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~"c!JA.~5 u t.ld*l-"-' FRYINGPAN-ARKANSAS PROJECT , system. The dlistrict would also have other sources of annual reve- nue: levies from an ad valorem tax on taxable property benefited by the project, a service charge for the storage of the additional Twin Lakes irrigation water, and a service charge for project storage of the additional 0, F, & 1. industrial water which is included with municipal supplies for payout analysis, Estimated annual project revenues, exclusive of revenues expected from the regulation of winter water, are shown in the following table: Function and 8our~ of revenue Irrigation and dist*ict: Project water (56,700 acre-feet, at $3,60)u__uu________u___ Twin Lakes service (12,500 acre-feet, at $2)______nu____u_n District tax ($132 million, at 1 mill minus 10 percent)______u__ Annual value $204, 120 25,000 119,000 Subtotal_______________________________~________________ Less operation, maintenance, and replacement______n_____u__ Net irrigation revenues____nn__u __u ___uu_n_u _ _u__ 348, 120 76,080 272,040 Power: 370,000,000 kilowatt-hours, at 5,5 mills; 97,125,000 kilowatt- " hours, at 3.5:miIIs______________________________...________ 2,374,938 bess operation, maintenance, and replacement______n_n__uu 854,050 Net power revenues_n____u___u__uuun_u________u_ 1,520,888 Municipal and indQstrial water: Municipal supplies (38,000 acre-feet, at various rates)____uu__ Colorado Fuel & Iron (4,000 acre-feet, at $2)___n_u__u_____c 1,476,410 8,000 ~ Subtotlli________________________________________________ 1,484,4]0 'Less operation, ,maintenance, and rep]acement____uou____n__ 405,070 Netmuniciplli water revenues___uu___________h_____h__ 1,079,340 Total annual net project revenue_______h_____Un___U___ 2,872,268 69, Parts of the interest on return payments from power (3 percent) and municipal water (2 percent) would be applied to the irrigation investment, The sources of revenue for retirement of returnable costs are shown below. Source Project Cost al1oca- revenue tion Irrigation: Net revenue, lrrlga.tors,and district, 40 years______________h___~_____._~_ $10,881,600 --------~----~ From power revenue, 38 ye$rs_________________________________~_________ 35,478,000 ---------._--- From municipal water'fevenue, 38 yeQrS~R___R__U___R_________~______k_~ 13,570,'400 --- --"'------- Retired QllocationR R _____ ___ __ _ _ ___ R R_ __ _ ____ _ __ __ _ _ ______ _R __ __ __ __ ___ ~--------~~~-- $59, 930, 000 Power: Net revenue, 03 years_______R_________________R____R_ R________________~__ .80, 324, 113 -----.------... Less interest to irrigation, 38 years_________________R_____________________ -35, 478, 000 ~------------- Less unapplied interest'___ _ ------------__~_____R________u_____________ -4, 570, 849 R_____________ Less earned surplus, 53~ year_u________________~________R__________u___ -243, 264 -------------- Retired allocation_ R __ _R __ ___R____ _ _ _ R __ ~__ ~ R _ __ __ _ ~ ____~ _ _R __ __ __ _ _ ___ _R____R_______ 40,032,000 Municipal water: Net revenue, 40 years____________________________R_____~____________.__~_ 43, 173, 600 -------------- Less interest to irr1gati~n, 38 years______________.:,._~_______________u_____ -13,570,400 -------------. Less unapplied Interest2_ u __ _ _u __ n___ ___ n_u _ _ __u_ _ ______ n__ ~ __ __h -72, 669 -------------- Less earned surplus, 40th yea.r_uu____R_____n_______________nu.,__ ___ -8,531 -------------- Retired allocatlon_ _ _ __________ _____________ __ ______ ________ _ _ __ ____ ___ ~------------- 29,522,000 Total allocation returned by revenues__ ___._________n __RU___________ -------------- 129,484,000 ~. '-:.;.~.;>}"' " ,":,' '''':.<;: "".. . :-. -;~.~-;.. /, ',~',' ., " ,> . i'~_~:.,_.: ",.",,".'. '.','. ",,~_~_,_",,-,_,~\,c "C:,' ,. " ~5i: ',;;".