33 Miss. Code. R. § 6-A Part 1A - FFY-2016 Beginning of the Year Anticipated Funds Report for the Mississippi Drinking Water Improvements Revolving Loan Fund (DWSIRLF) Program October 1, 2015

FFY-2016 National Title IDWSRF Appropriation(Estimate) (Using FFY-2015 Amount)	$906,896,000
* Mississippi's Allotment [section 1452fm)] (Estimate) (Using FFY-2015 Amount)	$9,099,000
FFY-2016 State Match Required (20% of Mssissippi'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 $1,819,800 is needed as State match for the FFY2015 EPA Cap Grant. The State Match($l,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 QTR1 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	+	$8,756,756
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

Notes

33 Miss. Code. R. § 6-A Part 1A

Adopted 2/14/2016