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upr000270 116

Information

Digital ID
upr000270-116
Permalink
http://n2t.net/ark:/62930/d1x92408m
Details
Member of
LVLWC Las Vegas, Nevada - water conservation program (1 of 2)
Rights
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Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries

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