Montana Water Pollution Control And Drinking Water State Revolving Fund Programs : Department of Environmental Quality, Department of Natural Resources And Conservation : Financial Audit for the Fiscal Year Ended June 30 .. 2006
Montana Water Pollution Control And Drinking Water State Revolving Fund Programs : Department of Environmental Quality, Department of Natural Resources And Conservation : Financial Audit for the Fiscal Year Ended June 30 .. 2006
Montana.Dept. of Natural Resources And Conservation
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No provision for uncollectible accounts has been made as all loans are current in terms of compliance with the repayment schedules, and management believes that all loans will be repaid according to the terms of the loan agreements. The drawn and outstanding principal balance of all loans guaranteed by the WPCSRF Program as of June 30, 2006 is $139,083,137. The total loans receivable in the WPCSRF program includes $126,382,557 presented as loans receivable and $12,700,580 presented as advances ...to other funds. The advances are inter-fund loans within the Department of Natural Resources and Conservation used for the non-point source private loans program. The drawn and outstanding principal balance of all loans guaranteed by the DWSRF Program as of June 30, 2006 is $69,572,784. Loans mature at various intervals through July 1, 2036. The scheduled principal payments on loans and advances to other funds maturing in the years following state fiscal year (SPY) 2006 are as follows: SFY ending June 30 ; WPCSRF Amount DWSRF Amount 2007 $ 6,205,984 $ 2,850,879 2008 8,238,500 4,467,600 2009 8,639,000 4,221,604 2010 9,187,200 4,411,100 2011 and thereafter 106.812.453 53.62L601 Total $139,083,137 $ 69,572,784 As of June 30, 2006, the WPCSRF and DWSRF had authorized loans to pubhc entities of the State of Montana that in the aggregate exceeded $200 and $99 million, respectively.
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