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Transcription
15 SUMMARY OP OPERATIONS UNDER PRESENT RATES LAS VEGAS LAND AND WATER COMPANY LAS VEGAS WATER UTILITY Fixed Capital at Original "Cost TABLE II 1950 1951 Estimated TOTAL OPERATING REVENUE #222,145 #242,200 OPERATING EXPENSES Operation and Maintenance 37,638 36,000 Administrative and General Las Vegas office 30,719 30,000 Rate case expense 6,336 3,000 Adequacy of water, Case No. 1207 2 , 6 6 6 - Management expense 9,508 9,500 Office rent 1,800 1,800 Pensions 587 - Subtotal - Administrative and General # 51,616 $ 44,300 Depreciation 13,854 17,181 Joint Facility Rents 142,326 147,566 Taxes State, county and city 22,015 22,165 Federal, other than income 672 675 Total Operating Expenses #268,121 #267,887 NET AVAILABLE FOR RETURN #(45,976) $(25,68*7) RATE BASE #657,100 #750,300 Deficiencies in Gross Revenues Under Present Rates Return at 6 ^ # 41,069 # 46,894 Federal income tax 21,941 31,208 Operating expenses 268,121 267,887 Total - Required Gross Revenue #331,131 #345,989 Gross Revenue (Present rates) #222,145 $242,200 Required Increase - Amount #108,986 $103,789 Per Cent 49.06 42.85 (___) Red figure
