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.

 

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

 

5. CBO ESTIMATE:

	(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:

OMB and CBO have the same estimates.

7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:

	(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.