Change in Discount Rate for Water Resources Planning, 73674 [2011-30641]

Download as PDF 73674 Federal Register / Vol. 76, No. 229 / Tuesday, November 29, 2011 / Notices Mingo County Williamson Field House, 1703 W. 3rd Ave., Williamson, 11000930 Putnam County Winfield Toll Bridge, WV 34 mi. 21.34, Winfield, 11000931 A request for removal has been made for the following resources: INDIANA Floyd County Sweet Gum Stable, 627 W. Main St., New Albany, 96000292 TENNESSEE Greene County Chuckey Depot, TN 2391, Chuckey, 79002432 (average yield is rounded to nearest oneeighth percent); and (2) provide that the rate will not be raised or lowered more than one-quarter of 1 percent for any year. The U.S. Department of the Treasury calculated the specified average to be 3.9560 percent. This average value is then rounded to the nearest one-eighth of a point, resulting in 4 percent. The rate of 4 percent will be used by all Federal agencies in the formulation and evaluation of water and related land resources plans for the purpose of discounting future benefits and computing costs or otherwise converting benefits and costs to a common-time basis. Dated: October 14, 2011. Roseann Gonzales, Director, Policy and Administration. [FR Doc. 2011–30623 Filed 11–28–11; 8:45 am] BILLING CODE 4312–51–P [FR Doc. 2011–30641 Filed 11–28–11; 8:45 am] BILLING CODE 4310–MN–P DEPARTMENT OF THE INTERIOR Bureau of Reclamation DEPARTMENT OF THE INTERIOR Change in Discount Rate for Water Resources Planning Bureau of Reclamation Bureau of Reclamation, Interior. ACTION: Notice of change. Status Report of Water Service, Repayment, and Other Water-Related Contract Actions AGENCY: The Water Resources Planning Act of 1965 and the Water Resources Development Act of 1974 require an annual determination of a discount rate for Federal water resources planning. The discount rate for Federal water resources planning for fiscal year 2012 is 4 percent. Discounting is to be used to convert future monetary values to present values. DATES: This discount rate is to be used for the period October 1, 2011, through and including September 30, 2012. FOR FURTHER INFORMATION CONTACT: Michelle Kelly, Water and Environmental Resources Division, Denver, Colorado 80225; telephone: (303) 445–2888. SUPPLEMENTARY INFORMATION: Notice is hereby given that the interest rate to be used by Federal agencies in the formulation and evaluation of plans for water and related land resources is 4 percent for fiscal year 2012. This rate has been computed in accordance with Section 80(a), Public Law 93–251 (88 Stat. 34) and 18 CFR 704.39, which: (1) Specify that the rate will be based upon the average yield during the preceding fiscal year on interest-bearing marketable securities of the United States which, at the time the computation is made, have terms of 15 years or more remaining to maturity mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 15:20 Nov 28, 2011 Jkt 226001 Bureau of Reclamation, Interior. ACTION: Notice. AGENCY: Notice is hereby given of contractual actions that have been proposed to the Bureau of Reclamation and are new, modified, discontinued, or completed since the last publication of this notice on September 29, 2011. From the date of this publication, future notices during this calendar year will be limited to new, modified, discontinued, or completed contract actions. This notice is one of a variety of means used to inform the public about proposed contractual actions for capital recovery and management of project resources and facilities consistent with section 9(f) of the Reclamation Project Act of 1939. Additional announcements of individual contract actions may be published in the Federal Register and in newspapers of general circulation in the areas determined by Reclamation to be affected by the proposed action. ADDRESSES: The identity of the approving officer and other information pertaining to a specific contract proposal may be obtained by calling or writing the appropriate regional office at the address and telephone number given for each region in the SUPPLEMENTARY INFORMATION section. FOR FURTHER INFORMATION CONTACT: Michelle Kelly, Water and SUMMARY: PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 Environmental Resources Division, Bureau of Reclamation, P.O. Box 25007, Denver, Colorado 80225–0007; telephone (303) 445–2888. SUPPLEMENTARY INFORMATION: Consistent with section 9(f) of the Reclamation Project Act of 1939 and the rules and regulations published in 52 FR 11954, April 13, 1987 (43 CFR 426.22), Reclamation will publish notice of proposed or amendatory contract actions for any contract for the delivery of project water for authorized uses in newspapers of general circulation in the affected area at least 60 days prior to contract execution. Announcements may be in the form of news releases, legal notices, official letters, memorandums, or other forms of written material. Meetings, workshops, and/or hearings may also be used, as appropriate, to provide local publicity. The public participation procedures do not apply to proposed contracts for the sale of surplus or interim irrigation water for a term of 1 year or less. Either of the contracting parties may invite the public to observe contract proceedings. All public participation procedures will be coordinated with those involved in complying with the National Environmental Policy Act. Pursuant to the ‘‘Final Revised Public Participation Procedures’’ for water resource-related contract negotiations, published in 47 FR 7763, February 22, 1982, a tabulation is provided of all proposed contractual actions in each of the five Reclamation regions. When contract negotiations are completed, and prior to execution, each proposed contract form must be approved by the Secretary of the Interior, or pursuant to delegated or redelegated authority, the Commissioner of Reclamation or one of the regional directors. In some instances, congressional review and approval of a report, water rate, or other terms and conditions of the contract may be involved. Public participation in and receipt of comments on contract proposals will be facilitated by adherence to the following procedures: 1. Only persons authorized to act on behalf of the contracting entities may negotiate the terms and conditions of a specific contract proposal. 2. Advance notice of meetings or hearings will be furnished to those parties that have made a timely written request for such notice to the appropriate regional or project office of Reclamation. 3. Written correspondence regarding proposed contracts may be made available to the general public pursuant to the terms and procedures of the E:\FR\FM\29NON1.SGM 29NON1

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[Federal Register Volume 76, Number 229 (Tuesday, November 29, 2011)]
[Notices]
[Page 73674]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-30641]


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DEPARTMENT OF THE INTERIOR

Bureau of Reclamation


Change in Discount Rate for Water Resources Planning

AGENCY: Bureau of Reclamation, Interior.

ACTION: Notice of change.

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SUMMARY: The Water Resources Planning Act of 1965 and the Water 
Resources Development Act of 1974 require an annual determination of a 
discount rate for Federal water resources planning. The discount rate 
for Federal water resources planning for fiscal year 2012 is 4 percent. 
Discounting is to be used to convert future monetary values to present 
values.

DATES: This discount rate is to be used for the period October 1, 2011, 
through and including September 30, 2012.

FOR FURTHER INFORMATION CONTACT: Michelle Kelly, Water and 
Environmental Resources Division, Denver, Colorado 80225; telephone: 
(303) 445-2888.

SUPPLEMENTARY INFORMATION: Notice is hereby given that the interest 
rate to be used by Federal agencies in the formulation and evaluation 
of plans for water and related land resources is 4 percent for fiscal 
year 2012.
    This rate has been computed in accordance with Section 80(a), 
Public Law 93-251 (88 Stat. 34) and 18 CFR 704.39, which: (1) Specify 
that the rate will be based upon the average yield during the preceding 
fiscal year on interest-bearing marketable securities of the United 
States which, at the time the computation is made, have terms of 15 
years or more remaining to maturity (average yield is rounded to 
nearest one-eighth percent); and (2) provide that the rate will not be 
raised or lowered more than one-quarter of 1 percent for any year. The 
U.S. Department of the Treasury calculated the specified average to be 
3.9560 percent. This average value is then rounded to the nearest one-
eighth of a point, resulting in 4 percent.
    The rate of 4 percent will be used by all Federal agencies in the 
formulation and evaluation of water and related land resources plans 
for the purpose of discounting future benefits and computing costs or 
otherwise converting benefits and costs to a common-time basis.

    Dated: October 14, 2011.
Roseann Gonzales,
Director, Policy and Administration.
[FR Doc. 2011-30641 Filed 11-28-11; 8:45 am]
BILLING CODE 4310-MN-P