R547-15-3. Formula


Latest version.
  •   (1) Formula:

      (a) For the JJS Programs and Operations line item and the DHS Community Providers Line item:

      (i) At the end of each fiscal year, the Division of Finance shall transfer the lesser of the lapsing balance in each line item or:

      (ii) An amount to be determined based on calculating the percent reduction in average nightly counts of youth in out of home placements from the base year of 2017 to the current year, multiplied by total year end expenditures.

      (A) ((FY17-Current FY)/FY17)*Current FY Expenditures