Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 7 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations › Appendices › Appendix 33-7-A - Reference Notes

Current through June 25, 2024
Part 1A- FFY-2016 Beginning of the Year
				  Anticipated Funds Report for the Mississippi Drinking Water Improvements
				  Revolving Loan Fund (DWSIRLF) Program
&
Part 2A -FFY-2015 End-of Year Funds Report
				  for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF)
				  Program
* Mississippi will apply for the entire FFY-2016 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-2015 Cap Grant (All
				  Cap Grant Funds were awarded).
During the 2014 Regular Legislative Session, the State
				  Legislature (House Bill No. 1495) authorized $1,000,000 in direct funding for
				  the DWSRF program and the use of $2,000,000 in an existing MSDH account for the
				  DWSRF program. Additionally, $180,000 was used from the Drinking Water Systems
				  Emergency Loan Fund (DWSELF). The total of all the match funds matched all
				  outstanding EPA Grant funds; the remaining portion of the FFY-2013 Cap Grant
				  ($6,727,455) and the total FFY-2014 Cap Grant ($9,159,000). The $3,180,000 of
				  state funds was used as follows.
* $1,345,491 matched the remainder of the FFY-2013 Cap Grant
				  amount ($6,727,455).
* $1,831,800 matched the FFY-2014 Capitalization Grant
				  ($9,159,000).
* $2,709 from the Drinking Water Systems Emergency Loan Fund
				  (DWSELF) remained to be used as match for future Capitalization Grants.
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, due to a shortfall in State funds the authorized
				  $1,200,000 was reduced by $99,520.00 to $1,100,479.80 in July 2015. 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
				  $642,980.00.
To provide the remainder of the required 2015 State match
				  for the FFY-2015 Cap Grant, the following amounts were 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 State match
				  for the FFY-2016 Capitalization Grant.
The FFY-2016 EPA Cap Grant amount is $8,607,000; the
				  required State match amount is $1,721,400. During the 2016 Regular Legislative
				  Session, the State Legislature (House Bill No. 1651) authorized $1,220,000 in
				  direct funding for the DWSRF program; therefore, an additional $501,400 must be
				  provided for the 2016 State match. With the match funds ($94,340.20) remaining
				  from the FFY-2015 Cap Grant, only $407,059.80 in additional funds will be
				  needed for the State match for the FFY-2016 Capitalization Grant.