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Presentation Of Used Oil Recycling Fund Status January 2008. Administration and Finance Division. The Statutory “Formula”. Prescribed in statute and establishes for Oil programs: Funding order Amount available
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Presentation OfUsed Oil Recycling Fund StatusJanuary 2008 Administration and Finance Division
The Statutory “Formula” • Prescribed in statute and establishes for Oil programs: • Funding order • Amount available • The statutory formula guides Used Oil fund allocations to a point where annual expenditures equal annual revenue