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I <br /> CWCB CONSTRUCTION FUND <br /> AND <br /> SEVERANCE TAX TRUST FUND <br /> FY 1998 ANNUAL REPORT <br /> I <br /> August 31, 1998 <br /> I <br /> 1 1.0 CWCB Overview <br /> 1 1.1 Mission <br /> The Colorado Water Conservation Board was created by the Legislature in 1937 'for the purpose <br /> of aiding in the protection and development of the waters of the state,for the benefit of the present <br /> and future inhabitants of the state. [37-60-102, CRS] <br /> The duty of the Colorado Water Conservation Board(CWCB) is "to promote the conservation <br /> 1 of the waters of the state of Colorado in order to secure the greatest utilization of such waters and <br /> the utmost prevention of floods." [37-60-106(1), CRS] <br /> 1.2 Board Composition <br /> The Colorado Water Conservation Board is a Type 1 agency within the Department of Natural <br /> Resources. The CWCB consists of fourteen members. The Governor appoints eight members from <br /> the state's major river basins and one member from the City and County of Denver. All of the <br /> appointees are subject to Senate confirmation and serve three year terms. The Executive Director <br /> of the Department of Natural Resources is an ex-officio, voting member. The Director of the <br /> CWCB, State Engineer, Attorney General, and the Director of the Division of Wildlife are <br /> ex-officio, non-voting members. <br /> To the extent possible, appointments to the Board include persons experienced in water resource <br /> management,water project financing, engineering,planning, development of water projects, water <br /> law, and irrigated farming, or ranching. No more than five appointees can be members of the same <br /> political party. <br /> CWCB FY98 Annual Report,page 1 <br />