Agenda - Council - 04/27/1982 - Laserfiche WebLink

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calendar year 1979 estimate based upon the 1980 census in the initial Entitlement Period 14 allocations, if available from the Bureau of the Census by June 1, 1982. Otherwise, the calendar year 1977 estimate will be used in all subsequent Entitlement Period 14 allocation computations. In making budget projections, governments should be cautioned that the 1979 per capita income estimates, if introduced, may cause significant differences between a government's estimated and actual Fourteenth Period allocations. I I I The adjusted tax and intergovernmental transfers data factors relate to Fiscal Year 1981. Fiscal Year 1981 is a government's twelve-month accounting period which ended between July 1, t980, and June 30, 1981. The Census Bureau annually conducts a general revenue sharing survey to collect data pertaining to adjusted taxes and intergovernmental transfers. The word "NONRESPONDENT" and a $0 estimated allocation are shown for governments which have not responded for Fiscal Year 1981. If your government has not responded to this survey, it is strongly urged that the correct data, supported by appropriate documentation, be provided at this time. Otherwise, the entire entitlement and payments I I I I I I I I I I I for your government may be jeopardized. In general, a government's allocation increases when its per capita income falls or its adjusted tax figure rises, and vice-versa. However, it is always the relative value of these factors as compared with those for competing governments that ultimately determines the amount of each allocation. Intergovernmental transfers interact only in cases where the "50 percent rule," which limits a government's allocation to 50 percent of its total adjusted taxes and intergovernmental transfers, applies. Population does not affect the allocation to a local government unless the government is constrained by the minimum or maximum per capita grant permitted under the Act. These limits are 20 percent and 145 percent, respectively, of the per capita amount allocated'to all local governments in the State. Indian tribes and Alaskan native villages are exceptions, since their allocations are based directly on the tribe or village pop- ulatton as a percent of the ~otal county population. Your careful review of your government's Revenue Sharing data factors will help to ensure that all Entitlement Period 14 funds are allocated correctly and equitablF. Your assistance in this data improvement program is appreciated. Sincerely, Michael F. Hill Enclosure