OAR 860-034-0393: Uniform System of Accounts for Small Telecommunications Utilities

(1) The Uniform System of Accounts for Telecommunications Companies, Part 32, adopted by the Federal Communications Commission (FCC) on February 6, 2002, is hereby adopted and prescribed for all Type 2 cooperatives utilities except as modified for intrastate purposes in sections (2) through (5) of this rule. (2) A Type 2 cooperative may follow Class B accounting except when Class A accounting is needed to complete intrastate depreciation and jurisdictional separation studies, to provide the details requested in annual reports under OAR 860-034-0750, and to comply with other Oregon rules and statutes. (3) The allocation rules in Part 32, Section 32.27, are replaced by OAR 860-034-0740(3). (4) For construction work in progress and property held for future use, each Type 2 cooperative shall maintain subsidiary records consistent with ORS 759.285. (5) Each Type 2 telecommunications cooperative shall maintain subsidiary records sufficient to identify the following universal service fund collection, revenues, and expenses: (a) [Reserved]. (b) Federal universal service fund collection (Account 5081). (c) Federal universal service fund contribution (Account 6540). (d) State universal service fund collection and contribution (Account 4010). (e) Interstate and intrastate switched access revenue (Account 5082). (f) Interstate and intrastate special access revenue (Account 5083). (g) [Reserved]. (h) Distributions from the federal USF and the Oregon USF. (i) Depreciation expenses related to telecommunications plant in service, depreciation expense related to property held for future use, and amortization expense. [Publications: Publications referenced are available from the agency.]