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Transcription
Deficiency in Granted Increase When Joint Facility Rents are Computed Using Capital Base as Average of Investment Gost and Original Cost, and Six Percent Return 1951 Operating Revenue Estimated under former rates Added revenue estimated by Commission Total Operating Revenue under prescribed rates $242,200 2 5 , 112 $ 267,312 Operating Expenses Operation and Maintenance Administrative and General Expenses Depreciation Joint Facility Rents Taxes - State, county and city Federal, other than income Total Operating Expense (Excl. F.I.T.) $ 36,000 * 42,900 * 12,078 * 129,338 ** 22,000 * 700 * I 243,016 Net Before Federal Income Tax 24,296 Federal Income Tax Net Available for Return Rate Base - Used in decision Water rights Total Rate Base Rate of Return Under Prescribed 6,074 $ 18,222 $618,929 30,000 $ 648,929 Rates 2.81% Deficiency in Revenue of $267,312 to Yield 6% Return of 6% on $648,929 $ 38,935 Federal Income Tax 24,150 Operating Expenses 243,016 Cress Revenue Required 306,101 Estimated Gross Revenue under former rates 242,200 Needed Increase in Gross Revenue 63,901 Granted Increase 25,112 Deficiency in Granted increase $ 38,789 N From P.S.C. Decision - page 21 ** See computation - page 2 SCHEDULE III Page 1
