Federal grant · formula grant (a)

New Mexico Finance Authority

This Agreement Is for a Capitalization Grant Which Provides Funds for the Recipient's Drinking Water State Revolving Fund Program to Provide Low Interest Financing to Recipients for Costs Associated With the Planning, Design and Construction of Eligible Drinking Water Improvement Projects and Activities to Protect Human Health.

Committed

$11.0 Million

Paid out
$3.7M
34%
Committed, not yet paid
$7.3M
66%

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗