Utility, Plant and Equipment The utility, plant and equipment is carried at cost and depreciation is provided on the straight-line basis at rates specified by the NSURB. Utility, plant and equipment are written down when conditions indicat...
AI summary The document outlines the accounting treatment for utility, plant, and equipment, including depreciation methods, write-downs, and capital fund management. The NSURB sets depreciation rates and approves funds for future extensions or repairs. Debt charges related to loans are accounted for in the Operating Fund.
Town of Mahone Bay Electric Utility Schedule 1 - Schedule of Utility, Plant and Equipment For the year ended March 31 2025 2024 Intangible plant Organization Miscellaneous - intangible plant Working capital $ 500 10,540 2,750 $ 500 10,540...
AI summary The document presents the Town of Mahone Bay Electric Utility's Schedule 1, which outlines the utility, plant, and equipment for the years 2025 and 2024, including details on intangible and tangible plant assets, accumulated depreciation, rate base, and operating income. It provides a comparative view of the financial status of the utility over two years.