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BOARD00035 (2)
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Last modified
8/16/2009 2:43:02 PM
Creation date
2/15/2007 1:46:24 PM
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Board Meetings
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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<br />Funding Accounts .J uly 06 January 07 July 07 July 08 July 09 <br />Source <br />State $10 million $10 million $10 million $10 million <br />Treasurer <br />Transfers ~ ~ ~ <br /> Statewide $5.5 million $5.5 million $10 million $10 million <br /> Account available added to any added to any added to any <br /> (after transfer remaining remammg remammg <br /> of$4.5 balance balance balance <br /> million to (trans fer <br /> basin additional <br /> accounts $4.5 million <br /> to basin <br /> accounts <br /> Basin $4.5 million $4.5 million <br /> Account( s) ($500k/basin) ($500k/basin) <br /> <br />Notes regarding this table: <br /> <br />. Monies from the Statewide Account will be allocated in March and September of <br />each year based on the eligibility requirements and threshold and evaluation <br />criteria outlined in this document. <br />. Monies from the Basin Accounts will be allocated at the CWCB's bimonthly <br />Board meetings based on the eligibility requirements and threshold criteria <br />outlined in this document. <br />. The cumulative maximum funds available from the Basin Accounts is $9 million <br />dollars with $1 million dollars available per roundtable. <br />. The cumulative funds available from the Statewide Account is $31 million <br />dollars. <br />. The above cash management schedule will remain flexible to ensure that funds <br />are available for water activities. The CWCB will strive to ensure that funding is <br />available for each funding cycle, while at the same time addressing applications to <br />fund water activities. <br />. In January 2010 any uncommitted (not under contract) monies remaining in any <br />Basin Account will be transferred to the Statewide Account. <br />. On June 30,2010 any uncommitted (not under contract) monies remaining in the <br />Statewide Account will revert back to the Operation Account of the Severance <br />Tax Fund. <br /> <br />8 <br /> <br />Final Draft <br /> <br />July 12,2006 <br />Rev. I July 17, 2006; Rev.2 July 31,2006; Rev. 3 August 4, 2006; <br />Rev. 4 August 9,2006; Rev. 5 September 15,2006; Rev. 6 September 18,2006 <br /> <br />, I <br /> <br />. <br /> <br />. <br /> <br />. <br />
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