N.M. Admin. Code § 17.12.720.20

Current through Register Vol. 35, No. 21, November 5, 2024

Section 17.12.720.20 - OPERATING REVENUE ACCOUNTS

A. Sales of Water:

(1) 460 - Unmetered Sales to General Customers:

(a) This account shall include the net billing for water supplied for residential, commercial, and industrial (except irrigation) purposes where the charge is not dependent in any way on the quantity of water delivered but is based on diameter of service pipe, room, foot of frontage, or other similar unit.

(b) Records shall be maintained so that the estimated quantity of water sold and the amount of revenue under each rate schedule shall be readily available.

(c) This account shall be subdivided at least as follows whenever possible: 460.1 Metered Sales to Residential Customers; 461.2 Metered Sales to Commercial Customers; 461.3 Metered Sales to Public Authorities; 461.4 Metered Sales to Public Authorities

(2) 464 - Other Sales of Water to Customers: This account shall include all revenue for water sold to customers not properly includable in either accounts 460 or 461.

B. Other Operating Revenues:

(1) 471 - Miscellaneous Service Revenues:

(a) This account shall include revenues for all miscellaneous services and charges billed to customers which are not specifically provided for in other accounts.

(b) Items:

(i) Fees for changing or reconnecting service.

(ii) Profit on maintenance of appliances, piping, or other installations on customers' premises.

(iii) Net credit or debit (cost less net salvage and less payment from customers) on closing of work order for plant installed for temporary service of less than one (1) year.

(iv) Recovery of expenses in connection with unauthorized taking of water (billing for the water used shall be included in the appropriate water revenue account).

(2) 472 - Rents from Water Property:

(a) This account shall include rents received for the use by others of land, buildings, and other property devoted to water operations by the utility.

(b) When property owned by the utility is operated jointly with others under a definite arrangement for apportioning the actual expenses among the parties to the arrangement, any amounts received by the utility for interest or return or in reimbursement of taxes or depreciation on the property shall be credited to this account.

(c) Note: Do not include in this account rents from property constituting an operating unit or system. (See account 413, Income from Utility Plant Leased to Others.)

(3) 474 - Other Water Revenues:

(a) This account shall include revenues derived from water operations not includable in any of the foregoing accounts.

(b) Items:

(i) Commissions on sales or distribution of water of others when sold under rates filed by such others.

(ii) Compensation for minor or incidental services provided for others, such as customers billing, engineering, etc.

(iii) Profit or loss on sale of material and supplies not ordinarily purchased for resale.

N.M. Admin. Code § 17.12.720.20

Recompiled 12/30/01