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10.
Nonpower programs
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TVA’s nonpower
programs provide various public services, including managing navigable
river channels, providing flood control, and overseeing certain recreation
facilities. The nonpower programs encompass general stewardship of land,
water, and wildlife resources. TVA’s nonpower programs also conduct
certain research and development activities in pollution prevention
and remediation.
Funding for the
nonpower programs has historically been primarily provided through Federal
appropriations. Certain nonpower program activities have also been funded
by user fees and outside services revenues. During 1999, TVA received
total Federal appropriations of approximately $50 million, of which
$43 million was for essential stewardship activities and $7 million
was for TVA’s Land Between The Lakes National Recreation Area (LBL).
During 1998, TVA received total Federal appropriations of approximately
$70 million, of which $60 million was for essential stewardship activities,
$7 million was for LBL, and $3 million was for TVA’s Environmental
Research Center. As discussed below, TVA will receive no Federal appropriations
in 2000.
In October 1997,
Congress passed legislation that directed TVA to fund essential stewardship
activities related to its management of the Tennessee River system and
TVA properties with power funds in the event that there were insufficient
appropriations or other available funds to pay for such activities in
any year. Congress did not provide any appropriations to TVA to fund
such activities in 2000. Consequently, during 2000, TVA will pay for
essential stewardship activities primarily with power revenues, with
the remainder funded with user fees and other forms of revenues derived
in connection with those activities. In addition, administrative jurisdiction
over LBL was transferred to the Secretary of Agriculture effective October
1, 1999. TVA is responsible for certain transition costs associated
with the transfer of LBL, estimated to be approximately $10 million.
This liability was recorded against available nonpower fund balances
at September 30, 1999. TVA retains responsibility for management of
the remaining nonpower assets and settlement of nonpower obligations.
The completed plant
of the nonpower programs consists of multipurpose dams and other plant.
At September 30, 1999, the net completed plant balances for multipurpose
dams and other plant were $692 million and $112 million, respectively.
At September 30, 1998, the net completed plant balances for multipurpose
dams and other plant were $698 million and $115 million, respectively.
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