OTHER DEFERRED CHARGES	9 Months Ended
Sep. 30, 2016
OTHER DEFERRED CHARGES.
OTHER DEFERRED CHARGES	NOTE 5 – OTHER DEFERRED CHARGES We make expenditures for preliminary surveys and investigations for the purpose of determining the feasibility of contemplated generation and transmission projects. If construction results, the preliminary survey and investigation expenditures will be reclassified to electric plant - construction work in progress. If the work is abandoned, the related preliminary survey and investigation expenditures will be charged to the appropriate operating expense account or the expense could be deferred as a regulatory asset to be recovered from our Members in rates subject to approval by our Board, which has budgetary and rate-setting authority. Included in other deferred charges were preliminary surveys and investigations of $110.2 million and $107.1 million as of September 30, 2016 and December 31, 2015, respectively. These amounts were primarily comprised of expenditures for the Holcomb Station Project of $90.3 million and $86.7 million as of September 30, 2016 and December 31, 2015, respectively. We make advance payments to the operating agents of jointly owned facilities to fund our share of costs expected to be incurred under each project including MBPP – Laramie River Station, Yampa Project – Craig Station Units 1 and 2, San Juan Project – San Juan Unit 3. We also make advance payments to the operating agent of Springerville Unit 3. Included in other deferred charges were advance payments of $19.1 million and $11.5 million as of September 30, 2016 and December 31, 2015, respectively.

NOTE 5 – OTHER DEFERRED CHARGES

We make expenditures for preliminary surveys and investigations for the purpose of determining the feasibility of contemplated generation and transmission projects. If construction results, the preliminary survey and investigation expenditures will be reclassified to electric plant - construction work in progress. If the work is abandoned, the related preliminary survey and investigation expenditures will be charged to the appropriate operating expense account or the expense could be deferred as a regulatory asset to be recovered from our Members in rates subject to approval by our Board, which has budgetary and rate-setting authority. Included in other deferred charges were preliminary surveys and investigations of $110.2 million and $107.1 million as of September 30, 2016 and December 31, 2015, respectively. These amounts were primarily comprised of expenditures for the Holcomb Station Project of $90.3 million and $86.7 million as of September 30, 2016 and December 31, 2015, respectively.

We make advance payments to the operating agents of jointly owned facilities to fund our share of costs expected to be incurred under each project including MBPP – Laramie River Station, Yampa Project – Craig Station Units 1 and 2, San Juan Project – San Juan Unit 3. We also make advance payments to the operating agent of Springerville Unit 3. Included in other deferred charges were advance payments of $19.1 million and $11.5 million as of September 30, 2016 and December 31, 2015, respectively.