SITE INFORMATION AND CORRESPONDENCE

Home Browse Search

USTCF Budget Allocations -3- FY 2010-2011 FY 2011-2012 FY 2012-2013 Full Year AB 1188 Half Year AB 1188 After AB 1188 Funding Funding Fundin Total Available for $255,000,000 $193,000,000 $155,000,000 Claims Set Asides Pay for Old Costs NA $70,000,000 $9,000,000 Contingencies NA $16,000,000 $16,000,000 Subtotal NA $86,000,000 $25,000,000 Revised Balance Claims not on $107,000,000 $130,000,000 Available for Site budget allocation Budgets model FY 11/12 will be a transition year for the Fund. Preliminary experience from the transition to this claim budget-based new business model indicates that the Fund will need to aggressively develop and implement additional tools and controls to maintain the financial discipline required for the Fund to continue as a sustainable source of funding for UST cleanups in California. The Fund will continue to communicate these changes as they are developed via our web site, the Lyris mailing list and other outreach efforts. We understand that this change from the status quo is neither easy nor painless, but it is critical to the viability of the Fund. We appreciate the continued cooperation of all parties involved in this developing and ongoing improvement process. If you have any questions or concerns, please contact the Fund at (800) 813-FUND (3863) or by e-mail at USTCleanupFund(c waterboards.ca.gov. Additional Fund related information, including sign up information for our Lyris mailing list, can be found on our web site at: http://www.waterboards.ca.gov/water issues/programs/ustcf/. Sincerely, Z440-AL John Russell, P.G., Fund Manager Underground Storage Tank Cleanup Fund California Environmental Protection Agency 0 Recycled Paper