33 Miss. Code R. § 9-A Part 2A
FFY-2016 End-of Year Funds Report
Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1, 2016
FFY-2016 National Title I DWSRF Appropriation (Actual Amount) | $855,381,000 | |
* Mississippi's Allotment [section 1452(m)] (FFY-2016 Grant - Actual Amount) | $8,607,000 | |
FFY-2016 State Match Required (20% of Mississippi's Allotment) (Actual) | + | $1,721,400 |
Total FFY-2015 Federal Allotment and Required State Match (Actual): | $10,328,400 |
2016 Funding (Federal and State) (FFY-2015 Cap Grant Funds were used in 2016)
**2015 Legislated State Match (Direct Appropriation from Legislature-$1,200,000 reduced to $1,176,820.00) | + | $1,176,820 |
**2014 Emergency Fund remaining (The remainder of the 2014 Emergency Fund transfer not used for State Match in FFY2014) | + | $2,709 |
**2015 Emergency Funds transfer (Amount originally estimated to be needed to supplement the State match, transferred from the Emergency Fund for the FFY2015 Cap Grant) | + | $734,611 |
**2015 Emergency Funds transfer (Only $1,819,800 is needed as match for the revised FFY2015 EPA Cap Grant ($9,099,000). The available State match is reduced to show only the amount needed for the FFY2015 State match; $94,340 will remain as future State match funds.) | + | ($94,340) |
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.) | + | $9,099,000 |
Total FFY-2015 Federal and State Funds available in FFY-2016 for Loan Obligations & Set-asides: | $10,918,800 |
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 ~5.2%) | + | $750,000 |
State Program Management [section 1452(g)(2) -10%] | + | $909,900 |
Total FFY-2015 Cap Grant Set-Asides: | $2,162,044 |
Total Federal & State Funds Available in FFY-2016 for Loan Obligation & Set-asides | $10,918,800 | |
Less FFY-2015 Set-asides | - | ($2,162,044) |
Total Federal & State Funds Available in FFY-2016 for Loan Obligation | $8,756,756 |
Federal & State Funds available in FFY-2016 for Loan Obligation | + | $8,756,756 | |
Unobligated Funds Carried Over from FFY-2015 | + | $21,573,730 | |
Loan Repayments Deposited to the Fund (Actual) | 10/1/15 - 9//30/16 | + | $13,103,177 |
Interest Deposited to the Fund (Actual) | 10/1/15 - 9//30/16 | + | $790,199 |
FFY-2016 Loan Decreases (Actual) | 10/1/15 - 9//30/16 | + | $3,634,673 |
FFY-2016 Loan Increases (Actual) | 10/1/15 - 9//30/16 | - | ($1,725,513) |
Funds Available for Loan Awards in FFY-2016 | $49,584,048 | ||
Loan Awards made during FFY-2016 (14 Initial Loans for $26,106,196) | ($26,106,196) | ||
FFY-2016 Carryover Funds to FFY-2017 | $23,477,852 | ||
33 Miss. Code. R. § 9-A Part 2A