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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

Report No: 547
Date: 01/12/01

  1. LAW NUMBER: P.L.106-566 (S-1694)

  2. BILL TITLE: Hawaii Water Resources Act of 2000

  3. BILL PURPOSE: (1) Requires the Secretary of Interior to conduct a study on water use issues in Hawaii; (2) Authorizes the conveyance of the Sugar Pine and Reservoir project in California; (3) Authorizes various water projects in the Colusa Basin Watershed, California; and (4) Contains miscellaneous provisions concerning other Bureau of Reclamation water projects.

  4. OMB ESTIMATE: P.L.106-566 reduces offsetting receipts, which increases net spending by conveying the Sugar Pine Dam and Reservoir to the Foresthill Public Utility District; conveying of the Clear Creek water distribution system in Shasta County, California to the locally run Clear Creek Community Services District; and authorizing a one-time payment for the settlement of the City of Dickenson, North Dakota's scheduled repayments for the remaining obligations to the Bureau for constructing the Dickinson Dam Bascule Gates.

    5.  

    (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.................................... 0 5 5 5 5 5

     

  5. CBO ESTIMATE:
    6. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.................................... 0 5 5 5 5 5

     

  6. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:

    7. OMB and CBO have the same estimates.

  7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
    8. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Outlay effect.............. 34 7,879 12,198 14,552 15,747 16,863
    Receipt effect............ -8 -1,778 -2,987 -3,413 -3,453 -3,789
    Net costs.................... 42 9,657 15,185 17,965 19,200 20,652

    NOTE: Pursuant to P.L.106-554, the pay-as-you-go balances that would result in a sequester for FY 2001 will be set to zero in OMB's final sequestration report.