Ill. Admin. Code tit. 83 § 605.170

Current through Register Vol. 48, No. 52, December 27, 2024

Section 605.170 - Accounting Instruction 40

a) Class A Utilities shall maintain the accounts listed in subsections (a)(1) through (a)(8) of this Section.

1) Utility Operating Accounts

Account No.

400	Operating Revenues
401	Operating Expenses
403	Depreciation Expenses
406	Amortization of Utility Plant Adjustments
407	Amortization Expense
407.1	Amortization of Limited Term Plant
407.2	Amortization of Property Losses
407.3	Amortization of Other Utility Plant
407.4	Amortization of Regulatory Assets
407.5	Amortization of Regulatory Liabilities
408	Taxes Other Than Income
408.10	Utility Regulatory Assessment Fees
408.11	Property Taxes
408.12	Payroll Taxes
408.13	Other Taxes and License
409	Income Taxes
409.10	Federal Income Taxes, Utility Operating Income
409.11	State Income Taxes, Utility Operating Income
409.12	Local Income Taxes, Utility Operating Income
410	Provision for Deferred Income Taxes
410.10	Deferred Federal Income Taxes
410.11	Deferred State Income Taxes
410.12	Deferred Local Income Taxes
411	Provision for Deferred Income Taxes - Credit
411.10	Provision for Deferred Income Taxes - Credit,
	Utility Operating Income
412	Investment Tax Credits
412.10	Investment Tax Credits Deferred to Future Periods,
	Utility Operations
412.11	Investment Tax Credits Restored to Operating Income,
	Utility Operations
413	Income From Utility Plant Leased to Others
414	Gains (Losses) From Disposition of Utility Property

2) Other Income and Deductions

415	Revenues from Merchandising, Jobbing
	Contract Work
416	Costs and Expenses of Merchandising, Jobbing and
	Contract Work
419	Interest and Dividend Income
420	Allowance for Funds Used During Construction
421	Nonutility Income
426	Miscellaneous Nonutility Expenses

3) Taxes Applicable to Other Income and Deductions

408	Taxes Other Than Income
408.20	Taxes Other Than Income, Other Income and
	Deductions
409	Income Taxes
409.20	Income Taxes, Other Income and Deductions
410	Provision for Deferred Income Taxes
410.20	Provision for Deferred Income Taxes, other Income
	and Deductions
411	Provision for Deferred Income Taxes - Credit
411.20	Provision for Deferred Income Taxes - Credit,
	Other Income and Deductions
412	Investment Tax Credits
412.20	Investment Tax Credits - Net, Nonutility Operations
412.30	Investment Tax Credits Restored to Nonoperating
	Income, Utility Operations

4) Interest Expense

427	Interest Expense
427.1	Interest on Debt to Affiliated Interests
427.2	Interest on Short-term Debt
427.3	Interest on Long-Term Debt
427.4	Interest on Customer Deposits
427.5	Interest - Other
428	Amortization of Debt Discount and Expense
429	Amortization of Premium on Debt

5) Extraordinary Items

433	Extraordinary Income
434	Extraordinary Deduction
409.30	Income Taxes, Extraordinary Items

6) Retained Earnings Accounts

435	Balance Transferred From Income
436	Appropriations of Retained Earnings
437	Dividends Declared - Preferred Stock
438	Dividends Declared - Common Stock
439	Adjustments to Retained Earnings

7) Water Operation Revenue Accounts

A) Water Revenue

460	Unmetered Water Revenue
461	Metered Water Revenue
461.1	Metered Sales to Residential Customers
461.2	Metered Sales to Commercial Customers
461.3	Metered Sales to Industrial Customers
461.4	Metered Sales to Public Authorities
461.5	Metered Sales to Multiple Family Dwellings
462	Fire Protection
462.1	Public Fire Protection
462.2	Private Fire Protection
464	Other Sales to Public Authorities
465	Sales to Irrigation Customers
466	Sales for Resale
467	Interdepartmental Sales

B) Other Water Revenues

469	Guaranteed Revenues
470	Forfeited Discounts
471	Miscellaneous Service Revenues
472	Rents from Water Property
473	Interdepartmental Rents
474	Other Water Revenues

8) Water Operation and Maintenance Expense Accounts

601	Salaries and Wages - Employees
603	Salaries and Wages - Officers, Directors and
	Majority Stockholders
604	Employee Pensions and Benefits
610	Purchased Water
615	Purchased Power
616	Fuel for Power Production
618	Chemicals
620	Materials and Supplies
631	Contractual Services - Engineering
632	Contractual Services - Accounting
633	Contractual Services - Legal
634	Contractual Services - Management Fees
635	Contractual Services - Testing
636	Contractual Services - Other
641	Rental of Buildings/Real Property
642	Rental of Equipment
650	Transportation Expense
656	Insurance - Vehicle
657	Insurance General
658	Insurance - Workman's Compensation
659	Insurance - Other
660	Advertising Expense
666	Regulatory Commission Expenses - Amortization
	of Rate Case Expense
668	Water Resource Conservation Expense
667	Regulatory Commission Expenses - Other
670	Bad Debt - Expense
675	Miscellaneous Expenses

b) Class B utilities shall maintain the accounts listed in subsections (b)(1) through (b)(8) of this Section.