Sub-allocation formula and methodology for FTA funds in the Raleigh UZA

Summary

This report describes the sub-allocation formula and methodology used by CAMPO to distribute FTA funds to direct recipients, sub-recipients, and other jurisdictions within the Raleigh UZA. The formula is based on several key metrics, including population, population density, vehicle revenue miles, and low-income population. The report outlines the steps involved in calculating the sub-allocation amounts, including gathering data, adjusting for annual costs, and developing parties' shares. The goal of the report is to provide a clear understanding of the sub-allocation process and to ensure that funds are distributed fairly and efficiently.

Details

Subject

Sub-allocation formula and methodology for FTA funds in the Raleigh UZA

Summary

This report describes the sub-allocation formula and methodology used by CAMPO to distribute FTA funds to direct recipients, sub-recipients, and other jurisdictions within the Raleigh UZA. The formula is based on several key metrics, including population, population density, vehicle revenue miles, and low-income population. The report outlines the steps involved in calculating the sub-allocation amounts, including gathering data, adjusting for annual costs, and developing parties' shares. The goal of the report is to provide a clear understanding of the sub-allocation process and to ensure that funds are distributed fairly and efficiently.

Report Type

implementation guide

Report Title

Sub-Allocation Formula and Methodology Implementation Guide

Authoring Body

CAMPO