California Public Utilities Code

§ 99247

PUC § 99247 Effective Jan 1, 2016Div. 10 · Part 11 · Ch. 4 · Art. 3

Statute text

For purposes of Section 99246, and as used elsewhere in this article:

(a)“Operating cost” means all costs in the operating expense object classes exclusive of the costs in the depreciation and amortization expense object class of the uniform system of accounts and records adopted by the Controller pursuant to Section 99243. “Operating cost” excludes all subsidies for commuter rail services operated on railroad lines under the jurisdiction of the Federal Railroad Administration, all direct costs for providing charter services, all vehicle lease costs, and principal and interest payments on capital projects funded with certificates of participation.

(b)“Operating cost per passenger” means the operating cost divided by the total passengers.

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Legislative history

Amended by Stats. 2015, Ch. 716, Sec. 3. (SB 508) Effective January 1, 2016.