X hits on this document

PDF document

IMPROVING NEW MEXICO’S WATER MANAGEMENT - page 40 / 47

101 views

0 shares

0 downloads

0 comments

40 / 47

  • 1.

    NM “no charge” policy for water ignores the true costs of managing, allocating and supplying water, our most important resource. No other resource in the State is utilized/extracted without some fees.

  • 2.

    We do not value what we receive for free. The low cost of water provides little incentive to conserve. A user fee on water provides incentive to conserve.

  • 3.

    The State has limited dedicated funding sources to address active water management, adjudication, voluntary purchase of public water, or water conservation. The two income funds for water related planning and projects – Improvement of the Rio Grande Income Fund and Irrigation Works Construction Fund – are significantly depleted. A user fees would provide one recurring dedicated source of funding to fill this void.

How Much Revenue Would a Water Conservation Charge Generate?

The amount of revenue is wholly dependent on the amount of the user fee. There are

different alternatives policies makers may wish to consider. If we were to charge a minimal fee

of $2.00 per acre-foot on the diversion of surface and groundwater statewide, it would generate

about $6,900,000 annually, see Table 16.

Table 16: Revenues Generated from a Diversion

Charge Surface

Ground

Total revenues

Total diversions

(aft) Charge per aft

$

2,106,663 1,341,702

2.00 $

2.00

Revenues $ 4,213,326 $2,683,404 $

6,896,730

40

Document info
Document views101
Page views101
Page last viewedWed Dec 07 10:50:29 UTC 2016
Pages47
Paragraphs2644
Words12042

Comments