Page 67

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Title
Page 67
Source
Colorado River problem
Is Part Of
http://digital.library.unlv.edu/u?/dig,8
Full text
372 ALLISON ON THE COLORADO RIVER PROBLEM TABLE 25.—The Imperial Irrigation District—Statistics from Financial Report for 1923.* Acreage irrigated, United States............................................. Acreage irrigated, Mexico.................................................... Total acreage irrigated, United States and Mexico...................___.... Mexico irrigated 33.96% of entire acreage in 1923. Total interest paid by Irrigation District on all District bonds and warrants, together with discounts, taxes, and other similar charges paid, except discount and interest in 1923, on fourth issue of bonds sold for purchase of Mutual Water Companies and drainage in United States part of District... Mexico's proportion of total interest charge is 33.96% of $437,500, or...... Water sales, United States....................................................... Water sales, Mexico...........................................___........___ Total water sales, United States and Mexico.................................... Mexico paid 36.55% of all water revenues in 1923. Total operating cost of the Irrigation District for 1923, including diversion work from the Colorado River to the International Boundary Line, all expense and maintenance costs in Mexico for both American and Mexican water, all river protective work, all expense of the Board of Directors and General Administration on both sides of the Line, all storage and All-American Canal expense, all telephone and power-line expense, etc., the above includes every expense of every nature, except only construction cost of the drainage system in the United States, plus construction costs and costs of delivering water to the individual American ranchers, after the water crosses back into the United States in the various American lateral canals.................................................................. Profit in water rentals over operating costs for 1923............................ Other profits entering the Mexican "Compania" funds, but excluding profits entering "General Funds", such as interest on bank deposits, property sales, etc.................................................................... Total profits from operation for 1923......................................... Mexico's proportion of total profits based on the amount of money Mexico paid to secure said profits, is 36.55% of $704,474.59, or..................... Mexico's proportion of all interest and discount charges on bonds as per this statement........................................................... Mexico's over-payment on operating costs and bonded debt costs for 1923 is Add to the above, cash payment to the Imperial Irrigation District by the Colorado River Land Company for its proportion of river protective work, in 1923, as per agreement (this sum not shown in the District's 1923 Financial Statement because it was paid in the early part of 1924).. 1923 350,000 180,000 530,000 $437,500.00 148,575.00 914,832.15 526,971.56 441,803.71 $799,177.89 642,625.82 61,848.77 $704,474.59 257,485.46 148,575.00 $108,910.46 39,855.6 Mexico's total over-payment of its proportion of all costs for 1923. $148,766.11 _________________________________________________________________________________________________________________________________________________ *All charges for maintenance and operation of every nature (including All-American Canal expense to date), have been taken into account and charged proportionately to Mexico, except only (a) interest and discount on fourth issue of District's bonds sold to purchase Mutual Water Companies and to build drainage works on the American side; (b) monies expended in distributing water to individual American water users after it passes into the United States; (c) monies expended in building drainage works in United States; and (d) capital purchase of buildings, fixtures, and equipment for use in distributing water to individual water users in the United States.

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