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)