Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 13 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations - DW SRF Lead Service Line Replacement Intended Use Plan › Appendices › Appendix 33-13-A - DRINKING WATER SYSTEMS IMPROVEMENTS REVOLVING LOAN FUND PROGRAM ANTICIPATED FUNDS REPORT - July 1, 2023

Current through June 25, 2024
FFY-2023 (OCT. 1, 2022 - SEPT. 30, 2023)
FFY-2023 Funding (Federal and
								State)
National Title I DWSRF Appropriation -
								Mississippi's Allotment (w $107,000 Wyoming Reallotment)
+
$6,291,000
State Match Required (20% of Mississippi's
								Allotment)
+
$1,258,200
BIL 2023 SRF Supplemental Allotment
+
$26,368,000
State Match Required (10% of Mississippi's
								Allotment)
+
$2,636,800
2023 Capitalization Grant for DWSRF w BIL
								Supplemental
=
$36,554,000
State Match Status
State Match Required
+
$3,895,000
2023 Legislated State Match (HB1626 $4,300,000 plus
								2022 State Match Carryover ($1,004,400))
-
$5,304,400
Remaining State Match Required
=
($1,409,400)
2023 Cap Grant Set-Asides
DWSRF Administrative Expenses [SDWA Sec. 1452(g)(2)
								- 4%]
+
$380,492
Small Systems Technical Assistance [SDWA Sec.
								1452(g)(2) - 2%]
+
$112,407
Local Assistance and Other State Program [SDWA Sec.
								1452(k)(2) - 15%]
+
$629,100
State Program Management [SDWA Sec. 1452(g)(2)
								-10%]
+
$554,266
BIL Administrative Expenses [SDWA Sec. 1452(g)(2) -
								4%]
+
$549,199
BIL Small Systems Technical Assistance [SDWA Sec.
								1452(g)(2) - 2%]
+
$77,425
BIL Local Assistance and Other State Program [SDWA
								Sec. 1452(k)(2) - 15%]
+
$2,636,800
BIL State Program Management [SDWA Sec. 1452(g)(2)
								-10%]
+
$1,059,544
Total 2022 Cap Grant Set-Asides
=
$5,034,031
2023 Cap Grant Funds Available for Loan
								Obligation
2023 DWSRF Capitalization & BIL Supplemental
								Grants
+
$36,554,000
2023 Cap Grant Set-asides
-
($1,676,265)
2023 BIL Supplemental Set-asides
-
($4,322,968)
Total Cap Grant Funds Available for Loan
								Obligation
=
$30,554,767
FFY-2023 Funds Anticipated to be Available
								for Loan Awards
2023 Cap Grant Federal and State Funds Anticipated
								to be Available for Loan Obligation
+
$30,554,767
Unobligated Funds Carried Over from FFY-2022
+
$8,935,003.90
Loan Repayments (P&I) Deposited to the Fund
								(Actual)
10/01/22 - 06/30/23
+
$11,161,609.58
Interest Earned on Deposits to the Fund
								(Actual)
10/01/22 - 06/30/23
+
$1,529,989.74
Loan Repayments To Be Deposited
								(Anticipated)
07/01/23 - 09/30/23
+
$4,874,102.05
Interest on Fund To Be Deposited
								(Anticipated)
07/01/23 - 09/30/23
+
$208,819.52
FFY2023 Loan Decreases (Actual)
10/01/22 - 06/30/23
+
$11,162,357.00
FFY2023 Loan Increases (Actual)
10/01/22 - 06/30/23
+
($7,736,244.00)
Loan Increases (Anticipated)
07/01/23 - 09/30/23
+
$0.00
Loan Decreases (Anticipated)
07/01/23 - 09/30/23
+
$0.00
FFY-2023 Loan Increase Reserve
-
($2,000,000.00)
Total FFY-2023 Funds Anticipated to be
								Available for Loan Awards
=
$59,207,433
Funds Needed for Projects on the FFY-2023
								Priority List & FFY-2024 and After Planning List
Funds Needed for Projects on the FFY-2023 Priority
								List & FFY-2024 and After Planning List
+
$387,476,138
FFY-2023 Funds Anticipated to be Available for Loan
								Awards
-
($59,207,433)
Total Fund Need Remaining for Projects on the
								FFY-2023 Priority List & FFY-2024 and After Planning List
=
$328,268,705
No FFY2021 Cap Grant Funds are shown in the report above,
					 FFY 2021 Cap Grant Fund will be available in QTR1 of FFY 2022.