New York Codes, Rules and Regulations › Title 16 - DEPARTMENT OF PUBLIC SERVICE › Chapter V - WATERWORKS CORPORATIONS › Subchapter E - Uniform Systems Of Accounts › Article 1 - Classes A and B › Part 567 - Instructions-operating Expense › Section 567.5 - Joint facility rents and expenses

Current through Register Vol. 46, No. 28, July 10, 2024
(a) A joint facility for the purpose of this
					 system of accounts is defined as any property occupied or used jointly by the
					 utility and another or others under a definite arrangement whereby the actual
					 costs are shared between or among the parties. Property of the utility occupied
					 or used under a similar definite arrangement between the water department and a
					 coordinate department or departments shall likewise be considered as a joint
					 facility. (See operating revenue instruction, §
											566.3.)
(b) When the utility owns the joint facility,
					 any amount received or transferred as reimbursement of operating or maintenance
					 expenses shall be credited to the appropriate operation, maintenance, or
					 clearing account except credits for steam or other power transferred, which
					 shall be entered in account 625, Expenses Transferred--Credit; amounts received
					 or transferred covering depreciation, taxes and interest or return, shall be
					 credited, in the case of another or others, to account 472, Rents from Water
					 Property, and in the case of coordinate departments to account 473,
					 Interdepartmental Rents.
(c) The
					 amount paid by or transferred to the utility for costs of operation and
					 maintenance in connection with occupancy or use of a joint facility owned by
					 another shall be charged to the appropriate operation, maintenance, or clearing
					 account or accounts; the amounts for depreciation, taxes and interest or return
					 shall be charged to the rent account appropriate for the class of property
					 involved.
(d) In the event that
					 joint facilities are used by either party in connection with construction work,
					 credits for the full amount received and charges for the full amount paid, as
					 the case may be, shall be made direct to the construction accounts
					 affected.
(e) These instructions
					 are not intended to cover cases of joint ownership of property when each joint
					 owner bears the cost of operating and maintaining its own property. In such
					 cases the cost of operations and maintenance shall be recorded in the
					 appropriate operation and maintenance accounts even though one of the joint
					 owners operates or maintains the property and bills against other owners for
					 all or a portion of the expenses incurred.
(f) Water supplied by the utility from its
					 own supply to a coordinate department shall be accounted for as provided in
					 operating revenue instruction section
					 566.3.
					 If the utility desires to charge the appropriate accounts in any of its water
					 operations with the cost of steam or other power used from its own supply,
					 credit therefor shall be made to account 929, Duplicate Charges--
					 Credit.
(g) If the arrangement
					 regarding use of facilities does not provide for the allocation of actual
					 costs, the facilities shall not be considered as joint.
(h) The utility shall be prepared to furnish
					 for each charge or credit the detail thereof and the basis of
					 allocation.