Jobs for Veterans Act Public Law 107-288 State Funding Formula 1/11/2019

Major Elements (Formula) Funds to States are to be Made Available Based on an Approved State Plan Funds are to Support the DVOP/LVER Programs and Services to Transitioning Service Members Criteria for the Funding Formula is to be Established in Regulations 1/11/2019

Major Elements continued The Act Requires the Funding to Reflect a Ratio of: The Total Numbers of Veterans Residing in the State That are Seeking Employment to The Total Numbers of Veterans That are Seeking Employment In All States 1/11/2019

Major Elements continued In Developing the State Funding Formula, the Act Allows the Secretary to Use Such Criteria As the Civilian Labor Force and Unemployment Data 1/11/2019

Major Elements continued The Statute Permits the Secretary to Establish Minimum Funding Levels and Hold Harmless Criteria to Mitigate the Impact Upon States Who May Be Adversely Impacted By the New Formula 1/11/2019

Major Elements continued The Funding Formula is to be Phased - In Over the Three Year Period Beginning October 1, 2002 1/11/2019

Major Elements continued The First Year of the Phase-in, (FY 2003), is Lost Bill enacted Nov. 7, 2002 1/11/2019

Major Elements continued Phase-in Period Now is Two Years FY 2004 FY 2005 Formula Fully Implemented by FY 2006 C                     1/11/2019

Basis Funding Formula - Data & Methodology Total Numbers of Veterans Residing in the State That are Seeking Employment Is Best Determined by Current Population Survey (CPS) and Local Area Unemployment Statistics (LAUS) 1/11/2019

Basis Funding Formula - Data & Methodology cont’d CPS Provides the Most Reliable Source of the Number of Veterans in the Civilian Labor Force LAUS Measures State Unemployment OMB Requires the Use of LAUS Data in Allocating Federal Funds When Allocation is Based on Unemployment 1/11/2019

Basis Funding Formula - Data & Methodology cont’d. The Total Numbers of Veterans Residing in the State That are Seeking Employment (CPS) divided by The Total Numbers of Veterans That are Seeking Employment for All States Equals 50% of the allocation 1/11/2019

Basis Funding Formula - Data & Methodology cont’d. The Unemployment Level in Each State (LAUS) divided by The Unemployment Level for All States (LAUS) Equals Remaining 50% of the Allocation 1/11/2019

Funding Formula “Hold Harmless” Hold Harmless Funding Level for the Phase – In Period For FY 2004 - 80% of the States Previous Years Allocation FY 2005 – Rate Will be Published in Notice of Public Rule Making (NPRM) FY 2006 & Beyond– 90% of the States Previous Years Allocation 1/11/2019

Funding Formula Minimum Funding Level No State will Receive Less than 0.28 % of the Prior Years Funding Level Same Percentage As Applied in the Wagner-Peyser Act 1/11/2019

Other Funding Criteria Four Percent of Funds will be Distributed for TAP and Other Exigencies. TAP Active Duty Personnel Are Not Included in CPS or LAUS Funding Will be Based On a Per TAP Workshop Basis as Identified in the State Plan 1/11/2019

Other Funding Criteria cont’d Other Exigencies Sharp turns in unemployment Swings in numbers of Transitioning service members Change in Economic Conditions Funding for Exigent Conditions will be made Available to States based on an Approved Modified State Plan 1/11/2019

Effective Date of the Rule Interim Final Rule is Effective July 30, 2003 Notice of Public Rule Making and the Final Rule will be Published Prior to September 30, 2004. . 1/11/2019