Florida Regulations 12-10.006: Distribution to Units of Local Government
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After the calculation of the apportionment factor as specified in Florida Statutes § 218.245, all receipts available are to be distributed according to the following procedures:
(1) The apportionment factor for each eligible unit of local government is applied to the department’s estimate of all receipts available to determine each unit’s entitlement from the respective trust fund.
(2) Revenue shared with eligible units or ineligible units of local government shall be adjusted so that no eligible unit or ineligible unit shall receive less funds than its guaranteed entitlement or minimum entitlement, respectively.
(3) After making the adjustment as required by subsection (2) above, the sum of the guaranteed and minimum entitlements is subtracted from the estimate of all receipts available. The remaining funds shall be distributed according to a pro rata basis determined by the ratio of total dollars of all eligible units whose entitlements exceed their guaranteed entitlements, to the total receipts remaining after subtracting the sum of the guaranteed and minimum entitlements.
(4) The portion of revenue sharing funds which would otherwise be distributed to a unit of local government which has not properly certified compliance with, or has otherwise failed to meet the requirements of Florida Statutes § 200.065, shall be deposited in the General Revenue Fund for that fiscal year.
Rulemaking Authority Florida Statutes § 218.26(1). Law Implemented 218.21, 218.215, 218.23, 218.245, 218.25, 218.26 FS. History-New 3-8-82, Amended 7-8-82, Formerly 12-10.06, Amended 11-1-98.
Terms Used In Florida Regulations 12-10.006
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) Revenue shared with eligible units or ineligible units of local government shall be adjusted so that no eligible unit or ineligible unit shall receive less funds than its guaranteed entitlement or minimum entitlement, respectively.
(3) After making the adjustment as required by subsection (2) above, the sum of the guaranteed and minimum entitlements is subtracted from the estimate of all receipts available. The remaining funds shall be distributed according to a pro rata basis determined by the ratio of total dollars of all eligible units whose entitlements exceed their guaranteed entitlements, to the total receipts remaining after subtracting the sum of the guaranteed and minimum entitlements.
(4) The portion of revenue sharing funds which would otherwise be distributed to a unit of local government which has not properly certified compliance with, or has otherwise failed to meet the requirements of Florida Statutes § 200.065, shall be deposited in the General Revenue Fund for that fiscal year.
Rulemaking Authority Florida Statutes § 218.26(1). Law Implemented 218.21, 218.215, 218.23, 218.245, 218.25, 218.26 FS. History-New 3-8-82, Amended 7-8-82, Formerly 12-10.06, Amended 11-1-98.