Exchequer Dike, located in Snelling, California, is a public utility structure regulated by the state's Department of Water Resources and Safety of Dams. This rockfill dam, completed in 1966, stands at a height of 62 feet and has a structural height of 97 feet, serving primarily for hydroelectric purposes. With a storage capacity of 1.1 million acre-feet and a normal storage of 1.02 million acre-feet, the dam plays a crucial role in flood risk reduction, irrigation, and recreation for the surrounding area.

Managed by the Federal Energy Regulatory Commission, Exchequer Dike presents a high hazard potential and risk assessment rating. Despite its condition assessment not being available, the dam undergoes regular inspections and has an emergency action plan in place. The structure, associated with the Merced River, serves various purposes including fire protection, stock watering, and fish and wildlife preservation, while also contributing to the local ecosystem and water resource management efforts.

Ensuring the safety of the surrounding communities and the environment, Exchequer Dike remains a vital component of California's water infrastructure. With its strategic location and significant storage capacity, the dam continues to play a crucial role in water resource management, hydroelectric power generation, and recreational activities for residents and visitors alike in Mariposa County.