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<br />..... <br />w::. <br />r-'" <br />,j:::.. <br /> <br />Repayment spreadsheet No.2 includes the <br />application of an inflation rate to the remaining <br />project costs in spreadsheet No.1. This <br />spreadsheet determines the inflation rate <br />required to bring the LCRBD Fund to a zero <br />balance by the year 2015. After a series of <br /> <br />calculations using different inflation rates, a <br />zero balance in the fund is reached by using an <br />annual inflation rate of approximately <br />6.4 percent. Based on this annual inflation rate, <br />the estimated remaining (after 1992) salinity <br />control program cost is $962 million. <br /> <br />23 <br />