STATE OF GEORGIA CLEAN WATER STATE REVOLVING FUND PROGRAM STATE FISCAL YEAR 2013 ANNUAL REPORT Prepared by the GEORGIA ENVIRONMENTAL FINANCE AUTHORITY For the U.S. ENVIRONMENTAL PROTECTION AGENCY, REGION IV September 30, 2013 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 2013 INTRODUCTION ........................................................................................ 1 EXECUTIVE SUMMARY ............................................................................ 1 ADDITIONAL SUBSIDIZATION PROJECTS ............................................... 2 CITY OF JASPER (CWSRF 12-006)............................................................................................................................. 2 CITY OF MOULTRIE (CWSRF 11-002) ....................................................................................................................... 2 CITY OF SYLVESTER (CWSRF 12-002)...................................................................................................................... 2 CITY OF THOMASVILLE (CWSRF 11-004) ................................................................................................................. 3 GREEN PROJECTS ..................................................................................... 3 CITY OF MOULTRIE (CWSRF 11-005) ....................................................................................................................... 3 CITY OF THOMASVILLE (CWSRF 11-006) ................................................................................................................. 3 BASE CWSRF PROJECTS ........................................................................... 3 CITY OF HAMPTON (CWSRF 12-001) ........................................................................................................................ 3 CITY OF MCDONOUGH (CWSRF 11-007) .................................................................................................................. 3 CITY OF NASHVILLE (CWSRF 10-001)...................................................................................................................... 4 CITY OF RICHMOND HILL (CWSRF 09-095).............................................................................................................. 4 MEETING IUP GOALS AND OBJECTIVES.................................................. 4 PROGRAM ADMINISTRATION (4 PERCENT) ............................................ 5 CWSRF NON-PROGRAM INCOME ............................................................. 5 DBE PARTICIPATION ................................................................................ 5 CWSRF LOAN DISBURSEMENTS .............................................................. 6 CWSRF STATE MATCH ............................................................................. 6 CWSRF LOAN REPAYMENT ...................................................................... 6 ASSURANCES AND SPECIFIC PROPOSALS............................................... 7 LIST OF ATTACHMENTS ATTACHMENT 1: SOURCES AND USES OF FUNDS BY QUARTER ...................................................................................... 8 ATTACHMENT 2: CWSRF REPAYMENT ACCOUNTS ....................................................................................................... 8 ATTACHMENT 3: COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE ............................................................. 9 ATTACHMENT 4: BINDING COMMITMENTS BY CATEGORY, POPULATION & DOLLAR VALUE ...................................... 10 ATTACHMENT 5: ADMINISTRATIVE EXPENSES BY CATEGORY ..................................................................................... 11 ATTACHMENT 6: DBE UTILIZATION ............................................................................................................................ 12 ATTACHMENT 7: DISBURSEMENT OF CWSRF FUNDS BY QUARTER ............................................................................ 13 ATTACHMENT 8: COMPARISON OF PROJECTED VERSUS ACTUAL DISBURSEMENTS ..................................................... 14 ATTACHMENT 9: PROJECTS INITIATING OPERATION .................................................................................................... 15 ATTACHMENT 10: CWSRF CAPITALIZATION GRANTS AVAILABLE & SPENT .............................................................. 16 STATE OF GEORGIA CLEAN WATER STATE REVOLVING FUND PROGRAM STATE FISCAL YEAR 2013 ANNUAL REPORT INTRODUCTION The Clean Water State Revolving Fund (CWSRF) program provides assistance to wastewater, nonpoint source, and estuary projects for the improvement of water quality in Georgia as aligned with the objectives of the Federal Clean Water Act of 1972, as amended. A broad range of water quality and wastewater treatment projects are covered by this program such as projects for the construction or expansion of wastewater treatment facilities and installation of sewer lines and sewer rehabilitation. As required by Chapter 40 of the Code of Federal Register, Part 31.3165, Subpart K, Section 606(d), 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, 2013. This report provides detailed information concerning the management and fiscal integrity of this program, along with any changes to the program, or updates to the program's goals and objectives in relation to the 2012 Intended Use Plan (IUP). The Georgia Environmental Finance Authority was created by the Georgia General Assembly in 1986 as the successor agency to the Georgia Development Authority Environmental Facilities Program. GEFA serves as the central state agency for assisting local governments in financing the construction, extension, rehabilitation and replacement and securitization of public works facilities. The governor of Georgia appoints eight members to the GEFA board of directors and three ex-officio members are designated by the Authority's enabling legislation. The Georgia Environmental Protection Division (EPD) provides certain construction management and professional services for the CWSRF Program. These services include: project reviews and approvals; planning; project development; information tracking; information gathering and development of the National Needs Survey; issuing Notices of No Significant Impacts (NONSI) and Categorical Exclusions (CE); construction management; Disadvantaged Business Enterprise (DBE) requirement; compliance project inspections; and assistance with the National Information Management System (NIMS) as well as certain sections of the Clean Water Benefits reporting database. EXECUTIVE SUMMARY On March 20, 2012, GEFA submitted an IUP and application for the 2012 CWSRF grant. Also, on February 8, 2013, GEFA submitted an IUP and application for the 2013 CWSRF grant. The 2012 grant was awarded on April 26, 2012, for $28,675,200 while the 2013 grant was not awarded before the end of state FY 2013. Funds received to date by Georgia's CWSRF Program from EPA total $680,742,111 with an additional $24,672,170 net transfers from the DWSRF Program. Georgia's required state match to date totals $121,656,417 for a grand total of $827,070,698. Attachment 1 displays the total sources of funds by quarter during state FY 2013 including federal grant funds, state match contributions, repayments from direct federal loans, repayments from state match 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 State FY 2013 CWSRF Annual Report 1 EPA Fee Guidance released in October 2005. Currently, some Non-Program Income is used to fund portions of EPD's water quality program, including field staff, lab testing, and standards development. Attachment 1 also displays the uses of funds by quarter. Attachment 2 displays the balances within these accounts as of June 30, 2013. The CWSRF Program executed eight new loans in state FY 2013 and provided an increase to two existing loans for a total of $30,746,147. This total assistance includes $28,464,647 in lowinterest loans and $2,281,500 in principal forgiveness. Additionally, the CWSRF Program funded two projects for a total of $5,500,000 which met the qualifications for the Green Project Reserve. Attachment 3 provides a list of all loans executed in state FY 2013. Attachment 4 displays information about these eight projects in the format of the National Information Management System (NIMS). Lastly, GEFA and EPD have collectively entered all necessary information into the Clean Water Benefits reporting database for all projects funded through state FY 2013. All 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 recipients possess a verified Service Delivery Strategy approved by DCA. Additionally, all loan recipients have the technical, managerial, and financial capability to operate a sewer system. Each project was also reviewed in accordance with the EPA-approved State Environmental Review Process (SERP) and was issued a Notice of No Significant Impact (NONSI) or Categorical Exclusion (CE). All CWSRF projects completed a 4700-4 Certification Form and subsequently had that form approved by EPA. Below is a short write-up for each of the projects funded in state FY 2013. ADDITIONAL SUBSIDIZATION PROJECTS City of Jasper (CWSRF 12-006) On January 24, 2013, Jasper signed a $1,800,000 assistance agreement including $140,000 in principal forgiveness to modify the existing aeration basin at their wastewater treatment plant, install chemical feed systems, convert existing chlorine contact chamber to ultraviolet disinfection unit and construct effluent tertiary filters to meet the new permit limits for phosphorus and chlorine residual. As of the end of state FY 2013, Jasper had not drawn any of this commitment. City of Moultrie (CWSRF 11-002) On August 28, 2012, Moultrie signed a $6,100,000 assistance agreement including $500,000 in principal forgiveness to complete the second phase of a project to achieve compliance with GA EPD Consent Order EPD-WQ-4748. Phase one was constructed to equalize flow into the plant. With the equalization and surge basins in place and providing the steady-state conditions for optimum treatment, the nutrient components of the consent order have been addressed. This second phase will address the total suspended solids component by replacing the post biological processes of the treatment plant by adding clarification and by replacing filtration equipment. As of the end of state FY 2013, Moultrie had not drawn any of this commitment. City of Sylvester (CWSRF 12-002) On January 15, 2013, Sylvester signed a $1,415,000 assistance agreement including $141,500 in principal forgiveness to rehabilitate and/or replace existing sanitary sewer lines, upgrade State FY 2013 CWSRF Annual Report 2 existing lift stations, and upgrade existing influent lift stations at both of the city's wastewater treatment facilities. As of the end of state FY 2013, Sylvester had not drawn any of this commitment. City of Thomasville (CWSRF 11-004) On November 8, 2012, Thomasville signed a $11,391,000 assistance agreement including $500,000 in principal forgiveness to complete three different projects across its sewer system: 1) replacement of sewer lines and manholes throughout the system to address inflow and infiltration problems, 2) replacement of aging lift stations throughout the system including replacing aging pumps, replacing wet wells and valve boxes and re-alignment of gravity discharge wells, and 3) replacement, refurbishment or renovation of several components of the wastewater treatment facility. As of the end of state FY 2013, Thomasville had drawn $185,882.55 of this commitment GREEN PROJECTS City of Moultrie (CWSRF 11-005) On August 28, 2012, Moultrie signed a $2,750,000 assistance agreement including $500,000 in principal forgiveness to replace aging meters with new meters that can be read remotely, eliminating the need for meter readers to manually read water meters on a monthly basis. The second part of the project will conserve energy by replacing aging wastewater pump motors with premium efficiency motors at the wastewater treatment plant. As of the end of state FY 2013, Moultrie had drawn $2,036,351.20 of this commitment. City of Thomasville (CWSRF 11-006) On July 2, 2012, Thomasville signed a $2,800,000 assistance agreement including $500,000 in principal forgiveness to upgrade the city's wastewater treatment plant. The upgrade will include the replacement of the mixers and covers on the existing anaerobic sludge digesters. The existing anaerobic sludge digesters are old and they do not currently produce enough methane to operate the heat exchanger. The upgraded anaerobic sludge digesters will save 1,350,000 KWh per year compared to an aerobic digester process. As of the end of state FY 2013, Thomasville had drawn $1,220 of this commitment. BASE CWSRF PROJECTS City of Hampton (CWSRF 12-001) On August 20, 2012, Hampton signed an $885,688 assistance agreement to complete the Thompson Creek Force Main Phase II project. This project will construct a 12-inch wastewater force main that will connect the existing Thompson Creek Wastewater Pump Station to Hampton's wastewater treatment plant. As of the end of state FY 2013, Hampton had drawn $481,099.03 of this commitment. City of McDonough (CWSRF 11-007) On February 27, 2013, McDonough signed a $3,000,000 assistance agreement to rehabilitate portions of the city's sewer system experiencing significant inflow and infiltration. The work State FY 2013 CWSRF Annual Report 3 consists of rehabilitating 8-inch gravity sewer, 10-inch gravity sewer, 12-inch gravity sewer and manholes complete with all appurtenances. The work will include cured-in-place lining of existing sewers and manholes and point repairs to existing sewers and manholes. As of the end of state FY 2013, McDonough had not drawn any of this commitment. City of Nashville (CWSRF 10-001) On June 5, 2013, Nashville signed a $350,000 assistance agreement, increasing an existing $6,348,000 loan to fund construction of a new wastewater treatment plant for the city of Nashville. As of the end of state FY 2013, Nashville had drawn $6,638,863.85 of the total commitment. City of Richmond Hill (CWSRF 09-095) On August 27, 2012, Richmond Hill signed a $254,459 assistance agreement, increasing an existing $2,933,041 loan to fund construction of new pump stations and rehabilitation of the collection system. As of the end of state FY 2013, Richmond Hill had drawn $2,603,921.29. MEETING IUP GOALS AND OBJECTIVES The 2012 CWSRF IUP listed two goals for the program. The first goal listed in the 2012 IUP was: The program will work toward increasing its pace in comparison to the national average. According to the FY 2011 NIMS database, Georgia's CWSRF program had an 85 percent rate for the pace indicator of "SRF Disbursements as a Percent of Funds Available." To accomplish this goal, Georgia will work to close projects at a faster rate thus spending CWSRF funds at an increased pace. Georgia has been successful in increasing this pace percentage over the last few years and hopes to continue this increase. Status: While the CWSRF program has been very successful at reducing any unliquidated obligations within the program, the metric of "SRF Disbursements as a Percent of Funds Available" slipped somewhat in FY 2012 at 84% and 79% in FY 2013. The second goal listed in the 2012 IUP was: The CWSRF Program will work toward reducing the unliquidated obligations of the CWSRF program and work to close the 2010 and 2011 CWSRF grants in a timely manner. GEFA recently funded a $35 million project to Cobb County as well as a $40 million project to the city of Atlanta. Both of these projects will be funded from grant dollars rather than repayment dollars in order to spend down the 2010 and 2011 grants. This approach should allow GEFA to close the 2010 CWSRF grant in May 2012 and the 2011 grant in August 2012. Status: In FY 2013, the 2010 and 2011 grant were both closed. GEFA will continue to keep unliquidated obligations to a minimum within the program. As of June 30, 2013, only the 2012 grant remained open with only administrative dollars remaining. We expect to close the 2012 grant once the 2013 State FY 2013 CWSRF Annual Report 4 grant is received. GEFA strives to only keep one grant open at any given time. PROGRAM ADMINISTRATION (4 PERCENT) In state FY 2013, GEFA spent $856,279.03 on program administration of the CWSRF Program while EPD charged $810,575.03 to the program operations contract with GEFA. Attachment 5 displays expenditures associated with program administration broken down by object category. During state FY 2013, the Construction Management Unit (CMU) of EPD processed 92 CWSRF project draw requests and performed 191 project inspections. CWSRF NON-PROGRAM INCOME In state FY 2013, GEFA spent $932,200.37 in CWSRF Non-Program Income in support of the state's water quality monitoring, testing, and standards development efforts. Attachment 5 shows the breakout of these dollars. DBE PARTICIPATION As a part of GEFA's 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 goals through September 30, 2013, are 4.0 percent for Minority Business Enterprises (MBE) and 4.0 percent for Women Business Enterprises (WBE). A summary of the DBE utilization is displayed in Attachment 6. Due to the reporting change of the DBE numbers to EPA from quarterly reporting to semi-annually reporting, the data provided in Attachment 6 is for the reporting period of April 1, 2012 March 31, 2013. There has been a tremendous effort on the part of the Environmental Protection Division (EPD) 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 Clean Water and Drinking Water SRF programs. DBE's are alerted of GEFA's approved projects as soon as they appear in the transmittal log so that subcontractors can inquire about and prepare for these projects prior to bid date. Subcontractors are additionally urged to pursue EPA/DOT/SBA certification and EPD has made themselves available to answer questions and assist subcontractors in the application process. EPD also keeps an in-house bidders list of certified DBE subcontractors who have worked on previous projects to be supplied to and utilized by prime contractors that are seeking qualified DBEs. In considering whether firms could subcontract with DBEs, EPD encourages prime contractors to follow the Six Good Faith efforts to solicit the services of minority and women-owned businesses and will withhold approval for a project if there is insufficient documentation that the efforts were met. Prime contractors are also provided with an example of an EPA approved newspaper advertisement and an example of a solicitation letter in efforts to eliminate generic newspaper advertisements and poorly written letters. Prime contractors are further supplied with a link for the available DBEs on the State FY 2013 CWSRF Annual Report 5 Georgia DOT website and the Bidders list that is kept-in house, as well as names/addresses/numbers of contacts in the Small Business Administration, the Minority Business Development Agency, the Department of Commerce and other related agencies and associations throughout the state. Guidance is also provided in all related construction contracts to encourage prime contractors to divide work when feasible. CWSRF LOAN DISBURSEMENTS The CWSRF Program disbursed funds to 25 active projects during state FY 2013. Attachment 7 shows the projects which received funds by quarter in state FY 2013. The CWSRF Program disbursed a total of $59,027,283.33 in state FY 2013. Attachment 8 compares the projected disbursement schedules indicated within the 2011, 2012 and 2013 IUPs for state FY 2013 against the actual disbursements made in state FY 2013. The CWSRF Program disbursed 112 percent of what it projected it would disburse in state FY 2013. CWSRF STATE MATCH During state FY 2013, all projects which received federal capitalization grant dollars were funded with 80 percent federal dollars and 20 percent state match dollars. This disbursement scenario will inevitably result in an "over-match" as 20 percent state match disbursement is higher than the minimum required 17 percent for the CWSRF program. GEFA has re-visited this state match process and is currently considering implementing a new process whereby state match funds are disbursed before federal funds. With the implementation of a new loan servicing software, this new approach will closely align with EPA's suggested methodology. GEFA received sufficient general obligation bond funds from the state to match the CWSRF program at 20 percent. These bond funds were deposited into the CWSRF fund before the date in which the grant payment was made. Attachment 1 shows the amount of state match funds provided during state FY 2013 by quarter. CWSRF LOAN REPAYMENT Fourteen CWSRF projects initiated operation during state FY 2013 (Attachment 9). The total dollar value awarded to these fourteen projects equaled $147,067,070.00 of which $128,309,298.32, or 87 percent, was disbursed. The total amount of repayments credited to the CWSRF fund during state FY 2013 from all sources was $155,072,436.10 and can be found within Attachment 1 (total of federal and state-match repayments). These sources of repayment include principal and interest payments and late fee payments. To maintain the self-perpetuating nature of the CWSRF fund, all repayments including the principal, interest and fees are credited to the CWSRF Program. Attachment 1 also shows that $770,260.72 in closing fees (Program Income and Non-Program Income) were collected during the state fiscal year. GEFA directed these fees into the Program Income and Non-Program Income accounts according to EPA policy. State FY 2013 CWSRF Annual Report 6 ASSURANCES AND SPECIFIC PROPOSALS The CWSRF Program will adhere to all the certifications covered in the Act as well as those within Georgia's Operating Agreement with the Regional EPA office. The specific certifications are: A. Introduction and General Program Management Assurances B. Clean Water State Revolving Loan Fund - An Instrumentality of the State a. State Law b. Interagency Agreements C. Capitalization Grant Acceptance D. Payment Schedule E. State Matching Funds F. Commitment of 120 percent in One Year G. All Funds - Timely Expenditure H. Enforceable Requirements of the Act I. Cross Cutting Issues J. State Law and Procedures K. State Accounting and Auditing Procedures L. Recipient Accounting and Auditing Procedures M. Annual Report N. Limitations on Eligibility O. Maintain the Fund P. Perpetuity Q. Types of Assistance R. Limitation of Double Benefits S. Consistency with Planning Requirements T. Priority List U. Annual Audit V. Annual Federal Oversight Review and Technical Assistance W. Dispute Resolution X. Transfer of Funds between SRF Programs A copy of GEFA's FY 2013 audited financial data is provided under separate cover. State FY 2013 CWSRF Annual Report 7 ATTACHMENT 1 SOURCES AND USES OF FUNDS BY QUARTER CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Quarter 1 Quarter 2 7/2012 - 9/2012 10/2012 - 12/2012 Quarter 3 1/2013 - 3/2013 Quarter 4 4/2013 - 6/2013 Total Sources Direct Capitalization Grant Funds (Accrual Basis) State Match Funds Repayments Collected (Cash Basis) CWSRF Federal Repayments CWSRF State-Match Repayments Fees Collected (Cash Basis) Closing fee payments (program) Closing fee payments (non-program) Investment Earnings (Short & Long-term) CWSRF Federal Repayment Fund CWSRF State-Match Repayment Fund Closing fee payments (program) Closing fee payments (non-program) Total Sources $ Uses CWSRF Disbursements - Cap grant CWSRF Disbursements - State Match CWSRF Disbursements - Repayments CWSRF Administration (4%) CWSRF Program Income CWSRF Non-Program Income Total Uses $ 4,914,374.41 1,366,913.30 16,644,382.14 2,254,378.76 135,821.42 178,955.36 48,531.61 27,025.98 10,247.23 886.38 25,581,516.59 $ 4,780,154.68 1,366,913.30 185,193.01 134,219.73 9,308.09 58,291.57 6,534,080.38 $ 16,481,160.70 2,410,540.84 21,728,054.68 4,298,818.64 130,240.92 32,560.26 66,235.50 31,623.84 11,587.20 959.34 45,191,781.92 $ 15,974,216.36 2,410,540.84 1,893,663.86 506,944.34 23,630.38 91,821.76 20,900,817.54 $ 10,430,725.12 2,921,366.81 35,115,215.24 2,192,324.56 125,158.00 31,289.53 12,298,535.43 $ 44,124,795.66 2,126,138.18 $ 8,824,959.13 69,253,431.13 $ 142,741,083.19 3,585,830.99 $ 12,331,352.95 108,988.17 $ 27,247.06 $ 500,208.51 270,052.21 64,376.91 27,808.56 9,948.95 770.69 50,918,984.37 $ 78,316.20 $ 257,460.22 26,309.96 $ 112,768.34 9,194.53 $ 40,977.91 464.96 $ 3,081.37 87,514,456.61 $ 209,206,739.49 9,993,423.76 2,921,366.81 2,557,522.81 437,301.36 5,935.88 104,988.32 16,020,538.94 $ 11,710,146.80 $ 2,126,138.18 $ - $ 588,388.63 $ 68,020.68 $ 677,098.72 $ 15,169,793.01 $ 42,457,941.60 8,824,959.13 4,636,379.68 1,666,854.06 106,895.03 932,200.37 58,625,229.87 ATTACHMENT 2 CWSRF REPAYMENT ACCOUNTS CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Account CWSRF Federal Repayment Fund CWSRF State-Match Repayment Fund CWSRF Closing Fee (Non-prog. Income) CWSRF Closing Fee (Program Income) *Balance as of 06/30/2013 Total $ Balance* 236,009,086.80 66,667,871.14 505,497.50 22,346,343.23 325,528,798.67 Investment Earnings Expected Uses of Funds 257,460.22 Project Funding 112,768.34 Project Funding 3,081.37 Water Quality Related Activities 40,977.91 Project Funding $ 414,287.84 State FY 2013 CWSRF Annual Report 8 ATTACHMENT 3 COMMUNITIES RECEIVING CWSRF FINANCIAL ASSISTANCE CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Community Hampton Jasper McDonough Moultrie Moultrie Nashville* Richmond Hill* Sylvester Thomasville Thomasville Project Number CW 12-001 CW 12-006 CW 11-007 CW 11-002 CW 11-005 CW 10-001 CW 09-095 CW 12-002 CW 11-004 CW 11-006 Population 6,987 3,684 22,084 14,268 14,268 4,697 10,280 6,188 18,413 18,413 Zip Code 30228 30143 30253 31776 31776 31639 31324 31791 31792 31792 *Increase to exsiting project Total Project Type Assistance Agreement Base 885,688.00 Additional Subsidization 1,800,000.00 Base 3,000,000.00 Additional Subsidization 6,100,000.00 Green 2,750,000.00 Base 350,000.00 Base 254,459.00 Additional Subsidization 1,415,000.00 Additional Subsidization 11,391,000.00 Green 2,800,000.00 $ 30,746,147.00 $ Loan Amount 885,688.00 1,660,000.00 3,000,000.00 5,600,000.00 2,250,000.00 350,000.00 254,459.00 1,273,500.00 10,891,000.00 2,300,000.00 28,464,647.00 Principal Forgiveness Amount 140,000.00 500,000.00 500,000.00 141,500.00 500,000.00 500,000.00 $ 2,281,500.00 Green Project Reserve Amount 2,750,000.00 2,800,000.00 $ 5,550,000.00 Projected Binding Initiate Commitment Date Operation Date 8/20/2012 1/1/2014 1/24/2013 10/1/2014 2/27/2013 5/1/2014 8/28/2012 1/1/2015 8/28/2012 10/1/2013 6/5/2013 10/1/2013 8/27/2012 1/1/2014 1/15/2013 6/1/2014 11/8/2012 1/1/2015 7/2/2012 1/1/2015 Loan Interest Rate 2.13% 1.82% 1.40% 2.13% 1.23% 3.00% 2.91% 1.82% 2.13% 2.13% State FY 2013 CWSRF Annual Report 9 ATTACHMENT 4 BINDING COMMITMENTS BY CATEGORY, POPULATION & DOLLAR VALUE CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Project Type Number of Projects* Dollar Value ($) Assistance by Population Size Secondary Treatment (I) Advanced Treatment (II) Infiltration/Inflow (IIIA) Sewer System Rehab (IIIB) New Collecter Sewers (IVA) 4 13,159,600 Less than 3,500: 1 6,100,000 3,500 to 9,999: 1 1,375,000 10,000 to 99,999: 3 9,225,859 1000,000 & above: Total New Interceptors (IVB) 1 885,688 CSO Correction (V) Storm Sewers (VI) Recycled Water Distribution (X) 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) Unclassified Total 10 $ 30,746,147.00 *Assistance Agreements may be counted in more than one category when they fund more than one category. Dollar Value ($) Number of New Assistance Agreements 3 4,705,147 5 26,041,000 8 $ 30,746,147.00 State FY 2013 CWSRF Annual Report 10 ATTACHMENT 5 ADMINISTRATIVE EXPENSES BY CATEGORY CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 4% - GEFA Object Category Personnel Fringe Benefits Travel Contractual Operating Expenses Indirect Costs 274,752.89 141,086.03 10,314.31 109,323.74 51,362.57 269,439.49 Total $ 856,279.03 4% - EPD 810,575.03 $ 810,575.03 Program Income 99,725.00 7,170.03 $ 106,895.03 Non-Program Income 931,671.20 529.17 $ 932,200.37 Total Expenditures $ 274,752.89 $ 141,086.03 $ 10,314.31 $ 1,951,294.97 $ 59,061.77 $ 269,439.49 $ 2,705,949.46 State FY 2013 CWSRF Annual Report 11 ATTACHMENT 6 DBE UTILIZATION CLEAN WATER STATE REVOLVING FUND April 1, 2012 - March 31, 2013** Summaries Semi-Annual Dates MBE ($) WBE ($) Non-ARRA (April 1, 2012 - September 30, 2012) (October 1, 2012 - March 31, 2013) 2,809,331.24 2,335,606.72 3,860,841.25 $ 2,408,582.18 $ ARRA (April 1, 2012 - September 30, 2012) (October 1, 2012 - March 31, 2013) 224,186.30 3,000.00 361,641.25 $ 0.00 $ TOTAL $ 5,372,124.26 $ 6,631,064.68 $ PERCENTAGE GOAL PERCENTAGE ACTUAL* 4.00% 6.49% 4.00% 8.02% *DBE information is provided on a semi-annual basis to EPA **Percentage Actual is calculated by dividing the DBE funds disbursed by the total CWSRF funds disbursed in the same period TOTAL ($) 6,670,172.49 4,744,188.90 585,827.55 3,000.00 12,003,188.94 8.00% 14.51% State FY 2013 CWSRF Annual Report 12 ATTAHMENT 7 DISBURSEMENT OF CWSRF FUNDS BY QUARTER CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Community Athens-Clarke County Atlanta Atlanta Augusta-Richmond County Cobb County The Conservation Fund Donalsonville Dublin Forsyth County Hampton Helen Hinesville Hinesville Jesup Moultrie Moultrie Nashville The Nature Conservancy Pine Lake Polk County Water, Sewerage and Solid Waste Authority Richmond Hill Richmond Hill Thomasville Thomasville Valdosta Projet Number CW 06-004 CW 10-002 CW 09-092 CW 09-096 CW 07-001(6) LC2012007 CW 11-003 CW 09-084 CW 10-005 CW 12-001 CW 09-006 CW 09-001 CW 10-006 CW 11-001 CW 09-035 CW 11-005 CW 10-001 LC2012005 CW 09-021 Quarter 1 7/2012 - 9/2012 417,510.33 1,123,341.70 910,472.00 - 641,373.53 - 169,973.53 185,193.01 705,984.19 460,722.50 382,921.65 1,273,189.93 680,196.50 Quarter 2 10/2012 - 12/2012 8,337,798.10 93,663.86 7,802,959.23 917,759.13 101,663.33 24,867.65 16,545.00 226,599.20 1,636,591.00 621,857.11 1,800,000.00 - Quarter 3 1/2013 - 3/2013 7,566,040.80 8,992.41 2,400,000.00 1,843,024.68 148,707.90 1,242,489.80 328,410.60 - 148,530.40 104,967.95 2,570,402.60 260,364.70 47,280.71 - Quarter 4 4/2013 - 6/2013 - $ 7,747,234.79 $ - $ - $ 100,000.00 $ - $ 1,186,726.77 $ - $ - $ 51,025.10 $ - $ - $ 151,412.19 $ 2,108,915.25 $ - $ 139,395.50 $ 300,863.85 $ - $ - $ CW 10-007 49,060.30 63,661.54 - - $ CW 09-095 CW 10-008 CW 11-006 CW 11-004 CW 08-003(2) Total Disbursements $ 242,793.82 - 236,130.26 7,478,863.25 $ 162,978.75 54,490.18 - 21,861,434.08 $ 38,428.65 456,715.65 17,164,356.85 $ 322,519.36 $ 227,433.79 $ 1,220.00 $ 185,882.55 $ - $ 12,522,629.15 $ Total 417,510.33 24,774,415.39 910,472.00 102,656.27 7,902,959.23 2,400,000.00 4,588,884.11 148,707.90 1,242,489.80 481,099.03 194,841.18 333,723.41 962,364.33 5,156,585.35 609,520.85 2,036,351.20 2,243,191.60 1,800,000.00 680,196.50 112,721.84 766,720.58 738,639.62 1,220.00 185,882.55 236,130.26 59,027,283.33 State FY 2013 CWSRF Annual Report 13 ATTACHMENT 8 COMPARISON OF PROJECTED VERSUS ACTUAL DISBURSEMENTS CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 Projected Disbursements Quarter 1 7/2012 - 9/2012 Quarter 2 10/2012 - 12/2012 Quarter 3 1/2013 - 3/2013 Quarter 4 4/2013 - 6/2013 Projected FY 2013 CW Disbursements from 2011 IUP 6,241,750.00 $ Projected FY 2013 CW Disbursements from 2012 IUP 5,974,000.00 5,974,000.00 5,974,000.00 5,974,000.00 $ Projected FY 2013 CW Disbursements from 2013 IUP 22,573,000.00 $ Total Projected Disbursements for FY 2013 $ 12,215,750.00 $ 5,974,000.00 $ 5,974,000.00 $ 28,547,000.00 $ Actual FY 2013 CWSRF Disbursements $ Percent Disbursed of Projected 7,478,863.25 $ 61% 21,861,434.08 $ 366% 17,164,356.85 $ 287% 12,522,629.15 $ 44% Total 6,241,750.00 23,896,000.00 22,573,000.00 52,710,750.00 59,027,283.33 112% State FY 2013 CWSRF Annual Report 14 Community ATHENS-CLARKE CO ATHENS-CLARKE CO ATLANTA AUGUSTA-RICHMOND BYRON HALL COUNTY HELEN HENRY COUNTY WSA LAFAYETTE MEIGS MOULTRIE OCONEE COUNTY PINE LAKE POLK COUNTY WSSWA VALDOSTA VALDOSTA VALDOSTA VALDOSTA ATTACHMENT 9 PROJECTS INITIATING OPERATION CLEAN WATER STATE REVOLVING FUND FY 2013 July 1, 2012 - June 30, 2013 CWSRF Assistance Assistance Amount Project Number Amount Used CW 06-004 15,000,000.00 14,112,334.33 CW 06-004-ARRA 8,000,000.00 7,565,481.53 CW 09-092 7,000,000.00 7,000,000.00 CW 09-096 10,570,003.00 8,250,814.26 CW 09-003 2,720,820.00 2,550,424.00 CW 06-006 31,200,000.00 21,200,000.00 CW 09-006 1,288,000.00 1,288,000.00 CW 08-001(2) 21,342,866.00 21,342,866.00 CW 09-087 548,000.00 548,000.00 CW 05-001 437,881.00 430,120.47 CW 09-035 3,384,500.00 3,384,500.00 CW 09-062 1,800,000.00 1,800,000.00 CW 09-021 1,375,000.00 1,367,696.50 CW 10-007 1,400,000.00 1,059,267.07 CW 08-003(1) 12,500,000.00 12,500,000.00 CW 08-003(2) 17,300,000.00 12,709,794.16 CW 08-003(1)-ARRA CW 08-003(2)-ARRA 10,000,000.00 1,200,000.00 10,000,000.00 1,200,000.00 Total $ 147,067,070.00 $ 128,309,298.32 Percentage Used 94% 95% 100% 78% 94% 68% 100% 100% 100% 98% 100% 100% 99% 76% 100% 73% 100% 100% 87% Binding Commitment Date 11/26/2007 10/2/2009 3/1/2011 8/6/2010 10/8/2009 11/5/2007 9/15/2009 5/5/2010 11/1/2010 7/22/2010 10/30/2009 12/10/2010 5/23/2011 7/22/2011 10/16/2009 6/6/2011 10/16/2009 6/6/2011 Initiate Operation Date 08/01/2012 08/01/2012 09/01/2012 02/01/2013 07/01/2012 07/01/2012 12/01/2012 02/01/2013 07/01/2012 09/01/2012 12/01/2012 07/01/2012 08/01/2012 11/01/2012 08/01/2012 08/01/2012 08/01/2012 08/01/2012 Loan Interest Rate 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% State FY 2013 CWSRF Annual Report 15 ATTACHMENT 10 CWSRF CAPITALIZATION GRANTS AVAILABLE & SPENT CLEAN WATER STATE REVOLVING FUND As of June 30, 2013 Capitalization Grant 2012 Funds Available 2012 Funds Spent % of Funds Spent CWSRF Funds* Total Funds 23,896,000.00 21,626,317.31 91% 23,896,000.00 21,626,317.31 91% Total Funds Available $ Total Funds Spent $ Total % of Funds Spent *includes up to 4% of administrative costs 23,896,000.00 $ 21,626,317.31 $ 91% 23,896,000.00 21,626,317.31 91% State FY 2013 CWSRF Annual Report 16