33 Miss. Code R. § 10-A
Part 1A - FFY-2018 Beginning of the Year Anticipated Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program
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Part 2A - FFY-2017 End-of Year Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program
* Mississippi applied for the entire FFY- 2018 Cap Grant. Cap Grant funds must be matched within 24 months of award.
* Mississippi applied for the entire FFY-2017 Cap Grant; however, the 2017 State Legislature did not authorize any funding for the DWSRF program.
**During the 2016 Regular Legislative Session, the State Legislature (House Bill No. 1651 Amended) authorized $1,220,000 in direct funding for the DWSRF program. The FFY-2016 EPA Cap Grant amount is $8,607,000; the required State match amount is $1,721,400. In September 2016 due to a continuing shortfall in State revenue the Governor mandated that the funds authorized by the 2016 Legislature be reduced by $19,834 to $1,200,166. In January 2017 due to the continuing shortfall in State revenue the Governor mandated a second reduction in the amount of $17,746; this reduced the available State funds to $1,182,420. In February 2017 due to the continuing shortfall in State revenue the Governor mandated a third reduction in the amount of $17,727; this reduced the available State funds to $1,164,693. In March 2017 due to the continuing shortfall in State revenue the Governor mandated a fourth reduction in the amount of $5,569; this reduced the available State funds to $1,159,124. With $94,340.20 remaining from the match funds for the FFY-2015 EPA Cap Grant, an additional $467,935.80 will be needed as State match for the FFY-2016 Capitalization Grant. In January 2017 the Board authorized the use of an additional $500,000 from DWSELF as the State match; an amount of $32,064.20 will remain to be used as match for the FFY-2017 Capitalization Grant.
The 2017 State Legislature did not authorize any funding for the DWSRF program in 2017. The FFY-2017 EPA Cap Grant amount is $8,534,000; the required State match amount is $1,706,800.
The 2018 State Legislature provided bonds for the State's 20% match portion of the FFY-2018 EPA Capitalization Grant and the FFY2017 Cap Grant. Using bond proceeds and remaining authorizations from the DWSELF as outlined above, the 201y Cap grant is fully matched. The 2018 Cap grant requires a match of $2,394,100. Bonds remaining from the $3,000,000 authorization total $1,825,264, leaving a balance of $566,136 needed to fully match the 2018 Cap grant.
33 Miss. Code. R. § 10-A