HomeMy WebLinkAbout02.a Handouts Additional for Legislative updateLCENTRAL SAN
Board Meeting
September 5, 2024
ADDITIONAL
Handouts
9/4/2024
Handout Item 2.
p FY2025 Funding Update
' Future Funding Opportunities
Federal Legislation Update
a
�/ 2024 Election
9/4/2024
FY2025 FUNDING UPDATE
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FY2025 - COMMUNITY PROJECT FUNDING
Central San enjoyed broad support for its Community Project Funding
requests from the California Congressional Delegation this year!
Included in the FY2025 Interior -Environment Appropriations House Bill:
-i. Solids Handling Facilities Improvements - $1,105,800 (Garamendi)
2. UV Disinfection Replacement Project - $1,105,800 (DeSaulnier)
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FY2025 - COMMUNITY PROJECT FUNDING
Next steps: House and Senate bills must be reconciled before final passage.
Despite Central San's projects not being in the Senate bills, they were supported
by Senators Padilla and Butler, so MGFPC remains optimistic about their
inclusion in the final budget.
Congress is expected to pass a continuing resolution (CR) in September with
final passage of the FY25 budget not occurring until late 2024 or early 2025.
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FUTURE FUNDING
OPPORTUNITIES
0
- 6UL 4 M -
RECLAMATION I'll.,
ION
„EPA
t FEMA
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BIPARTISAN INFRASTRUCTURE LAW (BIL) OVERVIEW
BIL included 5 years of funding (FY22-26)
across several federal agencies.
BIL funded both EXISTING and NEW programs.
Existing programs were positioned to New programs established under BIL (or
expand capability more rapidly. shortly before) were subject to longer
implementation timelines.
Ex: Several WaterSMART grant
programs (BOR), State Revolving
Loan Funds (EPA)
Ex: Large -Scale Water Recycling
(BOR), Small Storage (MR),
Aquatic Ecosystem Restoration (BOR)
While a lot of BIL funding has already been distributed, significant BIL funding remains
at Reclamation - including within the Large -Scale Water Recycling Program.
LUS C.F9
LARGE-SCALE WATER RECYCLING PROGRAM
Bureau of Reclamation WaterSMART Water Recycling and Desalination Programs
Title XVI Water Reclamation and Reuse Program, Desalination Construction Program, and
Large -Scale Water Recycling Program.
Large -Scale Water Recycling Program: Funding for projects will play an important role in
helping communities develop local, drought -resistant sources of water supply by turning
currently unusable water sources into a new source of water supply that is less vulnerable to
drought and climate change.
Project cost must be greater than or equal to $500,000,000; 25% Federal cost share; no per -project maximum
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9/4/2024
:.EPA
Projects must2O
i
Minimum project size
be creditworthy
million
for large communities
W1
FIAeligible
Maximum portion of
project costs
49 /o
o
Interest rate will be
equal or greater to US
Treasury rate of a
WIFIA can fund
similar maturity
LOAN
PROGRAM
OVERVIEW
3 5
Maximum final maturity
O
date from substantial
years
completion
Maximum time
repayment may be
5
NEPA, Davis -Bacon, American
Iron and Steel, Build America,
deferred after
and all federal cross -cutter
substantial completion
years
provisions apply
�V.5G.,. :.EPA
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WIFIA LOAN BENEFITS
• Fixed interest rate locked in at closing.
r Interest does not accrue until loan is drawn.
Borrower credit does not impact interest rate.
No penalty for prepayment.
• Sculpted repayment schedule to grow payments over time.
• WIFIA can take a subordinate lien position.
• Loan closing in as little as 4 months, or faster for repeat borrowers.
• Bespoke loan agreements that can fit into each borrower's existing indenture structure or be
r
stand-alone issuances.
• Pairs well with other forms of funding and financing.
• Financing available for a combination of projects under one loan.
Upfront commitment available for multiple projects via Master Agreement.
• Ability to request monthly disbursements.
r r r r r Disbursements processed within 15 days of request.
• Dedicated loan management team responsive to borrower needs.
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�s1c.E' FEMA
FEMA HAZARD MITIGATION ASSISTANCE GRANTS
Grants to address high-level future risks to natural disasters such as wildfires,
drought, hurricanes, earthquakes, extreme heat, and increased flooding to
foster greater community resilience and reduce disaster suffering.
Building Resilient Infrastructure and Communities (BRIC): funding to reduce risks
from future disasters & natural hazards (last opportunity opened Oct. 2023, closed Feb. 2024).
Pre -Disaster Mitigation (PDM): funding for measures designed to reduce risk to individuals
and property from future natural hazards, while also reducing reliance on federal funding from
future disasters (las funding opportunity opened May 2024 and closed June 2024). 'PDM
funding is available through competitive grant opportunities and Community Project Funding
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FEDERAL LEGISLATION
9/4/2024
Water PFAS Liability Protection Act
This bill exempts specified water management
entities from liability under the Comprehensive
Environmental Response, Compensation, and
Liability Act of 1980 (CERCLA) for releases of
certain perfluoroalkyl or polyfluoroalkyl
substances, commonly referred to as PFAS.
H.R. 7944 Rep. Curtis —
S. 1430 UT
(Cosponsors: 5
Rs, including
Rep. Owens —
UT, 4 Ds)
Sen. Lummis — House and Senate
WY bills introduced;
(9 R Cosponsors) awaiting
Subcommittee
hearings
STREAM Act S. 2162 N/A Sen. Feinstein — Subcommittee
Bill that would increase water supply and CA hearing held
modernize water infrastructure in California and (Cosponsors: 7/19/2023;
throughout the West. Sens. Kelly — AZ awaiting markup
and )
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EXPECTED LEGISLATIVE
ACTION
There are a limited number of legislative days
left to pass legislation this Congress.
Congress will adjourn for recess for the month
of October ahead of the election.
Congress expected to pass a continuing
resolution (CR) before the end of September
when FY24 funding expires to avoid a
government shutdown.
Possibility of an omnibus natural resources
package this fall.
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2024 ELECTION
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WHAT'S ON THE BALLOT IN 2024?
0 PRESIDENT
Vice President Kamala Harris will face off against former President Donald Trump;
President Joe Biden dropped out of the presidential race July 21, 2024
SENATE
Democrats currently hold a 51-49
majority in the Senate; 23 of the 34
Senate seats up for election are
Democrat -held, giving Republicans an
opportunity to flip the chamber
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HOUSE OF REPRESENTATIVES
Republicans hold slim 220-213
ui n�
majority in the House; The Cook
Political Report rates 24 seats as toss-
up, giving Democrats an opportunity to
flip the chamber
EM
9/4/2024
POTENTIAL 2024 ELECTION OUTCOMES
LIKELY SCENARIOS
President House Senate Likelihood Likelihood analysis
t
High
Presidential race is a toss up
Democrats have a chance to regain control of the House, but GOP will
High
.....
likely flip the Senate
Medium
GOP has a chance to win control of Congress, but it's less likely for
Democrats to win the presidency and lose both chambers of Congress
Medium
i
Low
.....
Democrats will struggle to retain Senate control; unlikely GOP would
win presidency and House but fail to flip the Senate
Low
Very Low
Highly unlikely for Democrats to lose the presidency but win both
•••••
chambers of Congress
Very Low
Democrats are unlikely to win both chambers of Congress
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44 ELECTORAL VOTES ARE CONSIDERED TOSS UP
STATES FOR THE 2024 ELECTION
Cook Political Report: 2024 Electoral College Ratings
■ Solid D ■ Likely D ■ Lean D ■ Toss Up ■ Lean R ■ likely R ■ Solid R
"Nebraska .nd Maine .word two elecro,v e.ch t. the winner .f thei, st.te i poplar vote and one elecro, t. X+ wim ,.f e.<h .f fM1eir congressional districts
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9/4/2024
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GE aATINel IN,
oEviH
2024 Ele<oral College raring.,
COOK POLITICAL
REPORT RATINGS
OF THE
" Reoor r wYh Am. Wolrer.
vsir me Cook polneal
2024 ELECTORAL
COLLEGE
==mum===
CA 54 EV ME 2 EV
CO 10 EV MN 10 EV
CT 7 EV NH 4 EV
NE-02 1 EV AZ 11 EV
GA 16 EV
MI 15 EV
FL 30 EV AL
ME-02 1 EV AK
TX 40 EV AR
9 EV
3 EV
6 EV
DE 3 EV NM 5 EV
DC 3 EV VA 13 EV
HI 4 EV
NC 16 EV
NV 6 EV
PA 19 EV
ID
IN
IA
4 EV
11 EV
6 EV
IL 19 EV
ME-Ol 1 EV
WI 10 EV
KS
KY
6 EV
8 EV
MD 10 EV
MA 11 EV
NJ 14 EV
LA
MS
MO
8 EV
6 EV
10 EV
OR 28 EV
OR 8 EV
RI 4 EV
Solid to Lean D
MT
NE-Ol
NE-03
4 EV
1 EV
1 EV
VT 3 EV
WA 12 EV
Toss Up 93
270 —dod
Solid to Lean R ® io w��,
ND
OH
OK
3 EV
17 EV
7 EV
SC
SD
9 EV
3 EV
TN
UT
11 EV
6 EV
WV
WY
4 EV
3EV
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THE COOK POLITICAL REPORT CURRENTLY RANKS
THE ELECTORAL COLLEGE AS A TOSS UP
Cook Political Report ratings
2024 ELECTORAL COLLEGE
Solid to Lean D (226) Toss Ups (]]) Lean to Solid R (235)
110 mywiry line
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SENATE ELECTION OVERVIEW
mmmamwm
Buller (CA) Cardin (MD) Sinema (AZ)* Stab- (MI) Scott (FL) Manchin (WV)*
Murphy (CT) Casey Jr. (PA) Tester (MT) Cruz (T%) Braun (IN)
Carper (DE) Baldwin(WI) Brown (OH) Hawley (MO)
Hlrono IHp Rosen (NV) Wicker (MS)
Warren (MA) Cramer (ND)
bch Klouar (MN) Fischer (NE)
Menendez (NJ) Ricketts (NE)
Heinrich (NM) Blackburn (TN)
Gillibrand (NY) Romney (UT)
Whitehouse (RI) Barran . (WY)
Koine (VA)
Cantwell (WAI
King (ME)*
Sanders (VT)*
Democrat -held seat
Republican -held seat
Incumbent not seeking
reelection
"The seoh of Sens. Sinema (AZ), King (ME), Sanders (VT), and M—hin (WV) are considered "Demucror"
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VOTERS GENERALLY SUPPORT SAME PARTY FOR
SENATE AS PRESIDENT AT THE STATE LEVEL
There are three Senate crossover seats on the ballot in the 2024 election. All three are held by
Democratic senators in states that Trump won in 2020
OF US SENATE ELECTIONS WON BY CANDIDATES OF THE SAME/DIFFERENT PARTY AS THEIR STATE'S MOST
RECENT PRESIDENTIAL ELECTION WINNER
—Senator and president from the some parry Senator and president from different parties
97%
59%
0C
41 o/a \ /
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1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 2020
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9/4/2024
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�m�, Far mare imigM on Me lOZ4 House rotes, Nsit
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HOUSE ELECTION OVERVIEW
9 GOP
rL -Ill
CA-09 Harder AK -AL POW, COOS Caraveo CA-45 Sreel CA-03 Kiley
CA-49 Levin CA-47 Open ME-02 Golden CO-03 Open CA-40 Kim
FL-09 Soto CT-05 Hayes MI-07 Open IA-0 3 Nunn FL-13 Lsw
FL-23 Moskowih IL-17 Swenson MI-os Open MI-70 James IA-01 Miller -Meeks
KS-03 Davids IN-01 Mrvan NC-01 DO is NE-02 Bacon MT-01 Zinke
MD-06 Open MN-02 Craig NM-02 Vasgaez PA- 10 Perry NY-01 LaLoM
MI-03 Sohollen NV-03 Lee OH-09 Kapt VA-02 Kiggans PA-01 Fitzp,kkk
NH-01 Pappas NY-18 Ryan OH-13 Sykes WI-03 Van Orden TX-75 De La Cruz
NH-02 Open OR-06 Salina: PA-07 Wild WI-ol Steil
NV-01 Ti., PA-17 Me io PA-08 Cartwright
NV-04 Horstord TX-28 Cuellar WA-G Perez
NY-03 Suoni TX-34 Gonzalez AZ-01 Uhweikert
0H-01 Landsman VA-07 Open AZ-06 Ci--i
OR-" Hoyle NY-22 Williams CA-13 Doarte
WA-08 Sshrier CA-22 Valadao
AL-02 New Seat CA-27 Garoia
CA-41 Calvert
NJ-07 Kean Jr.
NY-04 D'Esposi. Democrat -held seat
NY-17 Lawkr
NY-19 Molirwro Republican -held seat
OR-05 Chavez- Freshman member
DeRemer
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11III�1111 QUESTIONS?
Professional Corporation
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