State of Georgia Clean Water State Revolving Fund Program 2004 annual report

STATE OF GEORGIA CLEAN WATER STATE REVOLVING LOAN FUND
PROGRAM 2004 ANNUAL REPORT
Prepared by the GEORGIA ENVIRONMENTAL FACILITIES AUTHORITY
for the U.S. ENVIRONMENTAL PROTECTION AGENCY, REGION IV
September 30, 2004

CLEAN WATER SRF ANNUAL REPORT TABLE OF CONTENTS FY 2004
INTRODUCTION ........................................................................................... 1
EXECUTIVE SUMMARY............................................................................... 1
MEETING IUP GOALS AND OBJECTIVES ................................................... 2
PROJECT PERFORMANCE MEASURES ....................................................... 3
CLEAN WATER STATE REVOLVING FUND LOANS................................... 3
Columbus Water Works (CWSRF 03-001) ......................................................................................................4 City of Covington (CWSRF 94-011)................................................................................................................4 Effingham County (CWSRF 03-003) ...............................................................................................................4 City of Gainesville (CWSRF 01-016) ..............................................................................................................4 City of Hoschton (CWSRF 02-013) .................................................................................................................5
RURAL COMMUNITY HARDSHIP GRANTS ................................................ 5
City of Claxton (CWSRF 02-001HG) ..............................................................................................................5
STATE-MATCH LOANS ................................................................................ 5
City of Commerce (CWSRF 02-003) ...............................................................................................................6
PROGRAM ADMINISTRATION (4%) ............................................................ 6
CWSRF LOAN DISBURSEMENTS................................................................. 7
CWSRF LOAN REPAYMENT ........................................................................ 7
LIST OF ATTACHMENTS
ATTACHMENT 1: SOURCES OF FUNDS BY QUARTER........................................................................................................8 ATTACHMENT 2: CWSRF REPAYMENT ACCOUNTS ........................................................................................................8 ATTACHMENT 3: COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE ...............................................................9 ATTACHMENT 4: COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE BY QUARTER .....................................10 ATTACHMENT 5: BINDING COMMITMENTS BY CATEGORY, POPULATION & DOLLAR VALUE.........................................11 ATTACHMENT 6: PERFORMANCE RESULTS OF CWSRF PROJECTS FUNDED ..................................................................12 ATTACHMENT 7: PERFORMANCE RESULTS OF CWSRF PROJECTS FUNDED (FY 2003 & FY 2004) ..............................13 ATTACHMENT 8: PERFORMANCE RESULTS OF CWSRF PROJECTS FUNDED (FY 2003 & FY 2004) CONTINUED...........14 ATTACHMENT 9: CWSRF STATE-MATCH PROJECTS ....................................................................................................15 ATTACHMENT 10: ADMINISTRATIVE EXPENSES BY CATEGORY.....................................................................................17 ATTACHMENT 11: MBE/WBE UTILIZATION.................................................................................................................18 ATTACHMENT 12: DISBURSEMENT OF CWSRF FUNDS BY QUARTER............................................................................19 ATTACHMENT 13: COMPARISON OF PROJECTED VERSUS ACTUAL DISBURSEMENTS.....................................................20 ATTACHMENT 14: PROJECTS INITIATING OPERATION....................................................................................................21 ATTACHMENT 15: CLOSING FEES RECEIVED BY QUARTER............................................................................................22

STATE OF GEORGIA CLEAN WATER STATE REVOLVING LOAN FUND
FY 2004 ANNUAL REPORT

INTRODUCTION
As required by Chapter 40 of the Code of Federal Register, Part 31.3165, Subpart K, Section 606(d), and Chapter 6 of the Clean Water State Revolving Fund (CWSRF) Management Manual of December 1988, the Georgia Environmental Facilities Authority (GEFA) submits this Annual Report for the Fiscal Year ending June 30, 2004. This report provides detailed information concerning the management and fiscal integrity of this program along with any changes to the program, or updates on the program's goals and objectives in relation to the 2003 Intended Use Plan (IUP).
GEFA was created by the Georgia General Assembly in 1986 as the successor agency for the Georgia Development Authority Environmental Facilities Program. GEFA is the central State agency for assisting local governments in financing the construction, extension, rehabilitation, repair, securitization and replacement of environmental facilities necessary for public purposes. The Governor of the State of Georgia appoints eight members of the Authority's Board and three ex-officio members designated by the Authority's enabling legislation. To properly administer the CWSRF, GEFA maintains an interagency agreement with the Georgia Department of Natural Resources Environmental Protection Division (EPD), the State's primacy agency, for certain technical and construction management services.

EXECUTIVE SUMMARY
Fiscal Year 2004 is the 11th year that the Authority has been the grant recipient of a CWSRF capitalization grant, and the 17th year that the CWSRF Program has operated in the State of Georgia. Funds received to date by Georgia's CWSRF Program from the United States Environmental Protection Agency (EPA) including Hardship Grant funds total $429,577,164. Georgia's required State-Match to date totals $85,631,468 for a grant total of $515,208,632. Attachment 1 shows the total sources of funding by quarter during FY 2004 such as project disbursements of federal funds; project disbursements of State-Match funds, federal loan repayments, State-Match repayments, closing fee repayments and the interest earnings from these three repayment streams and the interest earnings from the program's two long-term investment accounts. Attachment 2 shows the balances within these five accounts. The majority of these monies will be used to fund future projects, while the closing fee account will be used to fund future CWSRF operating costs.
The CWSRF Program entered into a record dollar value of binding commitments in FY 2004. Six new loans and one increase to an existing loan for $73,433,253, a 38% increase in funding over FY 2003. Included within these binding commitments is $66,447,335 for projects receiving direct federal assistance; $6,824,670 for a State-Match funded project; and $161,248 for a

FY 2004 CWSRF Annual Report

1

Rural Hardship Grant Project.
Attachment 3 provides additional details on each project funded including project number, permit number, assistance amount, hardship grant amount, binding commitment date, construction start date, projected initiation of operation date, population of community and loan terms. Upon project completion, all repayments including the principal and interest will be credited to the CWSRF program. Attachment 4 provides this project information by quarter. Attachment 5 displays the projects that received assistance in a format that is consistent with the National Information Management System (NIMS).
MEETING IUP GOALS AND OBJECTIVES
The 2003 IUP made reference to the Metro North Georgia Water Planning District (WPD) and the potential of funding projects through the CWSRF Program. At this juncture, the WPD is moving into an implementation phase and has identified regional projects necessary to maintain the sustainability of the greater metropolitan Atlanta area. The CWSRF's role with this initiative will be substantial, as large regional projects, such as the ones for the cities of Atlanta and Gainesville, are actively engaged in the CWSRF Program.
GEFA also made reference to providing segmented funding to larger borrower within the 2003 IUP. The IUP referenced the Columbus Water Works and GEFA's intent to fund the first $25 million of $44 million within FY 2004. That plan came to fruition during FY 2004 with a $25 contract with Columbus Water Works executed on August 16, 2003. More information about this project is provided under the Clean Water State Revolving Fund Loan section below. The 2003 IUP indicated that the second phase of this $44 million would be granted in FY 2005, but due to certain unforeseen construction delays the second phase will most likely materialize in FY 2006.
The IUP also makes note of a multi-year funding situation with the City of Atlanta. On December 23, 2003, Governor Perdue announced that, through GEFA, Atlanta would be eligible to borrow up to $50 million annually for 10 years for a total of $500,000,000 in low-cost financing for water quality and water supply infrastructure improvements. The City of Atlanta signed consent decrees to settle a federal lawsuit with the State EPD, local clean water advocates and EPA agreeing to construct subterranean viaducts that would be built to store mixed storm-water runoff and raw sewage. From those tunnels, the sewage would be pumped to treatment facilities before being returned cleaned to the Chattahoochee River by 2007. The estimated cost is $1.8 billion, though another $1.4 billion is needed to rebuild or replace antiquated water and sewer systems, which could run the total to as high as $3.2 billion. It is anticipated that roughly 60% of the state's assistance will be derived from federal sources. On May 12, 2004 the GEFA Board approved $19 million from GEFA's state-funded loan program with contract execution anticipated prior to the end of calendar 2004. The CWSRF Program expects to fund the following 2 projects equaling the first federal commitment of $31 million prior to the end of calendar 2004:
1. $14,940,000 for the Intrenchment Creek CSO Plant Upgrade, and, 2. $16,060,000 for the Custer Avenue Storage and Dechlorination Project.

FY 2004 CWSRF Annual Report

2

Another goal identified within the 2003 IUP is the need to fund more non-point source projects such as Gwinnett County's Sweetwater Creek and Upper Yellow River Watersheds Capital Improvement Plan. On May 12, 2004 the GEFA Board approved $5,000,000 for this project and it is anticipated that Gwinnett County will execute this $5 million contract prior to the end of calendar 2004.

PROJECT PERFORMANCE MEASURES
Throughout the past year, Georgia has strived to develop a set of environmental performance measures that could be used to display the environmental benefits of the CWSRF Program. Though the effort remains a work-in-progress, Georgia has been able to develop an established process to collect measurable data from all CWSRF projects funded and is pleased to report on output data collected from projects funded within FY 2003 and FY 2004. Attachment 6 shows that of the six new projects funded in FY 2004, five of those projects are to comply with applicable permits (NPDES, LAS, industrial pretreatment) and two projects will eliminate an EPD consent order. Additionally, those six projects will create 10.9 million gallons a day (MGD) of wastewater treatment capacity, upgrade over 40 MGD of wastewater treatment capacity, construct 16,225 linear feet of new sewer line and upgrade 55,600 linear feet undersized and/or deteriorating sewer line. Those six projects will also add approximately 1,210 additional customers to municipal wastewater systems across the state increasing operating revenues and will eliminate approximately 846 private septic tanks which, unregulated by EPD, could be a potential source of non-point pollution. At this point in time it is difficult to determine the miles of stream cleaned or returned to compliance due to funding these improvement projects, though the elimination of 846 septic tanks will arguably eliminate 846 potential points of pollution. Georgia intends to work with EPD and EPA toward measures that will more accurately display the positive environmental benefits of the CWSRF Program. Some of the questions Georgia is striving to answer include:
Number of fish consumption advisories eliminated as a result of CWSRF projects, Change in receiving water body pollutant levels due to loading reductions as a result of
CWSRF projects, Number of stream miles/lake acres improved or protected as a result of CWSRF projects, Name of stream segment(s) to be removed from 305(b)/303(d) List as a result of CWSRF
projects. Attachment 7 and 8 graphically display these 6 performance measures for those projects funded in FY 2003 against those projects funded in FY 2004.

CLEAN WATER STATE REVOLVING FUND LOANS

Listed below is a narrative describing the projects that received CWSRF funding within FY 2004. Each project funded was either on the Comprehensive List or Fundable List of Anticipated Loan Recipients. If the project was not the highest priority project at the time, it bypassed those higher priority projects which had not received approval. A lower priority project can bypass a higher priority project if the lower priority project has received EPD approval and is financially able to assume the debt. All six commitments were made to qualified local governments or water and sewerage authorities according to the requirements of the Georgia Department of Community Affairs (DCA) and all possess a verified Service Delivery Strategy approved by DCA. Additionally, all loan recipients have the technical, managerial, and financial capability to operate a

FY 2004 CWSRF Annual Report

3

water system. Each of the six projects was reviewed for compliance with Federal cross-cutting authorities through the Georgia State Clearinghouse and was issued a Notice of No Significant Impact (NONSI). Each project also completed a 4700-4 Certification Form and subsequently had that form approved by EPA. A description of each project funded is given below.
Columbus Water Works (CWSRF 03-001) Columbus Water Works (CWW) has identified 25 separate water quality projects in their Capital Improvement Plan totaling $44,275,400. These projects consist of rehabilitating existing sewers that have excessive infiltration and/or inflow; extending sewer to serve currently unsewered areas; providing sewer service to Fort Benning to allow for the elimination of their existing treatment plants; and providing sewer capacity to areas that have undersized sewers. There are also projects to expand the capacity of overloaded pump stations and add grit removal and odor controls at the Rocky Creek pump station; along with standby power generation at six pump stations. Additional projects include replacing obsolete equipment at the wastewater treatment plant and improving the treatment of biosolids. Based on a financial analysis CWW was eligible for the first of two phases which included a $25,000,000 loan at 3% interest. CWW will be charged a 2% closing fee of $500,000. As of the end of FY 2004, Columbus Water Works has drawn $1,518,503.30 (6%) of the contracted amount.
City of Covington (CWSRF 94-011) On June 20, 1997, the City of Covington in Newton County signed a contract for $10,285,600. Then on October 28, 1999, Covington signed an increase for an additional $3,980,439. On September 25, 2003, Covington signed a third contract increase for and additional $1,370,650 for a total commitment including the closing fee from the initial commitment of $16,004,250. This loan will expand Covington's portion of a jointly owned wastewater treatment facility (WWTF) with the Newton County Water and Sewerage Authority. The overall capacity of the WWTF will increase from 3.0 to 7.5 million gallons per day. Covington will be charged a 2% closing fee from the second and third contract of $114,913. As of the end of FY 2004, Covington has drawn $15,030,810.61 (93%) the contracted amount.
Effingham County (CWSRF 03-003) Effingham County will construct a new 1.0 MGD wastewater collection and treatment system in South Effingham County. The project is necessary in order to serve the anticipated population growth in the area. The project also has the potential to supply reuse water to the county. The project proposes a discharge of treated wastewater to the Ogeechee River when reuse customers cannot use the water. The proposed treatment plant utilizes conventional activated-sludge technology with filtration and disinfection to produce an effluent that meets reuse standards and is protective of water quality. Based on a financial analysis Effingham County was eligible for a $16,000,000 loan at 3% interest. Effingham County will be charged a 2% closing fee of $320,000. As of the end of FY 2004, Effingham County has drawn $604,911.12 (3%) of the contracted amount.
City of Gainesville (CWSRF 01-016) The City of Gainesville in Hall County will finance a massive infrastructure improvement project to reduce the amount of phosphorous being discharged into Lake Lanier and Flat Creek. The Linwood Water Pollution Control Plant (WPCP) is being expanded from 3.1 MGD to 5 MGD.

FY 2004 CWSRF Annual Report

4

Based on a financial analysis Gainesville was eligible for the first of two phases for the Linwood plant expansion. This phase includes a $21,000,000 loan at 3% interest. Gainesville will be charged a 2% closing fee of $420,000. As of the end of FY 2004, Gainesville has not drawn any of the contracted amount.
City of Hoschton (CWSRF 02-013) The City of Hoschton in Jackson County will expand and upgrade the current 0.1 MGD plant to 0.5 MGD at the existing facility location. The project is necessary in order to meet NPDES permit limits and to service the population growth in the area. The proposed treatment plant utilizes screening, increased aeration and baffles in the existing pond, micro-filtration and ultraviolet disinfection. Based on a financial analysis Hoschton was eligible for a $3,000,000 loan at 3% interest. Hoschton will be charged a 2% closing fee of $60,000. As of the end of FY 2004, Hoschton has drawn $506,237.80 (16%) of the contracted amount.
RURAL COMMUNITY HARDSHIP GRANTS
In October 1997, GEFA was awarded $1,893,100 from the Rural Community Hardship Grant Program to assist small rural communities lacking a centralized wastewater system and communities needing improvements to on-site sewage wastewater systems. Initially, nine communities were awarded grants with a companion CWSRF loan. During a July 1999 project review with the regional office, it was determined that all of the Hardship Grants were made to communities which were ineligible to receive funds. Upon formal notice from EPA, GEFA immediately ceased drawing funds from the Hardship Grant account and used other resources to honor the existing commitments. GEFA then solicited eligible communities by re-opening the Comprehensive List and amending the 1997 IUP. In June 2001 EPA approved extending the award through September 2003. During FY 2004 the remaining Rural Community Hardship Grant funds were spent and the 1997 Capitalization Grant was closed December, 31 2003. In FY 2004 the City of Claxton received the following Hardship Grant commitment:
City of Claxton (CWSRF 02-001HG) The City of Claxton in Evans County will install an under drain system in the land application fields to correct a poor drainage situation and allow for the use of portions of the fields that are currently too wet for land application. The Evans County Health Department has documented health violations as a result of failing septic tanks of 73 houses in the northern area of Claxton that date back to August 1996. Based on a financial analysis Claxton was eligible for a $76,685 loan at 3% interest and a $161,248 Hardship Grant bringing the total commitment to $237,933. Claxton will be charged a 2% closing fee of $1,534. As of the end of FY 2004, Claxton has drawn $195,157 (82%) of the contracted amount.

STATE-MATCH LOANS
Under the provisions of the Water Quality Act of 1987, each State is required to provide a 20% match requirement into the CWSRF Program. The State of Georgia has appropriated money

FY 2004 CWSRF Annual Report

5

in the form of General Obligation Bonds to serve as the 20% State-Match. A description of each State-Match project funded is listed below. Since the inception of the CWSRF program, the state's primary way of meeting the 20% State-Match requirement has been through the transfer and dedication of loans from its existing state-funded loan portfolio plus any previously overmatched certified projects (fiscal year's 1988 through 1993, 1995, 1996, 1998 and 1999) or "cash match" from General Obligation Bond funds (1994, 1997, 2000 through 2004). The total cumulative dollar value of the 71 State-Match projects is $88,550,365.07. A list of all 71 State-Match projects including the dollar value and grant year can be found in Attachment 9.
City of Commerce (CWSRF 02-003) The City of Commerce in Jackson County will expand and upgrade the Northside Wastewater Treatment Plant from 1.05 MGD to 2.1 MGD. The project is necessary to meet the needs of residential, commercial and industrial growth in the service area and to improve the reliability of the exiting facility so that it can meet permit limitations during all seasons. Based on a financial analysis Commerce was eligible for a $6,824,670 loan at 3% interest. Commerce will be charged a 2% closing fee of $136,493. As of the end of FY 2004, Commerce has drawn $4,970,482.31 (72%) of the contract amount.
PROGRAM ADMINISTRATION (4%)
In FY 2004 GEFA spent $427,128.75 and EPD spent $502,000 on program administration, totaling $929,128.75. Attachment 10 displays these figures and breaks down these figures over 9 different object categories. Administrative and programmatic services provided by EPD include: project reviews, planning, developing and updating needs surveys, project ranking, issuing Notices of No Significant Impacts statements, project construction management and project inspections. During FY 2004, the Construction Management Unit (CMU) of EPD processed 140 CWSRF project draw requests, performed 181 CWSRF project inspections and coordinated 16 Minority Business Enterprise (MBE), Women Business Enterprise (WBE) and Equal Employment Opportunity (EEO) contract approvals.
As a part of the loan agreement, all loan recipients are required to encourage the participation of small, minority and women owned businesses in all project subcontracts. The State's CWSRF Program percentage goal for Minority Business Enterprises (MBE) is 4.6% and for Women Business Enterprises (WBE), 2.7%. The actual MBE utilization percentage of 3.54% is slightly lower than the stated goal. The actual WBE utilization percentage of 1.43% is also slightly lower than the state goal. However, when combining the CWSRF and DWSRF Programs the percentage goal of 7.3% for MBE/WBE utilization was exceeded at 8.4%. These percentages are calculated by using the total funds awarded within FY 2004 less any administrative funds or setasides which are not directed toward project spending. A summary of the quarterly MBE/WBE utilization for both SRF programs during FY 2004 is displayed in Attachment 11.

CWSRF LOAN DISBURSEMENTS

The CWSRF Program disbursed funds to 26 active projects during FY 2004. Attachment 12

FY 2004 CWSRF Annual Report

6

shows those projects receiving funds by quarter. The CWSRF Program disbursed a total of $39,271,906.66 in FY 2004. Georgia would like to highlight the increase in disbursements from FY 2003 to FY 2004 as a major improvement. In comparing loan disbursements, there was a 259% increase from the $15,171,674.68 disbursed in FY 2003 to the $39,271,906.66 disbursed in FY 2004. Attachment 13 compares the projected disbursement schedules indicated within the 2001 through 2003 IUPs for FY 2004 to the actual disbursements made in FY 2004. The CWSRF Program actually disbursed 159% of what it projected within FY 2004. This 159% projected versus actual is much more accurate than the 74% projected versus actual reported in FY 2003.
CWSRF LOAN REPAYMENT
Nine projects completed the construction phase and initiated operations in FY 2004 (Attachment 14). The total dollar value of the nine projects initiating operation within FY 2004 equaled $24,345,768 of which $16,768,490, or 69%, was spent. This 69% is primarily a result of one large project which only spent 40% of its commitment. Loan recipients are required to begin repayment with a loan closing fee assessed at 2% of the loan value regardless of the amount of funds spent. Attachment 15 lists the $359,677 in loan closing fees collected within FY 2004 and the projects in which the fee was assessed. These fees were deposited into an account to be used for future operating expenses of the CWSRF program should capitalization grants cease or special initiatives develop requiring non-project funds. To maintain the self-perpetuating nature of the CWSRF fund, all repayments of principal and interest are credited to an investment account before funds are re-loaned. During FY 2004 an administrative change was implemented to all new CWSRF contracts signed where communities will now repay loans on a monthly versus quarterly basis. This change, along with the implementation of direct debit transactions, will help to significantly lower the potential for late payments and better automate the loan repayment process.
One of the national goals of the CWSRF Program is to establish a program to last in perpetuity. This goal is met each year and is evident by the $25,688,624.62 in principal and interest payments credited from federal loans and the $4,457,840.40 credited from State-Match loans in FY 2004 (Attachment 1). Also listed in Attachment 1 is the $3,407,629.42 in interest earnings from five different investment accounts: the CWSRF Repayment Fund, the CWSRF Closing Fee Fund, the CWSRF State-Match Repayment Fund, the Long-term Investment Account Repayments and the Long-term Investment Account Closing Fees.
A copy of GEFA's FY 2003 audit detailing the fiscal position (assets, liabilities, revenues, expenses and fund balances) accompanies this annual report. The audit complies with generally accepted government accounting standards and reveals the fiscal integrity of the CWSRF program. The FY 2004 audit is currently in draft form and will be sent to EPA within 60 days.

FY 2004 CWSRF Annual Report

7

ATTACHMENT 1 SOURCES OF FUNDS BY QUARTER CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Sources
Of Funds
Capitalization Grant Project Disbursements
State-Match Project Disbursements
Repayment Stream Account Project Disbursements
Repayments CWSRF Repayment Fund* CWSRF Closing Fees CWSRF Match Repayment Fund*
Investment Earings CWSRF Repayment Fund CWSRF Closing Fee Fund CWSRF Match Repayment Fund Investment Account - Repayment Investment Account - Closing Fee

Qtr 1 (7/03 - 9/03)

Qtr 2 (10/03 - 12/03)

2,166,912.52

7,649,938.96

1,632,298.19
-
6,877,024.04 3,399.00
1,092,470.65
127,326.27 2,558.50
152,986.37 196,958.06
23,649.57

2,391,804.01
30,000.00
6,026,168.71 201,744.00 695,743.09
145,749.19 2,555.12
156,155.89 204,073.13
24,506.89

Qtr 3 (1/04 - 3/04)
8,658,525.91
2,194,301.97
493,766.01
6,429,948.18 153,000.00 758,378.53
157,470.19 2,716.21
153,839.35 842,143.64 101,119.60

Qtr 4 (4/04 - 6/04)

Total

10,343,919.80 $ 28,819,297.19

3,710,439.29 $ 9,928,843.46

- $ 523,766.01

6,355,483.69 $ 25,688,624.62 1,534.00 $ 359,677.00
1,911,248.13 $ 4,457,840.40

174,192.96 $ 3,520.73 $
159,790.85 $ 693,094.37 $
83,222.53 $

604,738.61 11,350.56
622,772.46 1,936,269.20
232,498.59

*Includes late fees received

Total $ 12,275,583.17 $ 17,528,438.99 $

19,945,209.59 $ 23,436,446.35 $ 73,185,678.10

ATTACHMENT 2 CWSRF REPAYMENT ACCOUNTS CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Account CWSRF Repayment Account CWSRF Match Repayment Account CWSRF Closing Fee Account Investment Account - Repayment Investment Account - Closing Fee
*Balance as of 6/30/2004 **Investment earnings for FY 2004 only
FY 2004 CWSRF Annual Report

Total

Balance*

Investment Earnings**

Expected Uses of Funds

71,597,092.60

604,738.61 Project Funding

63,393,643.16

622,772.46 Project Funding

1,219,035.89

11,350.56 Future CWSRF Operating Costs

102,068,344.79

1,936,269.20 Project Funding

12,255,755.13

232,498.59 Future CWSRF Operating Costs

250,533,871.57 $

3,407,629.42

8

ATTACHMENT 3 COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE
CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Community
Claxton*

Permit Project Number Number CWSRF 02-001HG GA0038351

CWSRF Loan Assistance Amount 76,685

Hardship

Grant

Binding

Amount Commitment Date

161,248

7/9/2003

Construction Start Date 8/1/2003

Columbus Water Works CWSRF03-001 GA000020516

25,000,000

-

8/16/2003

10/30/2003

Covington**

CWSRF94-011 GA02-055

1,370,650

-

9/25/2003

4/1/1997

Effingham County

CWSRF03-003 GA02-016

16,000,000

-

4/12/2004

3/23/2004

Gainesville

CWSRF01-016 GA0020168

21,000,000

-

7/1/2003

11/1/2003

Hoschton

CWSRF02-013
Total Loans

GA0035980

3,000,000
$66,447,335.00 $ 161,248.00

3/25/2004

2/19/2004

Match Projects

Commerce

CWSRF02-003 GA0026247
Total Match Loans

6,824,670
$ 6,824,670.00

-

9/29/2003

8/1/2003

Grand Total

$73,433,253.00

* The loan portion of this commitment is at 3% interest. The Hardship Grant is a grant which does not require repayment. ** Covington was an increase to an existing commitments.

Projected Initiate
Operation Date 12/31/2004 10/30/2005 12/31/2004 12/30/2005 7/1/2007 8/31/2005

Population 2,276
185,781 11,547 37,535 25,578 1,070

12/1/2005

5,292

Loan Interest Date Loan
Rate Matures 3.0% 12/1/2013 3.0% 11/1/2025 3.0% 7/1/2022 3.0% 1/1/2026 3.0% 7/1/2027 3.0% 9/1/2025
3.0% 1/1/2026

FY 2004 CWSRF Annual Report

9

ATTACHMENT 4 COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE - BY QUARTER
CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Community

Project Number

Qtr 1 (7/03 - 9/03)

Claxton

CWSRF 02-001HG

237,933

Columbus Water Works CWSRF03-001

25,000,000

Covington*

CWSRF94-011

1,370,650

Effingham County

CWSRF03-003

Gainesville

CWSRF01-016

21,000,000

Hoschton

CWSRF02-013

Match Projects

Commerce

CWSRF02-003

6,824,670

Total $54,433,253.00

Binding Commitments

Qtr 2

Qtr 3

(10/03 - 12/03) (1/04 - 3/04)

3,000,000

$

- $ 3,000,000.00

Qtr 4 (4/04 - 6/04)
16,000,000
$ 16,000,000.00

Total

$

237,933.00

$ 25,000,000.00

$

1,370,650.00

$ 16,000,000.00

$ 21,000,000.00

$

3,000,000.00

$

6,824,670.00

$ 73,433,253.00

* Covington was an increase to an existing commitments.

FY 2004 CWSRF Annual Report

10

ATTACHMENT 5 BINDING COMMITMENTS BY CATEGORY, POPULATION & DOLLAR VALUE
CLEAN WATER STATE REVOLVING LOAN FUND ASSISTANCE

FY 2004 July 1, 2003 - June 30, 2004

Waterwater Treatment (212)
Secondary Treatment (Category I) Advanced Treatment (Category II) Infiltration/Inflow (Category IIIA) Sewer System Rehab. (Category IIIB) New Collector Sewers (Category IVA) New Interceptors (Category IVB) CSO Correction (Category V) Storm Sewers (Category VI) Nonpoint Source (319) Assistance Recycled Water Distribution (Category X)
Total

Number of Assistance Agreements*
1 6 1 1 1
1 11

Dollar Value

Assistance by Population Size

8,900,000 39,433,253
6,750,000 9,350,000 4,500,000

Less than 3,500: 3,500 to 9,999: 10,000 to 99,999: 1000,000 & above:
Total

4,500,000 $ 73,433,253.00

Dollar Value ($)
$ 3,237,933.00 $ 6,824,670.00 $ 38,370,650.00 $ 25,000,000.00 $ 73,433,253.00

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

Number of Assistance
Agreements/Community
Assisted 2 1 3 1 7

FY 2004 CWSRF Annual Report

11

ATTACHMENT 6 PERFORMANCE RESULTS OF CWSRF PROJECTS FUNDED*
CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Project to

comply with Project to

MGD of Wastewater

Community

Project Number

Applicable Eliminate EPD

Treatment

Permit

Consent

Constructed/Expanded

Claxton

CW02-001HG

X

Columbus Water Works CW03-001

Commerce

CW02-003

X

X

2.1

Effingham County

CW03-003

X

1

Gainesville

CW01-016

X

6.9

Hoschton

CW02-013

X

X

0.9

Total

5

2

10.9 MGD

*Only new projects funded in FY 2004. Does not include increases to existing projects.

Linear Feet of Sewer Line Constructed
11,000
5,225
16,225 Feet

MGD of Wastewater Treatment Upgraded
0.08 34.5 2.1
3.1 0.5
40.28 MGD

Linear Feet of Number of New Number of

Sewer Line Customers Added Septic Tanks

Upgraded

to System

Eliminated

170

56

55,600

270

270

520

520

250
55,600 Feet 1,210 Customers 846 Tanks

FY 2004 CWSRF Annual Report

12

Attachment 7

Performance Results of CWSRF Projects Funded (FY 2003 & FY 2004)

MGD

MGD of Wastewater Treatment Constructed or

Expanded

12

10.9 MGD

10

9 MGD

8

6

4

2

-

2003

2004

Linear Feet

18000 16000 14000 12000 10000 8000 6000 4000 2000
0

Linear Feet of New Sewer Line Constructed
16,225 Feet

0 Feet

2003

2004

MGD

MGD of Wastewater Treatment Upgraded

45

40.28 MGD

40

35

30

25 20 MGD
20

15

10

5

0 2003

2004

Linear Feet

60000 50000 40000 30000 20000 10000
0
13

Linear Feet of Sewer Line Upgraded
55,600 Feet

0 Feet

2003

2004

Attachment 8
Performance Results of CWSRF Projects Funded (FY 2003 & FY 2004)

Number of New Sewer Customers Added to the Sewer System

1400 1200

1,210 Customers

1000

800 600

400

200
0 Customers
0
2003

2004

Number of Septic Tanks Eliminated

900 800 700 600 500 400 300 200 100
0 Septic Tanks
0 2003

846 Septic Tanks
2004

Customers
Septic Tanks

14

ATTACHMENT 9 CWSRF STATE-MATCH PROJECTS
FY 1988 - 2004

Community

Project #

1 Albany

85-042-WQ

2 Americus

87-038-WQ

3 Blakely

84-010-WQ

4 Cairo

93-009-WQ

5 Calhoun

84-019-WQ

6 Calhoun

88-002-WQ

7 Calhoun

94-006-WQ

8 Calhoun

CWSRF 02-002

9 Camilla

98-L61-WQ

10 Chatsworth

90-S59-WQ

11 Chester

SRF96-002-HG

12 Clarkesville

99-L17WQ

13 Collins

CWSRF97-008

14 Columbia County 88-015-WQ

15 Conyers

95-002-WQ

16 Conyers

SRF94-017

17 Commerce

CWSRF02-003

18 Douglas

85-041-WQ

19 Dublin

84-051-WQ

20 Elberton

90-045-WQ

21 Ellaville

89-020-WQ

22 Ellijay-Gilmer Cty CWSRF98-002

23 Ellijay-Gilmer Cty 86-014-WQ

24 Fayetteville

90-005-WQ

25 Fulton County

90-048-WQ

26 Glynn County

93-003-WQ

27 Glynn County

88-035-WQ

28 Grantville

CWSRF97-015

29 Griffin

87-002-WQ

30 Gwinnett Cty

86-078-WQ

31 Hancock County CWSRF00-004

32 Henry Cty

94-L09-WQ

33 Henry Cty

SRF96-006

34 Hinesville

2001-L00WQ

35 Hogansville

90-020-WQ

36 Hogansville

89-043-WQ

37 Lee County WSA CWSRF00-019

38 Leesburg

90-044-WQ

39 Lowndes County 88-023-WQ

40 Lowndes County 97-L39-WQ

41 Millen

90-066-WQ

42 Monroe

86-102-WQ

43 Rockmart

94-030-WQ

44 Rome

89-011-WQ

45 Rome

90-S60-WQ

46 Saint Marys

CWSRF00-017

Loan Amount
711,637.87 955,782.53 407,217.13 1,466,506.46 331,000.00 1,000,000.00 1,297,930.31 4,000,000.00 1,399,140.00 397,500.00
94,655.00 1,059,405.96
250,000.00 1,000,000.00 2,000,000.00 4,032,864.00 6,824,670.00
934,500.00 1,102,752.86 1,420,732.00
249,624.50 250,000.00 827,673.78 497,461.38 2,186,917.92 500,000.00 784,971.33 212,000.00 653,145.38 937,659.13
94,655.00 2,450,000.00 2,407,359.00 2,840,000.00 1,983,454.00
191,643.26 3,200,000.00 1,080,642.44 1,000,000.00 1,120,314.10
210,750.00 1,000,000.00 1,999,682.55 1,105,263.96
414,377.37 4,750,000.00

Cap Grant Year
1990 1988 1989 1995 1990 1990 1995 2002 1999 1991 1997 2000 1999 1990 1996 1994 2003 1990 1989 1992 1991 1999 1989 1993 1992 1995 1991 1999 1988 1988 1997 1996 1997 1999 1991 1991 2000 1993 1990 1998 1992 1989 1995 1991 1991 2001

FY 2004 CWSRF Annual Report

15

ATTACHMENT 9 CWSRF STATE-MATCH PROJECTS
FY 1988 - 2004

Community
47 Savannah 48 Savannah 49 Savannah 50 Savannah 51 Savannah 52 Social Circle 53 Springfield 54 Springfield 55 Statesboro 56 Statesboro 57 Tallapoosa 58 Thomasville 59 Thomasville 60 Tifton 61 Tifton 62 Trenton 63 Trion 64 Ty Ty 65 Valdosta 66 Villa Rica 67 Warner Robins 68 Warner Robins 69 Warner Robins 70 Winder 71 Woodstock

Project #
87-033-WQ 89-048-WQ 86-019-WQ 95-L18-WQ 90-081-WQ 90-060-WQ CWSRF98-004 87-029-WQ 98-L44-WQ 90-031-WQ 90-024-WQ 84-002-WQ 85-057-WQ 98-L64-WQ 98-L45-WQ 88-057-WQ 90-010-WQ 98-L00-WQ 85-055-WQ 86-071-WQ 85-018-WQ 86-034-WQ 90-062-WQ 87-030-WQ 93-010-WQ
Total $

Loan Amount
1,000,000.00 1,000,000.00
760,394.00 2,000,000.00 1,560,000.00 1,097,588.36
173,400.00 406,492.25 1,857,450.00 2,115,222.03 306,990.00 573,541.00 820,000.00 1,217,068.00 573,617.74 1,124,734.24 501,435.00 300,000.00 1,000,000.00 696,210.00 1,147,223.27 1,042,917.23 1,794,945.53 1,105,326.35 741,920.85
88,550,365.07

Cap Grant Year
1988 1991 1988 1996 1992 1993 1999 1991 1998 1993 1993 1989 1989 1998 1998 1991 1993 1998 1990 1988 1988 1989 1993 1989 1996

FY 2004 CWSRF Annual Report

16

ATTACHMENT 10 ADMINISTRATIVE EXPENSES BY CATEGORY CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Object Category Personnel Fringe Benefits Travel Supplies Contractual Operating Expenses Computers Indirect Costs Other
Total $

4% GEFA
123,197.45 39,123.47 5,266.79
63,276.25 95,560.39
5,908.99 94,795.41
427,128.75 $

4% EPD
271,673.31 85,659.10 22,052.92 1,056.04 2,202.79
111,215.20
8,140.64 502,000.00

Total Expenditures ($)

394,870.76 124,782.57
27,319.71 1,056.04
65,479.04 206,775.59
5,908.99 94,795.41
8,140.64

$

929,128.75

FY 2004 CWSRF Annual Report

17

ATTACHMENT 11 MBE/WBE UTILIZATION

FY 2004 July 1, 2003 - June 30, 2004

CLEAN WATER STATE REVOLVING LOAN FUND

Quarter

Quarterly Summaries

FFY

SFY

MBE ($)

WBE ($)

4th Quarter (July 1 - Sept. 30, 2003)

32,528

0

1st Quarter (Oct. 1 - Dec. 31, 2003)

90,033

42,960

2nd Quarter (Jan. 1 - March 31, 2004)

186,010

95,461

3rd Quarter (April 1 - Jun 30, 2004)

451,831

170,064

TOTAL

$760,402

$308,485

PERCENTAGE GOAL

4.60%

2.70%

PERCENTAGE ACTUAL*

3.54%

1.43%

TOTAL ($)
32,528 132,993 281,471 621,895 $1,068,887 7.30% 4.97%

*Percentage Actual is calculated by using the funds awarded within FY 2004 for the CWSRF less 4% Administration.

CLEAN WATER & DRINKING WATER STATE REVOLVING LOAN FUND

Quarter

Quarterly Summaries

FFY

SFY

MBE ($)

WBE ($)

4th Quarter (July 1 - Sept. 30, 2003)

77,771

617,100

1st Quarter (Oct. 1 - Dec. 31, 2003)

227,596

196,057

2nd Quarter (Jan. 1 - March 31, 2004)

635,258

434,197

3rd Quarter (April 1 - Jun 30, 2004)

712,831

579,491

TOTAL

$1,653,456

$1,826,845

PERCENTAGE GOAL

4.60%

2.70%

PERCENTAGE ACTUAL*

3.99%

4.41%

TOTAL ($)
694,871 423,653 1,069,455 1,292,322 $3,480,301 7.30% 8.40%

*Percentage Actual is calculated by using funds awarded within FY 2004 for the CWSRF & DWSRF capitalization grants less 4% administration money and DWSRF set-asides.

FY 2004 CWSRF Annual Report

18

ATTACHMENT 12 DISBURSEMENT OF CWSRF FUNDS BY QUARTER
CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Community

Project #

Qtr 1 (7/03 - 9/03)

Qtr 2 (10/03 - 12/03)

Qtr 3 (1/04 - 3/04)

Gainesville Gainesville

CWSRF01-017 CWSRF01-018

321,681.03

2,083,377.59 1,430,283.16

3,625,870.41 402,692.69

Calhoun* Pooler

CWSRF02-002 CWSRF02-007

300,953.00 602,415.33

77,090.00 1,197,282.04

101,045.00 705,966.07

Clayton County WA Hoschton

CWSRF02-008 CWSRF02-013

856,593.52

684,590.21

Rincon Columbus Water Works

CWSRF02-014 CWSRF03-001

232,173.27

676,895.54 205,627.76

744,003.19 1,032,825.78

Effingham County Covington Chester*

CWSRF03-003 CWSRF94-011 CWSRF96-002

239,783.18 2,611.84

993,940.47

Columbus Water Works Cartersville

CWSRF97-001 CWSRF97-003

243,340.30 393,657.62

95,683.89 87,263.92

81,806.99 2,533.37

Cave Springs** Swainsboro

CWSRF98-003 CWSRF98-006

35,992.67

30,000.00

Griffin** Calhoun

CWSRF98-007NP CWSRF99-001

250,753.77

569,326.83

493,766.01 384,296.73

Hancock County* Hinesville*

CWSRF00-004HG 2001-L00WQ

161,540.10

458,560.33 175,035.78

69,470.04

Camilla* Saint Marys*

98-L61WQ CWSRF00-017

88,603.75 1,081,201.34

15,599.26 794,667.94

511,359.49

Commerce* Lee County Utilities*

CWSRF02-003 CWSRF00-019

868,238.86

1,484,427.44 28,000.00

Davisboro Keysville Claxton

CWSRF00-002HG CWSRF00-003HG CWSRF02-001HG

86,898.53

12,664.53 195,157.00

Total $

3,799,210.71 $

10,071,742.97 $ 11,346,593.89 $

* Match Project ** Disburesement funded from repayment stream

Qtr 4 (4/04 - 6/04)
3,551,607.09 $ 259,163.44 $ $
1,217,236.41 $ 2,578,849.76 $
506,237.54 $ 635,486.68 $ 280,049.76 $ 604,911.12 $ 413,463.51 $
$ 265,175.71 $
900.28 $ $ $ $
30,838.50 $ 28,864.92 $
$ $ 1,063,758.36 $ 2,617,816.01 $ $ $ $ $ 14,054,359.09 $

Total
9,260,855.09 2,413,820.32
479,088.00 3,722,899.85 4,120,033.49
506,237.54 2,288,558.68 1,518,503.30
604,911.12 1,647,187.16
2,611.84 686,006.89 484,355.19
30,000.00 35,992.67 493,766.01 1,235,215.83 718,435.39 175,035.78 104,203.01 3,450,987.13 4,970,482.31 28,000.00 12,664.53 86,898.53 195,157.00 39,271,906.66

FY 2004 CWSRF Annual Report

19

ATTACHMENT 13 COMPARISON OF PROJECTED VERSUS ACTUAL DISBURSEMENTS
CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Projected Disbursements

(7/03 - 9/03) (10/03 - 12/03) (1/04- 3/04) (4/04 - 6/04)

Projected FY 2004 CWSRF Disbursements from 2001 IUP

2,067,570.00

1,615,570.00

1,615,570.00

1,250,359.00

Projected FY 2004 CWSRF Disbursements from 2002 IUP

11,122,689.00

500,000.00

500,000.00

500,000.00

Projected FY 2004 CWSRF Disbursements from 2003 IUP

700,000.00

1,300,000.00

3,500,000.00

-

Total Projected Disbursements for FY 2003 $ 13,890,259.00 $ 3,415,570.00 $ 5,615,570.00 $ 1,750,359.00 $

Total
6,549,069.00 12,622,689.00
5,500,000.00 24,671,758.00

Actual FY 2004 CWSRF Disbursements

$ 3,799,210.71 $ 10,071,742.97 $ 11,346,593.89 $ 14,054,359.09 $ 39,271,906.66

Percent Disbursed of Projected

27%

295%

202%

803%

159%

FY 2004 CWSRF Annual Report

20

ATTACHMENT 14 PROJECTS INITIATING OPERATION CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Community

CWSRF Assistance

Project Number

Amount

Assistance Amount Used

Percentage Used

Atlanta

CWSRF98-001

11,700,000.00

4,644,097.42

40%

Chester

CWSRF96-002

1,514,853.00

1,514,774.06

100%

Claxton*

CWSRF02-001HG

237,933.00

195,157.00

82%

Davisboro*

CWSRF00-002

300,000.00

287,335.47

96%

Griffin

CWSRF98-007

2,814,701.00

2,791,822.68

99%

Keysville*

CWSRF00-003

983,152.00

983,152.00

100%

Lee County Util. Auth. CWSRF00-019

3,200,000.00

3,200,000.00

100%

Soperton**

CWSRF97-005

311,004.00

311,004.00

100%

Swainsboro

CWSRF98-006

3,284,125.00

2,841,147.37

87%

Total $ 24,345,768.00 $ 16,768,490.00

69%

* The loan portion of this loan is at the Loan Interest Rate shown above while the Hardship Grant portion is a grant. ** In the 2000 Annual Report this project was reported as Initiating Operation at a value of $61,004. The project was reopened and spent an additional $250,000. The official closed value of $311,004 is reported here.

Binding Commitment
Date 6/18/2002 4/30/1999 7/9/2003 8/1/2001 12/8/1998 8/7/2001
12/14/2001 5/4/1998 2/14/2000

Initiate Operation Date
12/31/2003 10/31/2003 11/30/2003 11/30/2003 2/29/2004 8/31/2003 2/29/2004 8/31/2003 7/31/2003

Loan Interest
Rate 3.0%
3.36% 3.0% 3.0%
3.75% 3.0% 3.0%
3.75% 3.0%

FY 2004 CWSRF Annual Report

21

Community
Claxton Lee County Utilities Davisboro Keysville Griffin Atlanta

ATTACHMENT 15 CLOSING FEES RECEIVED BY QUARTER CLEAN WATER STATE REVOLVING LOAN FUND

FY 2004 July 1, 2003 - June 30, 2004

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Project # (7/03 - 9/03) (10/03 - 12/03) (1/04 - 3/04) (4/04 - 6/04)

CWSRF02-001HG CWSRF00-019

32,000.00

32,000.00

1,534.00 $ $

CWSRF02-001

450.00

450.00

$

CWSRF00-003HG

2,949.00

$

CWSRF98-007NP

52,294.00

4,000.00

$

CWSRF98-001

117,000.00

117,000.00

$

Total $

3,399.00 $ 201,744.00 $ 153,000.00 $

1,534.00 $

Total
1,534.00 64,000.00
900.00 2,949.00 56,294.00 234,000.00 359,677.00

FY 2004 CWSRF Annual Report

22