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upr000062 166

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upr000062-166
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? Sheet 1 of 6 Review of rough draft of Report on the Results of Operation of the Water System at Las Vegas re­ceived with Mr. Bennett*s letter of June 2o, 1950. Page 7. Investment in Plant for the year 19^9, 0707,608.98, shown In tabulation at top of nage 7 should be 0707,299.61, as shown in Balance Sheet, page 1^ and In Table "A" of the appendix. “ok,9^3 ft. to include the 8$00 ft. taken over from Marlin Water Co. and 14th St. Water Co. Total all sizes, 317,900 ft. should be 326,300 ft., which Accounts 320 and 321 in Table "A" of Appendix (when I’evlsed as commented upon later). Page l6a. Last two lines "Income Taxes" should, I believe, be changed to "Federal Income Taxes" and wherever this tern appears else­where in the report it should likewise be ohanged. Page 27. Cost of wholesale water. (Investment cost basis). The adjustments for year 19^9 as shown at top of page 27 tract, approximate allocation of which follows: 1. Amount billed is based on 19^8 expenses and percent­age of water used. The adjusted cost is based on expenses and percentage of use for the year 19^9 re­sulting in an Increase of / 2. Adjusted cost includes administrative expenses not heretofore included in expense of operation result- Note 1 - M.-'ght add: "(Balance sheet for the year 19^9 is shown on page 1*0" 7 Note 2 - Might be amplified to show the account numbers comprising the expense as: "Comprises amounts in Account Nos. ^02, 40^ and $12 as shown on sheet 15, for year ending December 31, 19$98. Page 8. Total 4" cast Iron pipe shown as 56,5$8 ft. should be ^ will agree with the total lengths of pipe shown in detail of 1^ develop an Increase of $13,136 over amounts billed under oon- ing in an Increase of / 7,923