10 ‎(5)‎

• Board Meeting Date: 11/18/2008
• Description: IWMD Section - Water Supply Reserve Account - Amendments to the WSRA Criteria and Guidelines
• Board Meetings - Doc Type: Memo

STATE OF COLORADO
Colorado Water Conservation Board
Department of Natural Resources
1313 Sherman Street, Room 721
Denver, Colorado 80203
Phone: [phone]
Fax: [phone]
www.cwcb.state.co.us
Bill Ritter, Jr.
Governor
TO: CWCB Members
Harris D. Sherman
DNR Executive Director
FROM: Eric Hecox and Todd Doherty
Jennifer L. Gimbel
Intrastate Water Management and Development Section
CWCB Director
Dan McAuliffe
DATE: November 9, 2008
CWCB Deputy Director
SUBJECT: Agenda Item 10 – November 18-19, 2008 Board Meeting
Water Supply Reserve Account – Amendm ents to the WSRA Criteria and
Guidelines
Staff Recommendation
Staff recommends that the Board approve the amended version of the Water Supply Reserve
Account (WSRA) Criteria and Guide lines and to direct staff to request approval of the amended
version by the IBCC at th eir next meeting.
Background
In October of each year the CWCB and IBCC join tly consider and make any necessary revisions
to the Water Supply Reserve Account Criteria and Guidelines. The subcommittee met on
th
October 28 and agreed upon several amendments. Fo r your review, a ‘redlin ed’ version of the
Criteria and Guidelines is attached. In summar y, the amendments involve the following areas:
1. Matching Requirement: For requests from the Statewide Fund, the applicants will be
required to demonstrate a 20 percent (or grea ter) match of the total request from the
Statewide Account. The matching funds may co me from the applicant, funds leveraged
from other sources, in-kind services, or WSRA Basin Funds. Past e xpenditures directly
related to the project may be considered as matching funds if the expenditures occurred
within 9 months of the date the app lication was submitted to the CWCB.
2. Allocation of funds between Basin and Statewide Accounts: On July 1, 2009, $300,000
will be allocated to each Basin Account ($2.7 million total) and the remaining $7.3
million will be allocated to th e Statewide Account. If the annual funding is other than
$10,000,000, the Statewide Account will receive 73% and the aggregate Basin Accounts
will receive 27%. The subcommittee agreed to revisit this item each year.
3. Eligible Entities: Amendments clarify which entities are qualified to receive funds from
the Basin and Statewide Accounts.
Water Supply Protection • Watershed Protection & Flood Mitigatio n • Stream & Lake Protection • Water Supply Planning & Finance
Water Conservation & Drought Planning • In trastate Water Management & Development