BOARD00035 ‎(2)‎

• Board Meeting Date: 9/20/2006
• Description: IWM & D Section - Water Supply Reserve Account - Draft Criteria and Guidelines
• Board Meetings - Doc Type: Memo

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STATE OF COLORADO

Colorado Water Conservation Board

Department of Natural Resources
1313 Sherman Street, Room 721
Denver, Colorado 80203
phone: [phone]
FAX: [phone]
www.cwcb.state.co.use

MEMORANDUM

Bill Owens
Governor

To:

Colorado Water Conservation Board

Russell George
Executive Director

From:

Rod Kuharich, Director
Rick Brown, Intrastate Water Management and Development

Rod Kuharich
CWCB Director

Date:

September 20, 2006

Dan McAuliffe
Deputy Director

Subject:

Agenda Item 17, September 19-20 Board Meeting,
Water Supply Reserve Account - Draft Criteria and Guidelines Water Supply Reserve
Account

Senate Bill 06-179 was pasted by the 2006 legislature and signed into law by Governor Owens. The
legislation establishes the Water Supply Reserve Account (Account). Pursuant to the legislation, the
Colorado Water Conservation Board (Board) has a number ofresponsibilities including the requirement to
jointly develop, with the Interbasin Compact Committee (IBCC), criteria and guidelines for allocation of
funds from the Account.

The Board was provided with an overview of the initial draft criteria and guidelines at your July 2006 meeting
and staff requested that the Board authorize staff to work with the joint Board and IBCC subcommittee and
the full IBCC and basin roundtables to develop a final draft. The mcc was provided copies of the draft
criteria and guidelines and staff led a discussion of the document at the August mcc meeting. At the time of
the writing of this memo staff is still obtaining comments from the basin roundtables and the subcommittee is
scheduled to meet on September 15. Staffs goal is to incorporate comments from the subcommittee and
roundtables prior to forwarding a revised draft to the Board. Given the schedule it is not possible to include a
revised draft with this memo. Staff will provide copies of the revised draft a soon as possible following the
September 15 subcommittee meeting.

Overall feedback and comment on the criteria and guidelines have been positive. Several important and
valuable revisions have been made. There are still several areas where there is not complete agreement and
these issues will be discussed at the Board meeting.

Board Action

Staff would like to finalize the criteria and guidelines as soon as possible. Based on comments from the
IBCe and initial feedback from the roundtables it may not be possible to request that the Board adopt final
criteria and guidelines at the September meeting. However, staffwill make every effort to develop a "final"
document for Board discussion at your September meeting.

Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection
Water Supply Protection. Conservation and Drought Planning