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#being consumed at the present time, would be a fair value, or $6000.00 for a water right value. FAIR VALUE FOR RATE MAKING PURPOSES ? & In considering those items the Commission rules that the sum of $72,000.00 may bo taken as a fair valuation of the property for rate making purposes: Water right value,3 cubic foot par second © $2000. $ 6;000.00 Valuation of physical properties as of Dec.31,1930 62,403.63 Working Cash Capital 3%000.00 B Total ' $71,403.63 The gross earnings for the year 1930 from domestic, commercial and industrial services rendered by the v/otcr company were Operating expanses including depreciation for 1930 Taxes Total Expenses Not Earnings (Deficit) $30,360.10 28;783.18 3;753.69 32,536.87 2,176.77 Based on the consumption of 581,867,800 gallons of water furnished in Las Vegas to 1397 consumers for the year 1930, wo are of the opinion and find tho.t the operating expenses, depreciation or retirement expense and taxes should not exceed the following Rental on Railroad Facilities Collections Maintenance Supervision • • 5;193.53 Reserve for Replacement,2% on $62,403.63 1;24S.07 Faxes 3:753.69 $14,455.73 3;120.86 2;455.95 Total $30,227.83 The Company has filed rates for the future which are the basis of this investigation, ranging from 25 to 50 per cent increase ovor the present rates, which are unjust and unreasonable for service at Las Vegas, and that in lieu thereof the rates should not exceed those sot forth in the Commission’s order, ontitied,"Commi­ssion’s RatoJ’ An appropriate order will bo entered. ----o0o — llll 81