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<br />DRAFT <br /> <br />above. Accounting stances are usually determined by the geo- <br /> <br /> <br />graphic boundaries of public administrative units, from conser- <br /> <br /> <br />vancy districts, to states, regions and the nation. Differences <br /> <br /> <br />in the costs and benefits that are considered tend to lead to <br /> <br /> <br />conflicts among jurisdictions over the desirability of various <br /> <br /> <br />actions or. projects, including the need for compensation. Though <br /> <br /> <br />we think it is important to consider all costs and benefits, we <br /> <br /> <br />will discuss these matters from a state accounting stance since <br /> <br /> <br />state policy is our primary consideration. <br /> <br /> <br />Losses to the area of origin are likely to take three main <br /> <br /> <br />forms: <br /> <br /> <br />(al Current and future losses of net income directly and <br /> <br /> <br />ind irectly associated with diversions and consumptive uses that <br /> <br /> <br />are curtailed because of a water transfer; <br /> <br /> <br />(bl Current and future losses of instream values and income <br /> <br /> <br />linked to those instream values; and <br /> <br /> <br />(cl Losses which accrue to "society at large" in the area of <br /> <br /> <br />origin. <br /> <br /> <br />Examples would include the following: (a) reduced net <br /> <br /> <br />incomes from irrigated agriculture when existing agricultural <br /> <br /> <br />water rights are sold and transferred out of basin; (b) aesthetic <br /> <br /> <br />and sports fishing values and net incomes from tourist accommoda- <br /> <br /> <br />tions based on those features; (cl poorer quality of social <br /> <br /> <br />service provided when the local tax base decreases. <br /> <br />Regarding (al, what kinds of activities may be curtailed <br /> <br />45 <br />