Water Infrastructure Finance Authority
SFY 2012 Clean Water
Intended Use Plan

Arizona Clean Water State Revolving Fund

CWSRF Table of Contents
I. INTRODUCTION........................................................................................................1
A. History and Legislation
B. Financial Status of the Arizona CWSRF
C. Arizona’s Request
II. TYPES OF PROJECTS TO BE FUNDED FROM THE CWSRF .........................2
III. CWSRF LOAN PROGRAM DESCRIPTION AND GOALS .................................2
A. CWSRF Loan Program General Information
B. Financial Terms of Loans for Wastewater Projects
C. Long-Term Goals
D. Short-Term Goals
IV. CWSRF SOURCES & USES......................................................................................4
A. Financial Assistance Funds for Loans
B. Clean Water Programs
C. Technical Assistance
D. Program Administration
E. Forgivable Principal
F. Expeditious and Timely Expenditures
G. First Use of Funds
H. Environmental Review Requirements
V. LENDING CAPACITY...............................................................................................7
VI. CRITERIA AND METHOD FOR DISTRIBUTION OF FUNDS..........................7
A. Project Priority List (PPL) and Fundable Range
B. Project Priority List Updates
C. Project Readiness to Proceed
D. WIFA Loan & Subsidy Rates
E. Emergency Funding
F. Binding Commitments
G. Green Project Reserve
VII. ASSISTANCE TO PUBLICLY OWNED MUNICIPAL TREATMENT
SYSTEMS SERVING DISADVANTAGED COMMUNITIES ..............................9
VIII. PUBLIC REVIEW AND COMMENT ......................................................................9
Table of Attachments
Attachment A SFY 2012 CW Priority List
Attachment B SFY 2012 CW Fundable Range for Design and Construction
Attachment C SFY 2012 CW Green Project Reserve
Attachment D EPA’s Strategic Planning
Attachment E CWSRF SFY 2012 Final Funding Tables

1

I. INTRODUCTION
The WIFA Board of Directors is pleased to release Arizona’s Clean Water State Revolving
Fund (CWSRF) Intended Use Plan (IUP) for the State Fiscal Year (SFY) 2012 funding
cycle. The CWSRF IUP describes WIFA’s plan to utilize various sources of funds to
finance clean water infrastructure and support related activities during the SFY 2012
funding cycle from July 1, 2011 through June 30, 2012. Because the final funding level for
the Federal Fiscal Year (FFY) 2011 Federal Capitalization Grant has not been established
at this time, this IUP will present what is thought to be the maximum funding level for
Arizona ($13,762,000) and the minimum ($6,000,000). The minimum was calculated based
on FFY 2008 funding levels.
A. History and Legislation
Before 1987 the federal government funded wastewater infrastructure needs through a
construction grants program. By 1987 it became obvious that the need for facilities was
growing faster than the grants could be funded. The Water Quality Act of 1987 (Clean
Water Act) attempted to address this construction facility issue by authorizing clean
water revolving funds (then called state revolving funds) to be established in each state.
EPA oversight under the construction grants program was replaced by state
management.
In 1989, the Arizona Legislature created the Wastewater Management Authority
(WMA) to administer wastewater facilities dollars provided by the Clean Water Act
Amendments through the State Revolving Fund (SRF). The program was established in
Arizona Revised Statutes (A.R.S.) Title 49, Chapter 2, Article 11, Wastewater
Facilities Financing.
Passage of H.B. 2304 by the Arizona Legislature on April 22, 1997 transformed the
Wastewater Management Authority into the Water Infrastructure Finance Authority of
Arizona (WIFA). WIFA was charged with administering the Clean Water Revolving
Fund (CWSRF) [formerly the State Revolving Fund] for wastewater projects and the
new Drinking Water State Revolving Fund (DWSRF) for drinking water infrastructure
needs. The Board of Directors was expanded from seven to 12 members, including
representatives from the Arizona Corporation Commission, Arizona Department of
Water Resources and Tribes.
B. Financial Status of the Arizona CWSRF
WIFA has received 24 EPA CWSRF Capitalization Grants for a total of $226,694,673.
The table below demonstrates the total funding to be awarded with the 25th CWSRF
Capitalization Grant, based on receiving the maximum amount or minimum amount of
funding.
Total Cap Grant funds Received to Date
With Maximum FFY 2011 Cap Grant
With Minimum FFY 2011 Cap Grant

$13,762,000
$6,000,000

2

$226,694,673
$240,456,673
$232,694,673

C. Arizona’s Request
This Intended Use Plan (IUP) is a required element of the grant application
documentation to obtain the EPA CWSRF grant award. Arizona herewith submits its
IUP for the CWSRF funds available to Arizona for the purposes of funding the
construction of wastewater infrastructure. The total available to Arizona from EPA’s
allotment to States is 0.6737% of the total allotment. See the two CWSRF Sources and
Uses Tables for the minimum and maximum level of funding and expected uses of
those funds.

II. TYPES OF PROJECTS TO BE FUNDED FROM THE CWSRF
CWSRF loans are intended to provide funding for planning, design and construction of the
following types of projects:
1. Projects that support system sustainability such as water efficiency, energy
efficiency, green stormwater infrastructure or other environmentally innovative
activities;
2. Improvements and upgrades to existing wastewater treatment plants and
construction of new wastewater treatment plants;
3. Sewer collection systems;
4. Water reclamation and reuse facilities; and
5. Non-point source projects.

III. CWSRF LOAN PROGRAM DESCRIPTION AND GOALS
A. CWSRF Loan Program General Information:
The Arizona CWSRF Loan Program provides funds for publicly-owned municipal
wastewater systems. Eligible projects include planning, design and construction of new
wastewater treatment plants, improvements and upgrades to existing wastewater
treatment plants, sewer collection systems and water reclamation and reuse facilities.
The program places an emphasis on small and disadvantaged communities and on
projects that promote sustainability through water efficiency, energy efficiency, green
stormwater infrastructure or other environmentally innovative activities. Loans made
under the program currently have interest rates of less than 4 percent. Loan repayments
to the State will provide a continuing source of infrastructure financing into the future.
B. Financial Terms of Loans for Wastewater Projects:
1. Subject to the limitation in item 2 of this list, all loans for the financing of projects
will be for a term not to exceed 20 years from loan closing date, except that under
certain conditions including loans to disadvantaged communities project financing
may be made for a period of up to 30 years.
2. Loan terms are not to exceed the useful life of the project.
3. Terms of financial assistance to publicly-owned municipal wastewater systems
serving disadvantaged communities are addressed in Section VII.
4. Repayment of loan principal must begin within 12 months of project completion
based on the construction schedule available at the loan closing date or actual

3

5.
6.
7.

8.

9.

completion date or three years from the date of the initial principal advance,
whichever is earlier.
Loan disbursements are to be made on a cost reimbursement basis.
The decision to leverage will be based on demand on the loan fund for projects to
address health concerns, market conditions and long-term impact to the fund.
Up to 30% of the FFY 2011 grant funds may be provided as forgivable principal
and 20% will be used to finance water efficiency, energy efficiency, green
infrastructure or other environmentally innovative activities.
All contracts for financial assistance will require the borrower to comply with the
Davis-Bacon Act regardless of the source of funding if required as part of the FFY
2011 Capitalization Grant.
WIFA will allocate income from the Standard Combined Interest and Fee Rate
(CIFR) as either fee income or interest income in accordance with the following
table.

Combined Interest and Fee Rate (CIFR)
Financial Structure
Governmental
Non-Governmental

CIFR
Municipal Market Data Index
(times) Subsidy Rate
Prime Rate (times) Subsidy Rate

Fees

Interest

1.5%

CIFR – 1.5%

3.0%

CIFR – 3.0%

C. Long-Term Goals
For purposes of this IUP, long-term is defined as the life of the program. The following
are the long-term goals of the loan program:
•
•
•
•

Award WIFA’s resources in accordance with the needs of Arizona’s citizens;
Maintain the fiscal integrity of WIFA’s funds and assure continuous
enhancement for future generations;
Facilitate access to and efficiently deliver financial and technical assistance to
Arizona’s wastewater facilities; and
Coordinate with other funding agencies through the Rural Water Infrastructure
Committee (RWIC).

D. Short-Term Goals
For the purposes of this IUP, a short-term goal is an activity intended to be initiated
and, in some cases, completed within a year.
•
•
•

WIFA will make wastewater infrastructure loans more accessible and affordable
to small communities by subsidizing all loans and providing below market rate
interest.
WIFA will provide additional assistance to communities who are identified as
disadvantaged.
WIFA may provide 30% of the Capitalization Grant amount as additional
subsidization in the form of forgivable principal.

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•

WIFA will provide 20% of the Capitalization Grant amount (as required by the
terms of the Capitalization Grant) for sustainable construction efforts such as
water efficiency, energy efficiency, green stormwater infrastructure or other
environmentally innovative activities.

IV. CWSRF SOURCES & USES
As stated earlier, because the final funding levels provided through EPA’s FFY 2011
Federal Capitalization Grant have not been established at this time, WIFA is presenting two
CWSRF Sources and Uses Tables. Table 1 will reflect the full level of funding that would
be provided if the current continuing resolution is approved for the rest of FFY 2011.
Table 2 reflects the minimum funding expected to be approved under a continuing
resolution.

Table 1: Arizona CWSRF Sources & Uses for FFY 2011 Funding Cycle (if maximum
funding is provided) Estimated Available July 1, 2011

Arizona CWRF Sources & Uses for SFY 2012 (FFY 2011 Max Cap Grant)
Federal
WIFA
Contributions Revenues
Funding Sources
Estimated fund balance as of 7/1/2011
New funds expected in SFY 2012
Total Funding Sources
Funding Uses
Financial Assistance Loans
Clean Water Programs (ADEQ)
Technical Assistance
Administration
Forgivable Principal $4,128,600 (30%)
Green Infrastructure $2,752,400 (20%)
Total Funding Uses

WIFA
Loan Accounts

Total

$
- $ 1,909,400 $
$ 13,762,000 $ 4,731,460 $
$ 13,762,000 $ 6,640,860 $

46,540,980 $ 48,450,380
4,144,429 $ 22,637,889
50,685,409 $ 71,088,269

$ 13,211,520 $ 2,752,400 $
$ 2,039,400
$ 357,500
$
550,480 $
64,760

50,685,409 $ 66,649,329
$ 2,039,400
$
357,500
$
615,240

$ 13,762,000 $ 5,214,060 $

50,685,409 $ 69,661,469

State match can be WIFA bond proceeds, WIFA CW fees or state general fund monies.
WIFA may sell water quality revenue bonds; proceeds will be used to increase WIFA's lending capacity

5

Table 2: Arizona CWSRF Sources & Uses for FFY 2011 Funding Cycle (if minimum
funding level is provided) Estimated Available July 1, 2012

Arizona CWRF Sources & Uses for SFY 2012 (FFY 2011 Min Cap Grant)
Federal
WIFA
Contributions Revenues
Funding Sources
Estimated fund balance as of 7/1/2011
New funds expected in SFY 2012
Total Funding Sources
Funding Uses
Financial Assistance Loans
Clean Water Programs (ADEQ)
Technical Assistance
Administration (4%)
Forgivable Principal $1,800,000 (30%)
Green Infrastructure $1,200,000 (20%)
Total Funding Uses

WIFA Loan
Accounts

Total

$
- $ 1,909,400 $ 46,540,980 $ 48,450,380
$ 6,000,000 $ 4,731,460 $ 4,144,429 $ 14,875,889
$ 6,000,000 $ 6,640,860 $ 50,685,409 $ 63,326,269

$ 5,760,000 $ 1,200,000 $ 50,685,409 $ 57,645,409
$ 2,039,400
$ 2,039,400
$ 357,500
$
357,500
$ 240,000 $ 220,000
$
460,000

$ 6,000,000 $ 3,816,900 $ 50,685,409 $ 60,502,309

State match can be WIFA bond proceeds, WIFA CW fees or state general fund monies.
WIFA may sell water quality revenue bonds, proceeds will be used to increase WIFA's lending capacity

A. Financial Assistance Funds for Loans
Eligible projects include planning, design and construction or replacement of
wastewater facilities, sewer collection systems, reclamation and recharge, water
efficiency, energy efficiency, green stormwater infrastructure or other
environmentally innovative activities. A minimum of 20% will be used to finance
sustainable projects that emphasize water efficiency, energy efficiency, green
stormwater infrastructure or other environmentally innovative activities. See the
Arizona CWSRF Sources & Uses for FFY 2011 Funding Cycle Table 1 and
Table 2 for funding details.
B. Clean Water Programs (WIFA Revenues to ADEQ)
The Clean Water Program is composed of activities that protect both surface water
and ground water in Arizona. Surface water quality is protected by controlling point
source discharges from wastewater treatment plants, concentrated animal feeding
operations, storm-water, industrial, commercial and other facilities. Surface water is
also protected from discharges of non-point source pollution by irrigated
agriculture, livestock grazing, silviculture, urban runoff, and construction, mining,
and recreation activities. Arizona’s Aquifer Protection Permit Program protects the
state’s aquifers through the issuance of permits to discharging facilities, registration
of dry wells and issuance of reclaimed water permits. Funds not used for these
purposes during SFY 2012 (July 1, 2011 through June 30, 2012) will revert to
standard project loans after August 1, 2012 and will be reflected in the SFY 2013
CW IUP.

6

ADEQ accomplishes its clean water goals by administering all relevant statutory
and regulatory program activities, including: (1) Arizona Pollutant Discharge
Elimination System (AZPDES) program, (2) Aquifer Protection Permit (APP)
program, (3) engineering review, (4) compliance inspections, (5) outreach and
education, (6) enforcement, (7) statewide watershed management, (8) grants to
eliminate or mitigate nonpoint source pollution, (9) water quality standards, and
(10) water quality monitoring and assessment. For more information please contact
ADEQ’s Water Quality Division Deputy Director.
C. Technical Assistance
Technical Assistance available from WIFA includes planning and design assistance
grants (formerly referred to as project technical assistance), staff assistance
(formerly referred to as operational assistance), and professional assistance
(formerly referred to as policy assistance).
1. Planning and Design Assistance Grants
WIFA will use up to $150,000 for planning and design assistance grants. WIFA
solicits grant applications from Arizona’s political subdivisions and Indian
communities as designated by the Federal Clean Water Act. The purpose of
WIFA’s Planning and Design Grant Program is to help prepare systems for future
infrastructure project construction. Typically, awards are made to facilities with
limited resources that need assistance in completing the planning and/or design
phase of an infrastructure project. WIFA has also placed high priority on projects
that improve water or energy efficiency. The Request for Grant Applications issued
for each grant cycle establishes the scoring criteria on which the applications are
evaluated. Awards are capped at $35,000 per project.
2. Professional Assistance
WIFA will provide $7,500 for the annual Clean Water Rate Survey and $200,000
for the Clean Water Needs Survey. Throughout the Funding Cycle and as
circumstances require, WIFA may fund additional Policy Technical Assistance
projects. The Board will act to add Policy Technical Assistance projects at a public
meeting of the Board.
D. Program Administration (4% Set-Aside plus WIFA Fees)
Four percent of the grant and clean water fees will be used to pay salaries and
associated expenses of program personnel devoting time to the administration of the
funds.
E. Forgivable Principal
Based upon the FY 2011 Additional Subsidization Table provided by EPA, WIFA
is required to provide a minimum amount of additional subsidization of $924,157.
WIFA will provide this additional subsidization in the form of forgivable principal
for up to 90% of the loan amount, based on financial need.

7

F. Expeditious and Timely Expenditures
In accordance with 40 CFR 35-3135 (d), WIFA will expend CWSRF grant funds in
a timely and expeditious manner.
G. First Use of Funds
In accordance with 40 CFR 35-3135 (e), WIFA has met this condition.
H. Environmental Review Requirements
In accordance with 40 CFR 35-3140, WIFA will continue to conduct environmental
reviews pursuant to applicable federal and state statutes and rules.

V. LENDING CAPACITY
During the SFY 2012 funding cycle, the lending capacity of Arizona’s CWSRF will
depend on the:
1.
2.
3.
4.
5.
6.

Amount of state contributions to Arizona’s CWSRF;
Amount of federal contributions to Arizona’s CWSRF;
Financing structure needs of communities;
Interest rate on the CWSRF financial assistance;
WIFA’s ability to partner with other funding sources to jointly finance projects; and
Leveraging capability of the fund.

VI. CRITERIA AND METHOD FOR DISTRIBUTION OF FUNDS
A. Project Priority List and Fundable Range
Project Priority List (PPL), Attachment A: On an annual basis, following a
statewide solicitation for projects, WIFA develops a statewide project priority list of
water projects. Currently the WIFA PPL has 7 project priority list applications
totaling $49,859,500.
Fundable Range, Attachment B: The Fundable Range includes the applicants
ready to receive design or construction financial assistance. (See Section C. below
for Readiness to Proceed criteria.)
B. Project Priority List Updates
The WIFA Board of Directors may update the CWSRF-PPL by adding or deleting
projects or adjusting the fundable range for design or construction projects. The
decision to update the CWSRF-PPL may be based on a project’s readiness to
proceed, refined project cost estimates, availability of other funding sources or
other new information affecting the expansion or contraction of the PPL and
fundable ranges. The WIFA Board of Directors will adopt the updated CWSRFPPL at public meetings and the updates will be posted on the WIFA web site.

8

C. Project Readiness to Proceed:
WIFA considers a project “ready to proceed” when the following criteria are met:
1. Approved debt authorization has been received by WIFA;
2. Plans and specifications have been completed;
3. Local and state permits have been obtained;
4. The bid or solicitation process has been initiated.
D. WIFA Loan & Subsidy Rates
The WIFA Board of Directors has established a target interest rate ranging between
70% and 95% of the tax-exempt AAA Bond Rate. The subsidy rate is based on the
local fiscal capacity which is measured by the area’s median household income,
user rates and charges, the community’s outstanding and proposed debt and cost
effectiveness of project. Interest rates/subsidies on individual loans will be set
pursuant to the criteria below:
1. Priority of the project;
2. Local fiscal capacity of the area served by the system requesting assistance;
3. Lending capacity of Arizona’s CWSRF.
E. Emergency Funding
WIFA can provide up to $250,000 for emergency funding under the criteria set
forth in A.R.S. § 49-1269.
Eligible Applicants
Publicly Owned Treatment Systems
Required Conditions
• The term of the loan does not exceed one year.
• The dollar amount of the loan does not exceed $250,000 per borrower, per
emergency event.
• The purpose of the loan is to provide assistance for designing, redesigning,
engineering, reengineering, constructing or reconstructing water or wastewater
systems that have failed as the result of a disaster, a natural disaster or a
catastrophic event.
• The disaster, natural disaster or catastrophic event is memorialized in a
declaration of emergency by the Governor or the Federal Emergency
Management Agency.
F. Binding Commitments
If the WIFA Board of Directors approves an applicant’s financial assistance
request, WIFA staff will prepare and circulate financial assistance (loan) documents
to evidence the binding commitment in accordance with applicable federal and state
requirements.
G. Green Project Reserve
The FFY 2011 appropriation requires that, to the extent there are sufficient eligible
project applications, not less than 20% of the funds provided for projects must be

9

used for projects that emphasize sustainability through water efficiency, energy
efficiency, green stormwater infrastructure or other environmentally innovative
activities.

VII. ASSISTANCE TO PUBLICLY OWNED MUNICIPAL
TREATMENT SYSTEMS SERVING DISADVANTAGED
COMMUNITIES
The Board may designate an applicant as a Disadvantaged Community if the
applicant satisfies one of the following:
1. The community is designated “colonia” community through the federal
government, or
2. The applicant meets the following criteria:
a. The applicant’s project is above the 50th percentile on the CWSRF-PPL; and
b. WIFA awarded the applicant 50 or more Local Fiscal Capacity points on the
CWSRF-PPL.

VIII. PUBLIC REVIEW AND COMMENT
A public review and written comment period will be conducted from May 13, 2011
through May 27, 2011.
WIFA will solicit public review and comment on the draft SFY 2012 CWSRF IUP
and PPL according to the following schedule:
May 13, 2011
May 23, 2011
May 27, 2011
April 20, 2011

July 01, 2011

Distribution and Web posting of the draft CWSRF IUP and PPL
to all interested parties.
Public Hearing – 1110 West Washington, Room 130, Phoenix,
Arizona 85007 from 1:00 P.M. to 2:00 P.M.
Deadline for public comments on the draft CWSRF IUP and
PPL.
The WIFA Board of Directors adopted the final draft CWSRF
IUP and PPL. Unless there are substantive changes through the
public review process or by EPA, the final draft was approved.
Begin implementation of the Approved CWSRF IUP and PPL

10

Attachment A
Arizona’s Clean Water Revolving Fund
SFY 2012 Funding Cycle – Project Priority List
PPL
Rank

Applicant

Population

County

Project Title
East and West Commercial Sewering
and Northlodge Subdivison and
Northernaire
Centralized Wastewater
Collection/Treatment System

Project
Number

Amount
Requested

Subsidy
Rate

007 2012

$2,000,000

80%

001 2012

$5,500,000

80%

1

Pinewood
Sanitary District

1,600

Coconino

2

Ash Fork
Sanitary District

650

Yavapai

3

Gila Bend, Town
of

1,980

Maricopa

Wastewater Treatment Plant

005 2012

$4,509,500

80%

4

Clarkdale, Town
of

2,323

Yavapai

Broadway Water Reclamation
Facility

002 2012

$3,000,000

80%

5

Show Low, City
of

10,490

Navajo

Manhole Rehabilitation II

006 2012

$500,000

85%

6

Marana, Town of

100

Pima

Marana Airport Septic Tank

003 2012

$600,000

90%

7

Marana, Town of

6,145

Pima

Cottonwood Wastewater Treatment
Plant (1MG)

004 2012

$33,750,000

90%

Total

$49,859,500

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Attachment B
Arizona’s Clean Water Revolving Fund
SFY 2012 Funding Cycle – Fundable Range for Design and Construction
Fundable
Range
Rank

PPL
Rank

1

2

2

4

Applicant
Ash Fork
Sanitary District
Clarkdale, Town
of

Population

County

650

Yavapai

2,323

Yavapai

Project Title
Centralized Wastewater
Collection/Treatment System
Broadway Water Reclamation
Facility

Total

Project
Number

Amount
Requested

Subsidy
Rate

001 2012

$5,500,000

80%

002 2012

$3,000,000

80%

$8,500,000

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Attachment C
Arizona’s Clean Water Revolving Fund
SFY 2012 Funding Cycle – Green Project Reserve

PPL
Rank

Applicant

Population

Project
Number

Amount
Requested

Subsidy
Rate

Probable
Green
Amount

1

Pinewood
Sanitary District

1,600

2

Ash Fork
Sanitary District

650

Project Title
East and West Commercial
Sewering and Northlodge
Subdivison and
Northernaire
Centralized Wastewater
Collection/Treatment
System

3

Gila Bend, Town
of

1,980

Wastewater Treatment Plant

005 2012

$4,509,500

80%

$450,000

4

Clarkdale, Town
of

2,323

Broadway Water
Reclamation Facility

002 2012

$3,000,000

80%

$300,000

5

Show Low, City
of

10,490

Manhole Rehabilitation II

006 2012

$500,000

85%

6

Marana, Town of

100

Marana Airport Septic Tank

003 2012

$600,000

90%

7
Total

Marana, Town of

6,145

Cottonwood Wastewater
Treatment Plant (1MG)

004 2012

$33,750,000
$49,859,500

90%

13

007 2012

$2,000,000

80%

001 2012

$5,500,000

80%

$750,000

Attachment D
EPA’s Strategic Planning
Arizona’s Clean Water Revolving Fund
SFY-12 Clean Water State Revolving Fund (CWSRF)
U.S. Environmental Protection Agency Strategic Plan Goals & Objectives
Commitments

The Arizona CWSRF program supports the National USEPA Strategic Plan Goal 2 (Clean and
Safe Water), Objective 2.2 (Protect Water Quality), Sub-objective 2.2.1 (Improve Water
Quality on a Watershed Basis). Specifically, Arizona established and is managing the
revolving loan fund to finance the cost of infrastructure improvements which will achieve or
maintain compliance with the Clean Water Act requirements. Arizona CWSRF activities
support USEPA Program Reporting Measure WQ-17 Fund Utilization.
All planned and prior year loans have assisted public wastewater systems in meeting the
federal and state clean water compliance requirements. Details of Arizona’s CWSRF activities
supporting the National USEPA Strategic Plan will be included in the CWSRF Annual Report
as well as in the Clean Water Benefit Reporting system (CBR) and the Clean Water National
Information Management System (CW NIMS) and the Federal Funding Accountability and
Transparency Act (FFATA) Reporting System.

The CWSRF Fund Utilization is calculated by dividing:
Cumulative $$$ in CWSRF Assistance Provided as of June 30, 2012
CWNIMS Line 110
---------------------------------------- by---------------------------------------- or -----------by----------Cumulative CWSRF Funds Available for Projects as of June 30, 2012
CWNIMS Line 283

Measure
WQ-17

Measure Text

National
Target

Fund utilization rate [cumulative loan agreement
dollars to the cumulative funds available for
projects] for the Clean Water State Revolving
Fund (CWSRF).

94.5%

14

Region 9 Arizona
Target
Target
95%

100%

Attachment E
CWSRF SFY 2012 Final Funding Tables
(Based on FFY 2011 Capitalization Grant)

B. Financial Status of the Arizona CWSRF
Total Cap Grant funds Received to Date
With Actual FFY 2011 Cap Grant

$226,694,673
$36,667,673

$9,973,000

(Replaces table on Page 1 of the SFY 2012 CWSRF IUP)

Final Arizona CWSRF Sources & Uses for FFY 2011 Funding Cycle
Arizona CWRF Sources & Uses for SFY 2012 (FFY 2011)
Federal
Contributions
Funding Sources
Estimated fund balance as of 7/1/2011
New funds expected in SFY 2012
Total Funding Sources
Funding Uses
Financial Assistance Loans
Clean Water Programs (ADEQ)
Technical Assistance
Administration
Forgivable Principal $924,157
(Minimum required by FFY 2011 Grant)
Green Infrastructure $1,994,600 (20%)
Total Funding Uses

WIFA
Revenues

WIFA
Loan Accounts

Total

$
$
$

- $ 1,909,400 $
9,973,000 $ 4,731,460 $
9,973,000 $ 6,640,860 $

46,540,980 $ 48,450,380
4,144,429 $ 18,848,889
50,685,409 $ 67,299,269

$

$

9,574,080 $ 1,994,600 $
$ 2,039,400
$ 357,500
398,920 $ 201,080

50,685,409 $ 62,254,089
$ 2,039,400
$
357,500
$
600,000

$

9,973,000 $ 4,592,580 $

50,685,409 $ 65,250,989

State match can be WIFA bond proceeds, WIFA CW fees or state general fund monies.
WIFA may sell water quality revenue bonds; proceeds will be used to increase WIFA's lending capacity

(Replaces Tables 1 and 2 on pages 4 & 5 of the SFY 2012 CWSRF IUP)

15