Agenda Package - 01-22-08 (Finance)

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® A deferred payment accrues interest at a rate equal to the rate earned by the 911 Fund until it is aid. fcj Grant Reallocation. - If the amount of reimbursements to CMRS providers approved by the 911 Board for a fiscal year is less than the amount of funds allocated for reimbursements to CMRS providers for that fiscal year, the 911 Board may reallocate part or all of the excess amount to the PSAP Grant Account established under G.S. 62A-47. The 911 Board may reallocate funds under this subsection only once each calendar year and may do so only within the three-month period that follows the end of the fiscal year. If the 911 Board reallocates more than three million dollars ($3,000,000) to the PSAP Grant Account in a calendar year, it must consider reducing the amount of the service charge in G.S. 62A-44 to reflect more accurate the underlying costs of providing 911 system services The 911 Board must make the following findings before it reallocates funds to the PSAP Grant Account: L There is a critical need for additional funding for PSAPs in rural or high-cost areas to ensure that enhanced 911 service is deployed throughout the State. The reallocation will not impair cost recovery by CMRS providers The reallocation will not result in the insolvency of the 911 Fund 62A-46. Fund distribution to PSAPs. (a) Monthly Distribution. - The 911 Board must make monthly distributions to ® primary PSAPs from the amount allocated to the 911 Fund for PSAPs The amount to be distributed to each primary PSAP is the sum of the following The PSAP's base amount. - The PSAP's base amount is the amount the PSAP received in the fiscal year ending June 30, 2007, and deposited in the Emergency Telephone System Fund of its local governing entity, as reported to the State Treasurer's Office Local Government Division. The PSAP's per capita amount. -The PSAP's per capita amount is the PSAP's per capita share of the amount desi nated by the Board under subsection (b) of this section for the per capita distribution The 911 Board must use the most recent population estimates certified by the State Budget Officer in making the per capita distribution under this subdivision. A PSAP is not eligible for a distribution under this subdivision unless it provides enhanced 911 service (b) Percentage Designations. - The 911 Board must determine how revenue that is allocated to the 911 Fund for distribution to primary PSAPs and is not needed to make the base amount distribution required by subdivision (a)(1) of this section is to be used. The 911 Board must designate a percentage of the remaining funds to be distributed to primary PSAPs on a per capita basis and a percentage to be allocated to the PSAP Grant Account established in G S 62A-47 If the 911 Board does not designate an amount to be allocated to the PSAP Grant Account the 911 Board must distribute all of the remaining funds on a per capita basis The 911 Board may not change the percentage designation more than once each calendar year. Page 8 Session Law 2007-383 House Bill 1755