~ i i i i
r
h- 1-4--!-+-
1
—T-+-H-
H-ftrf
TEXAS GRAND PRAIRIE
r
FOREWORD
The enterprise budgets for Texas Grand Prairie
Region are based on estimates of yields, production
input quantities, and production practices which
represent the best judgment of local producers,
county Extension agents-agriculture, financial insti
tution representatives, farm machinery dealers and
others knowledgeable of the area. Variation in
yields, production inputs and production practices
should be expected for particular farms.
Budgets for all major crops produced in the
area are included for two levels of management,
when applicable. Crop yields are directly related
to levels of management. These differences are due
largely to timing of operational practices which
may not be evident in the budgets.
r
The machinery inventory is applicable to both
typical and high level management. In some bud
gets custom rates, primarily harvesting, were used
in lieu of the assumption that harvesting equip
ment was used.
Budgets for establishing permanent type pasture
grasses were prepared and used for prorating estab
lishment costs in the respective pasture and hay
budgets. Forage crops include expenses only be
cause it is expected that the income will be derived
from livestock enterprises.
Land charges were based on the customary land
lord's crop share less his proportionate share of
certain production and harvesting inputs. A per
acre land charge was made when crop share was
not used.
^
TEXAS GRAND PRAIRIE REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor - 130 HP
Tractor - 100 HP
Tractor - 75 HP
Tractor - 40 HP
Pickup - 1/2 ton
Chisel - 12.7 feet
Cultivator - 12.7 feet
Disc-Tandem - 13 feet
Disc-Tandem - 19 feet
Grain Drill - 11 feet
Sprayer Herbicide-13 feet
Sprayer Herbicide-19 feet
Lister/Bedder - 13 feet
Lister/Bedder - 19 feet
Planter 4R - 13 feet
Planter 6R - 19 feet
Shredder 4R - 13 feet
Shredder 6R - 19 feet
Sprayer - 25 feet
Stripper - 6 feet
Roller 4R - 13 feet
Roller 6R - 19 feet
Trailors - 4 feet
Cultipacker - 10 feet
Item
No.
Purchase
Price
Estimated
Years of Use
1
2
4
6
10
30
32
34
35
38
40
40
41
41
42
43
44
45
46
47
50
52
54
55
56
68
$16,977
14,468
11,811
5,168
5,805
1,699
1,350
1,699
2,855
2,084
6
6
8
12
4
10
8
10
10
10
8
8
8
8
8
8
6
6
10
10
10
10
10
10
386
463
1,326
1,852
1,852
2,703
1,764
3,674
1,041
4,200
176
251
1,188
900
Estimated
Hours of Use
Fixed Costs
Per Hour
Variable Costs
Per Hour
3600
3600
6400
3600
2000
2000
2400
1000
1000
1000
$5.17
4.41
2.41
2.39
2.79
1.31
$ 6.62
5.42
3.08
2.89
5.99
800
800
.67
.79
.76
2400
2400
1200
1200
1200
1200
500
800
750
750
500
500
.78
2.63
4.42
3.23
1.06
2.10
3.09
1.76
3.65
3.23
8.18
.37
.32
.74
1.24
.91
.21
.25
.31
.43
.86
1.26
.71
1.49
.91
2.63
.37
.52
.10
.15
3.64
2.79
1.51
1.35
Ksi
C O A S TA L B E R M U C A G R A S S E S TA B . • D R Y L A N D , T E X A S G R A N C P R A I R I E P F G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E P A C R E
TYPICAL MANAGEMENT
UNIT
GROSS R E C E I P T S F R O M P R O D U C T I O N
H AY
T O TA L
VA R I A B L E C O S T S
PREHARVEST
FERT(60-40-0)
CUSTOM SPRIGGING
HERBICIDE
MACHINERY
TRACTORS
LABOR(TRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L , P R E - H A R V E S T
HARVEST COSTS
CUSTOM BALING
CUSTOM HAULING
SUBTOTAL. HARVEST
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
$
TON
A 8* 0 0
2.00
$
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
DOL*
J 8.C0
1 8.0C
1.50
5* 80
5*17
2*25
0. 10
18*00
18*00
1.50
5. 60
5. 17
5.85
l.OC
l.OC
1.00
1.00
1.00
2.60
30.51
2x05
$
TON
TON
1 4*85
6.60
2.00
2.0C
29.70
E
$
.-12-22
42.90
100.26
50.131
3* BREAKEVEN PRICE. VARIABLE COSTS TON
$
ACRE
ACRE
ACRE
3.95
4.22
5.00
5 * T O TA L C O S T S
6. BREAKEVEN PRICE. TOTAL COSTS
57.36
6
■
TOTAL VARIABLE COST
4. ^IXEC COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
T O TA L F I X E D C O S T S
96t.C0
96.00
TON
P R E PA R E D B Y J A C K J E N K I N S . TA E X , R E N N E R , T E X A S 7 5 f 7 9
$
3.95
4. 22
5.00
13. 19
s
11 3 . 4 4
l.OC
1.00
1.00
5 6. 7 1 9
PROJECTED 1977
C D A S TA L
L J E R M U D A G R A S S E S TA B . . D RY L A N D , T E X A S
E S T I M AT E D C O S T S A N D R E T U R N S P E fi A C R E
TYPICAL MANAGEMENT
GPEPAT ION
CHISEL
D I S K - TA N D E M
pi:kup
PICKUP
F E R T. A P P L I . R E N T D
P ICKU3
PICKUP
S P R AY E R H E R B I C I D
P ICKUP
PICKUP
F t ^ T. A P P L I , R E N T D
PICKUP
PICKUP
T O TA L S
ITEM
NO.
2.30
2.34
IC
10
6.86
10
10
6,40
10
10
6,86
10
10
GRAND
PRAIRIE
D AT E
FIXED
FUEL.OIL,
T I M E S LABOR MACHINE L U B . . R E P .
COSTS
OVER
HOURS
HOURS
PER ACRE PER ACRE
DEC
DEC
DEC
JAN
FEB
FEB
MAR
APR
APR
AUG
SEPT
SEPT
NOV
1.00
2.00
0.10
0.10
1.00
0.20
0.10
1.00
0.10
0.10
l.OC
0.10
0.10
0.198
0.382
0.100
0* 100
0.069
0.2 00
0.10C
C.264
0.100
0*10C
CO 69
0. IOC
1.36
2.77
0.60
0.60
0.24
1.20
0. 60
0.97
0. 60
0.60
0.24
0.60
1.31
3.03
0.28
C.28
0.20
0 . 5 6
C.28
0.93
0.28
0.28
0.20
0.28
-2x125 _ £ * ! £ 0
- 0 * 6 0
-2x25
10.96
8.18
0.297
0.573
0.125
0.125
0.103
0.250
0.125
0. 397
0.125
0.125
0.103
0.125
2. 598
1.882
P R E PA R E D d Y J A C K J E N K I N S . TA E X . R E N N E R . T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
B U D G E T I D E N T I F I C AT I O N N U M E E R 8 3 4 0 1 4 C 0 2 1 4 0 0 0
A N N U A L C A P I TA L M O N T H 11
REGION
/^\
C J A S TA L O E R M U D A G R A S S E S TA B . , D R Y L A N D , T E X A S G R A N D P R A I R I E R E G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E P A C R E
HIGH LEVEL MANAGEMENT
UNIT
, GPOSS RECEIPTS FROM PRODUCTION
HAY
TOTAL
» VARIABLE COSTS
PREHARVEST
FERT(90-40-0)
CUSTOM SPRIGGING
HERBICIDE
MACHINERY
TRACTORS
LABCR(TRACTOR £ MACHINERY)
INTEREST ON OP. CAP.
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
TON
4
8.OC
3.00
ACRE
ACRE
ACRE
ACRE
ACPE
HOUR
DOL.
2 4.00
18.0*
2.85
3.35
4. 3 3
2.50
C.IO
1 *C0
1.00
1.00
1.00
1.00
1.89
35.57
TON
TCN
14.85
6.6C
3.00
3.00
144+Q9
$ 144.00
24.CO
18.00
2.85
3. 35
4. 33
4.73
_U56
60.82
S U B T O TA L , P R E - H A R V E S T
HARVEST COSTS
CUSTCM EALING
CUSTOM HAULING
S U B T O TA L , H A P V E S T
$
T O TA L VA R I A B L E C O S T
3 * B R E A K E V E N P R I C E , VA R I A B L E C O S T S
TON
41.722
$
ACRE
ACRE
ACRE
5* TOTAL COSTS
5 . B R E A K E V E N P R I C E , T O TA L C O S T S
64. 35
s 125.17
4. FIXEO COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
TOTAL FIXED COSTS
4A, 55
—12x30
?.64
3.71
5.00
1.00
l.CO
I.00
s
2* 64
3.71
5__£0
11 . 3 4
136. 51
TON
45.503
P R E P A R E D B Y J A C K J E N K I N S , T A E X , R E N N E P, T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
C O A S TA L B E R M U D A G R A S S E S TA B . . D R Y L A N D , T E X A S G R A N D P R A I R I E R E G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
HIGH LEVEL MANAGCVFNT
ITEM
Q P R PAT I O N
NO.
D AT E
FUEL.OIL.
FIXED
T I M E S L A B O R M A C H I N E L U B * , P E P. C C S T S
OVEF HOURS HOURS PER ACRE PER ACRE
2*72
2o62
CHISEL
2,30
DEC
2.00
0*594
C* 3 96
1
*
C
1
1.27
D I S K - TA N D E M
2,35
DEC
1.00
0*1 96
0*131
Oo 28
PICKUP
10
DEC
0.10
Ooi 25
C * 1 00
0. 60
C
*
6
0
0
.28
PICKJP
10
JAN
0.1 0
0*125
0. IOC
■)
.67
S P R AY E R h E R B I C I D
FEB
l.OC
0.271
0*181
0* 56
4,41
4 ,86
C 20
0.20
F E P T. A P P L I , R E N T D
FEB
1.00
0.103
0.069
PICKUP
F F fl
0 • 1 25
Ooi 00
C 6 0
0.28
10
0.10
C 60
0.28
PICKUP
10
MAP
0*10
0.125
0* IOC
0o28
PICKUP
10
APR
0*1C
CIOC
0.6C
0*125
FFRT o APPL I , RENTD 4,86 JUNE l.OC -0*101 _!2_8.£_&2 -2*20 -2*22
TO TA L S
1*893
1.345
7.68
6.34
P P E P - . P E D B Y J A C K J E N K I N S , T A E X , R E N N E P, T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
B U D G E T I D E N T I F I C AT I O N N U M B E R 8 3 4 0 1 4 0 0 11 4 C C 0
A N N U A L C A P I TA L M G N T H 11
C O A S TA L B E R M U D A G R A S S H AY, D R Y L A N D , T E X A S G R A N D P R A I R I E R E G I O N
E S T I M AT E O C O S T S A N D R E T U R N S P E P A C R F
TYPICAL MANAGEMENT
UNIT
GROSS
H AY
TO TA L
RECEIPTS
TON
FROM
48.OC
*
VA R I A B L E C O S T S
PREHARVEST
FERTdOO-40-0)
HERBICIDE
MACHINERY
T R A C TO R S
LABORITRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L , P R E - H A R V E S T
HARVEST COSTS
CUSTOM BALING
CUSTOM HAULING
S U B T O TA L , H A R V E S T
TO TA L
3*
A*
5.
6.
VA R I A B L E
BREAKEVEN
PRICE.
PRICE
OP
VA L U E
OP
COST/UNIT
QUANTITY
COST
PRODUCTION
3*50
$
_JL__§_.____
168*00
*
ACRE
ACRE
AC°E
ACRE
HOUR
DOL.
2 6. 00
1.50
4*22
0.93
2.25
0*10
1**0
1*00
1.00
1.00
1*28
1 8*61
TON
TON
14.85
6.60
3*5C
3*50
26*00
1* 50
4. 22
0.9 3
2* 88
_,___1__86
S
37.39
%
COST
VA R I A B L E
51*97
—_2.3l.i0
s
75*07
$
COSTS
11 2 . 4 ?
TON
FIXEC
COSTS
*
MACHINERY
AC»E
2.04
1*00
TRACTOPS
ACRE
0.77
1.00
P P O R AT E D
E S TA B .
COST
ACRE
17.44
0.10
LAND
(NET
RENT)
ACRE
10.60
l.OC
TO TA L
FIXFD
COSTS
$
TO TA L
BRfAKEVEN
COSTS
PRICE.
TO TA L
*
COSTS
32*134
2*04
0.77
1.74
10*00
14.56
127.03
TON
36.294
E S TA B L I S H M E N T C O S T P R O R AT E D O V E R 1 0 Y E A R S *
P R E P A R E D B Y J A C K J E N K I N S , T A E X , R E N N i P, T E X A S 7 5 C 7 9 P R O J E C T E D 1 9 7 7
C O A S TA L B E R M U D A G R A S S H AY, D R Y L A N D . T E X A S G R A N D P R A I R I E R E G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
TYPICAL MANAGEMENT
OPERAT ION
PICKUP
PICKUP
PICKUP
PICKUP
SPRAYER H E P B I C I D
F E P T. A P P L I • R E N T D
PICKUP
PICKUP
F E R T. A P P L I . ^ E N T D
TO TA L S
ITEM
NO.
D AT E
10
10
10
10
6,40
6,86
10
10
6.86
TIMES LABOR
OVER HOUPS
FUEL.OIL,
FIXED
M A C H I N E L U B . . R E P. C C S T S
HOURS PER ACRE PER ACRE
0.100
DEC
0.10
0.125
C I O C
JAN
0.10
0.125
0.250
n. 200
FEB
0.20
MAR
0.10
0.125
C I O C
0
.
5
0
0
.
1
9
3
0.132
APR
APR
0
.
1
0
3
0.069
1.00
APR
0
.
1
2
5
0.10C
0.10
0.) 00
AUG
0.10
0.125
SEPT
1.00^2*102-0*039
1.280
C.970
0.60
0.60
1.20
0.60
0.49
0.24
0. 60
0.60
5.15
-0*24
0.
0.
0.
0.
0.
0.
0 .
0.
2
2
5
2
4
2
2
2
8
8
6
8
7
0
8
8
-2x20
2.82
E S TA B L I S H M E N T C O S T P R O R AT E D O V E R 1 0 Y E A R S .
P 5 E P A R E C B Y J A C K J E N K I N S . T A E X . R E N N E P, T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
R U D G E T I D E N T I F I C AT I O N N U M B E R
A N N U A L C A P I TA L M O N T H 1 0
836014002\400
0
^"^K
J^
C O A S TA L B E R M U D A G R A S S H AY, D R Y L A N D , T E X A S G R A N D P R A I R I E R E G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
HIGH
LEVEL
MANAGEMENT
JNIT
GROSS RECEIPTS FRCM PRODUCTICN
H AY
T O TA L
VA R I A B L E C O S T S
P R E H A RV E S T
FERT(240-40-0)
HERBICIDE
MACHINERY
TP ACTORS
LABOR(TRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L . P R E - H A R V E S T
HARVEST COSTS
CUSTOM BALING
CUSTOM HAULING
S U B T O TA L , H A R V E S T
TON
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
48.00
6.00
S
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
54.00
1.50
4.21
0.90
2.5C
0.10
54.00
1.50
4. 21
0.90
3. 30
1.00
1.00
1.00
1.00
1.32
24.36
$
TON
TON
14.85
6.6C
2x44
66.35
89.10
6.00
6.00
—29x50
128.70
195.05
T O TA L VA R I A B L E C O S T
3 . B R E A K E V E N P R I C E , VA R I A B L E C O S T S
TON
4. FIXED COSTS
MACHINERY
T R A C TO R S
LAND (NET RENT)
T O TA L F I X E D C O S T S
ACRE
ACRE
ACRE
32.508
$
2.03
0.85
10.00
2.03
0.85
1.00
1.00
l.OC
__i-U_-fi
$
12. 38
$ 207.93
5 . T O TA L C O S T S
6 . B R E A K E V E N P R I C E , T O TA L C O S T S
£88.00
288.00
TON
P R E P A R E D B Y J A C K J E N K I N S , T A E X , R E N N E P, T E X A S 7 5 0 7 9
34.655
PROJECTED 1977
COASTAL BERMUDAGRASS HAY, DRYLAND, TEXAS GRAND PRAIRIE RFGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
O P E R AT I O N
PICKUP
PICKUP
PICKUP
PICKUP
SPR AVER HER B I C I D
F E R T. A P P L I • R E N T D
PICKUP
FFRT*APPLI,RENTD
PICKUP
PICKUP
F F R T, A P P L i . R E N T D
T O TA L S
ITEM
NO.
2C
10
10
io
6,«U
4,86
10
4,86
10
10
4 »8o
D AT E
DEC
JAN
F EB
MAR
APR
APP
APR
MAY
M AY
JUNE
SEPT
TIMES LA^OR
OVER HOURS
FUEL,0IL.
FIXED
M A C H I N E L U B . • P E P. C C S T S
HOURS PER ACPE PER ACRE
0.10 0.125
OolO 0 . 1 2 5
0*10 0.125
0«_0 0 . 1 2 5
0 . 5 0 O. 136
1.00 C 1 0 3
0.10 0*125
1.00 0.103
0.10 0.125
0 . 1 0 3*125
i . 0 0 .<2x.l£2
0.100
0.100
0.100
0.10C
0. 090
0.C69
0.10C
0.069
CIOC
CIOC
J_2.i.2£2
0.60
0.60
0. 60
0.60
C34
0.2C
0.6C
C2C
0.60
0.60
0o28
0o28
0o28
0.28
0o33
0o20
0.28
0.20
0*28
C 2 8
.2*Z0
J-x20
1.320
0.997
S o i l
2.33
P R E PA R E D 3 Y J A C » < J E N K I N S * I A E X . R E N N E R , T E X A S 7 5 0 7 9
B U D G E T I D E N T I F I C AT I O N N U M B E R 8 3 6 0 1 4 0 0 11 « * 0 0 0
A N N U A L C A P I TA L M O N T H 9
PROJECTED 1977
/g^%.
12
COTTON, DRYLAND, TEXAS GRAND PRAIRIE PEGICN
E S T I M AT E D C O S T S A N D R E T U R N S P E F A C R E
TYPICAL MANAGEMENT
1. GSOSS RECEIPTS FRCM PRODUCTION
COTTON LINT
C O T TO N S E E D
T O TA L
UNIT
PRICE OR
COST/UNIT
C W T.
TON
0*60
100*00
3.
4.
INCOME
ABOVE
FIXED
MACHINERY
T R A C TO R S
LAND (NET RENT)
T O TA L F I X E D C C S T S
225.00
135.00
0.18
13x00
S 153.00
HARVEST
COSTS
OESICCANT
GAL*
GIN. BAG, TIES
C W T.
HAUL, CGMP £EDUC
BALE
MACHINERY
ACRE
T R A C TO R S
ACRE
LABOP(TRACTOR £ MACHINERY)
HOUP
S U B TO TA L .
HARVEST
VA R I A B L E
VALUE OR
COST
$
2 . VA P I A B L E C O S T S
PREHARVEST
LBS.
SEED
FERT(32-40-0)
ACRF
HERBICIDE
ACRE
HERB, POSTEMERGE
ACRE
INSECTICIDE
ACRE
MACHINERY
ACRE
TRACTORS
ACRE
LABOR(TRACTOR £ MACHINERY)
HOUR
I N T E R E S T O N O P. C A P.
DOL.
S U B TO TA L ,
PRE-HARVEST
TO TA L
QUANTITY
0.35
12.40
3.60
2.00
3.00
4.27
1 2.16
2.25
0.10
2x32
S
57,48
$
4*00
7.0 0
3.00
2.97
2.98
2.25
0.50
2.25
0.47
l.CO
l.OC
1.66
2.00
15.75
1. 41
2.97
2.98
2x13
$
COST
VA R I A B L E
7. 56
12.40
3.60
2. 00
3.00
4. 27
12. 16
1 0 . 11
21.60
l.CO
1.00
1.00
1 .00
1.00
1.00
4.49
23.88
28.84
$
COSTS
COSTS
ACRE
12.06
ACRE
13.19
ACRE
3C.1 1
86.32
S
66.63
~$
12.06
13* 19
1.00
1.00
l.OC
S
— 3U.11
55*
36
5 . T O TA L C O S T S
% 141*63
6. NET RETURNS
$
11 , 3 2
C C T T O N R O TAT E S W / O AT S £ G R A I N S O R G H U M . L A N D C H A R G E B A S E D C N L A N D L O R D S S ' t u 1/4 OF GROSS INCOME LESS 1/4 OF FERTILIZER, INSECTICIDE £ GIN, BAG £ TIES.
P R E PA R E D B Y J A C K J E N K I N S . TA E X , R E N N E R , T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
13
COTTON, DRYLANO, TEXAS GRAND PRAIRIE REGION
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
TYPICAL MANAGEMENT
O P E R AT I O N
CHISEL
D I S K - TA N D E M
LISTER/BEDDER
F E R T. A P P L I . P E N T D
LISTER/BEDDER
PICKUP
PICKUP
PICKUP
C U LT I VAT O R
PLANTED. 4-POW
S P R AY E R H E R B I C I D
R O L L E P, 4 - . R 0 W
PICKUP
C U LT I VAT O R
SPRAYER
C U LT I VAT O R
SPRAYEP
S P R AY E P r i E R B I C I D
S P R AY E P H E R B I C I D
STRIPPER
TRAILERS
SHREDDER, 4-.POW
PICKUP
ITEM
NO*
2,30
2,34
2v42
4 ,86
2.42
10
10
10
4,32
2,<*4
40
6,54
10
4,32
6,50
4,32
6*50
6*40
6,40
4V52
10,56
2,46
10
D AT E
OCT
OCT
OCT
OCT
NOV
NOV
DEC
MAP
APR
APP
APR
?,PP
APR
MAY
r*A/
JUNE
JUNEJUNE
SEPV
SEPT
SEPT
SEPT
SEPT
T O TA L S
TIMES LABOR
OVER HOURS
1*00
1.00
1.00
1.00
1. 00
0*10
0.1 C
0.1 0
1,00
1.20
1.20
1.00
O.IO
I. 0 0
1.00
1*00
1.00
1.00
1.00
1 . . 0
1.00
1.00
0.10
FUEL.OIL.
FIXED
M A C H I N E L U B . • R E P. C O S T S
HOURS PER ACRE PER ACRE
0.198
C 1 9 1
Oo 189
0.069
0.189
0.100
C I O C
0.100
0.214
C 2 8 4
0.317
0*119
C.100
C 2 1 4
0*1 37
C 2 1 4
0.137
0.264
0. 26*
0.728
0*115
0.157
1. 36
1.38
1.29
0.20
1.29
0. 6C
0.60
Oo60
C 67
2.09
C 07
C 4 3
0 . 6 0
0. 67
0«60
0 . 6 7
0.60
0.97
0.97
3. 98
1.00
1. 13
lo31
l o 5 l
1.15
0.20
1.15
0.28
0.28
0.28
0 . 7 8
2 * 11
0.21
0o39
0o28
0.78
0.84
0.78
0.84
0o93
0o93
8o C5
0.80
1.10
-2-125 ^&tia£
-2+&0
-0x22
6.?. 51 4o501
22o 37
25.25
0.297
C 2 8 7
Oo 284
0*103
0. 284
0. J 25
0,125
0.125
0.321
0.426
0*0
0.179
0.125
0* 321
0*206
0.321
0.206
0. 397
0*397
1.091
0.172
0.235
C O T T O N R O TAT E S W / O AT S £ G R A I N S O R G H U M . l ^ H ' ? C H A P G E B A S E D O N L A N D L O R D S S H A R E O F
1/4 OF GROSS INCOME LESS 1/A OF FERTILIZER, INSECTICIDE £ GIN, BAG £ TIES.
P R E PA R E D 8 Y J A C K , ' c N K l h S * TA E X , R E N D E R . T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
B U D G E T I D E N T I F I C AT I O N N U r * i O c _ R
A N N U A L C A P I TA L M O N T H 9
93 0140021*00 0
14
COTTCN, DRYLAND, TEXAS GRAND PRAIRIE REGION
ESTIMATED COSTS AND RETURNS PEP ACRE
HIGH LEVEL MANAGEMENT
PRICF
OR
VA L U E
OR
UNIT COST/UNIT QUANTITY COST
GPOSS RECEIPTS FRCM PRODUCTION
COTTON LINT
C O T TO N S E E D
T O TA L
VA R I A B L E C O S T S
PREHARVEST
SEED
FERT(50-4 0-0 )
INSECTICIDE
HERBICIDE
HERB, POSTEMERGE
MACHINERY
TRACTORS
LABCR(TRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L , P R E - H A R V E S T
HARVEST COSTS
DESICCANT
GIN, BAG. TIES
HAUL. CGMP £EDUC
M A C H I N E RY
T R A C TO R S
LABOR(TRACTOR £ MACHINERY)
S U B T C TA L , H A R V E S T
$
C W T.
TON
0.60
100.00
44C0C
0*2 8
._.2£t.oo
£ 292.00
S
LBS.
ACPE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
0.3 5
16.0C
3.00
3.60
2.00
8.45
10.04
2.50
0.10
21.60
1.00
1.00
1.00
l.OC
1.00
1.00
4.4 3
27.25
7.56
16.00
3.00
3.60
2.00
3.45
10.04
11.09
2x12
£
64. 46
$
GAL.
C W T.
BALE
ACRE
ACRE
HOUR
4.0
7.0
3.0
3.0
3.3
2.5
0
0
0
0
2
0
C.75
4.40
0.73
1.00
1.00
1.81
3.00
30.80
2. 19
3.00
3. 32
<tt.Sl
$
TOTAL VARIABLE COST
46. 83
$ 111 . 2 9
$ 180*7 1
3 . I N C O M E A B O V E VA P I A B L E C O S T S
4. FIXEC COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
T O TA L F I X E D C O S T S
264.00
ACRE
ACRE
ACRE
14.09
1 1.69
60.00
14.09
11 . 6 9
l.OC
l.OC
l.OC
-.-.30*02
$
85.78
5 * T O TA L C O S T S
$
197.07
6* NET RETURNS
$
94*
93
C O T T O N R O TAT E S W / O AT S £ G R A I N S O R G H U M . L A N D C H A R G E B A S E D O N L A N D L O R D S S H A P E " r
1/4 OF GROSS INCOME LESS 1/4 OF FERTILIZER. INSECTICIDE £ GIN. BAG £ TIES*
P R E PA R E D B Y J A C K J E N K I N S . TA E X . R E N N E R , T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
COTTON* DRYLAND. TEXAS GRAND PRAIRIE REGION
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
HIGH LEVEL MANAGEMENT
DA'7 •£
FUEL^C-IL* FIXED
TIMES LA80R MACHINE LUB..REP» COSTS
G v c i ? r t C U P S S O LT v S P E R « C R E ! = » £ £ A C R E
2 B 30
OC T
* c u ^
2 » 3 5
OCT
. c O C
Oc
1 0
OCT
Oci
Oci
ITEM
•1PFP AT ION
CHISEL
D I S K - TA N D E M
PICKUP
PICKUP
LISTER/BEDDER
F E P T. A P P L I , R E N T D
LISTEP/BEDDER
TOY MLS
s.: ?s
I & 36
«*» c i 31
i« 0 li
1 * 2 7
25
o*xoo
13. £0
o.2e
0* iZ<5
C;o 100
Oc -50
C . 2 8
f>*s94
Cl
20
0 . 9 0
0 * ^ 2
069
0 w 2C:
C*„20
U 3 1
1 0
N O V
2 * 4 3
DEC
0_.i ■£'
:«c-o
4 . S 6
DEC
_ v» 0 ,/
0 * _ ^ I
C
2.
4i
DEC
uoo
0*
i9«v
o. i so
Jv
vG
"Sfc. £52
1 0
DEC
0 * 1 0
0 _ _ 2 5
0 * 1 0 0
C . 6 0
0 . 2 8
I C
w'AN
ow; a
0„i25
0 . 1 0 0
0 * 6 0
■•J. 2 8
1 0
F e e
C o ■. 0
0 * .* 25
Ou 6U
'0.2
4 , 3 2
MAP
:_ ~ v v
i> c. 3 £ •
ciuu
:, ai <>,
O i i i V
0 . 7 8
0 * 2 C
PICKUP
PICKUP
PICKUP
C U LT I VAT O R
PICKUP
PLANTER. 6-«R0&
S P R AY E R H E R B I C I D
ROL'-ER, 6-wROW
PICKUP
SP^YZS
C U LT I VAT O R
PICKUi"
SPRAYER
C U LT I VAT O R
S P R AY E R H E R B I C I D
PICKUP
PICKUP
PICKUP
SPR«YER H E R B I C I D
STRTPPER
TRAILERS
SHREDDER
6--R0W
PICKUP
0
97
196
0o2
2.0
_•■" Ar?
O,
-0
0 * i V: ' J
0* i 00
Ot
2 * 4 5
A P S
.•-•;' o
C'vX?2
0» '_ ^4
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1". C: '-> 3
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A P rt
1 o 2.0
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C - J 3
o *;. r
*'«« .- v
U*-l_8
0.-5^
C » 8 4
'*
60
8
6 . 5 5
J-. r- i-.
t c O i ;
v. - 1 . - . . . . . -
J: 0 32
1 0
1. ' - i"5
Oc i j
O-.ih 25
-•c _ Ov
4 * 5 0
i»'t ?! V
J. * 0 0
')* 2tfC
0 ". „ 3 7
2 * 3 2
;»'i... V
C ;. "^ O
1 . 3 C
w « V
4tr♦_V
c a o
V * '__! i -*
1 0
Ot-a.*? 5
fi t ' i v S
Ot
.o
0' c2C
^ , 5 0
J L i \ £
1 * 0 0
0.
ZVo
Oc i *-V'
0 r S l
t J ^ £ -!
2 , 3 2
JUKI;
:« v, 0 0
«'?*£: -^
i t* ■*-:• •';
»i :.■._i-U>
6 6 4 I
w-UfcE
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0<. s_:_
c £ .•' *
tf * ? -> :
G . e 7
0.
Ti«2S
£ 0
'.. '18
uu
J U N E
0*1
0
U » 1 2 5
lie .* »i0
0< C-0
w UL /
0 * I- -3
C X « » 5
C
Co
i\ V-G
0 :: i 3
'0 c > .*_ 5
i. fc«J._.
oLiv- •
&«,-*> W
0.:
c
vS2
S E ^ 7
& ',': £>?. •
i « *- 'j> 7.
,Ov ->6
S - P T
i,eu
A v 4 7
SEf-'T
i_.. C 0
0 * I ^» X
0 o '.- 0 T
t!i '•■■5;
€>•.-, V'C>
Srr
U . 1 0
..^i^.
<* »
' < •• •_'
<_..;\_;J'_to
_jf..»- ;<<v
**c
ao
_ 0
V
»* "*
';7i
^c
cu at;-
0.; iUO
0,.5O
0 l j:&
U
0* viV
v ^ a t i
Js.. T3
e*os
:. •• r/u
'JijiSO
10
;
.
0
!
■<_** ^.iG
0 •■. X i'3
t? .* ._. -".0
7 3
C O T TO N R O Y ^ Y E S B / 0 a 3 2 - ' . . R ^ Yi v ; : * O S ' . T; - t v » « v. v ; > ! > ; ! ■> : ^ - - E " .■; . v : _ - : ! - ' ^ ^ .■^ u i L O a C J S S H m R E O F
!/4 OF GROSS SKCCr-E _-i:j; 1.'7 LiF FEfV,' :. ■_. i. 2l ER > ^'bE.Y.C^C^ .." .'•..'. l\\ 3^G & TIES.
P R E PA R E D B V J * C K j E . ^ K . K S . ' i ^ t L A , R E m H E . ^ ^ < E a ^ . S O V 9 r > K » 0 * - _ C T E I ' i 9 V 7
13 UD GET I GE: :T ; F ;' C AT i C J.' NL r4_5E??« ?3 Oi -.-0 0 1 i 400 u
ANNUAL CAP _T«L MQHTS ;^
16
/£^N
GRAIN SORGHUM, DRYLAND, TEXAS GRAND PPAIRIE REGION
ESTIMATED COSTS AND RETURNS PEP ACRE
TYPICAL MANAGEMENT
UNI T
GROSS RECEIPTS FROM
GRAIN SORGHUM
TOTAL
P&ICF
OP
VA L J E
OR
COST/UNIT QUANTITY COST
PRODUCTION
VAPIABLE COSTS
Pt^EHARVFST
SEED
FERT(2C-40-0)
FERT(40-0-0)
HERBICIDE
MACHINEPY
TkACTORS
L A 3 C R ( T R A C T 0 R £ MACHINERY)
INTEREST ON OP. C A P.
SUBTOTAL, PRE-HARVEST
HAPVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
SUBTOTAL, HARVEST
CWT,
4.30
-iaZi.52
25,
S 107.50
LBS.
ACRE
ACRF
ACRE
ACRE
ACRE
HOUR
>JL*
0*43
1 COO
8*00
3.2 0
4*58
11.72
2.25
o . i o
6* CO
l.CO
1.00
1.00
1*00
1.00
4.0 4
20.15
2.58
10.00
8.00
3. 20
4. 58
11 . 7 2
9. C9
2-01
51. 19
CWT.
CWT.
C.28
C 1 7
25.00
25.OC
TOTAL VARIABLE CCST
7. CO
*±25
$
11 . 2 5
$
62.44
3* BREAKEVEN PRICE. VARIABLE COSTS CWT.
4. FIXED COSTS
MACHINERY
TPACTORS
LAND (NET RENT)
TOTAL FIXED CCSTS
ACRE
ACRE
ACRE
5. total COSTS
t r . . O P E A K E V E N P R I C E , T U TA L C O S T S C W T.
2.498
4.55
9.89
28.46
l.CC
1*00
1*00
4.
55
9.89
22x±
$
6
42.90
t 105. 34
4.214
G^AIN SCPGHUM ROTATED W/COTTON F, CATS* LAND CHAPGF CALCULATED USING LANDLOrSHARE AT 33% OF GROSS INCOME LESS 33* OF FERT, INSFCT, HARVEST AND HAUL.
P P F. PA R E D B Y J A C K J E N K I N S , TA E X , R E N N F R , T E X A S 7 5 0 7 9 P P O J F C T E D 1 9 7 7
17
/"*%.
GRAIN SORGHUM, DRYLAND. TEXAS GRAND PRAIRIE REGION
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
TYPICAL MANAGEMENT
OPEPAT ION
D I S K - TA N C E M
PICKUP
CHISEL
D I S K - TA N D E M
LISTER/BEDDER
PICKUP
F E R T. A P P L I , P E N T D
LISTEP/BEDDER
PICKUP
F F R T. A P P L * A N H Y D *
C U LT I VAT C R
PLANTER, 4-ROW
S P R AY E P H E P b l C I D
hOLLEP , 4-.rfOW
PICKUP
C U LT I VAT O R
PICKUP
ShRFDDFR, 4-iPOW
PICKUP
ITEM
NO.
2,34
10
2,30
2,34
2,42
10
2,86
2,42
10
4*68
2,32
2,44
40
6,54
10
4,32
4«A6
10
D AT E
FUEL.OIL.
FIXED
T I M E S L A B O R M A C H I N E L U B * . R E P. C O S T S
OVER HOURS HOURS PER ACRE PEP ACRE
Cl 91
AUG
1.00 0.287
AUG
0.10
0.125
0*100
SEPT
0.297
0*198
l.OC
SEPT
0.191
I.00
0.287
SEPT
1.00 0 . 2 8 4 0.189
CIOC
SEPT
0.10 3.125
DEC
1.00
0.1 03
C 0 6 9
0.189
DEC
1.00
0.284
Cl 0
0.1 25
0.100
DEC
0.227
FEB
1 . 0 0 0* 340
MAR
C214
1.00
0.321
0.237
MAP
1.00
C 355
1
.
0
0
0
*
0
0. 264
MAR
C
l 19
MAR
1.00
3*^79
0
.
100
MAR
o.io
0.125
0
.
214
APR
1.00
0.321
APR
0.10
■) * 1 2 5
C t O P
J U LY
l.CO
0.235
C
157
J U LY 0 . 1 C _ _ . _ _ I . g 5 _ _ C _ 1 0 0
T O TA L S
4.042
3.059
1.38
0. 60
1.36
1.38
1.29
0,60
0. 45
1.29
0.6C
0. 64
1.46
1.74
0* 06
0.43
0.6C
0* 67
0.60
0. 56
1.51
C 2 8
1.31
1.51
1. 15
0.28
0.36
1.15
0.28
0.65
1.30
1.75
0.18
0.39
0.28
0.78
0.28
0.73
/*sa%\
-0x23
16. 30
14.44
G R A I N S O R G H U M R O TAT E D W / C O T T O N £ 0 AT 5 . L A N D C H A P G E C A L C U L AT E D U S I N G L A N D L O R D S
S H A P E A T 3 3 % O F G R O S S I N C O M E L E S S 3 3 % O F F E R T, I N S E C T, H A R V E S T A N D H A U L .
P R E PA R E D B Y J A C K J E N K I N S * TA E X , R E N N E R , T E X A S 7 5 0 7 9 P P O J E C T E D 1 9 7 7
b U D C E T I D E N T I F I C AT I O N N U M B E R
A N N U A L C A P I TA L M C N T H 7
7.3 0140021400 C
G R A I N S O R G H U M , D R Y L A N D , T E X A S G R A N D P PA I R I E R E G I O N
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
HIGH LEVEL MANAGEMENT
UNIT
1. GROSS RECEIPTS FROM PPODUCTION
GRAIN SORGHUM
T O TA L
2 . VA R I A B L E C O S T S
P R E H A RV E S T
SEED
FERT(20-60-0)
FERTC60-0-0)
HERBICIDE
MACHINERY
TRACTORS
LABCRITRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L , P R E - H A R V E S T
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
S U B T O TA L , H A R V E S T
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
S
CWT,
4.30
-112x00
40.00
$ 172.00
LBS.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
0.43
13.00
12.00
3.20
4.79
12.07
2.50
0.10
2.58
13.00
12.00
3.20
4.79
12.07
9.35
6.00
1.00
1.00
1.00
1.00
1.00
3.74
22.78
$
C W T.
C W T.
0.28
0.17
11.20
40.00
40.00
s
,,6^ft0
18.00
77.26
1.932
3 . B R E A K E V E N P R I C E . V A R I A B L E C O S T S C W T.
$
ACRE
ACRE
ACRE
5 . 11
9.92
46.53
1.00
1.00
5 . 11
9.92
WOO —43x53
$ 61.56
$ 138.82
5. TOTAL COSTS
6. BREAKEVEN PRICE, TOTAL COSTS
59.26
S
T O TA L VA R I A B L E C O S T
4. FIXED COSTS
MACHINERY
TR ACTOR S
LAND (NET RENT)
T O TA L F I X E O C O S T S
.,_.2t£3
CWT,
3.471
G R A I N S O R G H U M R O TAT E D W / C O T T O N £ O AT S . L A N D C H A R G E C A L C U L AT E D U S I N G L A N D L O R D S
S H A R E A T 3 3 % O F G R O S S I N C O M E L E S S 3 3 X O F F E R T, I N S E C T. H A R V E S T A N D H A U L .
P R E PA R E D B Y J A C K J E N K I N S . TA E X , P E N N E R . T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
19
GRAIN SORGHUM* DRYLAND, TEXAS GRAND PRAIRIE REGION
E S T I M AT E D C O S T S A N D R E T U R N S P E R A C R E
HIGH LEVEL MANAGEMENT
OPE RAT ION
ITEM
NOo
D AT E
TIMES
OVER
LABOR
HOURS
MACHINE
HOURS
1 . 0 0
0 * 1 9 6
0 . 1 2 5
0 . 1 3 1
0.10C
0*1 96
0 . 1 3 1
Cl
30
D I S K - TA N D E M
PICKUP
CHISEL
D I S K - TA N D E M
2 , 3 5
10
2 * 3 0
2 * 3 5
AUG
AUG
o.i o
SEPT
SEPT
IfcOO
I . 0 0
LISTER/BEDDER
PICKUP
2 . 4 3
10
4* 85
2 , 4 3
10
SEPT
SEPT
l.OC
C I O
IjOO
l . O C
0 . 1 0
\»00
I .00
1*00
ifcOC
F E R T. k P P L I . R E N T D
LISTER/BEDDER
PICKUP
C U LT I VATO R
C U LT I VATO R
PLANTER. 6-.R0W
S P R AY E R H E R B I C I D
0 « 2 9 7
C
196
0 . 1 9 4
0 . 1 2 5
0 . 1 0 3
ROLLER, 6-«ROW
PICKUP
_v 55
10
DEC
DEC
DEC
FEB
to*,R
M^-Q
UilkR
WA R
MAR
C U LT I VATO R
PICKUP
C 5 2
10
APR
APR
ioOC
On I 0
C U LT I VATO R
SHREDDER, 6>P0W
PICKUP
2 * 3 2
4 , 4 7
10
W AY
JULY
J U LY
0c321
1*00
l . O C
0 . 1 6 1
0 . 1 0 ,,_.2.d.l_£!2
3* 740
2. 32
2 , 3 2
2 * 4 5
4-1
TO TA L S
1 . 0 0
C 10
0 . 1 9 4
0 - , 2 5
0 * 3 2 1
C 3 2 1
0 * 2 4 3
£*o
C 1 2 2
0*,!. 25
0. 321
0 * 1 2 5
0. 1 00
0 * 0 6 9
0 . 1 3 0
0. IOC
0 * 2 1 4
0 « 2 i *
0* 162
0. 1 6i
FIXED
FUEL,OIL,
COSTS
L U B . , R E P.
PER ACRE PER ACRE
1*01
0. 60
1 .
l .
0 .
0 .
C
3 6
O i
9 0
6 0
20
0 . 9 0
0 . 6 0
l o 2 7
0 . 2 8
1 . 3 1
1 .
C
0 .
C
2 7
8 2
2 8
20
a. 82
0 . 2 8
1 . 3 0
1 . 3 0
1. 36
C 14
C 2 8
0 . 2 8
CO 62
0 * 1 0 0
0«2X«*
0*1 OC
1 . 4 6
1 « «*6
1. 26
0 - 0 5
0 . 2 9
0. 60
i *46
0 * 6 0
C 2 1 c
0* 107
I* 46
0.<*6
1. 30
0. 70
-Ox!Z9.
-Ox&O
-2-22
2w774
16«86
15.03
U 3 0
0 . 2 6
G R A I N S O R G H U M R O TAT E D W / C O T T O N £ O AT S . L A N D C H A R G E C A L C U L AT E D U S I N G L A N D L O P l
S H A P E AT 3 3 5 S O F G R O S S I N C O w e L E S S 3 3 % O F F E R T, I N S E C T * H A R V E S T A N D H A U L *
P R E PA R E D B Y J A C K J £ N « I N 5 * T- E X * R E N N E R , T E X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
d U D G E T I D E N T I F I C AT I O N N U m B E R —
A N N U A L C A P I TA L M C . M T H 7
7 3 Ot »^OOJ 1 *0C 0
20
KLEINGPASS ESTABLISHMENT. DRYLAND, TEXAS GRAND PRAIRIE REGION
ESTIMATED COSTS AND RETURNS PEP ACRE
TYPICAL MANAGEMENT
UNIT
PRICF
OR
VA L U E
OR
COST/UNIT QUANTITY COST
GROSS RECEIPTS FROM PRODUCTION
TUTAL
VA R I A u L E C O S T S
P R E H A RV E S T
FERT(60-40-0 )
SEED
MACHINERY
TRACTORS
LABOR(TRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
S U B T O TA L , P R E - H A R V E S T
0.0
ACRE
LBS.
ACRE
ACRE
HOUR
DOL.
2 2.0C
7.25
4.19
5.91
2.25
c i r
1 *CC
2.50
l*0O
l.TO
2*55
21.99
22.00
18* 13
4. 19
5.9!
5. 7 3
Zx22
£
HAPVEST COSTS
S U B T O TA L , H A P V E S T
C C
T O TA L VA R I A B L E C O S T
t
L . I N C O M E A B O V E VA P I A B L E C O S T S
FIXED COSTS
M A C H I N E RY
TR ACTORS
LAND (NET RENT)
T O TA L F I X E D C O S T S
58. 16
58. 16
$ -58. 16
$
ACRE
ACRE
ACRE
3.44
4.84
5.00
1.00
1.00
1.00
3.44
4.84
5x02
$
1 3.29
5 » T O TA L C O S T S
i
71. 45
6. NET RETURNS
$ -71,45
F S TA t i L l S H F D O N N AT I V E G R A S S F I E L D .
P f t F O A R E D B Y J A C K J E N K I N S . TA E X « R E N N E R , T E X A S 7 5 0 7 9
PROJECTED 1977
21
K L E I N G R A S S E S T A B L I S H M E N T, D R Y L A N D , T E X A S G R A N D P R A I R I E R E G I
E S T I M AT E D C O S T S A N D R E T U R N S P E P A C P E
TYPICAL MANAGEMENT
ITEM
NO.
Q P E R AT I O N
CHISEL
PICKUP
D I S K - TA N D E M
PICKUP
F E R T. A P P L I , R E N T D
D I S K - TA N D E M
PICKUP
C U LT I PA C K E R
BF? ILL I ON SEEDER
pickup
io
TO TA L S
may
2,30
10
2,34
10
6.86
2,34
IC
6,66
6,70
D AT E
FIXED
FUEL,OlL,
COSTS
TIMES LABOR MACHINE L U B * , R E P *
PEP ACRE PER ACRE
OVER
HOURS
HOURS
DEC
DEC
FEB
FEB
APR
APR
APP
APR
APR
1.00
0.15
1.00
0.15
1.90
1.00
0.15
1.00
1,00
0.15
2.547
0.297
0.187
0.287
0. 187
0.103
C 2 8 7
0. 187
0*271
0.552
_2.a.l3l
Cl 98
0.150
Ooi 91
0. 15r
C C 6 9
Cl 91
0.150
0*18!
0,3 68
-0*15<±
1©798
1* 36
0,90
I «38
0* 90
0*24
1.38
0. 9C
C. 87
1*28
-0*20
1C.10
1*31
0.42
lo51
Do42
C 2 0
1.51
T. 4 2
1.02
1*06
-0*42
8o29
/^^\
E S TA B L I S H E D O N N AT I V E G R A S S F I E L D .
P R E PA R E D B Y J A C K J E N K I N S . TA F X • ^ E N N E R , T F X A S 7 5 0 7 9 P R O J E C T E D 1 9 7 7
B U D G E T I D E N T I F I C AT I O N N U M B E R 8 2 8 0 I 4 0 0 2 1 4 C C 0
A N N U A L C A P I TA L M O N T H 9
*~*\