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Appendix E

Part 1. Program and Institutional Framework

  1. Under what State authority was your SIB program established (new legislation, existing legislation, etc.)? Are there changes in legislation that are needed to enhance the effectiveness or efficiency of the SIB?


  2. What are the State's goals for the SIB program?


  3. Describe the administration of the SIB. Where is the SIB placed within the State? What staff resources support the program? Is the SIB funding administrative costs?


  4. What types of financial assistance is the SIB authorized to provide?


  5. What types of entities are eligible to receive financial assistance? Are both highway, transit, or other facilities eligible?


  6. Is the SIB authorized to issue debt?


  7. Have you established formal policies and procedures for administration of the SIB? Is there a Board of Directors or Advisory Committee or other oversight entity?

Part 2. Loan Parameters

In the following questions, please identify the approving/establishing authority as appropriate, (e.g., who decides what interest rate to assign a project loan.)

1. How are loan rates and terms determined?
2. Have you established maximum loan terms? If yes, describe. [ ] Yes [ ] No
3. Are loan rates subsidized? [ ] Yes [ ] No
4. Are payment deferrals allowed?
5. Are refinancings permitted?
6. Do prepayment provisions involve penalties? [ ] Yes [ ] No
7. Are there matching requirements for loans?
8. Are there minimum/maximum loan amounts?
9. What repayment structures have been established (monthly, semiannual, or yearly)?
10. Are other forms of financial assistance available to applicants, such as financial expertise, accounting, annual report preparation, etc.?

Part 3. Application and Selection Process

1. Have you established a formal application and selection process for the award of SIB financial assistance? If yes, briefly describe the process in the space provided (or attach application/selection documents). [ ] Yes [ ] No
2. How frequently are project applications solicited?
3. How is credit risk assessed?
4. How is credit risk assessed?
5. What selection criteria have been established to evaluate projects? Have any minimum threshold criteria been established? Are weights assigned to the criteria?
6. What is the project selection ratio? (i.e., number of acceptances/number of applications)
7. What types of projects are eligible for financial assistance? Are any types of projects or phases of projects ineligible for assistance?
8. Is there a minimum project cost to be eligible for SIB assistance? [ ] Yes [ ] No
9. Have you implemented standard loan agreements? [ ] Yes [ ] No
10. Describe application fees, if any.

Part 4. Financial Structure and Policies

1. Please describe the accounting structure for your SIB Program. What internal controls have been established?
2. Does State law or SIB policy prescribe any minimum balance to be maintained in the SIB? If yes, what is the minimum balance? [ ] Yes [ ] No
3. In the event of borrower default, does the State have authority to intercept distributions of State revenues to the government borrower? [ ] Yes [ ] No
4. What financial and/or accounting software is used by the SIB? Was new software developed or was existing software modified?
5. What types of financial reports have been developed to monitor the financial status of the SIB? How frequently are financial reports issued (daily, monthly, quarterly, or annually)?
6. Is an annual financial audit conducted? By whom? [ ] Yes [ ] No
7. Describe the cash investment policy.
8. What financial management improvements are planned, if any?
9. What types of Federal assistance could better assist the SIB with its operations or policies?

Part 5. Loan Monitoring

  1. Describe loan monitoring procedures.

  2. What are the remedies in the event of default?

Part 6. Financial Status

  1. What is the current level of Federal capitalization? State Capitalization? Other?

  2. What increases, if any, in capitalization are planned and from what sources? Are there plans to issue bonds to capitalize the SIB?

  3. How are reserve requirements determined? Is the requirement based on loans outstanding ($value) for example?
  4. 4. As of June 30, 2000, what was the cash balance of the SIB?

Part 7. Outreach



How does the State market or promote the SIB (e.g., brochures, workshops)? What kinds of groups has the State tried to reach (local governments, non-profit or private entities)
Do you have or plan to have a SIB web site? What is it? [ ] Yes [ ] No

Respondent Profile

Name: ______________________________

Title:________________________________

Agency:_____________________________

Phone:______________________________

Fax:________________________________

E-mail:______________________________

Date:_______________________________

 

 

 

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