CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
UTILITY PLANT:
Water Production	$ 144,525	$ 142,794
Transmission and Distribution	407,387	398,363
General	62,137	61,322
Construction Work in Progress	14,176	5,734
TOTAL	628,225	608,213
Less Accumulated Depreciation	131,125	126,343
UTILITY PLANT - NET	497,100	481,870
CURRENT ASSETS:
Cash and Cash Equivalents	1,229	3,469
Accounts Receivable, net	10,908	10,060
Unbilled Revenues	8,154	6,246
Materials and Supplies (at average cost)	4,732	2,600
Prepayments	3,242	2,035
TOTAL CURRENT ASSETS	28,265	24,410
DEFERRED CHARGES AND OTHER ASSETS:
Preliminary Survey and Investigation Charges	2,424	2,199
Regulatory Assets	58,126	58,552
Operations Contracts, Developer and Other Receivables	2,868	2,921
Restricted Cash	439	439
Non-utility Assets - Net	9,389	9,199
Federal Income Tax Receivable	1,408	1,408
Other	343	385
TOTAL DEFERRED CHARGES AND OTHER ASSETS	74,997	75,103
TOTAL ASSETS	600,362	581,383
CAPITALIZATION:
Common Stock, No Par Value	152,062	150,763
Retained Earnings	60,114	55,931
TOTAL COMMON EQUITY	212,176	206,694
Preferred Stock	2,436	2,436
Long-term Debt	130,955	132,908
TOTAL CAPITALIZATION	345,567	342,038
CURRENT LIABILITIES:
Current Portion of Long-term Debt	5,869	5,739
Notes Payable	10,500	3,000
Accounts Payable	9,589	6,525
Accrued Taxes	9,439	9,126
Accrued Interest	1,091	1,104
Unearned Revenues and Advanced Service Fees	899	880
Other	1,735	1,945
TOTAL CURRENT LIABILITIES	39,122	28,319
COMMITMENTS AND CONTINGENT LIABILITIES (Note 7)
DEFERRED CREDITS AND OTHER LIABILITIES:
Customer Advances for Construction	21,051	20,461
Accumulated Deferred Investment Tax Credits	792	832
Accumulated Deferred Income Taxes	70,927	67,702
Employee Benefit Plans	35,169	36,515
Regulatory Liability - Cost of Utility Plant Removal	11,181	10,876
Other	2,094	1,597
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES	141,214	137,983
CONTRIBUTIONS IN AID OF CONSTRUCTION	74,459	73,043
TOTAL CAPITALIZATION AND LIABILITIES	$ 600,362	$ 581,383