§ 4.100.010. Definitions.

For purposes of this chapter, certain terms used herein are defined as follows:

A.

"Accrual year" means the fiscal year in which money is accrued for transfer to the general fund in the immediately following fiscal year, as provided in this chapter.

B.

"Actual net income" means the net income from power utility operations as shown on the accounting records of the power division.

C.

"Annual gross electric retail income" means the total annual billed retail operating revenue, net of provision for uncollectible accounts, from the furnishing and delivery of electric energy to retail customers of the power division at rates and charges fixed by ordinance. Annual gross electric retail income shall not include revenues from wholesale power transactions, rate stabilization fund transfers to the operating fund, interest earnings and other nonoperating income, proceeds from the sale of power division assets or bond issues and contributions in aid of construction.

(Ord. 6378 § 1 (part), 1990)