Issue Date: | |
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Revised Date: |
Object Type
Cash — Communications and Utilities
Reference
Description
To record payment for purchased electrical utilities.
Expenditure code 7501 includes, but is NOT limited to:
- Electricity
- Utilities (electricity)
Note
This code does NOT include utilities charged under a rental agreement (7462, 7468).
A state agency is not subject to a late fee or penalty for delinquent payment of a utility bill; prompt payment interest may however apply. Refer to the following rules in the Texas Administrative Code for more information:
16 Texas Administrative Code § 25.28 (b)
16 Texas Administrative Code §25.33 (d)
The statutory authority that allows the for the creation of these rules can be found here:
Utilities Code, Sec. 14.002
USAS Values
Appropriation Year | 25 |
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USAS Title | ELECTRICITY |
Object Group | 10 – Expenditures |
USAS Status | A |
Rev/Exp Category | 15 – COMMUNICATIONS AND UTILITIES |