In an attempt to provide partial relief to hard hit Central Valley agricultural towns, Governor Arnold Schwarzenegger authorized the Department of Water Resources (DWR) to release up to 100,000 acre-feet of water to Central Valley farms.
The water loan works like this: the State Water Project (SWP) gives water to the federal Central Valley Project (CVP) now. After the summer irrigation season is over, the CVP is supposed to send the water back to the SWP. There is no information available at this time about the rate of interest being charged on this loan. This emergency action allows Central Valley farmers, who receive irrigation water from CVP, to receive water to irrigate crops. Several court decisions which protect endangered Delta fish have left the CVP without enough water for all customers.
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