Library: Policy
340:105-10-100. Area Agency on Aging funding formula for the allocation of Title III funds
Revised 5-13-02
(a) Policy. The Area Agency on Aging (AAA) establishes a funding formula for the allocation of all Title III funds. The formula must be included in the Area Plan and updated in the Area Plan if revised during the Area Plan year. The funding formula has a provision for allocating additional funds and for reprogramming funds awarded, but not utilized. The formula also outlines the process to be followed when there is a reduction in state or federal funding during the Area Plan year. The funding formula must be approved by the AAA Board of Directors. A mathematical formula is not required.
(c) Procedures. The AAA implements this Section by:
(1) drafting a formula which considers the:
(A) number of persons age 60 years of age and older;
(B) number of older persons in greatest economic need;
(C) number of older persons in greatest social need;
(D) number of low income minorities;
(E) need for and availability of priority services identified in the needs assessment process;
(F) availability of local resources, including volunteers;
(G) collocation of services and the development of community focal points; and
(H) state and federal mandates;
(2) including in the formula provisions for the:
(3) submitting the draft funding formula to its advisory council for review;
(4) submitting its draft funding formula to its board of directors for approval; and
(5) publishing the funding formula in the Area Plan and updating the formula in the Area Plan, as appropriate.
(A) allocation of additional funds received after the initial grant award from the State Agency;
(B) reprogramming of funds awarded by the AAA to Title III projects but not utilized; and
(C) reductions in state or federal funds during the Area Plan year;
(d) Cross reference. See OAC 340:105-10-40.
