33 Miss. Code R. § 10-A Part 1B
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; an additional $252,751.80 is needed to drawdown the minimum required Set-asides to operate the DWSRF program) | + | $32,064 |
**2017-2018 Remaining State match needed: (An additional $1,674,800.80 is needed from Emergency Fund or other existing State funds to drawdown the complete FFY2017 EPA Cap Grant.) | + | $0 |
FFY2017 Cap Grant: (The FFY2017 Federal Cap Grant awarded was $8,534,000; needed State match = $1,706,800) | + | $0 |
Total Federal and State Funds available in FFY-2018 for Loan Obligations & Set-asides: | $32,064 |
NOTE: No FFY-2018 Cap Grant Funds or Set-asides are shown in this projection. State match funding for the FFY-2017 Cap Grant funds are normally not available until QTR4 of FFY-2017; the first portion of the FFY-2017 Cap Grant funds will not usually be received until QTR1 of Federal FY-2017; however, in 2017 the State legislature did not provide any funds for DWSRF.
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 | + | $32,064 |
Less FFY-2017 Set-asides: | - | ($2,174,080) |
Total Federal & State Funds Anticipated to be Available for Loan Obligation in FFY-2018: | ($2,142,016) |
2018 DWSRF Funds (Anticipated)
Total Federal & State Funds Anticipated to be Available for Loan Obligation in FFY-2018: | + | $0 | |
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) | $26,823,666 | ||
33 Miss. Code. R. § 10-A Part 1B