Oakland Water Works Report

Issue 9 and Volume 53.

Oakland Water Works Report The annual financial statement of the People’s Water Company, of Oakland, Cal., for 1912, filed with the city clerk, shows an increase in general water rates of only $3,579.73 over 1911, but shows an increase of $48,187.42 in the book value of water supplied from Oakland reservoirs to other cities. In 1911 the water drawn from such sources amounted to $68,402,50, and in 1912 to $116,289.92. The structural depreciation was $188,979, and that for 1912 is $189,209.95. The taxes paid in 1911 and chargeable to the Oakland division of the system amounted to $109,026.68, and the total expenses were $432,368.92 and the total receipts, exclusive of water delivered to outside districts, $1,029,194.56. The taxes for 1912 are given at $110,439.95, the total receipts from Oakland service amounts to $1,042,253.14, and the total expenses $381,468.19. The reduction in expenses is attributed to a reduction in construction and…

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