M&I 2007 Sch A-3 F.Z09.XLS

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2007 M&I WATER RATES

2007

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Defic

Deliveries Interest Interest Interest Intere

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

Black Butte D&R

County of Colusa 24Elk Creek CSD 12 12 0US Forest Service - BB 7 70 10.72 2 0Whitney Const. 22

Clear Creek Unit

Clear Creek CSD 1,937 37,141 19.18 3,274 

Contra Costa Canal

Contra Costa WD 2/ 85,761

Cow Creek Unit

Bella Vista WD 3,199 24,352 7.61 1,118 0

Cross Valley Canal 4/

County of Fresno 300 1,872 6County of Tulare 673 986 1.47 4,989 7

Delta-Mendota Canal

Byron Bethany ID 1,040 2,391 2.30 City of Tracy 9,800 65,415 6.67 Del Puerto WD 20 47 2.34 Department of Veterans Affairs 63 1,958 30.98 382 6Panoche WD - DMC 29 81 2.84 15 0San Luis WD - DMC 180

Folsom D&R

City of Roseville 27,396 12,385 0El Dorado ID - FD&R 5,397 329 0Sacramento County WA 3,632 32,684 9.00 435 0San Juan WD 7,502 5,605 0.75 

Folsom-South Canal

East Bay MUD 27,165 289,793 10.67 164,330 6Sacramento County WA - FSC 7/ 15,000 131,765 8.78 165,616 1Sacramento MUD 7/ 27,211 131,765 4.84 165,616 6

1/24/2007
M&I 2007 Sch A-3 F.Z09.XLS 

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2007 M&I WATER RATES

2007

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Defic

Deliveries Interest Interest Interest Intere

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

Friant Dam

County of Madera 113 289 2.56 150 Fresno County WW#18 148 6 0

Friant-Kern Canal

Arvin-Edison WSD 538 665 

City of Fresno 59,581 488,732 8.20 859,057 14City of Lindsay 1,700 6,492 3.82 City of Orange Cove 1,275 425 0.33 3,842 3Delano-Earlimart ID 150 631 4.20 Lindsay-Strathmore ID 200 312 1.56 Shafter-Wasco ID 459 1,707 3.72 Terra Bella ID 614 6,044 9.84 

Sacramento River

City of Redding - SR 2,820 1,089 0City of W. Sacramento 6,871 177 0Lake California P.O.A. 200 95 0Meyer Crest Ltd. 5/ 115 101 0Riverview Golf & CC 25 0

San Felipe Unit

San Benito County WD 4,919 28,238 5.74 Santa Clara Valley WD 99,706 497,557 4.99 158,048 

San Luis Canal - Fresno

City of Avenal 2,738 27,226 9.95 24,409 8City of Coalinga 6,545 71,673 10.95 33,725 5City of Huron 830 18,841 22.71 17,349 20State of CA 10 2 0.21 11 Westlands WD 3,000 12,638 4.21 

1/24/2007
M&I 2007 Sch A-3 F.Z09.XLS

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2007 M&I WATER RATES

2007

Projected Estimated Capital and Deficit Interest Rates Per A/F

Water Capital Capital Deficit Defic

Deliveries Interest Interest Interest Intere

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

San Luis Canal - Tracy

Broadview WD 20 34 1.70 Pacheco WD 14 408 30.02 33 2Panoche WD 58 163 2.81 72 San Luis WD 620 1,334 2.15 

Shasta D&R

Centerville CSD 944 4,186 4.44 883 0Mountain Gate CSD 779 955 1.23 720 0Shasta CWA 6/ 293 651 2.22 370 

Spring Creek Conduit

City of Redding - SCC 4,436 4,085 0.92 423 0Shasta CWA - SCC 6/ 186 679 3.66 241 

Shasta CSD 625 320 0.51 311 0

Tehama-Colusa Canal

Colusa County WD 150 283 1.89 3 0Kanawha WD 10

Toyon Pipeline

City of Redding - TP 42 23 0City of Shasta Lake 2,461 1,828 0US Forest Service 10 0 0

419,571 1,897,961 1,624,007 

San Felipe Out-of-Basin Facilities

San Benito County WD 4,919 427,487 86.91 76,649 1Santa Clara Valley WD 99,706 8,063,913 80.88 3,006,557 3

104,625 8,491,400 3,083,207

1/24/2007
M&I 2007 Sch A-3 F.Z09.XLS 

CENTRAL VALLEY PROJECT

SCHEDULE OF ESTIMATED CAPITAL AND DEFICIT INTEREST RATES

PER ACRE-FOOT

2007 M&I WATER RATES

1/ Interest projections are based on the actual 2005 capital and deficit interest costs divided by each contractors 2007 projected water deliveries. This treatment is differ

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 2007 

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 com

been limited to $200.00.

4/ Cross Valley Canal contractor 2007 delivery base has been modified since 5-year deliveries are sporadic in nature and result in inconsistent PUE rates.

2007 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.

5/ Formerly Diamond Lands Corp.6/ Full assignment from Shasta County #25 to Shasta County Agency was executed in fiscal year 2005. 7/ SMUD assigned 30,000 a/f to Sacramento County WA effective October 1, 2006. However, assigned water will not be scheduled for delivery 

until October 1, 2011 in accordance with the assignment agreement.

Sources:

Sch. C-1Sch. A-12

FOOTNOTES

1/24/2007