Napa to earn $1 million by selling off surplus state water reserves

[TexasTowelie]

A bounty of state-supplied water reserved for Napa will provide the city with $1.06 million to keep its water treatment and pipes in shape.

Six thousand acre-feet of Napa’s allotment with the State Water Project – which channels Sierra Nevada snowmelt to cities across California – will be transferred to the Kern County Water Agency in the southern Central Valley, in a deal the City Council approved Tuesday. Kern County also agreed to return a third of that share to Napa within 10 years.

The sale will draw on the 10,950 acre-feet of state-controlled water granted to Napa in the 2018-19 fiscal year, on top of another 9,310 acre-feet of unused supplies from past years.

One acre-foot equals about 326,000 gallons.

City officials called the sale a way to fund upkeep of its water treatment and delivery network with supplies fattened in the last two years by conservation in the face of a statewide drought – and the winter rains of 2017 that broke the drought. Napa will not divert any water from Lake Hennessey or Milliken Reservoir, its two sources within the county.

Read more: https://napavalleyregister.com/news/local/napa-to-earn-million-by-selling-off-surplus-state-water/article_b3c76dde-1e9c-5782-bab2-43a2a1a83bc9.html

[lapfog_1]

1. .016 PENNIES per gallon

1,060,000 / (10950+9310)*326,000

seems a bit on the cheap side.

[TexasTowelie]

2. It is 1.6 cents per gallon.

There are 106,000,000 pennies in the numerator.

[lapfog_1]

3. so what am I doing wrong here?

106 million pennies divided by 6,604 million gallons.

They say they are selling around 20,000 acre feet... each acre foot is about 325,000 gallons.

325,000 x 20,000 = 6,500,000,000

[TexasTowelie]

4. You're correct. I needed to recheck my decimal places.

That does seem like a sweetheart deal.