[1] NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

 

SPONSOR:

Salazar

 

DATE TYPED:

01/31/02

 

HB

173/aHAGC

 

SHORT TITLE:

Acequia De Alcalde Water Rights

 

SB

 

 

 

ANALYST:

Chabot

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$25.0

 

 

Non-Recurring

General Fund

 

SOURCES OF INFORMATION

 

LFC Files

Office of the State Engineer (OSE)

 

SUMMARY

 

     Synopsis of HAGC Amendment

 

The committee changed the revenue source to General Fund from the Irrigation Works Construction Fund and added a reporting requirement by the Acequia De Alcalde to the 2005 legislature.

 

     Synopsis of Original Bill

 

House Bill 173 appropriates $25.0 from the Irrigation Works Construction Fund to the Local Government Division of the Department of Finance and Administration (DFA) for the purpose of funding a model water rights protection project, including the identification and acquisition of available water rights at acequia de Alcalde.

 

     Significant Issues

 

OSE states that could be benefit from information gathered by the project if water rights owners file changes of ownerships and other administrative documents that are not on file.  The agency assumes that the acequia will acquire water rights from individual holders within the acequia.  However, the Interstate Stream Commission has not authorized the project and expenditures will reduce the fund balance.

 

FISCAL IMPLICATIONS

 

The appropriation of $25.0 contained in this bill is a non-recurring expense to the Irrigation Works Construction Fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2004 shall revert to the general fund.

 

TECHNICAL ISSUES

 

Change line 24 to read:  “fiscal year 2004 shall revert to the irrigation works construction fund.”  OSE recommends a detailed description of the Acequia de Alcalde in case there are districts with similar names.

 

POSSIBLE QUESTIONS

 

1.  Will this project have application to acequia districts statewide ?

 

GAC/ar/njw

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