ANNUAL FINANCIAL REPORT 

CENTRAL VALLEY PROJECT IMPROVEMENT ACT 

Public Law 102-575, Title XXXIV 

Revenues and Expenditures for the Periods: 

October 1, 2001 -September 30, 2002 (Actual) 

October 1, 2003- September 30, 2004 (Projected) 

March 2004 

Bureau of Reclamation 

United States Department of the Interior 
TABLE OF CONTENTS 

Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 

Actual Restoration Fund Revenues and Expenditures 

for Fiscal Year 2002 (Schedule 1) .. .. .. . ... ... . . . . .. . . . . .. .. 3 

Actual Friant Division Surcharges (Subsection 3406(c) (1)) 

for Fiscal Year 2002 (Schedule 2) . ... . .. . .. ... . . . . ... . .. . . .. 4 

Actual Restoration Payments (Subsection 3407(c)&(d)) 

for Fiscal Year 2002 (Schedule 3) .. .... .... .. . . . . . ... . .. . . .. 5 

Actual Restoration Payments (Subsection 3407(c)&(d)) 

Projected versus Actual for Fiscal Year 2002(Schedule 3A) 7 

Actual Expenditures for Fiscal Year 2002 (Schedule 4) 8 

Actual Expenditures Projected versus Actual 

tor Fiscal Year 2002 (Schedule 4A) . .. .. . . .. ... . . . . ... . .. . . .. 9 

Projected Restoration Fund Revenues and Expenditures 

for Fiscal Year 2004 (Schedule 5) . . . . .. . ... .. . . . .. ... . . . .. . 10 

Projected Friant Division Surcharges (Subsection 3406(c) (1)) 

for Fiscal Year 2004 (Schedule 6) .. .. . . . . .. ... . . . . ... . .. .. . 11 

Projected Restoration Payments (Subsection 3407(c)&(d)) 

for Fiscal Year 2004 (Schedule 7) ........................... 12 

Projected Expenditures for Fiscal Year 2004 (Schedule 8) 14 
CENTRAL VALLEY PROJECT IMPROVEMENT ACT 

ANNUAL FINANCIAL REPORT 

SUMMARY 

Subsection 3407(f) of the Central Valley Project Improvement Act (Title XXXIV 

of Public Law 102-575) provides for an annual financial report to the Senate 

Committee on Energy and Natural Resources, the Committee on Appropriations of 

the Senate, the House Committee on Resources, and the Committee on 

Appropriations of the House of Representatives. The annual financial report 

is to describe all Restoration Fund revenues and expenditures during the prior 

fiscal year and projected Restoration Fund revenues and expenditures during 

the next upcoming fiscal year. 

This report is the tenth annual financial report prepared pursuant to 

Subsection.3407(f) of the Central Valley Project Improvement Act (CVPIA) and 

covers fiscal year 2002 actual revenues and expenditures and fi.scal year 2004 

projected revenues and expenditures. For purposes of this report revenues are 

actual collections processed, and expenditures are obligations incurred. 

Schedules 1 through 4 provide summary information on fiscal year 2002 

Restoration Fund revenues and expenditures. Schedules 5 through 8 provide 

summary information on projected fiscal year 2004 Restoration Fund revenues 

and expenditures. 

This report does not include the Water and Related Resources Appropriations 

Account or State of California cost share information. These two funding 

sources are in addition to the Restoration Fund, and with the Restoration Fund 

compose the annual CVPIA program. Each funding source is considered in 

allocating the Restoration Fund to individual CVPIA activities, and CVPIA 

funding is in turn coordinated with the CALFED Bay-Delta Program to best 

ensure compatibility with and to complement CALFED initiatives. Overlapping 

CVPIA and CALFED areas are integrated as a way of using the strengths of both 

programs to maximize performance and meet program objectives. It is 

anticipated that these processes will result in a broad-based ecosystem 

management strategy wherein all parties join together in a partnership in 

their efforts toward mitigation and restoration of the environment. 

Fiscal Year 2002 

Fiscal year.2002 Restoration Fund revenues totaled $51,750,118. Fiscal year 

2002 Restoration Fund expenditures were $55,015,453. The fiscal year 2002 

Restoration Fund balance, $14,901,624(fiscal year 2001 carryover $18,166,959 -

fiscal year 2002 expenditures exceeding revenues by $3,265,335 was carried 

over into the fiscal year 2003 program. Schedule 1 summarizes fiscal year 

2002 Restoration Fund revenues and expenditures, including the carryover from 

fiscal year 2001, and the Restoration Fund balance at September 30, 2002. 

Schedules 2 and 3 provide detailed information on fiscal year 2002 revenues, 

including power payments, and water (irrigation, and municipal and industrial) 

payments by water service area. Schedule 4 lists the fish and wildlife 

restoration activities funded during fiscal year 2002 and the amounts 

attributable to each activity. 
Fiscal Year 2003 

Fiscal year 2003 Restoration Fund revenues were $47,864,401. Expenditures for 

this period were $48,897,104. Detailed fiscal year 2003 information will be 

in the next annual financial report. 

Fiscal Year 2004 

For fiscal year 2004, Restoration Fund revenues are projected to be 

$39,600,000. Schedule 5 shows the projected revenue sources for fiscal year 

2004 by authorizing subsection of the CVPIA. 

Revenues: 

Friant Division Surcharges $ 8,500,000 

Tiered Water Revenues 300,000 

Transfer Water Revenues 25,000 

M&I Surcharges 1,000 

Restoration Payments 30,774,000 

Total Projected Restoration Fund 

Revenues for Fiscal Year 2004 $39,600,000 

The Restoration Fund revenues attributable to Project Water are 

projected by applying the applicable Restoration Fund rate to the projected 

fiscal year 2004 Project Water deliveries that will be sold. Project Water 

delivery projections are updated annually under the Project's Irrigation and 

M&I water ratesetting policies. These projections serve as the primary basis 

for projecting Restoration Fund revenues. 

The Friant Division Surcharge rate for fiscal year 2004 remains at $7 

per acre-foot. Tiered Water rates specified in the contracts for delivered 

Project Water are based on percentages of contractor's total Project Water 

entitlements and the difference between full cost and cost of service rates. 

Transfer Water Revenues are based on projected acre-feet subject times a 

projected difference between full cost and cost of service rates. The M&I 

Surcharge rate equates to a 1992 Consumer Price Index Urban (CPIU) indexed 

rate of $25 per acre-foot of Project Water subject to this charge. The 

Restoration Payment rates for Project Water equate to a 1992 CPIU indexed rate 

of $6 per acre-foot for irrigation water and $12 per acre-foot for M&I water. 

These CPIU indexed rates are adjusted annually at the start of each fiscal 

year. No other Restoration Fund revenues are projected for fiscal year 2004. 

The fiscal year 2004 Restoration Fund appropriation of $39,600,000 is 

shown in schedule 8. The schedule lists the fish and wildlife restoration 

activities projected to be funded during the fiscal year and the amounts 

attributable to each activity. 

2 
Schedule 1 

Central Valley Project Improvement Act 

Restoration Fund Revenues and Expenditures (Obligations) 

for Fiscal Year 2002 

Revenues Fiscal Year 2002 

Non-Discretionary Revenues 

Pre-Renewal Charges (Subsection 3404(c)(3)) $0 

Tiered Water Revenues (Subsection 3405(d)) 178,536 

Transfer Water Revenues (Subsection 3405(a)(1 )(B)) 59,352 

Friant Qivision Surcharges (Subsection 3406(c)(1)) - See Schedule 2 7,109,684 

M&l Surcharges (Subsection 3407(d)(2)(A)) 904 

Subtotal - Non-Discretionary Revenues $7,348,476 

Discretionary Revenues 

Restoration Payments (Subsection 3407(c) & (d)) - See Schedule 3 44,401,642 

Total Restoration Fund Revenues $51,750,118 

Expenditures /1 

Expenditures (Subsections 3406 & 3408) - See Schedule 4 55,015,453 

Excess of Restoration Fund Revenues over Expenditures ($3,265,335) 

for Fiscal Year 2002 

Contributions 

Non-Federal Contributions (Subsection 3407(a)) 0 

Expenditure of Non-Federal Contributions 0 

Restoration Fund Balance at September 30, 2001 18,166,959 

Restoration Fund Balance at September 30, 2002 /2 $14,901,624 

/1 Obligations. 

12 Restoration Fund Balance results from FY 1999 and FY 2000 when Congress 

directed collections that exceeded appropriations. 

3 
Schedule 2 

Central Valley Project Improvement Act 

Friant Division Surcharges (Subsection 3406(c)(1)) 

for Fiscal Year 2002 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION M&l TOTAL 

FRIANT -KERN CANAL $5,460,013 $489,979 $5,949,992 

CROSS VALLEY CANAL 0 0 0 

MADERA CANAL 1,104,616 0 1,104,616 

FRIANT DAM 53,466 1,610 55,076 

MENDOTA POOL 0 0 0 

Total $6,618,095 $491,589 $7,109,684 

4 
Schedule 3 

Page 1 of 2 

Central Valley Project Improvement Act 

Restoration Payments {Subsection 3407(c) & (d)) 

for Fiscal Year 2002 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION _.MM_ TOTAL 

FOLSOM 

Folsom Dam & Reservoir $45,254 $555,596 $600,850 

Folsom-South Canal 8,519 94,436 102,955 

Sugar Pine Dam & Reservoir 0 14,096 14,096 

Sly Park Dam & Reservoir 45,943 286,159 332,102 

Total Folsom 99,716 950,287 1,050,003 

TRACY 

Contra Costa Canal 356,711 868,372 1,225,083 

Delta-Mendota Canal 1,731,071 121,740 1,852,811 

San Luis Canal-Tracy 950,218 10,527 960,745 

New Melones Dam & Reservoir 0 25,254 25,254 

San Felipe Unit 310,962 1,739,989 2,050,951 

Total Tracy 3,348,962 2,765,882 6,1.14,844 

FRESNO 

San Luis Canal-Fresno 5,482,500 246,422 5,728,922 

Friant Dam 56,804 3,342 60,146 

Friant-Kern Canal 5,539,676 1,706,363 7,246,039 

Cross Valley Canal 417,807 0 417,807 

Madera Canal 1,284,029 0 1,284,029 

Delta-Mendota Pool 238,854 0 238,854 

Buchanan Unit 180,960 0 180,960 

Hidden Unit 180,960 0 180,960 

Total Fresno 13,381,590 1,956,127 15,337,717 

SHASTA 

Clear Creek Unit 0 24,221 24,221 

Shasta Dam & Reservoir 0 37,056 37,056 

Spring Cr.eek Conduit 0 66,918 66,918 

Cow Creek Unit 0 80,501 80,501 

Toyon Pipeline 0 26,429 26,429 

Sacramento River - Shasta 18,184 22,839 41,023 

Total Shasta 18,184 257,964 276,148 

5 
Schedule 3 

Page 2 of 2 

Central Valley Project Improvement Act 

Restoration Payments (Subsection 3407(c) & (d)) 

for Fiscal Year 2002 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION ___MM_ TOTAL 

WILLOWS 

Corning Canal 0 0 0 

Tehama-Colusa Canal 573 2,714 3,287 

Black Butte Dam & Reservoir 0 3,114 3,114 

Colusa Basin Drain 17,174 0 17,174 

Feather River 71,592 0 71,592 

Sacramento River - Willows 876,537 94,614 971,151 

Total Willows 965,876 100,442 1,066,318 

Restoration Payments 

Irrigation and M&l $17,814,328 $6,030,702 $23,845,030 

Restoration Payment - Irrigation $17,814,328 

Restoration Payment - M&l 6,030,702 

Restoration Payment - Power 20,556,612 

Total $44,401,642 

6 
Schedule 3A 

Central Valley Project Improvement Act 

Restoration Payments (Subsection 3407(c) & (d)) 

Projected versus Actual 

for Fiscal Year 2002 

WATER SALES REVENUES($) 

SERVICE AREA PROJECTED ACTUAL DIFFERENCE 

Black Butte Dam & Reservoir $1,762 $3,114 $1,352 

Buchanan Unit 179,213 180,960 1,747 

Clear Creek Unit 23,268 24,221 953 

Colusa Basin Drain 49,015 17,174 (31,841) 

Contra Costa Canal 1,253,526 1,225,083 (28,443) 

Corning Canal 0 0 0 

Cow Creek Unit 70,356 80,501 10,145 

Cross Valley Canal 213,428 417,807 204,379 

Delta-Mendota Canal 1,709,153 1,852,811 143,658 

Delta-Mendota Pool 376,825 238,854 (137,971) 

Feather River 73,843 71,592 (2,251) 

Folsom Dam & Reservoir 634,563 600,850 (33,713) 

Folsom-South Canal 154,392 102,955 (51 ,437) 

Friant Dam 53,003 60,146 7,143 

Friant-Kern Canal 8,680,292 7,246,039 (1 ,434,253) 

Hidden Unit 179,213 180,960 1,747 

Madera Canal 2,134,880 1,284,029 (850,851) 

New Melones Dam & Reservoir 0 25,254 25,254 

Sacramento River - Shasta 190,159 41,023 (149,136) 

Sacramento River- Willows 1,760,599 971,151 (789,448) 

San Felipe Unit 1,671,794 2,050,951 379,157 

San Luis Canal-Fresno 6,471,726 5,728,922 (742,804) 

San Luis Canal-Tracy 934,781 960,745 25,964 

Shasta Dam & Reservoir 41,443 37,056 (4,387) 

Sly Park Dam & Reservoir 303,176 332,102 28,926 

Spring Creek Conduit 79,809 66,918 (12,891) 

Sugar Pine Dam & Reservoir 106,035 14,096 (91,939) 

Tehama-Colusa Canal 1,688 3,287 1,599 

Toyon Pipeline 36,634 26,429 (10,205) 

Restoration Payments - Water $27,384,576 $23,845,030 ($3,539,546) 

Restoration Payments -Water (Irrigation and M&l) $23,845,030 

Restoration Payment - Power 20,556,612 

Total $44,401,642 

7 
Schedule 4 

Central Valley Project Improvement Act 

Expenditures (Obligations) for Fiscal Year 2002 

FISH AND WILDLIFE RESTORATION ACTIVITIES SUBSECTION AMOUNT($) 

Habitat Restoration, Improvement, & Acquisition 

Anadromous Fish Program 3406(b)(1) 4,355,059 

Other CVP Impacts 3406(b)(1) Other 2,362,583 

Dedicated Project Yield 3406(b)(2) 941,064 

Water Acquisition 3406(b)(3) 16,767,373 

Evaluate Project Operations 3406(b )(9)(1 9) 40,971 

Trinity River Restoration 3406(b )(23) 709,364 

Stanislaus River Basin Water Needs 3406(c) (1,574) 

San Joaquin Basin Action Plan 3406(d) 1,838,678 \ 

Refuge Water Supply 3406(d)(1-4) 377,206 \ 

Refuge Wheeling 3406(d)(5) 8,074,125 I 

Private Wetlands Investigation 3406(d)(6) (9,599) 

Ecosystem/Water Operations Study 3406(g) 2,952,968 

Land Retirement 3408(h) 1,526,182 

Other Fish and Wildlife Restoration Activities 

Tracy Pumping Plant 3406(b)(4) 3,541,688 

Coleman Nat Fish Hatch & Keswick Mods 3406(b )(11) (164,990) 

Clear Creek Restoration 3406(b )( 12) 491,702 

Spawning Gravel 3406(b)(13) 487,419 

CVP Project Assessment/Monitoring Program 3406(b )( 16) 288,068 

GCID -Hamilton City Pump 3406(b )(20) 2,000,000 

Unscreened Diversions 3406(b )(21) 7,937,693 

Flood Agr Lands for Waterfowi/Yid Enhmt 3406(b )(22) 499,473 

Total Expenditures (Obligations) Fiscal Year 2002 $55,015,453 

8 
Schedule4A 

Central Valley Project Improvement Act 

Expenditures {Obligations) 

Projected versus Actual 

for Fiscal Year 2002 

FISH AND WILDLIFE RESTORATION ACTIVITIES SUBSECTION PROJECTED ACTUAL DIFFERENCE 

Habitat Restoration, Improvement, & Acquisition 

Anadromous Fish Program 3406(b){1) $7,000,000 4,355,059 ($2,644,941) 

Other CVP Impacts 3406{b )( 1) Other 3,000,000 2,362,583 (637,417) 

Dedicated Project Yield 3406{b){2) 900,000 941,064 41,064 

Water Acquisition 3406(b)(3) 6,620,000 16,767,373 10,147,373 

Evaluate Project Operations 3406{b )(9)(19) 250,000 40,971 (209,029) 

Trinity River Restoration 3406(b)(23) 0 709,364 709,364 

Stanislaus River Basin Water Needs 3406(c) 0 {1,574) (1,574) 

San Joaquin Basin Action Plan 3406{d), (1), & (5) 14,242,000 10,290,009 (3,951,991) 

Private Wetlands Investigation 3406(d)(6) 0 (9,599) (9,599) 

Ecosystem/Water Operations Study 3406(g) 3,502,000 2,952,968 (549,032) 

Land Retirement 3408(h) 3,025,000 1,526,182 (1,498,818) 

Other Fish and Wildlife Restoration Activities 

Tracy Pumping Plant 3406(b)(4) 10,000,000 3,541,688 (6,458,312) 

Coleman Nat Fish Hatch & Keswick Mods 3406(b)(11) 0 (164,990) (164,990) 

Clear Creek Restoration 3406(b)(12) 1,000,000 491,702 (508,298) 

Spawning Gravel 3406(b)(13) 1,000,000 487,419 (512,581) 

CVP Project Assessment/Monitoring Program 3406(b)(16) 1,000,000 288,068 (711 ,932) 

GCID- Hamilton City Pump 3406(b )(20) 0 2,000,000 2,000,000 

Unscreened Diversions 3406(b )(21) 3,000,000 7,937,693 4,937,693 

Flood Agr Lands for Waterfowi/Yid Enhmt 3406(b)(22) 500,000 499,473 (527) 

Total Expenditures (Obligations) Fiscal Year 2002 $55,039,000 $55,015,453 ($23,547) 

9 
Schedule 5 

Central Valley Project Improvement ;Act 

Projected Restoration Fund Revenues and Expenditures (Obligations) 

for Fiscal Year 2004 

Revenues Fiscal Year 2004 

Pre-Renewal Charges (Subsection 3404(c)(3)) $0 /1 

Tiered Water Revenues (Subsection 3405(d)) 300,000 

Transfer Water Revenues (Subsection 3405(a)(1 )(B)) 25,000 

Friant Division Surcharges (Subsection 3406(c)(1))- See Schedule 6 8,500,000 

M&l Surcharges (Subsection 3407(d)(2)(A)) 1,000 12 

Restoration Payments (Subsection 3407(c) & (d)) - See Schedule 7 30,774,000 7

Total Projected Restoration Fund Revenues $39,600,000 

Expenditures /3 

Expenditures (Subsections 3406 & 3408) --See Schedule 8 39,600,000 

Contributions 

Non-Federal Contributions (Subsection 3407(a)) -----'--0 /4 

FY 2004 Projected Revenues over (under) Expenditures $0 

Restoration Fund Balance projected at September 30, 2003 14,901,624 

Restoration Fund Balance Projected at September 30, 2004 $14,901,624 

/1 Pre-Renewal Charges of less than $1,000 from one contractor (Elk Creek CSD) are expected. 

12 M&l Surcharges have been about $1,000 per year from one contractor (U.S. Forest Service). 

M&l Surcharges are expected to continue at this rate. 

/3 Obligations. 

/4 Non-Federal Contributions (Subsection 3407(a)J are not projected until a historic basis for 

projecting such receipts is available. 

10 
Schedule 6 

Central Valley Project Improvement Act 

Projected Friant Division Surcharges {Subsection 3406(c)(1)) 

for Fiscal Year 2004 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION TOTAL 

FRIANT -KERN CANAL $7,147,418 $429,394 $7,576,812 

MADERA CANAL 921,739 0 921,739 

FRIANT DAM 0 1,449 1,449 

Total $8,069,157 $430,843 $8,500,000 

11 
Schedule 7 

Page 1 of 2 

Central Valley Project Improvement Act 

Projected Restoration Payments (Subsection 3407(c) & (d)) 

for Fiscal Year 2004 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION ~ TOTAL 

FOLSOM 

Folsom Dam & Reservoir $0 $638,458 $638,458 

Folsom-South Canal 0 211,823 211,823 

Sugar Pine Dam & Reservoir 98,307 13,746 112,053 

Sly Park Dam & Reservoir 37,805 260,221 298,026 

Total Folsom 136,112 1,124,248 1,260,360 

TRACY 

Contra Costa Canal 3,324 1,629,014 1,632,338 

Delta-Mendota Canal 1,544,095 124,273 1,668,368 

San Luis Canai.:Tracy 975,168 6,102 981,270 

New Melones Dam & Reservoir 0 0 0 

San Felipe Unit 254,563 1,517,600 1,772,163 

Total Tracy 2,777,150 3,276,989 6,054,139 

FRESNO 

San Luis Canal-Fresno 6,318,734 173,450 6,492,184 

Friant Dam 0 3,222 3,222 

Friant-Kern Canal 4,333,831 954,923 5,288,754 

Cross Valley Canal 491,752 15,147 506,899 

Madera Canal 1,024,921 0 1,024,921 

Delta-Mendota Pool 310,690 0 310,690 

Buchanan Unit 186,806 0 186,806 

Hidden Unit 186,806 0 186,806 

Total Fresno 12,853,540 1,146,742 14,000,282 

SHASTA 

Clear Creek Unit 0 10,523 10,523 

Shasta Dam & Reservoir 0 37,875 37,875 

Spring Creek Conduit 0 71,376 71,376 

Cow Creek Unit 0 69,741 69,741 

Toyon Pipeline 0 35,773 35,773 

Sacramento River ~ Shasta 78,879 176,081 254,960 

Total Shasta 78,879 401,369 480,248 

12 
Schedule 7 

Page 2 of 2 

Central Valley Project Improvement Act 

Projected Restoration Payments {Subsection 3407(c) & (d)) 

for Fiscal Year 2004 

WATER SALES REVENUES($) 

SERVICE AREA IRRIGATION M&l TOTAL 

WILLOWS 

Corning Canal 0 0 0 

Tehama-Colusa Canal 46 1,759 1,805 

Black Butte Dam & Reservoir 567 1,230 1,797 

Colusa Basin Drain 0 0 0 

Feather River 77,648 0 77,648 

Sacramento River - Willows 1,844,888 0 1,844,888 

Total Willows. 1,923,149 2,989 1,926,138 

Restoration Payments 

Irrigation and M&l $17,768,830 $5,952,337 $23,721,167 

Restoration Payment - Irrigation $17,768,830 

Restoration Payment - M&l 5,952,337 

Restoration Payment - Power 7,052,833 

Total $30,774,000 

13 
Schedule 8 

Central Valley Project Improvement Act 

Projected Expenditures (Obligations) for Fiscal Year 2004 

FISH AND WILDLIFE RESTORATION ACTIVITIES SUBSECTION AMOUNT($) 

Habitat Restoration, Improvement, & Acquisition 

Anadromous Fish Program 3406(b)(1) $3,000,000 

Other CVP Impacts 3406(b )( 1) Other 2,500,000 

Dedicated Project Yield 3406(b)(2) 900,000 

Water Acquisition 3406(b)(3) 6,860,000 

Flow Fluctuation Study I Reservoir Storage 3406(b)(9) 50,000 

Refuge Water Supply/Conveyance 3406(d), & (5) 12,745,000 

· Ecosystem/Water Operations Study 3406(g) 6,277,000 

Land Retirement 3408(h) 3,000,000 

Other Fish and Wildlife Restoration Activities 

Clear Creek Restoration 3406(b )( 12) 500,000 

Spawning Gravel I Riparian Habitat 3406(b )( 13) 500,000 

CVP Project Assessment/Monitoring Program 3406(b )( 16) 268,000 

··· Anadromous Fish Screening Program 3406(b)(21) 3,000,000 

Total Projected Expenditures (Obligations) Fiscal Year 2004 $39,600,000 

14