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Contributed property depreciation can be used as operating expense
Publication year - 1983
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1983.tb05236.x
Subject(s) - depreciation (economics) , property (philosophy) , process (computing) , business , economics , law and economics , microeconomics , computer science , profit (economics) , philosophy , epistemology , financial capital , capital formation , operating system
A county ordinance that prohibited a utility from treating depreciation on property contributed in aid of construction (CIAC) as an operating expense was confiscatory and violated the due process clause, according to a Florida appellate court.