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<br /> <br />Other SourceS of Revenue <br /> <br />Possible revenue sources other than CRSP power sales were also identified. <br />These are: increase the price of water; increase the price of project use <br />power; ad valorem taxes; fees on nonreimbursables; a State water resource <br />development fund; a regional reclamation fund; taxes on mineral extraction; <br />Federal and State land fees and additional new power facilities. Ad valorem <br />taxes and taxes on mineral extraction appear to have the most promise from <br />among these other revenue sources. <br /> <br />Nontraditional Sources of Capital <br /> <br />Nontraditional methods of obtaining capital for constructing authorized <br />projects were also researched. The most promising appear to be bond financing <br />by non-Federal entities (including beneficiary financing), State financing, <br />and extending the Upper Colorado River Basin revolving fund to include <br />disbursements for construction. Less promising alternatives identified were <br />private financing, trust funds, an Authorized Projects Bank, and selling stock <br />in the Federal Power System. The studies showed that some financing <br />mechanisms, such as a construction revolving fund or low interest-bearing <br />State funding, would require a substantially smaller increase in rates to <br />achieve project repayment within the authorized period, than would other <br />financing mechanisms. <br /> <br />3 <br />