Kentucky Public Service Commission

Final Order Entered: 1. The findings contained in the Staff Report are adopted and incorporated by reference into this Order as if fully set out herein. 2. The general service rates proposed by Cawood District are denied. 3. The rates set forth in the Appendix to this Order are approved for services rendered by Cawood District on and after the date of this Order. 4. The nonrecurring charges as set forth in Appendix to this Order are approved. 5. Within 20 days of the date of this Order, Cawood District shall file with this Commission, using the Commission's electronic Tariff Filing System, new tariff sheets setting forth the rates and charges approved herein and their effective date, and stating that the rates and charges were authorized by this Order. 6. Cawood District shall use the mid-point of the depreciable lives of the National Association of Regulatory Utility Commissioners ranges, as proposed by Staff, to depreciate water plant assets for accounting purposes in all future reporting periods. No adjustment to accumulated depreciation, or retained earnings should be made to account for this change in the accounting estimate.

Cawood Water District Response to Staff Report

Notice of Filing of Commission Staff Report

Memorandum dated 10/25/2017 for Informal Conference of 10/11/2017; Comments, if any, due within five days of receipt

Commission Staff's Notice of Telephonic Informal Conference

Cawood Water District Response to First Request for Information

Commission Staff's First Request for Information to Cawood Water District

Order Entered: 1. No later than November 14, 2017, Commission Staff shall file with the Commission and serve upon all parties of record a written report ("Report") containing its findings and recommendations regarding Cawood District's requested rate adjustment. 2. No later than 14 days after the date of the filing of the Commission Staff Report, each party of record shall file with the Commission: a. Its written comments on and any objections to the findings contained in the Commission Staff Report; and b. Any additional evidence for the Commission to consider. 3. If Commission Staff finds that Cawood District's financial condition supports a higher rate than Cawood District proposes or the assessment of an additional rate or charge not proposed in Cawood District's Application, Cawood District in its response to the Commission Staff Report shall also state its position in writing on whether the Commission should authorize the assessment of the higher rate or the additional rate or charge. 4. If Commission Staff finds that changes should be made to the manner in which Cawood District accounts for the depreciation of Cawood District's assets, Cawood District in its response to the Commission Staff Report shall also state its position in writing on whether the Commission should require Cawood District to implement the proposed change for accounting purposes.

Deficiency Cured Letter

Cawood Water District Amortization Schedule

Deficiency letter, information due within 10 days

Acknowledge Receipt of Filing

Cawood Water District Application for an Alternative Rate Adjustment