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Chapter 4 - Reallocations 4-17 Table 4-10 Test of Financial Feasibility Alternative Capital Cost Annual Capital Annual OM&R Total Cost Cost Cost Stockton Lake, Multipurpose Pool Storage $8,968,692 $741,600 $31,000 $n2,600 Pipeline $70,700,000 $5,845,80J $3,164,000 $9,009,800 Total Annual Cost $9,782,400 Lake Webster West $87,600,000 $7,243,200 $2,600,000 $9,843,200 As depicted in the above table, reallocation from the multipurpose pool is financially feasible compared with the most likely non- Federal alternative. 6. Cost Account Adiustments. (Where the reallocation adversely impacts Federal hydropower, a credit to the accounting records should be make based on the estimated loss of power outputs and the current rates charged by the Power Marketing Agency (PMA). Credit can also be made for costs incurred by the PMA for purchasing power to fulfill contracts for the duration of the contracts. Such credit should not be made until such actual costs are incurred and documented that they are directly attributable to the reallocation.) 7. Environmental Considerations. (Summarize in one or two paragraphs the environmental effects of each of the alternatives considered and, as appropriate, the need to comply with any other applicable Federal environmental laws or regulation, including the Clean Water Act Section 404(b)(1) Guidelines when activities involve a regulated discharge of dredged or fill material within waters of the United States. Note that the documentation required by the National Environmental Policy Act (NEPA) of 1969 should be included as an appendix.) 8. Conclusions. (Summarize in one to two pages the above findings and indicate the non-Federal sponsor's desire to pursue reallocation in the Federal project. Make appropriate reference to appendices (e.g. environmental assessment, letters from the non- Federal sponsor, other coordination activities, etc.)