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<br />~. <br /> <br />O,Ul~;)4 <br /> <br />to be approximately $1.5 million per year in 1997 dollars, or about $20 million over the <br />life of the Program, to provide regulatory certainty for existing water facilities, future water <br />development, and operations, maintenance, and replacement activities throughout the <br />SOllth Platte Basin. <br /> <br />2) Secondly, we believe that any funding option or combination of options ought to be <br />equitable, We recognize that some options presented in this memo will be perceived to be <br />less equitable than others, We do not comment on the equity of any particular option, <br />since we believe these questions are best left to public dialogue, Still, the chart below <br />might help you assess the equity of any particular option in terms of where it falls on the <br />spectrums presented. Bear in mind that the ultimate funding mechanism could involve a <br />combination of options, requiring that equity bejudged in terms of the entire package and <br />simply in terms of its individual elements. <br /> <br />M & I entity emphasis <----------------> <br /> <br />Funding burden spread over <br />all Colorado residents <_____m._m___> <br /> <br />Funding burden spread <br />over all water facilities <_____m________> <br />in the Platte Basin <br /> <br />Funding burden confined <m____mum_> <br />to existing water facilities <br />and residents in Platte Basin <br /> <br />Ag irrigation entity emphasis <br /> <br />Funding burden limited to <br />residents within service areas <br />of entities benefiting from the <br />program <br /> <br />Funding burden limited to <br />those facilities with a federal <br />nexus <br /> <br />Funding burden borne by <br />future development <br /> <br />3) Third, to the extent State actually participates financially in the Program, the <br />administrative structure set up to manage the funds should be as accessible and responsive <br />as possible to the broadest possible cross. section of Colorado's citizenry. Inherently, some <br />administrative structures will be more responsive and accessible than others. Again, we do <br />not comment in this memorandum about which structures might best fit this criterion, since <br />this question is perhaps best addressed in the course of public dialogue. <br /> <br />FUNDING OPTIONS <br /> <br />ST ATE GENERAL FUND: <br />Annually, the General Assembly could appropriate such funds as are necessary to fulfill <br />the State of Colorado's commitments to the program, <br />