The current rental rate for the Board's water supply bank is $20 per acre-foot of water. An applicant may enter into an agreement with a water right holder to negotiate a rental fee other than the current rental rate. Ten percent (10%) of the gross rental fee will be retained by the Board for administrative costs of operating the Bank. The lessor (usually the water right holder) will receive ninety percent (90%) of the gross rental fee as payment. There is no fee to submit a rental application, only a fee once the rental is approved. There is a fee to submit a Water Supply Bank lease application.
The local rental pool committees set the price, which the Board must approve, for water that can be rented or sold from their rental pool. This price might be different for each rental pool and can be determined based on the location where the water is to be used. For additional information, contact the local rental pool representative listed in the link on the sidebar of this page.