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 - Reference Notes

Current through June 25, 2024
Part 1A - FFY-2017 Beginning of the Year
				  Anticipated Funds Report for the Mississippi Drinking Water Improvements
				  Revolving Loan Fund (DWSIRLF) Program
Part 2A - FFY-2016 End-of Year Funds
				  Report for the Mississippi Drinking Water Improvements Revolving Loan Fund
				  (DWSIRLF) Program
* Mississippi will apply for the entire FFY-
2017
.Cap Grant if State match funds are provided by the
				  Legislature
Cap Grant funds must be matched within 24 months of
				  award.
* Mississippi applied for the entire FFY-2016 Cap Grant (All
				  Cap Grant Funds were awarded).
During the 2015 Regular Legislative Session, the State
				  Legislature (House Bill No. 1555) authorized $1,200,000 in direct funding for
				  the DWSRF program; however, in July 2015 due to a shortfall in State funds the
				  authorized $1,200,000 was reduced by $99,520.00 to $1,100,479.80. In January
				  2016, due to a continuing shortfall in State revenue the Governor mandated an
				  additional $18,000 be reduced from the State match funds authorized by the 2015
				  Legislature, this reduced the authorized State match to $1,082,479.80. In March
				  2016, $35,509.77 was returned to the State match funds; in April 2016 an
				  additional $5,180.00 was removed from the State match funds; then in May 2016
				  $64,010.43 was returned to the State match funds. With all the removals and
				  returns the final amount provided by the 2015 State Legislature was
				  $1,176,820.00.
In September 2015, EPA reduced the amount of the FFY-2015
				  Federal Cap Grant to $9,099,000 at the award of the FFY-2015 Cap Grant to
				  comply with Federal debt reduction requirements; therefore, a 2015 State match
				  of only $1,819,800 was needed for the FFY-2015 Cap Grant. The difference
				  between the required 2015 State Match and the available 2015 State Match is
				  $642,980.
To provide the remainder of the required 2015 State Match
				  for the FFY-2015 Cap Grant, the following amounts were available or transferred
				  in 2015 from the Drinking Water Systems Emergency Loan (DWSELF) Fund;
* $2,709 remaining from a DWSELF transfer for the FFY-2014
				  Cap Grant match.
* $728,611.20 transferred from the DWSELF Fund in August
				  2015 for the original FFY-2015 Cap Grant amount match.
* $6,000 transferred from the DWSELF Fund in February 2016
				  after the second reduction in the FFY-2015 Cap Grant match by the State.
The transfers from the Drinking Water Systems Emergency Loan
				  Fund (DWSELF) in 2015 provided an amount of $737,320.20; only $642,980.00 is
				  required, therefore, an amount of $94,340.20 remains to be used as match for
				  the FFY-2016 Capitalization Grant.
During the 2016 Regular Legislative Session, the State
				  Legislature (House Bill No. 1651 Adopted ) authorized $1,220,000 in direct
				  funding for the DWSRF program. The FFY-2016 EPA Cap Grant amount is $8,607,000;
				  the required State match amount is $1,721,400. In
September 2016 due to a continuing shortfall in State
				  revenue the Governor mandated that the funds authorized by the 2016 Legislature
				  be reduced by $19,834 to $1,200,166. With the $94,340.20 remaining from the
				  match funds for the FFY-2015 EPA Cap Grant, an additional $426,893.80 will be
				  needed as State match for the FFY-2016 Capitalization Grant; the Board will be
				  requested to authorize the use of additional funds from DWSELF as the State
				  match.
It is anticipated that the State Legislature will continue
				  to provide a direct appropriation for the State's 20% match portion of the
				  FFY-2017 EPA Capitalization Grant. If this happens, the match amount would be
				  $1,721,400 for a grant amount of $8,607,000.