10/10/07 N.Y. St. Reg. PSC-23-07-00021-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
The commission, on Sept. 19, 2007, adopted an order approving the petition of Hancock Telephone Company (Hancock) to defer accounting treatment related to expenses resulting from a flood that occurred in June of 2006.
Statutory authority:
Public Service Law, section 95
Subject:
Uniform system of accounts—request for accounting authorization.
Purpose:
To approve Hancock's deferred accounting treatment for expenses resulting from a flood that occurred in June of 2006.
Substance of final rule:
The Commission adopted an order approving the petition of Hancock Telephone Company to defer $16,675 of expenses related to the flooding in June of 2006 and to write off the deferral against the deferred liability related to the Rural Telephone Bank proceeds, subject to the terms and conditions set forth in the order.
Final rule compared with proposed rule:
No changes.
Text of rule may be obtained from:
Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
