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<br />~ ..." I- r <br />l/'i <br /> <br />. <br /> <br />Narrows Unit <br />August 1966 <br /> <br />IRRIGATION (Continued) <br /> <br />Farm Budget Summary, Pepaymcnt (Agricultural index of 250/265) <br /> <br />Item <br /> <br />With supplemental water <br />Per farm Per ac.-ft. <br /> <br />Groes farm income <br />Les:; farm expenses* <br />Net fam income <br />Less return to family labor and <br />managenlent and equit:r acculuulati(m <br />Payment capacity at farn <br />Payment capacity at Narrows Dam <br /> <br />$34,849 <br />20,257 <br />14-,592 <br /> <br />11,969 <br />$ 2,623 <br /> <br />$11. 42 a/ <br />7 .09 ~/ <br /> <br />* Includes ad valorem taxes for Northern Colorado Water Conservancy <br />District (Colorado-Big Thompson Project) and for Lower South <br />Platte Water Conservancy District (Narrows Unit). <br /> <br />. <br /> <br />~ Computed by dividing the $2,623 of payment capacity of the <br />representative farm by 229.72 ac.-ft., which is the average <br />quanti ty of supplemental water to be delivered to the farm <br />headgate. <br /> <br />~/ Adjusted to reflect 38 percent losses sustained in conveying <br />the supplemental water from the reservoir to the farn. <br /> <br />Benefits Sumrr~'l.1'Y Table (based on agricultural price indexes of 250/265) <br /> <br /> Per ac.-ft. of Gross Net <br />Item For the repre - supplemental water irrigation irrigation <br /> sentative farm Pl t farm At reservoir Jj uenefi ts benefi ts g) <br />Direct $I; , 702 $20.47 $12.71 $1,394,000 $1,410,000 <br />Indirec t 785 3.42 2.12 233,000 205,300 <br />Public 235 1.02 o. ~;~~ 69,000 16,200 <br />Total $5,722 $24.91 $15.46 $1,696,000 $1,631,500 <br /> <br />v <br /> <br />Represents the reI' ac. -ft. value at the farm adjusted to 1'efleet <br />38 percent transportation losses of water from the reservoir to <br />the farm. <br /> <br />After adjustmen-c for $80,500 of adverse effects and direct savings <br />of $16,000 in OM&R expenses. <br /> <br />'5./ <br /> <br />. <br /> <br />5 <br />