Laserfiche WebLink
With regard to getting the CWCB more money from the <br />operational account, I’d just start with a reminder that 25 <br />percent of the Severance Tax Fund goes into the Perpetual <br />Account. A hundred percent of the Perpetual Account goes to the <br />CWCB Construction Fund. <br />So, the CWCB already gets 25 percent of the severance tax, <br />plus they get 5 percent -- so then, like, if you think about the <br />severance tax as a pie, half goes to DOLA, half goes to DNR. <br />And of the half that goes to DNR, half goes into the Operational <br />Account and half goes into the Perpetual Account. Perpetual <br />Account, a hundred percent already goes to fund water projects. <br />That's where the Construction Fund money comes from. <br />The Operational Accoun t, which is what Senator Isgar's bill <br />talks about, CWCB only gets 5 percent. And this would give them <br />then the sweep, or there might be an amendment coming. I don't <br />know. I've heard the rumors that there might be a change to <br />that. But, it gives them mo re money out of the Operational <br />Fund. They still have -- they already have 25 percent. <br />If we can't -- and the severance tax, as you all know, is <br />growing. So our perspective, if the problem is that little <br />entities need money for feasibility studies, then the <br />appropriate statutory changes to change the statute about the <br />Perpetual Fund would just create the Perpetual Fund and make it <br />- 6 - <br /> <br />