Laserfiche WebLink
which are attended by corresponding risks and <br /> uncertainties. <br /> (b) The Allowable Return on Common Equity shall be <br /> reasonably sufficient to assure confidence in <br /> the financial soundness of Company. <br /> (c) The Allowable Return on Common Equity shall be <br /> adequate under efficient and economical <br /> management to maintain and support Company's <br /> credit and enable it to raise the money <br /> necessary for the proper discharge of its <br /> ' public duties. <br /> Section 14. ACTUAL NET EARNINGS. Subdivision <br /> l. In the computation of Actual Net Earnings, appropriate <br /> items may be amortized or accrued according to generally <br /> accepted accounting principles and, except as otherwise <br /> provided in this ordinance for specific items, the amounts <br /> and rates of amortization or accrual shall be based upon the <br /> actual experience of Company where such experience exists. <br /> Subd. 2. An allocation shall be made by Company <br /> of operating expenses and utility plant within and outside <br /> the Metro Area on a basis that reasonably reflects the <br /> occurrence of such expenses and plant for rendering service <br /> within and outside the Metro Area. <br /> Section 15. STABILIZATION RESERVE ACCOUNT. <br /> Subdivision 1. Actual Net Earnings greater or less than <br /> the Allowable Annual Return in any calendar year <br /> 21 <br />