Bills To Save Libraries, Local Governments Money Governor George E. Pataki today announced he has proposed two pieces of legislation designed to save taxpayers money by reducing library construction costs and continuing the state's support of clean water projects by local governments. The first piece of legislation would authorize every public and association library to use the Dormitory Authority to finance and construct capital improvements, allowing them to use the Authority's expertise in the financing and construction of capital improvements that many libraries lack. Libraries that elect to use the Dormitory Authority's services would still be required to seek voter approval.
Clean water is one of the most important resources in any community.
Not only does the program clean water, but it creates jobs in the process. The Clean Water State Revolving Fund is funded through Federal capitalization grants pursuant to the Federal Water Quality Act of 1987, and requires State matching funds equal to 20 percent of the Federal capitalization grants. The allocation is invested, and the interest earned on it provides the contribution for the municipalities.