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fpl m Omaha - Movember 28, 19j 3703.1 WM. R. ___ °EC 1 1950 •fff y v* / Hr* A. E, Stoddard: v V CC - Mr. Wm, Reinhardt - Los Angeles Mr« R. M. Sutton Mr. T. W. Bockas Mr. B. B. Bennett - Los Angeles Referring to Mr. Reinhardt*s letter of Hov# 16, 1950, transmitting Mr. Roy A. Wehe's final report on results of operation of the Water Department of the LVL&WCo.I X hare reviewed this report which X find to be very well presented and recommend it be approved for use in the rate increase proceedings as proposed by Mr. Reinhardt. the report would produce an increase in revenue for the year 1950 of $94,425*00. This compares with an estimated increase of $94,416 in gross operating income required to net 6 on fixed capital on original cost basis after deducting Federal Income Tax at 45>» as shown in Table "M", which basis X consider to be reasonable. clerical or typographical errors: Page 12 - Foot note should refer to page instead Page 16 - Under "Revenues”, 7th line ”Aect. 605* should Page 27 • Under ”1949 Billing" the amount shown for Depreciation, $18,437,05 should be $26.kl' The total of $105,763.64 however, is corn Page 50 - 16th line - Chart A (page 10a) should be The proposed new rates as detailed in Table ”R* of In reading the report X note the following minor of page 43. be "Acct, 606", cl (page 11a) ^ * 1 AWil'i V. H. gR^IZER * DEC 121950 DEC 1 1950 0EC 19 195Q C * c * L. C. C.