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We Did That [Chesapeake and Atlantic Coastal Bays Trust Fund]

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Published on Sep 25, 2012

Leaders throughout Maryland and the Chesapeake Bay watershed are at a critical point in efforts to protect and restore one of the most remarkable and productive natural resources in the world.

Background and Objective

In 2007, State leaders in Maryland took a bold step in their efforts to restore the Chesapeake Bay with the creation of the Chesapeake and Atlantic Coastal Bays Trust Fund (Trust Fund). The Trust Fund allows Maryland to accelerate Bay restoration by focusing limited financial resources on the most effective non-point source pollution control projects. Dollars for the Trust Fund are generated through motor fuel tax and rental car tax in Maryland. It is anticipated that when fully-funded, the Trust Fund will generate $50M annually.

Trust Fund to Date

The Chesapeake and Atlantic Coastal Bays Trust Fund is one of the region's most important funding tools targeting water quality, and watershed restoration and protection projects to reduce non point source pollution. The goal of BayStat each year is to identify projects and develop a work plan designed to maximize the Trust Fund's environmental return on investment, thereby serving as a model of restoration financing efficiency and effectiveness critical to achieving the goals under EPA's Total Maximum Daily Load (TMDL) requirements within the State's Watershed Implementation Plan (WIP). These investments also create green jobs, and provide habitat, mitigate flood hazards, and prevent soil erosion.

Between Fiscal Year 2009-12 the State has provided $63.1 Million dollars generated through motor fuel excise tax and rental car tax in Maryland to accelerate Bay restoration by focusing limited financial resources on the most effective non-point source pollution control projects. FY 2009-12 Highlights include:
From Fiscal Year 2009-12, the Trust Fund prevented 3.56 million lbs of Nitrogen, 335,000 lbs of Phosphorus, and 478 tons of Sediment from annually harming the Bay.
From Fiscal Year 2009-12, the Trust Fund provided $3.48M to support 16 Soil Conservation District positions critical to the implementation of agricultural best management practices as identified in the State and local WIPs.
From Fiscal Year 2009-12, the Trust Fund leveraged $86M of Federal, State and Local funds to support Chesapeake Bay clean up efforts.

For more, go to:
http://dnr.maryland.gov/ccp/funding/t...

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