CO129-572-14 Proposed reorganisation of water services 7-4-1938 - 3-4-1939 — Page 61

1. Staff Charges.

Appendix I.

COST OF WATER SUPPLY ON 1937 BASIS.

(a) Salaries, including leave salaries, acting pay and

overtime

(b) Passages

(c) Transport

(d) Housing (approx.)

(e) Cost of Treasury staff (approx.)

(f) Pension Contribution @ 15%

238,597

22,128

9,850

17,500

10,000

32,552

330,627

2.

Maintenance Charges.

(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

1,010,800

(b) Expenditure from Revenue (estimated up to end

of 1937):-

Finally charged

"Advanced"

Interest at 2%

Actual Revenue for 1937

2% Rate

$

15.578,000

3,090,000*

$ 18,668,000

373,360

1,384,160

GRAND TOTAL

2,306,621

Meter and Fire Service rental and Excess consumption

706,739

1,898,856

2,605,595

Less 20%

521,119

Net revenue

2,084,476

*When a 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.

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