PSC-30-14-00019-P Uniform System of Accounts - Request for Accounting Authorization

7/30/14 N.Y. St. Reg. PSC-30-14-00019-P

NEW YORK STATE REGISTER

VOLUME XXXVI, ISSUE 30

July 30, 2014

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-30-14-00019-P

Uniform System of Accounts - Request for Accounting Authorization

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The Public Service Commission is considering whether to accept, reject or modify a petition from Fishers Island Water Works Corporation to defer approximately $40,000 in expenses related to a transfer in company leadership.

Statutory authority:

Public Service Law, sections 89-c(3)

Subject:

Uniform System of Accounts - Request for Accounting Authorization.

Purpose:

To allow the company deferred accounting treatment for expenses related to the change in corporate leadership.

Substance of proposed rule:

The Public Service Commission is considering a request from Fishers Island Water Works Corporation (Fishers Island) for the deferral of one-time costs, approximately $40,000, associated with the transition of the company’s presidency and leadership responsibilities during the year 2013. This incremental costs incurred over and above the amounts authorized in the company’s previously approved in Rate Case 06-W-0446 effective December 28, 2006. The Commission may approve, reject or modify, in whole or in part, the relief requested by Fishers Island and consider any related matters.

Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:

Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Public comment will be received until:

45 days after publication of this notice.

Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement

Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.

(14-W-0262SP1)