Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 8 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations › Appendices › Appendix 33-8-A Part 2A - FFY-2016 End-of Year Funds Report Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1, 2016

Current through June 25, 2024
FFY-2016 National Title I DWSRF Appropriation
							 (Actual Amount)
$855,381,000
* Mississippi's Allotment [section 1452(m)]
							 (FFY-2016 Grant - Actual Amount)
$8,607,000
FFY-2016 State Match Required (20% of Mississippi's
							 Allotment) (Actual)
+
$1,721,400
Total FFY-2015 Federal Allotment and Required
							 State Match
(Actual):
$10,328,400
2016 Funding (Federal and State)
(FFY-2015 Cap
				  Grant Funds were used in 2016)
**2015 Legislated State Match (Direct Appropriation
							 from Legislature-$1,200,000 reduced to $1,176,820.00)
+
$1,176,820
**2014 Emergency Fund remaining (The remainder of
							 the 2014 Emergency Fund transfer not used for State Match in
							 FFY2014)
+
$2,709
**2015 Emergency Funds transfer (Amount originally
							 estimated to be needed to supplement the State match, transferred from the
							 Emergency Fund for the FFY2015 Cap Grant)
+
$734,611
**2015 Emergency Funds transfer (Only $1,819,800 is
							 needed as match for the revised FFY2015 EPA Cap Grant ($9,099,000). The
							 available State match is reduced to show only the amount needed for the FFY2015
							 State match; $94,340 will remain as future State match funds.)
+
($94,340)
FFY-2015 Cap Grant (State Match = $1,819,800)
(EPA reduced the amount of the FFY-2015 Federal Cap
							 Grant $9,159,000 to $9,099,000 at award to comply with Federal debt reduction
							 requirements so a State match of only $1,819,800 was needed.)
+
$9,099,000
Total FFY-2015 Federal and State Funds
							 available in FFY-2016 for Loan Obligations & Set-asides:
$10,918,800
FFY-2015 Cap Grant Set-Asides
DWSRF Administrative Expenses [section 1452(g)(2) -
							 4%] (Used reserved amount from 2003)
+
$320,164
Small Systems Technical Assistance [section
							 1452(g)(2) - 2%]
+
$181,980
Local Assistance and Other State Program [section
							 1452(g)(2) - 15%] (taking ~5.2%)
+
$750,000
State Program Management [section 1452(g)(2)
							 -10%]
+
$909,900
Total FFY-2015 Cap Grant Set-Asides:
$2,162,044
Total Federal & State Funds Available in
							 FFY-2016 for Loan Obligation & Set-asides
$10,918,800
Less FFY-2015 Set-asides
-
($2,162,044)
Total Federal & State Funds Available in
							 FFY-2016 for Loan Obligation
$8,756,756
FFY-2016 DWSRF Funds (Actual)
Federal & State Funds available in FFY-2016 for
								Loan Obligation
+
$8,756,756
Unobligated Funds Carried Over from FFY-2015
+
$21,573,730
Loan Repayments Deposited to the Fund
								(Actual)
10/1/15 - 9//30/16
+
$13,103,177
Interest Deposited to the Fund (Actual)
10/1/15 - 9//30/16
+
$790,199
FFY-2016 Loan Decreases (Actual)
10/1/15 - 9//30/16
+
$3,634,673
FFY-2016 Loan Increases (Actual)
10/1/15 - 9//30/16
-
($1,725,513)
Funds Available for Loan Awards in FFY-2016
$49,584,048
Loan Awards made during FFY-2016 (14 Initial Loans
								for $26,106,196)
($26,106,196)
FFY-2016 Carryover Funds to
								FFY-2017
$23,477,852