California
Related: About this forumNapa to earn $1 million by selling off surplus state water reserves
A bounty of state-supplied water reserved for Napa will provide the city with $1.06 million to keep its water treatment and pipes in shape.
Six thousand acre-feet of Napas allotment with the State Water Project which channels Sierra Nevada snowmelt to cities across California will be transferred to the Kern County Water Agency in the southern Central Valley, in a deal the City Council approved Tuesday. Kern County also agreed to return a third of that share to Napa within 10 years.
The sale will draw on the 10,950 acre-feet of state-controlled water granted to Napa in the 2018-19 fiscal year, on top of another 9,310 acre-feet of unused supplies from past years.
One acre-foot equals about 326,000 gallons.
City officials called the sale a way to fund upkeep of its water treatment and delivery network with supplies fattened in the last two years by conservation in the face of a statewide drought and the winter rains of 2017 that broke the drought. Napa will not divert any water from Lake Hennessey or Milliken Reservoir, its two sources within the county.
Read more: https://napavalleyregister.com/news/local/napa-to-earn-million-by-selling-off-surplus-state-water/article_b3c76dde-1e9c-5782-bab2-43a2a1a83bc9.html
lapfog_1
(29,166 posts)1,060,000 / (10950+9310)*326,000
seems a bit on the cheap side.
TexasTowelie
(111,312 posts)There are 106,000,000 pennies in the numerator.
lapfog_1
(29,166 posts)106 million pennies divided by 6,604 million gallons.
They say they are selling around 20,000 acre feet... each acre foot is about 325,000 gallons.
325,000 x 20,000 = 6,500,000,000
TexasTowelie
(111,312 posts)That does seem like a sweetheart deal.