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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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STATE FINANCE AND PROCUREMENT |
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DIVISION I. STATE FINANCE |
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TITLE 2. GENERAL PROVISIONS |
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SUBTITLE 4. WATER AND SEWERAGE SYSTEMS |
§ 2-401. Definitions
Latest version.
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(a) In general. -- In this subtitle the following words have the meanings indicated.
(b) Annual operating costs. -- "Annual operating costs" include the cost of:
(1) the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions;
(2) the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions;
(3) administrative overhead;
(4) debt service;
(5) depreciation; and
(6) servicing customer accounts.
(c) Lateral system construction costs. -- "Lateral system construction costs" include:
(1) any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and
(2) any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.