BOARD02325

• Board Meeting Date: 3/22/2005
• Description: CF Section - Severance Tax Trust Fund Operational Account Recommendations
• Board Meetings - Doc Type: Memo

C. Fiscal Year 2006 - 2007 Requests

The following is a summary of the requests we received from constituents and developed internally. I

Water Supply Protection Program

1. Statewide Water Planning and Local Water Planning Grants

Beneficiary/Grantee/Contractor: CWCB, Various
Amount of Request: $250,000

Ranking:

High

Product Produced: We will continue to use the money to address local needs for planning assistance
that directly related to implementing the CWCB's Strategic Plan, the Drought Assessment, and the
Statewide Water Supply Initiative. The CWCB's Statewide Water Supply Initiative will result in a list
of alternatives ranked in order of priority. These funds will be used, in part, to help entities that have
developed an alternative, but need to do further study regarding feasibility. The funds will also be used
to get cooperative efforts "off the ground."

Water Plauning Relationship: The SWSI process has highlighted the need for funds to support local
planning efforts. This need is expected to continue,

Recommendation: Staff gives a high recommendation to funding of this project because the
information produced and made available will provide a consistent, factual basis for local and statewide
water planning efforts.

2. Colorado River Compliance

I

Beneficiary/Grantee/Contractor:
Amount of Request:

CWCB, Various
$100,000

Ranking:

Medium

Product Produced: This study would analyze water rights in an attempt to determine who would be
impacted by enforcement of certain provisions of the Colorado River Compact of 1922, Since the
cuncat drought bega.'1 in 1999, a steady decline of water levels in reservoirs, used to help administer the
Colorado River Compact, has occurred, In an effort to effectively plan water usage, it is necessary to
analyze and determine the effect various scenarios of Compact administration could have on certain
decisions (e.g" the development or expansion of reservoirs or the curtailment of existing uses of water).
This report would then be continually updated and coincide with other activities currently being
undertaken, and to help avoid a crisis.

Water Planning Relationship: This request would enhance the Board's ability to provide
assistance to Colorado River water planners more effectively with workable solutions in advance of any
crisis.

Recommendation: Staff gives a medium recommendation to funding of this project since a crisis is
not imminent. The Staff may recommend this item receive a high recommendation next year, should the
drought continue.

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