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Section 11 <br />Implementation <br />projects in a fiscally prudent manner. Costs attributed to <br />water acquisition, storage, treatment, transportation, <br />project mitigation, and other factors are rolled into a rate <br />structure that finances these projects. There is currently <br />no mechanism for rolling costs related to recreational or <br />environmental enhancements unrelated to specific <br />project mitigation into that equation. <br />One ongoing activity that should include the Board and <br />its staff is a dialogue about whether a consensus can be <br />developed regarding potential payment mechanisms to <br />account for environmental and recreational <br />enhancements. These recommendations could be <br />presented to the CWCB and/or the State Legislature for <br />action. In addition, the CWCB should: <br />^ Utilize the list of identified projects and processes to <br />conduct outreach and education regarding the <br />CWCB's loan program and other fiscal services <br />available to water users and interest groups. <br />11.6.3 Water Supply Protection Tasks <br />The Water Supply Protection Program is directed by <br />statutory requirements for the CWCB to protect the <br />authority, interests, and rights of the state and its citizens <br />in matters pertaining to interstate waters of the State of <br />Colorado. Under these statutes, the CWCB is required to <br />cooperate with federal agencies and other states to <br />better utilize the waters of the State of Colorado, develop <br />legislation to secure greater beneficial utilization of these <br />waters, and recommend mitigation to maintain a balance <br />between water development and protection of the state's <br />fish and wildlife resources. <br />One of the most commonly asked questions during the <br />SWSI process was how much water is available to the <br />state to develop. While on its face this is a seemingly <br />simple question, the answer is far more elusive. Indeed, <br />the inability to answer that question has been a source of <br />frustration for many. <br />^ Analyze how the state could help meet the need for <br />rural water supply delivery systems. <br />^ Categorize, target and prioritize financial assistance. <br />"Major" water suppliers don't need or want state <br />involvement, smaller entities can't succeed without it. <br />^ Identify how much financial assistance should be set <br />aside annually to help targeted entities get the <br />technical assistance they need for projects and <br />programs, whether from the state or private entities <br />such as engineering consulting firms. <br />^ Make recommendations to the Board about the need <br />for future project reconnaissance and feasibility <br />studies that can aid the state in meeting needs, <br />without simply relying on water suppliers to request <br />such support. <br />^ Build higher awareness of existing state and federal <br />loan and grant programs, and assessing the need to <br />expand or revise them. <br />^ Identify and exploit federal funding opportunities. <br />~ <br />$~ole'ri~ice Wo~e' $upplY Initia~ive <br />There are two principal reasons why SWSI has not yet <br />produced an agreed upon answer to that question. First, <br />there are many variables related to supply, and no <br />consistency among water interests in how to define each <br />variable. These include: <br />^ Existing water rights. <br />^ Current and future water demands. <br />^ Conditional water rights. <br />^ Hydrologic conditions. <br />^ Compact interpretations. <br />^ Federallaws. <br />^ Operations of existing and future facilities. <br />^ Endangered species. <br />^ Environmental and recreational needs. <br />We need to develop a common understanding of each of <br />these variables before this question can be answered in <br />a manner where there is more agreement. <br />~~ <br />S:\REPORT\WORD PROCESSING\REPORT\S11 11-10-04.DOC 11-11 <br />