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upr000063 138

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upr000063-138
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University of Nevada, Las Vegas. Libraries

Deficiency in Gross Revenue When Computed in Accordance with Basic Principles Announced in Commission's Opinion but Reflecting Undisputed Evidence as to Capital investment and Operating Expenses 1951 Operating Revenue Estimated under former rates Operating Expenses Operation and'Maintenance Administrative and General Expenses Depreciation Joint Facility Rents Taxes - State, county and city Federal, other than income Capital Base Average of Investment and Original Cost $ 242,000 (Ex. Q) $ 41,200 (Ex. Q) 52,340 (Ex. Q) 14,810 * 129,338 ** 22,165 (Ex. Q) 675 (Ex. 0) $ 260,528 Return of 6% on $715,000 $ 42,906 Federal-Income Tax 27,671 Operating Expenses 260,528 Total Required Gross Revenue 331,105 Operating Revenue under former rates 242,400 Deficiency in Gross Revenue under former rates 88,705 Allowed by P.S.C. decision 25,112 Additional Gross Revenue Required 63,593 * Average between $12,252 on investment bases and $17,3o9 on original cost basis (Ex. Q.). ** Computation shown on Schedule III, page 2. (Based upon inclusion of 240 acres of water-bearing land). SCHEDULE VI