PUB00059

• Year: 1995
• Title: Construction Fund Annual Report 1995
• CWCB Section: Finance
• Author: CWCB
• Description: Construction Fund Annual Report 1995
• Publications - Doc Type: CF Annual Report

June 30,1993

June 30, 1994

June 30,1995

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200

Colorado Water Conservation Board
CONSTRUCTION FUND EQUITY

. Loa"1oRICIlVabIe

D R,sl""ld Cash. Unde. COf'CrKI

150

I . Res'fV~for~.cl~.("ts
J -Unres.",.aC.$h

III
c
,Q 100
::;;

50

o

2.2 Projected Cash for l\"ew Projects in 1996

As a revolving cash fund. the ewes Construction Fund has become a reliable source of
funding: for about 512 million in \I.'aler resource projects and studies each year.

The tolal amount projected from cash sources in FY 95-96 is S12.1 million. This includes
55.6 million in principal and interesl. S3A million from ~lineral Lease Fund distributions. and
53.1 million from interest on the cash balance invesled by me Colorado Treasurer.

The Board is recommending three projects for deauthorization in FY 95.96 totaling $1.5
million and a 50.5 million net reduction in (Wo previous aurhoriz3rtations. Unreserved cash at
[he beginning of the year was a SO.5 million shonfalL Administrative expenses from the fund are
estimated at $1.0 million. The unreserved cash available for new projects in 1996 is estimated
to be approximately $12.6 million.

Therefore. there are sufficient unobligated funds to finance the Board's recommendations for
new projects (Q(aling S12.6 million. This includes 55.9 million in new project loan authorizations.
SO.5 million reserved for new feasibili(: study loans. S2.2 million in non-reimbursable projects.
and S"LO million in a separate bill concerning the prevention of violations of interstate water
compact.s.

CWCB Annual Report, page 6