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D A T A ^ K E N f r o m t h e v a l u a t i o n e x h i b i t ^ f t h e l a n d a n d WATER CO. As of December 31^L949* Basis of Valuation Production Facilities ___ Railroads Land and Water Company TOTAL 1 . 2. 3. Investment Cost Land Improvements Water Rights 34,986 765,397 711,395 30.000 34,986 1,476,792 30.000 Total $ 800,383 741,395 1,541,778 Original Cost Land Improvements Water Rights $ 1 75,900 779,254 $ - 803,011 30.000 $ 75,900 1,582,265 30.000 $ 855,154 $ 833,011 $ 1,688,165 Pres ent-day-cost Land Improvements Water Rights $ 75,900 1,120,900 $ 1,073,204 30.000 $ 75,900 2,194,104 30.000 Total $ 1,196,800 $ 1,103,204 $ 2,300,004 Land: 1230.74 acres total. Only 679*42 acres charged to water works $67,900 plus fi/W Easements over other RR land 8,000 Explanation of land entiy 75,900 Intangibles: No entries for Organization expenses, franchises, service connections, or General Overhead Expenditures (which, they say, might total $142,000) Water rights value based on a 1931 ruling of the PSC, which was $2000 per cubic foot per second. Their flow is about an annual average of 15 cubic feet per second. Quotes Greeley and Hansen Report, as estimating $81.80 per MG delivered in Las Vefcas, whereas their water costs only $54*72 per MG. Depreciation: Must be subtracted from the above valuation totals. 1,79% on Production system, and 1.94$ on Distribution system. Present-day-Costs The valuations are depreciated to: Production- Distribution Total for all Operating Revenues: Estimated for 1950 $222,000 Asking for an increase of 42$ 93.200 Total required revenue $ 315,200 Donations: Real Estate Subdividers put up in last 5 years $263,524*63 to finance extensions, all of which is unrefunded. Operators put up all cost plus 10$. Get back 50$ of the monthly water bills for the next ten years period. This began to amount to something in 1944, and has been increasing ever since. In 1951, the estimate for donated extensions is $230,000. $1 , 034,000 854.800 1,888,900 HFC