The Army Corps of Engineers construction general account permits the Corps to enter into agreements with local governments and municipalities to reimburse these entities for certain funds. This allows cities across the country in both Republican and Democratic districts to take on public works projects and leverage the fact that they will later be reimbursed by the Federal Government. The problem we face today is that millions, hundreds of millions of dollars are owed to localities across the country, and the account to pay them back this year is slated to have only $10 million in it. Last year, that amount was $25 million. It has gone down by $15 million. So for just a second, I want to give you an example of a wonderful public project in my hometown of San Antonio, Texas. The San Antonio River Authority, or SARA, recently undertook a sizable project along the San Antonio River, called the Mission Reach Ecosystem Restoration project. It has been an effort to extend, both to the north and the south, the wonderful San Antonio River Walk in San Antonio, Texas, one of the crown jewels for tourism and culture in our city. Despite the fact that this project was completed sometime ago, the city is still owed much money from the Corps. This is just one example of a wonderful public project where the Federal Government owes our cities or local entities a substantial amount of money.…
Joaquin Castro: “The Army Corps of Engineers construction general account permits the Corps to enter into agreements with local…”
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