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WSP03803
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Last modified
7/29/2009 10:36:36 PM
Creation date
10/11/2006 11:59:10 PM
Metadata
Fields
Template:
Water Supply Protection
File Number
8410.200.60
Description
Basin Multi-State Organizations - Missouri River Basin Commission - Reports
Date
5/24/1974
Author
Various
Title
Basic Information - Basin Account, Pick-Sloan Missouri Basin Program
Water Supply Pro - Doc Type
Report/Study
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<br />This required the maintenance of an account to show (a) all project <br /> <br /> <br />costs incurred or to be incurred, and (b) all project revenues <br /> <br />earned, or to be earned. <br /> <br />The Basin Account of the PS~lBP followed much the same pattern <br /> <br /> <br />as the old line project accounts, ~ except that the Basin Account <br /> <br />needed additionally to shm, existing and anticipated revenues that <br /> <br />'.1 <br />~ <br />, <br /> <br />I, <br /> <br />were not then covered by repayment commitments of project benefici- <br /> <br /> <br />aries. 12al The accounting problems were recognized at the outset. <br /> <br />;1 <br /> <br />}Jj <br /> <br />Obviously, \"1hen tl1C l"Cpuyment COITu11i tment of the irrigators <br />covered illl proje~t eo:,;ts, the project account could be much <br />siltpler.On il ;lultipul"f'osc project, pOHer, ~:C,I, imd cven some <br />irri:;ation reven~IC;S are conditionu~ on use and pater availability. <br /> <br />12JI <br /> <br />T:le cm-rent form of the PS:-iSP Dusin Account is shmm in the <br />"PSHUr (U,,!) State",cnt of Project Construction Cost and RepJyment - <br />June 30, 1972," ilttached as l:nelosure IIo. 1. <br /> <br />:1 <br /> <br />The phriJse "13"sin i\ccount" hc:s il1so been periodicJlly referred <br />to ilS "the basin fund." In this connection, see the colloquy <br />beD-iccn Scniltor 1\11ott ilnd l\ssistilnt Secretary Holum regJrding <br />the effect on the b3sin account of a 2~j~ interest r<<tc on main- <br />'~t"r'~ (''"''T1':....-,..:~('ti.''n (>,,~ts (IrpCrn'jn~~ in ~.n:~i:=_r<~_~.ry S. 34 (r.,!r.ri ~vn~. <br />.fl.i vr.:: ~~.f)n___1 j_n2:.:1:. ).. .r~~fn_~l=-.~1~.l;_(~~':..i. tt<:. ~_~.!.~..~~i J:!Jt i~n. _(~~~I_{.(:_<:.lu lflu. tion <br />01.: tJ!C ;-'l~l1ilt:e ~U:rlir:i.L'LL:e 011 11lCCI:iol' ~lIlLj 111~U_LJ.l' ti.ll.dirb, J'.Itl-I-L:'0.ll~-:', <br />1st Sess. at p. 2~ (1965). <br /> <br />;1 <br /> <br />I <br /> <br />5 <br />
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