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riparian environment and endangered species is $16,800,000. Given the consumptive use of

166,145 aft for this purpose, water for instream flow and riparian maintenance has a value of

approximately $100 per aft. [16,800,000 / 166,145 = $101]. Because maintaining the

environment is a public good, we use a 2% capitalization rate.

Table 15 : Consumptive Water Use and Value for Bosque and Instream Flow

Consumptive

Acreage

Use per Acre

37,300

3.65

Water Requirements

Total Use 136,145

Number of

Value per

Household

Household

Minmum Instream Flow for Minnow - consumptive use

Total Water required for maintaing habitat

Value of Maintaining Riparian Environment

Annual Value of Bosque

210000

Minimum instream flow

Number of

value for Silvery minnow Household 210000

Total value of minimum flow requirement

$55.00

Value per Household $25.00

30,000

166,145

Subtotal $11,550,000

Subtotal $5,250,000

$16,800,000

Long Term Annual Value per acre foot

$101.12

Water right Value Capitalization Rate

2%

$5,055.82

Summary of Long Term Annual Water and Water Right Values in New Mexico

The value of water to the New Mexico economy varies by use. Urban uses have long

term annual values of $200 to over $4,000 per aft depending on the availability of supplies.

Environmental values are $101 per aft. Agricultural values vary from $0 to $50 per aft. Figure 1

26

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