Tribal Infrastructure Fund Expenditures P R ES E N T E D BY T H E - - PowerPoint PPT Presentation

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Jan 14, 2023 222 likes •314 views

Tribal Infrastructure Fund Expenditures P R ES E N T E D BY T H E I N D I A N A F FA I RS D E PA RT M E N T Indian Affairs Committee Meeting August 20, 2018 TIF Funding Fiscal Year of Award Amount of STB Award FY2012 (Closed)

SLIDE 1

Tribal Infrastructure Fund Expenditures

P R ES E N T E D BY T H E I N D I A N A F FA I RS D E PA RT M E N T

Indian Affairs Committee Meeting August 20, 2018

SLIDE 2

TIF Funding

Fiscal Year of Award Amount of STB Award FY2012 (Closed) $13,207,965.00 FY2013 (Closed) $16,640,011.00 FY2014 (Closed) $14,235,640.00 FY2015 $14,000,875.00 FY2016 $12,158,068.00 FY2017 $5,222,482.95 FY2018 (No expenditures) $8,831,925.00

SLIDE 3

FY 2018 TIF Funding

Fifty-eight (58) TIF Applications were received for this year’s funding cycle Seventeen (17) Tribes, Nations and Pueblos applied for TIF Funding Nine (9) were selected to present their proposal before the TIF Board on May 29, 2018

SLIDE 4

TIF Project Awards

TRIBAL ENTITY PROJECT TITLE PROJECT TYPE TIF AWARD Isleta Pueblo Village Sewer Line Improvement Project Construction $1,241,847.00 Mexican Springs Chapter Deer Springs Road Improvement Construction $1,139,627.00 Zia Pueblo Wastewater Lagoon Expansion Design $200,000.00 Baca Chapter Water System Improvement Construction $311,350.00 Casamero Lake Chapter McKinley County Road 19 Construction $1,209,101.00 Tohajiilee Chapter Water System Improvement Construction $1,320,000.00 Jemez Pueblo Water Improvement Construction $1,320,000.00 Santa Clara Pueblo Water and Wastewater System Improvement Construction $770,000.00 Tesuque Pueblo Wastewater Expansion Construction $1,320,000.00

SLIDE 5

TIF Board Members

9 voting members

Board Chair - Secretary Suzette A. Shije
Debbie Romero, DFA
Aiko Allen, DOH
Zach Dillenback, NMFA
Judi Kahl, NMED
Perry Martinez, Pueblo of San Ildefonso
Governor Appointee from Jicarilla
Governor Appointee from Mescalero
Governor Appointee from Navajo

4 non-voting members

Representative from BIA Albuquerque
Representative from BIA Navajo
Representative from IHS Albuquerque
Representative from IHS Navajo

SLIDE 6

NMFA Involvement in TIF

NMFA holds one of nine voting positions on the board:

NMFA brings Industry financial expertise to the table:
Financial risk analysis
Industry knowledge of bonding processes, laws and practices
Loan expertise
NMFA contributes to the assessment of the financial viability of

projects, as opposed to having institutional knowledge with respect to specific needs and challenges in native communities

SLIDE 7

Thank You.

Suzette A. Shije, Acting Cabinet Secretary Suzette.Shije@state.nm.us Jared Stensrud, General Counsel Jared.Stenrud@state.nm.us Lawrence John, Tribal Infrastructure Fund Administrator Lawrence.John@state.nm.us