Colorado Legislative Council Staff

STATE

REVISED FISCAL IMPACT

(replaces revised fiscal impact dated March 31, 1999)

Drafting Number:

Prime Sponsor(s):

LLS 99-0598

Sen. Dennis

Rep. Young

Date:

Bill Status:

Fiscal Analyst:

April 26, 1999

House Appropriations

Will Meyer (303-866-4976)

 

TITLE:            CONCERNING THE FUNDING OF COLORADO WATER CONSERVATION BOARD PROJECTS, AND MAKING APPROPRIATIONS IN CONNECTION THEREWITH.


Fiscal Impact Summary

FY 1999/2000

FY 2000/2001

State Revenues

Cash Fund


Interest Earnings from Loan Account

State Expenditures

Cash Fund


$11,413,380


 

FTE Position Change

2.5 FTE

0.0 FTE

Other State Impact: TABOR

Effective Date: Upon signature of the Governor

Appropriation Summary for FY 1999-2000: Department of Natural Resources: $11,188,380 CWCB Construction Fund and 2.5 FTE and $225,000 Severance Tax Trust Fund.

Local Government Impact: None



Summary of Legislation


            This bill authorizes the Colorado Water Conservation Board to loan moneys from the Colorado Water Conservation Board Construction Fund to enable the construction of the water resources projects identified in Table 1.


Table 1 - New Loans

Loan Amount

Sterling Irrigation Company - System Rehabilitation.

$318,583

Columbine Ranches Property Owners Association

305,250

City of Ouray - Skyrocket Creek Rehabilitation

25,000

Ryan Gulch Reservoir Company - Dam Rehabilitation

317,500

Leroux Creek Water Users - Dam Rehabilitation

1,250,000

Consolidated Mutual Water Company - Fortune Reservoir

10,000,000

Pine River Canal Company - Tunnel Hill Project

243,700

Total - Water Conservation Board Construction Fund

$12,460,033

            The bill authorizes the board to loan moneys from the Severance Tax Trust Fund Perpetual Base Account to enable the construction of the water resources project identified in Table 2.


Table 2 - New Loans

Loan Amount

Ute Water Conservancy District - Pipeline Replacement

$7,000,000

Total - Severance Tax Trust Fund Perpetual Base Account

$7,000,000

 

            The bill authorizes the board to increase the amounts of loans previously authorized for water resources projects identified in Table 3.


Table 3

Loan Increases

Prior

Authority

Prior Loan Amount

Increase

Revised Loan Amount

City of Loveland

HB 98-1189

$2,000,000

$3,000,000

$5,000,000

City of Sterling

HB 98-1189

550,000

610,000

1,160,000

Ute Water Conservancy - Pipeline

SB 88-30

8,000,000

2,600,000

10,600,000

North Poudre - System Rehab.

HB 98-1189

500,000

1,107,000

1,607,000

Total - CWCB Construction Fund

$11,050,000

$7,317,000

$18,367,000


            The bill deauthorizes the amounts of loans previously authorized for water resources projects identified in Table 4.


Table 4

Loan Deauthorizations

Prior

Authority

Prior Loan Amount

Decrease

Revised

Loan

Amount

City of Broomfield

HB 95-1155

$3,000,000

$3,000,000

$0

San Miguel Water Conservancy

HB 85-1042

$7,500,000

$7,500,000

$0

Lone Cone Reservoir

HB 85-1042

$1,012,500

$1,012,500

$0

Melvin L. Thiebaud

HB 95-155

$18,750

$18,750

$0

Pine River Irrigation Company

SB 92-87

$190,000

$190,000

$0

Town of Newcastle

SB 96-153

$266,500

$266,500

$0

City of Greeley

HB 98-1189

$787,500

$787,500

$0

Purgatoire River Water Conservancy

HB 98-1189

$1,000,000

$1,000,000

$0

Leroux Creek Water Users Assoc.

HB 95-1155

$150,000

$150,000

$0

Highline Buzzard Ditch Co.

SB 94-029

$50,000

$50,000

$0

Ortiz Ditch Company Rehabilitation

HB 95-1155

$20,000

$20,000

$0

City of Fort Lupton

HB 95-1155

$354,000

$354,000

$0

Total - Water Conservation Board Construction Fund

$14,349,250

$14,349,250

$0


            The bill appropriates moneys from the Colorado Water Conservation Board Construction Fund to the Department of Natural Resources for FY 1999-00 for the water resources projects identified in Table 5.


Table 5

Water Resources Projects

FY 1999-00 Appropriation

Rio Grande Compact Decision Support System Contract Yrs 2 & 3

$2,983,380

Rio Grande Compact DSS - CWCB - Retain Contractor - 1.0 FTE

100,000

Rio Grande Compact DSS - DWR - Well Data Support - 1.5 FTE

75,000

Satellite Monitoring System - Maintenance

120,000

Arkansas River Channel Restoration Study

40,000

DNR’s Electronic Document Imaging System - CWCB

270,000

South Platte River Decision Support System

100,000

Rio Grande Headwaters Restoration Project - Technical Advisory

200,000

Arkansas River Basin Water and Storage Assessment Needs Phase II

25,000

Feasibility Study Small Grant Account

200,000

Arkansas River Augmentation Loan Account

2,000,000

Colorado River Recovery Program Loan Account

5,000,000

Cherry Creek Res. - Technical Evaluation of Precipitation and Flood

75,000

Total Construction Fund Appropriations

$11,188,380

Total Personal Services

2.5 FTE


            The bill creates the Feasibility Study Small Grant Account within the Small Project Loan Account for the purpose of making small grants to help pay the costs of preparing water project feasibility studies. The bill directs the State Treasurer to transfer $200,000 from the construction fund to the Feasibility Study Small Grant Account (Table 5). The use of funds in the account will be subject to approval by the CWCB and are continuously appropriated. Any interest earned on the moneys in the account shall remain in the account and not revert to the construction fund. 


            In addition, the bill appropriates $225,000 from the Operational Account of the Severance Tax Trust Fund to the Department of Natural Resources for FY 1999-00 to continue the implementation of local, regional, and statewide water planning studies, identified in Table 6.


Table 6

Water Resources Projects

FY 1999-00 Appropriation

Implementation of Statewide Water Planning Studies

$225,000

Total Appropriations

$11,413,380


            The provisions of this bill affect state cash fund revenue and expenditures. Therefore, the bill is assessed as having a fiscal impact.



Expenditures Not Included


            Pursuant to the Joint Budget Committee’s budget policies, the following expenditures have not been included in this fiscal note:


            health and life insurance costs;

            short-term disability costs;

            inflationary cost factors;

            leased space;

            and indirect costs.



State Appropriations


            This fiscal note implies that the Department of Natural Resources should be appropriated out of the Colorado Water Conservation Board Construction Fund $11,188,380 and 2.5 FTE and $225,000 out of the Operational Account of the Severance Tax Trust Fund for FY 1999/00 to implement this bill.



Departments Contacted


            Natural Resources