Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 6 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations › Appendices › Appendix 33-6-A Part 1A - FFY-2016 Beginning of the Year Anticipated Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1, 2015

Current through June 25, 2024
FFY-2016 National Title IDWSRF
							 Appropriation
(Estimate) (Using FFY-2015 Amount)
$906,896,000
* Mississippi's Allotment [section 1452fm)]
							 (Estimate) (Using FFY-2015 Amount)
$9,099,000
FFY-2016 State Match Required (20% of Mssissippi's
							 Allotment) (Estimated) (Using FFY-2015 Amount)
+
$1,819,800
Total FFY-2016 Federal Allotment and Required
							 State Match
(Estimate):
$10,918,800
FFY-2016 Funding (Federal and State)
(Estimate)
**2015 Legislated State Match (Direct Appropriation
							 from Legislature-$1,200,000 Reduced to $1,100,479.80)
+
$1,100,480
**2014 Emergency Fund remainder (The reminder of the
							 2014 Emergency Fund transfer not used for State Match in FFY2014.)
+
$2,709
**2015 Emergency Fund transfer (Amount originally
							 estimated to be needed to supplement the State Match for the FFY2015 Cap Grant
							 $728,611.20)
+
$728,611
**2015 Emergency Fund transfer (Only $1,819,800 is
							 needed as State match for the FFY2015 EPA Cap Grant. The State
							 Match($l,831,800) needed for the FFY-2015 Cap Grant is being reduced to only
							 show the amount needed for the required State match; $12,000 will remain from
							 the Emergency Fund for future match funds)
+
($12,000)
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; $12,000 will
							 remain from the Emergency Fund for future State match funds)
+
$9,099,000
Total FFY-2015 Federal and State Funds
							 available in FFY-2016 for Loan Obligations & Set-asides:
$10,918,800
Note: No FFY-2016 Cap Grant Funds or Set-asides are shown in
				  this report in order to make this projection more realistic. State Match funds
				  for Cap Grant funds normally will not be available until QTR4 of FFY-2016; the
				  first portion of the FFY-2016 Cap Grant funds will not usually be received
				  until QTR1 of FFY-2017
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 -8.2%)
+
$750,000
State Program Management [section 1452(g)(2)
							 -10%]
+
$909,900
Total FFY-2015 Cap Grant Set-Asides:
$2,162,044
Total Federal and State Funds available in
							 FFY-2016 for Loan Obligations &Set-asides:
+
$10,918,800
Less FFY-2015 Set-asides:
-
($2,162,044)
Total Federal & State Funds available for
							 Loan Obligation in FFY-2016:
$8,756,756
FFY-2016 DWSRF Funds Projections
Total Federal & State Funds available for Loan
							 Obligation in FFY-2016 (Anticipated)
+
$8,756,756
Unobligated Funds Carried Over from
							 FFY-2015
+
$8,756,756
Anticipated Loan Repayments To Be
							 Deposited
10/1/15-9/30/16
+
$11,285,456
Anticipated Interest on Fund To Be
							 Deposited
10/1/15-9/30/16
+
$549,025
FFY-2016 Loan Increase Reserve ($1.0m)
-
($1,000,000)
Total Funds Available for Loan Awards in FFY-2016
							 (Anticipated)
$41,164,967