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<br />I. <br />I <br /> <br />, <br />~' <br /> <br />I <br /> <br />I <br /> <br />~-- <br /> <br />f~ ., r~ 'f <br />,,-' ~..;..~- <br /> <br />October 15, 19.5] <br /> <br />BOARD OF DIRECTORS <br />THE METROPOLITAN WATER DISTRICT <br />OF SOUTHERN CALIFORNIA <br /> <br />Gentlemen: <br />There is transmitted herewit.h the report of The Metropolitan <br />Water District of Southern California for the fiscal year ending <br />June 30, 1951. This is the thirteenth annual report issued by the <br />District, and the eleventh that it has been my privilege to transmit <br />to you as General Manager and Chief Engineer. The first of the <br />eleven covered the final year of construction, which was actually <br />carried forward by Mr. F_ E. Weymouth. The remaining ten cover <br />operation and maintenance activities. <br />When the organization was changed from a con,truction to an <br />operating basis in 1941, it consisted of the 13 original cities, with <br />a groos area of 389,588 acres, a population of 2,1\)\),\)\)\), amI an <br />assessed valuation of $1,900,599,934. The area had been static for <br />several years, the population was slowly increasing, and asoessed <br />values had appreciably receded from the value of 1929-30. The tax <br />rate was $0.48 per $100_00 of assessed valuation, one cent below <br />the previous year. Water deliveries for the first operating year <br />totaled 15,400 acre-feet, 39 per cent of which was delivered free_ <br />In the following ten years, marked by war and postwar expan- <br />sion, as well as drought, the area has increased through annexation <br />to 721,850 acres, the population has grown to 3,593,000, and the <br />assessed valuation is now $4,693,043,290. The tax rate reached a <br />maximum of $0.50 in 1945-46. 'll1d thereafter steadily declined to <br />$0.31 for 1950-51 and water deliveries have increased to 166,915 <br />acre-feet in the same year. <br />The District comprises eighteen constituento, containing 35 citie_s <br />and extensive noncity areas. Before this report reaches you two <br />substantial units are to be added. Several other important annexa- <br />tions are pending. <br />The District is now approaching the peak of its bond service <br />requirement, as well as an exten,ive facility expansion program_ <br />Ample reserves for meeting these requirements are on hand_ <br />It is a pleasure to report the successful conclusion of the first <br />decade of operation, and to predict the continued succe:;sful per- <br />formance of this organization and it:; facilities far into the future. <br /> <br />Very truly your:;, <br />JULIAN HINDS <br />Genei'll/ Mana[/er and Chief En.l/in,,"!' <br />