COLONIAS INFRASTRUCTURE BOARD Aug ugus ust 15, , 2016 1 - - PowerPoint PPT Presentation

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COLONIAS INFRASTRUCTURE BOARD Aug ugus ust 15, , 2016 1 - - PowerPoint PPT Presentation

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Presenta tati tion on to the New Mexico co Finance Author hority ty Legislative Oversight ht Commi mitt ttee COLONIAS INFRASTRUCTURE BOARD Aug ugus ust 15, , 2016 1 COLONIAS INFRASTRUCTURE ACT In adopting the Colonias

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SLIDE 1

COLONIAS INFRASTRUCTURE BOARD

Aug ugus ust 15, , 2016

Presenta tati tion

  • n to the

New Mexico co Finance Author hority ty Legislative Oversight ht Commi mitt ttee

1

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SLIDE 2

COLONIAS INFRASTRUCTURE ACT

 In adopting the Colonias Infrastructure Act (the “Act”, NMSA 1978,

Sections 6-30-1 – 6-30-8), the Legislature found that Colonias lack basic infrastructure, resulting in poor social, health and economic conditions.

 Definition of a qualified Colonia as defined in the Act: A rural

community with a population of 25,000 or less located within 150 miles of the United State-Mexico border that:

 Has been designated as a Colonia by the county or municipality due to:  Lack of potable water;  Lack of adequate sewage systems;  Lack of decent, safe and sanitary housing; and  Has been in existence as a Colonia prior to November 1990.

 There are 171 Colonias within the 12 southern-most counties in the

state.

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SLIDE 3

COLONIAS INFRASTRUCTURE BOARD

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Name me Represe esentin ting Doug Moore, Chair Minority Leader of the Senate Appointee Oscar Vasquez Butler, Vice Chair President Pro Tempore of the Senate Appointee

  • M. Keith Riddle, Secretary

Speaker of the House of Representatives Appointee Ryan Flynn, Treasurer Environment Department Robert P. Coalter New Mexico Finance Authority Mary Helen Garcia Minority Leader of the House of Representatives Appointee Duffy Rodriguez Department of Finance & Administration Jay Czar* New Mexico Mortgage Finance Authority Steve Kopelman* New Mexico Association of Counties Priscilla Lucero* Southwest Council of Governments Jay Armijo* South Central Council of Governments Dora Bautista* Southeastern Economic Development District Council of Governments *Advisory, non-voting members

The Act creates the Colonias Infrastructure Board (CIB), a 12-member Board comprised of seven voting members and five advisory, non-voting

  • members. Current members:
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SLIDE 4

COLONIAS INFRASTRUCTURE PROJECT FUND

 Colonias Infrastructure Project Fund (the “Fund”) is created within

the NMFA and annually receives an earmark of senior Severance Tax Bond (“STB”) proceeds held by the State Board of Finance.

 HB 236/aa from the 2015 Regular Session amended the STB Act to

phase in reductions to bonding capacity to increase the amount of severance tax receipts deposited in the severance tax permanent

  • fund. The bill contained provisions that lessened the impact of the

reduction by increasing the percentage of STB capacity dedicated to the Fund from 5% to 6.5% in FY 2016 and 5.5% thereafter.

 Pursuant to the Act, the NMFA may make loans and grant awards

from the Fund to qualified entities for projects prioritized by the CIB. Six types of projects may be funded:

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 Water Infrastructure  Wastewater infrastructure  Solid waste infrastructure  Housing infrastructure (pre-development)  Flood and drainage control  Road infrastructure

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SLIDE 5

COLONIAS INFRASTRUCTURE PROJECT FUND

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Year ear Applic icatio ions Receiv ived ed CIB Awar ards Made de Fede dera ral l Funds Levera raged ed Total tal Fundin ing Provi vided ed # # Amount

  • unt

# Amount

  • unt

Sources Amount

  • unt

2012 75 $40,360,527 39 $12,801,965 USDA, BECC & CDBG $13,141,403 $25,943,368 2013 59 $37,736,894 37 $16,640,461 USDA & CDBG $8,357,897 $24,998,358 2014 77 $40,351,172 37 $13,079,904 BECC & EPA $10,437,286 $23,517,190 2015 54 $38,154,397 28 $15,562,611 USDA, CDBG & DWSRF $7,916,095 $23,478,706 2016 36 $30,842,183 14 $11,958,068 USDA, EPA, BECC $5,366,034 $17,324,102 TOTAL 301 $187,44 ,445,173 155 $70,04 ,043,00 ,009 $45,2 ,218,7 ,715 $115,26 ,261,72 ,724

 The CIB uses comprehensive Project Management Policies and

Selection Criteria for prioritizing projects to be funded by the NMFA

 To the greatest extent possible, the CIB leverages federal funds

to complete projects

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SLIDE 6

Bernalillo San Juan Rio Arriba Taos Colfax Union McKinley Cibola San Miguel Harding Mora Sandoval Quay Guadalupe Torrance Curry De Baca Roosevelt Chaves Lincoln Socorro Eddy Lea Otero Doña Ana Sierra Luna Grant Hidalgo Los Alamos Catron

Valencia

Santa Fe

Colonias Infrastructure Project Fund Awards 2012 - 2016

Since 2012, 136 designated Colonias have been approved for 155 funding awards totaling more than $70 million

2 Prepared by NMFA Staff June 2016 9 5 10 59 28 1 10 10 17 2 2

County # of Awar ards Amount

  • unt

Catron 5 $ 2,609,017 Chaves 2 $ 981,845 Doña Ana 59 $ 24,937,331 Eddy 10 $ 3,889,692 Grant 28 $ 13,340,117 Hidalgo 10 $ 4,456,354 Lea 1 $ 320,602 Lincoln 10 $ 7,406,745 Luna 9 $ 3,583,598 Otero 17 $ 6,913,708 Sierra 2 $ 1,500,000 Socorro 2 $ 104,000 Total tal 155 $ 70,04 ,043,00 ,009

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SLIDE 7

UPDATE ON CIB’S FY 2016 ACTIVITIES

 Board Task Force worked with staff to identify reasons behind slow

pace of expenditures and make policy recommendations to ensure increased pace of spending

 CIB’s Policy Committee reviewed Policies and Project Selection

Criteria

 CIB’s Project Review Committee focused on project compliance  Application process:  Focused on Applicants that have demonstrated ability to timely

expend prior awards

 Included Project Presentations from Applicants for first time

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SLIDE 8

CIB POLICY AMENDMENTS

 The CIB is considering minor amendments to its Project

Management Policies and Project Selection Criteria to:

 Increase focus on public health threats  Provide clarity on “project urgency” and “regionalization”  Ensure project readiness and timely project completion  The CIB considered the proposed amendments at its July

12th meeting and the policies have been posted for a 30-day public review (ends August 24th)

 Final recommendations will be considered at its October 6th

Meeting

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SLIDE 9

UPDATE ON NMFA ACTIVITIES

 Increased staff dedicated to Colonias:

 Provides greater outreach to communities;  Provides greater oversight of projects;  Increases pace of project expenditures;  Accelerates closing process; and  Provides greater support to Board;

 For FY 2017:

 On-line application process

 December 1, 2016 – January 13, 2017 (training provided in October)

 Continued use of Colonias@nmfa.net ensures greater

response time to client questions or concerns

 Alignment of Colonias and Water Trust Board processes

provides client communities with greater predictability

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SLIDE 10

FOCUS ON EXPENDITURES

$0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000

FY 2013 Q4 FY 2014 FY 2015 FY 2016 2015 Awards 2014 Awards 2013 Awards 2012 Awards Year of Expenditures Amounts Drawn

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SLIDE 11

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Colonias Cycle Awarded # Pending # Secured # Open % of Funds Expended Open Projects % Projects Completed 2012 2012 $12,801,965 39 39 $0 $0 $12,801,965 39 39 $214,720 98% 5 87% 2013 2013 $16,640,461 37 37 $0 $0 $16,640,461 37 37 $3,516,910 79% 24 24 35% 2014 2014 $13,079,904 37 37 $0 $0 $12,719,872 37 37 $8,216,867 37% 32 32 14% 2015 2015 $15,562,611 28 28 $848,526 1 $14,714,085 27 27 $14,701,412 6% 27 27 4% 2016 2016 $11,958,068 14 14 $11,958,068 14 14 $0 $0 $11,958,068 0% 14 14 0% TOTAL $70,043,009 155 155 $12,806,594 15 15 $56,876,383 140 140 $38,607,977 45% 102 102 34%  Awards made in June of each funding year  Board and staff are focused on increased pace of spending  Projects not timely expending prior awards were bypassed in 2016  22 projects from 2012 cycle were completed in FY 2016 – 10 in 4th

quarter alone

FOCUS ON EXPENDITURES

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SLIDE 12

COLONIAS CONTACTS

 Angela

a Quint ntan ana, a, NMFA A Senior Program m Ad Admini nistr strat ator

  • r – Primar

ary Pro roject ect Contact act

 Zach

h Thoma mas, s, NMFA A Senior

  • r Water Resour
  • urces

ces Ad Admin inist strat ator

  • r - Primar

ary y Policy cy Contact act

 Jim Perry, NMFA

A Senior Program m Ad Admi mini nistr strat ator

  • r – Primar

ary y Contact act for Requis isiti ition

  • ns

 Charlott

tte e Larragoi

  • ite,

e, Senior

  • r Ad

Admin inist strat ativ ive e Assista istant nt - Boar ard Ad Admin inis istrat trator

  • r

 Rober

ert t Coalter, NMFA CEO

 Marqu

quit ita Russel, sel, NMFA A Chief ef of Programs ms

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For furthe ther r in informati mation

  • n and/

d/or assis istance ce pl plea ease e cont ntact act a C a Coloni

  • nias

as Adm dmin inis istra trator

  • r at

at: Coloni

  • nias@nmf

@nmfa.net .net

  • r 505

05-98 984-1454 454