The distribution of excess funds shall be distributed to each governmental unit in proportion to amounts billed and paid. In calculating this ratio, extend to five significant decimals. This will result in a percentage followed by three decimals; for example:
$15,769
$578,639
= 0.02725 = 2.725%

(A)

(C)

Billed for Budget

Total Billed

Paid
Refund
Due

(D)

Distribution
A/R
A/P
CC
$85,000
$85,000
$85,000
$13,632
$10,099
$_____
$3,533

(80.189%)
(84.158%)

A
7,000

     7,000
     7,000
    1,123        
832
_____
     291

(6.604%)
(6.931%)

B
8,000
     8,000
     3,000
    1,283
     356
5,000
927

(7.547%)
(2.970%)

Spec. C
– 0 –
(B) 6,000
     6,000
     962
713
_____
249

(5.660%)
(5.941%)

___________
___________
________
______
________
_____
_____

$100,000
(B) $106,000
$101,000
$17,000
$12,000
$5,000
$5,000
Upon collection of Accounts Receivable, clear Accounts Receivable, Accounts Payable, and credit any remaining balances to subsequent billings, if applicable.
    (a) Billed per Florida Statutes § 192.091(1)
    (b) Billings other than under Florida Statutes § 192.091(1)
    (c) Prorated on basis of “”Total Billed.””
    (d) Prorated on basis of “”Paid.”” Credit these amounts to subsequent period billings if the district is subject to billing for the following fiscal period.
Rulemaking Authority Florida Statutes § 195.027(1), 213.06(1) FS. Law Implemented 195.087, 213.05, 218.36 FS. History-New 10-12-76, Formerly 12D-11.09.