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upr000063 130

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upr000063-130
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Deficiency in Granted Increase When Proper Joint Facility Rents are Paid to Production Company 1951 Operating Revenue Estimated under former rates $242,200 Added revenue estimated by Commission 25 i112 Total estimated operating revenue under prescribed rates $ 267,312 Operating Expenses Operation and Maintenance Administrative and General Expenses Depreciation Joint Facility Rents Taxes - State, county and city Federal, other than .income Total Operating Expenses (Exclo F.I $ 36,000 * 42,900 * 12,078 * 141,717 ** 22,000 * 700 * T.) ' 261,244 Net Before Federal Income Tax 6,068 Federal Income Tax 1,517 Net Available for Return $ 4,551 Rate Base - Used in decision $ 618,929 Water rights 30,000 Total Rate Base $ 648,929 Rate of Return Under Prescribed Rates 0.70$ Deficiency in Revenue Return at 6$ on $648,929 $ 38,935 Federal Income Tax 24,150 Operating Expenses 261,244 Gross Revenue Required 324,329 Estimated Gross Revenue under former rates 242,200 Needed Increase in Gross Revenue 82,129 Granted Increase 25,112 Deficiency in Granted Increase $ 57,017 * From ?.,S„CDecision - page 21 * * From Exhibit R SCHEDULE II