2012 State Allocation
Allocation Formula
The DRA enabling legislation requires the Authority to update distressed county designation annually. The following calculations reflect these updates.
2012 Allocation Methodology
Factors used in determining 2012 Allocation:
Factor
Equity Factor (divided equally among eight states)
|
50% |
| Population Factor (DRA counties/parishes only) |
10% |
| Distressed Population (DRA counties/parishes only) |
20% |
| Distressed County Area (DRA counties/parishes only) |
20% |
The model included factors using 2012 Distressed Counties (based on 2008 Per Capita Income from the Bureau of Economic analysis and average from August 2008 to July 2010 National Unemployment Rate.)
|
| Alabama |
10.70% |
1,013,554.85 |
| Arkansas |
15.44% |
1,461,939.92 |
| Illinois |
8.56% |
810,578.67
|
| Kentucky |
8.98% |
850,169.92
|
| Louisiana |
18.31% |
1,734,437.56 |
| Mississippi |
15.49% |
1,467,054.58 |
| Missouri |
11.55% |
1,093,873.93 |
| Tennessee |
10.98% |
1,039,980.58 |
| TOTAL |
100.00% |
$9,471,590.01 |