§ 2A.132. PUBLIC UTILITY ACCOUNTING.

The Public Utilities Department shall maintain separate accounts for each utility in such manner as to exhibit exact and complete financial results of ownership, management and operation; the actual cost of each utility; all costs of maintenance, extension and improvement; all operating expenses of every description; the general expenses of the Commission and bureaus thereof apportioned to each such utility; the amount paid or set aside for depreciation, insurance, interest and sinking fund; and estimates of the amount of taxes that would be chargeable against such property and the revenue thereof if privately owned and operated. All accounts shall be maintained in accordance with forms and requirements for public utilities engaged in like character of service, insofar as these shall be applicable to publicly owned and operated utilities.

(Added by Ord. 352-96, App. 9/11/96)