Florida Regulations 25-30.580: Guidelines for Designing Service Availability Policy
Current as of: 2024 | Check for updates
|
Other versions
A utility’s service availability policy shall be designed in accordance with the following guidelines:
(1) The maximum amount of contributions-in-aid-of-construction, net of amortization, should not exceed 75% of the total original cost, net of accumulated depreciation, of the utility’s facilities and plant when the facilities and plant are at their designed capacity; and
(2) The minimum amount of contributions-in-aid-of-construction should not be less than the percentage of such facilities and plant that is represented by the water transmission and distribution and sewage collection systems.
Rulemaking Authority 367.101, 367.121(1) FS. Law Implemented Florida Statutes § 367.101. History-New 6-14-83, Formerly 25-30.58, 25-30.058, Amended 1-31-00.
Terms Used In Florida Regulations 25-30.580
- Amortization: Paying off a loan by regular installments.
(2) The minimum amount of contributions-in-aid-of-construction should not be less than the percentage of such facilities and plant that is represented by the water transmission and distribution and sewage collection systems.
Rulemaking Authority 367.101, 367.121(1) FS. Law Implemented Florida Statutes § 367.101. History-New 6-14-83, Formerly 25-30.58, 25-30.058, Amended 1-31-00.