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6.G. - Page 91 of 238 <br />G. Debt. San Francisco will maintain documentation identifying: <br />The portion of total bonded debt outstanding related to each series of <br />each bond issue. <br />2. The portion of total interest expense related to each series of each bond <br />issue. <br />3. The use of proceeds of each bond issue (including proceeds of <br />commercial paper and/or other interim financial instruments redeemed or expected to be <br />redeemed from bonds and earnings on the proceeds of financings) in sufficient detail to <br />determine, for each bond issue, the proceeds and earnings of each (including proceeds and <br />earnings of interim financing vehicles redeemed by a bond issue) and the total amounts <br />expended on Direct Retail improvements and the total amounts expended on Regional <br />improvements. <br />H. Changes in Accounting. Subject to subsections A thru G, San Francisco may <br />change the chart of accounts and accounting practices of the SFPUC and the Water and Hetch <br />Hetchy Enterprises. However, the allocation of any expense to the Wholesale Customers that is <br />specified in the Agreement may not be changed merely because of a change in (1) the <br />accounting system or chart of accounts used by SFPUC, (2) the account to which an expense is <br />posted or (3) a change in the organizational structure of the SFPUC or the Water or Hetch <br />Hetchy Enterprises. <br />I. Audit. San Francisco will arrange for an audit of the financial statements of <br />Water and Hetch Hetchy Enterprises to be conducted each year by an independent certified <br />public accountant, appointed by the Controller, in accordance with Generally Accepted Auditing <br />Standards. <br />7.02. Calculation of and Report on Wholesale Revenue Requirement <br />A. Within five months after the close of each fiscal year, San Francisco will prepare <br />a report showing its calculation of the Wholesale Revenue Requirement for the preceding fiscal <br />year and the change in the balancing account as of the end of that fiscal year. The first such <br />report will be prepared by November 30, 2010 and will cover fiscal year 2009-10 and the <br />balancing account as of June 30, 2010. <br />B. The report will consist of the following items: <br />73 <br />15118728.1 <br />422 <br />