Allocation Formula
The DRA enabling legislation requires the Authority to update distressed county designation annually.
The following calculations reflect these updates.
2008 Allocation Methodology
Factors used in determining 2008 Allocation:
| Factor |
Factor Percentage |
Equity Factor
(divided equally among eight states) |
50% |
Population Factor
(DRA counties/parishes only) |
10% |
Distressed Population Factor
(DRA counties/parishes only) |
20% |
Distressed County Area
(DRA counties/parishes only) |
20% |
| Total |
100% |
The model included factors using 2008 Distressed Counties (based on 2005 Per Capita Income from the Bureau of Economic analysis and July 2007 National Unemployment Rate.)
2008 Allocation
| Alabama |
10.47% |
815,508.30 |
| Arkansas |
14.92% |
1,162,118.80 |
| Illinois |
8.51% |
662,843.90 |
| Kentucky |
8.76% |
682,316.40 |
| Louisiana |
20.58% |
1,602,976.20 |
| Mississippi |
14.71% |
1,145,761.90 |
| Missouri |
11.36% |
884,830.40 |
| Tennessee |
10.69% |
832,644.10 |
| Total |
100% |
$7,789,000.00 |