Agenda - Council - 10/26/1982 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I -2- Per Capita Income Data for EP14 A number of governments have been in touch with the Office of Revenue ~haring with regard to the per capita income data which was used to compute EP14 allocations, since increases in this factor caused some negative changes from the estimated allocations sent in April 1982. As you are aware, the Revenue Sharing Act requires that ORS use the most current data available in the revenue sharing formtula. In June 1982, this o£f~ee was provided with 1979 per capita income figures for all recipient govern- .uef~ts by the Bureau of the Census, thus updating that factor which was used in d~.~termining initial allocations for Period lg. This office advised local govern- ~ents in April, during the Data Improvement Program, that the 1979 figures would be used, if .available, for the initial allocations. The 1979 per capita income figure is determined based on data from -the 1980 Census of Population and Housing and is the estimated mean or average amount of total money income received by all persons residing in the gover~nental unit d~.~ring calendar year 1979. Total money income'inc!udes (but is not limited to) wage and salary income, net non-farm income, interest, dividends, public assist- ance income, unemployment compensation, Social Security benefits, etc. If your government wishes to challenge the accuracy of the per caoita income data, you should write a letter to: Matthew Butler, l~mager, Data and Demography Division, at the letterhead address. Comparisons of your change in income between 1977 and 1979 with those of similar neighboring communities in the same County may be used as documentation to initiate research by the Bureau of the Census. Any challenges will be researched by the Bureau of the Census, but it should be noted that any adjustment in payment which might result would, under current plans, be made in the last payment for EP14 (October 7, 1983). Public Participation During this time of the year, a large number of governments are traditionally involved in the development, consideration and adoption of local government budgets. While you are in this important decision-making process, it is important to remember that the Revenue Sharing Act requires that two public hearings be held and notices be published before appropriating or spending revenue sharing funds. Additional public notices are required after the adoption of the budget involving revenue sharing money as well as after the submission of the expenditure reports to the Bureau of the Census. The purpose of these procedural requirements is important because it gives your government an opportunity to involve your citizens in the 8etermination of how these funds can best be used by the local government. There should be an opportunity for an open discussion of ideas and opinions so that your officials may become familiar with concerns of the public, and the public may become more aware of the financial procedures of their government. Your budget document, expenditure report, and supporting doc~entation must be made available for inspection by citizens of your community. ~'~nile this i~soection can take place during normal business hours at your goverrm~ent's principal office, I would encourage you to make them available by placing them at other locations as well (public libraries, schools, etc. ).