Sma a STITT gmren Xo 
THOMSON'S MANUAL 
SEATTLE MUNICIPAL LIGHT & POWER DEPT. 
GENERAL OFFICE: County-City Bldg. Seattle, Wash. 
HISTORY: On Jan. 31, 1902, Seattle's municipal light and power plant began 
with authorization of $590,000 in bonds to construct a generating plant on Cedar 
River. Two 1,200 kw. generators were officially started Oct. 14, 1904. The Cedar 
River plant was expanded until in 1914 a, total of 40,000 kw. was developed. 
which was insufficient for city’s growing needs. 
In 1914 a steam plant of 7,600 kw. capacity was opened on Lake Union. 
In 1917 the city applied to the Federal government for a permit to develop 
hydro-electric power on the Skagit. This was granted on Jan. 18, 1918, and con- 
struction of two 30,000 kw. generating units immediately began at Gorge. On 
Sept. 27, 1924, the Gorge power house was officially opened. 
In December, 1926, permission was received from the Federal ‘government 
for further development on the Skagit at Diabolo, and construction work started 
on a tunnel and power house to contain two 55,000 kw. generating units. 
The city’s Skagit River development is said to have an ultimate possible 
maximum of one million horsepower. 
SUPERINTENDENT: J. D. Ross. 
INCOME STATEMENT 1903 TO 1929 
Revenues Expenses Depreciation 
15,470 22.659 
116,826 A220 
195,881 Ne 
315,756 Le” 
163,662 sgt 
292,54¢C or 
r1 2 92¢ 
2,33" 
“04,87! 
,045,57¢ 
,063,731 
,205,5634 
259,808 
~ 29,766 
087,563 
1778,651 
218: 
TEI CT 
€f2,96E 
£1,7¢ 
Va 
Surplus 
$ 18,876 
11,025 
24,086 
26,5633 
99,459 
103,427 
152,541 
191,696 
274,657 
840,967 
192,083 
409,518 
100,331 
371,500 
473,995 
655,469 
952,987 
694,303 
785,600 
700,097 
414,443 
349,760 
582,549 
992,305 
594.314 
LO08.civesnsss 
1906............ 
1907... 
1208....... 
Leng... 
1c Na 
A -——— 
29,505 
5,231 
"4,42¢ 
3,06: 
5,637 
158 
03! 
232 
fal 
6° 
5,172 
09,258 
47,5683 
“44,128 
-73,422 
“80,932 
“n9,14 
9,17" 
49,029 
590,676 
635,509 
693,097 
742,492 
177.727 
oD 
N25 
Af 
34 
“9.4 
,0% 
59,87 
125,7¢ 
039,61 
185,1° 
193,8¢ 
,406,7¢ 
,633,265 
1,825,095 
2,062,265 
2,130,215 
2 794 481 
.,60f 
J,601 
8,89¢ 
196,451 
302,621 
2° 2,300 
“5,8€¢ 
2,13 
0 . - 
023, .31 
.,007,674 
1.012,674 
COVPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31 
ASSETR 19290 1928 1927 
Right of Way... __......... » 989,065 988,965 $ 988,965 
Land, Bldgs & Equipment .... 95,282,809 “5,110,588 23,607,675 
Special Construction .. .  .... 9,005,106 4,965,040 1,740,035 
INVESTMENTS ceeeooeeoemeeaeemanneceemamannassnnnne. =enen 113,340 “02,870 285,030 
3ink., Redemp. & Special ¥und ._... .. ¢ 1,530 0,906 592,926 
CIBAEL oe cmsrmman mma mn smn wes san wamimm das ARS HS SA i i 1 “6,687 2599 3,836,684 
Bond Sink. & Redemption Deposits........ 1,425 560 42,0517 
Fund Loans Payable ._.......... emma 1,230 ..4,573 5,607,479 
Accounts Receivable .ceceevcccecs eens 1,986 wh 061 1.045.980 
Receivable on Bond Sale............ . ..... 2,600 or ememana J 
Materials and Supplies.....cccceceeeeececceccaes 5,635 2.1 #168 1.872,481 
Merchandise for Sale. ...ecececeeeeeens 2,676 £1,704 .3,331 
Other Assetd .......... aan 26,352 J, C& 48,074 
Unadiusted Debits ......... ee .T72,299 2.44004] 1,967,743 
TOTAT, ASSETS oon. 849.826.641 $42.993.903 $40.963.464 
LIABILITIES — 
Bonds Outstanding ..... ........ 
Warrants Outstanding ....... . 
Fund Loans Payable... co 
Reserve for Claims_........ oo. 
Unaudited Claims oomiiiianes 
Accrued Interest iin, 
Consumers’ Deposits inn. 
Deferred Liabilities oot 
Unadjusted Audits 
BUTTONS rns nominees som sane ws ams smn 
TOTAT., LIABILITIES oes 
reer $31,391,000 
327,282 
5,140,230 
734,783 
157,976 
381,265 
"3,386 
232,097 
18,90 
269.725 
10 R926.641 
$26.305,000 
£5,129 
1,224,753 
756,927 
788,749 
323,001 
623 
50E 
1 1,764 
10,265,562 
£42.993,903 
$25,591,000 
72.674 
5,067,479 
591.503 
191,328 
316.002 
86,292 
37,301 
17,796 
8.992.083 
240) 063 464