33 Miss. Code R. § 10-A Part 1A
FFY-2018 Funding (Federal and State) (Estimate)
**2017 Legislated State Match (There was no Appropriation by the State Legislature for the FFY2017 EPA Cap Grant; $1,706,000 is required) | + | $0 |
**2017 Emergency Fund remaining (The remainder of the 2017 Emergency Fund transfers not used for State match of the FFY2016 Cap Grant = $32,064.20; this amount will obtain $160,321.00 of the Grant funds) | + | $32,064 |
**2017-2018 Remaining State match needed: (An additional $1,674,800.80 is needed from Emergency Funds or other existing State funds to drawdown the complete FFY2017 EPA Cap Grant.) | + | $1,674,801 |
FFY2017 Cap Grant (The FFY2017 Federal Cap Grant awarded was $8,534,000; needed State match = $1,706,800) | + | $8,534,000 |
Total Federal and State Funds available in FFY-2018 for Loan Obligations & Set-asides: | $10,240,865 |
FFY-2017 Cap Grant Set-Asides
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-2017 Cap Grant Set-Asides: | $2,174,080 |
Total Federal and State Funds Anticipated to be Available in FFY-2018 | + | $10,240,865 |
Less FFY-2017 Set-asides: | - | ($2,174,080) |
Total Federal & State Funds Anticipated to be Available for Loan Obligation in FFY-2018: | $8,066,785 |
2018 DWSRF Funds (Anticipated)
Total Federal & State Funds Anticipated to be Available for Loan Obligation in FFY-2018: | + | $8,066,785 | |
Unobligated Funds Carried Over from FFY-2017 | + | $13,679,500 | |
Loan Repayments To Be Deposited (Anticipated) | 10/1/17 - 9/30/18 | + | $13,337,673 |
Interest on Fund To Be Deposited (Anticipated) | 10/1/17 - 9/30/18 | + | $806,493 |
2018 Loan Increase Reserve ($1.0m) | - | ($1,000,000) | |
Total Funds Available for Loan Awards in FFY-2018 (Anticipated) | $34,890,451* |
*Note, the Mississippi Legislature, in the Appropriation for the Mississippi Board of Health (HB1599), authorized expenditures for the "defraying of expenses of the Local Governments and Rural Water Systems Improvements Board" of $35,016,109.00. Deducting the FFY 2018 set-asides of $2,742,063 leave a balance of $32,273,956 available for loans.
33 Miss. Code. R. § 10-A Part 1A