Ind. Code § 8-1-31-11.5
This is the official text of Ind. Code § 8-1-31-11.5, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Allowable recovery for municipally owned utility; factors
Official statutory text
Sec. 11.5. In determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility, the commission may consider the following factors:
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements, to the extent not provided for through depreciation, as provided in IC 8-1.5-3-8(c).
(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(3) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility's most recent rate case.
(4) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the municipally owned utility.
As added by P.L.212-2015, SEC.11. Amended by P.L.61-2022, SEC.6; P.L.39-2023, SEC.3.
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements, to the extent not provided for through depreciation, as provided in IC 8-1.5-3-8(c).
(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(3) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility's most recent rate case.
(4) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the municipally owned utility.
As added by P.L.212-2015, SEC.11. Amended by P.L.61-2022, SEC.6; P.L.39-2023, SEC.3.
Status: in_force · Read it on the official government site
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