Water Infrastructure Finance & Innovation Direct Loan Financing
Schedules
TAFS: 068-4372 /X - Water Infrastructure Finance & Innovation Direct Loan Financing
| Previously Approved (Iteration 2) | OMB Action (Iteration 3) | |||||
|---|---|---|---|---|---|---|
| Line # | Split | Description | Amount | Footnotes | Amount | Footnotes |
| 1200 | BA: Mand: Appropriation | Line added | $4,979,091.00 | See footnotes below | ||
| Footnotes for line 1200 (Current): | B5: During FY2025, EPA is authorized to modify the Santa Cruz at a subsidy cost of -$2,279,101.72 with the modification adjustment transfer of $4,979,090.71. B6: Pursuant to the Federal Credit Reform Act (FCRA), title V of Public Law 93-344, as amended, which provides the budget authority for the modification adjustment transfer. | |||||
| 1236 | BA: Mand: Appropriations applied to repay debt | Line added | -$4,979,091.00 | See footnotes below | ||
| Footnotes for line 1236 (Current): | B5: During FY2025, EPA is authorized to modify the Santa Cruz at a subsidy cost of -$2,279,101.72 with the modification adjustment transfer of $4,979,090.71. B6: Pursuant to the Federal Credit Reform Act (FCRA), title V of Public Law 93-344, as amended, which provides the budget authority for the modification adjustment transfer. | |||||
| 1400 | BA: Mand: Borrowing authority | $3,000,000,000.00 | See footnotes below | $3,000,000,000.00 | See footnotes below | |
| Footnotes for line 1400 (Previous): | B1: P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. B2: During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. B3: During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. | |||||
| Footnotes for line 1400 (Current): | B1: P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. B2: During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. B3: During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45; $196,000,000.00 supports Indiana Finance Authority Loan 2 with a subsidy rate of 0.22 percent and a subsidy cost of $431,200.00; $318,990,000 supports Portland Loan 2 with a subsidy rate of 1.42 percent and a subsidy cost of $4,529,658.00. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. | |||||
| 1840 | BA: Mand: Spending auth:Antic colls, reimbs, other | $80,000,000.00 | See footnotes below | $80,000,000.00 | See footnotes below | |
| Footnotes for line 1840 (Previous): | B1: P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. B2: During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. B3: During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. | |||||
| Footnotes for line 1840 (Current): | B1: P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. B2: During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. B3: During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45; $196,000,000.00 supports Indiana Finance Authority Loan 2 with a subsidy rate of 0.22 percent and a subsidy cost of $431,200.00; $318,990,000 supports Portland Loan 2 with a subsidy rate of 1.42 percent and a subsidy cost of $4,529,658.00. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. | |||||
| 1920 | Total budgetary resources avail (disc. and mand.) | $3,080,000,000.00 | $3,080,000,000.00 | |||
| 6011 | Project: Future Direct Loans | $2,850,883,743.00 | See footnotes below | $2,333,614,641.00 | See footnotes below | |
| Footnotes for line 6011 (Previous): | A1: All funding amounts provided for obligation to the Administrator of the Environmental Protection Agency for direct loans administered under the Water Infrastructure Finance and Innovation Act (WIFIA) program are apportioned for the fiscal year, and available for obligation under Category B at such time as the subsidy costs for each project are determined in accordance with the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.), as amended. Rationale: Footnote specifies when the funds are available for obligation pursuant to legal authority. | |||||
| Footnotes for line 6011 (Current): | A1: All funding amounts provided for obligation to the Administrator of the Environmental Protection Agency for direct loans administered under the Water Infrastructure Finance and Innovation Act (WIFIA) program are apportioned for the fiscal year, and available for obligation under Category B at such time as the subsidy costs for each project are determined in accordance with the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.), as amended. Rationale: Footnote specifies when the funds are available for obligation pursuant to legal authority. | |||||
| 6012 | Estimated Interest paid to Treasury | $60,000,000.00 | $60,000,000.00 | |||
| 6013 | New Castle County | $12,587,629.00 | $12,587,629.00 | |||
| 6014 | Pflugerville 2 | $156,528,628.00 | $156,528,628.00 | |||
| 6015 | Indiana Finance Authority Loan 2 | Line added | $196,000,000.00 | |||
| 6016 | Portland Loan 2 | Line added | $318,990,000.00 | |||
| 6017 | Santa Cruz modification - negative subsidy account | Line added | $2,279,102.00 | |||
| 6190 | Total budgetary resources available | $3,080,000,000.00 | See footnotes below | $3,080,000,000.00 | See footnotes below | |
| Footnotes for line 6190 (Previous): | A2: The listed subsidy rates, subsidy amounts and loan amounts are notional. The final subsidy rates and subsidy amounts are subject to OMB revision based upon receipt of the final rating opinion letters prior to final acceptance and financing of the WIFIA loans per 33 U.S.C § 3907(a)(1)(D)(ii). Rationale: An agency spend plan or other documentation is necessary to better understand how the agency intends to obligate some or all of the apportioned funds. | |||||
| Footnotes for line 6190 (Current): | A2: The listed subsidy rates, subsidy amounts and loan amounts are notional. The final subsidy rates and subsidy amounts are subject to OMB revision based upon receipt of the final rating opinion letters prior to final acceptance and financing of the WIFIA loans per 33 U.S.C § 3907(a)(1)(D)(ii). Rationale: An agency spend plan or other documentation is necessary to better understand how the agency intends to obligate some or all of the apportioned funds. | |||||
Footnotes
Footnotes provide further information about, or establish further legal requirements related to the use of, the funds in a given line or set of lines in an apportionment. If footnotes appear on lines 1920 or 6190, they apply to all the lines in the 1xxx and 6xxx sections, respectively. The following are all the footnotes associated with this file.
| Number | Text |
|---|---|
| A1 | All funding amounts provided for obligation to the Administrator of the Environmental Protection Agency for direct loans administered under the Water Infrastructure Finance and Innovation Act (WIFIA) program are apportioned for the fiscal year, and available for obligation under Category B at such time as the subsidy costs for each project are determined in accordance with the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.), as amended. Rationale: Footnote specifies when the funds are available for obligation pursuant to legal authority. |
| A2 | The listed subsidy rates, subsidy amounts and loan amounts are notional. The final subsidy rates and subsidy amounts are subject to OMB revision based upon receipt of the final rating opinion letters prior to final acceptance and financing of the WIFIA loans per 33 U.S.C § 3907(a)(1)(D)(ii). Rationale: An agency spend plan or other documentation is necessary to better understand how the agency intends to obligate some or all of the apportioned funds. |
| B1 | P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. |
| B2 | During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. |
| B3 | During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45; $196,000,000.00 supports Indiana Finance Authority Loan 2 with a subsidy rate of 0.22 percent and a subsidy cost of $431,200.00; $318,990,000 supports Portland Loan 2 with a subsidy rate of 1.42 percent and a subsidy cost of $4,529,658.00. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. |
| B5 | During FY2025, EPA is authorized to modify the Santa Cruz at a subsidy cost of -$2,279,101.72 with the modification adjustment transfer of $4,979,090.71. |
| B6 | Pursuant to the Federal Credit Reform Act (FCRA), title V of Public Law 93-344, as amended, which provides the budget authority for the modification adjustment transfer. |
The following are all of the footnotes associated with the previous iteration of this file. Note that previous iterations of accounts in this file may come from multiple previous files.
| Number | Text |
|---|---|
| A1 | All funding amounts provided for obligation to the Administrator of the Environmental Protection Agency for direct loans administered under the Water Infrastructure Finance and Innovation Act (WIFIA) program are apportioned for the fiscal year, and available for obligation under Category B at such time as the subsidy costs for each project are determined in accordance with the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.), as amended. Rationale: Footnote specifies when the funds are available for obligation pursuant to legal authority. |
| A2 | The listed subsidy rates, subsidy amounts and loan amounts are notional. The final subsidy rates and subsidy amounts are subject to OMB revision based upon receipt of the final rating opinion letters prior to final acceptance and financing of the WIFIA loans per 33 U.S.C § 3907(a)(1)(D)(ii). Rationale: An agency spend plan or other documentation is necessary to better understand how the agency intends to obligate some or all of the apportioned funds. |
| B1 | P.L. 114-254, Section 197(a) provided a loan limit of $2,073,000,000. P.L 115-31 added $976,000,000, for a total loan limit of $3,049,000,000 for FY 2017. P.L. 115-141 provided a loan limit of $610,000,000, and Section 430 (4) (c) of that same bill provided an additional $6,100,000,000, for a total loan limit of $6,710,000,000 for FY 2018. P.L. 116-6 provided a loan limit of $610,000,000, and Section 429 (c) of that same bill provided an additional $6,700,000,000, for a total loan limit of $7,310,000,000 for FY 2019. P.L. 116-94 provided a loan limit of $11,500,000,000 for FY 2020. P.L.116-260 provided a loan limit of $12,500,000,000 for FY 2021. P.L.117-103 provided a loan limit of $12,500,000,000 for FY 2022. P.L. 117-328 provided a loan limit of $12,500,000,000 for FY 2023. P.L.118-42 provided a loan limit of $12,500,000,000 for FY 2024. The cumulative loan limit for WIFIA is $78,569,000,000 for FY 2017, FY 2018, FY 2019, FY 2020, FY 2021, FY 2022, FY 2023 and FY 2024. |
| B2 | During FY2024, EPA was authorized to modify the City of Los Angeles at a subsidy cost of -$158,183 with the modification adjustment transfer of -$2,166,711. The actual modification will occur in FY2025. |
| B3 | During FY2025, EPA is authorized to use these resources for the following loans: $12,587,629 supports New Castle County with a subsidy rate of 0.27 percent and a subsidy cost of $33,986.60; $156,528,628 supports Pflugerville 2 with a subsidy rate of 0.55 percent and a subsidy cost of $860,907.45. No changes are required on the program account for these loan transactions, only entries on the direct loan financing account. |
| B4 | Pursuant to the Water Infrastructure Finance and Innovation Act of 2014 33 USC 3909, Section 5030, and 33 USC 3908, Section 5029, the Administrator of EPA may collect and spend fees at a level that is sufficient to cover: (a) the costs of services of expert firms; (b) all or a portion of the costs to the Federal Government of servicing the Federal credit instruments. P.L. 117-328 provides WIFIA authority to collect fees to be credited to the appropriation and remain available until expended." |
Notes about this page
- † Links to public laws are automatically generated and are not guaranteed to be accurate.