REVENUE REQUIREMENT DETERMINATION
WHAT IS A REVENUE REQUIREMENT?
Revenue to be Collected from Rates
ALLOCATION OF REVENUE REQUIREMENT
3 Main Methods of Determining Revenue Requirements
DEBT SERVICE
AVERAGE ANNUAL DEBT SERVICE REQUIREMENT
DEBT SERVICE COVERAGE
OPERATING RATIO
RATE OF RETURN
COMMISSION FILING REQUIREMENTS
TEST YEAR
REVIEW OF TEST YEAR
ADJUSTMENTS TO TEST YEAR
2 TYPES OF ADJUSTMENTS
PRO FORMA ADJUSTMENTS
NORMALIZING ADJUSTMENTS
OPERATION & MAINTENANCE EXPENSES
DEPRECIATION EXPENSE
ALLOCATION OF COMMON COSTS
OTHER ADJUSTMENTS TO O&M EXPENSES
OTHER CONSIDERATIONS
UTILIZATION OF A UNIFORM SYSTEM OF ACCOUNTS
UTILIZATION OF A UNIFORM SYSTEM OF ACCOUNTS, cont.
MAINTAINING RECORDS
WATER & SEWER REVENUE REQUIREMENTS BRANCH
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Home Page: http://psc.ky.gov