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<br />TABLE OF CONTENTS <br /> <br />CONTENTS <br /> <br />PAGE <br /> <br />Chapter I. <br /> <br />Benefit Cost Analysis," An <br />Overview -~--~---~-~-~-----~--~~~ <br /> <br />1 <br /> <br />Introduction ~~-~~~--~~-~-~~~~~---,~-~~-~~-~ 1 <br />Definition _L~~~____-~_--~~-_---~_~___~___ 3 <br />Decision Making Criteria -_---~-~~~-_~_-_~~~-- 5 <br />. Net Present Value ~---~~-------~-~----r-- 6 <br />Internal Rate of Return r_-~~--~-r-__~--r 7 <br />Benefit Cost Analysis -----~----~---~---- 8 <br />Equity ~~~-~~~~_-~-~--~------~--~__~-~--- 9 <br />Bureau of Reclamation Benefit Cost <br />Analysis ~~-~---~~~-~~~--~--_--~--~--- 9 <br />Purpose of This Study ~-~-~~-_----~--r_----~-- 18 <br /> <br />Chapter II. Analysis of Benefits ~--~--__-~--- 20 <br /> <br />Initial (1977) Benefit Estimates ~-~---~___~-- 20 <br />Irrigation ~~~~~~~~~~-~~~~~~-~-~-~------ 21 <br />Municipal and Industrial ~----~--__----~_ 22 <br />Recreation ~~~r~~~_--~~~w~~~~~_~~_~_~_~_- 23 <br />Fish and wildlife ----_~_--~_-~-~~~~_-_-- 23 <br />Current (1984) Benefit Estimates - Bureau <br />of Reclamation _-~____rL_~__~_~_~-_---___--~ 24 <br />Differences Between 1977 and 1984 <br />Estimates ~_~L~~_~_~~~~_~___~~~~~~~~~__ 25 <br />1977 Economic Benefit Study r Southwestern <br />Water Conservation District ----_-~_-~r_r-__ 27 <br />Differences Between Bureau and FOCERI <br />Benefit Estimates --~-r__-~r___-_--_r-~_---- 28 <br />Additional Benefits _~_r_~~F_--__r-__-_-_ 29 <br />1984 Benefits Re_examined --~-~_--__--_r-~F_rr 31 <br />Construction Impacts -r__.r~--~__~r__---- 31 <br />Multiplier Impacts ---r_-----r--_-____-__ 32 <br />1984 Expanded Benefits -""'_i-",---.'-'-'-"'''..r-- 34 <br />Additional Benefits of the Animas La Pl~ta <br />Project from Settling Native American <br />Water Rights Claims ----~...___-_--~--~~--_~-- 36 <br />Losses -r.-:.......,.;.I;;.~O:"I-O:'E_(----~_"'l'~~f""~}..--.:.I_-:...t"i...-"':"-... 3 7 <br />Losses due to forced conversion <br />from irrigation to dry land <br />technologies _-r-----------...---~-- 38 <br /> <br />l <br /> <br />~ <br />