M&I 2004 Sch A-03A F.Z06.XLS

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2004 M&I WATER RATES

2004

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Deficit 

Deliveries Interest Interest Interest Interest 

Facility/Contractor (Sch. A-12) 1/ Rate 1/ Rate 

Black Butte D&R

County of Colusa 40 178 4.44 49 1.21 

Elk Creek CSD 15 (20) (1.33) 

U.S. Forest Service 45Whitney Const. 24 16 0.67 58 2.42 

Clear Creek Unit

Clear Creek CSD 1,623 85,206 52.50 93,568 57.65 

Contra Costa Canal

Contra Costa WD 2/ 98,500 1,225,682 12.44 1,514,668 15.38 

Cow Creek Unit

Bella Vista WD 4,681 104,761 22.38 131,205 28.03 

Cross Valley Canal 4/

County of Fresno 300 3,101 10.34 5,275 17.58 

County of Tulare 673 7,772 11.56 35,893 53.37 

Delta-Mendota Canal

City of Tracy 7,500 134,451 17.93 (717) (0.10) 

Del Puerto WD 9 90 10.04 0 (0.01) Department of Veterans Affairs 43 4,344 101.96 2,586 60.71 

Panoche WD - DMC 29 554 18.86 128 4.37 Plain View WD 315 3,540 11.24 74 0.23 

San Luis WD - DMC 94 (59) (0.63) 

Folsom D&R

City of Roseville 24,512 177,169 7.23 52,936 2.16 

El Dorado ID - FD&R 6,832 40,248 5.89 18,012 2.64 Sacramento County WA 2,524 70,842 28.07 997 0.40 

San Juan WD 4,671 40,555 8.68 267 0.06 

Folsom-South Canal

East Bay MUD 55,000 754,190 13.71 3,107,709 56.50 

Sacramento MUD 19,832 561,011 28.29 1,519,035 76.60 

1/14/2004
M&I 2004 Sch A-03A F.Z06.XLS 

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2004 M&I WATER RATES

2004

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Deficit 

Deliveries Interest Interest Interest Interest 

Facility/Contractor (Sch. A-12) 1/ Rate 1/ Rate 

Friant Dam

County of Madera 89 1,347 15.10 661 7.41 

Fresno County WW#18 142 (45) (0.32) 

Friant-Kern Canal

Arvin-Edison WSD 150 (0) (5,872) (39.09) City of Fresno 57,284 986,383 17.22 2,944,833 51.41 

City of Lindsay 1,844 30,817 16.71 2,692 1.46 

City of Orange Cove 996 15,197 15.26 (50,967) (51.19) 

Delano-Earlimart ID 143 1,545 10.80 

Lindsay-Strathmore ID 200 2,106 10.53 Shafter-Wasco ID 276 6,394 23.15 Terra Bella ID 456 17,426 38.22 531 1.16 

Sacramento River

City of Redding - SR 3,475 21,631 6.22 3,427 0.99 

City of W. Sacramento 6,883 45,890 6.67 324 0.05 

Diamond Lands Corp 55 Lake California P.O.A. 200 621 3.10 176 0.88 Riverview Golf & CC 25 60 2.39 40 1.58 

San Felipe Unit

San Benito County WD 4,048 101,458 25.06 6,190 1.53 

Santa Clara Valley WD 97,500 1,831,993 18.79 847,238 8.69 

San Luis Canal - Fresno

City of Avenal 2,460 53,746 21.85 139,199 56.58 

City of Coalinga 2,684 152,360 56.77 186,929 69.65 City of Huron 287 39,180 136.71 112,782 393.52 

State of CA 8 99 12.36 66 8.31 

Westlands WD 4,500 112,262 24.95 (0) 

San Luis Canal - Tracy

Broadview WD 15 310 20.65 3 0.19 Pacheco WD 13 925 69.01 (846) (63.15) 

Panoche WD 34 765 22.23 460 13.38 San Luis WD 341 10,389 30.47 180 0.53 

1/14/2004
M&I 2004 Sch A-03A F.Z06.XLS

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2004 M&I WATER RATES

2004

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Deficit 

Deliveries Interest Interest Interest Interest 

Facility/Contractor (Sch. A-12) 1/ Rate 1/ Rate 

Shasta D&R

Centerville CSD 1,043 12,652 12.14 11,742 11.26 Mountain Gate CSD 340 1,162 3.42 324 0.95 Shasta CWA 1,930 10,364 5.37 15,317 7.94 

Sly Park D&R

El Dorado ID - SP 16,444 23,117 1.41 

Spring Creek Conduit

City of Redding - SCC 4,233 22,773 5.38 2,450 0.58 

Shasta Cty #25 176 1,878 10.66 1,252 7.11 Shasta CSD 673 4,803 7.13 1,490 2.21 

Sugar Pine Reservoir

Foresthill PUD 936

Tehama-Colusa Canal

Colusa County WD 113 1,317 11.66 52 0.46 

Toyon Pipeline

City of Redding - TP 42 (305) (7.26) City of Shasta Lake 2,329 0 (10,986) (4.72) U.S. Forest Service 10 14 1.43 (17) (1.65) 

439,586 6,724,693 10,691,041 

San Felipe Out-of-Basin Facilities

San Benito County WD 4,048 452,064 111.67 65,688 16.23 Santa Clara Valley WD 97,500 7,865,627 80.67 6,102,296 62.59 

101,548 8,317,691 6,167,985

1/14/2004
M&I 2004 Sch A-03A F.Z06.XLS 

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2004 M&I WATER RATES

1/ Interest projections are based on the actual 2002 capital and deficit interest costs divided by each contractors 2004 projected water deliveries. This treatment is different than

in the cost of service rate calculations, where interest is amortized over the remaining repayment period (Refer to Schedules C-1A and C-1B of Volume 2 of the 2004 M&I WateCurrent year interest includes interest credit associated with PFR Adjustment

2/ Represents the District's share of the CVP In-Basin interest costs in accordance with the District's amendatory contract (dated May 26, 1994).

3/ In order to qualify under the M&I voluntary payment policy, contractors are required to pay the operation and maintenance plus interest rate. For the interest rate component, in

been limited to $200.00.

4/ Cross Valley Canal contractor 2004 delivery base has been modified since 5-year deliveries are sporadic in nature and result in inconsistent PUE rates.

2004 deliveries are based on the higher of i) 50% of the contract maximum or ii) the lesser of the 5 year average or the contract maximum.

Sources:

Sch. C-1Sch. A-12A

FOOTNOTES

1/14/2004