Laserfiche WebLink
<br />~' <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />ST A TE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313Sh..rlThlnSlr......t, Ruom721 <br />D<:>nwr, Colorado ~2OJ <br />Phon..: (303J8h6-3+H <br />FAX: (303) 86b-t47-l <br />w....w.cwcb_swt....co_u.. <br /> <br /> <br />81110w..n5 <br />Governor <br /> <br />~I E ~I 0 R A l' D U ~I <br /> <br />Russell Georg.. <br />EX~l1vt'Olwctor <br /> <br />TO: <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Colorado Water Conservation Board Members <br /> <br />Mike Serlel. ?E..-..tfU <br />Chief, Water SupplyPl~ning and Finance Section <br /> <br />Dan McAulij{e <br />Deputy Dinxtor <br /> <br />FROM: <br /> <br />DATE: <br /> <br />~ovembcr 7. 2005 <br /> <br />SUBJECT: <br /> <br />Agenda Item 22b, Nonmber 15-16. 2005 Board .'\leeting <br />'''ater Supply Planning and Finance <br />Estimare of Funds Available for !'ien' Projects in 2006 <br />Severance Tax Trust Fund Perpetual Base Account <br /> <br />Introduction <br />This financial information is for the Board's use in evaluating the availability of additional <br />functs from the Severance Tax Trust Fund Perpetual Base Account for new loans to finance future <br />water projects. <br /> <br />Back~round <br />The infomlation for the Severance Tax Trust Fund Perpetual Base Account is based on the <br />closing reports for the fiscal year ended June 30. 2005. A total of approximately S89.3 million is <br />projected as available for modifications to previous loan authorizations and new construction project <br />loans in 2006. <br /> <br />Discussion <br />Attached is a financial projection summarizing the FY 2005-06 Severance Tax Trust Fund <br />Perpetual Base Account cash available and projected expenses. Total revenue available for new <br />projects and other expenses is S89.3 million. Projected expenses are approximately 540.2 million, <br />leaving a projected balance of approximately 549.1 million. This number includes loan projects <br />presented al the November Board meeting. <br /> <br />Conclusion <br />As of the dale of this memo, it appears sufficienl cash will be available to fund the <br />applications shown on the attached list. <br /> <br />Flood Pl\lt"'li{'n. Wat<'r Supply PJanmn~ and Flnane;'. Slr.'am and Lake I'rot...."'m <br />Wal<>rSuppJy I'ml,>clLon. Con""n.'ati'lIl and Drou~ht I'Janninl' <br />