Return On Federal Dollar
Over the past two decades, the CWSRF has financed $2.31 in infrastructure projects for every $1 invested by the federal government, providing a remarkable return on federal investment (See Figure 5).
EPA has projected that over a twenty-year time horizon, the initial federal investment into the CWSRF can result in the construction of up to three to four times as many projects compared to programs that utilize a one-time federal grant, depending on the allocation of resources to the program.
Due to the income stream into the program from state match, loan repayments, interest earnings, investment earning, and bond proceeds from leveraging, the return on every federal dollar investment to the CWSRF is currently $2.31.
Read more about this topic: Clean Water State Revolving Fund
Famous quotes containing the words return, federal and/or dollar:
“Were not ten made clean? But the other nine, where are they? Was none of them found to return and give praise to God except this foreigner?”
—Bible: New Testament, Luke 17:17,18.
Jesus, after healing ten lepers.
“If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldn’t be here. It’d still be waiting for an environmental impact statement.”
—Ronald Reagan (b. 1911)
“Your Dollar is your only Word,
The wrath of it your only fear.
“You build it altars tall enough
To make you see, but your are blind;
You cannot leave it long enough
To look before you or behind.”
—Edwin Arlington Robinson (1869–1935)