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<br />) <br /> <br />STATE OF COLORADO <br /> <br />e Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone:~03)866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />Russell George <br />Executive Director <br /> <br />MEMORANDUM <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Mike Serlet, P.E.,"-I1~ <br />Chief, Water Supply ~~ng and Finance Section <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />FROM: <br /> <br />DATE: <br /> <br />November 5, 2004 <br /> <br />. <br /> <br />SUBJECT: Agenda Item 7a, November 16-17, 2004 Board Meeting <br />Water Supply Planning and Finance <br />Estimate of Funds Available for New Projects in 2005 <br />CWCB Construction Fund - Loans and Non-Reimbursable Investments <br /> <br />Introduction <br />This financial information is for the Board's use in evaluating the availability of additional <br />funds from the Construction Fund for new loans to finance future water projects and for other non- <br />reimbursable investments. <br /> <br />Background <br />The information for the CWCB Construction Fund is based on the closing reports for the <br />fiscal year ended June 30, 2004. A total of approximately $10.3 million is projected as available for <br />modifications to previous loan authorizations and new construction project loans. <br /> <br />e <br /> <br />Discussion <br />Attached is a fmancial projection summanzmg the FY2004-0S Construction Fund cash <br />available and projected expenses. Total revenue available for new projects and other expenses is <br />$10.3 million, projected expenses are $4.1 million, leaving a projected balance of $6.2 million. This <br />number includes loan and non-reimbursable investment projects presented at the November Board <br />meeting. <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />