The Delta Stewardship Council's final draft Delta Plan and environmental impact report are under public review. The Water Authority commented on the draft plan. The Bay Delta Conservation Plan has fallen behind schedule. State contractors are negotiating permit terms with federal agencies but do not know water availability until permits are finalized. An economist analyzed the BDCP's costs and benefits for contractors and found net benefits if shortages are avoided, but more information is needed. The economist will also study statewide costs and benefits and the finance working group discussed the scope of analyzing a portfolio alternative approach as well.

1. Bay-Delta Update
Imported Water Committee
January 24, 2013

2. Delta Stewardship Council
 The final draft Delta Plan is under public
review, along with the programmatic
EIR/EIS
 The Water Authority commented on the draft
Delta Plan on January 11
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3. Bay Delta Conservation Plan
 The BDCP has slipped behind schedule
 The state and contractors are negotiating
with the federal fisheries agencies on
Endangered Species Act permit terms
 Without final terms, the contractors do
not know how much water may be
available when the project is built
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4. Financing the BDCP
 Dr. David Sunding has prepared a cost-
benefit analysis for the water contractors
 Without a range of possible yields, Dr.
Sunding is unable to evaluate benefits
 His preliminary conclusion based on the
proposed project was that the project
would show a net benefit for the
contractors in terms of avoiding
shortages
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5. Statewide Cost-Benefit Study
 Dr. Sunding has been commissioned to
study the overall cost-benefit ratio for the
proposed project to the state as a whole
 Dr. Sunding began the study in
December
 The BDCP finance working group met
January 23 to discuss the scope
 The Portfolio Approach conceptual
alternative should be evaluated as well
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