The Mississippi Department of Environmental Quality (MDEQ) announces Mississippi’s initial $49.8 million State Expenditure Plan has been approved by the Gulf Coast Ecosystem Restoration Council (RESTORE Council). The Mississippi State Expenditure Plan describes projects and programs which Mississippi will fund under the Oil Spill Impact Component of the Resources and Ecosystems Sustainability, Tourist Opportunities and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act).
The RESTORE Act provides that 80% of the civil penalties recovered as a result of the Deepwater Horizon oil spill be directed to the Gulf Coast Restoration Trust Fund (Trust Fund) to be used by the five Gulf Coast states to restore and protect the environment and economy in the Gulf Coast region. Monies in the Trust Fund are distributed to five different components, one of which is the Oil Spill Impact Component, also referred to as Bucket 3. This component requires Mississippi, through MDEQ, to prepare a State Expenditure Plan (SEP) describing each activity, project or program for which Mississippi seeks funding under Bucket 3 and accounts for 30% of the funds directed to the Trust Fund. Mississippi, as determined by the Oil Spill Impact Formula described in the RESTORE Act, will receive 19.07% of the 30% allocation in Bucket 3.
The projects and programs identified for funding in this plan include: the Mississippi Gulf Coast Water Quality Improvement Program ($45 million), Pascagoula Oyster Reef Complex Relay and Enhancement ($3.5 million) and Compatibility, Coordination, and Restoration Planning ($1.3 million).
Click here to review Mississippi State Expenditure Plan .
A five-phase process was approved to develop Mississippi’s SEP. To review a summary of Mississippi’s planning process for the development of the SEP, please Click Here