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j\ <br />fL � � <br />Policy Development Objectives <br />Significant areas that may require policy development by the Board, supported by the <br />Board Staff : <br />■ Public Policy considerations related to defining key terms as they relate to <br />CWCB's Mission and Statutory Authorities: <br />-- Maximizing Utilization of the State's Water Resources <br />-- Protecting State's Ability to Use Compact Entitlements <br />-- Hold Instream Flow and Natural Lake Level Water Rights <br />• Provide and Support the Water User Dialog Necessary to Plan and Implement <br />Water Conservation, Development, Protection and Management Projects <br />Ck�■ Maintaining Balance between Water Development and Protection of State's Fish <br />�1V A. and Wildlife by Preserving the Natural Environment to a Reasonable Degree <br />• Protecting State's Citizens from Floods and State's Property from Flood Water <br />Damage through Planning and Prevention . <br />• Providing Water Supply Planning and Financing Support to State Water Users <br />• Providing Watershed Planning and Restoration Support <br />• Providing Drought Planning and Water Conservation Support to State and <br />■ Providing General Coordination of the Interface with Other States_ land Federal / ;�' �` <br />5 <br />■ Performing Overview and Review of Federal Regulations that are Promulgated to <br />Evaluate Impact on State Water Delivery Lb <br />• Develop Guidelines for Interest Rates and Rates of Return for Construction Fund <br />and Severance Tax Perpetual Base Account <br />• Protect the Integrity of the Construction Fund and the Severance Tax Perpetual <br />Base Account Ensuring it is Utilized for their Intended Statutory Purposes <br />• Support and Promote Water Information and Education on a State -Wide Basis <br />• Develop and Maintain, in cooperation with other Local, State and Federal entities, <br />Technical Expertise and Information, to Aid Decision - Makers <br />mot% / 4_, <br />7 <br />Page 2 of 10 <br />4/2/2002 <br />