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I agree.Summary of the cost of water for the railroad and the water company in Las Vegas in 1930
hln000872. Union Pacific Railroad Collection, 1828-1995. MS-00397. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada. http://n2t.net/ark:/62930/d1nk39516
English
COST OF WATER AT LAS VEGAS, NEV. FOR YEAR 1930 TOTAL VALUATION OF JOINT WATER FACILITIES AS OF JANUARY 1, 1928: . . < . ,..................$ 46,499.69 W.O. 7392 - January 30, 1928 ...... . . . 1,406.19 W.O. 8248 - 99.7% - 12-31-29 (Carry-over Estimate) 66,000.00 W.O. 8577 - 99.0% - 12-31-29 ( " " ) 63,290.00 Total Valuation - January 1, 1930 . . . $177,194.78 TOTAL WATER USED - YEAR 1929: Gallons Percent For Railroad Purposes 319,793,170 33.34 For Las Vegas Land and, Water Co. 639,353,100 66.66 Total 959,146,270 100.00 PROPORTION OF VALUATION ACCORDING TO USE: For Railroad Purposes - 33.34% of $177,194.78 = $ 59,076.74 For L. V. L. and W. Co.- 66.66% of $177,194.78 = 118,118.04 ANNUAL COST OF WATER R.R. COMPANY LVL&W CO. Interest at 6% . . . . ....... . $ 3,544.60 $ 7,087.08 Reserve for replacement - 4% . . . . . 2,363.07 4,724.72 Insurance .............. 8.50 16.50 Taxes - $1.75 per $100 of Valuation . . 1,033.84 2,067.07 Maintenance and Operation, and Extraordinary Operating Expense . . . 1,426.47 2,852.07 TOTAL COST .......$ 8,376.48 $16,747.44 Cost per Month......$ 698.04 $ 1,395.62 Average Cost per 1000-Gals. $ 0.02619 $ 0.02619 Los Angeles, Calif., February 4, 1930.