(a) Each utility, except a utility operated by an affected county, must file a service, financial, and normalized earnings report by June 1 of each year.
(b) Contents of report. The annual report must disclose the information required on the forms approved by the commission and may include any additional information required by the commission.
(c) A Class D utility's normalized earnings must be equal to its actual earnings during the reporting period for the purposes of compliance with Texas Water Code §13.136.
(d) For reporting year 2019 due on June 1, 2020, each utility, except a utility operated by an affected county, must file the report that corresponds to the Class A, B, or C classification that applied to the utility on August 31, 2019.

Source Note: The provisions of this §24.129 adopted to be effective October 17, 2018, 43 TexReg 6826; amended to be effective May 7, 2020, 45 TexReg 2845