Grants from the Account have also provided the
<br />means to conduct study/design work and project
<br />implementation. Figures 4, 5 and 6 show how the
<br />Account has supported both studyldesign and
<br />implementation aspects of water projects.
<br />$5,000,000
<br />$4,000,000
<br />$3,000,000
<br />$Z,ooo,000
<br />$1,000,000
<br />$o
<br />Figure 4. Total Funds for Consumptive Use Projects for
<br />Study/ Design and Implementation
<br />$Z,ooo,ooo
<br />$1, 500,000
<br />$1,000,000
<br />$soo,ooo
<br />$o
<br />Figure 5. Total Funds for Nonconsumptive Projects for
<br />Study/ Design and Implementation
<br />$?,ooo,ooo
<br />$6,000,000
<br />$5,000,000
<br />$4,000,000
<br />$3,000,000
<br />$Z,ooo,ooo
<br />$1,000,000
<br />$o
<br />Figure 6. Total Funds for Multi-Purpose Use Projects for
<br />Study/ Design and Implementation
<br />Observations
<br />The Water Supply Reserve Account Program has
<br />been a tremendous success. The Account has
<br />funded a mix of consumptive and nonconsumptive
<br />water projects and promoted multi-purpose
<br />projects throughout the state. The Account is
<br />integral to meeting our water supply needs with
<br />funding that was not available until the passage of
<br />the legislation.
<br />The annual review of the Criteria and Guidelines
<br />allow for program adjustments. While specific
<br />changes have not been needed to date, a few
<br />trends are emerging.
<br />? A number of requests have been for treated
<br />water distribution systems. Cut backs of
<br />financial resources for treated water projects
<br />have increased the attractiveness of the
<br />Account. It will be important to ensure that
<br />significant funding is directed to raw water
<br />supply projects as these are priority for CWCB.
<br />? Few structural water storage projects have been
<br />completed. This is likely due to the timing,
<br />complexity, and funding issues associated with
<br />multimillion dollar projects. It will be important
<br />to ensure the seed money provided from the
<br />Account helps leverage funding for project
<br />completion in addition to funding studies and
<br />project design.
<br />? The complexities of project scoping, financial
<br />accountability, and monitoring activities remain
<br />a challenge. At the local level there is a need to
<br />work with applicants on preparing a detailed
<br />project plan, budget, and schedule. At the state
<br />level, given the tremendous growth in the
<br />number of applications, project monitoring has
<br />been limited. The CWCB is in the process of
<br />addressing these issues.
<br />Sustaining Mineral Severance Tax
<br />Funding -Vital for Ongoing Success
<br />Colorado has at least $3 billion in funding needs for
<br />water supply and water management projects. The
<br />mineral severance tax fund was established to help
<br />local communities offset the impacts of extracting
<br />nonrenewable resources. The distribution formula
<br />for severance tax emphasizes water supply in order
<br />to provide a renewable resource -water- to help
<br />offset the impact from extractive natural resource
<br />development. The WSRA furthers this objective by
<br />helping to provide an adequate water supply for
<br />Colorado's citizens and environment.
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<br />NATURAL
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<br />Study/Design Implementation
<br />Study/Design Implementation
<br />Study/Design Implementation
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