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Intended Use Plan for FY-2012 - Water Resources Board - State of ...

Intended Use Plan for FY-2012 - Water Resources Board - State of ...

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J.D. STRONGEXECUTIVE DIRECTORmARY FALLINGOVERNORSTATE OF OKLAHOMAWATER RESOURCES BOARDThe Financial Assistance Division <strong>of</strong> the Oklahoma <strong>Water</strong> <strong>Resources</strong> <strong>Board</strong> is dedicated toassisting communities and rural water districts in maintaining adequate water and wastewaterfacilities. Since 1983, we have provided approximately 60% <strong>of</strong> all the financing <strong>for</strong> Oklahoma’swater and wastewater infrastructure needs. To date we have funded over $2.4 billion dollarswith our loan and grant programs, which in turn leads to an interest savings <strong>of</strong> over $850million <strong>for</strong> our communities and rural water districts. With dual goals <strong>of</strong> maintaining soundfinancing and environmental protection, the Financial Assistance Division is proud <strong>of</strong> ournatural AAA ratings on all <strong>of</strong> our bond issues and our use <strong>of</strong> innovative methods to meetOklahoma’s infrastructure needs.As we move into <strong>FY</strong> <strong>2012</strong>, we will continue to fund traditional water and wastewater projectsbut again have the opportunity to fund green infrastructure, water/energy efficiency, andinnovative green projects. We look <strong>for</strong>ward to continuing our role in helping Oklahoma buildits future!Sincerely,Joe Freeman, ChiefFinancial Assistance Division7

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