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authorized the Statewide Water Supply Initiative (SWSI), which implemented a ÍÞðíóïïð collaborative approach to water resources issu es by establishing SWSI roundtables. The SWSI focused on using a common technical basis fo r identifying and quantifying water needs and issues. or The Colorado Water for the 21st Century Act provides a permanent forum for ØÞðëóïïéé broad-based water discussions. It creates tw o new structures: 1) the Interbasin Compact Committee (IBCC), and 2) the Basin Roundtables. There are nine Basin Roundtables based on Colorado's eight major river basins and the Denver metro area. created the Water Supply Reserve Account. Throughout SWSI and Colorado Water for ÍÞðêóïéç the 21st Century Act processes, there has been a clear recognition that financial assistance is needed to address the water challenges in our state. This legislation funds the Water Supply Reserve Account (Account), which directs the Stat e Treasurer to annually transfer $10 million from the Operational Account of the Severance Tax Trust Fund to the Account. These monies are available to the Basin Roundta bles to fund water activities. created the Colorado Water Conservation Board's Intrastate Water Management and ØÞðêóïíèë Development Section, which implements SWSI, the Water Supply Reserve Account, develops reconnaissance level water supply alternatives, an d tracks and supports water supply projects and planning processes. Figure 1 - Enabling Legislation Addressing Colorado's Water Challenges Analyze the availability of water supplies Þ¿·² Î±«²¼¬¿¾´» Î»°±²·¾·´·¬·» including unappropriated waters within the basin The responsibilities of th e basin roundtables can be Propose projects or non-structural methods for grouped into three categories: procedural, meeting water supply needs and utilizing substantive, and public involvement. unappropriated waters where appropriate Ð®±½»¼«®¿´ Ð«¾´·½ ×²ª±´ª»³»²¬ Each roundtable has adopted bylaws that include Equally important to selecting members of the the roundtable's goals, objectives, and operating IBCC and developing a basin-wide water needs procedures. These bylaws re flect the specific needs assessment, the roundtables serve as a forum for of the roundtable and reflect the uniqueness of public involvement. The roundtable activities are each basin. required by law to be open, public meetings. The The basin roundtables have developed procedures roundtable process creates an expanded foundation and each roundtable has selected two members of for public involvement. the IBCC. ×²¬»®¾¿·² Ý±³°¿½¬ Ý±³³·¬¬»» Í«¾¬¿²¬·ª» The other structure created by the Colorado Water The most extensive substantive responsibility for the 21st Century Act is the IBCC. This is a 27- assigned to each basin roundtable is to develop a member committee established to facilitate basin-wide water needs assessment. This is to be conversations between basins and to address performed in cooperation with local governments, statewide issues. The IBCC brings the issues of each area water providers, and other stakeholders. The roundtable to a statewide forum. Colorado Water for the 21st Century Act states "Using data from the Statewide Water Supply ×ÞÝÝ Î»°±²·¾·´·¬·» Initiative and other appropriate sources and in The Colorado Water for the 21st Century Act gives cooperation with the ongoing Statewide Water the IBCC a series of responsibilities. These include Supply Initiative, develop a:" establishing bylaws, developing a charter, and Basin-wide consumptive and nonconsumptive creating a Public Education and Outreach Working needs assessment Group: