Laserfiche WebLink
<br />I <br /> <br />, , <br /> <br />- 16 - <br /> <br />1. ON THIS BASIS, IT IS REASONABLE TO ASSUME THAT <br />REVENUE DEPOSITED IN THIS BASIN ACCOUNT WILL <br />ULTIMATELY TOTAL AS MUCH AS $4.5'BILLION BY THE <br />CLOSE OF THE PAYOUT PERIOD. <br />'2. hHATEVER THE REVENUE OR ITS USEAGE IN THE <br />RECLAMATION PROGRAM THE IMPORTANT POINT IS <br />THAT THE REVENUE OR DISPOSITION ON THESE <br />ACCOUNTS IS AT THE MOMENT, TOTALLY LOCKED INTO <br />THE PURPOSES SPECIFIED BY THE ENABLING LE'GIS- <br /> <br />LATION. <br />-... --~- <br />- - -.- -- - ... --.'- -.. ... --- . <br />I ShOULD IN CLOSING EMPHASIZE HOWEVER, THAT THESE REVENUES <br />u____..__. <br />.... _ _ ._4____ _ <br />-- _....~ <br />COULD BE REDIRECTED BY NEW LEGISLATION. THE PROPOSAL BY THE <br />DEPARTMENT OF ENERGY FOR A REVOLVING FUND FOR THE WESTERN AREA <br />POWER ADMINISTRATION (WAPA) IS A CASE IN POINT WHICH WOULD <br />REDIRECT REVENUE FROM THE RECLAMATION ACCOUNTS TO WAPA FOR <br /> <br />! <br /> <br />. .~-~-- . ..--".--., .~~-..-. ...- . --.--..-.-" ." <br />