Exxon Valdez Oil Spill Trustee Council
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Restoration Plan

The Trustee Council adopted a Restoration Plan for the civil settlement funds in 1994 after an extensive public process. More than 2,000 people participated in the meetings or sent in written comments.  

Reimbursements:       $216.4 million
As part of the settlement agreement, $173.2 million went to reimburse the federal and state governments for costs incurred conducting spill response, damage assessment, and litigation. Another $39.9 million went to reimburse Exxon for cleanup work that took place after the civil settlement was reached.   

The remaining funds were dedicated to implementation of the Restoration Plan, which consists of four parts:  

Research, Monitoring, & General Restoration:        $178.0 million  
Surveys and other monitoring of fish and wildlife in the spill region provide basic information to determine population trends, productivity, and health. Research increases our knowledge about the biological needs of individual species and how each contributes to the Gulf of Alaska ecosystem. Research also provides new information and better tools for effective management of fish and wildlife populations.  

General Restoration includes projects to protect archaeological resources, improve subsistence resources, enhance salmon streams, reduce marine pollution, and restore damaged habitats.  

Habitat Protection:        $374.8 million   
Protection of habitat helps prevent additional injury to species due to intrusive development or loss of habitat. The Trustee Council accomplishes this by providing funds to government agencies to acquire title or conservation easements on land important for its restoration value.  

Restoration Reserve:        $145.1 million   
This savings account was established in recognition that full recovery from the oil spill would not occur for decades. The investment fund supports long-term restoration activities after the final payment from Exxon was received. 

Public Information, Science Management & Administration:        $42.3 million  
This component of the budget includes management of the annual work plan and habitat programs, scientific oversight of research, monitoring and restoration projects, agency coordination, and overall administrative costs. It also includes the cost of public meetings, newsletters, and other means of disseminating information to the public such as this website.

Uses of the civil settlement 
*All figures in millions of dollars
 
Total Revenue
996.1
Exxon Payments
Interest/Earnings (Minus Fees Plus Recoveries)
900.8
95.3
Reimbursements for Damage Assessments and Response
216.4
Governments (includes litigation and cleanup) (a)
Exxon (for cleanup after 1/1/92)
176.5
39.9
Research, Monitoring, & General Restoration
246.0
FFY 1992 - FFY 2001 Work Plans &
     Annual Program Development & Implementation (APDI)
FFY 2003 - FFY 2007 Work Plans & APDI
FFY 2008 - FFY 2011 Work Plans & APDI
Infrastructure Improvements - Alaska SeaLife Center
Archaeological Repository/Exhibits
Reduction of Marine Pollution
Port Graham Hatchery 
Kenai River Restoration & Recreation Enhancement
 
158.3
 21.2
 31.2
 24.9
  1.8
  5.7
  0.8
  2.1
Habitat Protection and Acquisition 
375.4
    Due Diligence Activities
    Large Parcel Acquisition
    Small Parcel Acquisition
4.4
347.9
23.1
Investment Trust Fund Balance as of 9/30/10
172.6
Research Investment Sub-Account
Habitat Investment Sub-Account
Koniag Investment Sub-Account
95.8
31.9
44.9