The municipality shall have an accounting system which segregates electrical revenues, shows the source of electrical income including interest earned on held funds, shows charges, and where electrical revenues were spent. If overhead charges to the inspecting organization are based on allocations, the allocations must be supportable under general accounting principles.

Statutory/Other Authority

ORS 479.730

Statutes/Other Implemented

ORS 479.855, 455.148 & 455.150

History

BCD 23-2008, f. 9-30-08, cert. ef. 10-1-08
BCD 19-1996, f. 9-17-96, cert. ef. 10-1-96, Renumbered from 918-300-0340
BCA 21-1993, f. 10-5-93, cert. ef 12-1-93