WSP09766

• File Number: 8443.100
• Description: Narrows Unit - Project Description
• State: CO
• Basin: South Platte
• Water Division: 1
• Date: 8/1/1966
• Author: US DoI BoR
• Title: Narrows Unit Colorado South Platte Division Missouri River Basin Project Appendix IV - Agricultural and Project Economics
• Water Supply Pro - Doc Type: Report/Study

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Narrows Unit
January 1967

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

Item

With supplemental water
Per farm Per ac.-ft.

Gross farm income
Less farm expenses*
Net farm income
Less return to family labor and
management and equity accumulation
Payment capacity at farm
Payment capacity at Narrows Dam

.$34,849
20,257
14,592

11,969
$ 2,623

$11.42 Y
7.09 "E../

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

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~ Computed by dividing the .$2,623 of payment capacity of the
representative farm by 229.72 ac.-ft., which is the average
'luantity of supplemental water to be delivered to the farm
headgate.

~ Adjusted to reflect 38 percent losses sustained in conveying
the supplemental water from the reservoir to the farm.

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

Per ac.-ft. of Gross Net
Item For the repre- supplemental water irrigation il'rigation
sentative farm At farm At reservoir'y lJenefi ts tenefi ts 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 d 1.02 0.63 6~,000 16,200
Total 5,722 '$24.91 '$15.46 $1,69 ,000 $1,631,500

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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.

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