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Digital Provenance
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Publisher
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Transcription
Statement BC8 LAS VEGAS WATER SYSTEM Rate base - determined under methods used by ICC in finding the value of the properties of the Ajax Pipe Line Company. RATE BASE: Land-weighted average value Improvements-weighted average value Working capital Total rate base LA&SLRRCo. LVL&WCo. Total # 376,7111 - # 376,711 819,176 5 9 M 9 9 1 .*10,754 2.438 14,289 16.727 1,198,325 608,388 1 ,804,192 COMPUTATION OF FAIR RETURN: Interest - 6% of #1,804,192 Depreciation - 2% of #1,410,754 Maintenance - actual cost 1948 Taxes - paid in 1948 Federal income taxes - estimated Insurance - estimated Total fair return #108, 251.52 28,215.08 63,917.75 32,451.79 25,127.44 100.00 258,063.58 Gross revenue year 1948 192,055.03 Additional revenue required to earn a fair return on the value of the property: Amount of Increase 66,008.55 Per cent of increase 34.37 Office of General Manager of Properties Omaha, Nebraska November 10, 1949
