PUB00134

• Year: 1998
• Title: Construction Fund Annual Report 1998
• CWCB Section: Finance
• Author: CWCB
• Description: Construction Fund Annual Report 1998
• Publications - Doc Type: CF Annual Report

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CONTENTS

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

Dedication .................................................................. iv

1.0 CWCB Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I

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

1.4 Customers. . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1.5 Business Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

1.6 Organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

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

2.1 Cash Sources ..........................,.......................... 5

2.2 Fund Equity ...................................................... 6
2.3 Fish and Wildlife Resources Account .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2.4 Emergency Infrastructure Repair Loan Account . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2.5 Small Project Loan AccoUnt ......................................... 10
2.6 Arkansas River Augmentation Loan Account . . . . . . . . . . . . . . . . . . . . . . . . . . . II
2.7 Salinity Control Program Loan Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
2.8 Horse Creek Basin Loan Account .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
2.9 Litigation Account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
2.10 Colorado RiverRecovery Program Loan Account ....................... 12
2.11 Reserve for Transfer to the Species Conservation Trust Fund .............. 13
2.12 Publications Account. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . , . . . . . . . . . . . . . . 14
2.13 Authorized Loans from the Construction Fund ..........................14

3.0 Severance Tax Trust Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

3.1 Cash Sources .................................................... 17
3.2 Operational Account,: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
3.3 Perpetual Base Account .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 .

4.0 Water Project Construction Loan Program ...................................23

4.1 Eligible Projects. . . , . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
4.2 Construction Fund Criteria .........................................24
4.3 Interest Rate Policy ......,........................................ 24

CWCB FY98 Annual Report, page i