Allocation for CVP the Process Essay

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Public Law 90-65, dated August 19, 1967, authorized the Secretary to include extra capacity in the Tehama-Colusa Canal to enable it to provide future water service to areas that could be authorized as an extension of the CVP." (Chapter III, 1) The expectation accorded here would be the share of construction costs amongst those who would ultimately use the water source, meaning that this would become a publicly shared cost repaid through traditional avenues of taxation.

Such common costs allow for a greater flexibility of internal decision making, with an expansion into wider arenas. The shared responsibility of repayment allows for some expenditure in other areas of development as well as the expansion of investment into nature reclamation projects. In a similar regard though, decision-making is actually removed in some capacities from the jurisdiction of CVP's accounting department, with the legislative demands of State and local authorities imposing certain use of resources upon the utility firm.

In either regard though, decision-making is largely accommodated by the accuracy of cost-allocating and the computational analysis there applied. The case study indicates that this is initiated with a review of the financial statement and with correspondence to existing legislation and contractual obligations.

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The case study denotes that "costs reported in the financial statement are disaggregated, as necessary. The total costs of many features reported in the financial statement include cost components that are to be directly assigned to a non-reimbursable expense category or are subject to allocation and repayment criteria that differ from those of the main feature." (Chapter III, 1)

In the resolution, it is clear that CVP benefits significantly from approaching cost allocation analysis according to the firm's relationship with a host of interacting parties. The complexity of this picture reveals the nuance of understanding and regulating cost priorities for a utilities sector firm with interest in public use, government participation, private partnership and in-house administration. In all of these parties are represented a set of intervening responsibilities, interests, expenditures and repayment obligations. Dividing these into distinct categories for assessment allows for a fuller understanding of the correlation between expenditure responsibilities and their relationship to repayment responsibilities. In the outlook provided by the case study, CVP demonstrates the capacity for viability based on the balance between its allocation of costs….....

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