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<br />. <br /> <br />. <br /> <br />0j <br />.,... <br />~ <br />i..\.! <br /> <br />demands did not occur causing the Yellow Jacket planning effort to stall. The <br /> <br />1976 Yellow Jacket Project plan was again presented in the Bureau's 1980 <br /> <br />Upper Colerado Resource Study. <br /> <br />Scope of Study <br /> <br />A feasibility level study has been made to measure the ability of <br /> <br />irrigators to repay project costs and to identify agricultural benefits <br /> <br />generated by irrigating project lands. This study is not an indexing of <br /> <br />previous agriculture studies but a new study which stands on its own. A new <br /> <br />farm survey conducted in the project area in the fall of 1982 serves as the <br /> <br />base for the study. The benefit analysis does not follow the procedures <br /> <br />outlined in the Principles and Standards, which are the current rules and <br /> <br />regulations used by all Federal agencies fer calculating irrigation benefits, <br /> <br />but follows the procedures recommended to the Commissioner of Reclamation by <br /> <br />his special task group organized to develop alternative methods fer measuring <br /> <br />irrigation benefits. <br /> <br />Farm Budget Method <br /> <br />Payment capacity and benefits were estimated using the farm budget <br /> <br />method of analysis which models the complete farm operation of typical farms <br /> <br />in the project area. The payment capacity analysis assumes conditions <br /> <br />anticipated at the time of delivery of project water reflecting the ability <br /> <br />of irrigators to pay for water. The benefit. analysis represents conditions <br /> <br />anticipated 15-20 years after the first delivery of project water. This more <br /> <br />fairly represents benefits which would occur over the whole life of the <br /> <br />project. <br /> <br />2 <br />