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<br />. ' <br /> <br />. <br /> <br />. <br /> <br />Irrigation Benefits AnalySis <br /> <br />Irrigation benefits consist of direct, indirect, and public <br />benefits. Direct benefits are the increased net farm income that will <br />occur as a result of construction of the unit. Indirect and public <br />benefits will occur on a value added basis for processing increased <br />crop production and stabilization of the local economy. <br /> <br />Farm budgets for the "with" and "without" future situation were <br />prepared and used to determine the irrigation benefits attributable to <br />the proposed development. <br /> <br />New water estimated to be available for determination of gross <br />irrigation benefits consists of 102,000 acre-feet of stored water to be <br />released at the reservoir and 24,500 acre-feet of usable return flow, <br />for a total of 126,500 acre-feet (109,700 acre.feet in 1973 DPR). No <br />benefi ts are cl aimed for 31,000 acre-feet of water assumed to be <br />acqui red from the Weldon Va 11 ey Canal di rect-fl ow ri ghts. <br /> <br />The following tabu'ation summarizes the derivation of these benefits <br />through increased net farm income attrib~table to the project. <br /> <br />Item <br /> <br />Dollars <br /> <br />Forage and feed grain <br />Grains for processing <br />Sugar beets <br />Livestock <br />(livestock purchases) <br />(Net livestock increase) <br />Perqui sites <br /> <br />Total income <br />Farm expenses <br />Net fa rm income <br />Less alternate earnings <br /> <br />Direct irrigation benefits <br /> <br />$4,695,800 <br />42,400 <br />3,463,600 <br />8,844,000 <br />(6,862,100) <br />(1,981,900) <br />177 ,800 <br /> <br />17,223,700 <br />12,120,300 <br />5,103,400 <br />148,000 <br /> <br />$4,955,400 <br /> <br />Indirect and publ ic. benefits are based on the processing of <br />increased agricultural production and the related stability of the <br />local economy resulting from the project. Direct, indirect, and <br />public irrigation benefits are listed below along with OM&R savings <br />attributed to the project. <br /> <br />17 <br />