§761.204. Methods of allocating funds to State Offices.
7 C.F.R. § 761.204
FO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:
Formula allocation, if data, as specified in § 761.205, is available to use the formula for the State.
Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.
Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.
Notes, amendments, and revision history
Amendments
[72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010]
Authority
Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.
Source
Source: 72 FR 63285, Nov. 8, 2007, unless otherwise noted.
Amendments
[72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010]