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 17.12.720.20 - OPERATING REVENUE ACCOUNTS
Universal Citation: 17 NM Admin Code 17.12.720.20
Current through Register Vol. 35, No. 18, September 24, 2024
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.
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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