FEDERAL
AGENCY:
OFFICE
OF THE CHIEF OF ENGINEERS, DEPARTMENT OF THE ARMY, DEPARTMENT OF
DEFENSE
AUTHORIZATION:
Flood
Control Act of 1941, as amended, Public Law 83-228; Flood Control
Act of 1946, as amended, Public Law 83-526, Public Law 83-60; Flood
Control Act of 1954, Public Law 83-780, 33 U.S.C. 701C- 3.
To
compensate local taxing units for the loss of taxes from federally
acquired lands, 75 percent of all monies received or deposited in
the Treasury during any fiscal year for the account of leasing of
lands acquired by the United States for flood control, navigation
and allied purposes, including the development of hydroelectric
power, are paid at the end of each year to the States in which such
property is situated.
TYPES
OF ASSISTANCE:
Formula Grants.
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USES
AND USE RESTRICTIONS:
Funds
are to be expended as the State legislature may prescribe for the
benefit of public schools and public roads of the county in which
property is located, or for defraying of the expenses of the county
government, including public obligations of levees and drainage
districts for flood control and drainage improvements.
ELIGIBILITY
REQUIREMENTS:
Applicant
Eligibility: State government in which lands
have been Federally acquired for purposes defined under Objectives.
Beneficiary
Eligibility: State and county government being
compensated and their residents.
Credentials/Documentation:
Districts report to CERM-F by State and county the amounts collected.
This program is excluded from coverage under OMB Circular No.
A-87.
APPLICATION
AND AWARD PROCESS:
Pre-application
Coordination: None. This program is excluded
from coverage under E.O. 12372 and OMB Circular No. A-102.
Application
Procedure: Automatic distribution is made
as authorized by 33 U.S.C. 701c-3. No application is necessary.
This program is excluded from coverage under OMB Circular No.
A-110.
Award
Procedure: Not applicable.
Deadlines:
None.
Range
of Approval/Disapproval Time: Not applicable.
Appeals:
Not applicable.
Renewals:
Not applicable.
SSISTANCE
CONSIDERATIONS:
Formula
and Matching Requirements: When property is
situated in more than one State or county, the distributive share
to each from the proceeds of such property shall be proportional
to its area therein. There are no matching requirements.
Length
and Time Phasing of Assistance: Not applicable.
POST
ASSISTANCE REQUIREMENTS:
Reports:
None.
Audits:
None.
Records:
None.
FINANCIAL
INFORMATION:
Account
Identification: 96-9921-0-2-999.
Obligations:
(Grants) FY 01 $5,124,521; FY 02 est $5,000,000; and FY 03 est
$0.
Range
and Average of Financial Assistance: Not applicable.
PROGRAM
ACCOMPLISHMENTS:
Not applicable.
REGULATIONS,
GUIDELINES, AND LITERATURE:
Not applicable.
INFORMATION
CONTACTS:
Regional
or Local Office: None.
Headquarters
Office: Headquarters, U.S. Army Corps of Engineers,
Attn: CERM-FC., 20 Massachusetts Avenue, NW., Washington, DC 20314-1000.
Telephone: (202) 272-1931. FTS is not available.
Web
Site Address: http://www.usace.army.mil/business.html
EXAMPLES
OF FUNDED PROJECTS:
Not applicable.
CRITERIA
FOR SELECTING PROPOSALS:
Not applicable.
