JURISDICTIONAL FINANCIAL SUMMARY SCHEDULE

Subpart 1. Test year data. A general rate change notice must include a financial summary schedule for the test year. The financial summary schedule must be a one-page summary showing: A. the proposed rate base amount; B. the proposed rate of return; C. the proposed net operating income requirement; D. the net operating income under present rates; and E. the calculation of: (1) the net operating income deficiency; (2) the gross revenue deficiency; (3) the gross revenue from present rates; and (4) the gross revenue requirement. Subp. 2. Previous fiscal year data. A general rate change notice must include a financial summary schedule for the previous fiscal year. The financial summary schedule of the previous fiscal year must be a one-page summary showing: A. the actual unadjusted average rate base consisting of the same components as the proposed test year rate base; B. the earned rate of return; C. the net operating income requirement; D. the unadjusted net operating income; and E. the calculation of: (1) the net operating income deficiency; (2) the gross revenue deficiency; (3) the gross revenue from present rates; and (4) the gross revenue requirement. The operating income requirement must be calculated with the weighted cost of capital for the previous fiscal year as calculated in part 7810.8640 , subpart 1, item B.