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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:19:22 PM
Metadata
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Template:
Publications
Year
1989
Title
Construction Fund Annual Report 1989
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1989
Publications - Doc Type
CF Annual Report
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<br />, <br />, <br />I <br />I <br />I. <br /> <br />e <br /> <br /> <br />e <br /> <br />continue indefinitely at its average level of $10-15 million of <br />expenditures each year, even with the new appropriations <br />described below. <br /> <br /> <br />Appropriations to the Board pursuant to section <br />37-60-121(6), CRS (HB 1340 (1986), as amended by HB 1158 <br />(1987)), for wildlife mitigation and for the construction fund <br />are to become available commencing on July 1, 1989. At that <br />time, $3.75 million is to be transferred to the construction <br />fund and $7.5 million to the new fish and wildlife resources <br />account. The same sums are to be available on July 1, 1990. <br />On July 1, 1991, $5 million is to be transferred to the <br />construction fund and $10 million to the fish and wildlife <br />resources account for the final payment called for by H.B. <br />1158. Thus, as against a $30 million deficit, the construction <br />fund is programmed to receive $12.5 million of new <br />appropriations, plus about $10 million of income each year, <br />over the next three fiscal years. The projected result after <br />the next three years of anticipated project activity is still a <br />negative balance of $5-10 million. <br /> <br />gl <br />Encls: Table 1 <br />Table 2 <br />Project Summaries <br /> <br />-6- <br />
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