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00 M C\l Owner's Share of Increase in Crop Income ''^~,.-'._-_. -..--... '.'- .--"~.. Adeauate Water Division Present Conditions ' Increase Crop of Weighted Owner's Weighted Owner's In Owner's Income _J.r;.qo...~_ Shll;,r..e. Income Share Share Alfalfa 1/2 $ 3.90 $ 1.95 $ 7.63 $ 3.81 $ 1.86 Native Hay 1/2 . .36 .18 .24 .12 -.06 Grain 1/3 I 2.64 .88 2.44 .81 -.07 Sugar Beets 1/4 I 7.89 1.98 9.57 2.39 .41 I Vegetables 1/4 5.29 1.33 8.82 2.21 .88 Corn Ensilage 1/3 .30 .10 1.80 .60 .50 Fruit 1/3 .75 .25 5.10 1.70 1.45 Truck & Misc. 1/4 I 1.00 .25 1.20 .30 .05 New Land 1/2 k03_ .02 .00 .00 -.02 . Total $ 22.16 rT"*6.94 $ 36.80 $11;94 $ 5.00 -~"'-- - The costs attaching to the owner's share of crop income on owner renter relationship basis is summarized as follows: Interest on increase of investment ( at 5% on improvements, additional land leveling, construction of ditches, buildings and the planting and care of young orchards at $20 per acre) J.tiaXimum income available for increased water charges and as inducement for land owner to participate in project $ 1.00 .48 .05 .30 3.17 $ 5.00 Increase in taxee (increase in real value of land at $12.00 per acre with tax rate of 40 mills) Increase in insurance of fa.rm buildings (at 1/2% on increase of $10.00 per acre) Increase in upkeep and depreciation on farm buildings (at 3% on increase of $10.00 per acre) Owner's share of increase in crop income per farm acre The above analysis gives $3.17 as the rraximum income available for the payment of project water costs including. project operation and maintenance and repayment for construction of project works, and must also cover inducement to land owner for participation in project. Increase in operation and maintenance cost resulting from the project is estimated to be 40t per acre. With an allowance of 52~ per acre for r