Per Capita Portion:
Multiply the Small Counties Population Percentage by the Total Fund Balance.
Per Capita portion = (Small Counties Population Percentage X Total Fund Balance)
Dedicated Portion:
The Dedicated Portion is calculated by subtracting an amount from the Total Fund Balance and adding it to the Per Capita Portion so that the sum of the Per Capita Portion plus the Dedicated Portion is divided by the number of Small Counties, AND the result is less than or equal to the Disbursement received by the Large County with the population closest to or equal to 15,000.
Dedicated Portion = [(Per Capita Disbursement + Dedicated Portion) / (Number of Small Counties)] < / = Disbursement of the Large County with lowest population
The Disbursement for small counties is calculated by adding the Per Capita and Dedicated Portions.
Disbursement (for Small Counties) = (Per Capita Portion) + (Dedicated Portion)
The amount to be disbursed for each Large County is calculated as follows:
Disbursement = (census population) / (Adjusted population) X (Adjusted Fund Balance)
15 Miss. Code. R. 3-1-1.3.5