Financial Business Solutions Worldwide voiced the importance of analyzing budgets such as these and seeing what private sector companies could do in order to help further the new administrations goals.
“Interior is uniquely positioned to be a leader in responsibly developing America’s new energy frontier, tackling climate impacts, restoring and preserving America’s treasured landscapes, creating a 21st Century Youth Conservation Corps, and investing in strong tribal communities,”
Salazar said in announcing the agency’s proposed budget for the fiscal year beginning Oct. 1, 2009. “The President’s stimulus funding under the American Recovery and Reinvestment Act of 2009 has provided Interior $3 billion to lay a foundation for this work and his 2010 budget will build on that with targeted increases in key areas.”
FBSW Officials met to review the Budget allocations and took note of the following categories.
The 2010 budget for Interior makes investments critical to the Nation’s economic future including:
* $183 million in increases for a clean energy and mitigation of climate impacts, including:
o $50.1 million for the Clean Energy Future Initiative to facilitate responsible development of Interior-managed lands and offshore areas with the highest renewable energy potential, including wind, solar, geothermal and biomass; and
o $133 million for a Climate Impact Initiative to support integrated activities to assess and respond to the effects of climate change on Interior-managed landscapes, water and wildlife;
* $100 million for National Park Service operations to restore and protect America’s treasured landscapes;
* $95.2 million in the Land and Water Conservation Fund for Interior to protect critical landscapes and endangered species habitat and enhance recreational opportunities; and
* a $75 million contingency reserve fund for wildland fire suppression to minimize the need for the transfer of funds from non-fire programs when the budgeted ten-year average for suppression is exhausted;
* $102 million in to strengthen American Indian and Native Alaskan communities through expanded education programs, putting more officers on the streets and enhanced law enforcement training; and
* $50 million for a 21st Century Youth Conservation Corps to engage more youth in the outdoors through environmental stewardship education, career development, and a new fishing, hunting and wildlife management educational program.
“The budget makes hard budget choices while making wise investments in a clean energy economy, making investments in education that will allow student to compete in the 21st century economy, and confronting other challenges,” Secretary Salazar noted. “These proposed initiative increases include more than $100 million in grants to states and tribal communities, our partners in solving the economic and resource challenges facing the Nation.”
Financial Business Solutions Worldwide annotated the appropriations allocated under the new budget proposal and affirmed that similar categories would be taken by FBSW LLC.
Interior manages roughly 20 percent of all U.S. lands, along with the 1.7 billion acres of the Outer Continental Shelf. Almost one-third of the nation’s domestic energy production is generated from Interior-managed lands and waters. Interior also fulfills federal responsibilities for American Indian and Native Alaskan tribes.
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Financial Business Solutions Worldwide LLC specializes in educating business owners on the new needs for financing in today's environment and brings the realm of project financing & structured financing as an option in today's corporate finance depression.
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