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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) The base administration component is an amount of money that is calculated by adding the base State administration subcomponent calculated under subsection (b) of this section and the base county administration subcomponent calculated under subsection (c) of this section.
(b) For each quarter of the 2024-2025 State fiscal year, the base State administration subcomponent is four million one hundred eighty-seven thousand seven hundred dollars ($4,187,700). For each subsequent State fiscal year, the base State administration subcomponent shall be increased over the prior year's quarterly amount by a percentage that is the sum of each monthly percentage change in the Consumer Price Index: All Urban Consumers for the most recent 12 months available on March 1 of the previous State fiscal year.
(c) The base county administration subcomponent is seven million eight hundred thousand dollars ($7,800,000) for each quarter of the 2025-2026 State fiscal year. For each State fiscal year after the 2025-2026 State fiscal year, the base county administration subcomponent shall be increased over the prior year's quarterly amount by a percentage that is the sum of each monthly percentage change in the Consumer Price Index: All Urban Consumers for the most recent 12 months available on March 1 of the previous State fiscal year.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 108A. Social Services § 108A-147.7. Base administration component - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-108a-social-services/nc-gen-st-sect-108a-147-7/
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