33 Miss. Code R. § 7-A Part 1A
FFY-2016 National Title IDWSRF Appropriation (Estimate) (Usins FFY-2015 Amount) | $906,896,000 | |
* Mississippi's Allotment [section MSlfm)] (Estimate) (Using FFY-2015 Amount) | $9,099,000 | |
FFY-2016 State Match Required (20% of Mississippi'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 $1,819,800 is needed as State match for the FFY2015 EPA Cap Grant. The State Match($ 1,831,800) 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 QTRl 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 | + | $21,573,730 | |
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 | ||
33 Miss. Code. R. § 7-A Part 1A