reglab/statecodes huggingface dataset:
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 51.00 - Uniform System Of Accounts For Electric Companies › Section 51.03 - Specific Changes to the FERC System

Current through Register 1525, July 5, 2024
220 CMR 51.03 presents the specific modifications to the FERC
		  Uniform System of Accounts in the order in which they appear in the
		  text.
(1)
Changes to the
		Definition Section
(a) Replace
		the FERC definition of "Commission" (No. 7) with the following:
"Commission" refers to the Department of Public Utilities
		  except in the following instances:
1.
		"Commission" shall refer to FERC when referenced in the following definitions:
		14. Licensee; 19. Non project property; 24. Project property.
2. "Commission'' shall refer to FERC in
		number 16 of the General Instructions section (Separate Accounts or Records for
		Each Licensed Project) and in number 215.1 of the Balance Sheet Accounts
		section (Appropriated Retained Earnings - Amortization Reserve,
		Federal).
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Investments › Section 52.101-52.113 - Plant Investment

Current through Register 1525, July 5, 2024
This account shall include the ledger balances
				representing the accounting company's investment in plant devoted to water
				operations.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Investments › Section 52.114-52.119 - General Equipment

Current through Register 1525, July 5, 2024
This account shall include the ledger balances
				representing the accounting company's investment in general equipment devoted
				to water operations.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Investments › Section 52.201 - Unfinished Construction

Current through Register 1525, July 5, 2024
This account shall include the ledger balances
				representing the amounts expended for plant and equipment in process of
				construction under authorization of work orders but not yet ready for
				service.
Expenditures charged to this account shall be
				distributed in accordance with the classification provided for permanent
				entries in the plant accounts, and each of said accounts containing charges for
				jobs in progress shall be further subdivided so as to show separately for each
				job or project the amount carried therein pertaining to such job. When the work
				is completed on any job, the cost of which has been charged to any of the
				primary accounts under this head, this account shall be credited with the
				amount so charged in respect of such job and, concurrently a like amount (or
				such portion thereof as is chargeable to plant investment account) shall be
				charged to the corresponding permanent account. In making such transfer to the
				permanent classification it is required that the identity of the expenditure
				with the property be fully preserved so that the records will show the total
				cost of each job or project.
If any project is abandoned, credit this account
				  with the amount expended thereon and charge same to account No. 417, "Other
				  Deductions from Surplus."
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Investments › Section 52.202 - Miscellaneous Physical Property

Current through Register 1525, July 5, 2024
This account shall include the ledger balances
				representing the accounting company's investment of a permanent nature in
				property other than that devoted to the operation of the company's plant as a
				water company.
This includes such items as investments in lands,
				buildings, or other properties which are not a part of the company's water
				plant or facilities incident thereto; also property acquired and held in
				anticipation of future use, and property abandoned for operating purposes but
				still held.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Investments › Section 52.203 - Other Investments

Current through Register 1525, July 5, 2024
This account shall include the ledger value of the
				accounting company's investment advances to other companies and to individuals,
				and of its investment in securities issued or assumed by such companies when
				such securities are not held in special deposits or in special funds; also
				miscellaneous investments not provided for elsewhere.
This account shall be subdivided as follows:
(a) Stocks.
(b) Bonds.
(c) Notes.
(d) Advances.
(e) Miscellaneous.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.204 - Cash

Current through Register 1525, July 5, 2024
This account shall include current funds in the hands
				of financial officers and agents, and deposits in banks or with trust companies
				available for use on demand.
Funds deposited for the purpose of paying declared
				  dividends or bond interest coupons shall be included in account No. 205,
				  "Special Deposits."
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.205 - Special Deposits

Current through Register 1525, July 5, 2024
This account shall include the moneys in the hands of
				fiscal agents which have been deposited for specific purposes. This will
				include amounts deposited on account of declared dividends or matured interest
				on bonds, and other deposits of a special nature not provided for
				elsewhere.
This account shall also include amounts realized from
				the sale of mortgaged property which are held by trustees until such property
				is replaced.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.206 - Notes Receivable

Current through Register 1525, July 5, 2024
This account shall include the book value of all
				collectible obligations in the form of loans and notes receivable, or other
				similar evidences of money receivable.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.207 - Accounts Receivable

Current through Register 1525, July 5, 2024
This account shall include all amounts owing to the
				accounting company by consumers, and also any accounts or claims upon which
				responsibility is acknowledged or which are sufficiently secured to be
				considered good, and all judgments against solvent concerns where the judgments
				are not appealable or suspended through appeal. Negotiable instruments will not
				be included in this account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.208 - Interest and Dividends Receivable

Current through Register 1525, July 5, 2024
This account shall include the amount of interest
				accrued to the date of the balance sheet on funded and unfunded securities
				owned, loans, open accounts, mortgages and deposits; dividends declared on
				stock owned, and dividends accrued on stocks when contracts require that the
				dividends be paid at stated times.
Appropriate sub-accounts may be raised to show the
				amount of various classes of income receivable.
Note A
. - No amount
				  representing interest or dividends receivable shall be included in this account
				  unless its payment is reasonably assured by past experience, by contract, or
				  otherwise.
Note B
. - No dividends or
				  other returns on securities issued or assumed by the accounting company shall
				  be included in this account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.209 - Materials and Supplies

Current through Register 1525, July 5, 2024
This account shall include the cost of materials and
				supplies purchased regardless of whether the same are intended to be consumed
				in construction or in operation, or later to be sold, including such charges
				for freight and express as can readily be allocated. Delayed charges, or
				charges of a trivial nature, covering the cost of transportation on small
				items, may be included in operating expense account, No. 610-7, "Transportation
				Expenses." Cash discounts resulting from the prompt payment of invoices shall
				be credited to the accounts affected, either direct or through the invoices
				charged to materials and supplies. This account shall also include the cost of
				all water appliances which are held for sale or to be loaned or leased.
Tools purchased in advance of the immediate
				requirements of the company shall, unless charged directly to operating expense
				or construction accounts, be charged to this account. Inventories of materials
				and supplies should be taken periodically, and any shortages or overages
				disclosed by such inventories shall be credited or debited to this account, and
				debited or credited to account No. 610-8, "Inventory Adjustments," in case they
				cannot be assigned to specific accounts.
When any tangible property is dismantled it shall be
				treated as retired; the original cost of such property shall be credited to the
				plant investment account in which it is carried, and the salvage value, based
				upon fair prices for the particular kinds and grades of material, shall be
				charged to this account.
Material and supplies taken from stock in excess of the
				amount actually required, shall, when returned to stock, be charged to
				Materials and Supplies at the same price at which the account was originally
				credited, or at the average price of such material if the cost of materials and
				supplies is kept on an average basis.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Current Assets › Section 52.210 - Other Current Assets

Current through Register 1525, July 5, 2024
This account shall include all current assets of the
				company which are not included under any of the foregoing
				accounts.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Reserve Funds › Section 52.211 - Sinking Funds

Current through Register 1525, July 5, 2024
This account shall include the amount of cash, the cost
				or book value of live securities of other companies, and other assets which are
				held by trustees of sinking and other funds for the purpose of redeeming
				outstanding obligations; also the par value of live securities issued or
				assumed by the accounting company and held in such funds.
This account shall also include all income derived from
				such investments, the amount of which shall concurrently be credited to account
				No. 321, "Sinking Fund Reserves." A separate account shall be kept for each
				fund.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Reserve Funds › Section 52.212 - Insurance and Other Funds

Current through Register 1525, July 5, 2024
This account shall include the amount of cash and the
				cost or ledger value of securities of other companies, and other assets in
				depreciation, insurance, employees' pensions, savings, relief, hospital and
				other funds which have been raised and specifically set aside or invested for
				specific purposes not provided for elsewhere; also the par value of securities
				issued or assumed by the accounting company and held in such funds. A separate
				account shall be provided for each fund.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Prepaid Accounts › Section 52.213 - Prepaid Insurance

Current through Register 1525, July 5, 2024
When premiums on insurance policies are paid in advance
				of their accrual, the amount prepaid (whether paid in cash or by the issue of
				notes or other negotiable paper) shall be charged to this account. As such
				premiums accrue they shall be credited at regular accounting intervals to this
				account and charged to the appropriate expense account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Prepaid Accounts › Section 52.214 - Prepaid Interest

Current through Register 1525, July 5, 2024
When interest is paid in advance, or when the amount of
				the interest is deducted from the face of the note, the amount thus prepaid
				shall be charged to this account. As such interest accrues it shall be credited
				at regular accounting intervals to this account and charged to the appropriate
				interest account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Prepaid Accounts › Section 52.215 - Other Prepayments

Current through Register 1525, July 5, 2024
When prepayments are made for any purpose other than
				insurance, and interest, above provided for, such prepayments shall be charged
				to this account; and as the purpose of the prepayment is satisfied,
				proportionate amounts shall be credited at regular accounting intervals to this
				account and charged to the appropriate expense or income
				account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Unadjusted Debits › Section 52.216 - Unamortized Debt Discount and Expense

Current through Register 1525, July 5, 2024
When bonds, securities and other evidences of
				indebtedness are disposed of for a consideration whose cash value is less than
				the sum of the par value of the securities or other evidences of indebtedness
				and the interest thereon accrued at the time the transfer takes place, the
				excess of such sum of the par value and accrued interest over the cash value of
				the consideration shall be charged to this account. To this account shall also
				be charged all expense connected with the issue and sale of evidences of debt,
				such as fees for drafting mortgages and trust deeds, fees and taxes for
				recording mortgages and trust deeds, cost of engraving and printing bonds and
				certificates of indebtedness, fees paid trustees provided for in mortgages and
				trust deeds, fees and commissions paid under-writers and brokers for marketing
				such evidences of debt, and other like expense. At or before the close of each
				fiscal period thereafter a proportion of such discount and expense based upon
				the life of the security to maturity shall be credited to this account and
				charged to account No. 578, "Amortization of Discount." Such discount and
				expense may, if desired, be amortized more rapidly through charges of all or
				any part of it, either at the time of issue or later, to account No. 416,
				"Discount on Bonds Extinguished through Surplus."
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Unadjusted Debits › Section 52.217 - Property Abandoned

Current through Register 1525, July 5, 2024
This account is intended as a suspense account in which
				may be carried property abandoned directly in connection with improvements, the
				amount of which is too large to be included in the utility's accounts for a
				single year. It is to be used only after permission has been granted by the
				Department. The utility, in its application to the Department, shall give the
				full particulars concerning the property retired, the amount to be amortized,
				and the period over which, in its judgment, the amount of such charge should be
				distributed.
For each item remaining at the close of the year in
				this account the utility shall indicate in its annual report to the Department,
				with respect to each item of property abandoned, the period over which the
				balance relating to the item will be distributed, the date of the abandonment
				of the property and the total amount originally charged to operating expenses
				or depreciation reserve, and the amount charged during the
				year.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › ASSET ACCOUNTS › Unadjusted Debits › Section 52.218 - Other Unadjusted Debits

Current through Register 1525, July 5, 2024
This account shall include all debits not elsewhere
				provided for and the proper final disposition of which is uncertain. This will
				include all such matters as expense of preliminary surveys, plans,
				investigations, etc., made for determining the feasibility of projects under
				contemplation. Should any such project later be carried to completion, such
				amount shall be credited to this account and charged to the proper plant
				investment account; should it be abandoned such amount shall be charged to
				account No. 417, "Other Deductions from Surplus."
When the proper disposition of any matter charged to
				this account is determined it shall be credited to this account and charged to
				the appropriate account.
No items of expense which would in any way affect the
				income of the company for any year shall be charged to this account without
				first obtaining the permission of the Department.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Capital Stock › Section 52.301 - Common Stock

Current through Register 1525, July 5, 2024
Shares which have no preference in the distribution of
				dividends.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Capital Stock › Section 52.302 - Preferred Stock

Current through Register 1525, July 5, 2024
Shares having preference in the distribution of
				dividends.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Capital Stock › Section 52.303 - Employees' Stock

Current through Register 1525, July 5, 2024
Shares issued under the provision of M.G.L. c. 158,
				§26.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Premium on Capital Stock › Section 52.304 - Premium on Capital Stock

Current through Register 1525, July 5, 2024
When any company reacquires by purchase or otherwise,
				any of its capital stock that has been sold ata premium, the amount of the
				premium upon the shares so reacquired shall be debited to this account and
				concurrently credited to Profit and Loss account No. 418, "Appropriations of
				Surplus for Construction".
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Bonds and Coupon Notes › Section 52.305 - Bonds

Current through Register 1525, July 5, 2024
This accounts hall include the to talpar value of
				unmatured bonds issued by the accounting company and not retired or canceled;
				also the total par value of unmatured bonds of other companies, the payment of
				which has been assumed by the accounting company.
Subaccounts should be kept for each class of bonds
				  issued. No two issues of bonds shall be considered as of the same class unless
				  agreeing in (1) mortgage or other lien or security therefor; (2) rate of
				  interest; (3) interest dates; and (4) date of maturity, except that any parts
				  of a bond issue agreeing in the first three characteristics but maturing
				  serially may be treated as of the same
				  class.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Bonds and Coupon Notes › Section 52.306 - Coupon Notes

Current through Register 1525, July 5, 2024
This account shall include all notes payable having
				interest coupons attached, whether issued by accounting company or
				assumed.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.307 - Notes Payable

Current through Register 1525, July 5, 2024
This account shall include all promissory notes
				payable, other than coupon notes, whether issued by accounting company or
				assumed.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.308 - Accounts Payable

Current through Register 1525, July 5, 2024
This account shall include the amount of audited
				vouchers or accounts and audited payrolls unpaid on the date of the balance
				sheet; also balances representing unclaimed wages and outstanding pay, and time
				or discharge checks issued in payment of wages, and all other unpaid vouchered
				items.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.309 - Consumers' Deposits

Current through Register 1525, July 5, 2024
Credit to this account, as such deposits are made, all
				cash deposited with the company as security for the payment of bills. Deposits
				refunded should be charged to this account and credited to cash. Deposits
				applicable to uncollectible or worthless bills should, at the close of the
				fiscal year (or earlier, at the option of the accounting company), be credited
				to the account of the consumer involved and debited to this
				account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.310 - Matured Interest Unpaid

Current through Register 1525, July 5, 2024
This account shall include the amount of interest due
				and unpaid on loans, funded debt or other obligations of the accounting
				company, whether such interest remains unpaid because it has not been called
				for, or for other reasons.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.311 - Dividends Declared

Current through Register 1525, July 5, 2024
When any dividend is declared it should be credited to
				this account and here remain until it is paid, when it should be charged to
				this account and credited to cash, or other suitable account.
Dividends should not appear as a liability of the
				company unless they have actually been declared by vote of the Board of
				Directors.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Current Liabilities › Section 52.312 - Other Current Liabilities

Current through Register 1525, July 5, 2024
This account shall include items of current liabilities
				not provided for elsewhere.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Accrued Liabilities › Section 52.313 - Tax Liability

Current through Register 1525, July 5, 2024
This account shall be credited at the close of each
				accounting period with the amount of taxes accrued during the period, and a
				corresponding charge shall be made to the appropriate Taxes account. Credits to
				the account Tax Liability will necessarily be based upon estimate until the
				amount of tax levied for the tax period is known; such estimates shall be based
				upon the best data available, and as soon as the amount of tax for the period
				is known, the amount involved shall be adjusted to conform. When any tax is
				paid it shall be charged to this account. If the taxes paid are in excess of
				the taxes accrued the amount of the excess shall be shown in
				red.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Accrued Liabilities › Section 52.314 - Interest Accrued

Current through Register 1525, July 5, 2024
This account shall include all interest accrued, but
				not due, upon the funded and unfunded indebtedness of the company. Separate
				subaccounts shall be maintained for each item of indebtedness.
When interest matures without being paid it shall be
				charged to this account and credited to account No. 310, "Matured Interest
				Unpaid."
Payments to trustees (or other agents) of the holders
				of bonds or other securities, of the interest accrued thereon, which operate
				under the terms of the securities (or of mortgages supporting such securities)
				as a release of the paying company from further liability for such interest,
				shall be considered equivalent to payments of interest, made direct to
				bondholders, and such interest shall not be credited to Matured Interest
				Unpaid.
The interest accrued upon any judgment against the
				accounting company shall not be credited to this account, but to the account to
				which such judgment stands credited.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Accrued Liabilities › Section 52.315 - Other Accrued Liabilities

Current through Register 1525, July 5, 2024
This account shall include all other liabilities
				accrued to the date of the balance sheet, but not due until after that date,
				which are not provided for in the foregoing accounts.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Unadjusted Credits › Section 52.316 - Premium on Bonds

Current through Register 1525, July 5, 2024
When bonds or other evidences of indebtedness are
				disposed of for a consideration whose cash value is greater than the sum of the
				par value of such securities or other evidences of indebtedness and the
				interest thereon accrued at the time the transfer takes place, the excess of
				the cash value of such consideration received over the sum of the par value of
				the securities or other evidences of indebtedness and the accrued interest
				should be credited to this account. At appropriate intervals thereafter a
				proportion of such premium, based upon the life of the security, may be charged
				to this account and credited to account No. 565, "Amortization of Premium on
				Bonds."
Utility companies have the option of deferring the
				extinguishment of such premiums until the maturity of the obligation
				represented.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Unadjusted Credits › Section 52.317 - Other Unadjusted Credits

Current through Register 1525, July 5, 2024
This account shall include the amount of credit
				balances in suspense accounts that cannot be entirely cleared and disposed of
				until additional information is received.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Reserves › Section 52.318 - Insurance and Casualty Reserve

Current through Register 1525, July 5, 2024
This account shall include the net credit balances in
				the accounts to which are credited any specific appropriations of surplus and
				such amounts as are concurrently charged to operating expense account No.
				610-4, "Insurance," to cover self-carried risks on fire, fidelity, boiler,
				casualty, burglar, and other self-carried insurance. To this account should be
				charged the proper proportions of losses realized on items protected by such
				self-carried insurance.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Reserves › Section 52.319 - Depreciation Reserve

Current through Register 1525, July 5, 2024
To this account shall be credited the amounts charged
				to operating expense or other accounts for the retirement of property no longer
				used or useful in the conduct of the company's business, and for losses in
				value due to wear and tear not covered by current repairs.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Reserves › Section 52.320 - Other Reserves

Current through Register 1525, July 5, 2024
This account shall include the net credit balances in
				the accounts representing reserves set aside for specific purposes, not
				elsewhere provided for.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Appropriated Surplus › Section 52.321 - Sinking Fund Reserves

Current through Register 1525, July 5, 2024
This account shall include the unexpended balances in
				accounts to which are credited definite appropriations of surplus, whether held
				in general funds or specifically set aside in the hands of trustees for sinking
				and redemption funds. It shall also include income accretions to such funds
				retained therein.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Appropriated Surplus › Section 52.322 - Miscellaneous Fund Reserves

Current through Register 1525, July 5, 2024
This account shall include the net balances in accounts
				to which are credited definite appropriations of surplus, whether held in
				general funds or specifically set aside in the hands of trustees and not
				provided for elsewhere. It shall also include income accretions to such funds
				retained therein.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Appropriated Surplus › Section 52.324 - Surplus Invested in Plant

Current through Register 1525, July 5, 2024
This account shall include such appropriations of
				surplus as are definitely set aside for construction and for additions to and
				betterments of the company's plant and property, the cost of which is carried
				in the plant investment and equipment accounts or for the acquisition of
				property the cost of which is includible in balance sheet account No. 202,
				"Miscellaneous Physical Property".
This account shall also include any premiums received
				from the sale of capital stock when any of such stock is retired or reacquired
				by the company.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › LIABILITY ACCOUNTS › Profit and Loss › Section 52.400 - Profit and Loss - Balance

Current through Register 1525, July 5, 2024
This account shall include the balance at the close of
				the fiscal period as shown in the Profit and Loss account.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF BALANCE SHEET ACCOUNTS BALANCE SHEET STATEMENT › PLANT INVESTMENT ACCOUNTS

Current through Register 1525, July 5, 2024
The plant investment accounts shall be reclassified in
			 accordance with the accounts as prescribed by this classification of
			 accounts.
In case the books do not reflect the present book value of
			 the various items of property prescribed by the classification of accounts, an
			 estimate of the value should be made.
It is intended that the books shall show the original cost
			 of all additions made to the property since the adoption of the classification
			 of accounts and shall be carried at such value until such property is
			 abandoned, sold, reconstructed or converted.
In case any property is abandoned, sold, reconstructed or
			 converted, the original cost or book value of the property, less the salvage,
			 shall be charged to "Depreciation Reserve" provided the reserve is sufficient
			 to cover the value of the plant retired. If the balance in the reserve account
			 is not sufficient to cover the cost of the plant retired, the amount not
			 covered may be charged to Profit and Loss.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Intangible Property › Section 52.101 - Organization

Current through Register 1525, July 5, 2024
This account shall include all fees paid to governments
			   for the privilege of incorporation, and all office and other expenditures
			   incident to organizing the company and putting it in readiness to do business.
			   This covers the cost of preparing and distributing prospectuses; cost of
			   soliciting subscriptions for stock (but not for loans or for purchase of bonds
			   or other evidences of indebtedness); cash fees paid to promoters and the actual
			   cash value at the time of organization of securities paid to promoters for
			   their services in organizing the enterprise; counsel fees; cost of preparing
			   and issuing certificates of stock and cost of procuring certificates of
			   necessity from State authorities, and other like costs. This account shall not
			   include any discount on securities issued, or any costs incident to negotiating
			   loans or selling bonds or other evidences of indebtedness. Any amount charged
			   to this account should be amortized within a reasonable
			   period.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Intangible Property › Section 52.102 - Miscellaneous Intangible Investment

Current through Register 1525, July 5, 2024
This account shall include the cost (if the expenditure
			   is approved by the Department) of any intangible property purchased by the
			   accounting company which cannot be specifically assigned to some other account
			   in this classification.
When any company reclassifies the book accounts
				representing its investment in plant prior to the effective date of this
				classification, and finds that there is an amount in excess of that which is
				properly chargeable to other prescribed accounts, this excess shall be charged
				to Miscellaneous Intangible Investment.
Any items charged to this or the preceding account
				shall be amortized by the accounting company as directed by the
				Department.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.103 - Land

Current through Register 1525, July 5, 2024
This account shall include the cost to the utility of all
			   lands used and useful in its water operation. Such a cost includes, when
			   assumed or paid by the purchaser in its own behalf, cost of registration of
			   title, cost of examination of title, conveyancer's and notary's fees; cost of
			   obtaining consents and payments for abutting damages; also the first cost of
			   acquiring leaseholds of land for rights of way with a life of more than one
			   year, but not including the rents paid periodically in consideration of rights
			   obtained under such leases.
This account also includes special assessments levied by
			   public authorities on the basis of benefits for streets and other public
			   improvements, such as new roads, new bridges, new sewers, new pavements, new
			   curbing, etc., but not any taxes levied to provide for maintenance of such
			   improvements.
The cost of buildings and other improvements should not
			   be included in this account. If at the time of acquisition of an interest in
			   lands it extends to buildings or other improvements thereon, which improvements
			   are devoted by the accounting company to its water operations, and the contract
			   of acquisition does not determine the price of such improvements, they should
			   be appraised at their fair cash value for use in such operations, and such
			   appraised value should be charged to the appropriate structures account, and
			   excluded from this account. If such improvements are not devoted to water
			   operations but are devoted to other operations or held as investments, the cost
			   (or appraised value if the cost is not determined in the contract of
			   acquisition) should be charged to the appropriate investment account or capital
			   account for other operation. If the improvements are removed or wrecked, the
			   cost of removing or wrecking them should be charged and the salvage credited to
			   the land account.
This account may be subdivided as follows, and so far as
			   practicable records of the cost of land devoted to water operations should be
			   kept in the detail indicated. Land used both for general office and
			   departmental purposes may be classed as "Miscellaneous."
A. Source of supply land.
B. Pumping station land.
C. Purification land.
D. Storage land.
E. Transmission and distribution lands and
			 rights of way.
F. General office
			 lands.
G. Miscellaneous land
			 devoted to water operations.
1. Stores
			 department land.
2. General shops
			 land.
3. Garage land,
			 etc.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.104 - Structures

Current through Register 1525, July 5, 2024
This account shall include all permanent buildings and
			   structures to house, support, or safeguard persons or property with all
			   appurtenant fixtures, improvements to land and other constructions.
Buildings shall include all fixtures attached to and
			   forming a permanent part thereof, such as water pipes and fixtures, steam pipes
			   and fixtures for heating and ventilating, gas pipes and fixtures for lighting,
			   etc., electric wiring and fixtures for lighting, signaling, etc., cranes and
			   hoists and the motive power for operating them. This account also includes the
			   cost of excavations, brick or concrete chimneys and such piers and foundations
			   for machinery and apparatus as are designated to be as permanent as the
			   buildings and independent of their use in connection with any particular units
			   of equipment. Charge also the cost of architect's plans and of superintendence
			   of construction.
Improvements to land include roadways, fences, sidewalks,
			   sewer systems, water systems, yard lighting system, grading, trestles, canals,
			   bench marks, monuments, and any other permanent structures which are an
			   improvement to the property.
This account may be subdivided as follows, and so far as
			   practicable, records of the cost of the structure devoted to water operations
			   should be kept in the detail ++indicated. Structures used both for general
			   offices and departmental purposes may be classed as "Miscellaneous."
a. Source of water supply
			 structures.
b. Pumping station
			 building and fixtures.
c.
			 Purification buildings and fixtures.
d. Reservoirs and standpipes.
e. Distribution structures.
f. General office buildings and
			 fixtures.
g. Miscellaneous
			 structures devoted to water operations.
1.
			 Store department structures.
2.
			 General shop structures.
3. Garage
			 structures, etc.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.105 - Pumping Plant Equipment

Current through Register 1525, July 5, 2024
This account shall include the cost of all pumping
			   equipment, including boilers and accessories, gas producers, also all pumping
			   equipment whether driven by steam, electricity or other power, including pumps
			   and prime movers and appurtenant equipment such as condensers, switchboards,
			   motor generator sets, lubricating systems, belting and other accessory
			   equipment.
Sub-accounts may be opened in case the company desires
				to show the cost of the various kinds of pumping equipment
				owned.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.106 - Miscellaneous Pumping Plant Equipment

Current through Register 1525, July 5, 2024
This account shall include the cost of all pumping plant
			   equipment not includible in any of the preceding accounts, such as cranes,
			   hoists, machine tools, safety appliances and other miscellaneous pumping
			   station equipment.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.107 - Purification System

Current through Register 1525, July 5, 2024
This account shall include the cost of all apparatus and
			   equipment used for purification of water. This includes settling basins, filter
			   beds, mechanical filters, and all auxiliary apparatus for purifying water,
			   together with protecting structures erected in connection
			   therewith.
Code of Massachusetts Regulations › 220 CMR - DEPARTMENT OF PUBLIC UTILITIES › Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents › BALANCE SHEET › SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS › Tangible Property › Section 52.108 - Transmission and Distribution Mains

Current through Register 1525, July 5, 2024
This account shall include the cost of all transmission
			   and distribution mains used for conveying water from the pumping station,
			   impounding reservoir or other source of supply to the consumer; this includes
			   the cost of all trenching for pipes, placing main pipes, special castings,
			   materials for joints, shut offs, manholes, valves and the cost of filling
			   trenches, and restoring the surface of the street to its former condition as
			   required by municipal authorities.