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,~ ,-. '; SECWCD -, a r:1 ~ to -.1 o Repayment Contract Status 1997 Payments $4,473,338 Total Payments '82 to '97 $50,502,498 Other Payments $528,944 ........... ............... "': :::::::~:~:~ :~:~ :~: ~:~:~:~:~:~:~:~:~:~:~: ..................... ..................... \:.:.:::.........::m: Winler Water $169.743 Other Payments $5.705.038 Debt Payments $3.078.695 Project Waler $695.956 ,."....... '-............. '............... ................. ................ ................ ................ .............. ......................... -........................., ........................... .........................., ........................... .,....................................................'..,. ..:.::::::::::~:~~~~j?~~:~i~i~~jr~;i[;j;i;ji;ij!!i!ij!jj!~m;:[:[::;;~;~i~~~~~:~:~:::::::::.:.. Winter Wale $2,396.971 Debt Payments $35.239.267 Project Walel $7,161.222 ------~-----_._-------------------------------------------------- The two charts above show the payments the District made to the U.S Bureau of Reclamation toward repayment of the reimbursable costs of the Fryingpan-Arkansas Project The chart on the left reflects the payments that were made 10 the Bureau in 1997 from all sources-Debt Payments, Project Water, Winter Water Storage, and Other Payments Debt Payments are the District's property tax collectIons which are due the Bureau Debt Payments to the Bureau from property taxes now total 95% of all District property tax collections Other Payments are payments fo'r storage and delivery contracts of non.proJect water which use Project facilities Total payments to the Bureau in 1997 were $4.473,338 (not includmg the Fountain Valley Authonty payment). All revenue from the annual allocation of Project Water ($920 per acre-foot). and all revenue from the storage charge on Winter Waler ($365 per acre-foot) are transferred tn.full directly to the Bureau The chart on the right shows the total of all payments made to the Bureau of Reclamallon since the Repayment Contract was signed by the District in 1982, The Contract requires that revenues are flrSI applied to the annual operation and mamtenance costs, then to the interest on the Municipal and Industflal (M&l) debt Obligation. then to the M&I unpaid pnnclple, and lastly to the Irrigation debt obligation Total Payments 1982 to 1997: $50.502,498. Based upon the Bureau's Final Cost AlIocallon of Project construction costs, the repayment Obligation for M&I IS $55.789.764 (not including the cosls for the Fountain Valley Authority Prpeline). and $73,314 786 for the Irrigation portion Total Reimbursable Costs: 5129,104,550. As of September 30,1997 (the end of the Bureau's fiscal year) the Bureau has credited $17 148,833 toward repayment ($3.619.523 lITIgation and $13.529.310 M&!) Remaining Unpaid Balance as of September 30.1997:$70.729,470 Irrigation and 544.359.175 M&I. 15