ARCHIVE SITE - Last updated Jan. 19, 2017. Please visit www.NACWA.org for the latest NACWA information.
ARCHIVE SITE - Last updated Jan. 19, 2017. Please visit www.NACWA.org for the latest NACWA information.
FY 2014 BudgetThe Obama Administration announced its Fiscal Year (FY) 2014 budget request today, which includes a funding request of $8.2 billion for the U.S. Environmental Protection Agency (EPA). With sequestration in effect, this 3.5 percent or $296 million reduction from FY 2012 spending levels comes as little surprise. The budget request in its entirety can be found here. While NACWA is still analyzing the budget, below are a few items to note: Discretionary Spending and the State Revolving Fund Programs:The Administration’s budget proposes steep reductions to the Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF): The CWSRF would be cut by $357 million to $1.095 million, and the DWSRF would be cut by almost $92 million to $817 million. The Budget proposes to maintain the green set-aside in both programs (20% for the CWSRF and 10% for the DWSRF). The Administration also proposes to continue allowing States to provide no less than 20% but no more than 30% in additional subsidization for SRF loans. Below is a chart on proposed discretionary spending levels for EPA programs NACWA tracks:
*(minus an additional $10 million from previous year’s unallocated SRF funds) In addition to the cuts made to SRF programs, the Administration proposes several revenue-related measures that impact water-related infrastructure investments, including:
The FY2014 budget request will now serve as a baseline for Congressional budget negotiations in the coming months though both the House and Senate have already passed separate budget proposals. Now Congress must reconcile these competing proposals into a final package which can govern spending decisions for FY14. NACWA will track these developments and report back to our members as they occur.
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Winter Conference
Next Generation Compliance …Where Affordability & Innovation Intersect
February 4 – 7, 2017
Tampa Marriott Waterside Hotel
Tampa, FL