Change in Discount Rate for Water Resources Planning, 78108 [2014-30426]

Download as PDF 78108 Federal Register / Vol. 79, No. 248 / Monday, December 29, 2014 / Notices ESTIMATE OF BURDEN FOR EACH FORM—Continued Burden estimate per survey (in minutes) Survey instrument Totals ............................................................................ In addition, there are an estimated 1,575 number of contacts who will not respond. These non-respondents account for 13 total burden hours per year. Number of surveys (times/yr.) Number of respondents per survey Total estimated number of respondents ........................ ........................ ........................ 6,141 DEPARTMENT OF THE INTERIOR Bureau of Reclamation [RR83550000, 145R5065C6, RX.59389832.1009676] III. Request for Comments We invite comments concerning this information collection on: (a) Whether the proposed collection of information is necessary for the proper performance of our functions, including whether the information will have practical use; (b) The accuracy of our burden estimate for the proposed collection of information, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, usefulness, and clarity of the information to be collected; and (d) Ways to minimize the burden of the collection of information on respondents. We will summarize written responses to this notice and address them in our submission for OMB approval. As a result of your comments, we will make any necessary adjustments to the burden in our submission to OMB. An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. Reclamation will display a valid OMB control number on the forms. tkelley on DSK3SPTVN1PROD with NOTICES IV. Public Disclosure of Comments Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you can ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. Dated: December 16, 2014. Karl Stock, Acting Director, Policy and Administration. [FR Doc. 2014–30294 Filed 12–24–14; 8:45 am] BILLING CODE 4332–90–P VerDate Sep<11>2014 19:09 Dec 24, 2014 Jkt 235001 Change in Discount Rate for Water Resources Planning Bureau of Reclamation, Interior. ACTION: Notice of change. 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 2015 is 3.375 percent. Discounting is to be used to convert future monetary values to present values. SUMMARY: This discount rate is to be used for the period October 1, 2014, through and including September 30, 2015. FOR FURTHER INFORMATION CONTACT: Max Millstein, Bureau of Reclamation, Reclamation Law Administration Division, Denver, Colorado 80225; telephone: 303–445–2853. 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 3.375 percent for fiscal year 2015. This rate has been computed in accordance with Section 80(a), Pub. L. 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 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 3.3378 percent. This rate, rounded to the nearest one-eighth percent, is 3.375 percent, which is a change of less than the allowable oneDATES: PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 Total annual hour burden 2,044 quarter of 1 percent. Therefore, the fiscal year 2015 rate is 3.375 percent. The rate of 3.375 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: November 20, 2014. Roseann Gonzales, Director, Policy and Administration. [FR Doc. 2014–30426 Filed 12–24–14; 8:45 am] BILLING CODE 4332–90–P DEPARTMENT OF JUSTICE Notice of Lodging of Proposed Consent Decree Under CERCLA On December 15, 2014, the Department of Justice lodged a proposed Consent Decree with the United States District Court for the Eastern District of Michigan, in the lawsuit entitled United States v. Riverview Trenton Railroad Company, Civ. Action No. 2:14–cv– 14707–PDB–MJH. Riverview Trenton Railroad Company (‘‘RTRR’’) owns property that was formerly part of the McLouth Steel facility located near Detroit, Michigan (‘‘RTRR Site’’). The proposed settlement resolves the United States’ claims against RTRR under Section 107 of the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. 9607, for recovery of response costs incurred at the RTRR Site. Under the proposed Consent Decree, RTRR will pay $675,000.00 to resolve the Government’s claims. The publication of this notice opens a period for public comment on the Consent Decree. Comments should be addressed to the Assistant Attorney General, Environment and Natural Resources Division, and should refer to United States v. Riverview Trenton Railroad Company, Civ. Action No. 2:14–cv–14707–PDB–MJH, D.J. Ref. No. 90–11–3–10709. All comments must be submitted no later than thirty (30) days after the publication date of this notice. Comments may be submitted either by email or by mail: E:\FR\FM\29DEN1.SGM 29DEN1

Agencies

[Federal Register Volume 79, Number 248 (Monday, December 29, 2014)]
[Notices]
[Page 78108]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-30426]


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DEPARTMENT OF THE INTERIOR

Bureau of Reclamation

[RR83550000, 145R5065C6, RX.59389832.1009676]


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 2015 is 3.375 
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, 2014, 
through and including September 30, 2015.

FOR FURTHER INFORMATION CONTACT: Max Millstein, Bureau of Reclamation, 
Reclamation Law Administration Division, Denver, Colorado 80225; 
telephone: 303-445-2853.

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 3.375 percent for 
fiscal year 2015.
    This rate has been computed in accordance with Section 80(a), Pub. 
L. 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 
3.3378 percent. This rate, rounded to the nearest one-eighth percent, 
is 3.375 percent, which is a change of less than the allowable one-
quarter of 1 percent. Therefore, the fiscal year 2015 rate is 3.375 
percent.
    The rate of 3.375 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: November 20, 2014.
 Roseann Gonzales,
 Director, Policy and Administration.
[FR Doc. 2014-30426 Filed 12-24-14; 8:45 am]
BILLING CODE 4332-90-P