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<br />17.25
<br />18
<br />
<br />FRYING PAN-ARKANSAS PROJECT, COLORADO
<br />
<br />Function all(! nQurce of re....enue:
<br />Irrigation and cti~.t.rict: .
<br />Project water (5G,700 acre-feet at $3.60.1-________________
<br />Twin Lakes service (12,500 acre-feet at $2)_______________
<br />District, tax ($132 million at 1 mill minus 10 percent)______
<br />
<br />Subtot.al____ - - _ _ - __ - - - - -- -- - - - - - - - - -- - - - - - --- - - -----
<br />LesR operation, maintenance, and replacemenL_____ -- - - ---
<br />
<br />Annual ~alue
<br />$204, t20
<br />2,5,000
<br />119. 000
<br />348, 120
<br />76,080
<br />
<br />Net irrigation revellues___ -- -- - -- - - -- - - ~ - -- -- - - - -- -- --
<br />
<br />272,040
<br />
<br />Power:
<br />370,000,000 kilowatt-hours at 5.5 mills; 97,12f:i,OOO kilowatt-
<br />hours at 3.5 mill8__________~_________~~_____________R
<br />Less operation, maintenance, and replacementn -- -- - -- ---
<br />
<br />2,374,U38
<br />854,050
<br />
<br />Net power reVel1ueS_n_hunhun____n___n_______ 1,520,888
<br />Municipal and industrial water:
<br />Municipal supplie~ (38,000 acre-feet at various rates)______
<br />Colorado Fuel & Iron (4,000 acre-feet at $2)____________n
<br />
<br />1,476,410
<br />8,000
<br />
<br />SubtotaL___n_ _ __n_ ______n_ _ __ ___n_ _______ - n___ 1,484,410
<br />Less operation, maintenance, and replacement______n__h_ 405,070
<br />
<br />Net municipal water revenue3_n_____n___n____n____ 1,079,340
<br />
<br />Total annual net project re\.enue________________~_____ 2,872,208
<br />69. Parts of the interest on return payments from power (3 pereent,)
<br />and munieipal water (2 percent) would he applied to the irrigat,ioll
<br />investment. The sources of revenue for retirement of returnable
<br />costs are shmvn helow.
<br />
<br />, I
<br />
<br />Source Project Cost
<br /> revcnue allocation
<br />lrrigatlon:
<br />Nfl revenue, Irrigators nnd district, 40 years_ _.n__n___. n_____ h____. tl0,~I,OOO
<br />From power revenue, 38 yonrs. .__. uu_.__ _u__u___..___u_.______u 35.4';8.000
<br />From municipal water rC\.cllue. 38 years_.n.__u._n_______ ____n____ 13, ~iO, 400
<br />Retired aUocatloD_.______u..______.._n n_______._ ______..___n____ _u____n.u____ &Ml, 030,000
<br />Power: 1l(1,32(lJ3
<br />Net reveaull. 53 J"ea13un__u.__ ..____uu_ ___________u______u_n__._
<br />Less intOlcst to irrigation, 38 years._u_.u__u___n.._______.__nu_._ -3~,4j'8,OOO
<br />LPS.!l unapplierllntercsL_ u. u___ __.u__u_ _unnn___u_______u___ -4,570,849
<br />Lcssumed surplus, f1Hy.thlrd yeB.r_____________. ._..________n_._.__. -243,264
<br />Retired allocatlon_. _nn___u _ hu__un.. n____._n .u_u__..uu_ -------------_.- 40,032,000
<br />Municipal water: Net revellue, 40 }'enr.I ___ __uu_ ._u_uu_u__uu__u.u__u___u___._ 43,173,l'1OO
<br />Less interest to irrigation, 38 ~'ear!ln_ __un u____n_ _n____. u____. .u_ -13,~iO.400
<br />Less una.pplied interest__ _ _. _u_n_u... _nu__u _ n__n.. ______unn_ -i2,MO
<br />LeS.!l earned !urplU3, fortieth year._n __u_____ __. _n__. __n ____ -------- -8,531
<br />Retired B.llocatlon_. ________n___ n.' _________.______________________ n___________.__ 2ll,!i22,00J
<br />Total aJloeatlon returned by re'i'enUel___n______n___._________n___ .u.... u______ 1211,4S4,OOO
<br />
<br />j
<br />I
<br />
<br />70. If tbe value for the regulation of winter water is estimated at
<br />$1.25 per aere-foot, which is comparable to current eosts for like
<br />services, an additional return of $3,700,000 or more ean be e.~pected
<br />from irrigation over the repavment period. The actual "alue remains
<br />to be determined. The value of this serviee must be an amount
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