Change in Discount Rate for Water Resources Planning

摘要

This notice sets forth that the discount rate to be used in Federal water resources planning for fiscal year 1994 is 8 percent. Water Resources Planning Act and Water Resources Development Act of 1974 requires an annual determination of a discount rate. Federal water resources planning for fiscal year 1994 is 8 percent. Discounting is to be used to convert future monetary values to present values.