WSP09076

• File Number: 8443.300
• Description: Narrows Project - Legislation
• State: CO
• Basin: South Platte
• Water Division: 1
• Date: 8/1/1966
• Author: US DoI
• Title: Report on the Narrows Unit Colorado
• Water Supply Pro - Doc Type: Report/Study

,.,~t-.;"
..lJ',)

Narrows Uni t
August 1966

IRRIGATION (Continued)

Farm Budget Summary, Repayment (Agricultural index of 250/265)

Item

With supplemental water
Per farm Per ac.-ft,

Gross farm income
Les" farm expensesJ<-
Net farm income
Lefis return to family labor and
management and equity accumulation
Payment capacity at farm
Payment capacity at Narrows Dam

$34,849
.20,257
l~" 592

11,969
71; 2,623

$11.42 0./
7009 ~

* Includes ad valorem taxes for Northern Colorado Water Conservancy
District (Colorado-Big Thompson Project) and for Lower South
Platte Water Conservancy District (Narrows Unit).

~ Computed by dividing the $2,623 of payment capacity of the
representati ve farm by 229.72 ac. -ft., which is the average
quanti ty of supplemental water to be delivered to the farm
l1eadgate.

:!2/ Adjusted to reflect 38 percent losses sustained in conveying
the supplemental water from the reservoir to the farm.

Benefits Sununary Table (based on agricultural price indexes of 250/265)

Per ac.-ft. of Gross Net
Item For the repre- supplemental water irrigation irrigation
sentative farm At farm At reservoir 1/ benefits benefits gJ
Direct $4,,702 $20.47 $12.71 $1,394,000 $1,410,000
Indirect 785 3.42 2,12 233,000 205,300
Public 235 1.02 o '0 69,000 16,200
.'J..j
Total $5,722 $24091 $15.4ti $1,696,000 $1,631,500

.1/

Represents the per ac.-ft. value at the farm adjusted to reflect
38 percent transportation losses of water from the reservoir to
the farm.

After adjustment for $80,500 of adverse effects and direct savings
of $16,000 in OM&R expenses.

~/

5