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upr000063-131
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I agree.Deficiency in Granted Increase When Joint Facility Rents are Computed Using Capital Base as Average of Investment Cost and Original Cost, and Six Percept Return 1951 Operating Revenue Estimated under former rates $>242,200 Added revenue estimated by Commission 25,112 Total Operating Revenue under prescribed rates $> 267,312 Operating Expenses Operation and Maintenance Administrative and General Expenses Depreciation Joint Facility Rents Taxes - State, county and city Federal, other than income Total OperatingExpen.se (Excl. F.I.T.) | 36,000 * 42,900 * 12,07S * 129,33S ** 22,000 * 700 * 243,016 Net Before Federal Income Tax 24,296 Federal Income Tax 6,074 Net Available for Return | 18,222 3ase - Used in decision Water rights Total Rate Base Rate of Return Under Prescribed Rates 1618,929 30,000 $ 64S,929 n Deficiency in Revenue of $267,312 to Yield 6% Return of 6% on $64S,929 $ 3S,935 Federal Income Tax 24,150 Operating Expenses 243,016 Cress Revenue Required 306,101 Estimated Gross Revenue under former rates 242,200 Needed Increase in Gross Revenue 63,901 Granted Increase 25,112 Deficiency in Granted Increase $ 3S,7S9 & From P.S.C. Decision - page 21 ** See computation - page 2 SCHEDULE III Page 1