TeachMeFinance.com - explain Full-cost water
Full-cost water The term 'Full-cost water ' as it applies to the area of agriculture can be defined as ' An annual rate for water delivered from Bureau of Reclamation facilities, which includes project construction costs attributed to irrigation, as well as outstanding deficits on operation and maintenance charges, with interest on both accruing from October 12, 1982. The term is defined in Section 202 of the Reclamation Reform Act of 1982. The Bureau charges full-cost for water delivered to lands above the acreage limitation'.
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