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Last modified
3/26/2010 3:55:23 PM
Creation date
9/30/2006 10:13:50 PM
Metadata
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Template:
Publications
Year
1997
Title
Construction Fund Annual Report 1997
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1997
Publications - Doc Type
CF Annual Report
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<br />2.10 Litigation Account <br /> <br />Section 37-60-121 (2.5) (a), CRS, created the Litigation Account in the Construction Fund. <br />Under certain conditions, the Board is authorized to expend up to $4.0 million from the Litigation <br />Account for litigation in support of water users whose water supply yield may be diminished as a <br />result of conditions imposed by any federal agency on permits for existing reservoirs located on <br />federal lands. No lawsuits have yet been detennined to meet the criteria. <br /> <br />The Litigation Account is not to be confused with the Reserved Rights Litigation Fund created <br />in the State TreasW)' by the General Assembly in 1982 through SB 82-087. Authority for that fund <br />is found in the statutes at Section 37-60-121.1, CRS. <br /> <br />Any interest earned by the Litigation Account is credited equally between the Construction Fund <br />and the Colorado Water Resources and Power Development Authority. The balance afthe Litigation <br />Account was $4,000,000 on June 30,1997. <br /> <br />2.11 Publications Account <br /> <br />In 1994 through SB94-029, the General Assembly created the Publications Account within the <br />Construction Fund. A starting balance of $5,000 was transferred into the account. Fees were <br />established by the Board to recover costs for disseminating data and to be able to recover costs for <br />minor expenses such as photocopying. Revenue to the account is now derived mainly from the sale <br />of board meeting notebooks. The publications account has been used to publish documents related <br />to the Instream Flow Program and a brochure for the Office of Water Conservation. <br /> <br />The starting balance of the Publications Account since its creation in 1994 is shown below. The <br />balance in the account was S2,986 on June 30, 1997. <br /> <br />Publications Account <br />Starting Balance <br /> <br />" <br /> <br />, <br /> <br /> <br />; , <br />o <br />. <br />. <br />, <br />2 . <br />- <br /> <br />, <br /> <br />o <br /> <br />FY9" <br /> <br />FY 95 <br /> <br />FY ge <br /> <br />FY 91 <br /> <br />FY 98 <br /> <br />CWCB F\:'97 Annual Repon. page 12 <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />
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