PUB00073

• 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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CONTENTS

Preface ..................................................................... 111

1.0 CWCB Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

1.1 Mission. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1
1.2 Board Composition ..................................................... 1
1.3 Statutory Responsibilities ................................................ 3

1.4 Customers. . .. ... .... .. ... .. . . . . .. . . .. .. . ... .. . . . .. ... ... . .. . .' .. . .. .. 3
1.5 Business Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4
1.6 Annual Report ......................... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4

2.0 Construction Fund ..................... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

2.1 Fund Equity ........................................................... 5
2.2 Cash Sources .......................................................... 6
2.3 Projected Cash for New Projects in 1998 .................................... 7
2.4 Fish and Wildlife Resources Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8
2.5 Emergency Infrastructure Repair Loan Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 9
2.6 Small Project Loan Account ............................................. 10
2.7 Arkansas River Augmentation Loan Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. II
2.8 Salinity Control Program Loan Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11
2.9 Horse Creek Basin Loan Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11

2.10 Litigation Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 12
2.11 Publications Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 12
2.12 Performance Audit Recommendations ..................................... 13

3.0 Water Project Construction Loan Program ................................... 15

3.1 Eligible Projects.. . .. . . .. .. . . .. .. .. . . .. . . . . .. . . .. . .. .. .. . . . .. .. .. . .. ... 15
3.2 Construction Fund Criteria .............................................. 16
3.3 Interest Rate Policy .................................................... 16

3.4 Loan Deposits ........................................................ 18
3.5 Loan Disbursements ................................................... 19
3.6 Completed Construction Project Loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . " 20
3.7 New Loan Projects Recommended for Authorization. . . . . . . . . . . . . . . . . . . . . . . . .. 21
3.8 Recommended Changes to Previous Loan Authorizations ...................... 23
3.9 Loan Projects Recommended for De-authorization ........................... 24

L';. -':b fY97 Annual Report, page i