State of Delaware Water Pollution Control Revolving Loan Fund FY22-FY23 Financial Statement Audit

… as created by the State of Delaware Legislature in 1990. The Fund provides below market rate interest rate loans and grants to municipalities, private organizations, nonprofit organizations, individuals, and other qualifying applicants of the …

… ects that will improve water quality under the United States Environmental Protection Agency’s (“EPA”) Capitalization Grants for Clean Water State Revolving Funds federal assistance program. The federal capitalization grants require the State …

… ”) Capitalization Grants for Clean Water State Revolving Funds federal assistance program. The federal capitalization grants require the State to provide matching funds equal to 20% of federal funds received. …

… nds received. During fiscal year ended June 30, 2023, the Fund received additional grants funded by the Infrastructure Investment and Jobs Act (IIJA) which to provides funds for the Clean Water State Revolvin …

… l funds from IIJA in the amount of $459,000 for the Emerging Containments and $8,738,000 for the General Supplemental grants. No amounts were expended under these grants at June 30, 2023. State of Delaware Delaware Water Pollution Control Rev …

… for the Emerging Containments and $8,738,000 for the General Supplemental grants. No amounts were expended under these grants at June 30, 2023. State of Delaware Delaware Water Pollution Control Revolving Loan Fund Dover, Delaware ********** …

… 4 from the U.S. Environmental Protection Agency (EPA). As of June 30, 2023, DNREC has received Federal Capitalization Grants in an aggregate amount of $276,051,510 since the inception of the Fund. As of June 30, 2023, the State of Delaware ha …

… was $328,287,794 since the inception of the Fund. During fiscal year ended June 30, 2023, the Fund received additional grants funded by the Infrastructure Investment and Jobs Act which provides funds for the Clean Water State Revolving Fund pro …