 Irrigation District Operation and FinanceWells A. Hutchins No 324657, USDA Miscellaneous from United States Department of Agriculture Abstract: Report Introduction: Thirty-five years have elapsed since the passage by the California Legislature in 18S7 of the Wright Act, authorizing the formation of irrigation districts. During this time the district movement throughout the West has encountered many changes of fortune, but it is more widespread and economically important today than ever before. As a result of two periods of district speculation and failure there still exists in some quarters a belief that all irrigation districts are speculative enterprises and a consequent prejudice against investing in district bonds. On the other hand, the district is now so popular in many of the Western States that tendencies have sometimes developed recently toward organizing projects which may contain the elements of failure. It is hoped that the data presented and conclusions reached in this bulletin may disabuse the minds of uninformed investors who cling to the idea that all irrigation districts are unsound, and at the same time may be of value to State and to communities contemplating the formation of irrigation districts in pointing out what the experience of other communities has shown to be the essentials of success. Keywords: Agricultural and Food Policy; Financial Economics; Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:usdami:324657 Access Statistics for this paper More papers in USDA Miscellaneous from United States Department of Agriculture |
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