FTR section: Public Utilities
7410 Electric Generation
Proposed
Where it reports on the Cities FTR
| Operating costs (payroll, services, supplies) | Form 27 R03 ElectricCURR_EXP_ELECTRIC |
| Capital outlay | Form 28 R12 Public UtilitiesCURR_EXP_PUB_UTILITIES |
| Charges for services (3300) | Form 22 R28 Electric RevenuesFUNC_ELECTRIC_REVENUE |
| Functional revenue | Revenue coded to this function reports in the Functional column of forms 16-23 and reduces this function's net expenditures. |
- What it is
- Generating electricity at the agency's own plants.
- Accounting standard
- Functional classification supports management’s discussion and analysis and note disclosures, and may be required for certain FTR presentations.
- Accounting note
- Assign function at the transaction level or derive from department mapping. Use consistent allocation bases for shared costs.
- Reporting note
- Function codes drive rollup to FTR functional sections and allow comparability across cities.
- Examples
- Power plant staff and fuel.
- Do not use for
- Power bought from others (7420-7429).