Transcript Slide 1
The Colorado Water Conservation Board Finance Section Chief : Tim Feehan, P.E. Meeting Colorado’s Future Water Needs With Limited Resources 2010 Colorado Water Workshop Colorado Water Conservation Board Presentation Summary: 2050 M&I Gap Projections Meeting Colorado Water Demands Colorado Water Conservation Board Presentation Summary: CWCB Loan Program & Other Funding Options Summary Carl Trick Jeff Blakeslee 14 Projects $23,000,000 3 Projects $1,500,000 Eric Wilkinson 206 Projects $393,000,000 John Redifer 67 Projects $101,000,000 Barbara Biggs John McClow 32 Projects $10,000,000 Reed Dils Travis Smith April Montgomery 30 Projects $39,000,000 17 Projects $6,800,000 51 Projects $103,000,000 List of Reports • 2050 M&I Water Use Projections– final complete • Energy Study Phase 2 Revised Water Use Scenarios Memo – draft roundtable product complete; finalize in August • M&I Gap Analysis – draft scheduled for August • Reconnaissance Level cost Estimates for Ag & New Supply Strategy Concepts– final complete • Ag Demands/ Alternative Transfer Methods – draft complete; finalize in 2010 Statewide Water Needs Assessment (SNA) • Nonconsumptive: – Watershed Flow Evaluation Tool Pilot Study– final complete – NCNA Focus Mapping (Phase 1 )– final complete – NCNA Phase 2 – draft complete; finalize in 2010 State Needs Assessment • Conservation Products: – SWSI Conservation Levels Analysis – final complete – Evaluation of Passive Savings– final complete – Guidebook of Best Management Practices for Municipal Water Conservation in Colorado– final scheduled for August – M&I Conservation Strategies – draft scheduled for September; finalize in 2010 SNA – Feasibility Study to Assess the Permanency & Penetration Rates of M&I Water Conservation – draft scheduled for October; finalize in Dec. 2010 • Portfolios and Strategies – draft scheduled for September – Density Memo – draft completed and will be appendix for portfolios memo • Final 2010 State Needs Assessment Report – due Nov/Jan timeframe Reports in M&I Context State of Colorado 2050 M&I Needs Oil Shale Phase II and Portfolio to Meet NeedsATM Methods Acre-Feet/Year Energy Report 1,000,000 The Gap Ag Transfer & New Supply Development Cost Estimates Density Memo 500,000 M&I Demands to 2050 Identified Projects & Processes (IPPs) 0 Conservation Strategy 2050 M&I Water Needs 2050 SSI Water Needs Passive Conservation Report 2050 Oil Shale Water Needs Passive M&I Conservation IPPs Conservation Land Use/Density New Supply Development New Supply Development Reuse Agricultural Transfer Agricultural Transfer Reuse Reuse for Ag Use M&I Needs Portfolio 2050 M&I and SSI Demand 2,500,000 Yampa Basin SSI Yampa Basin M&I Southwest SSI Water Demands (acre-feet/year) 2,000,000 Southwest M&I South Platte Basin SSI South Platte Basin M&I 1,500,000 Rio Grande Basin SSI Rio Grande Basin M&I North Platte Basin SSI North Platte Basin M&I 1,000,000 Metro Basin SSI Metro Basin M&I Gunnison Basin SSI 500,000 Gunnison Basin M&I Colorado Basin SSI Colorado Basin M&I 0 Arkansas Basin SSI Low 2008 2035 Middle 2050 High Arkansas Basin M&I M&I Gap – Low Scenario 2050 Gap - Low Scenario (150,000 AFY) 2,000,000 Acre-Feet/Year 1,500,000 IPPs if 100% Successful 1,000,000 Existing Supplies and Systems 500,000 2008 2010 2020 2030 2040 2050 M&I Gap – Medium Scenario 2050 Gap - Medium Scenario 360,000 AFY 2,000,000 Acre-Feet/Year 1,500,000 IPPs based on IBCC Input 1,000,000 Existing Supplies and Systems 500,000 2008 2010 2020 2030 2040 2050 M&I Gap – High Scenario 2050 Gap - High Scenario 580,000 AFY 2,000,000 Acre-Feet/Year 1,500,000 Status Quo IPPs 1,000,000 Existing Supplies and Systems 500,000 2008 2010 2020 2030 2040 2050 Addressing the M&I Gap Strategies Agricultural Transfer Portfolio Colorado River System Conservation IPPs Mid Demand/ Mid Supply Working Portfolio Goals Projects and Methods • Agricultural Transfers (Traditional and Alternative) South Platte Basin Arkansas Basin • Green Mountain • Yampa • Flaming Gorge • Blue Mesa • Percent Savings Off of 2008 Water Usage • Providers current conservation plans and optimization of existing infrastructure • Southern Delivery System, Arkansas Valley Conduit, Wolcott Reservoir, Elkhead Enlargement, Moffat Collection System, Rueter Hess Enlargement, Thornton Northern Project, Prairie Waters, Chatfield Reallocation, Northern Integrated Supply Plan (NISP), Windy Gap Firming, Halligan Enlargement, Seaman Enlargement • 60 to 70 Percent Statewide Success Rate Desired on IPPs • 15 to 20 Percent off of 2008 Demand • Agricultural Transfers Between 60,000 to 200,000 out of ag AF • 350,000 AF from New Supply Development for East Slope and West Slope 2050 Changes in Irrigated Acres 18,000acres 66,000 acres 180,000 to 267,000 acres 51,000 acres 77,000 acres 21,000 to 28,000 acres 35,000 to 73,000 acres 83,000 to 7,000 to 84,000 acres 13,000 acres Statewide Total: 504,000 to 718,00 acres 15 to 20 percent Reports in the M&I Context ATM Methods State of Colorado 2050 M&I 1.Needs Presumptive Consumptive Use and Portfolio to Meet Needs Oil Shale Phase II 2. Ability to transfer part of CU 3. Ditch-wide analysis Energy Report Acre-Feet/Year Build-out: 0, 59, 120 KAF 2050 Range: 0, 7.2, 44 KAF 1,000,000 The Gap 150 KAF to 580 KAF 27-37% w/ IPPs @ 100% Success New M&I Demands to 500,000 2050 Ag Transfer & New Supply Development Cost Estimates Life Cycle Costs: Ag $16 B-$24 B New $16 B-$19 B Density Memo 2050 Baseline Demands: 745 KAF to 1.1 MAF 10% off new metro supplies (35 KAF). Generally x % denser = x/2% water savings IPPs 439 KAF to 596KAF 0 Needs: Other • Nonconsumpitive: M&I Needs Portfolio Conservation Strategy 700+ Projects & Methods finalized for whole state 2050 M&IMapping Water Needs 2050 SSI Water Needs 2050 Oil Shale Water Needs • Agricultural Needs: Passive M&I Conservation Conservation IPPs 2050 Ag Demands: Land Use/Density 5.6 MAF (15 to 20 % decrease inNew Supply Development irrigated acres) Agricultural Transfer Agricultural Transfer Reuse 157 KAF - 522 KAF Passive Conservation New Supply Development Reuse Report Reuse for Ag Use 154 KAF Funding $$$$ Financing/ Water Project Loans • Low Interest Loans for Water Projects (2.75% for ag) – – – – Rehabilitation Dam Safety Restrictions New or Increased Storage Purchase of Water Rights • 424 Project Authorized Since 1971 • $704M in Loan Funds Approved To-date • 50 Projects in Design/Const. - $331M CWCB’s Funds $0 General Fund $ Construction Fund & Severance Tax Trust Fund Perpetual Base Account CWCB is Self-Supporting CWCB REVOLVING FUNDS 1. Construction Fund – Principal & Interest from Loans, Treasury Interest & Federal Mineral Lease. 2. Severance Tax Perp. Base Fund Principal & Interest from Loans, Treasury Interest, and 25% of all Severance Tax. Legislative Cash Transfers $130M transferred FY09/10 CWCB’s Fund Equity Growth $450 $400 EQUITY (millions) $350 $300 $250 $200 $150 Construction Fund Severance Tax $100 Lost Growth - CF $50 Lost Growth - ST $0 CWCB’s Federal Mineral Lease and Severance Tax Revenues $80 $70 $ Millions $60 $50 $40 $30 Mineral Lease $20 $10 $0 Severance Tax Program Impacts - CWCB • • • • • No New Loans 2010, 2011, - ? No New Statewide or Basin Grants No New Studies Compact Compliance Limited Resources for Satellite Monitor and Stream Gauge Monitoring and Decision Support System Program Impacts – (SEO) • Stream Gauge Monitoring Program at Risk • Reduced SEO Funding Levels: – 2,900 Dams/Reservoir – 1,904 Jurisdictional – 118,000 AF of Restricted Storage Statewide – 243 SWSP’s reviewed 2008 – 5,600 Well Permit Applications Reviewed – 1,174 Small/Large Capacity Well Permits Issue – Adm. of 14M AF of Annual Surface Diversions Other Funding Options • • • • • Water and Power Development Authority USDA Rural Development Natural Resources Conservation Service Department of Local Affairs Federal Projects Summary • • • • • • Water shortage is not just a 2030/50 Issue Conservation, Re-use, Alt. Transfer Methods Additional Storage Rehabilitation of Existing Infrastructure Funding and Impacts Get Involved