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RESULTS OP OPERATION LAS VEGAS LAND AND WATER COMPANY LAS VEGAS WATER UTILITY DIVISION YEAR 1949 : Recorded Adjusted Total Operating Revenue #202,390 #202,390 Operating Expenses - Maintenance of distribution mains Administrative salaries Other general office salaries General office supplies & expenses Law expenses Other miscellaneous general expenses Depreciation expense Pensions Management expense Wholesale water (joint facility rents) Taxes ($5578 License Tax included 20,057 14,675 9,492 1,014 3,270 1,515 6,867 1 ,0 0 0 105,764 21,040 20,057 14,675 9,492, 1,014 3,270 1,515 8,835 1 ,0 0 0 9,046 118,900 21,040 Total Operating Expenses #184,694 #208,842 Net Available for Return # 17,696 (#6,452) Rate Base 565,000 565,000 Return at 6|$ 35,313 35,313 Income Tax at 58$ 21,643 28,892 Operating Expenses - Exclo license tax 184,316 208,464 License tax—^ 472 535 Total Required Gross Revenue #241,774 #273,202 Gross Revenue 202,590 202,590 Deficiency in Gross Revenue - Amount # 39,384 # 70,812 Per Cent 19.5$ 35.0$ 1 / City license tax in effect during last quarter of year ( ) Red figure