Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 11 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations › Appendices › Appendix 33-11-A - FFY-2019 Beginning of the Year Anticipated Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program w/ FFY-2018 EPA Cap Grant Funds October 1, 2019

Current through June 25, 2024
FFY-2019 Funding (Federal and State)
**Required State Match
+
$2,397,000
**Emergency Fund remaining (amount of any
								board-approved emergency fund remaining available to be used as match)
+
$0
FFY2019 Cap Grant
+
$11,985,000
$14,382,000
Total Federal and State Funds available in
								FFY-2019 for Loan Obligations & Set-asides:
FFY-2019 Cap Grant Set-Asides (estimated based on
				  maximum allowable amount or historical amounts)
DWSRF Administrative Expenses [section 1452(g)(2) -
								4%] (SDWA-DWSRF amendment to 2017 WIIN Act)
+
$479,400
Small Systems Technical Assistance [section
								1452(g)(2) - 2%]
+
$239,700
Local Assistance and Other State Program [section
								1452(g)(2) - 15%] (taking ~6.26%)
+
$750,000
State Program Management [section 1452(g)(2)
								-10%]
+
$1,198,500
Total FFY-2019 Cap Grant
								Set-Asides:
$2,667,600
Total Federal and State Funds Anticipated to
								be Available in FFY-2019
+
$14,382,000
Less FFY-2019 Set-asides:
-
($2,667,600)
Total Federal & State Funds Anticipated
								to be Available for Loan Obligation in FFY-2019:
$11,714,400
2019 DWSRF Funds (Anticipated)
Total Federal & State Funds Anticipated to be
								Available for Loan Obligation in FFY-2019:
+
$11,714,400
Unobligated Funds Carried Over from FFY-2018
+
$20,152,651
Loan Repayments To Be Deposited
								(Anticipated)
10/1/18 - 9/30/19
+
$13,306,010
Interest on Fund To Be Deposited
								(Anticipated)
10/1/18 - 9/30/19
+
$1,042,822
2019 Loan Increase Reserve ($1.0m)
-
($1,000,000)
Total Funds Available for Loan Awards in FFY-2019
								(Anticipated)
$45,215,883
FFY-2018 End-of Year Funds Report Mississippi Drinking
				  Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1,
				  2018
FFY-2018 Funding (Federal and
								State)
**2017 Legislated State Match (The 2017 State
								Legislature did not appropriate match funds for the FFY2018 EPA Cap Grant;
								$1,706,800 is required)(The 2018 State Legislature authorized $3.0 Million in
								Bonds as match for the FFY2018 & FFY2019 Cap Grants; $1,174,735.80 will be
								used with other existing match to obtain all of the FFY2018 Cap Grant)
+
$1,174,735.80
**2017 Emergency Funds remaining (The remainder of
								the 2017 Emergency Fund transfers not used for State match of the FFY2016 Cap
								Grant = $32,064.20)
+
$32,064.20
**2017-2018 State match: (An additional $500,000
								was authorized by the Board from the Emergency Fund; It was anticipated that
								with the funds carried over from 2016 and the bond funds provided by the 2018
								Legislature that all the FFY2018 EPA Cap Grant will be drawn down by the end of
								2018)
+
$500,000.00
FFY2018 Cap Grant: (The FFY2018 Federal Cap Grant
								awarded was $8,534,000; needed State match = $1,706,800. These funds will be
								drawn down when the 2018 Bond funds are available)
+
$8,534,000.00
Total Federal and State Funds Available in 2018 for
								Loan Obligations & Set-asides
$10,240,800.00
FFY-2018 Cap Grant Set-Asides
No FFY2018 Cap Grant Funds or set-asides are shown
								in this report, these funds will normally not be available until QTR1 of
								FFY2019. The FFY2017 Cap Grant set-asides shown below became available in QTR2
								of FFY2018 when the Board authorized an additional $500,000 from the Emergency
								Fund.
DWSRF Administrative Expenses [section 1452(g)(2) -
								4%] (SDWA-DWSRF amendment to 2017 WIIN Act)
+
$400,000
Small Systems Technical Assistance [section
								1452(g)(2) - 2%]
+
$170,680
Local Assistance and Other State Program [section
								1452(g)(2) - 15%] (taking ~8.2%)
+
$750,000
State Program Management [section 1452(g)(2)
								-10%]
+
$853,400
Total FFY-2018 Cap Grant
								Set-Asides
$2,174,080
Total Federal and State Funds Available in
								FFY-2018
+
$10,240,800
Less FFY-2018 Set-asides
-
($2,174,080)
Total Federal and State Funds Available for
								Loan Obligation in FFY-2018
$8,066,720
FFY2018 DWSRF Loan Funds
FFY2018 Federal and State Funds Available for
								Loan Obligation
+
$8,066,720
Unobligated Funds Carried Over from FFY-2017
+
$13,679,500
Loan Repayments Deposited (Actual)
10/1/17 - 9/30/18
+
$14,515,648
Interest on Fund Deposited (Actual)
10/1/17 - 9/30/18
+
$1,137,625
FFY2018 Loan Decreases (actual)
10/1/17 - 9/30/18
+
$6,030,131
FFY2018 Loan Increases (actual)
10/1/17 - 9/30/18
-
($481,502)
FFY2018 Funds Available for Loan Awards
$42,948,122
Loan Awards made during FFY2018 (Initial)
-
($22,795,471)
Carryover Funds for Projects funded in
								FFY-2018
$20,152,651
* Mississippi received the entire FFY2018 Cap
				  grant