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provide federal regulatory certainty. HB 1346 requires the Board to adopt criteria and guidelines <br />regarding its implementation of this spending authority prior to any expenditures of the funds. <br />Proposed Financial Policy 19 sets forth: (1) a list of the types of costs that the Board will <br />consider for expenditures of the funds; (2) a list of the information that staff will provide to the <br />Board in connection with requests for expenditures of the funds; (3) a proposed prioritization of <br />requests for expenditures of the funds; and (4) for leases of water for ISF use, a proposed method <br />of calculating compensation based upon the use of the water after the lease term. <br />Attachments <br />