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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) The Department for Local Government shall allocate area development district funds appropriated to the Joint Funding Administration Program to the area development districts in accordance with the following formula:
(a) Seventy percent (70%) of the total appropriation shall be allocated equally among all area development districts;
(b) Twenty percent (20%) of the total appropriation shall be allocated based upon each area development district's proportionate share of total state population as identified by the most recent federal decennial census; and
(c) Ten percent (10%) of the total appropriation shall be allocated based upon each area development district's proportionate share of total incorporated cities and counties as identified by the records of the Kentucky Secretary of State's land office at the time of the allocation.
(2) The Department for Local Government shall, upon the unanimous written direction of all area development districts, reduce the allocation based upon proportionate share of total incorporated cities and counties set forth in subsection (1)(c) of this section and instead allocate those funds to provide additional nonfederal dollars to area development districts for the purpose of maximizing federal awards.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XII. Conservation and State Development § 147A.100.Allocation of funds; allocation formula; alternative allocation - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xii-conservation-and-state-development/ky-rev-st-sect-147a-100/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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