93
Appendix I.
COST OF WATER SUPPLY ON 1937 BASIS.
1. Staff Charges.
(a) Salaries, including leave salaries, acting pay and
overtime
(b) Passages
(c) Transport
(d) Housing (approx.)
(e) Cost of Treasury staff (approx.)
() Pension Contribution @ 15%
2. Maintenance Charges.
$238,597
22,128
9,850
17,500
10,000
32,552
$ 330,627
(a) P.W.R. including 10% for office rent, incidentals,
typhoon damage, etc.
452,986
(b) P.W.E. items of recurrent nature (new meters, service
pipes, etc.)
98,848
(c) Waste prevention service (new charge)
40,000
591,834
3. Capital Charges.
(a) Expenditure from loan.
Interest and sinking fund charges on amount of
loan raised-$14,000,000
(b) Expenditure from Revenue (estimated up to end of
1937)
Finally charged
"Advanced"
Interest at 2%
GRAND TOTAL
1,010,800
$15,578,000
3,090,000*.
$18,668,000
373.360
1,384, 160
$ 2,306,621
Actual Revenue for 1937:
2% Rate.
Meter & Fire Service rental and Excess consumption ...
706,739 1,898,856
Less 20%
2,605,595
521,119
Net revenue
$ 2,084,476
* When
loan is raised and advances from revenue are repaid, interest at market rate and plus sinking fund charges will be payable instead of the 2% provided.