WWT staff receive training and regular communication on these guidelines to assure our accuracy and informative communication about state procedures. As a c 3 nonprofit, WWT pulls funds together for flow restoration work through various sources. Those include, but are not limited to: Variables that influence price in the water market, to various buyers, include, but are not limited to: There are four basic methods for valuing water: Not all four methods are used in any given valuation.
The method used depends largely on the water right, the location, and the local water market, if it exists. Without an active water market with prices to compare to, for a permanent purchase, WWT will typically work with a third-party specialist in water markets, to value the water.
Location is a factor considered by WWT. There are many creeks in Washington currently lacking sufficient creek flows to meet the water quality and habitat needs of fish, wildlife, and people. Additional considerations that play into the ecological value of a water right include, but are not limited to: If the lease or donation ends with no renewal or extension, the water right reverts to the lessor or donor in the same amount that was beneficially used prior to the lease or donation i. In other words, its use prior to the donation or lease typically the previous 5 years can continue as it had RCW Yes — WWT can do projects with districts and often the first step is working through one supportive and interested shareholder to identify interest and opportunities.
Bringing it to the Board, for collaborative discussion, is a necessary next step. WWT is happy to work with you and your District to answer any questions for these types of projects.
Water Project Fund
Any changes to water rights owned by a District or Association are ultimately the decision of the collective body of users. Was water included in the deed to the property? Was your property irrigated in the last years? Is there irrigation equipment on your property? Does your property have a well?
The seven main designated uses for water in Washington are: Changes to a water right require an administrative process to be reviewed by Ecology. One must use their water right, to its full certificated extent, at least once every five years, to maintain its certificated quantities of water.
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