2004 Yellow Book | |||||
Backward | Forward | Cover | Overview | Agency Summaries | Agency Details |
ENVIRONMENTAL FACILITIES CORPORATION (Summary) View Details |
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Adjusted Appropriation 2003-04 |
Executive Request 2004-05 |
Change |
Percent Change |
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AGENCY SUMMARY | |||||
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Special Revenue-Other | 9,732,000 | 9,942,000 | 210,000 | 2.2% | |
Capital | 292,000 | 292,000 | 0 | 0.0% | |
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Total for AGENCY SUMMARY: | 10,024,000 | 10,234,000 | 210,000 | 2.1% |
![]() * 2003-04 and 2004-05 reflect Executive recommended appropriations. |
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ALL FUNDS PERSONNEL BUDGETED FILL LEVELS |
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Fund |
Current 2003-04 |
Requested 2004-05 |
Change |
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All Other Funds: | 92 | 92 | 0 |
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TOTAL: | 92 | 92 | 0 |
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Budget Highlights |
The Environmental Facilities Corporation (EFC) is a public benefit corporation responsible for assisting local governments, State agencies, and private industry in complying with State and Federal environmental laws and regulations. EFC provides assistance in the design, construction, operation and financing of air pollution control, drinking water and wastewater treatment, and solid and hazardous waste disposal facilities. The Corporation administers the Clean Water State Revolving Loan Fund, which provides interest-free, short-term and low-interest rate long-term financing to assist with the planning, design, and construction of water quality protection projects. The Corporation also jointly administers the Safe Drinking Water State Revolving Loan Fund with the New York State Department of Health. |
The EFC is included in the Transportation, Economic Development and Environmental Conservation appropriation bill. |
State Operations |
EFC Operations are supported by Special Revenue Funds derived primarily from the Corporation’s programs. In State Fiscal Year (SFY) 2004-05, the Executive recommends State Operations Special Revenue appropriations of $9,942,000, reflecting a net increase of $210,000 from SFY 2003-04. The $210,000 increase is attributed to increases for personal service as well as fringe benefit rate increases. |
Capital Projects |
The Executive proposes a Capital Projects appropriation of $292,000 from the Clean Water/Clean Air Implementation Fund in SFY 2003-04, with $52,000 dedicated to Clean Water projects and $240,000 for Air Quality projects. This recommendation reflects no change from SFY 2003-04. These monies are used for services and expenses including personal services and fringe benefit costs necessary to implement the clean water and air quality purposes of the 1996 Clean Water/Clean Air Bond Act. |
The Executive also recommends a $7.5 million reappropriation for the Pipeline for Jobs Program, originally created to provide low-cost loans and financial assistance to municipalities, public utilities, public benefit corporations and businesses for water supply improvement projects. |
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