Omnibus water bill-construction. |
12LSO-0189.C1 |
FISCAL NOTE
This bill contains appropriations of $18,270,070 from the WATER DEVELOPMENT I to the Water Development Commission. These appropriations are effective immediately.
This bill contains appropriations of $8,708,500 from the WATER DEVELOPMENT II to the Water Development Commission. These appropriations are effective immediately.
DETAIL OF APPROPRIATION
Agency #: 029 Agency Name: Water Development Commission
Unit: new (numerous)
EXPENDITURE BY SERIES AND YEAR FY 2012 FY 2013 FY 2014
0600 Grant & Aid Payments $2,640,000 $9,250,000 $14,515,570
0800 Non-Operating Expenditures $57,000 $200,000 $316,000
Total Expenditure Per Year: $2,697,000 $9,450,000 $14,831,570
Grand Total Expenditure: $26,978,570
Total Appropriated to Agency: $26,978,570
Total Appropriated by Fund
WATER DEVELOPMENT I : $18,270,070
WATER DEVELOPMENT II : $8,708,500
Description of appropriation:
The appropriations reflected above will be used for grants and loans to project sponsors (municipalities, irrigation districts, and special districts) for the design, permit procurement land acquisition, construction engineering and construction of new development and rehabilitation water projects.
The 0600 series expenditures reflected above will be expended for grants, and the 0800 series expenditures will be expended for loans, as described in the bill.
This bill is effective immediately. As reflected in the table above, it is estimated that a total of $2,697,000 ($1,827,000 from Water Account I and $870,000 from Water Account II) will be expended before July 1, 2012, in FY 2012. It is anticipated that the remainder of the appropriations will be expended after July 1, 2012, in the FY 2013-14 biennium.
Prepared by: Dean Temte, LSO Phone: 777-7881
(Information provided by Mike Purcell, WWDC; 777-7613)