Calculation of the FY04 HB124 Entitlement Share Payment

Generally, the amount of entitlement share due to a county each year is the amount

the county received in the prior year plus a share of the current year growth amount.

For FY06, this means the amount of the FY05 entitlement share payment, plus

FY06 growth amount.

The following four tables show the calculation of the FY06 entitlement share

payment for each county.

Table 2.

This shows the calculation of the total FY06 entitlement share pool.

For FY06, the total amount of the entitlement share pool is the FY05

entitlement share pool plus a growth of 2.490%.

The FY06 growth amount is also calculated in Table 2.  The FY06

growth amount is the FY06 entitlement share pool less the FY05

entitlement share pool.

Table 3.

This is the allocation of the FY06 growth amount.  One half of the growth

amount is allocated based on the share of the base year component.

The other half of the growth amount is allocated based on the share

of total population.

Table 4.

This is the calculation of the FY06 entitlement share payment:

Column 1 is the amount the FY05 entitlement share payment;

Column 2 is the share of the FY06 growth amount;

Column 3 is the FY06 entitlement share payment annual total;

Column 4 is the expected amount of each quarterly payment to be

made in FY06.

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