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<br />- 6 - <br /> <br />b. This was made more specific by the 1920 statute <br />which provided that 52.5 percent of the receiPts <br />derived from the sale or lease of other minerals on <br />Federal land. including coal, be deposited into <br />the Reclamation Fund. <br />\~hne this percentage was recently reduced to 40 percent, It <br />is still a significant figure and the accumulated total, <br /> <br />". .. <br />through FY 1978, is $2.2 ~i 11ion. <br /> <br />.- "... ... <br />3. As YOU might well imagine, payments from project users <br /> <br />. ,. <br />under the long-term repayment contracts also contribute <br /> <br />... . ,". . <br />SignificantlY to the balances in the various Reclamation <br /> <br />..... <br />accounts. and have totalled $366 mi 11 ion through September <br /> <br />,. <br />30, 1978. <br /> <br />. . . . <br />4. ,The sale of water also provides an important source <br /> <br />.. - . . . ". <br />of revenue for Reclamation. ' These sales, which are prin- <br /> <br />. ... .. <br />, cipa11Y on the Central Valley Project. are normally on an <br /> <br />. . .. <br />acre-foot basis. <br />a. . Through September 30. 1978, the grand total from <br /> <br />.. . -. <br />, this source is $315 mi 11 ion, and for FY 1978 alone <br />the total was $23 million. <br /> <br />With all of this as background. let us now look at the <br /> <br />. . . . <br />details of the various accounts themselves. <br /> <br />The Reclamation Fund: <br />The grandaddy of all Reclamation accounts is the famous <br /> <br />." .., ",- ,.....~ <br /> <br />. ".; '~'..'.- .".. <br /> <br />I <br /> <br />I <br />-~ 1 <br />.., "~ <br />.~ . <br />t:," <br /> <br />'\d <br />.,:j <br />,_.~ <br />'.,,' <br />.-.-:.". <br />~:/1 <br />U <br />