On February 27th, Les Knapp testified in support of SB 877 Waterway Improvement Fund – Public Boating Construction Projects – Financing Limits.
This bill would increase the maximum cost of public boating construction projects that can be wholly financed through the Waterway Improvement Fund from $100,000 to $250,000.
From the MACo Testimony:
The repeal of the 50% contribution cap allows counties with fewer resources to more easily access the Fund for worthy public boating projects. Increasing the maximum contribution from $100,000 to $250,000 is needed in recognition of rising construction costs. The current $100,000 limit now causes many projects to be delayed or even canceled due to the need for additional local funding.
SB 877 provides a needed update to the Waterway Improvement Fund that would allow a local government to better utilize the Fund for public boating projects while not creating a new fiscal burden for the State.
For more on 2019 MACo legislation, visit the Legislative Database.