Mississippi Administrative Code
Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board
Part 8 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations
Appendices
Appendix 33-8-A Part 1A - FFY-2017 Beginning of the Year Anticipated Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1, 2016
|
FFY-2017 National Title I D WSRF Appropriation (Estimate) (Using FFY-2016 Allotment) |
$855,381,000 |
|
|
* Mississippi's Allotment [section 1452(m)] (Estimate) (Using FFY-2016 Amount) |
$8,607,000 |
|
|
FFY-2017 State Match Required (20% of Mississippi's Allotment) (Estimated) (Using FFY-2016 Amount) |
+ |
$1,721,400 |
|
Total FFY-2017 Federal Allotment and Required State match (Estimate): |
$10,328,400 |
FFY-2017 Funding (Federal and State)
|
**2016 Legislated State match (Direct Appropriation from Legislature-$1,220,000 Reduced to $1,200,166) |
+ |
$1,200,166 |
|
**2015 Emergency Fund remainder (The reminder of the 2016 Emergency Fund transfer not used for State match in FFY2016 = $94,340.20) |
+ |
$94,340 |
|
**2016-2017 Emergency Fund transfer (Amount needed to supplement the State Match for the FFY2016 Cap Grant $426,893.80) |
+ |
$426,894 |
|
+ |
||
|
FFY-2016 Cap Grant (State Match = $1,721,400) |
+ |
$8,607,000 |
|
Total 2016 Federal and State Funds available in FFY-2017 for Loan Obligations & Set-asides: |
$10,328,400 |
Note: No FFY-2017 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-2017; the first portion of the FFY-2017 Cap Grant funds will not usually be received until QTR1 of FFY-2018.
FFY-2016 Cap Grant Set-Asides
|
DWSRF Administrative Expenses [section 1452(g)(2) - 4%] (Used reserved amount from 2008) |
+ |
$325,840 |
|
Small Systems Technical Assistance [section 1452(g)(2) - 2%] |
+ |
$172,140 |
|
Local Assistance and Other State Program [section 1452(g)(2) - 15%] (taking ~8.2%) |
+ |
$750,000 |
|
State Program Management [section 1452(g)(2) -10%] |
+ |
$860,700 |
|
Total FFY-2016 Cap Grant Set-Asides: |
$2,108,680 |
|
Total Federal and State Funds available in FFY-2017: |
+ |
$10,328,400 |
|
Less FFY-2016 Set-asides: |
- |
($2,108,680) |
|
Total Federal & State Funds available for Loan Obligation in FFY-2017: |
$8,219,720 |
FFY-2017 DWSRF Funds (Anticipated)
|
Total Federal & State Funds available for Loan Obligation in FFY-2017 |
+ |
$8,219,720 |
|
|
Unobligated Funds Carried Over from FFY-2016 |
+ |
$23,477,852 |
|
|
Loan Repayments To Be Deposited (Anticipated) |
10/1/16 - 9/30/17 |
+ |
$12,011,246 |
|
Interest on Fund To Be Deposited (Anticipated) |
10/1/16 - 9/30/17 |
+ |
$724,349 |
|
FFY-2017 Loan Increase Reserve ($1.0m) |
- |
($1,000,000) |
|
|
Total Funds Available for Loan Awards in FFY-2017 (Anticipated) |
$43,433,167 |
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