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<br />II. Economic Analysis <br /> <br />A. Benefit-Cost Ratio <br /> <br />At the rate of 6 3/8%, the direct benefit-cost ratio is .9 to <br /> <br />1. At this rate, there are no net remaining economic benefits. Using <br /> <br />the 3 1/4% rate at time of auth~rization, the direct benefit-cost ratio <br /> <br /> <br />was 1.0 to 1 and the total benefit-cost ratio was 1.7 to 1. The direct <br /> <br />benefit-cost ratio, using 3 1/4%, is 1.4 to 1 and the total benefit-cost <br /> <br />ratio is 1.5 to 1. <br />- <br /> <br />B. Repayment <br /> <br />. <br />Seventy five percent of the project allocated costs are reim- <br /> <br />" <br /> <br />bursable and would be repaid by project beneficiaries as follows: <br /> <br />Forty-eight percent or $27,966,000 by municipal and industrial water users, <br /> <br />11 percent or $6,266,000 by irrigators, $8,886,000 or 15 percent from the <br /> <br />Upper Colorado River Basin Fund, and the remaining 1, percent amounting <br /> <br />to $332,000 from the Colorado River Development Fund. The remaining 25 <br /> <br />percent or $14,509,000 is non-reimbursable and is allocated to recreation <br /> <br />and fish and wiidlife. <br /> <br />C. Beneficiaries and employment <br /> <br />Project irrigation water would be made available to 2,350 farms <br />- <br /> <br />representing '8,200 individuals. Municipal water would be utilized by <br /> <br />22,400 individuals initially and by 95,000 eventually. <br />------ <br /> <br />Recreational use <br /> <br />--- <br /> <br />would be about 354,000 visitor-days annually. The number of light industrial <br /> <br />users has not been determined. At the peak of construction, 1,040 <br /> <br />persons would be employed at a salary of $16,600,000 annually and 25 <br /> <br />persons would be employed in the operation of the",proj ect. <br /> <br />.It. <br />rl <br /> <br />1 ,. . <br />. (' ~~~~ .~ <br />