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<br />
<br />REPAYMENT CONTRACT STATUS
<br />
<br />During lhe YP.:H 2000, payments 10 Rl'cJclnhltion
<br />lut.lled $5,572,224. This tOI,ll was comprised of
<br />Prop!'rty T.1X('5 ($J,7B2,774), Winter W.llt'r Storage
<br />Charges ($]4,800), Project \Vatt'f Allocations
<br />($1,092.3 I 6) al1d olhl'r p.lY",l'I1I' ($ll I 4.1135l.
<br />
<br />2000 Payments S5,572,224
<br />
<br />Project
<br />Water
<br />,,%
<br />
<br />Winter
<br />Water
<br />1%
<br />
<br />The Properly l,lX portion of Ihe l>.1ynll'fll
<br />represents the Ad V.llort'lll l,lX collections during lhl'
<br />ye.H lh.lI .ue designatl'd ior repaynwnl oi the Fry.Ark
<br />Projecl. These designated taxes <lce-ollnt for <J5pefcellt
<br />of the Dislri< t's 101,,1 properly lax colll'ctions. One hundrt'd percenl oj the [('Vt'IlUl'S from Winh.'r Waler
<br />Slor<lge and Projl'rl W.:lIl'f allOGltions go directly 10 R('rlalll.lljon. Ollll'[ paynll'nb .He dire(! remill.1IlCCS
<br />10 R('cI,lOhllion jor use oj Ihe Fry-Ark Proj~'ct iacililies by v.uious wah'r lJ~l'r5 jor slorage ilnd delivery oi
<br />non. Project \'Valer .1m/ are also credill'd 10 the repayment of Projcct dpbf.
<br />
<br />~
<br />
<br />Property
<br />T..
<br />66%
<br />
<br />Other
<br />14%
<br />
<br />The Rep.lyment (onlr.let requires thai revenues
<br />first be applied 10 annu.ll oper.lIion .md mainten.met.'
<br />co')ts (O\\:M), Ihen 10 inleft'st on the Municip.11 <md
<br />Industri<'ll (M&I) balance (.1.046% per Jnnum), ne>;t 10
<br />M.\:/ dphl oblig.llion, and lastly 10 Irrig.llion debt
<br />ohligation. Payments to Reel.llllation jrorn 1982
<br />Ihrough September 30, 2000 total $()7,h42,377 ,1I1d
<br />h.we !wen .'lppJil'c! .15 ioffows: O&M costs $' 2,912,4.10;
<br />int~'resl $30,095,715 .\ml debt oblig.'llion p.1ynwnls oj
<br />$24,(>34,232 hroken nullo M&I $20,236,015 ilnd
<br />Irrigalion $4,JllB,217. The 200n payment of $5.572,224 was applied to O.\-M costs of $<}(J(1,5J7; .md
<br />interest oj $1,245,221, with the iinal $3,360,476 applied against Ihe remaining ohligalion.
<br />
<br />Allocation of Total Payments
<br />S67,642,377
<br />
<br />IrrigatIOn
<br />Paymeflts
<br />Inlll/est 1% M&I
<br />Paid c-J ~PaymenlS
<br />44% ~ 30%
<br />O&M
<br />Costs
<br />>9%
<br />
<br />Beginning Bala/lce, '982
<br />less: P.lyments (HY 19B2 - I <J99)
<br />
<br />M&I
<br />57.1111H.4115
<br />20,2](,.015
<br />
<br />Irrigalion
<br />74,J4H.YYJ
<br />4.JYll,217
<br />
<br />Tolill
<br />1.l2.237.4711
<br />24,1>34,232
<br />
<br />Ending B.11.mce, SqJ. 30. 19<J9
<br />
<br />37.(,52,470
<br />
<br />()IJ,950,77h
<br />
<br />11I7,('()3,24(,
<br />
<br />Anyone desiring a more dptaill'd .1I1.1Iysis oj the rl'jJaynll'nl conlr,lCllll.lY ronlarl thl'
<br />Distrirt ofiirc.
<br />
<br />17
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