The following video is an edited version of Tiffany Couch’s 4th report on the CRC project highlighting the cost, expenses, and where the money is coming from.
Tiffany clarifies the $500 million of Federal funding that was available for nationwide projects and that the CRC is asking for $400 million of it. Literally competing with other Washington state projects for the same funds.
Tiffany goes on to say that these Federal discretionary funds have gone away and that the CRC is hoping that the money will become available by the time the project is completed. Simply put, it is wishful thinking on the part of the CRC to base a project budget on the hopes that money will be available by the time the project is finished.