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Digital Provenance
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Publisher
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Transcription
It is noted in that report, on Page 84, that they estimate labor costs of around $200.00 a month. An analysis of these figures might indicate that the average cost per million gallons of water would be far in excess of the $81.80 for 1950 as shown on Table 21. In view of the gross operating revenue of the water company in 1949, it would seem that in order to service these bonds and pay all operating, administration and other costs, the water rates would have to be increased from around $100,000 to over $300,000.00. E. E. Bennett
