§ 2-401. Definitions

MD State Fin & Pro Code § 2-401 (2019) (N/A)
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(a)    In this subtitle the following words have the meanings indicated.

(b)    “Annual operating costs” include the cost of:

(1)    the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions;

(2)    the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions;

(3)    administrative overhead;

(4)    debt service;

(5)    depreciation; and

(6)    servicing customer accounts.

(c)    “Lateral system construction costs” include:

(1)    any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and

(2)    any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.