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# 3 - Mr. Wm. R ein iia rd t November 1 5 , 1950 . - 4 - .. yith th© new revenue act 43^ for this current year and 45% foorf 11995501,, apnrdo viwiditnh ge fvoerry indication that a new and higher income tax will probably replace the present one for next year, it would appear that j^nimum rate that should be used in testing earnings for the future would be 45%. The 38$ computations have been included merely for comparison with the year 1949, The proposed water rates developed will yield an increase of approximately $90,000 of gross revenue for the year or an over-all increase of 42.5$. Such increase is IsieSrvWi?cde a2i n nL?ats uVnergeaass onwaibllle ,s tials l trhee maaivner algoew absi llcionmgp afreodr wtoa ter muoses t ofo twhaetre rc itisi est akaendn ienxtcoe edcionnsgildye rlaotwi ownh.en the high per-capita increase to a residential customer of average oati ZSthveW l}i1n cbree asferso m oan boa utp er$c2e*n0t0a gte0 b$a2s-i7s0 Par®er mmoanttehr.i alWlhyi lhei ghheorme f2f-,?h2 °5)mmercial classifications, the dollar billing must fthce1 1d! ol??l arl ooakmeoudn tusp opna iads laonwd, frboomth t hfer oms tpanoidnpto inotf voif etwh ea s getno erous volume of water used. 5 iyus press appreIcni sautbimoint ftoirn g thteh isf ulrle posrutp poirtt isa ndt hec odoepseirraet itoon reex-­celved from the Company. Particular acknowledgment is made for the data furnished by the Omaha office through Mr. W. H. Hulsizer, General Manager of Properties. In this respect, hJJi®L ocflfHlct®al\ rb laiskee wfilsgea,r eaMr .a nWd. rHe.l atJeodh nsiotenm si nw etrhee mLaosd e Antgherloeusgh office and Mr. A. M. Folger, local manager of the Las Vegas poruot petrhtei esst,u dyh.a ve been most cooperative and helpful throu^gh­ceived froCml Mors.e Bceonnnteatctt haansd bMre.e nR emnawiinctka.ined and advice re­On my own staff, Mr. R. L. Bertolacci, an engineer of broad experience, has had the immediate responsibility of maesnsti stofi ngth ei n smtaukdiyn gas trhee fleexctteendd edi n antahilsy sriesp oarntd. the develop­Respectfully submitted, (Signed) Roy A. Y/ehe Roy A . Wehe