1. Change in Discount Rate for Water Resources Planning
NOTICES: Water resources planning; discount rate change,
The Water Resources Planning Act of 1965 and the Water
Resources Development Act of 1974 require an annual determination of a
discount rate for Federal water resources planning. The discount rate
for Federal water resources planning for fiscal year 2006 is 5.125
percent. Discounting is to be used to convert future monetary values to
present