reglab/statecodes huggingface dataset:
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 3 - Airport Districts › Section 1053.2 - Liability and Other Credit Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Current liabilities
Notes payable
Payroll liabilities
Accounts payable
Other accrued taxes
Matured and maturing long-term
								debt
Deposits
Other
Accrued interest
(b) Long-term liabilities
Bonds payable
Notes and contracts
								payable
(c) Deferred credits
Prepaid income
Other
(d) Grants-in-aid
FAA grants-in-aid
Write-down through
								depreciation
(e) Reserves
Reserves for restricted assets
Other
(f) Investment in fixed assets
Investment in property, plant and
						equipment
(g) Fund balances
General Fund balance
Other fund
								balances
1.
						Amendment of subsection (f) and new subsection (g) filed 9-16-70; effective
						thirtieth day thereafter (Register 70, No.
						38).
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 3 - Airport Districts › Section 1053.3 - Activity Centers

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Revenues and expenses shall be identified with the
						following activity centers:
Landing area
Administration
Terminal buildings and areas
General shop and equipment
Other buildings and areas
Non-operating
Non-aviation activities
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 3 - Airport Districts › Section 1053.4 - Revenue Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Landing fees
Other
Aircraft storage fees
Grants-in-aid
Fuel flowage fees
Federal
Concessions
State-Homeowners' property tax relief
Interest
Rents and leases
State-Business inventory property tax
								  relief
Sale of surplus property
Sales
Other
Revenue applicable to prior years
Taxes
Special district augmentation fund
1.
						Amendment filed 9-16-70; effective thirtieth day thereafter (Register 70, No.
						38).
2. Amendment filed 1-15-80 as an emergency; effective upon
						filing (Register 80, No. 3). A Certificate of Compliance must be filed within
						120 days or emergency language will be repealed on 5-15-80.
3.
						Certificate of Compliance filed 3-27-80 (Register 80, No.
						13).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 3 - Airport Districts › Section 1053.5 - Expense Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Salaries and wages
Office expense
Payroll burden
Operating supplies
Purchases for resale
Professional services
Advertising and promotion
Outside services
Bad debt expense
Rents and leases
Communications
Repairs and maintenance
Depreciation and amortization
Taxes and assessments
Dues and subscriptions
Travel
Education
Utilities
Elections
Expenses applicable to prior years
Insurance
Interest
Other
Judgments and damages
Allocated expenses
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.1 - Application

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The system of accounting herein described shall be used
						by all California special districts engaged in the operation of a harbor or
						port. If the principal activity of the district is some other activity, the
						operating accounts, only, are mandatory with respect to the harbor or port
						phase of its operations.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.2 - Accounting Method and Basis

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The enterprise approach having as its objective the
						determination of financial position and the results of operations by fiscal
						period, is prescribed. Accounts shall be kept by the double-entry method on the
						accrual basis, with the exception of assessments and ad valorem taxes, for
						which the accrual basis is optional.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.3 - Funds

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Funds provided for use of harbor and port districts are
						listed and defined in Section
						1062. Unless legally required to
						account for specific resources in separate funds, the district may include them
						within the General Fund.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.4 - Nominal Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Revenues are classified by revenue center and by source.
						Expenses are classified by expense center and by nature of
						expense.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.5 - Fixed Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Acquisitions of fixed assets are capitalized in
						accordance with enterprise accounting practice. Definitions and value and life
						tests for fixed asset recognition are those presented in "Accounting for
						General Fixed Assets."
1.
						Amendment filed 3-8-77; effective thirtieth day thereafter (Register 77, No.
						11).
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.6 - Disposition of Fixed Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
When fixed assets are sold or disposed of otherwise,
						their recorded value is removed from the property accounts and the valuation
						reserve is reduced by the accumulated allowances for depreciation and
						amortization for those assets.
Gain or loss, measured by the difference between:
Book value (Cost less accumulated
								  depreciation)
and
Proceeds from sale or salvage
Costs of removal or dismantling
Insurance proceeds
is credited or charged to current
						operations.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.7 - Cash Discounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Purchase discounts allowed for early payment may be
						treated as expense reductions or as revenue, at the option of the district.
						Trade discounts are always netted from the purchase price before
						recording.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.8 - Current and Long-Term Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Assets and liabilities have been grouped as current and
						long-term. A current asset is one normally convertible to cash, or a
						cash-equivalent benefit, within twelve months. Other assets are labelled
						long-term, or some special category of long-term, i.e., Deferred Charges, etc.
						Similarly, current liabilities are those which will become due and payable
						within twelve months.
Status of the asset at date of acquisition, or liability
						at time of incurrence, governs the account to which posted. However, except for
						matured bonds payable it is not intended that the accounts be subsequently
						adjusted for each transition from long-term to current. Balance sheets should
						reflect correct status at the statement date, but reclassification entries need
						not be posted to the accounts.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.9 - Interest During Construction Period

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Interest expense during the construction period on money
						borrowed to finance the construction shall be capitalized. When large projects
						are undertaken in stages, a completed component may be usable before the total
						project is finished. If so, the construction period ends for that unit when it
						is placed in service.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.10 - Account Adjustments

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Transactions which correct a previously recorded
						transaction of the current period are posted directly to the account affected.
						Recovery of costs from insurance or damage settlements shall be credited
						against the account charged with costs of repairing the damage. If desired,
						such costs and recoveries may be initially collected in clearing accounts, and
						the difference subsequently posted to the operating accounts.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.11 - Transactions Adjusting Prior Balances

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Transactions which adjust nominal account balances of
						prior fiscal period are posted to one of two current accounts, Revenues
						Applicable To Prior Years or Expenses Applicable To Prior
						Years.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.12 - Investments

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Investments are shown on the balance sheet at book
						value--maturity value, adjusted for any unamortized premium or
						discount.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1061.13 - Bond Premium, Discount and Expense

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Discount and expense on bonds issued may be charged
						against operations in the year of issue, or may be amortized over the life of
						the bonds. Bond premium is also subject to optional treatment.
Accrued interest received on the sale of bonds is
						credited to the interest expense account.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1062 - Standard Funds

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The following classes of funds are recognized for use in
						harbor and port districts:
(a)
					 General. A fund that is available for any authorized purpose and which is
					 therefore used to account for all revenues and all expenditures not provided
					 for in other funds.
(b) Debt
					 Service. A fund used to account for revenues appropriated for the periodic
					 payment of interest, and the principal of matured long-term debt.
(c) Sinking. A fund established by periodic
					 contributions and earnings thereon to provide for retirement of bond
					 principal.
(d) Construction. A fund
					 used to account for the proceeds from the sale of bond issues, governmental
					 grants or other long-term borrowings restricted for capital outlay.
(e) Capital Outlay. A fund used to account
					 for the accumulation of revenues restricted for capital outlay under the
					 organic law of the district or Section
					 53731,
					 Government Code.
(f) Special
					 Assessment. A fund used to account for assessments levied against certain
					 properties to defray the cost of improvements or services presumed to be of
					 special benefit to the property owners.
(g) Intragovernmental Service. A fund which
					 accounts for services furnished to the district and which is financed primarily
					 by charges for such services.
(h)
					 Trust and Agency. A fund used to account for money or other property received
					 by the district in the capacity of trustee or agent.
1.
						Amendment of subsection (g) filed 3-8-77; effective thirtieth day thereafter
						(Register 77, No. 11).
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.1 - Asset and Other Debit Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Current assets
Cash
Due from other funds
Cash with fiscal agents
Deposits
Notes receivable
Inventories
Accounts receivable
Investments
Allowance for uncollectible
								accounts
Unamortized discount--investments
*Taxes
								receivable
Unamortized premium--investments
* Allowance for
								uncollectible taxes
Interest receivable
Prepaid expenses
(b) Property, plant and equipment accounts
Land
Construction in progress
Other land rights
Allowance for
								depreciation and amortization
Structures and improvements
Equipment
(c) Restricted assets
Restricted assets
(d) Deferred charges
Unamortized bond discount and
								expense
Suspense accounts
Other deferred charges
__________
* Optional
						accounts.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.2 - Liability and Other Credit Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Current liabilities
Notes payable
Matured interest
Accounts payable
Accrued interest
								payable
Due other funds
Deposits
Matured and maturing long-term debt
Payroll
								liabilities
Other current liabilities
(b) Long-term liabilities
General obligation bonds
Other notes and
								loans payable
Revenue bonds
Other contractual
								obligations
Due State of California
(c) Deferred credits
Deferred income
Other deferred credits
Unamortized bond premium
(d) Reserves
Reserve for restricted assets
Other
								reserves
(e) Investment in fixed assets
Investment in property, plant and
						equipment
(f) Fund balances
General Fund balance
Other fund
								balances
1.
						Amendment of subsection (e) and new subsection (f) filed 9-16-70; effective
						thirtieth day thereafter (Register 70, No.
						38).
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.3 - Revenue Centers

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Districts operating a marine terminal shall segregate
						revenues between Marine and Non-Operating. Those operating a small craft harbor
						shall segregate revenues between Harbor and Non-Operating.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.4 - Revenue Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Revenue accounts to be used as needed within each revenue
						center
(a) Marine
Dockage
Service charges--bulkloader
Wharfage
Service charges--cargo
Storage, demurrage and space
								rental
Stevedoring
Other sales and services
Loading and unloading
(b) Harbor
Slip rentals
Rents and concessions
Launching charges
Other sales and
								services
Fuel sales
(c) Non-Operating
Interest
Other governmental agencies:
Gain on sale of capital assets
Federal
Revenue from other activities
State
Taxes and assessments
Homeowners' property
								tax relief
Special district augmentation fund
Business
								inventory property tax relief
Other
Other
1.
						Amendment of subsection (c) filed 9-16-70; effective thirtieth day hereafter
						(Register 70, No. 38).
2. Amendment of subsection (c) filed 1-15-80
						as an emergency; effective upon filing (Register 80, No. 3). A Certificate of
						Compliance must be filed within 120 days or emergency language will be repealed
						on 5-15-80.
3. Certificate of Compliance filed 3-27-80 (Register 80,
						No. 13).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.5 - Expense Centers

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Expenses shall be identified with the following expense
						centers:
Operating and Security
Maintenance
Administration and General
Depreciation
Non-Operating
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 4 - Harbor and Port Districts › Section 1063.6 - Expense Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Objects of expense to be used as needed within each
						expense center are:
(a) Operating and
					 security, maintenance and administration and general
Salaries and wages
Motive equipment
								expense
Payroll burden
Office expense
Cost of sales
Operating supplies
Advertising and promotion
Outside
								services
Auto mileage
Professional services
Bad debt expense
Rents and leases
Communications
Repairs and maintenance
Conferences and meetings
Small tools
Dues and subscriptions
Utilities
Elections
Allocated expenses
Insurance
(b) Depreciation
Depreciation and amortization
(c) Non-Operating
Interest
Expenses of other activities
Judgments and damages
Taxes and
								assessments
Loss on sale of capital assets
Other
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.1 - Application

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The system of accounting herein described shall be used
						by all public agencies engaged in the operation of a public transit system in
						the State of California, hereinafter referred to as operator. This includes a
						California City, a California County, a California Special District, and a
						public entity, agency, board, etc. as defined in Government Code Section
						12463.1.
The system is prescribed to comply with Government Code
						Section
						53891 and
						Public Utilities Code Section
						99243.
1.
						Repealer of Article 5 (Sections
						1071.1-1073.4, not consecutive) and
						new Article 5 (Sections
						1071.1-1073.7, not consecutive)
						filed 6-28-78; designated effective 7-1-78 per Section
						99243,
						Public Utilities Code (Register 78, No. 26). For history of former Article 5,
						see Registers 67, No. 49; 70, No. 38; and 77, No.
						11.
Note: Authority cited: Section
						  53891,
						  Government Code. Reference: Section
						  99243,
						  Public Utilities Code; Section
						  53891,
						  Government Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.2 - Accounting Method and Basis

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The enterprise approach, having as its objective the
						determination of financial position and the results of operations by fiscal
						period, is prescribed. Accounts shall be kept by the double-entry method on the
						accrual basis, with the exception of assessments and ad valorem taxes, for
						which the accrual basis is optional.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.3 - Funds

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
It is recommended that, unless the district is legally
						required to account for specific resources in separate funds, all accounting be
						done in one fund. In the event additional funds are required, they should be
						classified according to the standard list in Section
						1072.
While the fund is a separate fiscal and accounting
						entity, separate bank accounts should not be established unless legally
						required.
Operators providing charter or handicapped and elderly
						services should maintain records of operation for each of these services to
						facilitate determining operating ratios for state subvention
						purposes.
1.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.4 - Current and Long-Term Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Asset and liability accounts are grouped in current and
						long-term sections. A current asset is one normally convertible to cash, or a
						cash-equivalent benefit, within one year. Other assets are considered
						long-term. Similarly, current liabilities are those which will become due and
						payable within one year.
Status of the asset at the date of acquisition, or
						liability at time of incurrence, determines whether the item is posted to a
						current or long-term account. Changes in status due to the passage of time
						should be reflected on the balance sheet, but need not be posted to the
						accounts.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.5 - Governmental Grants

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Grants, subventions, and Provisions from the Local,
						State, or Federal Government for operating assistance, the acquisition of
						equipment, or other capital outlay should not be formally recognized in the
						accounts until the grant becomes a valid receivable as a result of complying
						with appropriate grant requirements. Usual steps attending such grants
						are:
(1) Application by
					 grantee.
(2) Acceptance and
					 approval by grantor.
(3)
					 Requisition for all or part of grant by grantee.
(4) Notice of approval of requisition by
					 grantor or receipt of check by grantee.
Upon completion of Step (3), the amount requisitioned
						should be charged to a Receivable and credited to the applicable account in the
						revenue section.
Memo records should be started for each grant not later
						than the date of the grant application. These records should be maintained on a
						current basis and reviewed before the books are closed at the end of the fiscal
						year to ascertain that all requisitions have been mailed and the receivable and
						revenue recorded.
When all transactions for the year ended have been
						recorded, the Capital Outlay revenues are closed into the corresponding grant
						equity accounts in the Capital group. Equipment acquired from this source is
						recorded in account Tangible Transit Operating Property Acquired by Grant or
						with Grant Funds, and is accounted for and depreciated in the same manner as
						other equipment.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.6 - Fixed Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Fixed assets shall be capitalized and their cost
						periodically charged against operations in the form of depreciation or
						amortization. The tests for distinguishing between capital costs and operating
						charges are found in the Controller's publication, Accounting for General Fixed
						Assets. At its option the operator may lower these standards, but may not raise
						them.
Depreciation on assets acquired with grant funds should
						be recorded in the appropriate depreciation expense account. Net income will
						reflect such depreciation. However, the account will be transferred to the
						related capital contribution account reflecting the proper equity within the
						contribution account.
1.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.7 - Interest During Construction

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Interest during the construction period on money borrowed
						to finance the construction shall be capitalized. However, should circumstances
						in an individual case justify a different recognition, this departure must be
						footnoted on the balance sheet. No recognition shall be given to imputed
						interest.
Income from use of the facility during its construction
						period is accounted as a decrease in the cost of
						construction.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.8 - Retirement of Fixed Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Accounting for fixed assets sold or otherwise retired
						will depend upon the method of depreciation employed. For assets with
						individual cost and depreciation records, cost or recorded value is removed
						from the property accounts and the accumulated allowance for depreciation or
						amortization from the valuation reserve. Gain or loss, measured by the
						difference between:
Book value (Cost less accumulated
								  depreciation)
and
Proceeds from sale or salvage
Removal or dismantling costs
Insurance proceeds
is posted to depreciation accounts as
						applicable.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.9 - Nominal Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Revenue and expense accounts are not segregated between
						operating and non-operating. Revenues are classified by source. Expenses are
						classified primarily by system mode and secondarily by function and thirdly by
						object of expenditure. These accounts are listed in Sections
						1073.1,
						1073.2,
						1073.3,
						1073.4,
						1073.7 and
						1073.8. Budgetary accounts are
						provided but such accounting is not recommended unless legally
						required.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.10 - Subaccounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Basic accounts listed in Sections
						1073.1-1073.4 represent minimum
						accounting and reporting classifications. Within these classifications
						districts may account in as much detail as desired through subaccounts. Each
						subaccount must be keyed to a prescribed account, either by title or code
						number.
This system is fully compatible with the Section
						15 reporting requirements of the
						Urban Mass Transportation Agency and may be expanded to any level of that
						system.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.11 - Account Numbers

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
In the Controller's accounting manual, code numbers are
						shown for each account and fund primarily for reference purposes. While the
						numbers are considered appropriate and may be used, each operator is free to
						devise a coding system suitable to its individual needs. Account titles,
						however, are required.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1071.12 - Purchased or Contracted Service

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Transit service claimants contracting for transportation
						service and receiving Transportation Development Act Funds to pay for such
						service, shall include in "operating costs" and "fare revenues" the amount of
						fare revenues that are received by the entity providing the service and not
						transferred to the claimant. This will ensure the claimant has included all
						costs and revenues when determining operating ratios for state subvention
						purposes.
1. New
						section filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code; Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1072 - Standard Funds

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
By definition the General Fund is created to account for
						all transactions of the operator, and, except as noted below, should be so
						used. It is defined as: A fund that is available for any authorized purpose and
						which is therefore used to account for all revenues and all expenditures not
						provided for in other funds.
If bond indentures, State law, governmental grant
						requirements, contractual agreements or action of the governing body require
						separate funds for restricted resources, the following classes of funds are
						recognized:
(a) Special Revenue. A
					 fund used to finance particular activities from the receipts of specific taxes
					 or other revenues.
(b) Debt
					 Service. A fund used to account for revenues appropriated for the periodic
					 payment of interest, and the principal of matured long-term debt.
(c) Sinking. A fund established by periodic
					 contributions and earnings thereon to provide for retirement of bond
					 principal.
(d) Capital Projects. A
					 fund used to account for the proceeds from the sale of bond issues or other
					 long-term borrowings restricted for capital outlay.
(e) Accumulative Capital Outlay. A fund used
					 to account for the accumulation of revenues restricted for capital outlay under
					 Section
					 53731,
					 Government Code.
(f) Special
					 Assessment. A fund used to account for assessments levied against certain
					 properties to defray the cost of improvements or services presumed to be of
					 special benefit to the property owners.
(g) Internal Service. A fund which accounts
					 for services furnished by the operator and which is financed primarily by
					 charges for such services.
(h)
					 Trust and Agency. A fund used to account for money or other property received
					 by the operator in the capacity of trustee or agent.
1.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.1 - Assets

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Current Assets
Cash and cash items
Receivables
Materials and supplies inventory
Other current assets
(b) Tangible and Intangible Assets
Work in Process
Tangible Transit Operating Property
Tangible Transit Operating Property Acquired with
						Operator Funds
Tangible Transit Operating Property Acquired by Federal,
						State, or Transportation Development Act Funds
Accumulated Depreciation
Accumulated Depreciation of Tangible Transit Operating
						Property
Acquired With Operator Funds
Accumulated Depreciation of Tangible Transit Operating
						Property
Acquired by Federal, State, or Transportation Development
						Act Funds
Tangible Property Other Than for Transit
						Operations
Accumulated Depreciation of Tangible Property Other Than
						for Transit Operations
Intangible Assets
Accumulated Amortization
(c) Investments and Other Long-Term Assets
Investments
Special funds
Other assets
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.2 - Liabilities and Capital

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
					 Current Liabilities
Trade Payables
Accrued Payroll Liabilities
Accrued Tax Liabilities
Short-Term Debt
Other Current Liabilities
(b) Long-Term Liabilities
Advances Payable
Long-Term Debt
(c) Estimated Liabilities and Deferred
					 Credits
Estimated Liabilities
Deferred Credits
(d) Public Equity
Public (Governmental) Entity Ownership
(e) Grant Equity
Grants, Donations and Other Paid-In Capital Federal
						Capital Grants
UMTA Section
						3 Grants
UMTA Section
						5 Grants
Federal Aid Urban Grants
Federal Interstate Grants
Other Federal Grants
Revenue Sharing
Depreciation Expense Accumulated
State Capital Grants and Subventions
Article XIX Guideway Funds
General Fund Provisions
State Transit Assistance Fund
Transportation Planning and Development (TP&D)
						Guideway Fund (P.U.C. 99316)
Other State Provisions
Depreciation Expense Accumulated
Local Capital Grants and Provisions
Sales Taxes
Motor Vehicle Fuel Tax
Property Taxes
Transportation Development Act ¼ cents
						Sales
General Fund
Other Local Provisions
Local Article XIX Guideway Funds
Depreciation Expense Accumulated
Non-Governmental Donations and Other Paid-In
						Capital
Depreciation Expense Accumulated
(f) Earnings or Losses
Accumulated Earnings (Losses)
Accumulated Earnings--Unrestricted
Accumulated Earnings--Restricted
1.
						Amendment of subsection (e) filed 8-12-80; effective thirtieth day thereafter
						(Register 80, No. 33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.3 - Revenue Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
					 Operating
Passenger Fares For Transit Service
Special Transit Fares
School Bus Service Revenues
Freight Tariffs
Charter Service Revenues
Auxiliary Transportation Revenues
Nontransportation Revenues
Taxes Levied Directly by Transit System
Property Tax Revenue
Sales Tax Revenue
Special District Augmentation Fund
Local Cash Grants and Reimbursements
General Operating Assistance
Transportation Development Act ¼ cents Sales
						Tax
Motor Vehicle Fuel Tax
Local Article XIX Guideway Funds
Local Special Fare Assistance
State Cash Grants and Reimbursements
Homeowner's, Property Tax Relief
Business Inventory Property Tax Relief
Article XIX Guideway Funds
State Transit Assistance Fund
Transportation Planning and Development (TP&D)
						Guideway Fund (P.U.C. 99316)
Other State Provisions and Grants
State Special Fare Assistance
Federal Cash Grants and Reimbursements
General Operating Assistance--UMTA Sec.
						5
Special Demonstration Project Assistance
Other Financial Assistance
Revenue Sharing Pass Through (Federal from local
						sources)
Comprehensive Employment Training Act (CETA)
Contributed Services
State and Local Government
Contra Account for Expense
Subsidy From Other Sectors of Operations
(b) Capital Grants, Subventions, and
					 Provisions
Federal Capital Grants
UMTA Section
						3 Grants
UMTA Section
						5 Grants
Federal Aid Urban Grants
Federal Interstate Grants
Other Federal Grants
Revenue Sharing (Federal from local sources)
State Capital Grants and Subventions
Article XIX Guideway Funds
General Fund Provisions
State Transit Assistance Fund
Transportation Planning and Development (TP&D)
						Guideway Funds (P.U.C. 99316)
Other State Provisions and Grants
Local Capital Provisions
Sales Taxes
Motor Vehicle Fuel Tax
Property Taxes
Transportation Development Act ¼ cents Sales
						Tax
General Fund
Other Local Provisions
Local Article XIX Guideway Funds
Non-Governmental Donations
1.
						Amendment of subsection (a) filed 1-15-80 as an emergency; effective upon
						filing (Register 80, No. 3). A Certificate of Compliance must be filed within
						120 days or emergency language will be repealed on 5-15-80.
2.
						Certificate of Compliance filed 3-27-80 (Register 80, No. 13).
3.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.4 - Expense Accounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
					 Operating Functions
Operations
Vehicle Maintenance
Non-Vehicle Maintenance
General Administration
(b)
											**Expense Objects
Labor
Operators Salaries and Wages
Other Salaries and Wages
Fringe Benefits
Services
Materials and Supplies Consumed
Fuels and Lubricants
Tires and Tubes
Other Materials and Supplies
Utilities
Casualty and Liability Costs
Taxes
Purchased Transportation Service
Miscellaneous Expenses
Expense Transfers
Interest Expense
Leases and Rentals
Depreciation and Amortization
Depreciation and Amortization--Property
Acquired With District (Operator) Funds
Depreciation and Amortization--Property
Acquired With Grant Funds
__________
** To be used as needed within
						each expense operating function.
1.
						Amendment of subsection (a) filed 8-12-80; effective thirtieth day thereafter
						(Register 80, No. 33).
Note: Authority and reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.5 - Prior Year Adjustments

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Revenues and expenses applicable to prior years will be
						recorded in the proper account for the current year.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.6 - Service Modes

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Transit systems are initially classified according to the
						mode or modes of transit service provided. Data collection and reporting,
						transit property, expense and nonfinancial operating information is segregated
						by mode. The modes recognized in the systems described herein are defined
						below. A multi-mode transit system is one operating two or more of these
						modes:
(a) Rail Rapid Transit:
					 High-speed, passenger rail cars operating singly or in trains of two or more
					 cars on fixed rails in separate rights-of-way from which all other vehicular
					 and foot traffic is excluded. The tracks may be located in underground tunnels,
					 on elevated structures, in open cut or at surface level. There are very few, if
					 any, crossings of streets and roads at track level, and rail traffic has the
					 right-of-way at such intersections. The cars are driven electrically with the
					 power being drawn from an overhead electric line or from an electrified third
					 rail.
(b) Light Rail--Streetcar:
					 Passenger rail cars operating singly (or in short, usually two-car, trains) on
					 fixed rails in right-of-way that is not separated from other traffic for much
					 of the way. Streetcars do not necessarily have the right-of-way at-grade
					 crossings with other traffic. Streetcars are driven electrically with the power
					 being drawn from an overhead electric line via a trolley or a
					 pantograph.
(c) Trolleybus:
					 Rubber-tired passenger vehicles operating singly on city streets. These buses
					 are driven electrically with the power being drawn from an overhead electric
					 line via trolleys.
(d) Motor Bus:
					 Rubber-tired passenger vehicles operating singly on city streets. These buses
					 are powered by fuel contained within the bus; they are, therefore, not
					 restricted to operating on a fixed route.
(e) Demand Response: Rubber-tired passenger
					 vehicles operated on city streets, propelled by gas, gasoline or diesel engines
					 equipped to provide personal demand transit service, normally upon dispatch,
					 and used exclusively for this service.
(f) Ferryboat: A vessel for carrying
					 passengers and/or vehicles over a body of water. The vessels are generally
					 steam or diesel-powered conventional ferry vessels. They may also be
					 hovercraft, hydrofoil and other high-speed vessels.
(g) Other: Other modes of transit service
					 such as cable cars, personal rapid transit systems of varying designs,
					 monorails, incline railways, etc., not covered in the above
					 categories.
1.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 5 - Transit Districts › Section 1073.7 - Expense Functions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The expense functions shown are required for each
						operating mode:
(a) Operations: This
					 function pertains to all activities relating to carrying of passengers
					 including dispatching of buses or trains; passenger census for scheduling
					 purposes, supervision of drivers, scheduling of drivers and vehicles and the
					 direct supervision of operations activities.
(b) Vehicle Maintenance: This function
					 pertains to the maintenance and repair of vehicles, including revenue, service
					 and maintenance administration vehicles.
(c) Non-Vehicle Maintenance: This function
					 pertains to the maintenance and repairs of equipment, buildings and facilities
					 related to the transit system including tracks, tunnels, bridges, subways,
					 maintenance and administrative buildings, etc.
1.
						Amendment filed 8-12-80; effective thirtieth day thereafter (Register 80, No.
						33).
Note: Authority cited and Reference: Section
						  53891,
						  Government Code and Section
						  99243,
						  Public Utilities Code.
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 6 - Hospital Districts › Section 1081 - Prescribed Accounting System

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
All California special districts engaged in the operation
						of a hospital shall use the accounting system prescribed by the California
						Health Facilities Commission.
1.
						Amendment filed 3-8-77; effective thirtieth day thereafter (Register 77, No.
						11).
California Code of Regulations › Title 2 - Administration › Division 2 - Financial Operations › Chapter 2 - State Controller › Subchapter 3 - Accounting Procedures for Special Districts › Article 7 - Electric Utility Districts › Section 1091.1 - Application

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The system of accounting herein described shall be used
						by all California special districts engaged in the production, sale or
						distribution of electric power, except such districts which have been exempted
						from the requirements pursuant to Section
						53891 of
						the Government Code.
1. New
						Article 7 (§§
												1091.1-1091.13,
						1092,
						1093.1-1093.4) filed 9-23-68;
						designated effective 7-1-69 (Register 68, No.
						36).
Note: Authority cited for Article 7, Section
						  53891,
						  Government Code.