[ORMAP-Tech] Funding Suggestions for the Fall 2009 and Future Cycles.

[MCCLELLAN Philip L]

At the 2nd fall tech group meeting on October 20th, we discussed funding
options that included a 20% large grant cap. This would cap grant
requesting to no more than 20% of the available funds during a funding
cycle. The group also requested that grants requesting 3%, or less of
the total available funds, be fully funded. The funds for the small
grants would be subtracted before the other grants are weighted and
reduced. They also recommended that the goal 6 date be extended to 2016.
 
The group requested that I make these adjustments and show examples of
how the funding would weigh out for the fall 2009 cycle. As well as,
what it would've looked like if we had applied these factors to the
spring 2009 cycle. I have attached copies of those reductions. The group
is asking that the department make these recommendations to the advisory
committee. If they are accepted, it was recommended that these changes
be applied to the current fall cycle.
 
The fall advisory committee meeting is scheduled for November 5, 2009.
If you have any comments concerning these suggestions please reply back
to me by Friday, October 29, 2009.
 
Thank you.
Phil
 
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________________________________

Philip McClellan
ORMAP Project Coordinator
Oregon Department of Revenue
Property Tax Division - CDOT
Tel: 503-586-8128
Fax: 503-945-8737 
www.ormap.org <http://www.ormap.org/>  

 
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