Saturday, December 16, 2017

Proposition 50 Funds

Remaining Fund Balances

Water Code Chapter 8, Section 79565, Integrated Regional Water Management

Appropriations, (Less $8,500,000 per SB 71) $131,500,000
Allocations and Awards $131,276,583
Remaining Balance $223,417

SB 71 (Salton Sea) $8,500,000
Allocations and Awards $2,450,676
Remaining Balance $6,049,324

Water Code Chapter 9 Colorado River, Section 79568(a)

Appropriations $50,000,000
Allocations and Awards $39,957,000
Remaining  Balance $10,430,000

Water Code Chapter 10, Coastal Watershed and Wetland Protection, Section 79572(a)(1)&(2)

$750 M appropriation, less $300 M for Los Angeles and Ventura County, and $200 M for San Francisco Bay Area projects.

Appropriations $450,000,000
Allocations and Awards $383,953,351
Remaining Balance $66,046,649

Note: These funds are continuously appropriated. The WCB has also received and is currently evaluating a substantial number of new projects to be funded with the remainder of these funds. The WCB will continue to accept and consider new project proposals until all funds are exhausted.

Section 79572(b) Los Angeles and Ventura County

Appropriations (minimum) $300,000,000
Allocations and Awards $299,134,057
Remaining Balance $865,943

Section 79572(c) San Francisco Bay Area

Appropriations (maximum) $200,000,000
Allocations and Awards $176,738,037
Remaining Balance $23,261,963

Note: These funds are continuously appropriated. The WCB has also received and is currently evaluating a substantial number of new projects to be funded with the remainder of these funds. The WCB will continue to accept and consider new project proposals until all funds are exhausted.

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