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SENATE APPROPRIATIONS COMMITTEE APPROVES STRONG FY ’18 FUNDING FOR CORPS OF ENGINEERS WITH FULL-USE OF ESTIMATED INLAND WATERWAYS TRUST FUND ANNUAL REVENUES Jul 24, 2017 - Yesterday, the Senate Appropriations Committee, led by Chairman Thad Cochran (R-MS) and Vice Chairman Patrick Leahy (D-VT), approved the FY 2018 Energy & Water Development (E&WD), and Related Agencies appropriations bill, significantly increasing funding in Fiscal Year 2018 for the U.S. Army Corps of Engineers’ Civil Works Program above the Administration’s budget proposal for FY18. The Corps’ overall funding level in the Senate bill is $6.2 billion, $190 million above the FY2017 enacted level and $1.2 billion above the President’s budget request. The bill: • Provides full-use of estimated annual revenues from the Inland Waterways Trust Fund (IWTF) for the fourth consecutive year that could fund priority projects if the Administration allocates funding in the Corps’ FY18 work plan. The President’s FY18 budget requested appropriations only for Olmsted at $175 million, the same level as the Senate. • Allocates a record $3.481 billion to Operations & Maintenance, which is $381.475 million more than the President’s FY18 budget request • Provides $1.703 billion, plus a rescission of $35 million from prior years, to the Construction account, which is $648.150 million more than the President’s FY18 request • Allocates $113.465 million to the Investigations account, which is $27.465 more than the President’s FY18 request • Hits the WRDA-set Harbor Maintenance Trust Fund target again at $1.34 billion • Provides $700 million above the President’s budget request for construction of river and harbor, flood storm damage reduction, shore protection, aquatic ecosystem restoration, and related projects authorized by law • Allocates $375 million to Mississippi River & Tributaries (MR&T), which is $122 million more than the President’s FY18 budget request
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