This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
OMB COST ESTIMATE FOR PAY-AS-YOU-GO CALCULATIONS
Report No: 528
Date: 11/27/2000
OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
LAW NUMBER: P.L.106-392 (H.R. 2348)
BILL TITLE: Cost Sharing for the Endangered Fish
Recovery Implementation Programs for
the Upper Colorado and San Juan River Basins
BILL PURPOSE: (1) Authorizes combined Federal and
non-Federal expenditures, not to
exceed $100 million during FY's 2001-2007, for capital projects for the endangered fish
recovery implementation programs for the Upper Colorado River and San Juan River Basins in
the States of Colorado, Utah, Wyoming, and New Mexico; (2) Authorizes appropriations of
$46 million for the Federal share of those projects and requires the other $54 million to be
contributed by non-Federal entities; and (3) Authorizes the use of $60 million in Federal power
revenues for operational funding for the programs.
OMB ESTIMATE: P.L. 106-392 provides for
the use of two funding sources for program
activities which include borrowing from the state of Colorado, and the use of proceeds from
electricity sales.
(Fiscal years; in millions of
dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
8
8
10
9
8
CBO ESTIMATE:
(Fiscal years; in millions of dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
8
8
10
9
9
EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
The difference in FY 2005 between OMB and CBO's PAYGO estimates is the result of
different assumptions about the rate of inflation.
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
768
1,192
1,310
1,838
1,785
Receipt effect............
-8
-620
-699
-747
-786
-775
Net costs....................
42
1,388
1,891
2,057
2,624
2,560
NOTE: The cumulative effect of direct spending
and revenue legislation enacted to date is currently
estimated to result in an end-of-session sequester. The Administration looks forward to working with
the Congress to ensure that an unintended sequester does not occur.