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Digital Provenance
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Publisher
University of Nevada, Las Vegas. Libraries
Transcription
SUMMARY OF OPERATIONS UNDER PRESENT RATES LAS VEGAS LAND AND WATER COMPANY ~ LAS VEGAS WATER UTILITY DIVISION ESTIMATED YEAR 1950 With Federal Income Tax 3 8 $ 45$ Total Operating Revenues (estimated) | 214,000 $ 214,000 Operating Expenses - Operation and maintenance 25,000 25,000 Administrative and general expenses 42,000 42,000 Depreciation 13,650 15,650 Wholesale water 124,665 Taxes - 154,743 Gounty and City 25,900 23,900 Federal Income — — Total Operating Expenses $ 229,215 $ 239,293 Net Available for Return ($15,215)* ($25,293)* Rate Base $ 859,000 $ 859,000 Computation of Deficiency in Revenue With Federal Income Tax 58$ ?— ¥5%----- 6^ Return $ 53,688 $ 55,688 License Tax 2,574 2,534 Federal Income Tax 52,875 43,927 Operating Expenses 227,610 237,688 Total - Required Gross Operating Rev, f 3Y6,54S f 337,837““ Gross Revenue (present rates) 214,000 214,000 Deficiency in Gross Revenue $ 1 0 2 , 5 4 5 $ 1 2 3 , 8 3 7 Per Cent 47.9$ 57.9$ ( )* Red figure
