Relates to the establishment of a regulatory liability as a result of the U.S tax reform legislation dated December 22, 2017.
Docket No. AI93-5-001 issued on April 23, 1993 (Accounting for Income Taxes).
ocket No. RM95-4-000 Order 581 issued September 28, 1995.
Recorded pursuant to 18 CFR 154.402(a) and 18 CFR 382.202.
ASC 980-710-25, "Accounting for the Effects of Certain Types of Regulation" contains discussion of the regulatory accounting implications of recording accrued vacation under ASC 710-10-2.
Sabal Trail estimates that the Deferred Income Tax Adjustment Gross-Up would not be included inthe development of jurisdictional rates.
| Significant non-cash transactions: | ||
| Deemed contribution of taxes accrued | $ | 40,528,466 |
| Significant non-cash transactions: | ||
| CWIP accruals | $ | (1,084,206) |
| CWIP retainage | - | |
| Accounts Payable associated with construction costs | (1,084,206) |
| Other regulatory assets - fuel tracker | $ | 4,815,976 |
All system balancing gas recorded under the fixed asset method as defined by FERC Order 581. Initial line pack is recorded in the plant account 117.1 (non-current). Any additional system gas volumes needed for load balancing, no notice transportation and other operational purposes is recorded in account 117.2 (current portion). For purposes of accounting for encroachment resulting from line inventory changes, we used Account 117.4 with appropriate debits to Account 808.1 and credits to Account 808.2.
| Distributions to members | $ | 247,500,000 |
| Debt discount and expense | $ | 527,692 |
| ACA | 296,780 | |
| Utility plant | 330,253 | |
| Total | $ | 1,154,725 |
| Other current assets - other | $ | 1,692,248 |
| Other deferred charges and liabilities (net) | - | |
| Total | $ | 1,692,248 |
| Significant non-cash transactions: | ||
| Deemed contribution of taxes accrued | $ | 41,248,183 |
| Other regulatory assets - fuel tracker | $ | 4,234,959 |
| Significant non-cash transactions: | ||
| CWIP accruals | $ | 646,649 |
| CWIP retainage | - | |
| Accounts Payable associated with construction costs | 646,649 |
| Distributions to members | $ | (247,500,000) |
| Debt discount and expense | $ | 504,385 |
| ACA | 315,078 | |
| Utility plant | 326,605 | |
| Total | $ | 1,146,068 |
| Other current assets - other | $ | (93,168) |
| Other deferred charges and liabilities (net) | ||
| Total | $ | (93,168) |
| Distributions to members | $ | (243,200,000) |
| Distributions to members | $ | 243,200,000 |
Cashout receipts 266,729 Line pack receipts 217,530 Total 484,259
Cashout receipts 118,916 Line pack receipts 200,869 Total 319,785
216,098,618 Dths are the only volumes subject to ACA surcharges.
83,064,821 Dths are the only volumes subject to ACA surcharges.
Auction Gas 168,000 Cashout deliveries 244,547 Line pack deliveries 181,730 O&M gas loss 6,829 M&R fuel 25,581 Lease Fuel 1,887,899 Total 2,514,586
Auction Gas 168,000 Cashout deliveries 173,864 Line pack deliveries 0 O&M gas loss 1,379 M&R 12,008 Lease Fuel 692,340 Total 1,047,591
Fuel quantities requiring an allocation are assigned to the rate categories on the basis of the stated fuel rates as referenced in Order No. 710-C, at paragraph 9. Specifically, within each functional category, the fuel quantities in lines 8 – 30 are prorated to the rate categories based on the ratio of the Shipper Supplied quantities in lines 1 - 7 for each rate category to the total Shipper Supplied quantity for such functional category.
Disposition of Excess Gas and Gas Acquired to Meet Deficiency quantities in lines 38 – 65 are prorated to the rate categories based on the ratio of the Excess or Deficiency quantities for each rate category to the total Excess or Deficiency quantity in line 37.
Heater fuel 0
M&R fuel 4,597
O&M gas loss 488
Lease Fuel 223,818
Total 228,903
Since we administer the cost of gas used for fuel by means of a tracking mechanism, values are assigned pursuant to the requirements under our tariff provisions to the net excess or deficiency which results from shipper supplied gas as well as the disposition of the excesses and the sources of deficiencies.
Fuel quantities requiring an allocation are assigned to the rate categories on the basis of the stated fuel rates as referenced in Order No. 710-C, at paragraph 9. Specifically, within each functional category, the fuel quantities in lines 8 – 30 are prorated to the rate categories based on the ratio of the Shipper Supplied quantities in lines 1 - 7 for each rate category to the total Shipper Supplied quantity for such functional category.
Disposition of Excess Gas and Gas Acquired to Meet Deficiency quantities in lines 38 – 65 are prorated to the rate categories based on the ratio of the Excess or Deficiency quantities for each rate category to the total Excess or Deficiency quantity in line 37.
Heater fuel 0
M&R fuel 3,966
O&M gas loss 606
Lease Fuel 230,018
Total 234,590
Since we administer the cost of gas used for fuel by means of a tracking mechanism, values are assigned pursuant to the requirements under our tariff provisions to the net excess or deficiency which results from shipper supplied gas as well as the disposition of the excesses and the sources of deficiencies.
Fuel quantities requiring an allocation are assigned to the rate categories on the basis of the stated fuel rates as referenced in Order No. 710-C, at paragraph 9. Specifically, within each functional category, the fuel quantities in lines 8 – 30 are prorated to the rate categories based on the ratio of the Shipper Supplied quantities in lines 1 - 7 for each rate category to the total Shipper Supplied quantity for such functional category.
Disposition of Excess Gas and Gas Acquired to Meet Deficiency quantities in lines 38 – 65 are prorated to the rate categories based on the ratio of the Excess or Deficiency quantities for each rate category to the total Excess or Deficiency quantity in line 37.
Heater fuel 0
M&R fuel 3,445
O&M gas loss 285
Lease Fuel 238,504
Total 242,234
Since we administer the cost of gas used for fuel by means of a tracking mechanism, values are assigned pursuant to the requirements under our tariff provisions to the net excess or deficiency which results from shipper supplied gas as well as the disposition of the excesses and the sources of deficiencies.