#ArkansasRiver: Southeastern District approves $22.3 million budget

Fryingpan-Arkansas Project via the Southeastern Colorado Water Conservancy District

Here’s the release from the Southeastern Colorado Water Conservancy District (Chris Woodka):

Southeastern District approves $22.3 million budget

The Southeastern Colorado Water Conservancy District Board of Directors Thursday approved a $22.3 million budget for 2019 that includes payments for the Fryingpan-Arkansas Project, support for the Arkansas Valley Conduit and the anticipated opening of a hydroelectric generation plant at Pueblo Dam.

Most of the budget comprises pass-through payments to the U.S. Bureau of Reclamation.

Fry-Ark Project costs total $8 million, which includes $1.46 million for repayment and $6.54 million for operation and maintenance. An amendment to the repayment contract this year established a fixed rate of repayment, and a maintenance fund for the project. The project includes Pueblo Dam, Twin Lakes, Turquoise Lake and a Western Slope collection system that brings water from the Colorado River basin into the Arkansas River basin.

Fountain Valley Authority payments total $5.36 million. The Fountain Valley Authority includes Colorado Springs, Fountain, Security, Widefield and Stratmoor Hills. Its water supply comes from Pueblo Dam through a pipeline constructed in the 1980s.

The District also will pay $272,382 on behalf of participants in the Excess Capacity Master Contract at Pueblo Reservoir. The contract was established in 2016 to allow participants to store water in the reservoir when space is available.

The budget projects $350,000 for spending in support of the Arkansas Valley Conduit. Reclamation has $6.8 million available for AVC-related activities as well.

The $20.3 million hydroelectric plant at Pueblo Dam is expected to come online in early 2019. The plant is nearing completion and was financed with a $17.3 million loan from the Colorado Water Conservation Board, and a $3 million loan from the District’s Enterprise Fund. Power will be sold to the city of Fountain and Fort Carson through Colorado Springs Utilities. Revenues are expected to total $900,000 in 2019.

The District mill levy for the coming year will by 0.944 mills, which is not substantially different from previous years. The District covers parts of nine counties from the Arkansas River headwaters to the Kansas state line.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.