N.M. Admin. Code § 17.11.14.15
Current through Register Vol. 35, No. 23, December 10, 2024
Section 17.11.14.15 - ADDITIONAL PROVISIONSA. Resellers desiring to change their approved rates and charges, to either increase such rates or decrease such rates, shall file with the commission an application for adjustment of rates and charges. The application shall contain New Mexico specific data indicating the then current earnings, investment and expenses of the company as a whole within the state.B. The application shall be filed in the office of the chief clerk, who shall assign a docket number to such application.C. The Commission, upon the filing of an application for adjustment of rates and charges, shall set the time and place for hearing thereon, and such further procedural dates and requirements as the commission shall deem proper. The commission will require the applicant to cause a notice of the application and other procedural and hearing dates to be published in a newspaper of general circulation in the geographic area where the reseller's public telecommunication services are offered.D. The Commission may entertain intervention in a proceeding for an adjustment of rates and charges by interested persons.E. All hearings pursuant to an application for adjustment of rates and charges shall be conducted pursuant to the Commission's Rules of Procedure, unless otherwise ordered by the commission.F. In determining and fixing rates and charges of a reseller pursuant to application for adjustment of such rates and charges, the Commission shall consider rates to be just and reasonable where state specific revenues are sufficient to produce an operating ratio for the company within a range of 60% to 90%.G. On or before April 1, 1989, and on such date of each year thereafter, resellers shall file with the Commission annual reports of their New Mexico Intrastate operating results. Such reports shall be based upon Generally Accepted Accounting Principles (GAAP). Annual reports to be filed by resellers shall contain all pertinent financial data of their operations. Data to be contained in the annual reports shall include, but not be limited to: (2) expenses, split into various categories such as access charge expenses, expenses for purchase of other services from LEC's or IXC's such as MTS, WATS and PL services, foreign exchange services and local services, billings and collection services, administrative expenses, commercial and marketing expenses, advertising expenses, depreciation expenses, ad valorem taxes, federal, state and local income taxes, franchise taxes, gross receipts taxes and other such expenses;(3) revenues split into various services or service categories offered by resellers;(4) number of customers in the state and traffic or call volume (number of messages and minutes of use) and quantities of other services such as number of circuits.H. Resellers shall not be required to carry their books on Uniform System of Accounts. The data submitted in the annual report should be divided into intrastate and interstate operations so that the Commission is able to assess the reasonableness of the profitability and continued viability of the resellers' intrastate operations.N.M. Admin. Code § 17.11.14.15