Overview of VISPO: Irrigation Rights Forbearance and Key Program Details
110 likes | 234 Views
The VISPO initiative aims to manage 40,000 acre-feet of irrigation rights through a structured forbearance process. Key dates include an October 1 trigger when the water level at J-17 falls below 635 ft and an opt-out option on January 1 if it is above 660 ft. The program, supported by the agricultural community, uses an interactive approach over three years, allowing for strategic crop planning and maintaining confidence in the program. The April 17 Implementing Committee Meeting will discuss future steps and the importance of testing VISPO elements to preserve community trust.
Overview of VISPO: Irrigation Rights Forbearance and Key Program Details
E N D
Presentation Transcript
VISPO • Goal: 40,000 acre-feet of irrigation rights to forbear • October 1: Trigger Date if J-17 is at or below 635 ft. • January 1: Opt-out becomes available if J-17 is at or above 660 ft. • March 1: All payments received.
Creation of VISPO • VISPO Workgroup • 3 year process • Interactive process with the agriculture community • October 1 Trigger: chosen to allow for completion of crops and planning for the next years crops • 635 msl J-17 Trigger: chosen as fundamental piece of “Bottom Up Package”
VISPO is one of our more successful programs • Currently the Agriculture community is willingly participating in the program and will forbear when triggered • Has not been tested
Points to Consider Moving Forward • VISPO Leases • Confidence of Agriculture Community • Funding • Modeling • Cost/Benefit
April 17th Implementing Committee Meeting • VISPO Discussion • Allow time for program to be tested and fully implemented. • Members of the agricultural community suggested that changes in VISPO elements may cause a loss of program confidence. • No action was taken by the Implementing Committee.