNUAL REPORT WS AR. Sun River Utilities Inc.

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1 CLASS "C" WATER and/or WASTEWATER UTILITIES (Gross Revenue of Less Than $200,000 Each) ANNUAL REPORT WS92213AR Sun River Utilities Inc. EXACT LEGAL NAME OF RESPONDENT 611W, 527S Certificate Number(s) Submitted To The STATE OF FLORIDA FOR THE YEAR ENDED DECEMBER 31,2013 Form PSC/WAW 6 (Rev. 12/99)

2 CERTIFIED PUBLIC ACCOUNTANTS, P.A. INDEPENDENT ACCOUNT ANTS' COMPILATION REPORT Officers and Directors Sun River Utilities Inc. Miami, Florida We have compiled the balance sheet of Sun River Utilities Inc., as of December 31, 2013 and 2012, and the related statements of income and retaining earnings for the year ended December 31, 2013 included in the accompanying prescribed form. We have not audited or reviewed the financial statements in the accompanying prescribed form and, accordingly, do not express an opinion or provide any assurance about whether the financial statements are in accordance with the form prescribed by the Florida Public Service Commission. Management is responsible for the preparation and fair presentation of the financial statements included in the form prescribed by the Florida Public Service Commission and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements. Our responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements. These financial statements included in the accompanying prescribed form are presented in accordance with the requirements of the Florida Public Service Commission and are not intended to be a presentation in accordance with accounting principles generally accepted in the United States of America. The report is intended solely for information and use of the Florida Public Service Commission and is not intended to be and should not be used by anyone other than this specified party. CJN&WCPAs April 28, GulftoBay Boulevard Suite 200 Clearwater, FL Office: (727) Fax: (727)

3 Company: Sun Riyer Utilities Inc. Reconciliation of Revenue to Regulatory Assessment Fee Revenue Water Operations Class C For the Year Ended December 31,2013 (a) (b) (c) Gross Water Gross Water Revenues per Revenues per Accounts Scb. F3 RAF Return (d) Difference (b) (c) Gross Revenue: Residential $ 22,195 22,195 $ Commercial Industrial Multiple Family Guaranteed Revenues Other (Irrigation) Total Water Operating Revenue $ 23,092 $ 23,092 LESS: Expense for Purchased Water from FPSCRegulated Utility Net Water Operating Revenues $ 23,092 $ 23,092 Explanations: $ $ Instructions: For the current year, reconcile the gross water revenues reported on Schedule F3 with the gross water revenues reported on the company's regulatory assessment fee return. Explain any differences reported in column (d).

4 Company: Sun River Utilities Inc. Reconciliation of Revenue to Regulatory Assessment Fee Revenue Wastewater Operations Class C For the Year Ended December 31,2013 (a) (b) (c) Gross Wastewater Gross Wastewater Revenues per Revenues per Accounts Scb. F3 RAF Return (d) Difference (b) (c) Gross Revenue: Residential 20,766 $ 20,766 Commercial $ Industrial Multiple Family Guaranteed Revenues Other Total Wastewater Operating Revenue $ 21,578 $ 21,578 $ LESS: Expense for Purchased Wastewater from FPSCRegulated Utility Net Wastewater Operating Revenues $ 21,578 $ 21,578 Explanations: $ Instructions: For the current year, reconcile the gross water revenues reported on Schedule F3 with the gross water revenues reported on the company's regulatory assessment fee retum. Explain any differences reported in column (d).

5 GENERAL INSTRUCTIONS 1. Prepare this report in conformity with the 1996 National Association of Regulatory Utility Commissioners (NARUC} Uniform System of Accounts for Water and Wastewater Utilities as adopted by Rule (1 }, Florida Administrative Code. 2. Interpret all accounting words and phrases in accordance with the Uniform System of Accounts (USOA). Commission Rules and the definitions on next page. 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. 7. Complete this report by means which result in a permanent record. You may use permanent ink or a typewriter. Do not use a pencil. 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 in the report. Additional pages 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 statements should be made at the bottom of the page or on an additional page. Any additional pages should state the name of the utility and the year of the report, and reference the appropriate schedule. 10. The utility shall file the original and two copies of the report with the Commission at the address below, and keep a copy for itself. Pursuant to Rule (3), Florida Administrative Code, the utility must submit the report by March 31 for the preceeding year ending December 31. Florida Public Service Commission Division of Accounting and Finance 2540 Shumard Oak Boulevard Tallahassee, Florida Pursuant to Rule (7) (a), Florida Administrative Code, any utility that fails to file its annual report or extension on or before March 31, or within the time specified by any extension approved in writing by the Division of Accounting and Finance, shall be subject to a penalty. The penalty shall be based on the number of calendar days elapsed from March 31, or from an approved extended filing date, until the date of filing. The date of filing shall be included in the days elapsed. i.

6 GENERAL DEFINITIONS ADVANCES FOR CONSTRUCTION This account shall include advances by or in behalf of customers for construction which are to be refunded either wholly or in part. (USOA) ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION this account shall include concurrent credits for allowance for funds used during construction based upon the net cost of funds used for construction and a reasonable rate upon other funds when so used. Appropriate regulatory approval shall tie obtained for "a reasonable rate". (USOA) AMORTIZATION The gradual extinguishment of an amount in an account by distributing such amount over a fixed period, over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized. (USOA) CONTRIBUTIONS IN AID OF CONSTRUCTION (CIAC) Any amount or item of money, services, or property received by a utility, from any person or governmental agency, any portion of which is provided at no cost to the utility, which represents an addition or transfer to the capital of the utility, and which is utilized to offset the acquisition, improvement or construction costs of the utilities property, facilities, or equipment used to provide services to the public. (Section (3), Florida Statutes) CONSTRUCTION WORK IN PROGRESS (CWIP) This account shall include the cost of water and wastewater plant in process of construction, but not yet ready for services. (USOA) DEPRECIATION The loss of service value not restored by current maintenance, incurred in connection with the consumption or prospective retirement of utility plant in the course of service from causes which are known to be in the current operation and against which the utility is not protected by insurance. (Rule (i), Florida Administrative Code) EFFLUENT REUSE The use of wastewater after the treatment process, generally for reuse as irrigation water or for in plant use. (Section (6), Florida Statutes) EQUIVALENT RESIDENTIAL CONNECTION (ERC) (WATER) (Rule (8), Florida Administrative Code) (a) 350 gallons per day (b) The number of gallons a utility demonstrates in the average daily flow for a single family unit; or (c) The number of gallons which has been approved by the DEP for a single family residential unit. EQUIVALENT RESIDENTIAL CONNECTION (ERC) (WASTEWATER ) Industry standard of 80% of Water ERC or 280 gallons per day for residential use. GUARANTEED REVENUE CHARGE A charge designed to cover the utility's costs including, but not limited to, the cost of operation, maintenance, depreciation and any taxes, and to provide a reasonable return to the utility for facilities, a portion of which may not be used and useful to the utility or its existing customers. (Rule (9), Florida Administrative Code) LONG TERM DEBT All Notes, Conditional Sales Contracts, or other evidences of indebtedness payable more than one year from date of issue. (USOA) PROPRIETARY CAPITAL (For proprietorships and partnerships only) The investment of a sole proprietor, or partners, in an unincorporated utility. (USOA) RETAINED EARNINGS This account reflects corporate earnings retained in the business. Credits would include net income or accounting adjustments associated with correction of errors attributable to a prior period. Charges to this account would include net losses, accounting adjustments associated with correction of errors attributable to a prior period or dividends. (USOA) ii

7 TABLE OF CONTENTS FINANCIAL SECTION PAGE Identification F2 Income Statement F3 Comparative Balance Sheet F4 Gross Utility Plant F5 Accumulated Depreciation and Amortization of Utility Plant F5 Capital Stock F6 Retained Earnings F6 Proprietary Capital F6 Long Term Debt F6 Tax Expense F7 Payments For Services Rendered By Other Than Employees F7 Contributions in Aid of Construction F8 Cost of Capital Used For AFUDC Calculation F9 AFUDC Capital Structure Adjustments F10 WATER OPERATING SECTION PAGE Water Utility Plant Accounts W1 Analysis of Accumulated Depreciation By Primary Account Water W2 Water Operation And Maintenance Expense W3 Water Customers W3 Pumping and Purchased Water Statistics and Mains W4 Well and Well Pumps, Reservoirs, and High Service Pumping W5 Sources of Supply and Water Treatment Facilities W6 General Water System Information W7 WASTEWATER OPERATING SECTION PAGE Wastewater Utility Plant Accounts S1 Analysis of Accumulated Depreciation By Primary Account Wastewater S2 Wastewater Operation And Maintenance Expense S3 Wastewater Customers S3 Pumping Equipment, Collecting and Force Mains and Manholes S4 Treatment Plant, Master Lift Station Pumps and Pumping Wastewater Statistics S5 General Wastewater System Information S6 VERIFICATION SECTION PAGE Verification V1 iii

8 FINANCIAL SECTION

9 REPORT OF Sun River Utilities Inc. (Exact name of utility) 5195 NW 77th Ave. Miami, FL Mailing Address Street Address County Telephone Number Date Utility First Organized 12/7/2006 Fax Number Address Sunshine State OneCall of Florida, Inc. Member No. FM 1115 Check the business entity of the utility as filed with the Internal Revenue Service D Individual IIJsub ChapterS Corporation Corporation 0Partnership Location where books and records are located: Names of subdivisions where service is provided: 5195 NW 77th Ave Miami, FL Rivers Edge Salary Charged Name Title Principle Business Address Utility Person to send correspondence: 5195 NW 77th Ave. Joel Schenkman President Miami, FL fib1~mli~j8~fthlhi~mlhlq!i Person who prepared this report: 2560 GulftoBay Blvd. CJN&W, CPAs CPAs Clearwater. Fl l' IJ~~'~!Il~~ ~'lft'''l'ifirbm'hf:.., : '.! u;d~.fl ~~,s, Ill' j!,,,!, Officers and Managers: Joel Schenkman President 5195 NW 77th Ave None Jan Schenkman Vice President Miami, FL None Lara Schenkman Vice President None Rand~ Schenkman Secreta~/Treasurer None Sharon Utterback Asst. Secreta~/Treasurer None Report every corporation or person owning or holding directly or indirectly 5 percent or more of the voting securities of the reporting utility: Percent Salary Ownership In Charged Name Utility Principle Business Address Utility North Fort Mx:ers Utili!l: Inc. 100% 5195 NW 77th Ave. None Miami, FL F2

10 UTILITY NAME: Sun River Utilities Inc. INCOME STATEMENT Ref. Total Account Name Page Water Wastewater Other Company Gross Revenue: Residential $ 22,195 $ 20,766 N/A $ 42,961 Commercial ,709 Industrial Multiple Family Guarenteed Revenues Other (Specify) Total Gross Revenue 23,092 21,578 44,670 Operation Expense (Must W3 tie to Pages W3 and S3) S3 45,082 45,530 90,612 Depreciation Expense F5 10,468 3,043 13,511 CIAC Amortization Expense F8 (2,550) (1,614) (4, 164) Taxes Other Than Income : F7 1, ,010 Income Taxes F7 Total Operating Expenses 54,039 47, ,969 Net Operating Income (Loss) (30,947) (26,352) (57,299) Other Income: Non utility Income Interest Income Other Deductions: Miscellaneous Nonutilty Expenses Interest Expense Net Income (Loss) $ {30,947) $ {26,352) N/A $ ~57,299) F3

11 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 COMPARATIVE BALANCE SHEET Account Name Reference Page Current Year Previous Year ASSETS: Utility Plant In Service ( ) F5, W1, S1 $ Accumulated Depreciation and Amortization (1 08) F5, W2, S2 1,022,854 $ (567,102) 1,020,054 (553,592) Net Utility Plant Cash Customer Accounts Receivable (141) Other Assets (Specify): Acquisition Adjustment Special Deposit Misc. Deferred Debit Acct. Receivable Associated Company Total Assets $ LIABILITIES AND CAPITAL: 455,752 1,675 5, ,498 1,215 30, ,104 $ 466,462 2,552 4, ,498 1,215 30, ,363 Common Stock Issued (201 ) F6 Preferred Stock Issued (204 ) F6 Other Paid In Capital (211) Retained Earnings (Deficit)(215) F6 Proprietary Capital (Proprietary and partnership only) (218) ' F6 Total Capital 1,167,750 (500,496) 667,254 1,115,750 (443,196) 672,554 Long Term Debt (224) F6 Accounts Payable (231) Notes Payable (232) Customer Deposits (235) Accrued Taxes (236) Other Liabilities (Specify): Advances from Associated Company 6,541 2,010 7,325 2,020 Advances For Construction (252) Contributions In Aid Of Construction Net ( ) F8 Total Liabilities and Capital $ 48, ,104 $ 52, ,363 F4

12 UTILITY NAME Sun River Utilities Inc. December 31, 2013 GROSS UTILITY PLANT Plant Accounts: ( ) Inclusive Water Sewer Plant Other Than Reporting Systems Total Utility Plant In Service (101) $ 381,630 $ 225,930 Construction Work In Progress (105) 400,044 15,250 Other (Specify) Total Utility Plant $ 781,674 $ 241,180 N/A N/A $ 607, ,294 $ 1,022,854 ACCUMULATED DEPRECIATION (AID) AND AMORTIZATION OF UTILITY PLAN" Other Than Reporting Account108 Water Wastewater Systems Total Balance First Of Year $ 360,629 $ 192,963 N/A $ 553,592 Add Credits During Year: Accruals charged to depreciation account 10,468 3,043 13,511 Salvage Other credits (specify) Total credits 10,468 3,043 13,511 Deduct Debits During Year: Book cost of plant retired. Cost of removal Other debits (specify) Rounding 1 Total debits 1 1 Balance End of Year $ 371,096 $ 196,006 N/A $ 567,102 F5

13 UTILITY NAME: Sun River Utilities Inc. CAPITAL STOCK ( ) December 31, 2013 Common Stock 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 N/A RETAINED EARNINGS (215) Appropriated Un Appropriated Balance first of year Charges during the year (specify): Current Year Loss Rounding N/A $ {443, 196) (57,299) {1) Balance end of year $ $ (500,496) PROPRIETARY CAPITAL (218) Proprietor or Partner Partner Balance first ofyear Charges during the year (specify): N/A N/A Balance end ofyear LONG TERM DEBT (224) Description of Obligation (Including Nominal Date of Issue and Date of Maturity) Rate %1 I %1 I %l ' Total Interest #of Payments Principal Per Balance Sheet Date $ N/A F6

14 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 TAX EXPENSE WATER SEWER OTHER TOTAL (a) (b) (c) (d) (e) Income Taxes: Federal income tax $ $ N/A $ State income tax Taxes Other Than Income: State ad valorum tax Local property tax Regulatory assessment fee 1, ,010 Other (Specify): Total taxes accrued $ 1,039 $ 971 $ 2,010 PAYMENTS FOR SERVICES RENDERED BY OTHER THAN EMPLOYEES Report all information concerning rate, management, construction, advertising, labor relations, public relations, or other similar professional services rendered the respondent for which aggregate payments during the year to any corporation, partnership, individual, or organization of any kind whatever, amounting to $500 or more. Water Wastewater Name of Recipient Amount Amount Description of Service Davis Supply Company $ 1,230 $ 1,570 Plant operations Bill Mulconery 7,370 7,093 Plant operations CJN&W, CPAs 1,500 1,500 Accounting Cherry, Bekaert, Holland Tax Preparation Karla Enviro Organic Recycling 1 '171 Plant oeprations James Elder 4,650 Engineering Membrane Treatment Services 2,413 Repairs & Maintenance US Water Service 2,600 Plant operations MJS Utilities 17,877 17,243 Plant operations Sanders Laboratories, Inc 1,003 2,909 Testing Whippo Company 2,800 Construction F7

15 UTILITY NAME: Sun River Utilities Inc. CONTRIBUTIONS IN AID OF CONSTRUCTION (271) Water Wastewater (a) (b) (c) December31, 2013 TOTAL (d) 1. Balance first of year $ 90,899 $ 99, Add credits during year: 3. Total 4.Deduct charges during year 90,899 99,691 5.Balance end ofyear 90,899 99,691 6.Less Accumulated Amortization (64,334} (77,957) $ 190, , ,590 (142,291)?.Net CIAC $ 26,565 $ 21,734 $ 48,299 ADDITIONS TO CONTRIBUTIONS IN AID OF CONSTRUCTION DURING YEAR (CREDITS} Report below all developers or contractors Indicate agreements from which cash o 1215 "Cash" or received during the year "Property" Water Wastewater 0 $ $ Subtotal NONE NONE Report below all capacity charges, main extension charges and customer connections charges received during the year. Number of Charge per Description of Charge Connections Connection None Total Credits During Year (Must agree with line# 2 above) $ $ ACCUMULATED AMORTIZATION OF CIAC Water Wastewater Total Balance First of Year $ 61,784 $ 76,342 $ 138,126 Add Debits During Year: 2,550 1,614 $ 4,164 Deduct Credits During Year: {1) (1' Rounding ~alance l::nd ot Year (Must agree with line #6 above)_ $ 64,334 $ 77,957 $ 142,291 F8

16 WATER OPERATION SECTION

17 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 WATER UTILITY PLANT ACCOUNTS Acct. PREVIOUS No. Account Name YEAR ADDITIONS RETIREMENTS (a) (b) (c) (d) (e) 301 Organization $ $ $ 302 Franchises 303 Land and Land Rights 304 Structure and Improvements_ 135, Collecting and Impounding Reservoirs 306 Lake, River and Other Intakes_ 307 Wells and Springs 13, Infiltration Galleries and # Tunnels # 309 Supply Mains 0 10, Power Generation Equipment_ 311 Pumping Equipment 4, Water Treatment Equipment 137, Distribution Reservoirs and Standpipes 23, Transmission and Distribution Mains 35, Services 11, Meters and Meter Installations 7, Hydrants 2, Other Plant and Miscellaneous Equipment 1, Office Furniture and Equipment 341 Transportation Equipment 342 Stores Equipment 343 Tools, Shop and Garage Equip Laboratory Equipment 345 Power Operated Equipment 346 Communication Equipment 347 Miscellaneous Equipment 348 Other Tangible Plant Total Water Plant $ 381,630 $ $ CURRENT YEAR (f) $ 135,520 13,070 10,025 4, ,841 23,500 35,107 11,425 7,054 2,800 1, $ 381,630 NOTE: Any adjustments made to reclassify property from one account to another must be footnoted. W1

18 UTILITY NAME: Sun River Utilities Inc. December 31,2013 ANALYSIS OF ACCUMULATED DEPRECIATION BY PRIMARY ACCOUNT WATEFi Average Average Accumulated Service Salvage Depr. Depreciation ACCT. life In in Rate Balance NO. ACCOUNT NAME Years Percent Applied Previous Year Debits (a) (b) (c) (d) (e) (f) (g) 301 Organization 0 % $ $ Franchises % 304 Structure and Improvements 2_7 % ~ 0 135, Collecting and Impounding Reservoirs % ;. 306 Lake, River and Other Intakes % A 308 Infiltration Galleries and 0 Tunnels % 307 Wells and Springs 2_7 % ~ 0 13,070 3_2 % ljl 0 9, Supply Mains 310 Power Generation Equipment 1_7 % ~ Pumping Equipment 1_5 % ~ 0 4, Water Treatment Equipment 0 % 128, Distribution Reservoirs and Standpipes 3_3 % ~ 0 21, Transmission and Distribution Mains 3_8 % ~ 0 28, Services 35 % ~ 0 9, Meters and Meter Installations 1_7 % ~ Hydrants 40 % ~ 0 2, Other Plant and Miscellaneous Equipment 2_0 % J!Q_ Office Furniture and Equipment % 342 Stores Equipment % or 343 Tools, Shop and Garage Equipment 344 Laboratory Equipment 0 % 0 1, Transportation Equipment % 0 1_5 % ~ Power Operated Equipment 0 % Communication Equipment % 347 Miscellaneous Equipment 0 % 348 Other Tangible Plant 0 %. This amount should lie to Sheet F5 Totals $ 360,629 Credits (h) $ 314 8, $ 10,468 Accum. Depr. Balance End of year (fg+h=i) (i) $ 135,520 13,070 9,867 4, ,406 22,428 29,100 10,276 7,054 2,205 1, $ W2

19 UTILITY NAME: Sun River Utilities Inc. December 31,2013 WATER OPERATION AND MAINTENANCE EXPENSE Acct. No. Account Name Amount 601 Salaries and Wages Employees 603 Salaries and Wages Officers, Directors, and Majority Stockholders 604 Employee Pensions and Benefits 610 Purchased Water 615 Purchased Power 2, Fuel for Power Production 618 Chemicals 1, Materials and Supplies 2, Contractual Services: Billing Operator and Management 4,650 Testing 24,067 Other 4,481 ~0 Re~s 5, Transportation Expense 655 Insurance Expense 665 Regulatory Commission Expenses (Amortized Rate Case Expense) _ Bad Debt Expense 675 Miscellaneous Expenses 635 Total Water Operation and Maintenance Expense $ 45,082 * * This amount should tie to Sheet F3. WATER CUSTOMERS Total Number Description Number of Active Customers of Meter Type of Equivalent Start End Equivalents Meter** Factor of Year of Year (c xe) (a) (b) (c) (d) (e) (f) Residential Service 5/8" D /4" D 1.5 1" D /2" D,T 5.0 General Service 5/8" D /4" D 1.5 1" D /2" D,T 5.0 2" D,C,T 8.0 3" D " c " T 17.5 Unmetered Customers 1.0 Other (Specify): ** D Displacement C =Compound Total T =Turbine W3

20 UTILITY NAME: Sun River Utilities Inc. SYSTEM NAME: Sun River Utilities Inc. December 31, 2013 PUMPING AND PURCHASED WATER STATISTICS Recorded Water Finished Accounted For Total Water Purchased Water From Loss Through Pumped And For Resale Wells Line Flushing Purchased (Omit OOO's) (Omit OOO's) Etc. (Omit OOO's) MONTH (Omit OOO's) [(b)+(c)(d)] (a) (b) (c) (d) (e) Water Sold To Customers (Omit OOO's) (f) January February March April May June July.:..._ August September October November December Total for year N/A 1,720 1, ,720 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: N/A MAINS (Feet) Kind of Pipe Diameter (Cast Iron, coated of First of Removed or steel, etc.) Pipe Year Added Abandoned PVC 6" 4,770 End of Year 4,770 W4

21 UTILITY NAME: Sun River Utilities Inc. SYSTEM NAME: Sun River Utilities Inc. December 31, 2013 WELLS AND WELL PUMPS (a) (b) (c) (d) (e) Year Constructed Types of Well Construction and Casing Rota!Y Rota!Y PVC PVC Depth ofwells Diameters of Wells PumpGPM ~ Motor HP Motor Type* Yeilds of Wells in GPO Auxiliary Power 225' 225 4" 4" Submersible Submersible None None * Submersable, centrifugal, etc. RESERVOIRS (a) Description (steel, concrete) Capacity of Tank Ground of Elevated (b) Six Concrete 5000 Gal ea. Ground (c) (d) (e) HIGH SERVICE PUMPING (a) MOTORS Manufacturer rw~ Rated Horsepower (b) (c) Century Century Single Phase Single Phase (d) (e) (a) PUMPS Manufacturer Tw~ Capacity in GPM Average Number of Hours Operated Per Day Auxiliary Power (b) Goulds (c) Goulds Centrifigal Centrifigal None None {d) (e) W5

22 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 SOURCE OF SUPPLY List for each source of supply (Ground, Surface, Purchased Water, etc): Gallons per day of source 72,000 Type of source Well 72,000 Well WATER TREATMENT FACILITIES List for each Water Treatment Facility: Type Make Reverse Osmosis H:tdro~ro Permitted Capacity (GPO) 60,000 High service pumping Gallons per minute See Page W5 275 Reverse Osmosis 40,000 Lime treatment Unit Rating Filtration Pressure Sq. Ft. 200 Gravity GPO/Sq. Ft. Disinfection Chlorinator Ozone O~e~ Auxiliary Power Stenner 45M None W6

23 UTILITY NAME: Sun River Utilities Inc. SYSTEM NAME: Sun River Utilities Inc. December 31, 2013 OTHER WATER SYSTEM INFORMATION Furnish information below for each system. A separate page should be supplied where necessary Present ERG's *the system can efficiently serve 55 Maximum number of ERG's * which can be served 55 Present system connection capacity (in ERG's *) using existing lines 284 Future connection capacity (in ERG's *) upon service area buildout Estimated annual increase in ERC's* Is the utility required to have fire flow capacity? If so, how much capacity is required? None for the next year Yes. It has 3 fire tly_drants 500 GPM for 2 hours Attach a description of the fire fighting facilities. Two 275gpm high service pumps and storage in concrete tanks Describe any plans and estimated completion dates for any enlargements or improvements of this system. 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, submit the following: a. Attach a description of the plant upgrade necessary to meet DEP rules. b. Have these plans been approved by DEP? c. When will construction begin? d. Attach plans for funding the required upgrading. e. Is this system under any Consent Order with DEP? No Department of Environmental Protection ID # Water Management District Consumptive Use Permit# 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? * An ERC is determined based on one of the following methods: (a} if actual flow data are available from the preceding 12 months: Divide the total annual single family residence (SFR) gallons sold by the average number of single family residents (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 available are available for use: ERC = (Total SFRgallons sold (omit 000)/365 days/350 gallons per day). W7 Revised

24 WASTEWATER OPERATION SECTION

25 UTILITY NAME Sun River Utilities Inc. December WASTEWATER UTILITY PLANT ACCOUNTS Acct. Previous No. Account Name Year Additions Retirements fa\ {b) lc\ ld\ le\ 351 Organization $ $ $ 352 Franchises ~ 353 Land and Land Rights 354 Structure and Improvements 355 Power Generation Equipment 360 Collection Sewers Force 361 Collection Sewers Gravity 62, Special Collecting Structures 16, Services to Customers 17, Flow Measuring Devices 365 Flow Measuring Installations 370 Receiving Wells 25, Pumping Equipment 380 Treatment and Disposal Equipment 67, Plant Sewers 382 Outfall Sewer Lines 389 Other Plant and Miscellaneous Equipment 390 Office Furniture and Equipment 37, Transportation Equipment 392 Stores Equipment 393 Tools, Shop and Garage Equipment 394 Laboratory Equipment 395 Power Operated Equipment 396 Communication Equipment 397 Miscellaneous Equipment 398 Other Tangible Plant Total Sewer Plant $ 225,930 $ $ Current Year (f) $ 62,241 16,915 17,010 25,000 67,200 37,564 $ 225,930 * This amount should tie to Sheet F5 S1

26 UTILITY NAME: Sun River Utilities Inc. ANALYSIS OF ACCUMULATED DEPRECIATION BY PRIMARY ACCOUNT WASTEWATEF Average Average Accumulated Service Salvage Depr. Depreciation Acct. Life in In Rate. Balance No. Account Name Years Percent Applied Previous Year Debits (a) (b) (c) (d) (e) (f) (g) 351 Organization 40 % ~ %. 352 Franchises % % 354 Structure and Improvements 27 % 355 Power Generation Equipment % _l2q % 360 Collection Sewers Force % % 361 Collection Sewers Gravity 40 % ~ % Special Collecting 363 Services to Customers 35 % Structures (Lift Stations) % % 16,915 ~ % 14,826 ~ % 364 Flow Measuring Devices 5 % 365 Flow Measuring Installations % % 370 Receiving Wells (Lift Stations) % % 9, Pumping Equipment 40 % ~ % 380 Treatment and Disposal Equipment 15 % ~ % 67, Plant Sewers % % 382 Outfall Sewer Lines % % 389 Other Plant and Miscellaneous Equipment 15 % 6.70 % 390 Office Furniture and Equipment 10 % ~ % 37, Transportation Equipment 5 % ~ % 392 Stores Equipment % % 393 Tools, Shop and Garage Equipment 10 % ~ % 394 Laboratory Equipment % % 395 Power Operated Equipment % % 396 Communication Equipment % % 397 Miscellaneous Equipment % % 398 Other Tangible Plant 5 % ~ % Totals 192,963. Th1s amount should lie to Sheet F 5. Credits (h) 1, ,000 3,043 December 31,2013 Accum. Depr. Balance End of Year (fg+h=i) (i). 49,014 16,915 15,313 10,000 67,200 37, ,006 S2

27 UTILITY NAME: Acct. No. Sun River Utilities Inc. WASTEWATER OPERATION AND MAINTENANCE EXPENSE Account Name December 31, 2013 Amount 701 Salaries and Wages Employees 703 Salaries and Wages Officers, Directors, and Majority Stockholders 704 Employee Pensions and Benefits Purchased Wastewater Treatment Sludge Removal Expense Purchased Power Fule for Power Production Chemicals 1,170 3,013 1, Materials and Supplies 730 Contractual Services: Operator and Management ~dn~ Other 21,826 4, Rents Transportation Expense Insurance Expense 7, Regulatory Commission Expenses (Amortized Rate Case Expense) 770 Bad Debt Expense 775 Miscellaneous Expenses 5,755 Total Wastewater Operation and Maintenance Expense $ * This amount should tie to Sheet F3. 45,530 WASTEWATER CUSTOMERS Description Number of Active Customers Type of Equivalent Start End Meter Factor of Year of Year (a) (b) (c) {d) (e) Residential Service 5/8" D /4" D 1.5 1" D /2" D,T 5.0 General Service 5/8" D /4" D 1.5 1" D /2" D,T 5.0 2" D,C,T 8.0 3" D " c " T 17.5 Total Number of Meter Equivalents (ex e) (f) Unmetered Customers 1.0 Other (Specify): D Displacement C =Compound Total T =Turbine 55 S3

28 UTILITY NAME Sun River Utilities Inc. December 31, 2013 PUMPING EQUIPMENT Lift station number Make or type and nameplate data of pump Year installed Rated capacity (GPM) Size (HP) Power: Electric Mechanical Nameplate data of motor N/A Size (inches)_ Type (PVC, VCP, etc) Average length Number of active service connections Beginning of year Added during year Retired during year End ofyear Give full particulars concerning inactive connections SERVICE CONNECTIONS 4" PVC COLLECTING AND FORCE MAINS AND MANHOLES Collecting Mains Force Mains Size (inches) 8" Type of main PVC Length of main (nearest foot): Beginning of year 4,750 Added during year Retired during year End of year 4,750 MANHOLES Size 48" Type Concr. Number: Beginning of year 18 Added during year Retired during year_ End of year 18 S4

29 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 Manufacturer unknown Type unknown "Steel" or "Concrete" Concrete Total Capacity 15,ooo 9 ed Average Daily Flow 4236 Effluent Disposal Evaeeration Pond Total Gallons of Wastewater Treated 1,546,000 TREATMENT PLANT Manufacturer unknown unknown Capacity ipm) Motor: Manufacturer unknown unknown Horsepower 3 3 Power (Electric or Mechanical) 230 v 230v MASTER LIFT STATION PUMPS PUMPING WASTEWATER STATISTICS Gallons of Effluent Reuse Months Treated Gallons to Wastewater Customers January 176,000 None February 178,000 March 176,000 April 147,000 May 144,000 June 93,000 July 118,000 August 132,000 September 105,000 October 105,000 November 88,000 December 84,000 Total for year 1,546,000 Effluent Gallons Disposed of on site 176, , , , ,000 93, , , , ,000 88,000 84,000 1,546,000 If Wastewater Treatment is purchased, indicate the vendor: S5

30 UTILITY NAME: Sun River Utilities Inc. December 31, 2013 OTHER WASTEWATER SYSTEM INFORMATION Furnish information below for each system. A separate page should be supplied where necessary. 1. Present ERG's * that system can efficiently serve Maximum number of ERG's which can be served. 75 with existing plant 3. Present system connection capacity (in ERG's *) using existing lines Future system connection capacity (in ERG's *) upon service area buildout. NIA 5. Estimated annual increase in ERG's *. 0 Next year 8. Describe any plans and estimated completion dates for any enlargements or improvements of this system. 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. 8. If the utility does not engage in reuse, has a reuse feasibility study been completed? 1990 by prior owner If so, when? 9. Has the utility been required by the DEP or water management district to implement reuse? No If so, what are the utility's plans to comply with this requirment? 10. When did the company last file a capacity analysis report with the DEP? 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. b. Have these plans been approved by DEP? c. When will construction begin? d. Attach plans for funding the required upgrading. e. Is this system under any Consent Order of the DEP? 11. Department of Environmental Protection ID # FLA Use one of the following methods: (a) If actual flow data are available from the preceding 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: ERG= (Total SFR gallons sold (Omit 000) I 365 days I 280 gallons per day) S6

31 UTILITY NAME: Sun River Utilities Inc. CERTIFICATION OF ANNUAL REPORT I HEREBY CERTIFY, to the best of my knowledge and belief: YES ( X) YES ( X) YES ( X) YES ( X) NO ( ) NO ( ) NO ( ) NO ( ) 1. The utility is in substantial compliance with the Uniform System 01 Accounts prescribed by the Florida Public Service Commission in Rule (1 ), Florida Administrative Code. 2. The utility is in substantial compliance with all applicable rules anc orders of the Florida Public Service Commission. 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 ol the utility. 4. The annual report fairly represents the financial condition and results of operations of the respondent for the period presented and othe1 information and statements presented in the report as to the busines~ affairs of the respondent are true, correct and complete for the perioc for which it represents. 1. ( ) 1. (X) ITEMS CERTIFIED ( ) ( ) ( ) ( X) ( X) ( X) chief executive officer of the utility) * Each of the four items must be certified YES or NO. Each item need not be certified b} both officers. The items being certified by the officer should be indicated in the appropriate area to the left of the signature. Notice: Section , Florida Statutes, provides that any person who knowingly make! 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 V1