49-38-3. Contents of audit.

132 words·~1 min read·/sd/title-49/chapter-49-38/49-38-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In each consumers power district, the auditor - general shall require audits pursuant to § 49-38-2 to set forth:

(1)The gross income from all sources of the district for the year previous;

(2)The gross amount of electrical energy supplied by said district;

(3)The amount expended during the previous year for maintenance;

(4)The amount expended during the previous year for plant investments;

(5)The amount of depreciation of the plant during the previous year;

(6)The cost of supplying electrical energy, including production cost, transmission cost and distribution cost;

(7)The number of employees as of December thirty - first of each year;

(8)The salaries paid; and

(9)All other facts necessary to give an accurate and comprehensive view of the cost of maintaining and operating the district.