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AWBA 2011 Annual Report & Ten-Year Plan. AWBA Quarterly Meeting June 20, 2012. Annual Report Requirements. Accounting of AWBA transactions and proceedings for previous year All monies expended from Banking Fund All monies remaining in Banking Fund Amount of water stored - PowerPoint PPT Presentation
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AWBA 2011 Annual Report &
Ten-Year PlanAWBA Quarterly Meeting
June 20, 2012
Annual Report RequirementsAccounting of AWBA transactions and proceedings for
previous yearAll monies expended from Banking Fund
All monies remaining in Banking Fund
Amount of water stored
Number of long-term storage credits distributed or extinguished
Ten-Year Plan
2011 Plan of OperationInitial Plan – 136,441 AF
135,441 AF storage - 1,000 AF Southside Replenishment Bank
No Interstate storage
Amended Plan - August5,000 AF redirected from TDRP to NMIDD (Actual use 2,626)15,000 AF redirected from Tucson AMA to Pinal AMAPinal AMA GSF operator’s pay full cost
Final Deliveries - 136,576 AF, includes 1,000 to SSRB
Agreements and Permits
Groundwater Savings Facility AgreementsEffective through December 2021
Master Water Storage Agreement
Amended Agreement to Firm Future SuppliesExhibit C – reserves additional 25,894 AF credits
(256,174 AF)
Water Storage PermitsSuperstition Mtns., QCID, CAIDD, MSIDD
Indian Firming ProgramWhite Mountain Apache Tribe Water Rights Quantification
- signed December 2010Firming obligation 3,750 AF/yr during shortagesEnforceability anticipated in 2014
Navajo Nation/ Hopi Tribe settlement discussionsBill introduced February 14, 2012
Southside Replenishment BankAWBA required to deliver 15,000 AF3,000 AF delivered since 2009
Water Supply and Demand StudyDetermine potential for use of existing and future AWBA
credits for meeting firming requirements
Colorado River System Simulation – AZ assumptionsPeriod 2008 – 2138 (based on NAIWRS)
Three Scenarios: 1997 Base – Conditions existing when goals establishedAWBA Base – Current River operations, 60th percentile Maximum Firming – Worst case scenario using AWBA Base
Water Supply and Demand StudyStudy Identified:
Number of shortages for each firming obligationFirming and shortage volumesAmount of credits remaining after firming period
Initial AnalysisAWBA Base – probability of shortage before 2022 is 6%Maximum Firming - 15.4 % chance of shortage in 2035Insufficient credits for Pima County after 2057Maximum Firming – deficit of 128KAF of credits for
Indian firming by 2091
Credit DistributionWhat is AWBA’s Role in Recovery Planning Process
4-Cent Tax Credits Distributed to CAWCD “to the extent necessary” to
meet demands of CAP M&I subcontractors during shortages or disruptions in operations of the Project
Withdrawal Fee CreditsUsed at discretion of AWBA Commission
Indian firming M&I firming Other water management objectives
Credit DistributionWorkshop with Interested Parties
Solicit input on distribution of credits during shortages
Issues Raised by ParticipantsWhat is meant by “to the extent necessary”Are recovered CAP credits considered Project waterIs equity a consideration?Perception of other states, particularly Lower BasinFocus discussion first on 4-cent tax creditsIdentify which organization is responsible for various
issues and developing potential policies
Organized Inter-agency Workgroup
Conceptual IGAAWBA Potential Policies/Rules/Statutes
Considering credit preservation when distributing AWBA credits
Limiting the amount of credits to up to 20% of the shortageUse of AWBA credits for the purpose of accruing long-term
storage credits Distribution of the credits within the AMA or County that is
being benefitedWhen to use 4¢ ad valorem tax credits vs. withdrawal fee
credits
Conceptual IGACAWCD Potential Policies/Rules/Statutes
Meeting its CAP M&I subcontractors’ full orders during a shortage event using a combination of Project Water and AWBA credits
Delivery of recovered credits as Project WaterCreation of a credit recovery scheduleRecovery agreements CAWCD may have with entities
that will be recovering credits on behalf of CAWCDManaging the shortage and distribution of supplies
Conceptual IGA
ADWR Potential Policies/Rules/StatutesDevelop credit transfer form and fees Recovery for M&I firmingUse of AWBA long-term storage creditsAnnual recovery reports long-term storage
accounting
Continuing Inter-agency Workgroup Discussions
2012 Plan of OperationProjected Deliveries
119,002 AF deliveries for storage1,000 AF Southside Replenishment BankNo Interstate storage
Monies Collected Monies Expended
Money Available Annual Cumulative Annual Cumulative
General Funds $0 $11,101,000 $0 $11,101,000 $0
MCWA Prepayments $26,000 $4,631,000 $26,000 $4,631,000 $0
State Indian Firming $0 $2,338,000 $0 $2,338,000 $0
Interstate - NV $1,000 $109,346,000 $0 $109,088,000 $258,000
Shortage Reparations - NV $0 $3,000,000 $0 $3,000,000 $0
Ad valorem Tax $0 $246,747,000 $13,826,000 $123,076,000 $123,672,000
Withdrawal Fees $3,118,000 $39,240,000 $2,839,000 $39,074,000 $166,000
TOTAL $3,145,000 $416,403,000 $16,691,000 $292,308,000 $124,096,000
Monies Collected and Expended(see page 16, Tables 1 and 2, of 2011 Annual Report)
Number and Location of Storage Credits(see page 17 and 18, Tables 3 and 4, of 2011 Annual Report)
LTSC Accrued
Annual Cumulative
Phoenix AMAIntrastate 61,983 1,612,603
Interstate - 51,009
Subtotal 61,983 1,663,612
Pinal AMAIntrastate 30,948 944,769
Interstate - 439,851
Subtotal 30,948 1,384,620
Tucson AMAIntrastate 34,674 540,977
Interstate - 109,791
Subtotal 34,674 650,768
All AMAsIntrastate 127,605 3,098,349
Interstate - 600,651
Grand Total 127,605 3,699,000
Location and Objective
Funding Source
Goal (AF)
Credits Accrued
(AF)
Percent Goal/Oblig. Achieved
Estimated
Remaining Costs
($ Million)
Phoenix AMA
M&I Firming Ad valorem tax 1,566,000 1,271,392 81% $44
Groundwater MgmtWithdrawal
Fees 278,253 99%
Pinal AMA
M&I Firming Ad valorem tax 243,000 181,373 75% $5
Groundwater MgmtWithdrawal
Fees 381,796 232%
Tucson AMA
M&I Firming Ad valorem tax 864,000 361,150 42% $21
Groundwater MgmtWithdrawal
Fees 89,952 52% $57
On-River M&I Firming General Fund 420,000 403,830 96% $2.5
Use of AWBA Credits through 2011(see page 20, Tables 5, of 2011 Annual Report – Part 1 M&I Firming)
Use of AWBA Credits through 2011(see page 20, Tables 5, of 2011 Annual Report – Part 2 Indian Firming)
Location and Objective
Goal (AF) Obligation
Non-Credit Goal/Oblig. Achieved
Credits Accrued
(AF)
Percent Goal/Oblig. Achieved
Estimated
Remaining Costs
($ Million)
GRIC Firming 350,000 up to 15,000 AF/YR 0 0% $14
Future Settlements 200,000 up to 8,724
AF/YR 0 N/A $18
Federal Assistance $3,000,000 $3,000,000 34,102 100% $0
Southside Replenishment
Bank
15,000 AF Direct
Delivery 3,000 20% $1.8
Location and Objective
Funding Source Goal Obligation
(AF)Non-Credit Goal/Oblig. Achieved
Credits Accrued
(AF)
Percent Goal/Oblig. Achieved
Estimated
Remaining Costs
($ Million)
Interstate Water Banking - NV
Contract with Nevada 1,250,000 600,651 48% $152
Shortage Reparation –Nevada
Gifts, Grants, Donations $8,000,000 $2,999,748 82,375 37% $5
Pinal Redirect Credits n/a 14,125
Use of AWBA Credits through 2011(see page 20, Tables 5, of 2011 Annual Report – Part 3 Interstate Obligation)
Ten-Year Plan (2013-2022)Evaluate Ability to Meet Goals and
Obligations
Evaluate Ability to Engage in Other Banking Activities
Updated Annually Based on Current Priorities
Tool for Developing Plan of Operation and guidelines for Future AWBA Activities
AWBA – Ten-Year Plan (2013 to 2022)(see page 25, Tables 7, of 2011 Annual Report – Part 1 of 3)
YEAR
CAP Water Available for
AWBA (AF)
CAP M&I Firming (4-cent tax)
Water Management (Withdrawal Fees)
Appropriation from General Fund
Delivery (AF)
Credits (AF)
Delivery (AF)
Credits (AF)
Delivery (AF)
Credits (AF)
Pre-Plan n/a 1,899,944 534,674 403,830
2013 82,800 43,942 40,866 4,372 3,136 0 02014 78,400 42,207 39,253 4,129 2,910 0 02015 72,400 41,742 38,820 3,881 2,679 0 02016 66,500 37,340 34,727 3,753 2,560 0 02017 155,700 125,403 116,625 3,685 2,497 0 02018 154,200 124,495 115,780 3,669 2,482 0 02019 152,800 121,141 112,661 3,640 2,455 0 02020 151,300 115,316 107,244 3,611 2,429 0 02021 149,900 115,417 107,338 3,583 2,402 0 02022 148,400 115,017 106,966 3,555 2,377 0 0
TOTAL 2,720,224 560,601 403,830
AWBA – Ten-Year Plan (2013 to 2022)(see page 25, Tables 7, of 2011 Annual Report – Part 2 of 3)
YEAR
Shortage Reparations Indian($8 Million) Settlement
Delivery (AF) Credits (AF) Delivery (AF) Credits (AF)Pre-Plan 82,651 244,408
2013 9,414 8,755 25,072 23,3172014 8,845 8,226 23,150 21,5292015 5,499 5,114 21,278 19,7882016 5,287 4,917 20,119 18,7112017 0 0 21,668 20,1522018 0 0 21,660 20,1432019 0 0 21,537 20,0292020 0 0 21,415 19,9162021 0 0 21,295 19,8042022 0 0 21,175 19,693
TOTAL 109,663 447,490
AWBA – Ten-Year Plan (2013 to 2022)(see page 25, Tables 7, of 2011 Annual Report – Part 3 of 3)
YEARWater Available
(AF)
AWBA Capacity Available
(AF)Credits
(AF)ICUA
(AF)
Remaining Credits
(AF)Pre-Plan 600,651
2013 0 248,000 0 0 600,6512014 0 264,509 0 0 600,6512015 0 270,959 0 0 600,6512016 0 276,542 0 0 600,6512017 4,944 191,286 4,598 0 605,2492018 4,377 192,219 4,070 0 609,3192019 6,483 195,725 6,029 20,000 595,3482020 10,958 201,700 10,191 30,000 575,5392021 9,605 200,605 8,933 40,000 544,4712022 8,652 200,252 8,046 40,000 512,517
TOTAL 642,518 130,000
AWBA % of Goals Achieved through 2022(see page 26, Tables 8, of 2011 Annual Report – Part 1 M&I Firming)
Location and Objective Funding Source
Goal (AF)
Credits Accrued (AF)
Percent Goal/Oblig. Achieved
Phoenix AMA
M&I Firming Ad valorem tax 1,566,000 2,138,563 137%
Groundwater Mgmt Withdrawal Fees 118,855
Pinal AMA
M&I Firming Ad valorem tax 243,000 220,575 91%
Groundwater Mgmt Withdrawal Fees 216,058 180%
Tucson AMA
M&I Firming Ad valorem tax 864,000 482,665 56%
Groundwater Mgmt Withdrawal Fees 121,351 70%
On-River M&I Firming General Fund 420,000 403,830 96%
AWBA % of Goals Achieved through 2022(see page 26, Tables 8, of 2011 Annual Report – Part 2 Indian Firming)
Location and Objective
Goal
(AF)Obligation
Non-Credit Goal/Oblig. Achieved
Credits Accrued
(AF)
Percent Goal/Oblig. Achieved
GRIC Firming 350,000up to 15,000
AF/YR 350,000 100%
Future Settlements 200,000up to 8,724
AF/YR 200,000 100%
Federal Assistance $3,000,000 $3,000,000 34,102 100%
Southside Replenishment Bank
15,000 AF Direct
Delivery 14,000 93%
AWBA % of Goals Achieved through 2022(see page 26, Tables 8, of 2011 Annual Report – Part 3 Interstate Obligation)
Location and Objective Funding Source Goal
Obligation
(AF)
Non-Credit Goal/Oblig. Achieved
Credits Accrued
(AF)
Percent Goal/Oblig. Achieved
Interstate Water Banking - Nevada
Contract with Nevada 1,250,000 642,518 51%
Shortage Reparations-Nevada
Gifts, Grants, Donations $8,000,000 $8,000,000 109,663 100%
Pinal Redirect Credits n/a 14,125
ConclusionsThere may not be sufficient excess CAP water to meet
the state’s obligation to Nevada.
Funding becomes a limiting factor in both Pinal and Pima Counties.
The magnitude of carryover funds in Maricopa County could become an issue in future years.
Absent future appropriations, withdrawal fees will become the principle source of funding for Indian firming.