Annual report, 2021 / Clean Water State Revolving Loan Fund.

State of Georgia Clean Water State Revolving Loan Program
State Fiscal Year 2021 Annual Report
Prepared by the Georgia Environmental Finance Authority
for the U.S. Environmental Protection Agency, Region IV
September 30, 2021
PLEASE NOTE that this report does not constitute nor is it suitable for use as an official financial statement. This report is not prepared by an independent auditor or accountant, and is provided for informational purposes only.

Clean Water State Revolving Fund Annual Report Table of Contents
State Fiscal Year 2021
INTRODUCTION ..............................................................................................................................1
EXECUTIVE SUMMARY ..................................................................................................................1
ADDITIONAL SUBSIDIZATION PROJECTS....................................................................................2
BLUE RIDGE (CW2020018) ............................................................................................................................................. 2 CAMILLA (CW2020003) .................................................................................................................................................. 2 FORT VALLEY UTILITIES COMMISSION (CW2020009)............................................................................................................ 2 GILMER COUNTY (CW2020007) ....................................................................................................................................... 2 THOMSON (CW2020015) ................................................................................................................................................ 2 TOCCOA (CW2019001) .................................................................................................................................................. 2 WAYCROSS (CW2020002) .............................................................................................................................................. 3
GREEN PROJECTS.........................................................................................................................3
COLUMBUS WATER WORKS (CW2020020)......................................................................................................................... 3 COLUMBUS WATER WORKS (CW2020019)......................................................................................................................... 3 DEKALB COUNTY (CW2020026) ...................................................................................................................................... 3 MCDUFFIE COUNTY BOARD OF COMMISSIONERS (CW2020012)............................................................................................. 3 SOCIAL CIRCLE (CW2019007) ......................................................................................................................................... 3 TIFTON (CW2019020) .................................................................................................................................................... 3 WALKER COUNTY WATER AND SEWERAGE AUTHORITY (CW2019019)..................................................................................... 3
BASE CWSRF PROJECTS..............................................................................................................3
BRASELTON (CW2019021).............................................................................................................................................. 3 CLEVELAND (CW2020024).............................................................................................................................................. 3 DALLAS (CW2021008) ................................................................................................................................................... 4 DAVISBORO (CW2016021).............................................................................................................................................. 4 FLOWERY BRANCH (CW2020010) .................................................................................................................................... 4 GAINESVILLE (CW2020022) ............................................................................................................................................ 4 GAINESVILLE (CW2020023) ............................................................................................................................................ 4 GRIFFIN (CW2020030)................................................................................................................................................... 4 POOLER (CW2020016) .................................................................................................................................................. 4 SENOIA (CW20018001).................................................................................................................................................. 4 WHITE (CW2020028)..................................................................................................................................................... 4
MEETING INTENDED USE PLAN (IUP) GOALS AND OBJECTIVES .............................................4
PROGRAM ADMINISTRATION (4 PERCENT) ................................................................................6
CWSRF NON-PROGRAM INCOME.................................................................................................6
DISADVANTAGED BUSINESS ENTERPRISE (DBE) PARTICIPATION .........................................6
CWSRF LOAN DISBURSEMENTS ..................................................................................................7
CWSRF STATE MATCH ..................................................................................................................7
CWSRF LOAN REPAYMENT...........................................................................................................7
WATER RESOURCES REFORM AND DEVELOPMENT ACT (WRRDA) IMPLEMENTATION.......7
ASSURANCES AND SPECIFIC PROPOSALS ................................................................................8

List of Attachments
Attachment 1: Sources and Uses of Funds by Quarter.....................................................................9 Attachment 2: CWSRF Repayment Accounts...................................................................................9 Attachment 3: Communities Receiving CWSRF Financial Assistance............................................10 Attachment 4: Binding Commitments by Category, Population, and Dollar Value ..........................11 Attachment 5: Administrative Expenses by Category .....................................................................12 Attachment 6: DBE Utilization.........................................................................................................13 Attachment 7: Disbursement of CWSRF Funds by Quarter............................................................14 Attachment 8: Comparison of Projected Versus Actual Disbursements.......................................... 16 Attachment 9: Projects Closed in FY2021 ......................................................................................17

State of Georgia Clean Water State Revolving Fund Program
State Fiscal Year 2021 Annual Report

Introduction

The Clean Water State Revolving Fund (CWSRF) provides assistance to wastewater and nonpoint source projects that improve water quality in Georgia as identified in the amended Clean Water Act of 1972. A range of water quality and wastewater treatment projects are covered by the program, including:

Stormwater and flood control projects, Projects for the construction or expansion of wastewater treatment facilities and installation of sewer lines and
sewer rehabilitation, Projects that support the state's nonpoint source management plan, and Projects that reduce energy costs, such as solar, wind, and biogas projects.

As required by the Code of Federal Regulations, Title 40, Part 35, Subpart K, Section 35.3165; Section 606, Paragraph (d) of the Clean Water Act; and Chapter 6 of the CWSRF Management Manual of December 1988, the Georgia Environmental Finance Authority (GEFA) submits this annual report for the state fiscal year ending June 30, 2021 (FY2021). This report provides detailed information concerning the management and fiscal integrity of the program, changes to the program, and updates to the program's goals and objectives relating to the 2020 Intended Use Plan (IUP).

GEFA was created by the Georgia General Assembly in 1986 as the successor agency to the Georgia Development Authority Environmental Facilities Program. GEFA assists local governments in financing the construction, extension, rehabilitation, replacement, and securitization of public works facilities. The GEFA board of directors consists of three exofficio members and eight members appointed by the governor. The Georgia Environmental Protection Division (EPD) provides certain professional services for the CWSRF. These services include:

Project reviews and approvals; Planning and project development; Information tracking; Information gathering and assistance with the National Needs Survey; Issuing Notices of No Significant Impacts (NONSI) and Categorical Exclusions (CE); Assistance with the National Information Management System (NIMS); and The Clean Water Benefits Reporting (CBR) database.

Executive Summary

In July 2020, GEFA submitted an IUP and application for the 2020 CWSRF grant. The 2020 grant was awarded on September 14, 2020, for $26,869,000. In June 2021, the 2021 grant application and IUP were submitted to the U.S. Environmental Protection Agency (EPA) for $26,865,000 and was awarded on August 18, 2021. Funds awarded by EPA to Georgia's CWSRF as of June 30, 2021, total $871,666,061, including $24,672,170 net transfers from the Drinking Water State Revolving Fund (DWSRF). There were no net transfers from DWSRF for state FY2021. Georgia's required state match totals $157,465,862.

Attachment 1 shows the total sources of funds by quarter during state FY2021 including federal grant funds, state match contributions, repayments from direct federal loans, and interest earnings generated from these accounts. Attachment 1 also shows the closing fees collected by quarter identified as program income and non-program income. Georgia reports the collection of program income and non-program income separately in accordance with the EPA Fee Guidance released

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in October 2005. Attachment 1 also shows the uses of funds by quarter. Attachment 2 shows the balances within these accounts as of June 30, 2021.
Under the CWSRF 23 new loans and two increases to existing loans were executed in state FY2021 for a total of $269,083,100. These CWSRF loans include $6,264,250 in principal forgiveness and $40,872,955.33 that met the qualifications for the Green Project Reserve. These executions and increases can be found in Attachment 3. Attachment 4 shows information for these 23 projects in the NIMS format. Lastly, GEFA and EPD collectively entered all necessary information into the Clean Water Benefits Reporting database for all projects funded through state FY2021.
All new loan commitments were made to qualified local governments or water and sewer authorities according to the requirements of the Georgia Department of Community Affairs (DCA), which includes a verified service delivery strategy. Additionally, all loan recipients have the technical, managerial, and financial capability to operate a sewer system. Each project was reviewed in accordance with the EPA approved State Environmental Review Process (SERP) and was issued a Notice of No Significant Impact (NONSI) or a Categorical Exclusion (CE). Below is a short description for each of the projects funded in state FY2021.
Additional Subsidization Projects
Blue Ridge (CW2020018) On December 3, 2020, Blue Ridge signed a $5,000,000 assistance agreement, including $750,000 in principal forgiveness. This project includes rehabilitating the water pollution control plant. As of the end of state FY2021, $59,725 have been drawn.
Camilla (CW2020003) On February 22, 2021, Camilla signed a $1,900,000 assistance agreement, including $950,000 in principal forgiveness. This project includes rehabilitating the wastewater treatment plant and lift stations. As of the end of state FY2021, $19,200 have been drawn.
Fort Valley Utilities Commission (CW2020009) On October 30, 2020, Fort Valley Utilities Commission signed a $2,500,000 assistance agreement, including $1,100,000 in principal forgiveness. This project includes installing sewer main and a lift station. As of the end of state FY2021, $1,033,392.06 have been drawn.
Gilmer County (CW2020007) On June 11, 2021, Gilmer County signed a $755,000 assistance agreement, including $264,250 in principal forgiveness. This project includes replacing lift station pumps and transmission main. As of the end of state FY2021, no funds were drawn.
Thomson (CW2020015) On June 17, 2021, Thomson signed a $8,361,000 assistance agreement, including $1,100,000 in principal forgiveness. This project includes rehabilitating the wastewater treatment plant. As of the end of state FY2021, no funds were drawn.
Toccoa (CW2019001) On December 3, 2020, Toccoa signed a $7,332,000 assistance agreement, including $1,000,000 in principal forgiveness. This project includes upgrading the headworks at the wastewater treatment plant. As of the end of state FY2021, $36,745.00 have been drawn.

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Waycross (CW2020002) On March 2, 2021, Waycross signed a $2,500,000 assistance agreement, including $1,100,000 in principal forgiveness. This project includes upgrading the wastewater treatment plant. As of the end of state FY2021, $567,209 have been drawn.
Green Projects
Columbus Water Works (CW2020020) On April 13, 2021, Columbus Water Works signed a $13,300,000 assistance agreement. The project includes rehabilitating the wastewater treatment facilities and the sewer collection system. As of the end of state FY2021, no funds were drawn.
Columbus Water Works (CW2020019) On April 13, 2021, Columbus Water Works signed an $24,705,000 assistance agreement. The project includes rehabilitating the wastewater treatment facilities and the sewer collection system. As of the end of state FY2021, no funds were drawn.
DeKalb County (CW2020026) On December 9, 2020, DeKalb County signed a $50,000,000 assistance agreement. This project includes rehabilitating the wastewater collection and treatment system. As of the end of state FY2021, $4,988,973.46 have been drawn.
McDuffie County Board of Commissioners (CW2020012) On June 14, 2021, McDuffie County Board of Commissioners signed a $650,000 assistance agreement. This project includes extending the sewer collection system. As of the end of state FY2021, no funds were drawn.
Social Circle (CW2019007) On May 18, 2021, Social Circle signed a $3,320,000 assistance agreement. This project includes rehabilitating and upgrading the sewer system and performing an inflow and infiltration study. As of the end of state FY2021, no funds were drawn.
Tifton (CW2019020) On August 18, 2020, Tifton signed a $2,000,000 assistance agreement. The project includes rehabilitating the water pollution control plant and pump stations. As of the end of state FY2021, $278,717.90 have been drawn.
Walker County Water and Sewerage Authority (CW2019019) On March 23, 2021, Walker County Water and Sewer Authority signed a $9,000,000 assistance agreement. The project includes constructing three pump stations and installing sewer main. As of the end of state FY2021, no funds were drawn.
Base CWSRF Projects
Braselton (CW2019021) On October 30, 2020, Braselton signed a $100,000 increase to the existing $580,000 assistance agreement entered on March 16, 2020. The project includes stormwater and road improvements. As of the end of state FY2021, $445,786.85 have been drawn.
Cleveland (CW2020024) On February 11, 2021, Cleveland signed a $12,656,000 assistance agreement. This project includes expanding and upgrading the wastewater treatment plant. As of the end of state FY2021, no funds were drawn.

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Dallas (CW2021008) On April 1, 2021, Dallas signed a $1,834,000 assistance agreement. This project includes planning, designing, and permitting services to extend sewer service to the west sewer basin. As of the end of state FY2021, no funds were drawn.
Davisboro (CW2016021) On December 8, 2020, Davisboro signed a $1,169,000 increase to the existing $4,679,000 assistance agreement entered on March 13, 2017. This project includes expanding the Davisboro Land Application System. As of the end of state FY2021, $1,977,490.99 have been drawn.
Flowery Branch (CW2020010) On April 13, 2021, Flowery Branch signed a $23,300,000 assistance agreement. This project will upgrade the Flowery Branch water reclamation facility. As of the end of state FY2021, no funds were drawn.
Gainesville (CW2020022) On May 14, 2021, Gainesville signed a $28,000,000 assistance agreement. The project will install force main, gravity sewer, a stormwater detention pond, and pump stations. As of the end of state FY2021, no funds were drawn.
Gainesville (CW2020023) On May 14, 2021, Gainesville signed a $22,500,000 assistance agreement. This project will upgrade the Flay Creek Water Reclamation Facility. As of the end of state FY2021, no funds were drawn.
Griffin (CW2020030) On January 19, 2021, Griffin signed a $9,137,000 assistance agreement. This project will install sludge processing equipment and a sludge drying facility at the wastewater treatment plants. As of the end of state FY2021, $2,013,746.30 have been drawn.
Pooler (CW2020016) On February 9, 2021, Pooler signed a $25,000,000 assistance agreement. This project includes expanding the wastewater treatment plant. As of the end of state FY2021, no funds were drawn.
Senoia (CW20018001) On November 10, 2020, Senoia signed a $13,600,000 assistance agreement. This project includes construction of a 1.0 MGD water pollution control plant. As of the end of state FY2021, $693,223.27 have been drawn.
White (CW2020028) On October 30, 2020, White signed a $464,000 assistance agreement. This project includes inflow and infiltration remediation along the east side of the railroad. As of the end of state FY2021, $46,170.26 have been drawn.

Meeting Intended Use Plan (IUP) Goals and Objectives

The 2020 CWSRF IUP listed four goals for the program.

1. Long-term Program Goal: Explore the viability of regionalization and/or consolidation of systems to take advantage of economies of scale and to address the technical, managerial, and financial capacity issues experienced by disadvantaged communities.

Status: In 2019, GEFA contracted with Wood Environment and Infrastructure Solutions, Inc. (Wood) to conduct an analysis of water supply sources throughout Georgia. The purpose of the water supply redundancy study is to

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increase Georgia's water supply solvency and reliability. This study evaluates drinking water supply, demand, treatment, storage, distribution, and interconnectivity to identify redundant water supply sources capable of providing backup water supply for qualified water systems outside the Metropolitan North Georgia Water Planning District. To date, Wood has completed the initial summaries of data (captured through surveys) for all ten water planning regions (Task 1). Additionally, Wood has identified sufficient water supply sources for nine regions (Task 2) and developed a potential project list based on the information they gathered and analyzed for seven regions (Task 3). All three tasks should be complete for the ten regions in the study by early 2022. Wood will create presentations based on their findings and GEFA will present Wood's findings to the regional water councils in Spring 2022. GEFA has yet to determine what funding incentives will be available to communities based on the projects recommended through the study.

2. Long-term Program Goal: Coordinate activities with other state and federal agencies to enhance borrowers' understanding of the range of funding options. Seek opportunities to leverage funds so that borrowers can benefit from the maximum level of public assistance available.

Status: Georgia has an organization called the Georgia Funders' Forum that convenes quarterly to discuss updates to funding programs. Some of the funding agencies/programs represented are United States Department of Agriculture (USDA), DCA, Georgia Emergency Management Agency (GEMA), Community Development Block Grant (CDBG), Appalachian Regional Commission (ARC), and GEFA. The participants learn from each other and benefit from guests on topics selected by the participants themselves. The participants discover how to create more efficient and effective ways to distribute limited dollars for water projects in Georgia.

3. Long-term Program Goal: Maintain and improve database management systems that integrate Clean Water project data with program management data.

Status: GEFA has selected a comprehensive database management system that will allow borrowers to manage and track loan funds, repayments, set-aside spending, capital, and financial contributions. The goal is to automate tasks and allow the borrowers to enter and view their information in real-time. This comprehensive database will reduce the number of errors and increase efficiency in program management. The kickoff meeting is scheduled for October 1, 2021.

4. Long-term Program Goal: GEFA will continue to administer the CWSRF in a fiscally responsible manner that will ensure its revolving nature in perpetuity.

Status: GEFA contracted with Kirkwood Kelly Consulting to create a cash flow model to maximize lending. Cash flow models are essential tools for effective SRF fund management to establish sustainable funding levels and to ensure cash balances remain at a reasonable level. The consulting firm is using disbursements data to identify trends across different project types and sizes.

5. Short-term Program Goal: Improve SRF outreach and training to borrowers, project administrators, Area Development Districts, and engineers.

Status: In state FY2021, GEFA began a three-part webinar series entitled GEFA 101. The first webinar was held on May 20, 2021. The webinar provided an overview of GEFA and the funding programs, discussed the IUP and its purpose, demonstrated how to fill out the application, and went into depth on the call for projects and how a project can be scored for principal forgiveness. The second webinar was held on July 27, 2021. The second webinar went into detail on the underwriting process and the financial section of the application. The third webinar was held on August 31, 2021. Two staff on from the Georgia EPD reviewed the SERP.

6. Short-term Program Goal: Hone GEFA's affordability assessment to possibly add new criteria that make sense for evaluating Georgia communities fairly and transparently.

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Status: GEFA contracted with IB Environmental to advise GEFA on disadvantaged populations, provide training, and assist in evaluating research related to calculating the following for the borrower's:
a. Poverty Prevalence Indicator (PPI): Percent of Households Below 200% of Federal Poverty Level b. Household Burden Indicator (HBI): Water Costs as a Percent of Income at lowest quintile income c. Based on the above, provide a categorization of the applicant's water-related costs as creating a:
Very High Burden High Burden Moderate-High Burden Moderate-Low Burden, or Low Burden
A training was held for the water resources division staff by IB Environmental on February 25, 2021, to discuss this research. IB Environmental produced a tool that can be used to easily calculate the PPI and HBI. This tool was demonstrated and discussed during the training.

7. Short-term Program Goal: Waive the maximum loan amount of $25,000,000 per year on a case by case basis to significantly reduce cash balances and increase pace.
Status: During state FY2021, GEFA asked that the board waive the $25,000,000 cap for three loans. These loans were for the city of Gainesville for $28,000,000, DeKalb County for $50,000,000, and Clayton County Water Authority (CCWA) for $50,000,000. Loan agreements for city of Gainesville and DeKalb County were executed during state FY2021 and the loan agreement for CCWA will be executed during state FY2022. CCWA is also scheduled to submit another application for an additional $50,000,000 during state FY2022.
Program Administration (4 Percent)
GEFA used repayment dollars and program income for administrative purposes. Attachment 5 shows expenditures associated with program administration broken down by object category.
CWSRF Non-Program Income
In state FY2021, GEFA spent $926.32 in CWSRF non-program income to support the state's water quality monitoring, testing, and standards development. Attachment 5 shows how non-program income was allocated.
Disadvantaged Business Enterprise (DBE) Participation
Within GEFA's agreement, recipients are required to encourage participation of small minority and women owned businesses in all project subcontracts. The state's CWSRF percentage goals through September 30, 2020, are four percent for Minority Business Enterprises (MBE) and four percent for Women Business Enterprises (WBE). A summary of DBE utilization is in Attachment 6. The data provided in Attachment 6 is for the reporting period of October 1, 2019, through September 30, 2020, representing the most recent full fiscal year of data.
GEFA makes every effort to comply with the EPA's Six Good Faith Efforts. Telephone calls and emails are regularly made to DBE subcontractors to encourage their participation in both the CWSRF and DWSRF projects. DBEs are alerted to GEFA-approved projects as soon as they appear in the database, allowing subcontractors to inquire and prepare for these projects prior to the bid date. Subcontractors are additionally urged to pursue EPA/Georgia Department of Transportation (GDOT)/Small Business Administration (SBA) certification. GEFA staff are available to answer questions and assist

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subcontractors in the application process. GEFA also maintains an in-house bidder's list of certified DBE prime contractors and subcontractors. The data for the bidder's list is collected and forwarded to loan recipients with compliance approval. The bidder's list also serves as a database of MBEs and WBEs and non-MBE/WBE prime contractors and subcontractors.
In considering whether firms could subcontract with DBEs, GEFA encourages prime contractors to follow the Six Good Faith Efforts to solicit the services of MBEs and WBEs. Project approval is withheld if DBE documentation is insufficient. Prime contractors are also provided with an example of an EPA-approved newspaper advertisement and an example of a solicitation letter to help eliminate generic newspaper advertisements and poorly written letters. GDOT, city of Atlanta, SBA, and Metropolitan Atlanta Rapid Transit Authority (MARTA) are resources for prime contractors for identifying DBE-certified subcontractors. In addition, an EPA bidder's list is available upon request from GEFA. Guidance is provided in all related construction contracts to encourage prime contractors to divide work when feasible.
CWSRF Loan Disbursements
The CWSRF disbursed funds to 64 active projects during state FY2021. Attachment 7 shows the projects that received funds by quarter in state FY2021. The CWSRF disbursed a total of $106,445,863.23 in state FY2021. Attachment 8 compares the projected disbursement schedules indicated within the 2019 and 2020 IUPs for state FY2021 against the actual disbursements made in state FY2021. The CWSRF disbursed 347 percent of projected disbursements in state FY2021.
CWSRF State Match
Under the provisions of the Federal Water Pollution Control Act (FWPCA) Section 602(b)(2), the state is required to deposit an amount equal to 20 percent of the total capitalization grant into the CWSRF. During state FY2021, projects that received federal capitalization grant dollars used a cash draw ratio of 83.33 percent federal dollars and 16.67 percent state match dollars. GEFA received general obligation bond funds from the state to match the CWSRF program at 20 percent. These bond funds will be deposited into the same CWSRF fund as grant payments are made. Attachment 1 shows the amount of state match funds provided during state FY2021 by quarter.
CWSRF Loan Repayment
Nineteen CWSRF projects closed during state FY2021 (Attachment 9). The total dollar value awarded to these projects equaled $90,007,000 of which $72,555,489.14, or 80.61 percent, was disbursed. The total amount of repayments credited to the CWSRF during state FY2021 from all sources was $99,430,188.29 and can be found within Attachment 1 (total of federal and state-match repayments). These sources of repayment include principal and interest payments and any late fees or loan continuation fees paid. To maintain the revolving nature of the CWSRF, all repayments including the principal, interest, and fees are credited to the CWSRF. Attachment 1 also shows that $2,522,459.20 in closing fees were collected during the state fiscal year.
Water Resources Reform and Development Act (WRRDA) Implementation
WRRDA requires the competitive procurement of architectural and engineering (A&E) services for projects receiving CWSRF assistance. GEFA will be submitting DeKalb County with a loan amount of $50,000,000 to meet the equivalency requirement.

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Assurances and Specific Proposals
The CWSRF will adhere to all the certifications covered in the Clean Water Act as well as those within Georgia's Operating Agreement with the Regional EPA office. The specific certifications are:
1. Capitalization Grant Agreement 2. Payment Schedule 3. State Matching Funds 4. Commitment of 120 Percent in One Year 5. All Funds Timely Expenditure 6. Enforceable Requirements of the Clean Water Act 7. Cross Cutting Issues 8. State Law and Procedures 9. State Accounting and Auditing Procedures 10. Recipient Accounting and Auditing Procedures 11. Annual Report 12. Limitations on Eligibility 13. Environmental Review Process 14. Maintain the Fund 15. Perpetuity 16. Types of Assistance 17. Priority List 18. Limitation of Double Benefits 19. Consistency with Planning Requirements 20. Annual Audit 21. Intended Use Plan 22. Annual Federal Oversight Review and Technical Assistance 23. Dispute Resolution 24. Reserve the Right to Transfer up to 30 Percent of Grant Amount Between Programs 25. NIMS 26. Clean Water Benefits Reporting System
A copy of GEFA's FY2021 unaudited financial data is provided under separate cover.

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Attachment 1

Sources and Uses of Funds by Quarter

Clean Water State Revolving Fund

FY 2021

July 1, 2020 - June 30, 2021

Quarter 1 07/2020 - 09/2020

Quarter 2 10/2020 - 12/2020

Quarter 3 01/2021- 03/2021

Quarter 4 04/2021 - 6/2021

Total

Sources

Direct Capitalization Grant Funds (Accrual Basis)

-

7,786,970.24

9,129,424.16

9,952,605.60 $ 26,869,000.00

State Match Funds (Accrual Basis)

-

1,557,767.84

1,826,323.08

1,989,709.08 $ 5,373,800.00

Repayments Collected (Cash Basis)

CWSRF Federal & State Principal Repayments

3,575,288.87

24,473,473.42

44,021,403.25

16,783,678.09 $ 88,853,843.63

CWSRF Federal & State Interest Repayments

756,753.55

749,357.33

4,533,971.73

4,536,262.05 $ 10,576,344.66

Fees Collected (Cash Basis)

Closing fee payments (program)

159,000.00

-

1,215,749.57

1,147,709.63 $ 2,522,459.20

Closing fee payments (non-program)

-

-

-

- $

-

Investment Earnings (Short & Long-term)

CWSRF Federal Repayment Fund

316,249.34

232,684.45

206,224.22

171,211.21 $

926,369.22

CWSRF State-Match Repayment Fund

107,966.50

83,695.55

76,047.20

62,735.13 $

330,444.38

Closing fee payments (program)

14,034.55

10,435.96

9,201.60

7,580.88 $

41,252.99

Closing fee payments (non-program)

1,091.81

682.27

508.62

353.84 $

2,636.54

Total Sources $

4,930,384.62 $

34,895,067.06 $ 61,018,853.43 $ 34,651,845.51 $ 135,496,150.62

Uses

CWSRF Disbursements - Cap Grant (Accrual Basis)

-

7,786,970.24

9,129,424.16

9,952,605.60 $ 26,869,000.00

CWSRF Disbursements - State Match (Accrual Basis)

-

1,557,767.84

1,826,323.08

1,989,709.08 $ 5,373,800.00

CWSRF Disbursements - Repayments (Accrual Basis)

24,839,544.42

23,982,732.64

16,975,983.85

8,404,802.32 $ 74,203,063.23

CWSRF Administration (4%)

-

-

-

- $

-

CWSRF Administration (Repayments)

191,121.08

289,438.24

296,998.79

297,201.89 $ 1,074,760.00

CWSRF Program Income

28,757.29

84,906.04

102,543.67

510,129.41 $

726,336.41

CWSRF Non-Program Income

266.58

266.67

233.95

159.12 $

926.32

Total Uses $

Account CWSRF Federal Repayment Fund CWSRF State-Match Repayment Fund CWSRF Closing Fee (Program Income) CWSRF Closing Fee (Non-program Income)

Total $

25,059,689.37 $

33,702,081.67 $ 28,331,507.50 $ 21,154,607.42 $ 108,247,885.96

Attachment 2

CWSRF Repayment Accounts

Clean Water State Revolving Fund

FY 2021

July 1, 2020 - June 30, 2021

Balance*

Investment Earnings Expected Uses of Funds

470,547,407.51

926,369.22 Project Funding

168,094,054.57

330,444.38 Project Funding

22,620,373.81

41,252.99 Project Funding

2,116,649.88

2,636.54 Water Quality Related Activities

663,378,485.77 $

1,300,703.13

State FY 2021 CWSRF Annual Report

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Community Blue Ridge, City of Braselton, City of* Camilla, City of Cleveland, City of Columbus Water Works Columbus Water Works Dallas, City of Davisboro, City of* DeKalb County Flowery Branch, City of Fort Valley Utilities Commission Gainesville, City of Gainesville, City of Gilmer County Griffin, City of

Project Number CW2020018 CW2019021 CW2020003 CW2020024 CW2020020 CW2020019 CW2021008 CW2016021 CW2020026 CW2020010 CW2020009 CW2020022 CW2020023 CW2020007 CW2020030

Population Served by
Project 1,026 3,764 5,360 5,500
61,555 61,555 10,000
2,010 619,491
10,000 1,000 1,000
40,000 31,900 100,000

Zip Code 30513 30517 31730 30528 31901 31901 30132 31018 30030 30542 31030 30501 30501 30540 30224

McDuffie County Board of Commissioners Pooler, City of Senoia, City of Social Circle, City of Thomson, City of Tifton, City of Toccoa, City of Walker County Water and Sewerage Authority Waycross, City of White, City of

CW2020012 CW2020016 CW2018001 CW2019007 CW2020015 CW2019020 CW2019001
CW2019019 CW2020002 CW2020028

205 25,694
1,856 4,452 21,500 16,838 30,000

30824 31322 30276 30025 30824 31794 30577

3,148 16,000
227

30725 31501 30184

*Indicates increases to existing loans.

Attachment 3 Communities Receiving CWSRF Financial Assistance
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Project Type
Advanced Treatment Stormwater- Gray Infrastructure
Sewer System Rehab Advanced Treatment New Collector Sewers Secondary Treatment
Planning Secondary Treatment Sewer System Rehab Advanced Treatment New Collector Sewers New Collector Sewers Advanced Treatment Sewer System Rehab Advanced Treatment

Total Assistance Agreement
$5,000,000.00 $100,000.00
$1,900,000.00 $12,656,000.00 $13,300,000.00 $24,705,000.00
$1,834,000.00 $1,169,000.00 $50,000,000.00 $23,300,000.00 $2,500,000.00 $28,000,000.00 $22,500,000.00
$755,000.00 $9,137,100.00

Loan Amount $4,250,000.00
$100,000.00 $950,000.00 $12,656,000.00 $13,300,000.00 $24,705,000.00 $1,834,000.00 $1,169,000.00 $50,000,000.00 $23,300,000.00 $2,500,000.00 $28,000,000.00 $22,500,000.00 $490,750.00 $9,137,100.00

Principal

Green

Binding

Forgiveness

Project

Commitment

Amount

Reserve Amount

Date

$750,000.00

12/3/2020

10/30/2020

$950,000.00

2/22/2021

2/11/2021

$4,433,333.33 4/13/2021

$8,235,000.00 4/13/2021

4/1/2021

12/8/2020

$22,500,000.00 12/9/2020

4/13/2021

$1,100,000.00

10/30/2020

5/14/2021

5/14/2021

$264,250.00

$171,596.00 6/11/2021

1/19/2021

j

Loan

Loan

Closeout Interest

Date

Rate

5/1/2022 2.34%

9/1/2022 0.50%

5/1/2022 0.82%

1/1/2023 2.37%

5/1/2025 0.13%

11/1/2024 0.13%

12/1/2021 0.13%

11/1/2022 2.70%

5/1/2024 2.28%

11/1/2023 1.04%

3/1/2022 1.94%

5/1/2024 0.13%

5/1/2023 0.13%

8/1/2022 0.39%

7/1/2022 0.13%

New Collector Sewers Advanced Treatment Advanced Treatment Sewer System Rehab Advanced Treatment Sewer System Rehab Advanced Treatment

$650,000.00 $25,000,000.00 $13,600,000.00
$3,320,000.00 $8,361,000.00 $2,000,000.00 $7,332,000.00

$650,000.00 $25,000,000.00 $13,600,000.00
$3,320,000.00 $7,261,000.00 $2,000,000.00 $6,332,000.00

$1,100,000.00 $1,000,000.00

$650,000.00
$1,317,793.00 $1,807,233.00 $1,000,000.00

6/14/2021 2/9/2021 11/10/2020 5/18/2021 6/17/2021 8/18/2020 12/3/2020

9/1/2022 5/1/2023 3/1/2023 9/1/2022 4/1/2023 4/1/2023 8/1/2022

0.13% 0.94% 2.52% 0.73% 0.91% 0.94% 2.17%

New Collector Sewers Advanced Treatment Stormwater- Gray Infrastructure

$9,000,000.00

$9,000,000.00

$528,000.00

$2,500,000.00

$1,400,000.00 $1,100,000.00

$230,000.00

$464,000.00

$464,000.00

$ 269,083,100.00 $ 263,918,850.00 $ 6,264,250.00 $ 40,872,955.33

3/23/2021 3/2/2021 10/30/2020

7/1/2022 7/1/2022 6/1/2021

1.01% 0.89% 1.94%

State FY 2021 CWSRF Annual Report

10

Attachment 4 Binding Commitments by Category, Population, and Dollar Value
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Project Type

Number of Projects*

Dollar Value ($)

Assistance by Population Size

Number of New Assistance
Agreements

Secondary Treatment (I) Advanced Treatment (II) Infiltration/Inflow (IIIA) Sewer System Rehab (IIIB) New Collector Sewers (IVA)

2

$9,349,700.00 Less than 3,500:

7

11 $130,386,100.00 3,500 to 9,999:

3

10,000 to 99,999:

11

7

$68,699,650.00 100,000 & above:

2

5

$37,539,000.00

Total

23

New Interceptors (IVB)
CSO Correction (V) Storm Sewers - Gray Infrastructure (VI) Storm Sewers - Green Infrastructure (VI) Recycled Water Distribution (X) Energy Efficiency Renewable Energy Water Efficiency Water Reuse Agricultural Cropland (VII-A) Agricultural Animals (VII-B) Silviculture (VII-C) Urban, Excluding Decentralized Systems (VII-D) Groundwater, Unknown Source (VII-E) Marinas (VII-F) Resource Extraction (VII-G) Brownfields (VII-H) Storage Tank (VII-I) Sanitary Landfills (VII-J) Hydromodification (VII-K) Individual/Decentralized Systems (VII-L) Other-Planning Land Conservation

2

$12,541,650.00

2

$7,464,000.00

1

$1,834,000.00

Total

30 $267,814,100.00

*Assistance Agreements may be counted in more than one category when they fund more than one category.

Dollar Value ($)
$59,214,000.00 $17,876,000.00 $131,587,000.00 $59,137,100.00 $267,814,100.00

State FY 2021 CWSRF Annual Report

11

Attachment 5 Administrative Expenses by Category
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Object Category Personnel Fringe Benefits Travel Contractual Operating Expenses Indirect Costs Shared Services
Total

4% - GEFA
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

4% - EPD
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Program Income

Non-Program Income

$723,790.98 $2,545.43
$726,336.41

$926.32 $926.32

CWSRF Fund $151,231.32 $77,740.31 $6,235.82 $364,410.97 $69,426.59 $171,728.72 $233,986.27
$1,074,760.00

Total Expenditures
$151,231.32 $77,740.31 $6,235.82
$1,088,201.95 $72,898.34
$171,728.72 $233,986.27
$1,802,022.73

State FY 2021 CWSRF Annual Report

12

Attachment 6 DBE Utilization Clean Water State Revolving Fund October 1, 2019 - September 30, 2020**

Annual Dates

Summaries

MBE ($)

WBE ($)

(October 1, 2019 - September 30, 2020)

1,805,557.56 2,940,712.09 $

Total Percentage Goal Percentage Actual*
*DBE information is provided on an annual basis to EPA

$

1,805,557.56 $ 2,940,712.09 $

4.00%

4.00%

1.91%

3.11%

**Percentage Actual is calculated by dividing the DBE funds disbursed by the total CWSRF funds disbursed in the same period

Total ($)
4,746,269.65 4,746,269.65 8.00% 5.02%

State FY 2021 CWSRF Annual Report

13

Community Adairsville, City of Albany, City of Bainbridge, City of Banks County BOC Blairsville, City of Blue Ridge, City of Blue Ridge, City of Braselton, Town of Braselton, Town of Braselton, Town of Brunswick- Glynn County Joint Water & Sewer Byron, City of Camilla, City of Cedartown, City of Chatsworth Water Works Commission Clayton County Water Authority Clayton County Water Authority Cochran, City of Colquitt, City of Dallas, City of Davisboro, City of Dekalb County Douglas, City of Eatonton-Putnam Water Sewer Authority Fayetteville, City of Fitzgerald Water Light & Bond Comission Fort Valley Utilities Commission Griffin, City of Griffin, City of Griffin, City of Grovetown, City of Hawkinsville, City of Hinesville, City of Jesup, City of Jones County Kingsland, City of Lavonia, City of Louisville, City of Lowndes County Lyerly, Town of Lyons, City of Maysville, City of Mitchell County Board of Commissioners Newton County Water and Sewerage Authority Pooler, City of Porterdale, City of Rockdale County Sandersville, City of
State FY 2021 CWSRF Annual Report

Attachment 7 Disbursements of CWSRF Funds by Quarter
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Project Number
CW016018 CW2016015 CW2017029 CW2019015 CW2017018 CW2016012 CW2020018 CW2016030 CW2018013 CW2019021 CW2019008 CW2016048 CW2020003 CW2018007 CW2016010 CW2016037 CW2020014 CW15009 CW2017030 CW2018009 CW2016021 CW2020026 CW2016036 CW2016032 CW2019014 CW2019011 CW2020009 CW2019017 CW2018002 CW2020030 CW15015 CW2016034 CW2019022 CW2016029 CW2016019 CW2016047 CW2019012 CW2019004 CW2017001 CW2018020 CW16005 CW15019 CW2017021 CW2019003 CW2019013 CW2018008 CW2017009 CW2018014

Quarter 1
7/2020 - 9/2020 $1,998,631.61 $2,105,718.96
$190,332.63 $191,197.50 $236,457.36

Quarter 2 10/2020 - 12/2020
$2,600,292.04
$112,828.75 $282,034.52
$51,294.64

$153,948.35 $485,117.55

$642,158.14 $112,209.90
$3,884.23 $393,228.35

$357,626.44
$1,828,208.42
$5,000.00 $122,966.53 $1,148,732.25
$16,000.00

$1,421,261.90 $4,711,797.89
$581,525.04
$112,974.70 $2,767,254.69
$716,366.29

$195,222.93 $1,852,006.73
$350,464.77
$262,044.66

$114,910.02 $2,087,968.91
$321,776.00 $897,199.68 $477,874.00

$373,263.85 $302,005.67
$278,017.00
$30,263.75 $470,626.44
$74,162.59 $15,446.60 $1,527,372.93 $19,942.20 $335,929.00 $4,182,410.93
$32,410.80 $2,701,297.72
$959,843.57

$1,049,866.97 $1,515,775.04
$123,627.00
$37,851.41 $1,140,912.56
$82,808.84 $783,377.90 $187,091.30
$2,519,285.16 $1,355,210.98
$3,591,205.08 $1,575,058.08

Quarter 3 1/2021 - 3/2021
$2,607,791.20 $2,215,172.54
$15,121.25 $135,832.67
$59,725.00
$243,902.86 $333,576.95
$175,653.90
$1,517,712.06 $2,898,580.25
$237,320.52 $495,176.34
$473,185.47 $474,099.79 $4,988,973.46 $809,165.24
$39,832.92 $934,771.18 $126,213.50 $136,192.38
$30,105.00 $590,762.02 $1,213,368.30 $1,049,116.99 $213,577.09
$391,110.97 $192,915.68
$234,822.39
$585,451.99 $20,459.50
$401,358.07
$1,395,230.95 $736,236.76

Quarter 4 4/2021 - 6/2021
$681,258.59
$13,398.75 $45,143.28 $296,027.03
$1,433,419.44 $236,750.65 $19,200.00
$462,259.49 $3,576,362.44
$571,243.66 $7,500.00
$1,149,998.65 $377,965.80
$56,985.80 $72,790.39 $80,905.53
$70,300.00
$800,378.00 $662,669.11
$1,900.00 $1,481,347.37
$192,432.07
$664,521.27
$3,498,430.20 $636,498.00 $11,945.40
$1,098,153.42 $847,767.31

14

Total $7,887,973.44 $4,320,891.50
$190,332.63 $332,546.25 $699,467.83 $347,321.67
$59,725.00 $153,948.35 $886,061.00 $445,786.85 $1,437,303.67 $1,290,750.45
$19,200.00 $357,626.44 $3,401,233.45 $13,014,949.00 $1,390,089.22 $507,676.34 $235,941.23 $5,539,171.06 $1,584,431.88 $4,988,973.46 $866,151.04 $422,756.26 $4,955,652.35 $798,454.27 $1,033,392.06 $840,323.66 $590,762.02 $2,013,746.30 $3,134,916.92 $2,031,357.80 $123,627.00 $278,017.00 $393,010.97 $1,704,526.80 $470,626.44 $465,105.87 $1,215,075.15
$98,255.44 $3,560,724.09
$227,493.00 $335,929.00 $10,200,126.29 $2,393,067.05
$44,356.20 $8,785,887.17 $4,118,905.72

Attachment 7 Disbursements of CWSRF Funds by Quarter
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Quarter 1

Community

Project Number

7/2020 - 9/2020

Savannah, City of

CW14009

$289,400.00

Senoia, City of

CW2018001

Thomaston, City of

CW2016044

$88,948.45

Thomaston, City of

CW2017006

Tifton, City of

CW2019020

Toccoa, City of

CW2019001

Trion, Town of

CW2017012

$413,999.06

Unified Government of Athens-Clarke County

LC2019001

$900,000.00

Unified Government of Georgetown Quitman County WSA CW2017028

Waco, City of

CW2017033

Warren County Board of Commissioners

CW2018022

$47,999.13

Waycross, City of

CW2020002

White, City of

CW2020028

Whitfield County

CW2017007

$296,528.04

Woodbury, City of

CW2016031

Wrightsville, City of

CW14021

Total Disbursements $24,839,544.42

Quarter 2 10/2020 - 12/2020
$192,042.64 $3,430.75
$323,150.00
$126,867.57 $311,069.75 $33,327,470.72

Quarter 3 1/2021 - 3/2021
$693,223.27 $108,954.25 $278,717.90 $306,704.40
$6,575.00
$330,487.50 $40,956.70
$193,596.88 $27,931,731.09

Quarter 4 4/2021 - 6/2021
$36,745.00
$236,721.50 $5,213.56
$69,130.96 $951,754.33 $20,347,117.00

Total $289,400.00 $693,223.27 $88,948.45 $108,954.25 $278,717.90 $36,745.00 $912,746.10 $900,000.00 $6,575.00 $3,430.75 $371,149.13 $567,209.00 $46,170.26 $296,528.04 $195,998.53
$1,456,420.96 $106,445,863.23

State FY 2021 CWSRF Annual Report

15

Attachment 8 Comparison of Projected Versus Actual Disbursements
Clean Water State Revolving Fund FY 2021
July 1, 2020 - June 30, 2021

Projected Disbursements

Quarter 1

Quarter 2

Quarter 3

Quarter 4

7/2020 - 9/2020 10/2020 - 12/2020 1/2021 - 3/2021 4/2021 - 6/2021

Total

Projected FY 2021 CW Disbursements from 2019 IUP Projected FY 2021 CW Disbursements from 2020 IUP

9,453,000.00 2,200,000.00

5,602,000.00 3,750,000.00

2,050,000.00 4,650,000.00

0.00

$ 17,105,000.00

3,006,771.00 $ 13,606,771.00

Total Projected Disbursements for FY 2021 $ 11,653,000.00 $ 9,352,000.00 $ 6,700,000.00 $ 3,006,771.00 $ 30,711,771.00

Actual FY 2021 CWSRF Disbursements

$24,839,544.42

Percent Disbursed of Projected

213%

$33,327,470.72 $ 27,931,731.09 $ 20,347,117.00 $ 106,445,863.23

356%

417%

677%

347%

State FY 2021 CWSRF Annual Report

16

Community Albany, City of Bainbridge, City of Blue Ridge, City of Braselton, Town of Colquitt, City of Douglas, City of Griffin, City of Hawkinsville, City of Jesup, City of Kingsland, City of Lowndes County Lyons, City of Mitchell County Board of Commissioners Savannah, City of Trion, Town of Unified Government of Athens-Clarke County Waco, City of Warren County Board of Commissioners Whitfield County

Attachment 9 Projects Closed Clean Water State Revolving Fund
FY 2021 July 1, 2020 - June 30, 2021

Project Number CW2016015 CW2017029 CW2016012 CW2016030 CW2017030 CW2016036 CW2018002 CW2016034 CW2016029 CW2016047 CW2017001 CW16005 CW2017021 CW14009 CW2017012 LC2019002 CW2017033 CW2018022 CW2017007 Total

CWSRF Assistance Assistance Amount

Amount

Used

$15,000,000.00

$15,000,000.00

$1,055,000.00

$980,914.83

$900,000.00

$900,000.00

$753,000.00

$653,600.00

$540,000.00

$540,000.00

$2,000,000.00

$1,976,153.04

$8,000,000.00

$7,972,194.09

$2,500,000.00

$2,500,000.00

$1,794,000.00

$1,793,806.69

$2,000,000.00

$2,000,000.00

$1,734,000.00

$1,734,000.00

$14,800,000.00

$8,083,301.08

$1,750,000.00

$1,628,862.25

$28,470,000.00

$19,350,609.94

$5,500,000.00

$5,371,330.75

$900,000.00

$900,000.00

$198,000.00

$190,701.59

$513,000.00

$478,369.34

$1,600,000.00

$501,645.54

$90,007,000.00

$72,555,489.14

Percentage

Used

Loan Execution Date

100.0%

3/20/2018

93.0%

12/17/2018

100.0%

2/7/2018

86.8%

7/26/2018

100.0%

11/14/2018

98.8%

1/3/2019

99.7%

6/11/2018

100.0%

10/22/2018

100.0%

12/21/2016

100.0%

11/19/2018

100.0%

11/2/2017

54.6%

5/9/2018

93.1%

7/12/2018

68.0%

2/23/2015

97.7%

7/27/2018

100.0%

6/12/2020

96.3%

2/14/2019

93.2%

3/18/2019

31.4%

4/27/2018

80.61%

Final Close Date 3/1/2021 10/1/2020 6/1/2021 9/1/2020 11/1/2020 5/1/2021 2/1/2021 4/1/2021 10/1/2020 5/1/2021 12/1/2020 6/1/2021 8/1/2020 2/1/2021 6/1/2021 8/1/2020 11/1/2020 1/1/2021 10/1/2020

Loan Interest
Rate 0.65% 1.25% 0.89% 0.50% 1.25% 0.67% 1.25% 1.95% 0.89% 0.62% 0.81% 2.62% 2.25% 1.03% 1.87% 0.50% 2.25% 2.25% 0.70%

State FY 2021 CWSRF Annual Report

17