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<br />H. Priorities
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<br />Evaluation of the effects of water resource plans in terms of
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<br />3 their contributions to national objectives within a specific planning
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<br />4 setting requires a statement of the judgments made during plan
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<br />5 formulation in regard to the priorities accorded to each of the
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<br />6 objectives that serve as the basis for making recmumendations. The
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<br />7 end result of these judgments is the formulation of a plan consisting
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<br />8 of a particular mix of purposes. Therefore, in the process of plan
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<br />9 formulation priorities are established for th" several objectives
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<br />10 relevant to a given planning situation. National program formulation
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<br />I. Cost Assignment and .Allocation
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<br />11 also require s that prioritie s be established but in this instance not
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<br />12 among purposes within plans but among plans themselves. Thus, the
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<br />13 effects of plans displayed in terms of the national objectives will also
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<br />14 serve as a basis for assigning priorities to the various plans for
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<br />15 national program formulation.
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<br />The system of accounts will provide the basis for aCJ.alyzing the
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<br />18 tradeoffs involved in choosing between two or more alternatives one
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<br />19 of which may be to take no action. This information provide s the basis
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<br />20 for estimating the net cost to one objective of achieving gains to other
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<br />21 objectives. For example, national econOluic development costs may
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<br />22 be adjusted by assigning such costs to other objectives. When reimburse-
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<br />23 ment or cost sharing is required for purposes included under any
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