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Transcription
52 VII CONCLUSIONS It would accordingly appear that the 42.5$ over-all average increase in water rates that is required to yield the Las Vegas Land and Water Company a reasonable earning is fully warranted and not excessive, because: 1. Such increase will only return a modest earning on a reasonable capital base. 2. That with the high quality of water furnished and the high per-capita consumption, the proposed rates on the average are low when compared with most water rates elsewhere. 5. That the increase is considerably less than the decrease in the purchasing value of the dollar suffered by the company. 4. That the general increase in income of the water users is far in excess of the increase sought for water service charges.
