Laserfiche WebLink
<br /> <br />This increased irrigati n assistance is made possible under the <br />combination system as a re ult of the following factors: <br /> <br />a) Reduced Federal i vestment of $137,000,000, which repre- <br />sents facilities the ureau would not have to install, if in- <br />vestor-owned utilit transmission lines are used for trans- <br />porting project pow r. <br /> <br />b) Less Federal invest ent means a reduction in amount of <br />interest that must b paid on power features of the project. <br />A more rapid rep yment of investment also reduces the <br />amount of interest. ver the 86-year period of analysis, this <br />reduction in interes amounts to $155,000,000. <br /> <br />c) Federal expenditure for transmission operation, maintenance <br />and replacement w uld be reduced by $174,000,000 under <br />the combination uti ity system. <br /> <br />d) The combination u ility system will have less transmission <br />losses. These reduc d losses will permit an increase in the <br />amount of project nergy that can be marketed. This addi- <br />tional saleable en rgy will increase project revenues by <br />$76,000,000 for the eriod 1964-2049. <br /> <br />Tax Benefits <br /> <br />In addition to providi g more irrigation assistance important <br />tax support will accrue to a I levels of government. <br /> <br />a) The Federal income tax that will be paid by the five investor- <br />owned utilities duri g the 86-year period on revenues derived <br />from transporting roject power will be $96 million. Public <br /> <br />12 <br />