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2000 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Hanger
Major Dam Repair Fund

Item 409 #12s

Item 409 #12s

First Year - FY2001 Second Year - FY2002
Natural Resources
Conservation and Recreation, Department of FY2001 $2,500,000 FY2002 $0 GF

Language
Page 291, line 22, strike "$32,308,559" and insert "$34,808,559".
Page 293, after line 22, insert:
"F.  Out of the amounts for this Item $2,500,000 the first year from the general fund shall be designated to create the Major Dam Repair and Rehabilitation Fund.  The Fund shall be a nongeneral nonreverting fund, the balance of which shall not revert to the general fund at the end of each fiscal year but shall be reappropriated for expenditure in the succeeding year.  The Fund shall be established on the books of the Comptroller.  Interest earned on the moneys in the Fund shall remain in the Fund and be credited to it.  Disbursements from the Fund must be made as appropriations and based on the recommendations of the Director of the Department of Conservation and Recreation and the Soil and Water Conservation Board."


Explanation
(This amendment provides $2.5 million to create and capitalize the Major Dam Repair and Rehabilitation Fund. The Fund will be used to address major structural and safety defects of the 145 dams owned by Soil and Water Conservation Districts. Total costs to bring 16 of these dams to current standards are estimated at $9.9 million.)