Indiana Code 8-23-1-22.5. “Extraordinary cost”
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Sec. 22.5. “Extraordinary cost” means the cost to a utility to relocate existing facilities that is either:
(2) more than fifty percent (50%) of the total estimated cost of a proposed highway or bridge construction or improvement project.
(1) more than ten percent (10%) of the total operating revenue received by the utility during the utility’s most recent full fiscal year; or
Terms Used In Indiana Code 8-23-1-22.5
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
As added by P.L.63-1992, SEC.1.