Nontaxable Income:
1. Grants in Aid of Construction (Government, private foundations, or disinterested parties) 3. Meter deposits (refundable) 4. Permit charges on plumbing installations 6. Refundable membership fees 7. Reimbursement for line relocation 8. Sales or exchanges of water between public utilities 10. Sewage charges if separately itemized 35 Miss. Code. R. 4-06-04-404