BOARD00842

• Board Meeting Date: 5/20/2002
• Description: Implementation of New Legislation
• Board Meetings - Doc Type: Memo

HB 02-1379 - No action needed. The major impact of this bill was to substitute $1,264,492 the CWCB
would have received from the General Fund in the current Fiscal Year with funds from the Construction
Fund. In addition, a total of $2,028,850 was appropriated to the DWR from the Construction Fund
($50,000 for emergency dam repair, $393,695 for DSS, $435,155 for Arkansas River litigation, and
$1,150,00 for the DNR Indirect Cost Assessment). We will provide more information about the impact
of these actions on future loans and non-reimbursable investments in September when the Finance
Committee meets.

HB 02-1391- No action needed. The bill transferred $2.5 million from the Capital Account ofthe
Native Species Conservation Trust Fund and $20 million from the Severance Tax Trust Fund Operation
Account. Language was included in the bill that the funds should be restored when funds are available in
future Fiscal Years.

HB 02-1420 - No action needed. The bill appropriated new funding from the Construction Fund for our
leased space ($47,000) and capital improvements ($106,000), the 3.0 FTE and funds for the long-term
operation and maintenance ofthe CDSS ($315,393, of which $77,532 and 1.0 FTE go to DWR and the
remaining $237,861 and 2.0 FTE are ours), and the funds for the DWR imaging project ($212,000). The
bill directs us to, in the future, request changes to standard budget items such as leased space, capital
outlay and operating, through the budget process rather than through the Projects Bill. The bill also
appropriated much more Construction Fund money than was recommended by the Board. The chart
below describes the major differences:

CWCB

. DNR Indirect Cost Assessment

FY 01-02
$142,190

FY 02-03
$406,635

DWR

. Arkansas River Litigation
. Republican & Sportsman's Ranch Litigation
Total Additional

$0

$0

$234,399
$750,000
$1,248,844

Finally, JBC staff had recommended that one-half of the Severance Tax Revenue that goes to the
Perpetual Base Account be diverted to the General Fund. It appears that this recommendation was never
acted on.

We will provide more information about the impact of these actions on future loans and non-
reimbursable investments in September when the Finance Committee meets.

HJR 02-1038 -- No action needed at this time. From the Capital Account, $1,560,000 was authorized
for the Upper Colorado River Endangered Fish Recovery Program and $170,000 was authorized to be
spent on Platte River Basin activities. From the Operational Account, $55,000 was authorized for prairie
grassland species, $80,000 for Platte River activities, $360,000 for Grouse conservation, $210,000 for
Colorado River cutthroat trout conservation and $145,000 for Greenback cutthroat trout conservation.

Summary of Recommendations

No action is needed at this meeting. Future actions will be recommended as indicated above.

Colorado Water Conservation Board
Flood Protection. Water Supply Planning and Financing. Stream and Lake Protection
Water Supply Protection. Conservation and Drought Planning

3