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I I I I I I I I I I I . . .. I I I I . 0236 The present ownership of Ft. Lyon shares and delivery of water by division and also by county is shown below (Smith 1993): Canal Division La Junta Division Horse Creek Division Las Animas Division Limestone Division Lamar Division Share Ownershio and Deliverv Percentaee 2% 14% 23% 28% 33% Principal County Otero County Bent County Bent County Bent County Prowers County Of the 365 stockholder headgates, there are approximately 18 major headgates which serve multiple users, some of which have been organized as lateral companies. There is no distinction made by the Ft. Lyon Canal Company in its prorated delivery of water to either individual stockholder headgates or to lateral headgates. The company has no responsibility for shareholder delivery beyond the channel of the Ft. Lyon canal. The canal company's standard practice is that deliveries of water to shareholders begin in the upstream division of the canal. When delivery has been made to aU laterals in a division, delivery is then shifted to the next lower division. Once water has been delivered to all divisions a run has been completed. During each run a shareholder receives a release of approximately 0.015 cfs per share into his lateral for 48 hours. This is also known as a 150% delivery. When there is reduced flow in the canal, the ditch riders extend the delivery time to allow the full allotment to be released. The delivery times for the reduced flow is as follows (Fort Lyon Canal Company 1983): 150% 125% 100% 75% no extra at 48 hours 10 minutes per hour (8 hours over on 48 hours) 20 minutes per hour (16 hours over on 48 hours) 30 minutes per hour (48 hours over on 48 hours) 56 hours/run 64 hours/run 96 hours/run When the Ft. Lyon Canal is restricted to its most senior direct flow water of 165 cfs, it requires approximately one month to complete a run. When the canal is running its full 933 cfs, shareholders usually receive water two days out of every four (Tipton and Kalmbach 1987). The operations of the canal company are financed through assessments of the shareholders. The 1991-1992 assessments were $11.75/share and the 1991-92 operating budget for the company was $1,136,630. Included within the budget were assessments of $1.00/share for water purchase and $1.00/share for special projects. The 1991-92 assessment description and operating fund budget is included as Table A3.2 of Appendix 3. 3.7