Water and Wastewater Grant Fund
During the 1999 Legislative session, the Legislature created the Water and Wastewater Project Grant Fund. In 2000, the Legislature authorized the Authority to issue up to $5 million in bonds to fund grants for 38 public water and wastewater systems which have been completed and the funds expended. Since its inception, the Legislature has appropriated approximately $55.9 million to the fund for 172 public water wastewater systems.
The Water and Wastewater Projects Grant Fund is basically completed with several grants completing their projects in FY 2009. Over the life of the program, the Authority provided funding to 159 projects, totaling over $59.6 million. There will be no additional projects approved for this program unless additional funding is secured for this purpose.