Get Allotment Formula

The Allotment Formula is essential for determining each State's share of federal appropriations for hospital construction. Filling out this form accurately ensures fair distribution based on each State's per capita income and fiscal capacity. This guide provides a detailed, step-by-step approach to complete the Allotment Formula online effectively.

Follow the steps to complete the Allotment Formula form online.

1. Click ‘Get Form’ button to obtain the form and open it in your chosen editor.
2. Begin by entering the appropriate State name in the designated field. This identifies the State for which you are calculating the allotment.
3. Next, provide the per capita income of the State in the specified field. This figure should represent the latest available average per capita income.
4. In the following section, enter the national average per capita income for reference. This is crucial for calculating the index.
5. Calculate the allotment index by entering the formula: (State per capita income / National average per capita income) and multiply by 100. Enter this result in the appropriate field.
6. Determine the fiscal capacity. If the allotment index results in a value greater than 75, adjust it to 75. If it's less than 33.33, adjust it up to 33.33. Enter this adjusted figure.
7. For weighted population, multiply the population of the State by the square of the allotment percentage. Provide this value in the respective field.
8. Finally, review all entered data for accuracy. Once confirmed, save your changes, and choose to download, print, or share the completed document as needed.

Ensure fair funding by accurately completing the Allotment Formula online today.