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<br />~ <br /> <br />. <br /> <br />:;i <br /> <br />~' <br /> <br />The cost of operations in this year was some $178,000 less <br />than the preceding year. a reduction of 6%. Of this amount the <br />project, in its own operations, achieved a saving of $80,000 and <br />the operating agents $98,000, divided between the City of Los <br />Angeles for $85,000 and the Southern California Edison Company <br />for $13,000. <br /> <br />The principal items contributing toward the project's reduc- <br />tions are accounted for by certain major items of expense total- <br />ing $97, 000 incurred during the previous year but not currently <br />recurring. These were (a) the cost of Lake Mead sedimentation <br />surveys, $29,000, (b) the cost of the administrative survey of <br />Boulder City problems, $15,000, (c) the cost of nonrecurring <br />street pavement repairs and renewals in Boulder City, $25,000, <br />and (d) relocation and incidental maintenance of equipment in the <br />Boulder City substation, $28,000. Offsetting these reductions <br />was a nonrecurring cost in 1951 of $14,000 for making water eYllp~ <br />oration studies of Lake Mead. All other lesser decreases and <br />increases, amounting to a net increase of $3,000, reflect certain <br />operating economies, and decreased maintenance requirements, <br />despite the unfavorable effect of a general wage increase benefit- <br />ing wage-hour employees. The latter had its impact on operating <br />costs during the last five months of the operating year. For ready <br />comparison, the following tabulation summarizes the costs of <br />operation over the latest five-year period. <br /> <br />t!JfWUltiwf <br />~HJM <br /> <br />~!p <br /> <br />9 <br />