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., . . ( I , . '. A copy of the Board's proposed FY 2004-05 Budget is included in the Board folder along with the Standard Agreement 37 between the Board and the Six Agency Committee, which approves the funding arrangement between the Board and the Six Agency Committee. The Standard Agreement will be an action item to be considered by the Board members at the June Board meeting. PROTECTION OF EXISTING RIGHTS Colorado River Water Report As of June I, 2004, storage in the major Upper Basin reservoirs increased by 564,800 acre-feet and storage in the Lower Basin reservoirs decreased by 469,000 acre-feet during May. Total System active storage as of June 3'd was 31.632 rnillion acre-feet (maf) or 52 percent of capacity, which is 3.714 mafless than one year ago. May releases from Hoover, Davis, and Parker Dams averaged 18,280, 16,780 and 11,940 cubic feet per second (cfs), respectively. Planned releases from those three dams for the month of June 2004 are 16,000, 15,800, and 12,500 cfs, respectively. The June releases represent those needed to meet downstream water requirements including those caused by reduced operation of Senator Wash Reservoir. The final June 3, 2004, observed April through July 2004 unregulated inflow into Lake Powell was 3.400 maf, which is 43 percent of the 30-year average for the period 1961-1990. The final June 3, 2004, projected unregulated inflow into Lake Powell for the 2004-05 water year was 5.945 maf, or 49 percent of the 30-year average. As of June 3'd, taking into account both measured and unmeasured return flows, the Lower Division States' consumptive use of Colorado River water for calendar year 2004, as forecasted by Reclamation, totals 7.462 maf and is described as follows: Arizona, 2.816 maf; California, 4.352 maf; and Nevada, 0.294 maf. The Centra! Arizona Project (CAP) will divert 1.611 maf, of which 0.308 maf are planned to be delivered to the Arizona Water Bank. The Metropolitan Water District of Southern California (MWD) is projected to consumptively use about 0.551 maf, which is 0.133 mafless than its actual use of mainstream water in 2003. The preliminary end-of-year estimate by the Board staff for 2004 California agricultural consumptive use of Colorado River water under the first three priorities and the sixth priority of the 1931 California Seven Party Agreement is 3.702 maf. This estimate by the Board staff is based on the collective use, through April 2004, by the Palo Verde Irrigation District, the Yuma Project-Reservation Division (ypRD), the Imperial Irrigation District, and the Coachella Valley Water District. Figure I, found at the end of this report, depicts the historic projected end-of-year agricultural use for the year. .2