Miss. Code. tit. 33, pt. 10, Appendices, app 33-10-A Part 2A
2017 Funding (Federal and State) (FFY-2016 Cap Grant Funds were used in 2017)
**2016 Legislated State Match (Direct Appropriation from Legislature-$1,220,000 reduced to $1,159,124.00) | + | $1,159,124 |
**2015 Emergency Fund remaining (The remainder of the 2016 Emergency Fund transfers not used for the FFY2015 Cap Grant State Match = $94,340.20) | + | $94,340 |
**2016-2017 Emergency Funds transfer (Amount needed to supplement the State match for the FFY2016 Cap Grant ($467,935.80) Board authorized transfer of $500,000 from the Emergency Fund, this left $32,064.20 to be used for match of the FFY2017 EPA Cap Grant) | + | $467,936 |
FFY2016 Cap Grant (The FFY2016 Federal Cap Grant awarded was $8,607,000) | + | $8,607,000 |
Total FFY-2016 Federal and State Funds available in FFY-2017 for Loan Obligations & Set-asides: | $10,328,400 | |
NOTE: No FFY2017 Cap Grant Funds or Set-asides are shown in this report. State match funding for the FFY2017 Cap Grant funds are normally not available until QTR4 of year; the first portion of the Cap Grant funds will not usually be received until QTR1 of Federal FY. In 2017 the State legislature did not provide any State Match funds for the FFY2017 EPA Cap Grant. |
FFY2016 Cap Grant Set-Asides (Actual)
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 ~5.2%) | + | $750,000 |
State Program Management [section 1452(g)(2) -10%] | + | $860,700 |
Total FFY-2016 Cap Grant Set-Asides: | $2,108,680 |
Total Federal & State Funds Available in FFY-2017 for Loan Obligation & Set-asides | $10,328,400 | |
Less FFY-2016 Set-asides | - | ($2,108,680) |
Total Federal & State Funds Available in FFY-2017 for Loan Obligation | $8,219,720 |
FFY-2017 DWSRF Funds (Actual)
Federal & State Funds available in FFY-2017 for Loan Obligation | + | $8,219,720 | |
Unobligated Funds Carried Over from FFY-2016 | + | $23,477,852 | |
Loan Repayments Deposited to the Fund (Actual) | 10/1/16 - 9//30/17 | + | $14,550,189 |
Interest Deposited to the Fund (Actual) | 10/1/16 - 9//30/17 | + | $879,811 |
FFY-2017 Loan Decreases (Actual) | 10/1/16 - 9//30/17 | + | $4,095,705 |
FFY-2017 Loan Increases (Actual) | 10/1/16 - 9//30/17 | - | ($735,171) |
Funds Available for Loan Awards in FFY-2017 | $50,488,106 | ||
Loan Awards made during FFY-2017 (19 Initial Loans for $36,808,606) | ($36,808,606) | ||
FFY-2017 Carryover Funds to FFY-2018 | $13,679,500 |
Miss. Code. tit. 33, pt. 10, Appendices, app 33-10-A Part 2A