New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 12 - WATER SERVICES
Part 720 - UNIFORM SYSTEMS OF ACCOUNTS AND ANNUAL REPORT FORMS FOR WATER UTILITIES
Section 17.12.720.17 - UTILITY PLANT ACCOUNTS
Universal Citation: 17 NM Admin Code 17.12.720.17
Current through Register Vol. 35, No. 18, September 24, 2024
A. Intangible Plant:
(1) 301 - Organization:
This account shall include all fees paid to federal or state governments for
the privilege of incorporation and expenditures incident to organizing the
corporation, partnership, or other enterprise and putting it into readiness to
do business.
(a) Items:
(i) Cost of obtaining certificates
authorizing an enterprise to engage in the public utility business.
(ii) Fees and expenses for
incorporation.
(iii) Fees and
expenses for mergers or consolidations.
(iv) Office expenses incident to organizing
the utility.
(v) Stock and minute
books and corporate seal.
(b) Note A: This account shall not include
any discounts upon securities issued or assumed; nor shall it include any costs
incident to negotiating loans, selling bonds, or other evidences of debt, or
expenses in connection with the authorization, issuance, and sale of capital
stock.
(c) Note B: Exclude from
this account and include in the appropriate expense account the cost of
preparing and filing papers in connection with the extension of the term of
incorporation unless the first organization costs have been written off. Where
charges are made to this account for expenses incurred in mergers,
consolidations, or reorganizations, amounts previously included herein or in
similar accounts in the books of the companies concerned shall be excluded from
this account.
(2) 302 -
Franchises and Consents:
(a) This account
shall include amounts paid to the federal government, to a state, or to a
political subdivision thereof in consideration for franchises, consents, or
certificates running in perpetuity or for a specified term or more than one
year, together with necessary and reasonable expenses incident to procuring
such franchises, consents, or certificates of permission and approval,
including expenses of organizing and merging separate corporations, where
statutes require, solely for the purpose of acquiring franchises.
(b) If a franchise, consent, or certificate
is acquired by assignment, the charge to this account in respect thereof shall
not exceed the amount paid therefor by the utility to the assignor, nor shall
it exceed the amount paid by the original grantee, plus the expense of
acquisition to such grantee. Any excess of the amount actually paid by the
utility over the amount above specified shall be charged to account 426,
Miscellaneous Income Deductions.
(c) When any franchise has expired, the book
cost thereof shall be credited hereto and charged to account 426, Miscellaneous
Income Deductions, or to account 110, Accumulated Provision for Depreciation
and Amortization of Utility Plant, as appropriate.
(d) Records supporting this account shall be
kept so as to show separately the book cost of each franchise or
consent.
(e) Note: Annual or other
periodic payments under franchises shall not be included herein but in the
appropriate operating expense account.
(3) 303 - Miscellaneous Intangible Plant:
(a) This account shall include the cost of
patent rights, licenses, privileges, and other intangible property necessary or
valuable in the conduct of utility operations and not specifically chargeable
to any other account.
(b) When any
item included in this account is retired or expires, the book cost thereof
shall be credited hereto and charged to account 426, Miscellaneous Income
Deductions, or to account 110, Accumulated Provision for Depreciation and
Amortization of Utility Plant, as appropriate.
(c) This account shall be maintained in such
a manner that the utility can furnish full information with respect to the
amounts included herein.
B. Utility Land and Structures:
(1) 310 - Utility Land and Rights-of-Way:
This account shall include the cost of all utility land, land rights, and
rights-of-way. (See Utility Plant Instruction 6 [F.].)
(2) 311 - Utility Structures and
Improvements: This account shall include the cost in place of structures and
improvements used and useful in connection with utility operations. (See
Utility Plant Instruction 7 [G.].)
C. Source of Supply Plant:
(1) 312 - Collecting and Impounding
Reservoirs: This account shall include the cost in place of structures and
improvements used for impounding, collecting, and then storing water in the
source of supply system.
(a) Items:
(i) Aerators (when installed as an integral
part of collecting and impounding reservoirs).
(ii) Bridges and culverts.
(iii) Clearing land.
(iv) Dams.
(v) Drainage conduits.
(vi) Embankments.
(vii) Fish ladders and elevators.
(viii) Fences.
(ix) Gate houses and equipment.
(x) Landscaping.
(xi) Lighting systems.
(xii) Retaining walls.
(xiii) Roads and paths.
(xiv) Sewers.
(xv) Spillways and channels.
(xvi) Any other permanent improvement to
collecting and impounding reservoirs.
(b) [RESERVED]
(2) 314 - Wells and Springs: This account
shall include the cost installed of wells and springs used as a source of water
supply.
(a) Items:
(i) Clearing land.
(ii) Collecting basins.
(iii) Collecting pipes.
(iv) Fences.
(v) Landscaping.
(vi) Lighting systems.
(vii) Overflow spillways and
channels.
(viii) Sewers.
(ix) Springs and appurtenances.
(x) Wells, casings, and appurtenances,
including cost of test wells and nonproductive wells drilled as part of a
project resulting in a source of water within the same supply area.
(3) 317 - Other Water
Source Plant: This account shall include the cost installed of other water
source plant which is not properly includable in other source of supply plant
accounts.
D. Pumping Plant:
(1) 325 - Electric Pumping Equipment:
This account shall include the cost installed of pumping equipment driven by
electric power.
(a) Items:
(i) Motors for driving pumps.
(ii) Pumps, including setting, gearing,
shafting, and belting.
(iii) Water
piping within station, including valves.
(iv) Auxiliary equipment for motors and pumps
such as oiling systems, cooling systems, condensers, etc.
(v) Electric power lines and
switching.
(vi) Regulating
recording, and measuring devices.
(vii) Foundations, frames, and bed
plates.
(viii) Ladders, stairs, and
platforms if a part of pumping unit.
(2) 328 - Other Pumping Equipment: This
account shall include cost of equipment used in pumping operations not properly
includable in account 325 such as gas engine and gasoline engine pumping
equipment.
E. Water Treatment Plant: 332 - Water Treatment Equipment: This account shall include the cost installed of apparatus equipment and other facilities used for the treatment of water.
F. Transmission and Distribution Plant:
(1) 342 - Distribution
Reservoirs and Tanks: This account shall include the cost in place of
reservoirs, tanks, standpipes, and appurtenances used in storing water for
distribution. (See Utility Plant Instruction 7.)
(a) Items:
(i) Aerators (when installed as an integral
part of distribution reservoirs).
(ii) Bridges and culverts.
(iii) Clearing land.
(iv) Dams.
(v) Embankments.
(vi) Fences.
(vii) Foundations.
(viii) Gates and gate houses.
(ix) Landscaping.
(x) Lighting systems.
(xi) Piping system within
reservoirs.
(xii) Retaining
walls.
(xiii) Roads and
paths.
(xiv) Rust-proofing
apparatus.
(xv) Sewers.
(xvi) Spillways and channels.
(xvii) Standpipes.
(xviii) Superstructures.
(xix) Tanks.
(xx) Towers.
(xxi) Valves and appurtenances.
(xxii) Valve vaults and houses.
(xxiii) Water level control
apparatus.
(b)
[RESERVED]
(2) 343 -
Mains:
(a) This account shall include the cost
installed of mains and appurtenances.
(b) Records supporting this account shall be
so kept as to show separately the cost of mains for different sizes and
types.
(c) Items:
(i) Air chambers.
(ii) Blow-offs and overflows.
(iii) Bridges and culverts.
(iv) Electrolysis control
equipment.
(v) Gauges and
recorders.
(vi) Jointing and
jointing materials.
(vii)
Manholes.
(viii) Meters and
appurtenances.
(ix) Municipal
inspection or permits.
(x) Pavement
disturbed, including cutting and replacing pavement, pavement base, and
sidewalks.
(xi) Pipes.
(xii) Placing mains and
accessories.
(xiii) Pressure
regulators.
(xiv) Protection of
street openings.
(xv)
Shut-offs.
(xvi) Special
castings.
(xvii) Sterilizing new
mains.
(xviii) Surge
tanks.
(xix) Trenching, including
shoring, bracing, bridging, pumping, backfill, and disposal of excess excavated
material.
(xx) Tunnels.
(xxi) Valves and appurtenances.
(xxii) Valve vaults.
(3) 345 - Services:
(a) This account shall include the cost
installed of service pipes and accessories leading to the customer's
meter.
(b) A complete service
begins with the connection on the main and extends to, but does not include,
the connection with the customer's meter. A stub service extends from the main
to the property line or the curb stop.
(c) Services which have been used but have
become inactive shall be retired from utility plant in service immediately if
there is no prospect for reuse, and, in any event, shall be retired by the end
of the second year following that during which the service became inactive
unless reused in the interim.
(d)
Items:
(i) Corporation stops or
toes.
(ii) Gate valves and
boxes.
(iii) Goose necks.
(iv) Jointing and jointing
material.
(v) Municipal inspection
or permits.
(vi) Pavement
disturbed, including cutting replacing pavement, pavement base,
sidewalks.
(vii) Pipes.
(viii) Placing pipes and
accessories.
(ix) Protection of
street openings.
(x) Service or
curb boxes.
(xi) Service or curb
stops.
(xii) Tapping
main.
(e) Note A: When a
customer pays all or part of the cost of the service and such cost is properly
includable in this account, the amount borne or contributed by the customer
shall be credited to account 271, Contributions in Aid of
Construction.
(4) 346 -
Meters:
(a) This account shall include the
cost of meters, devices, and appurtenances attached thereto used for measuring
the quantity of water delivered to users whether actually in service or held in
reserve.
(b) When a meter is
permanently retired from service, the amount at which it is included herein
shall be credited to this account.
(c) The records covering meters shall be so
kept that the utility can furnish information as to the number of meters of
each type and size in service and in reserve as well as the location of each
meter included in this account.
(d)
Items:
(i) Meters, including badging and
initial testing.
(ii) Remote meter
registers.
(e) Note A:
This account shall not include meters from recording the output of a supply or
treatment plant or those located on mains. It includes only those meters to
record water delivered to customers, including company use, and those used
elsewhere in the system if a type available for general use.
(f) Note B: The utility shall maintain meter
records in a form and manner to readily allow all meters to be classified as to
type and size. Such records shall also indicate for utility owned meters
whether the meter is in service or is held in reserve and the number of meters
in service owned by customers.
(5) 347 - Meter Installations:
(a) This account shall include the cost of
labor employed, materials used, and expenses incurred in connection with the
original installation of customers' meters and devices and appurtenances
attached thereto.
(b) When a meter
installation is permanently retired from service, the cost thereof shall be
credited to this account.
(c)
Items:
(i) Installation labor (first
installations only).
(ii) Meter
coupling.
(iii) Meter
bars.
(iv) Meter yokes.
(v) Meter fittings, connections, and
shelves.
(vi) Meter vaults or
boxes.
(vii) Stops.
(d) Note A: The cost of labor in
removing and resetting meters shall be charged to account 920.2 or
922.
(e) Note B: The utility may
include the cost of meter installations in account 346, Meters.
(6) 348 - Hydrants:
(a) This account shall include the cost
installed of hydrants in service owned by the utility.
(b) Records shall be kept so as to show
number, size (nominal diameter or bottom connection), number and size of hose
connections, diameter of main to which attached, and type of hydrants
classified as to public use and private use.
(c) Items:
(i) Connections to main.
(ii) Excavation, backfill, and disposal of
excess excavated material.
(iii)
Hydrants and fittings, including barrel and shoe.
(iv) Manholes.
(v) Pavement disturbed, including cutting and
replacing pavement, pavement base, and sidewalks.
(vi) Pipe, including leads and
drains.
(vii) Tee at
main.
(viii) Valves and valve
boxes.
G. General Plant:
(1) 391 - Office Furniture and Equipment:
(a) This account shall include the cost of
office furniture and equipment owned by the utility devoted to utility service
and not permanently attached to buildings, except the cost of such furniture
and equipment which the utility elects to assign to other plant accounts on a
functional basis.
(b) If the
utility has equipment includable in this account at more than one location,
separate records shall be maintained for each location.
(c) Items:
(i) Book cases and shelves.
(ii) Desks, chairs, and desk
equipment.
(iii) Drafting room
equipment.
(iv) Filing, storage,
and other cabinets.
(v) Floor
covering.
(vi) Library and library
equipment.
(vii) Mechanical office
equipment such as accounting machines, typewriters, computers, etc.
(viii) Safes.
(ix) Tables.
(2) 392 - Transportation Equipment: This
account shall include the cost of transportation vehicles used for utility
purposes.
(a) Items:
(i) Airplanes.
(ii) Automobiles.
(iii) Bicycles.
(iv) Electrical vehicles.
(v) Motor trucks.
(vi) Motorcycles.
(vii) Repair cars or trucks.
(viii) Tractors and trailers.
(ix) Other transportation vehicles.
(b) [RESERVED]
(3) 393 - Stores Equipment:
(a) This account shall include the cost of
equipment used for the receiving, shipping, handling, and storage of materials
and supplies.
(b) If the utility
has equipment includable in this account at more than one location, separate
records shall be maintained for each location.
(c) Items:
(i) Chain falls.
(ii) Counters.
(iii) Cranes (portable).
(iv) Elevating and stacking equipment
(portable).
(v) Hoists.
(vi) Lockers.
(vii) Scales.
(viii) Shelving.
(ix) Storage bins.
(x) Trucks, hand and power driven.
(xi) Wheelbarrows.
(4) 394 - Tools, Shop and Garage
Equipment: This account shall include the cost of tools, implements, and
equipment used in construction, repair work, general shops, and garages and not
specifically provided for or includable in other accounts.
(a) Items:
(i) Air compressors.
(ii) Anvils.
(iii) Automobile repair shop
equipment.
(iv) Battery charging
equipment.
(v) Belts, shafts, and
countershafts.
(vi)
Boilers.
(vii) Cable pulling
equipment.
(viii) Concrete
mixers.
(ix) Drill
presses.
(x) Derricks.
(xi) Electric equipment.
(xii) Engines.
(xiii) Forges.
(xiv) Furnaces.
(xv) Foundations and settings specially
constructed for and not expected to outlast the equipment for which
provided.
(xvi) Gas
producers.
(xvii) Gasoline pumps,
oil pumps, and storage tanks.
(xviii) Greasing tools and
equipment.
(xix) Hoists.
(xx) Ladders.
(xxi) Latches.
(xxii) Machine tools.
(xxiii) Motor-driven tools.
(xxiv) Motors.
(xxv) Pipe threading and cutting
tools.
(xxvi) Pneumatic
tools.
(xxvii) Pumps.
(xxviii) Riveters.
(xxix) Smithing equipment.
(xxx) Tool racks.
(xxxi) Vises.
(xxxii) Welding apparatus.
(xxxiii) Work benches.
(b) [RESERVED]
(5) 395 - Laboratory Equipment:
(a) This account shall include the cost
installed of laboratory equipment used for general laboratory purposes and not
specifically provided for or includable in other departmental or functional
plant accounts.
(b) If the utility
has equipment includable in this account at more than one location, separate
records shall be maintained for each location.
(c) Items:
(i) Autoclaves.
(ii) Barometers.
(iii) Cameras.
(iv) Centrifuge.
(v) Distilling apparatus.
(vi) Furnaces.
(vii) Microscopes.
(viii) Ovens.
(ix) Pitometers.
(x) Rain gauges.
(xi) Refrigerators.
(xii) Scales.
(xiii) Sterilizers.
(xiv) Stop watches.
(xv) Testing machines.
(xvi) Thermometers.
(xvii) Voltmeters.
(xviii) Other bacteriological, electric,
chemical, hydraulic, or research equipment.
(6) 396 - Power Operated Equipment:
(a) This account shall include the cost of
power operated equipment used in construction or repair work exclusive of
equipment includable in other accounts. Include, also, the tools and
accessories acquired for use with such equipment and the vehicle on which such
equipment is mounted.
(b) Items:
(i) Air compressors, including driving unit
vehicle.
(ii) Backfilling
machines.
(iii) Boring
machines.
(iv)
Bulldozers.
(v) Cranes and
hoists.
(vi) Diggers.
(vii) Engines.
(viii) Pile drivers.
(ix) Pipe cleaning machines.
(x) Pipe coating or wrapping
machines.
(xi) Tractors - crawler
type.
(xii) Trenches.
(xiii) Other power operated
equipment.
(c) Note: It
is intended that this account include only such large units as are generally
self-propelled or mounted on moveable equipment.
(7) 397 - Communication Equipment:
(a) This account shall include the cost
installed of telephone, telegraph, and wireless equipment for general use in
connection with utility operations.
(b) Items:
(i) Antennae.
(ii) Booths.
(iii) Cables.
(iv) Distribution boards.
(v) Extension cords.
(vi) Gongs.
(vii) Handsets, manual and dial.
(viii) Insulators.
(ix) Intercommunicating sets.
(x) Loading coils.
(xi) Operators' desks.
(xii) Poles and fixtures used wholly for
telephone and telegraph wires.
(xiii) Radio transmitting and receiving
sets.
(xiv) Remote control
equipment and lines.
(xv) Sending
keys.
(xvi) Storage
batteries.
(xvii)
Switchboards.
(xviii) Telautograph
circuit connections.
(xix)
Telegraph receiving sets.
(xx)
Telephone and telegraph circuits.
(xxi) Testing instruments.
(xxii) Towers.
(xxiii) Underground conduit used wholly for
telephone and telegraph wires and cable wires.
(8) 398 - Miscellaneous Equipment:
(a) This account shall include the cost of
equipment apparatus, etc., used in utility operations which is not includable
in any other account.
(b) Items:
(i) Hospital and infirmary
equipment.
(ii) Kitchen
equipment.
(iii) Recreation
equipment.
(iv) Radios.
(v) Restaurant equipment.
(vi) Soda fountains.
(vii) Operator's cottage
furnishings.
(viii) Electric signs
advertising the corporate name or symbol, plant or facility name, or otherwise
serving only the general purpose of acquainting the public with the facilities
and services of the utility. (The cost of operating such signs shall be charged
to account 930, Customer Information and Sales Expenses.)
(ix) Other miscellaneous equipment.
(c) Note: Miscellaneous equipment
of the nature indicated above wherever practicable shall be included in the
utility plant accounts on a functional basis.
(9) 399 - Other Tangible Property: This
account shall include the cost of tangible utility plant not provided for
elsewhere.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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