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  2. Board Of Aldermen - Agenda - 4/11/2017 - P52

Board Of Aldermen - Agenda - 4/11/2017 - P52

By dnadmin on Sun, 11/06/2022 - 21:56
Document Date
Tue, 04/11/2017 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 04/11/2017 - 00:00
Page Number
52
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__041120…

Note 4— Accounts Receivable

Accounts receivable consisted of the following at December 31, 2016 and 2015:

(in thousands) 2016 2015
Accounts receivable - billed $ 4,188 $ 2,235
Less allowance for doubtful accounts (51) (51)
Accounts Receivable - billed, net $ 4,137 $ 2,184
Accounts receivable - unbilled $ 1,921 $ 2,283
Less allowance for doubtful accounts - -
Accounts Receivable - unbilled, net $ 1,921 $ 2,283

Note 5 — Deferred Charges and Other Assets

Deferred charges and other assets as of December 31, 2016 and 2015 consisted of the
following:

Recovery
Period
(in thousands) 2016 2015 (in years)
Regulatory assets:
Source development charges $ 1,041 $ 652 5 - 25
Miscellaneous studies 854 862 2-25
Unrecovered pension and post-retirement
benefits expense 7,457 6,895 0
Total regulatory assets 9,352 8,409
Supplemental executive retirement plan asset 706 645
Subtotal 10,058 9,054
Line of credit debt issuance expenses, net - 2 @
Total deferred charges and other assets $ 10,058 $ 9,066

We expect to recover these amounts consistent with the anticipated expense recognition of these assets.

17

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Board Of Aldermen - Agenda - 4/11/2017 - P52

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