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The California Water Boards' Annual Performance Report - Fiscal Year 2010-11

FUND: LOANS AND GRANTS FUNDING SOURCES

GROUP: LOANS AND GRANTS FUNDING SOURCES
MEASURE: TOTAL FUNDS ALLOCATED
FUNDS COMMITTED
FUNDS UNCOMMITTED
MESSAGE:   Almost 90% of financial assistance loans and grants funds allocated to projects.
KEY STATISTICS FOR FY 2010-11

MEASUREMENTS  - Data last updated on: 

FUND Total Amount in Fund (As of June 30, 2011) Total Amount Allocated to Current Projects Funds Committed but not Disbursed Funds Available Dependent Upon Future Bond Sales

 

WHAT THE MEASURE IS SHOWING

The Division of Financial Assistance (DFA) administers the State Water Resources Control Board's (State Water Board) financial assistance programs, including programs such as loan and grant funding for the construction of municipal sewage and water recycling facilities, remediation of underground storage tank releases, watershed protection projects, and nonpoint source pollution control projects. This card describes the substantial monetary commitment that the State and federal government have made towards the development and improvement of water and wastewater infrastructure and planning needs.

 

WHY THIS MEASURE IS IMPORTANT

The State of California is geographically diverse, abundant in natural resources, and has a population of over 35 million people. Water quality, groundwater supplies, and clean beaches are all being impacted and threatened by the activities of the state's populace. The State is making a concerted effort to improve water quality, improve water use efficiency, and maintain clean beaches through the passage of bond measures and dedication of other State and federal funding to provide support for these critical areas. The Water Boards administer numerous grant and loan programs for the purposes of improving water quality, water recycling, implementing watershed programs, and monitoring groundwater. Funding of projects is a strategic activity conducted by the Water Boards that requires a significant amount of work in terms of processing applications, establishing priorities and approving and tracking the use of funds. Funding is prioritized to encourage the most important projects and is a key component of the State's efforts to incentivize improvements in water quality.

 

TECHNICAL CONSIDERATIONS

 

GLOSSARY

American Recovery and Reinvestment Act of 2009 (ARRA)
The American Recovery and Reinvestment Act of 2009, abbreviated ARRA (Pub.L. 111-5) and commonly referred to as the Stimulus or The Recovery Act, is an economic stimulus package enacted by the 111th United States Congress in February 2009. The Act followed other economic recovery legislation passed in the final year of the Bush presidency including the Economic Stimulus Act of 2008 and the Emergency Economic Stabilization Act of 2008 which created the Troubled Assets Relief Program (TARP).. The measures are nominally worth $787 billion. Go to the Water Boards ARRA program web site for more information.

( Page last updated:  8/29/11 )