WSP11881

• File Number: 8443.400
• Description: Narrows Project - Reports
• State: CO
• Basin: South Platte
• Water Division: 1
• Date: 8/1/1966
• Author: US DoI BoR
• Title: Narrow Unit Colorado South Platte Division Missouri River Basin Project Appendix I - Designs and Estimates
• 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 fam 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

n,969
$ 2,623

$n.42 a/
7.09 ~

* 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
representative farm by 229.72 ac.-ft., which is the average
quantity 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 irrigation
sentative farm i'lt farm At reservoir JJ uenefi ts tenefi ts ;;j
Direct $4 , 702 $20.47 $12.71 $1,394,000 $1,410,000
Indirect 785 3.42 2.12 233,000 205,300
Public ~ 1.02 0.63 6t,000 16,200
Total 5,722 $24.91 $15.46 ipl,69 ,000 ~51,63l,500

y

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

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

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