Memorandum Account definition
Examples of Memorandum Account in a sentence
Finally, for settlement purposes, San ▇▇▇▇▇▇▇ agrees with DRA to accrue interest at the commercial paper rate on the balance in the Facilities Fees Memorandum Account in that such accrued interest will be applied as part of that balance as a credit against rate base through an annual advice letter filing.
San ▇▇▇▇▇▇▇ also sought authority to continue to maintain its existing Water Quality Memorandum Account (“WQMA”) which currently has a zero balance.
ISSUE: In its Application, San ▇▇▇▇▇▇▇ sought authority to amortize over an appropriate period, the balances in the following balancing and memorandum accounts as of the date of the decision in this proceeding: Water Supply Cost Balancing Account, Power Supply Cost Balancing Account, Water Quality Litigation Memorandum Account (“WQLMA”), Water Revenue Adjustment Mechanism (“WRAM”), and California Alternative Rates for Water (“CARW”) Balancing Account.
The ISO start up and development costs shall include an amortized amount standing to the credit of the ISO Memorandum Account plus any additional start up or development costs incurred after the date of Resolution E-3459 (July 17, 1996) plus any additional capital expenditure budgeted to be incurred by the ISO in 1998 (“Start Up and Development Costs”).
A further issue concerned San Gabriel’s Facilities Fees Memorandum Account, which was established pursuant to D.▇▇-▇▇-▇▇▇ to accrue facilities fee revenues for application, through an annual advice letter filing, to reduce the amount of investment in the Sandhill Water Treatment Plant that is included in rate base.