33 Miss. Code R. § 3-A
The following breakdown of funds is based on an estimated appropriation of $825,731,280 and applying 2.13% set-asides and a State Allotment formula of 1.04%.
| FFY-2013 National Title I DWSRF Appropriation | $861,326,000 | |
| * Mississippi Regular Allotment [section 1452(m)] | $8,764,000 | |
| FFY-2013 State Match Required (20% of Mississippi Allotment) 1 | $1,752,800 | |
| Total FFY-2013 Federal Allotment with required State Match | $10,516,800 | |
| FFY-2013 Actual and Anticipated Funding (Federal and State) | ||
| Previous Bond Issuance Balance Available to Match a Portion of the FFY-2012 Cap Grant | $643,863 | |
| FFY-2012 Cap Grant Funds Matched by Previous Bond Balance (FFY-2012 Cap Grant Balance $6,030,830 to be Matched) | $3,219,315 | |
| Total FFY-2013 Federal and State Funds Available for Loan Obligation | $3,863,178 | |
| FFY-2013 Set-Asides | ||
| The Anticipated FFY-2013 Cap Grant Agreement was not received during FFY-2013, therefore, no set-asides were available | $0 | |
| Total Regular FFY-2013 Set-Asides | $0 | |
| Total FFY-2013 Federal and State Funds Available for Loan Obligation | $3,863,178 | |
| Less Anticipated FFY-2013 Set-asides | $(0) | |
| Total FFY-2013 Federal and State Funds to be Available for Loan Obligation | $3,863,178 | |
| FFY-2013 DWSRF Funds Projections | ||
| Total FFY-2013 Federal and State Funds Anticipated to be Available for Loan Obligation | $3,863,178 | |
| Unobligated Funds Carried Over from FFY-2012 (+) | $785,968 | |
| ***Loan Repayments Deposited (+) | 10/01/12 - 9/30/13 | 20,871,865 |
| Interest Deposited to Funds (+) | 10/01/12 - 9/30/13 | $559,607 |
| FFY-2013 Loan Decreases (actual)(+) | 10/01/12 - 9/30/13 | $829,876 |
| FFY-2013 Loan Increases (actual)(-) | 10/01/12 - 9/30/13 | $(695,782) |
| FFY-2013 Loan Increase Reserve ($1.0m) (-) | $(1,000,000) | |
| Total FFY-2013 Funds Available for Loan Awards | $25,214,712 | |
| Total Awards made During FFY-2013 | (15,684,114) | |
| FFY-2013 Funds Remaining | $9,530,568 | |
| Funds Needed for Remaining FFY-2013 Priority List Projects (Original List Total = $61,136,369) | (45,452,252) | |
| Excess Funds Available for New Projects in FFY-2013 | $(35,921,684) | |
* Mississippi will apply for the entire Cap Grant. Cap Grant Funds must be matched within 24 months of award
** Match Bond Legislation was passed by the Legislature in Spring 2011. Bond sale / deposit was made Fall 2011. Total amount approved by the FY-2011 Legislature was $2,700,000. Total less issuance / discount costs matched remainder of FY-2010 Grant, all of FY-2011 Grant and the $9,166 ERG Grant funds transferred to DWSRF. Remaining balance of approximately $655,509 was used to match a portion of FFY-2012 Cap Grant ($3,277,545). Match Legislation ($1,000,000) was passed by the Legislature in Spring, 2013. Bonds are to be sold in Oct or Nov, 2013.
*** Repayment deposits for October and November, 2012, exceeded anticipated monthly figures due to 3 loan recipients repaying the remaining balances on their loans. They include the City of Starkville's loans 1 - 3 ($2,569,256.54), the City of Hernando's loans 1 - 3 ($982,373), and the City of Pascagoula's loans 1-6 ($4,276,559). In addition, in May, 2013, the City of Olive Branch paid off 3 loans totaling $2,003,387 and E. Lowndes W/A paid off their loan totaling $334,864.
33 Miss. Code. R. § 3-A