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Digital ID
upr000061-381
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I agree.r ' % the Das Vegas Land and Water Company. This valuation was prepared for use in rate making purposes and is not the ledger ?value as set up in our hooks* Table Ho. 3 for the years 1925 to 1930 inclusive shows, as near as may he determined, the profit and loss of D.V.I. b W.Co through operation of water facilities ha§©& on valuation given in Table Ho. 2* It is thought that Tables Hob. 1, 2 and 3 contain information that will he required when appearing before the HdVada Public Service Commission for increase in water rates* Table Ho. 4 for the years 1925 to 1930 inclusive shows the profit and loss, as near as we are able to determine, based upon the Valuation Department*s valuation of L.V.L&wco’s. facilities but not including value of water or general expenses. Table Ho* 5 for the years 1925 to 1930 inclusive shows the profit and loss, as near as we are able to determine, based upon record of amount in Investment accounts together with expenses and renenues, all as reported by the Auditor. You will please note that Table Ho. 5, year 1929, indicates that value of LYI&WCo's facilities is #81,278.05 while Table Ho* 4, year 1929, indicates this value to be #102,332. These figures represent the present book value and the value according to the Valuation Depart-