Orange County NC Website
2 <br /> 1 Slide #2 <br /> FY2024-25 RECOMMENDED BUDGET <br /> OUTSIDE AGENCIES <br /> (501-6) Approved Request Recommend Recommend <br /> Agencies Funded 42 52 38 3 <br /> Total $ 1,037,016 $ 1,969,914 $ 884,439 $ 162,776 <br /> Beginning in FY 2024-25,the agencies that are eligible to bill Medicaid and <br /> receive Maintenance of Effort(MOE)fiends will be moved to the MOE find <br /> and will be managed by Alliance. <br /> There were seven(7)new agencies requesting funding of$144,000,four(4)new <br /> agencies were recommended to receive funding for a total of$22,500. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #3 <br /> FY2024-25 RECOMMENDED BUDGET <br /> OUTSIDE AGENCIES <br /> Funding Formula <br /> I W—95 Up to$10,000 plu%base <br /> 94—90 UP to$ ,SW plus base <br /> 89—85 Up to$5,000 plus base <br /> 84—80 Up to S2,5W plus base <br /> 79—75 Up to$1,000 plus base <br /> 74—Below 50 <br /> *Funding is based on the requested amount over last years award <br /> (base). e.&The agency s last year award was$10,000 the request <br /> this year is S20,000,the application score is 84 the funding <br /> Formula amount will be$5,000 plus$10,000 base for an award of <br /> S 15,000. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 5 <br /> 6 Bonnie Hammersley said the funding formula was changed due to limited resources and <br /> 7 to ensure a more equitable distribution. <br /> 8 <br /> 9 <br />